Fantom wallet
The most secure hardware wallet for your Fantom
Tangem Wallet: The self-custodial cold wallet for storing your Fantom securely like thousands of others!
How to secure your Fantom with Tangem?
When you buy or hold Fantom 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 Fantom 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 Fantom 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 Fantom (FTM)?
Fantom stands out as a revolutionary approach to blockchain technology, designed to overcome the scalability issues that many current distributed ledger systems face. By departing from the traditional block ledger model, Fantom employs an advanced Directed Acyclic Graph (DAG) protocol, known as the 'Lachesis Protocol,' which is central to its operations on the Fantom OPERA chain. This innovation ensures rapid transactions and keeps fees to a minimum, significantly boosting efficiency for decentralized applications.
What is a Fantom wallet?
A Fantom wallet is a digital tool that safely secures your private keys, allowing you to manage your Fantom addresses on the blockchain. While it does not store the Fantom tokens themselves, it facilitates the interaction with the blockchain where these tokens exist. By creating, storing, and managing your private keys, a Fantom wallet empowers you to send, receive, and oversee your FTM holdings.
How does a Fantom wallet work?
Using the principles of public and private keys, a Fantom wallet governs access to blockchain accounts. Your private key is confidential and necessary for operating a Fantom account, while the public key is shared for receiving funds. Transferring FTM from your wallet requires the private key corresponding to your account. Tangem Wallet ensures secure storage of these keys within its chip, enhancing security.
What are the types of Fantom wallets?
Exchange Fantom Wallets:
Centralized platforms like Binance or Coinbase offer services to buy FTM using your fiat currency but come with the disadvantage of having limited control over your assets due to their custodial nature.Software Fantom Wallets:
These are installed on your devices such as phones or computers, providing easy access and management of private keys and FTM. However, they're susceptible to malware attacks. Categories include:Mobile Fantom Wallets: Manage FTM directly from your smartphone.
Desktop Fantom Wallets: Provides a platform to store private keys by saving them on hardware drives.
Hardware Fantom Wallets:
They remain offline, offering superior protection against online threats, and are ideal for long-term storage of substantial amounts of FTM. Tangem is a perfect example of this.
How to Choose the Best Fantom Wallet
Your optimal wallet choice aligns with your personal requirements, focusing on ease of use, trustworthiness, robustness, and security. For those prioritizing security and intending to store FTM in large quantities securely, a hardware wallet like Tangem stands out as an excellent choice.
Fantom FTM
Tangem supports other cryptocurrencies
Reliability and convenience at your fingertips. Manage thousands of cryptocurrencies with peace of mind anywhere and anytime
See all supported cryptosFantom FAQ
- You can buy Fantom 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 Fantom, 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 Fantom 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 Fantom, install the Tangem app, follow the instructions to set up a cold wallet, and generate a unique address for storing your cryptocurrency.
- Conclusion Fantom is a fast, inexpensive, secure, and well-developed chain and ecosystem. Fantom also has a wide array of DeFi protocols for the risk-on investors and easy validation staking for the risk-off. They're attracting more and more users. They process more transactions than Ethereum on the reg.
- Ethereum, as the pioneer, offers a vast ecosystem and continues to evolve with the Ethereum 2.0 upgrade.Fantom differentiates itself with high-speed transactions, energy efficiency, and low fees. Polygon enhances Ethereum's scalability through Layer 2 solutions, enabling faster and cheaper transactions.
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