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PHUNK Vault (NFTX) wallet

The most secure hardware wallet for your PHUNK Vault (NFTX)

Keep your PHUNK Vault (NFTX) secure with our trusted Tangem Wallet. Join a community prioritizing self-custodial safety!

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How to secure your PHUNK Vault (NFTX) with Tangem?

When you buy or hold PHUNK Vault (NFTX) in Tangem, it secures your private keys in many ways:

How to get a PHUNK Vault (NFTX) 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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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.

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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 PHUNK Vault (NFTX) wallet with Tangem.

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No registration and KYC required to use the app. We don't track your data.

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Your private keys are encrypted and never leave your device. Only you have control over your funds.

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Choose from a variety of elegant designs, including unique co-branded editions and our innovative ring-form factor wallet, ensuring both style and functionality.

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What is PHUNK Vault (PHUNK)?

PHUNK Vault is an ERC-20 token that is integral to the NFTX platform. This innovative platform is designed to enhance liquidity for Non-Fungible Tokens (NFTs), which traditionally suffer from a lack of liquidity.

What is a PHUNK wallet?

A PHUNK wallet is a tool for managing the private keys associated with your PHUNK addresses. While it doesn’t store your PHUNK tokens directly, it secures the private keys necessary to access and control your PHUNK holdings on the blockchain. The wallet’s primary role is to create and manage these keys, allowing you to efficiently send, receive, and control your PHUNK tokens.

How does a PHUNK wallet work?

PHUNK wallets utilize a set of public and private keys for managing blockchain transactions. The private key is crucial as it permits access to your PHUNK account, whereas the public key is used for receiving PHUNK tokens. To initiate a transaction, the corresponding private key is essential. Tangem Wallet is equipped to generate and securely store your private keys within its chip, adding a layer of security to your digital assets.

What are the types of PHUNK wallets?

  • Exchange PHUNK Wallets:
    These are custodial wallets provided by centralized exchanges such as Coinbase, Binance, and Kraken, allowing users to buy PHUNK with fiat currencies. The downside is the risk of restricted access by the exchange.

  • Software PHUNK Wallets:
    These involve installing wallet apps on your devices, making private key management simple but susceptible to online threats like malware. They are available as mobile, desktop, and browser-based wallets.

  • Mobile PHUNK Wallets:
    Specifically designed applications that facilitate the management of PHUNK on smartphones.

  • Desktop PHUNK Wallets:
    Installed on personal computers, these wallets store private keys on local hard drives or SSDs.

  • Hardware PHUNK Wallets:
    Offer offline storage solutions that protect against online security threats. Tangem is one such example that provides high security through its offline capabilities.

How to Choose the Best PHUNK Wallet

Selecting the ideal wallet depends on personal preferences, balancing simplicity, dependability, durability, and security. For safeguarded online threat protection and secure large volume storage, a hardware wallet such as Tangem is highly recommended.

PHUNK Vault (NFTX) PHUNK
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PHUNK Vault (NFTX) FAQ

  • You can buy PHUNK Vault (NFTX) 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 PHUNK Vault (NFTX), 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 PHUNK Vault (NFTX) 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 PHUNK Vault (NFTX), install the Tangem app, follow the instructions to set up a cold wallet, and generate a unique address for storing your cryptocurrency.
  • What is a vault?A vault can receive cryptocurrency like a normal asset balance in your account, but it can also prevent stored crypto from being immediately withdrawn by adding optional security steps.
  • You can refer toCoinmarketcap.com's Markets sectionto find the list of centralized exchange the coin is listed on. Another option to buy the Vault Tech is through a decentralized exchange (DEX) which supports the blockchain where your Vault Tech resides.
  • Vault Tech representsan innovative approach within the cryptocurrency ecosystem, functioning as a Telegram-based escrow bot. This platform leverages AI oracles to facilitate a broad spectrum of services that cater to the needs of the crypto community.
  • Navigate to the vault you want to withdraw from and click Withdraw. Enter the recipient address into the address field and click Next. Choose the amount of bitcoin you wish to send and the fee rate. Select the two keys you want to provide the signature.
  • An NFT Vault isa digital storage solution designed specifically for non-fungible tokens (NFTs). It provides a secure way for owners to store, manage, and sometimes trade their NFTs. These vaults often use smart contracts, enabling features like fractional ownership, lending, or collateralization.

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