The Everlasting Parachain wallet
The most secure hardware wallet for your The Everlasting Parachain
Unlock ultimate security for your The Everlasting Parachain. Become part of a satisfied Tangem community today!
How to secure your The Everlasting Parachain with Tangem?
When you buy or hold The Everlasting Parachain 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 The Everlasting Parachain 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 The Everlasting Parachain 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 The Everlasting Parachain (ELP)?
The Everlasting Parachain (ELP) is essentially the experimental counterpart to the Cycan Network, much like Kusama (KSM) is to Polkadot (DOT). It is designed to be implemented across several blockchains, including Kusama and Binance Smart Chain (BSC). ELP serves a significant role as a decentralized platform focused on cross-chain asset management, particularly within the NFT space.
What is an ELP wallet?
An ELP wallet is designed to store the private keys necessary for accessing your Everlasting Parachain address. It doesn’t actually hold ELP coins but facilitates interaction with the blockchain where your funds reside. The main function of an ELP wallet is to create and safeguard these private keys, thus allowing you to access, manage, and execute transactions with your ELP assets. In short, an ELP wallet is a handy tool for storing, sending, receiving, and overseeing your ELP holdings.
How does an ELP wallet work?
ELP wallets function by utilizing pairs of public and private keys to oversee blockchain accounts. The private key, essential for accessing a specific ELP account, should be kept secret, while the public key is shared for receiving ELP. To send funds, access to the matching private key is necessary. Tangem Wallet is an example of a wallet that generates and secures private keys within its hardware.
What are the types of ELP wallets?
Exchange ELP Wallets:
Various centralized exchanges like Binance and Kraken facilitate buying ELP with fiat currency via custodial wallets. However, these come with some risks, such as potential restrictions on account access.Software ELP Wallets:
These wallets are installable on digital devices to manage private keys and ELP. While user-friendly, they are susceptible to malware and hacking incidents. This category includes mobile app, desktop software, and browser extensions.Mobile ELP Wallets:
Smartphone applications that allow users to manage their ELP assets.Desktop ELP Wallets:
Programs installed on a computer's storage device to house private keys.Hardware ELP Wallets:
Secure, offline hardware solutions like Tangem Wallets, which offer strong protection against online security threats.
How to Choose the Best ELP Wallet
Selecting the most suitable wallet involves considering factors like ease of use, trustworthiness, longevity, and security. For secure online threat protection and storage of large ELP amounts, a hardware wallet like Tangem would be an optimal choice.
The Everlasting Parachain ELP
Tangem supports other cryptocurrencies
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See all supported cryptosThe Everlasting Parachain FAQ
- You can buy The Everlasting Parachain 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 The Everlasting Parachain, 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 The Everlasting Parachain 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 The Everlasting Parachain, 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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