DeFiChain wallet
The most secure hardware wallet for your DeFiChain
Tangem Wallet: the ultimate protection for your DeFiChain. Discover why so many are choosing smarter storage.
How to secure your DeFiChain with Tangem?
When you buy or hold DeFiChain 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 DeFiChain 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 DeFiChain 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 DeFiChain (DFI)?
DeFiChain is a decentralized blockchain platform engineered to provide swift, intelligent, and transparent financial services without central authority. Unlike the majority of DeFi initiatives which operate on the Ethereum platform, DeFiChain leverages Bitcoin through a software fork. It solidly anchors itself to the Bitcoin blockchain via merkle root integration every few minutes, thereby achieving fortified security.
What is a DeFiChain wallet?
A DeFiChain wallet is a digital tool used to store private keys, which provide you access to control your DeFiChain address. It doesn't actually hold DeFiChain itself, as this resides securely on the blockchain. Instead, its primary function is to generate and retain these keys, enabling seamless control over your DeFiChain assets. Essentially, a DeFiChain wallet lets you conveniently store, send, receive, and manage your DFI tokens.
How does a DeFiChain wallet work?
DeFiChain wallets leverage a pair of public and private keys to manage your blockchain accounts. While the private key is essential for maintaining exclusive access to your DeFiChain account and must be kept secure, the public key can be shared to receive DFI tokens. To initiate any withdrawals, one needs the corresponding private key. With Tangem Wallet, private keys are generated and stored safely within its state-of-the-art chip.
What are the types of DeFiChain wallets?
Exchange DeFiChain Wallets:
On centralized exchanges like Coinbase, Binance, and Kraken, you can acquire DeFiChain using traditional currency with custodial wallets, although this might involve risks such as losing access.Software DeFiChain Wallets:
These are digital wallets installed on devices to manage your DeFiChain private keys and tokens. They offer ease of use, although they can be susceptible to malware and cyber threats and come in mobile, desktop, and browser formats.Mobile DeFiChain Wallets:
These are applications that facilitate DeFiChain management on your smartphone.Desktop DeFiChain Wallets:
These are installed on your computer, storing private keys securely on hard drives or SSDs.Hardware DeFiChain Wallets:
These provide offline storage solutions like Tangem, effectively shielding against online threats.
How to Choose the Best DeFiChain Wallet
Choosing the ideal wallet depends on your specific requirements, emphasizing factors like functionality, reliability, lifetime, and security. For those keen on protecting against online vulnerabilities and storing substantial amounts safely, hardware wallets such as Tangem are highly advisable.
DeFiChain DFI
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See all supported cryptosDeFiChain FAQ
- You can buy DeFiChain 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 DeFiChain, 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 DeFiChain 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 DeFiChain, install the Tangem app, follow the instructions to set up a cold wallet, and generate a unique address for storing your cryptocurrency.
- Julian Hospis chairman and CEO of the DeFiChain Foundation. He also co-founded Cake DeFi. Hosp is an influential and authoritative specialist in the crypto industry, with a large following around the world. U-Zyn Chua, fellow co-founder of Cake DeFi, serves as chief technical officer (CTO) and researcher at DeFiChain.
- DeFiChain (DFI) isa blockchain platform designed to bring decentralized finance (DeFi) capabilities to the Bitcoin ecosystem. It is built on the Bitcoin network, leveraging its security and immutability.
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