xMoney wallet
The most secure hardware wallet for your xMoney
Preserve your xMoney with the trusted Tangem wallet. Join a large community enjoying peace of mind.
How to secure your xMoney with Tangem?
When you buy or hold xMoney 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 xMoney 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 xMoney 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 xMoney (UTK)?
xMoney, initially known as Utrust, is a dynamic platform aimed at enhancing the way businesses handle payments, be it through cryptocurrencies or traditional fiat money. This transformation came about following its acquisition by the Elrond Foundation, signaling a new era for its operations and branding.
What is an xMoney wallet?
An xMoney wallet acts as a repository for your private keys, empowering you to control your xMoney address effectively. While the wallet doesn’t actually store xMoney itself—since your holdings are recorded on the blockchain—it serves the vital function of generating and keeping your private keys safe. These keys are essential for accessing and managing your xMoney accounts. Essentially, an xMoney wallet is a tool for storing, sending, receiving, and overseeing your xMoney assets.
How does an xMoney wallet work?
An xMoney wallet harnesses pairs of public and private keys to oversee blockchain accounts. The private key is crucial for securing access to an individual xMoney account and must be kept secret. On the other hand, the public key can be shared to facilitate receiving xMoney. Accessing funds requires the corresponding private key, with Tangem Wallet creating and safeguarding these keys within its secure chip.
What are the types of xMoney wallets?
Exchange xMoney Wallets:
Wallets provided by centralized exchanges like Coinbase or Binance, allowing for the purchase of xMoney using traditional currency. These custodial wallets come with the risk of potential withdrawal of account access.Software xMoney Wallets:
Installed on personal devices, these wallets manage private keys and xMoney, simplifying use but exposing them to threats like malware and online attacks. Includes variants like mobile, desktop, and browser wallets.Mobile xMoney Wallets:
Smartphone applications that facilitate xMoney management, providing convenience and portability.Desktop xMoney Wallets:
These are installed directly onto computers, with private keys stored on hard drives or SSDs, enhancing security in a controlled environment.Hardware xMoney Wallets:
Secure offline storage solutions, such as Tangem, protect your xMoney from online security threats, ideal for those wanting to store larger amounts safely.
How to Choose the Best xMoney Wallet
Selecting the right xMoney wallet relies on understanding your own requirements, ensuring factors like simplicity, dependability, durability, and security are met. For safeguarding against digital threats and ensuring optimal preservation of large holdings, a hardware wallet like Tangem comes highly recommended.
xMoney UTK
Tangem supports other cryptocurrencies
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See all supported cryptosxMoney FAQ
- You can buy xMoney 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 xMoney, 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 xMoney 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 xMoney, 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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