BENQI Liquid Staked AVAX wallet

The most secure hardware wallet for your BENQI Liquid Staked AVAX

Make the smart choice for your BENQI Liquid Staked AVAX. Trust in Tangem hardware wallet, chosen by thousands for secured self-custody.

Get BENQI Liquid Staked AVAX wallet

How to secure your BENQI Liquid Staked AVAX with Tangem?

When you buy or hold BENQI Liquid Staked AVAX 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 BENQI Liquid Staked AVAX 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 BENQI Liquid Staked AVAX 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 BENQI Liquid Staked AVAX (SAVAX)?

BENQI Liquid Staking is an innovative protocol on the Avalanche network designed to enhance the functionality of AVAX tokens. When users stake AVAX through BENQI, they receive sAVAX, a liquid, interest-bearing variant of AVAX. This allows participants to earn rewards from securing the Avalanche network while simultaneously participating in decentralized finance (DeFi) activities.

What is a BENQI Liquid Staked AVAX wallet?

A BENQI Liquid Staked AVAX wallet is where you store the private keys needed for managing your SAVAX address. The SAVAX tokens themselves live on the blockchain while your wallet keeps the keys safe, helping you handle your SAVAX accounts. Essentially, it's a tool for sending, receiving, and managing SAVAX efficiently.

How does a BENQI Liquid Staked AVAX wallet work?

SAVAX wallets utilize public and private key pairs to handle blockchain accounts. The private key unlocks a specific SAVAX account, so it must remain confidential, while the public key is shared to receive SAVAX. To move funds, one requires access to the private key. Tangem Wallet simplifies this by producing and safeguarding private keys within its chip.

What are the types of BENQI Liquid Staked AVAX wallets?

Exchange SAVAX Wallets:
Platforms like Coinbase, Binance, and Kraken let you purchase SAVAX using traditional currencies through custodial wallets, with risks such as potential access restrictions.
Software SAVAX Wallets:
Installed on your devices, these wallets manage private keys and SAVAX but may be susceptible to malware. Categories include mobile, desktop, and browser wallets.
Mobile SAVAX Wallets:
Convenient applications for managing SAVAX directly from your smartphone.
Desktop SAVAX Wallets:
These are stored on computers and keep private keys on hard drives or SSDs, providing ease of use.
Hardware SAVAX Wallets:
Offline options like Tangem, offering protection from online vulnerabilities.

How to Choose the Best BENQI Liquid Staked AVAX Wallet

The choice of the best wallet hinges on personal preferences, emphasizing ease, reliability, durability, and security. If security and managing large amounts are priorities, a hardware wallet such as Tangem is advisable.

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

BENQI Liquid Staked AVAX FAQ

You can buy BENQI Liquid Staked AVAX 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 BENQI Liquid Staked AVAX, 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 BENQI Liquid Staked AVAX 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 BENQI Liquid Staked AVAX, install the Tangem app, follow the instructions to set up a cold wallet, and generate a unique address for storing your cryptocurrency.
About BENQIThe protocol enables users to effortlessly lend, borrow, and earn interest with their digital assets. Depositors providing liquidity to the protocol may earn passive income, while borrowers are able to borrow in an over-collateralized manner.

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BENQI Liquid Staked AVAX wallet

How to secure your BENQI Liquid Staked AVAX with Tangem?