Obyte wallet
The most secure hardware wallet for your Obyte
Protect your Obyte with Tangem. Join the growing community of savvy crypto holders.
How to secure your Obyte with Tangem?
When you buy or hold Obyte in Tangem, it secures your private keys in many ways:
- With the seedless setup and smart backups on extra devices, your Bitcoin is safe and accessible only to you.
- Tangem is IP69K water and dustproof, built to protect against extreme temperatures, EMPs, ESCs, and X-RAYS.
- An access code and biometric authentication protect against unauthorized access.
- Private keys are generated and stored on its EAL6+ CC secure element.
How to get a Obyte Crypto Wallet?
Tangem products are for everyone, from beginners to experts. They keep your crypto safe and easy to manage. With cutting-edge technology, Tangem lets you control and protect your digital assets.
Get TangemWhy choose Obyte wallet with Tangem.
Privacy
No registration and KYC required to use the app. We don't track your data.
Security
Your private keys are encrypted and never leave your device. Only you have control over your funds.
Convenient designs
Choose from a variety of elegant designs, including unique co-branded editions and our innovative ring-form factor wallet, ensuring both style and functionality.
24/7 Customer care
Fast support for your needs. Live chat and email support for customers from all over the globe.
What is Obyte (GBYTE)?
Obyte, introduced on December 25, 2016, is a revolutionary distributed ledger technology. Unlike conventional blockchains, Obyte utilizes a directed acyclic graph (DAG) structure. This approach eliminates the need for blocks and miners, promoting a fully decentralized and open-access ledger system. Obyte stands out as a trailblazer in DAG-based cryptocurrencies due to its innovative architecture.
What is an Obyte wallet?
An Obyte wallet is designed to store private keys that control your Obyte address. While the wallet itself doesn’t hold Obyte coins, it plays a crucial role in safeguarding your private keys which enable interaction with the Obyte blockchain. Essentially, an Obyte wallet facilitates the storage, sending, receiving, and overall management of your Obyte holdings.
How does an Obyte wallet work?
Obyte wallets function using pairs of public and private keys to manage access to blockchain accounts. To ensure security, the private key must remain confidential and is essential for transaction approvals, whereas the public key can be shared to facilitate receiving Obyte. Tangem Wallet, for instance, securely generates and stores these private keys within its chip, ensuring safety and accessibility.
What are the types of Obyte wallets?
Exchange Obyte Wallets:
Platforms like Coinbase, Binance, and Kraken provide exchange services for Obyte using custodial wallets, allowing you to purchase Obyte with traditional currencies. This option may involve risks such as account access restrictions.Software Obyte Wallets:
These are applications installed directly on devices to manage Obyte and its private keys. While convenient, they might be susceptible to digital threats including malware. They come in variants like mobile, desktop, and browser-based wallets.Mobile Obyte Wallets:
Apps tailored for smartphones, offering straightforward Obyte management.Desktop Obyte Wallets:
Installed on PCs or laptops, these wallets store private keys on your hardware, either on hard drives or SSDs.Hardware Obyte Wallets:
These offline storage options, such as Tangem Wallets, protect against online vulnerabilities by securely storing private keys away from digital threats.
How to Choose the Best Obyte Wallet
Selecting the right Obyte wallet depends on your specific preferences regarding usability, dependability, security, and simplicity. For those concerned with defending against online hazards and safeguarding considerable assets, a hardware wallet like Tangem is advisable due to its robust security features.
Obyte GBYTE
Tangem supports other cryptocurrencies
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See all supported cryptosObyte FAQ
- You can buy Obyte on major cryptocurrency exchanges like Binance, Coinbase, or Kraken. You can also use P2P platforms or specialized exchange services. For safe storage, it is recommended to use a reliable wallet like Tangem.
- For long-term storage of Obyte, a cold wallet such as Tangem is the best choice, offering a high level of security. For active transactions, a hot wallet is more convenient but less protected from hacking.
- Transfer fees for Obyte depend on the blockchain network load and the exchange or wallet used. Typically, this includes a network fee (gas fee) and possibly additional fees from the platform.
- To create a wallet for Obyte, install the Tangem app, follow the instructions to set up a cold wallet, and generate a unique address for storing your cryptocurrency.
- Byte (BYTE) isa cryptocurrency that aims to facilitate efficient and secure transactions within the digital ecosystem. Leveraging blockchain technology, Byte operates on a decentralized platform, ensuring transparency and reducing the risk of fraud.
- Byteball isa decentralized system that allows tamper proof storage of arbitrary data, including data that represents transferrable value such as currencies, property titles, debt, shares, etc.
- Key TakeawaysEthereum remains the #1 smart contract platform, thanks to its first-mover advantage, large developer community, and continuous upgrades. Competitors likeSolana, Cardano, and Polkadotoffer faster speeds and lower fees, but Ethereum's decentralization and user base keep it ahead of the pack.
- TheDigital Yuan, also referred to as the e-CNY, means China's central bank digital currency (CBDC).
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