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Possum wallet

The most secure hardware wallet for your Possum

Join a massive network trusting Tangem to guard their Possum. Cold storage security you can rely on daily.

Get Possum wallet
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How to secure your Possum with Tangem?

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

How to get a Possum 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 Tangem
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 Possum 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 Possum (PSM)?

Possum is an innovative initiative by Possum Labs, focusing on the future of financial solutions by promoting fairness, transparency, and collaboration. Inspired by the notion of 'positive sum' benefits, the project aims to deliver advantages to all its users without disadvantaging anyone.

What is a Possum wallet?

A Possum wallet is a digital tool that stores your private keys, allowing you to manage your Possum (PSM) holdings on the blockchain. It doesn’t physically store the cryptocurrency; instead, it gives you access to your PSM address and lets you send, receive, and manage your Possum assets securely on the blockchain.

How does a Possum wallet work?

Possum wallets function through a pair of public and private keys to control blockchain transactions. Your public key receives PSM, while the private key, which you must keep confidential, grants the access needed to spend your coins. Possum wallets, like those powered by Tangem, generate and store the private keys securely within their technology.

What are the types of Possum wallets?

  • Exchange Possum Wallets: Centralized platforms like Coinbase, Binance, and Kraken facilitate trading with custodial wallets. However, they carry risks including potential access restrictions.

  • Software Possum Wallets:
    These are applications you install on your device to manage private keys. They are convenient but can be susceptible to malware and cybersecurity threats. They include mobile, desktop, and browser wallet varieties.

  • Mobile Possum Wallets: Smartphone applications that allow users to manage their PSM on the go.

  • Desktop Possum Wallets: Installed directly on your computer, these store your private keys locally.

  • Hardware Possum Wallets: These are offline devices that provide an extra layer of security against online risks, favored by Tangem for its safety features.

How to Choose the Best Possum Wallet

The choice of a Possum wallet hinges on your specific requirements, such as ease of use, reliability, and security. If maximum security for large holdings is your priority, opting for a hardware wallet like Tangem is advisable to mitigate online risks while ensuring peace of mind.

Possum PSM
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Learn more about Possum

Tangem supports other cryptocurrencies

Reliability and convenience at your fingertips. Manage thousands of cryptocurrencies with peace of mind anywhere and anytime

See all supported cryptos

Possum FAQ

  • You can buy Possum 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 Possum, 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 Possum 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 Possum, install the Tangem app, follow the instructions to set up a cold wallet, and generate a unique address for storing your cryptocurrency.

Tangem Wallet

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Sleek black exterior, bold blue interior – holds up to 4 cards.

Cardholder Size: 10x7.5x1cm
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