myDid wallet

The most secure hardware wallet for your myDid

Thinking security? Think Tangem. Join the multitude managing their myDid with trusted hardware brilliance.

Get myDid wallet

How to secure your myDid with Tangem?

When you buy or hold myDid 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 myDid 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 myDid 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 myDid (SYL)?

myDid is a platform offering a flexible wallet solution specifically crafted for Web3 communities. Through myDid, users can establish and manage their Decentralized Identity (DID), facilitating the exchange of Community Badges. Accessible via a mobile app downloadable for free from Google Play or the App Store, myDid enhances users' participation and credentials within the Web3 ecosystem.

What is a myDid wallet?

A myDid wallet acts as a storage tool for private keys necessary for handling your myDid address. It doesn't store myDid tokens but instead, allows you to interact with your identity and credential data on the blockchain. Its main role is to generate and hold private keys, giving you the ability to access and control your myDid accounts. Essentially, a myDid wallet is your gateway to storing, sending, receiving, and managing your digital identity and badges.

How does a myDid wallet work?

myDid wallets operate using pairs of public and private keys to manage blockchain accounts. The private key, which must remain secret, secures access to a specific myDid account; the public key, however, can be shared to engage in community activities or receive badges. Withdrawing or transferring credentials requires the corresponding private key. Tangem Wallet provides a robust solution by generating and safely storing these keys within its secure chip.

What are the types of myDid wallets?

Exchange myDid Wallets:
Centralized platforms, while not typically used for DID management, can still feature integrated identity services, offering custodial wallets with risks such as possible account access restrictions.
Software myDid Wallets:
Installed on digital devices, these wallets enable private key and credential handling for myDid. Although convenient, they can be susceptible to cybersecurity threats. Varieties include mobile, desktop, and browser-based wallets.
Mobile myDid Wallets:
MyDid provides a dedicated mobile app for managing your identity and badges directly from your smartphone.
Desktop myDid Wallets:
These are set up on computers, storing private keys on physical drives, offering a balance of security and ease of use.
Hardware myDid Wallets:
Devices like Tangem offer offline storage, providing the highest level of protection against online attacks.

How to Choose the Best myDid Wallet

Choosing the best wallet depends on your specific needs, with an emphasis on user-friendliness, security, and robust functionality. For superior protection against online risks and to securely manage large amounts of web credentials, opting for a hardware wallet like Tangem is advisable.

Learn more about myDid

Tangem supports other cryptocurrencies

Reliability and convenience at your fingertips. Manage thousands of cryptocurrencies with peace of mind anywhere and anytime

See all supported cryptos

myDid FAQ

You can buy myDid 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 myDid, 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 myDid 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 myDid, 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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myDid wallet

How to secure your myDid with Tangem?