Defactor wallet
The most secure hardware wallet for your Defactor
Secure your Defactor with the trusted Tangem and join our growing, satisfied users.
How to secure your Defactor with Tangem?
When you buy or hold Defactor 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 Defactor 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 Defactor 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 Defactor (FACTR)?
Defactor is a unique protocol that facilitates the integration of real-world assets into the decentralized finance (DeFi) landscape. Acting as a connecting link between traditional businesses and the DeFi world, it provides these entities the opportunity to utilize DeFi liquidity. By converting tangible assets into NFTs, Defactor enables them to serve as collateral for accessing financial resources.
What is a Defactor wallet?
A Defactor wallet is an application that securely holds the private keys needed to interact with your FACTR address. While it doesn’t store FACTR itself, which remains on the blockchain, it securely retains your keys, granting management capabilities over your FACTR holdings. Essentially, a Defactor wallet is a tool for managing, sending, and receiving FACTR.
How does a Defactor wallet work?
Defactor wallets use a combination of public and private keys to handle blockchain interactions. The private key, which needs to be kept secret, allows you access to your FACTR account, while the public key can be shared to receive FACTR funds. You’ll require the private key to transfer out any FACTR. Tangem Wallet offers a solution by generating and storing private keys securely on its chip.
What are the types of Defactor wallets?
Exchange Defactor Wallets:
Custodial wallets on centralized platforms like Binance or Kraken enable purchasing FACTR with standard fiat money, yet they come with the risk of account access being limited by the platform.Software Defactor Wallets:
Installed on your electronic devices, these wallets let you manage FACTR and its keys but may be at risk of cyber threats. These include mobile apps, desktop programs, and browser extensions.Mobile Defactor Wallets:
Applications specifically designed for smartphones that allow for the management of FACTR on the go.Desktop Defactor Wallets:
Software installed on PCs or laptops to store private keys on local hard drives or SSDs.Hardware Defactor Wallets:
Providing offline storage for your keys, devices like Tangem protect against online vulnerabilities and threats.
How to Choose the Best Defactor Wallet
Choosing a wallet depends on personal preferences. Consider factors like usability, security, durability, and convenience. For robust security and storing larger amounts, a hardware wallet like Tangem is often recommended due to its offline storage capabilities.
Defactor FACTR
Tangem supports other cryptocurrencies
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See all supported cryptosDefactor FAQ
- You can buy Defactor 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 Defactor, 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 Defactor 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 Defactor, install the Tangem app, follow the instructions to set up a cold wallet, and generate a unique address for storing your cryptocurrency.
- Dimitra Token (DMTR) isan ERC-20 utility token built on the Ethereum blockchain. It is designed to support smallholder farmers globally by providing a platform for data-driven farming, enhancing yields, reducing costs, and mitigating risks.
- FACTR tokens areused to pay for Defactor's services and also serve as governance tokens, allowing holders to participate in decision-making processes within the ecosystem.
- Tornado Cash (TORN) isa decentralized, non-custodial cryptocurrency mixer that operates on Ethereum Virtual Machine-compatible networks. It uses zero-knowledge proofs to obscure the trail of cryptocurrency transactions, providing privacy for users.
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