Chainflip wallet
The most secure hardware wallet for your Chainflip
Switch to Tangem for your Chainflip. Join our satisfied users in protecting their assets with our hardware wallet.
How to secure your Chainflip with Tangem?
When you buy or hold Chainflip 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 Chainflip 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 Chainflip 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 Chainflip (FLIP)?
Chainflip is a revolutionary decentralized protocol built to seamlessly facilitate the exchange of digital assets across diverse networks and blockchains. Users can effortlessly swap assets between major blockchains without relying on wrapped tokens or conventional bridging techniques, ensuring they maintain complete custody over their assets.
What is a Chainflip wallet?
A Chainflip wallet doesn’t hold your FLIP tokens directly but is essential for storing the private keys needed to manage your Chainflip address. The actual FLIP tokens reside on the blockchain, and the wallet's main function is to create and house these private keys. With a Chainflip wallet, you can store, send, receive, and manage FLIP tokens with ease.
How does a Chainflip wallet work?
Chainflip wallets operate using pairs of public and private keys to manage your blockchain accounts. The private key is crucial for accessing your specific Chainflip account and must be protected, while the public key can be shared to receive FLIP tokens. To access funds, having the corresponding private key is imperative. Tangem Wallet offers a secure environment to generate and store these private keys within its chip.
What are the types of Chainflip wallets?
Exchange Chainflip Wallets:
Platforms like Coinbase and Binance offer custodial wallets for trading Chainflip, which comes with the risk of having your access rights revoked by the service provider.Software Chainflip Wallets:
These wallets are installed on your electronic devices for managing FLIP tokens and private keys. While user-friendly, they can be exposed to malware and hacking attempts. These include mobile, desktop, and browser-based wallets.Mobile Chainflip Wallets:
These apps allow you to manage Chainflip tokens conveniently on your smartphone.Desktop Chainflip Wallets:
Installed on personal computers, they safeguard your private keys on your hard drive or SSD.Hardware Chainflip Wallets:
Devices like Tangem provide safe offline storage, shielding your assets from internet threats.
How to Choose the Best Chainflip Wallet
Choosing the ideal wallet for your needs means considering factors like user-friendliness, reliability, longevity, and security. If you’re safeguarding substantial amounts of cryptocurrency and prioritize protection from online vulnerabilities, opting for a hardware wallet such as Tangem is the best choice.
Chainflip FLIP
Tangem supports other cryptocurrencies
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See all supported cryptosChainflip FAQ
- You can buy Chainflip 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 Chainflip, 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 Chainflip 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 Chainflip, install the Tangem app, follow the instructions to set up a cold wallet, and generate a unique address for storing your cryptocurrency.
- Chainflip is a decentralised, trustless protocol that allows users to easily exchange cryptocurrency assets across a range of networks and blockchains without losing custody of their assets in the process.
- Last Updated Date: November 30, 2023. Cross-chain swaps area mechanism for trading a token issued on one blockchain with a token issued by a different chain. Individual blockchains are holistic digital environments where all applications are connected by an underlying network.
- Chainflippowers secure and seamless cross-chain swaps without bridges. Chainflip redefines DeFi with seamless, secure cross-chain swaps, eliminating bridges and wrapped tokens to enable true interoperability across blockchains.
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