ParaSwap wallet

The most secure hardware wallet for your ParaSwap

Protect your ParaSwap with Tangem Wallet. Join countless users enjoying secure, self-custodial storage solutions.

Get ParaSwap wallet

How to secure your ParaSwap with Tangem?

When you buy or hold ParaSwap 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 ParaSwap 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 ParaSwap 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 ParaSwap (PSP)?

ParaSwap stands as a premier DeFi aggregator, drawing liquidity from a myriad of decentralized exchanges and lending platforms into a user-friendly interface and accessible APIs. It's designed to advance DeFi participation by simplifying trading processes for both individual users and large-scale traders, offering avenues to tap into varied liquidity pools seamlessly.

What is a ParaSwap wallet?

A ParaSwap wallet manages private keys, essential for handling your ParaSwap (PSP) address. While it doesn't store the PSP tokens themselves, since they exist on the blockchain, it is key to accessing and overseeing your PSP holdings. The wallet essentially serves to generate and safeguard these private keys, enabling efficient management of PSP activities.

How does a ParaSwap wallet work?

ParaSwap wallets utilize pairs of keys—public and private—to manage activities on the blockchain. The private key is your gateway to the corresponding PSP account and should remain confidential, while the public key is shareable to receive PSP transactions. To authorize fund movements, a private key is necessary, and Tangem Wallet secures these keys within its chip for enhanced security.

What are the types of ParaSwap wallets?

Exchange ParaSwap Wallets:
Platforms like Coinbase and Binance provide custodial wallets to buy PSP with fiat currencies. However, centralized control poses certain risks.
Software ParaSwap Wallets:
Apps installed on devices to manage private keys and PSP. These are convenient yet subject to cybersecurity threats. Variants include mobile, desktop, and browser-based wallets.
Mobile ParaSwap Wallets:
Smartphone applications designed for managing PSP cryptocurrencies on the go.
Desktop ParaSwap Wallets:
Software installed on PCs to store private keys within local drives.
Hardware ParaSwap Wallets:
Devices like Tangem that offer offline storage solutions to safeguard against online vulnerabilities.

How to Choose the Best ParaSwap Wallet

Choosing the right wallet depends on personal requirements, emphasizing user-friendliness, reliability, and security. For comprehensive protection and large asset storage, a hardware wallet such as Tangem is advised.

Tangem supports other cryptocurrencies

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See all supported cryptos

ParaSwap FAQ

You can buy ParaSwap 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 ParaSwap, 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 ParaSwap 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 ParaSwap, install the Tangem app, follow the instructions to set up a cold wallet, and generate a unique address for storing your cryptocurrency.
ZeroSwap defines itself asa multi-chain, zero-fee, on-chain trading platform along with liquidity, DeFi, token offerings, mining, and DEX aggregation features.
It is designed toallow blockchains to exchange messages and perform transactions with each other without a trusted third-party. This allows for cross-chain transfers of data or assets, between different blockchains, and for decentralized applications (DApps) to be built using the Polkadot Network.

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ParaSwap wallet

How to secure your ParaSwap with Tangem?