Elixir deUSD wallet
The most secure hardware wallet for your Elixir deUSD
Thousands trust Tangem for their Elixir deUSD security, join them and be assured too!
How to secure your Elixir deUSD with Tangem?
When you buy or hold Elixir deUSD 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 Elixir deUSD 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 Elixir deUSD 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 Elixir deUSD (DEUSD)?
Elixir deUSD, symbolized as DEUSD, is branded as the “decentralized US Dollar.” This fully collateralized synthetic currency operates on the Elixir Network, crafted by leveraging stETH and sDAI. By employing these assets, the network establishes a delta neutral position through ETH shorting, offering a stable and innovative synthetic dollar in the cryptocurrency sphere.
What is an Elixir deUSD wallet?
An Elixir deUSD wallet is a tool for storing private keys that interface with your DEUSD address, facilitating the management of your tokens. While it doesn’t store DEUSD physically, it aids in creating and securing private keys to manage your DEUSD holdings, which reside on the blockchain. Essentially, an Elixir deUSD wallet is essential for storing, transacting, and managing your assets.
How does an Elixir deUSD wallet work?
These wallets function using public and private key pairs to secure blockchain accounts. The private key is crucial for accessing specific DEUSD accounts and should be kept confidential, while the public key can be disclosed to receive DEUSD. To dispatch funds, possession of the corresponding private key is required. Tangem Wallet facilitates the generation and storage of private keys within its hardware.
What are the types of Elixir deUSD wallets?
Exchange Elixir deUSD Wallets:
Platforms like Coinbase, Binance, and Kraken offer custodial wallets to buy DEUSD with traditional currency. They, however, come with risks such as potential access restrictions.Software Elixir deUSD Wallets:
Found on devices, these allow private key management and DEUSD transactions but can be susceptible to cyber threats. Variants include mobile, desktop, and browser wallets.Mobile Elixir deUSD Wallets: Smartphone apps designed for managing DEUSD on-the-go.
Desktop Elixir deUSD Wallets:
Applications installed on PCs, where keys are stored on local drives.Hardware Elixir deUSD Wallets:
Offer offline security, like Tangem, to avert digital threats.
How to Choose the Best Elixir deUSD Wallet
Selecting the ideal wallet hinges on your needs, considering ease of use, reliability, and security. For maximum security and large fund storage, a hardware wallet such as Tangem is advisable.
Elixir deUSD DEUSD
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See all supported cryptosElixir deUSD FAQ
- You can buy Elixir deUSD 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 Elixir deUSD, 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 Elixir deUSD 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 Elixir deUSD, install the Tangem app, follow the instructions to set up a cold wallet, and generate a unique address for storing your cryptocurrency.
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