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RAI Finance wallet

The most secure hardware wallet for your RAI Finance

Secure your RAI Finance with Tangem, the wallet of choice for a thriving crypto community.

Get RAI Finance wallet
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How to secure your RAI Finance with Tangem?

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

How to get a RAI Finance 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 RAI Finance 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 RAI Finance (SOFI)?

RAI Finance is a dynamic DeFi protocol designed to broaden the spectrum of assets within the decentralized finance ecosystem. Its goal is to deliver enhanced liquidity and a wider array of financial possibilities. The protocol is crafted to integrate smoothly with the Polkadot ecosystem, facilitating cross-chain interactions and addressing fragmentation in today's DeFi landscape by introducing new assets and boosting overall liquidity.

What is a RAI Finance wallet?

A RAI Finance wallet is a tool for holding private keys that allow management of your RAI Finance (SOFI) address. It's important to understand that the wallet doesn't contain the RAI Finance itself; your cryptocurrency is actually maintained on the blockchain. The RAI Finance wallet's main function is to generate and store these private keys, enabling you to access and handle your RAI Finance accounts. Essentially, a RAI Finance wallet assists in storing, sending, receiving, and managing your SOFI tokens.

How does a RAI Finance wallet work?

RAI Finance wallets utilize public and private key mechanisms to handle blockchain accounts. The private key, crucial for accessing a specific RAI Finance account, should always remain private. Conversely, the public key can be shared to receive RAI Finance. If you intend to withdraw funds, the corresponding private key is necessary. Tangem Wallet is designed to create and securely store these private keys within its chip.

What are the types of RAI Finance wallets?

  • Exchange RAI Finance Wallets:
    Centralized exchanges such as Coinbase, Binance, and Kraken offer the ability to purchase SOFI with traditional fiat, using custodial wallets. This poses risks like potential account lockout.

  • Software RAI Finance Wallets:
    These are applications installed on devices that manage private keys and SOFI. They're user-friendly but often susceptible to malware and cyber threats, including mobile, desktop, and browser variants.

  • Mobile RAI Finance Wallets:
    Apps that facilitate the management of SOFI on smartphones for increased convenience.

  • Desktop RAI Finance Wallets:
    These are installed on computers, storing private keys directly onto hard or solid-state drives.

  • Hardware RAI Finance Wallets:
    Offline solutions like Tangem ensure robust protection against digital threats by keeping your keys and assets securely offline.

How to Choose the Best RAI Finance Wallet

Choosing the right wallet for your needs involves prioritizing features like ease of use, reliability, sturdiness, and top-level security. A hardware wallet, such as Tangem, is ideal for safeguarding substantial amounts and defending against online vulnerabilities.

RAI Finance SOFI
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Tangem supports other cryptocurrencies

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RAI Finance FAQ

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

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