Lido DAO wallet

The most secure hardware wallet for your Lido DAO

Preserve your Lido DAO with the trusted Tangem wallet. Join a large community enjoying peace of mind.

Get Lido DAO wallet

How to secure your Lido DAO with Tangem?

When you buy or hold Lido DAO 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 Lido DAO 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 Lido DAO 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 Lido DAO (LDO)?

Lido DAO functions as an open-source software platform on both the Ethereum and Polygon networks, facilitating token staking for users. By participating in Lido, individuals can stake their tokens to earn rewards affiliated with blockchain validation. This platform aims to streamline the staking process, allowing users to easily contribute to network security while earning associated rewards.

What is a Lido DAO wallet?

A Lido DAO wallet is essential for managing private keys, which in turn, are crucial for controlling your Lido DAO address. The wallet doesn't store LDO itself; instead, your cryptocurrency resides on the blockchain. Its core function is to create and safeguard these private keys, enabling access and management of your Lido DAO accounts. Essentially, a Lido DAO wallet is a comprehensive tool for securing, sending, receiving, and managing LDO.

How does a Lido DAO wallet work?

Lido DAO wallets operate using pairs of public and private keys to manage blockchain accounts. The private key is vital to maintaining access to a specific Lido DAO account and must be kept secure, while the public key can be freely shared to receive LDO. To withdraw your funds, possessing the correct private key is necessary. The Tangem Wallet uniquely generates and securely stores these private keys within its embedded chip.

What are the types of Lido DAO wallets?

Exchange Lido DAO Wallets:
Centralized platforms such as Coinbase, Binance, and Kraken enable Lido DAO purchases using fiat currencies through custodial wallets. This introduces potential risks, such as the possibility of access loss.
Software Lido DAO Wallets:
Software installed on devices facilitate management of private keys and Lido DAO. While user-friendly, they are susceptible to malware and cyber threats, and include mobile, desktop, and browser varieties.
Mobile Lido DAO Wallets:
Applications for smartphones designed to facilitate Lido DAO management.
Desktop Lido DAO Wallets:
Programs installed on computers that store private keys on hard drives or SSDs.
Hardware Lido DAO Wallets:
Offline storage options, like Tangem, offer strong protection against online vulnerabilities.

How to Choose the Best Lido DAO Wallet

Selecting the right wallet requires considering individual needs, with an emphasis on ease of use, reliability, durability, and security. For optimal protection from online threats and storage of large assets, choosing a hardware wallet like Tangem is advised.

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

Lido DAO FAQ

You can buy Lido DAO 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 Lido DAO, 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 Lido DAO 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 Lido DAO, install the Tangem app, follow the instructions to set up a cold wallet, and generate a unique address for storing your cryptocurrency.
Jordan Fish, Vasiliy Shapovalov, and Konstantin Lomashukfounded Lido and its DAO to solve the shortcomings of staking, such as illiquidity and high minimum staking requirements (e.g., Ethereum requiring at least 32.00 ETH to operate a validator).

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Lido DAO wallet

How to secure your Lido DAO with Tangem?