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Snowbank wallet

The most secure hardware wallet for your Snowbank

Tangem secures your Snowbank. Discover why thousands rely on our hardware wallet for ultimate peace.

Get Snowbank wallet
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How to secure your Snowbank with Tangem?

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

How to get a Snowbank 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 Snowbank 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 Snowbank (SB)?

Snowbank DAO is a pioneering decentralized reserve currency protocol functioning on the Avalanche Network, centered around the SB token. This token derives its stability from a treasury-backed system comprised of assets like MIM and SB-AVAX LP Tokens. The structured backing guarantees a minimal intrinsic value for the SB token, fostering greater reliability and trust amongst its community.

What is a Snowbank wallet?

A Snowbank wallet is essential for securing and managing your SB tokens by storing the private keys linked to your Snowbank address. While the wallet doesn't store the tokens themselves—the blockchain does—it is crucial for creating and managing these private keys necessary for overseeing your Snowbank accounts. Essentially, a Snowbank wallet facilitates the handling, transmitting, and security management of your SB tokens.

How does a Snowbank wallet work?

Snowbank wallets use paired public and private keys to administer blockchain accounts. The private key, critical for accessing specific Snowbank accounts, must always be protected, while the public key is shareable for receiving Snowbank. To make a withdrawal, you'll need to access your private key. Tangem Wallet comes equipped to generate and retain these private keys within its chip, guaranteeing security.

What are the types of Snowbank wallets?

  • Exchange Snowbank Wallets:
    Utilize centralized platforms like Coinbase, Binance, and Kraken for SB token transactions using custodial wallets, although there is a risk of account restrictions.

  • Software Snowbank Wallets:
    These are programs installed on your gadgets for SB token management, presenting user-friendly experiences but being susceptible to malware. Varieties include mobile, desktop, and web application wallets.

  • Mobile Snowbank Wallets:
    Dedicated apps let you manage your SB tokens directly from your mobile devices.

  • Desktop Snowbank Wallets:
    Installed on PCs, these wallets safeguard your private keys on your hard drives or SSDs.

  • Hardware Snowbank Wallets:
    Offline devices like Tangem offer impenetrable security from online risks.

How to Choose the Best Snowbank Wallet

Selecting the ideal wallet depends on personal necessities, emphasizing user friendliness, steadfastness, and top-notch security. For robust online threat mitigation and large SB token storage, a hardware wallet such as Tangem is highly advisable.

Snowbank SB
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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

Snowbank FAQ

  • You can buy Snowbank 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 Snowbank, 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 Snowbank 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 Snowbank, install the Tangem app, follow the instructions to set up a cold wallet, and generate a unique address for storing your cryptocurrency.
  • Zigcoin, also known as ZIG, isthe native token of Zignaly, a social platform for digital assets that aims to connect users with experienced portfolio managers.
  • An electronic money token (EMT) isa cryptographic token used for exchange and is pegged to a single fiat currency.
  • About SnowbankSnowbank DAO is the decentralized reserve currency protocol available on the Avalanche Network based on the SB token. Each SB token is backed by a basket of assets (e.g., MIM, SB-AVAX LP Tokens etc etc) in the Snowbank DAO treasury, giving it an intrinsic value that it cannot fall below.

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