Savings xDAI wallet
The most secure hardware wallet for your Savings xDAI
Guard your Savings xDAI with Tangem's trusted hardware. Join our large community of satisfied users now!
How to secure your Savings xDAI with Tangem?
When you buy or hold Savings xDAI 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 Savings xDAI 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 Savings xDAI 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 Savings xDAI (SDAI)?
Savings xDAI, abbreviated as SDAI, is a digital asset that leverages the xDAI blockchain. Like its counterpart xDAI, it provides a reliable and stable transaction medium. However, SDAI takes a step further by rewarding users with interest on their holdings, standing out in the crowded crypto marketplace.
What is an SDAI wallet?
An SDAI wallet is essential for managing your Savings xDAI holdings. While it doesn't store the currency itself, it does secure the private keys necessary for operating your SDAI accounts on the blockchain. The wallet’s role is to generate and safeguard these keys, providing you with the tools to send, receive, and oversee your SDAI tokens effectively.
How does an SDAI wallet work?
SDAI wallets function using a combination of public and private cryptographic keys to manage interactions with the blockchain. The private key is crucial for accessing your SDAI funds and must be kept confidential, whereas the public key is used for receiving funds. To transact, the corresponding private key is required. At Tangem, private keys are securely created and stored within specialized hardware.
What are the types of SDAI wallets?
Exchange SDAI Wallets:
Platforms like Coinbase, Binance, and Kraken offer centralized custodial wallets, enabling SDAI purchases with traditional currency. These may, however, involve certain risks like restricted access.Software SDAI Wallets:
These wallets, installed on electronic devices, manage your private keys and SDAI. They are user-friendly but susceptible to cybersecurity threats. Categories include mobile, desktop, and browser wallets.Mobile SDAI Wallets:
Smartphone applications that offer convenient management of SDAI.Desktop SDAI Wallets:
Computer-installed wallets that keep private keys on a hard drive or SSD.Hardware SDAI Wallets:
Tangem offers a robust offline storage solution against online threats, ideal for SDAI management.
How to Choose the Best SDAI Wallet
Selecting the ideal wallet depends on individual preferences concerning ease of use, security, and functionality. Hardware wallets, like Tangem, are highly recommended for securely harbored SDAI holdings, offering a blend of reliability and protection against digital threats.
Savings xDAI SDAI
Tangem supports other cryptocurrencies
Reliability and convenience at your fingertips. Manage thousands of cryptocurrencies with peace of mind anywhere and anytime
See all supported cryptosSavings xDAI FAQ
- You can buy Savings xDAI 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 Savings xDAI, 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 Savings xDAI 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 Savings xDAI, 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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