Extra Finance wallet
The most secure hardware wallet for your Extra Finance
Prefer a self-custodial option for your Extra Finance? Discover why peers trust Tangem for their assets.
How to secure your Extra Finance with Tangem?
When you buy or hold Extra Finance 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 Extra Finance 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 Extra Finance 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 Extra Finance (EXTRA)?
Extra Finance revolutionizes leveraged yield farming and lending within the Optimism network. Allowing users to craft their own farming strategies or earn interests by participating in lending pools, it offers a dynamic protocol for cryptocurrency enthusiasts. Initially rolled out on March 23, 2023, on its testnet, Extra Finance officially launched on the mainnet by May 9, 2023, marking its entry into the digital finance landscape.
What is an Extra Finance wallet?
An Extra Finance wallet is crucial for safeguarding private keys essential for managing your Extra Finance (EXTRA) accounts. While these wallets don’t directly store your coins—they stay secure on the blockchain—they are necessary tools for generating and retaining these keys, thus streamlining your access to Extra Finance. In essence, an Extra Finance wallet enables the storing, sending, receiving, and overall management of EXTRA tokens.
How does an Extra Finance wallet work?
The operations of an Extra Finance wallet hinge on a dual key system—public and private. Your funds' security relies on the confidentiality of the private key, which you need to access your Extra Finance account, while the public key is available for sharing to receive tokens. To authorize transactions, possession of the private key is non-negotiable. Tangem Wallet simplifies this by creating and securing your private keys within its hardware structure, offering a reliable form of management.
What are the types of Extra Finance wallets?
Exchange Extra Finance Wallets:
Platforms like Coinbase, Binance, and Kraken facilitate Extra Finance exchanges through centralized wallets that incorporate traditional payment methods. Yet, they also come with potential risks such as account or access issues.Software Extra Finance Wallets:
These wallets, installed on your various devices, are an option for managing your EXTRA keys and funds. Although convenient, they do carry exposure to malware and cyber threats and span across mobiles, desktops, and browsers.Mobile Extra Finance Wallets:
These apps are specifically geared for managing EXTRA tokens on smartphones.Desktop Extra Finance Wallets:
Positioned within computers, these wallets secure your private keys directly on hard drives or SSDs.Hardware Extra Finance Wallets:
Offering an offline storage alternative, hardware wallets such as Tangem shield your keys from online vulnerability.
How to Choose the Best Extra Finance Wallet
Selecting the perfect wallet depends chiefly on your specific needs, with a focus on simplicity, reliability, durability, and security. For protecting sizable amounts of cryptocurrency or shielding against online dangers, a hardware wallet like Tangem is strongly recommended.
Extra Finance EXTRA
Tangem supports other cryptocurrencies
Reliability and convenience at your fingertips. Manage thousands of cryptocurrencies with peace of mind anywhere and anytime
See all supported cryptosExtra Finance FAQ
- You can buy Extra Finance 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 Extra Finance, 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 Extra Finance 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 Extra Finance, install the Tangem app, follow the instructions to set up a cold wallet, and generate a unique address for storing your cryptocurrency.
- Extra Finance isa leveraged yield farming (LYF) protocol built within the Superchain ecosystem. Extra Finance enables users to farm diverse farming pools with customized farming strategies.
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