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Covalent X Token wallet

The most secure hardware wallet for your Covalent X Token

Preserve your Covalent X Token with the trusted Tangem wallet. Join a large community enjoying peace of mind.

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How to secure your Covalent X Token with Tangem?

When you buy or hold Covalent X Token in Tangem, it secures your private keys in many ways:

How to get a Covalent X Token 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 Covalent X Token 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 Covalent X Token (CXT)?

Covalent X Token, known by its symbol CXT, forms a cornerstone of the Covalent Network's 'New Dawn' project. This represents a pivotal shift from the former Covalent Query Token (CQT), signifying a revamped focus on advancements in artificial intelligence and the enduring presence of data. Operated as a decentralized network, Covalent eliminates reliance on centralized databases, enabling access to vital on-chain information.

What is a Covalent X Token wallet?

A Covalent X Token wallet is a digital tool designed to safeguard private keys tied to your CXT address. While it doesn't physically hold CXT, it enables seamless interaction and transaction with the CXT on the blockchain. Fundamentally, a CXT wallet's role is to secure and maintain your private keys, empowering you to manage your Covalent X Token holdings, including transferring and receiving CXT.

How does a Covalent X Token wallet work?

CXT wallets use a system of public and private keys to allow control over blockchain accounts. The private key is integral for accessing a Covalent X Token account, and it must be kept confidential. Conversely, the public key is shared to receive CXT. During funds transfer, the corresponding private key is necessary. In Tangem Wallets, private keys are generated and securely stored within its hardware component.

What are the types of Covalent X Token wallets?

  • Exchange Covalent X Token Wallets:
    Platforms such as Coinbase, Binance, and Kraken provide custodial wallets for purchasing CXT with fiat money, although there is a risk of losing account access.

  • Software Covalent X Token Wallets:
    Downloadable applications on various devices manage private keys and CXT. They offer user-friendly interfaces but may be susceptible to hacking and malware threats. Variants include mobile, desktop, and browser wallets.

  • Mobile Covalent X Token Wallets:
    Dedicated apps on smartphones for easy CXT management.

  • Desktop Covalent X Token Wallets:
    Installed on PCs, housing private keys within storage devices.

  • Hardware Covalent X Token Wallets:
    These are physical devices, like Tangem's wallet, that secure CXT offline, shielding it from online risks.

How to Choose the Best Covalent X Token Wallet

Selecting an optimal wallet involves assessing your personal needs, favoring simplicity, robustness, longevity, and safety. For protecting large CXT funds and minimizing online threats, a hardware wallet such as Tangem is advisable.

Covalent X Token CXT
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Covalent X Token FAQ

  • You can buy Covalent X Token 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 Covalent X Token, 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 Covalent X Token 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 Covalent X Token, install the Tangem app, follow the instructions to set up a cold wallet, and generate a unique address for storing your cryptocurrency.
  • X (Twitter) adds 'x coin' to code as Elon Musk moves toward integrating crypto payments. Description ofa new digital assethas been added to X's algorithm, potentially paving the way for crypto payments on the platform. Altcoin Daily. Aug 31, 2023 1:16 PM EDT.
  • Covalent X Token (CXT) isan ERC20 token on the Ethereum blockchain and serves as the native token of the Covalent Network. CXT functions as a governance token, allowing holders to vote on proposals that modify system parameters.
  • Covalent (CQT) is a decentralized data infrastructure layer thatprovides a unified API to access blockchain data across multiple networks. It enables users to query data from various blockchains through one unified API, facilitating the development of blockchain applications.

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