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Hermez Network wallet

The most secure hardware wallet for your Hermez Network

Transform your Hermez Network strategy with Tangem. Join thousands finding success and security in cold storage.

Get Hermez Network wallet
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How to secure your Hermez Network with Tangem?

When you buy or hold Hermez Network in Tangem, it secures your private keys in many ways:

How to get a Hermez Network 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.

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Firstly

Get the Tangem Wallet.

Take control of your assets with just one tap. It's perfect for anyone new to crypto and offers a great experience for more experienced users too.

Then

Sync Tangem Wallet with our App.

During the activation process, the card’s embedded chip generates a random private key, ensuring that the wallet cannot be compromised.

Finally

Discover the power of crypto.

Manage crypto with balance tracking, secure transactions, and direct purchases or swaps through Tangem Wallet.

Why choose Hermez Network 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 Hermez Network (HEZ)?

The Hermez Network, also recognized by its ticker HEZ, is an open-source ZK-Rollup solution optimized for the Ethereum blockchain. It focuses on facilitating cost-effective and efficient cryptocurrency transfers, with the broader objective of improving access to financial services.

What is a Hermez Network wallet?

A Hermez Network wallet is a tool designed for safeguarding your private keys connected to your Hermez Network address. These wallets don’t physically contain Hermez Network tokens; rather, your holdings are stored within the blockchain itself. The primary function of a Hermez Network wallet is to generate and manage these private keys, offering you the ability to handle your Hermez Network transactions seamlessly. Essentially, it’s necessary for sending, receiving, and administrating your Hermez Network assets.

How does a Hermez Network wallet work?

Hermez Network wallets utilize pairs of public and private keys to manage your blockchain accounts. The private key ensures exclusive access to your Hermez Network account, requiring strict confidentiality, while the public key facilitates receiving Hermez Network tokens. In order to authorize a transaction, you will need the relevant private key. Tangem Wallets specialize in producing and securing these private keys within their sophisticated chip technology.

What are the types of Hermez Network wallets?

  • Exchange Hermez Network Wallets:
    Run by centralized exchanges like Binance or Coinbase, these custodial wallets allow you to acquire Hermez Network with fiat currency, though they pose some risks such as potential restrictions on account access.

  • Software Hermez Network Wallets:
    These wallets, installed on various devices, facilitate key management along with Hermez Network tokens. While user-friendly, they are susceptible to online threats like malware. They include mobile, desktop, and browser-based versions.

  • Mobile Hermez Network Wallets:
    Dedicated applications that enable Hermez Network transactions directly from your smartphone.

  • Desktop Hermez Network Wallets:
    Programs installed on PCs, holding private keys on local disks like HDDs or SSDs.

  • Hardware Hermez Network Wallets:
    These wallets, including solutions like Tangem, provide offline storage and superior protection against digital threats.

How to Choose the Best Hermez Network Wallet

Selecting the ideal wallet is a personal choice, balancing ease of use, security, and durability. For secure holdings of substantial Hermez Network amounts, hardware wallets like Tangem Wallets are recommended due to their ability to protect against online vulnerabilities.

Hermez Network HEZ
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Hermez Network FAQ

  • You can buy Hermez Network 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 Hermez Network, 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 Hermez Network 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 Hermez Network, install the Tangem app, follow the instructions to set up a cold wallet, and generate a unique address for storing your cryptocurrency.
  • Polygon Hermez isan open-source ZK-Rollup optimised for secure, low-cost and usable token transfers on the wings of Ethereum. Create account. Quick overview of how Polygon Hermez works.
  • Polygon Hermez isan open-source ZK-Rollup optimised for secure, low-cost and usable token transfers on the wings of Ethereum.
  • Hermes —cryptographic framework for building multi-user end-to-end encrypted data storage and sharing/processing with zero leakage risks from storage and transport infrastructure(so called end-to-end encrypted zero knowledge architectures).
  • Thanks to better scalability, transactions in the Polygon network are significantly faster and cheaper than in the Ethereum network. This is one of the main reasons why many applications, especially those running on the Ethereum network, are currently being migrated to Polygon's network.
  • For investors,Polygon's growth looks promising but isn't risk-free. Its success hinges on continued adoption and Ethereum staying on top. While Polygon is popular in DeFi and NFTs for its efficiency, rising competition from other layer-2 solutions and blockchains could affect its market standing.

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