Lido Staked SOL wallet
The most secure hardware wallet for your Lido Staked SOL
Protect and manage your Lido Staked SOL with Tangem. Join an ever-growing community valuing top-notch security.
How to secure your Lido Staked SOL with Tangem?
When you buy or hold Lido Staked SOL 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 Lido Staked SOL 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 Lido Staked SOL 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 Lido Staked SOL (STSOL)?
Lido Staked SOL, abbreviated as STSOL, is part of a liquid staking protocol adapted for the Solana blockchain. Governed by the Lido-DAO, it facilitates users in staking their SOL tokens through Lido, which then provides them with stSOL—on-chain tokens that symbolize their staked assets. This setup enables holders of Solana tokens to retain liquidity in their staked investments, allowing these assets to be traded or even employed as collateral in diverse DeFi solutions.
What is a Lido Staked SOL wallet?
A Lido Staked SOL wallet serves as a secure storage solution for private keys, enabling the administration of your Lido Staked SOL address. The wallet itself does not store STSOL; rather, this digital currency resides on the blockchain. The primary function of the wallet is to generate and store the private keys, thereby granting you access to your Lido Staked SOL accounts. Essentially, it's a tool for storing, sending, receiving, and managing Lido Staked SOL.
How does a Lido Staked SOL wallet work?
Lido Staked SOL wallets operate using pairs of public and private keys to manage blockchain accounts. While the private key must remain confidential to access a specific Lido Staked SOL account, the public key can be shared for receiving STSOL. To withdraw your funds, you must provide the corresponding private key. Tangem Wallets generate and safely store these private keys within their hardware chip.
What are the types of Lido Staked SOL wallets?
Exchange Lido Staked SOL Wallets:
Centralized platforms like Coinbase or Binance offer buying services using traditional currencies via custodial wallets. This method could entail risks, such as the possibility of losing account access.Software Lido Staked SOL Wallets:
Installed directly on devices, these wallets let you manage private keys and STSOL. Despite their user-friendly nature, they are susceptible to malware and cyber threats. Options include mobile, desktop, and browser wallets.Mobile Lido Staked SOL Wallets:
Smartphone applications that enable on-the-go management of Lido Staked SOL.Desktop Lido Staked SOL Wallets:
Installed on personal computers, typically storing private keys on physical drives.Hardware Lido Staked SOL Wallets:
Devices like Tangem offer offline storage, delivering robust protection against online attacks.
How to Choose the Best Lido Staked SOL Wallet
Selecting a wallet that meets your personal requirements is vital, considering aspects like simplicity, trustworthiness, and security. To get optimal protection from cyber threats and securely store sizeable STSOL amounts, a hardware wallet such as Tangem is ideal.
Lido Staked SOL STSOL
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See all supported cryptosLido Staked SOL FAQ
- You can buy Lido Staked SOL 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 Lido Staked SOL, 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 Lido Staked SOL 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 Lido Staked SOL, install the Tangem app, follow the instructions to set up a cold wallet, and generate a unique address for storing your cryptocurrency.
- Multi-Chain Support: Lido supports staking on multiple blockchains, includingEthereum, Terra, Solana, Polygon, Polkadot, and Kusama.
- Lido was co-founded byKasper Rasmussen and Jordan Fish, also known as CryptoCobain. Behind the Lido DAO are a number of individuals and organizations that are well-regarded within the DeFi space.
- The withdrawal process via the Lido dashboard typically takes between1 to 5 days.
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