pTokens BTC [OLD] wallet
The most secure hardware wallet for your pTokens BTC [OLD]
Explore the safest pTokens BTC [OLD] storage. Join thousands using Tangem hardware wallets.
How to secure your pTokens BTC [OLD] with Tangem?
When you buy or hold pTokens BTC [OLD] 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 pTokens BTC [OLD] 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 pTokens BTC [OLD] 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.
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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 pTokens BTC [OLD] (PBTC)?
pTokens BTC, abbreviated as PBTC, is a wrapped Bitcoin token developed by the pNetwork. It aims to integrate Bitcoin's liquidity into the Ethereum network, thus allowing it to be utilized within the decentralized finance (DeFi) landscape. Distinct from other wrapped Bitcoin options such as wBTC and HBTC, which centralize the Bitcoin backing them, PBTC's Bitcoin is safeguarded via smart contracts. This innovative model offers users a more decentralized path for utilizing Bitcoin on Ethereum.
What is a PBTC wallet?
A PBTC wallet is a tool for managing your PBTC on the Ethereum network. While the cryptocurrency itself resides on the blockchain, the wallet performs the crucial function of storing and handling the private keys associated with your PBTC address. This enables you to send, receive, and manage PBTC easily and efficiently.
How does a PBTC wallet work?
PBTC wallets utilize public and private key systems to control access to blockchain accounts. The public key can be freely shared to receive PBTC, yet the private key remains confidential to grant exclusive access to the tokens. The Tangem Wallet is specially designed to generate and preserve these private keys within its secure chip.
What are the types of PBTC wallets?
Exchange PBTC Wallets: Facilitated through centralized exchanges such as Coinbase or Binance, these custodial wallets allow purchases with fiat, though they present risks like potential access revocation.
Software PBTC Wallets: These are applications that reside on your device, providing private key management and PBTC transactions. They are user-friendly but susceptible to malware attacks. This category includes mobile, desktop, and browser wallet applications.
Mobile PBTC Wallets: Tailored apps that offer the convenience of managing PBTC from your smartphone.
Desktop PBTC Wallets: Programs installed on personal computers, which store private keys on local hard drives or SSDs.
Hardware PBTC Wallets: Devices like Tangem that offer offline protection to safeguard private keys from online security threats.
How to Choose the Best PBTC Wallet
Choosing the right PBTC wallet depends on your specific requirements, with factors such as ease of use, reliability, security, and portability in mind. For optimum security—especially for substantial holdings—a hardware wallet like Tangem is most recommended to preclude digital threats.
pTokens BTC [OLD] PBTC
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See all supported cryptospTokens BTC [OLD] FAQ
- You can buy pTokens BTC [OLD] 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 pTokens BTC [OLD], 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 pTokens BTC [OLD] 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 pTokens BTC [OLD], install the Tangem app, follow the instructions to set up a cold wallet, and generate a unique address for storing your cryptocurrency.
- pBTC isa wrapped Bitcoin launched by pNetwork. Unlike wBTC and HBTC, where the BTC backing the tokens are custodied under a centralized entity, the BTC backing pBTC is custodied under a smart contract, making it a more decentralized option.
- Ethereum. Ethereum is the second-largest cryptocurrency network by market capitalization after Bitcoin. The Ethereum blockchain is more versatile than Bitcoin, serving as a “world computer” of sorts. It supports decentralized programs called smart contracts that let anyone spin up new tokens and run applications.
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