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Yield Protocol wallet

The most secure hardware wallet for your Yield Protocol

Join the Tangem family! Protect your Yield Protocol like thousands of satisfied users with our top-notch hardware wallet.

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How to secure your Yield Protocol with Tangem?

When you buy or hold Yield Protocol in Tangem, it secures your private keys in many ways:

How to get a Yield Protocol 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.

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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 Yield Protocol 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 Yield Protocol (YIELD)?

Yield Protocol (YIELD) is a cutting-edge, open-source platform designed for yield farming and cryptocurrency derivatives trading. It seamlessly integrates with renowned blockchain networks such as Ethereum, Binance Smart Chain, and Polygon, providing a versatile financial landscape for users.

What is a Yield Protocol wallet?

A Yield Protocol wallet is a tool designed to store private keys, allowing users to operate their YIELD address efficiently. It doesn’t physically hold YIELD; instead, it serves as a gateway to access, manage, and utilize your YIELD funds on the blockchain. Essentially, it's the hub for sending, receiving, and administrating your Yield Protocol activities.

How does a Yield Protocol wallet work?

Yield Protocol wallets employ a dual key system—comprising a public and a private key—to manage your blockchain accounts. The public key can be publicly shared for receiving YIELD, while the private key must be kept confidential to ensure account security and enable fund access. Tangem Wallet securely generates and houses these private keys in its chips, ensuring a trustworthy environment.

What are the types of Yield Protocol wallets?

  • Exchange Yield Protocol Wallets:
    Popular centralized exchange platforms like Binance and Kraken allow for YIELD transactions through custodial wallets, although they involve potential access risks since the exchange controls the wallet.

  • Software Yield Protocol Wallets:
    These wallets can be installed on your devices, helping you manage YIELD keys physically stored on your gadget. Though convenient, they're susceptible to digital threats such as malware.

  • Mobile Yield Protocol Wallets:
    These applications run on smartphones, giving users a convenient way to handle their YIELD transactions on the go.

  • Desktop Yield Protocol Wallets:
    These store your YIELD keys on your computer’s hard drive or SSD, delivering a familiar and accessible management approach.

  • Hardware Yield Protocol Wallets:
    Offline devices like Tangem offer robust protection against internet-based vulnerabilities, ideal for those seeking unrivaled security for their digital assets.

How to Choose the Best Yield Protocol Wallet

Selecting the perfect wallet should align with your personal preferences, focusing on user-friendliness, security, and resilience. If ensuring the highest level of security for sizable YIELD holdings is your goal, opting for a hardware wallet like Tangem is advised for its impeccable protection against online threats.

Yield Protocol YIELD
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Tangem supports other cryptocurrencies

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Yield Protocol FAQ

  • You can buy Yield Protocol 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 Yield Protocol, 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 Yield Protocol 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 Yield Protocol, install the Tangem app, follow the instructions to set up a cold wallet, and generate a unique address for storing your cryptocurrency.
  • Yield farming projectsallow users to lock their cryptocurrency tokens for a set period to earn rewards for their tokens. Yield farms use smart contracts to lock tokens and pay interest with rates from a few percentage points to triple-digits. In many cases, the locked tokens are lent out to other users.
  • The best way to earn a yield on bitcoin is byusing a Bitcoin DeFi platform, such as Sovryn, where you can engage in bitcoin lending or liquidity provision to earn yield on your bitcoin holdings.
  • About Yield Protocol. Yield Protocol isan open source platform allowing anybody to create and execute yield farming & trading strategies on the Ethereum Defi ecosystem. Yield Protocol is designed to minimize smart contract risk by simplifying the abilities of each contract.
  • A user stakes their cryptocurrency in a staking protocol thatsupports liquid staking. In return, the protocol mints a corresponding amount of liquid staking tokens. The rate at which these tokens are minted usually mirrors the value of the staked assets.

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