LUKSO wallet
The most secure hardware wallet for your LUKSO
Protect and manage your LUKSO with Tangem. Join an ever-growing community valuing top-notch security.
How to secure your LUKSO with Tangem?
When you buy or hold LUKSO 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 LUKSO 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 LUKSO wallet with Tangem.
What is LUKSO (LYX)?
LUKSO is a pioneering layer-1 blockchain leveraging the Ethereum Virtual Machine (EVM) specifically tailored for social, cultural, and creative communities. It acts as a cornerstone for unifying digital interactions through a smart profile system, creating an open and unrestricted arena for decentralized applications to flourish. The goal of LUKSO is to lead the charge in revolutionizing online presence management, paving the way for novel connections and collaborative endeavors in the evolving digital age.
What is a LUKSO wallet?
A LUKSO wallet is essential for safeguarding your private keys, thereby allowing control over your LUKSO cryptocurrency address. The LUKSO itself isn't stored in the wallet; it remains on the blockchain. The wallet's main function is to generate and store these private keys, providing you access to manage your LUKSO accounts. In short, a LUKSO wallet is a tool designed for the secure handling, transaction, and management of LUKSO.
How does a LUKSO wallet work?
LUKSO wallets utilize a system of paired public and private keys to oversee blockchain interactions. The private key is crucial for unauthorized access prevention to a LUKSO account, while the public key can be safely shared for receiving LUKSO. Accessing funds necessitates the relevant private key. The Tangem Wallet generates and maintains these private keys within its secure chip.
What are the types of LUKSO wallets?
Exchange LUKSO Wallets:
These are custodial wallets provided by centralized platforms such as Coinbase, Binance, and Kraken, enabling LUKSO purchase through conventional fiat currencies. There are risks involved, like potential restriction of account access.Software LUKSO Wallets:
Applications installed on devices, managing private keys and LUKSO transactions. While easy to use, they may be susceptible to malware and online threats, including mobile, desktop, and browser variants.Mobile LUKSO Wallets:
Smartphone apps designed for convenient LUKSO management.Desktop LUKSO Wallets:
Applications hosted on computers, storing private keys on local drive systems.Hardware LUKSO Wallets:
Offline devices like Tangem, offering robust protection against varied online vulnerabilities.
How to Choose the Best LUKSO Wallet
Choosing the right wallet depends greatly on personal preferences, emphasizing simplicity, reliability, and security. For comprehensive protection against digital threats and secure storage of significant holdings, a hardware wallet such as Tangem is advisable.
Tangem supports other cryptocurrencies
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See all supported cryptosLUKSO FAQ
- You can buy LUKSO 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 LUKSO, 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 LUKSO 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 LUKSO, install the Tangem app, follow the instructions to set up a cold wallet, and generate a unique address for storing your cryptocurrency.
- LUKSO (LYX) isa layer 1 blockchain and cryptocurrency designed to revolutionize the creative economy, particularly in the fashion and lifestyle industries. It aims to provide a platform for creators, designers, and brands to tokenize their intellectual property, digital assets, and products.
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