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PHALA wallet

The most secure hardware wallet for your PHALA

Elevate your PHALA security with Tangem. Join countless savvy users enjoying peace of mind.

Get PHALA wallet
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How to secure your PHALA with Tangem?

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

How to get a PHALA 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 PHALA 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 PHALA (PHA)?

Phala Network is a trailblazing platform dedicated to serving as the Execution Layer for Web3's artificial intelligence. It is designed to facilitate seamless interaction between AI and blockchain technology, aiming to empower Web3 for a billion users. By utilizing a multi-proof system, Phala Network tackles the challenges of AI execution, enabling developers to craft tamper-resistant and relentless AI Agents that collaborate with smart contracts via the AI-Agent Contract.

What is a PHALA wallet?

A PHALA wallet is essential for managing the private keys that control your PHALA address. This wallet doesn't store the actual PHALA coins; instead, all cryptocurrencies reside on the blockchain. Its main function is to generate and safeguard these private keys, giving you the ability to access and manage your PHALA accounts. In a nutshell, a PHALA wallet is a tool for storing, sending, receiving, and managing PHALA.

How does a PHALA wallet work?

PHALA wallets operate using a pair of public and private keys to manage blockchain accounts. The private key, which must remain secret, is used to access a specific PHALA account, whereas the public key can be shared to receive PHALA. To withdraw funds, the corresponding private key is needed. Tangem Wallet provides secure generation and storage of private keys via its chip.

What are the types of PHALA wallets?

  • Exchange PHALA Wallets:
    Centralized exchanges such as Binance and Kraken enable PHALA purchases with fiat currency through custodial wallets. However, this approach involves risks like potential restriction of access.

  • Software PHALA Wallets:
    These wallets can be installed on various devices for managing PHALA and private keys. Though user-friendly, they can be susceptible to malware and cyber threats and include mobile, desktop, and browser versions.

  • Mobile PHALA Wallets:
    Smartphone applications that permit PHALA management conveniently on the go.

  • Desktop PHALA Wallets:
    These are installed on personal computers, keeping private keys on the hard drive or SSD for security.

  • Hardware PHALA Wallets:
    Offline storage solutions like Tangem that provide superior protection against online vulnerabilities.

How to Choose the Best PHALA Wallet

The best PHALA wallet varies based on personal preferences, including ease of use, reliability, durability, and security. For robust protection against cyber threats and safe storage of significant crypto holdings, a hardware wallet such as Tangem is often advised.

PHALA PHA
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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

PHALA FAQ

  • You can buy PHALA 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 PHALA, 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 PHALA 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 PHALA, install the Tangem app, follow the instructions to set up a cold wallet, and generate a unique address for storing your cryptocurrency.

Tangem Wallet

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