Threshold Network wallet
The most secure hardware wallet for your Threshold Network
Choose Tangem Wallet for your Threshold Network and join thousands who prioritize secure and self-custodial storage.
How to secure your Threshold Network with Tangem?
When you buy or hold Threshold Network 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 Threshold Network 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 Threshold Network 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 Threshold Network (T)?
Threshold Network is a collaborative project born from the fusion of NuCypher and Keep networks. Its mission is to deliver comprehensive threshold cryptography solutions in a decentralized format to the web3 ecosystem. The primary goal is to expand the practicality and user-friendliness of digital assets via cryptographic methods.
What is a Threshold Network (T) wallet?
A Threshold Network wallet stores the private keys that give you the authority to manage your Threshold Network address. While it doesn’t physically store the cryptocurrency, as these reside on the blockchain, the wallet is integral for creating and storing private keys that grant access to your Threshold Network accounts. Ultimately, a Threshold Network wallet is your tool for storing, sending, receiving, and organizing your Threshold Tokens.
How does a Threshold Network (T) wallet work?
Threshold Network wallets operate using public and private key pairings to manage blockchain accounts. Secure access to a particular Threshold Network account is safeguarded by the private key, which must remain confidential. On the other hand, the public key can be shared to receive Threshold Tokens. Accessing funds demands the corresponding private key. Tangem Wallet is designed to generate and securely store these private keys within its chip.
What are the types of Threshold Network (T) wallets?
Exchange Threshold Network Wallets:
Centralized platforms like Coinbase provide opportunities to buy Threshold Tokens using fiat currencies and custodial wallets. Risks include potential loss of access to your account.Software Threshold Network Wallets:
These wallets are applications on devices that handle your private keys and Threshold Tokens. They are user-friendly but at risk of malware and cyber threats. Types include mobile, desktop, and browser-based wallets.Mobile Threshold Network Wallets:
Applications designed for managing Threshold Tokens on mobile phones.Desktop Threshold Network Wallets:
Software installed on computers, storing private keys on internal drives.Hardware Threshold Network Wallets:
Provides offline storage solutions, such as Tangem, safeguarding your assets from online hazards.
How to Choose the Best Threshold Network (T) Wallet
Selecting the right wallet depends on personal preferences, focusing on ease of use, dependability, robustness, and security. For optimal protection against online threats and secure storage of significant amounts, a hardware wallet like Tangem is advisable.
Threshold Network T
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See all supported cryptosThreshold Network FAQ
- You can buy Threshold Network 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 Threshold Network, 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 Threshold Network 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 Threshold Network, install the Tangem app, follow the instructions to set up a cold wallet, and generate a unique address for storing your cryptocurrency.
- The T token serves dual purposes: it isa utility token for the Threshold Network and a governance token for the Threshold DAO. The T token is primarily used to stake a node, with node operators being compensated with fees from applications that rely on the Threshold network's cryptographic primitives.
- Thresholdutilizes threshold cryptography, where sensitive operations are distributed among multiple independent entities. For an operation to be successful, a minimum number of entities need to collaborate. This increases the security and availability of an information system.
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