Liquity USD wallet
The most secure hardware wallet for your Liquity USD
Embrace secure storage for your Liquity USD with Tangem Wallet, trusted by a vast, satisfied user community.
How to secure your Liquity USD with Tangem?
When you buy or hold Liquity USD 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 Liquity USD 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 Liquity USD 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 Liquity USD (LUSD)?
Liquity USD, abbreviated as LUSD, is a stablecoin designed to maintain a value synonymous with the US dollar. Produced by the Liquity Protocol, a decentralized borrowing system, it allows for interest-free loans backed by Ether as collateral. Users must maintain a collateral ratio of at least 110% to ensure loan security.
What is a Liquity USD wallet?
A Liquity USD wallet acts as a repository for your private keys that enable transactions with your Liquity USD address. While it doesn't physically hold Liquity USD, your digital currency is present on the blockchain. The wallet's main function is to secure and manage these private keys, thus allowing you to control and administer your Liquity USD assets.
How does a Liquity USD wallet work?
Liquity USD wallets operate using public and private key structures to manage blockchain interactions. The private key, which should be kept secret, allows access to your Liquity USD account, while the public key can be shared to accept payments. To access your funds, the corresponding private key is necessary. Tangem Wallet, for instance, ensures the security of these private keys by keeping them encrypted within its chip.
What are the types of Liquity USD wallets?
Exchange Liquity USD Wallets:
Central exchanges such as Binance or Kraken provide custodial wallets to buy Liquity USD with fiat. Yet, these wallets might expose you to potential risks, like losing access to your funds.Software Liquity USD Wallets:
These are installed on devices and facilitate the management of private keys and Liquity USD. While user-friendly, they can be susceptible to online threats. Variants include mobile, desktop, and browser wallets.Mobile Liquity USD Wallets:
Applications that provide management of Liquity USD directly on mobile phones.Desktop Liquity USD Wallets:
Installed on PCs, storing private keys on either hard drives or SSDs.Hardware Liquity USD Wallets:
Devices like Tangem that offer offline solutions, securing your private keys from internet threats.
How to Choose the Best Liquity USD Wallet
Selecting the right wallet depends on your personal preferences, including ease of use, strength, and security. For robust protection against online risks, especially when storing larger amounts, a hardware wallet such as Tangem is advisable.
Liquity USD LUSD
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See all supported cryptosLiquity USD FAQ
- You can buy Liquity USD 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 Liquity USD, 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 Liquity USD 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 Liquity USD, install the Tangem app, follow the instructions to set up a cold wallet, and generate a unique address for storing your cryptocurrency.
- Liquity (LQTY) is a decentralized borrowing protocol that operates on the Ethereum network.It utilizes a USD-pegged stablecoinknown as LQTY.
- About Liquity USDLUSD isa fully redeemable USD-pegged stablecoin issued by the Liquity Protocol. Liquity is a decentralized borrowing protocol that allows you to draw 0% interest loans against Ether used as collateral.
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