Convex FXS wallet
The most secure hardware wallet for your Convex FXS
Guard your Convex FXS with Tangem, the choice of a large network of crypto owners!
How to secure your Convex FXS with Tangem?
When you buy or hold Convex FXS 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 Convex FXS 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 Convex FXS 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 Convex FXS (CVXFXS)?
Convex FXS (CVXFXS) is integral to the Convex platform, a powerful solution for amplifying liquidity on decentralized exchanges like Curve, Prisma, Frax, and f(x). Through Convex, users can deposit their liquidity provider (LP) tokens, unlocking enhanced reward opportunities.
What is a Convex FXS wallet?
A Convex FXS wallet holds the private keys required to interact with your CVXFXS holdings. It's important to note that the CVXFXS itself remains on the blockchain while the wallet facilitates secure access to manage your assets. Essentially, it functions as a tool for storing, sending, receiving, and overseeing your Convex FXS holdings.
How does a Convex FXS wallet work?
Convex FXS wallets manage your blockchain addresses through a combination of public and private keys. While the public key can be shared to receive CVXFXS, the private key must be kept confidential as it allows you to access and transact your funds. With Tangem Wallet, private keys are generated and securely stored, ensuring the safekeeping of your CVXFXS.
What are the types of Convex FXS wallets?
Exchange Convex FXS Wallets:
Platforms like Coinbase, Binance, and Kraken offer custodial wallets for buying CVXFXS with fiat currencies. However, this centralization poses certain risks like possible restrictions on account access.Software Convex FXS Wallets:
Software wallets, available on various devices, manage private keys and CVXFXS assets. Although convenient, they are susceptible to cyber threats. Types include mobile, desktop, and browser wallets.Mobile Convex FXS Wallets:
Applications designed for smartphones to handle CVXFXS transactions on the go.Desktop Convex FXS Wallets:
Installed on personal computers, these wallets store private keys directly on your hard drives or SSDs.Hardware Convex FXS Wallets:
Devices offering offline storage, like Tangem, safeguarding your CVXFXS from online vulnerabilities.
How to Choose the Best Convex FXS Wallet
Selecting the perfect wallet is a matter of assessing personal requirements for simplicity, dependability, and security. For maximum protection against online risks and secure storage of significant CVXFXS, consider a hardware wallet like Tangem.
Convex FXS CVXFXS
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See all supported cryptosConvex FXS FAQ
- You can buy Convex FXS 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 Convex FXS, 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 Convex FXS 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 Convex FXS, install the Tangem app, follow the instructions to set up a cold wallet, and generate a unique address for storing your cryptocurrency.
- Frax Share (FXS) isa governance and collateral token in the Frax Finance ecosystem. It plays a crucial role in maintaining the stability of the FRAX stablecoin and ensuring the long-term success of the protocol.
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