Wrapped AVAX wallet
The most secure hardware wallet for your Wrapped AVAX
Prefer a self-custodial option for your Wrapped AVAX? Discover why peers trust Tangem for their assets.
How to secure your Wrapped AVAX with Tangem?
When you buy or hold Wrapped AVAX 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 Wrapped AVAX 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 Wrapped AVAX 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 Wrapped AVAX (WAVAX)?
Wrapped AVAX, denoted as WAVAX, is a token operating on the Avalanche network. Known for its speedy transaction finality and minimal transaction fees, Avalanche offers an efficient platform for blockchain development. Designed with an eco-friendly approach, it accommodates any application with smart contract capabilities, highlighting its versatility within the blockchain ecosystem.
What is a Wrapped AVAX wallet?
A Wrapped AVAX wallet is a tool that stores private keys essential for managing your Wrapped AVAX accounts. While it doesn't hold the cryptocurrency itself, it allows you to transact with WAVAX on the blockchain. Its main role is to create and maintain these private keys, offering a secure way to access and interact with your Wrapped AVAX holdings.
How does a Wrapped AVAX wallet work?
Wrapped AVAX wallets function by utilizing public and private key pairs to control blockchain accounts. The private key is key to accessing a specific Wrapped AVAX account and must be kept strictly private, whereas the public key can be given out to receive WAVAX. To manage your funds, the corresponding private key is necessary. Tangem Wallet securely generates and retains these private keys within its built-in chip.
What are the types of Wrapped AVAX wallets?
Exchange Wrapped AVAX Wallets:
Platforms like Coinbase, Binance, and Kraken offer custodial wallets convenient for purchasing WAVAX with fiat currencies. However, they come with certain risks including potential restrictions on account access.Software Wrapped AVAX Wallets:
These wallets are software-based, installed on devices to manage WAVAX and private keys. They offer user-friendliness but can be susceptible to malware and cyber threats. They include mobile, desktop, and browser wallet types.Mobile Wrapped AVAX Wallets:
Applications that facilitate managing your Wrapped AVAX directly from your smartphone.Desktop Wrapped AVAX Wallets:
Installed on PCs, these wallets store private keys on the device’s hard drive or SSD.Hardware Wrapped AVAX Wallets:
Providing protection from online attacks, these are offline solutions such as Tangem.
How to Choose the Best Wrapped AVAX Wallet
Selecting the ideal wallet depends on your personal preferences for ease, dependability, durability, and security. For those prioritizing secure storage of large amounts of cryptocurrency, a hardware wallet like Tangem is advisable for added protection against online vulnerabilities.
Wrapped AVAX WAVAX
Tangem supports other cryptocurrencies
Reliability and convenience at your fingertips. Manage thousands of cryptocurrencies with peace of mind anywhere and anytime
See all supported cryptosWrapped AVAX FAQ
- You can buy Wrapped AVAX 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 Wrapped AVAX, 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 Wrapped AVAX 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 Wrapped AVAX, install the Tangem app, follow the instructions to set up a cold wallet, and generate a unique address for storing your cryptocurrency.
- What are the advantages of wrapped tokens? Wrapped tokensallow interoperability, they boost liquidity and ensure access to Decentralized Finance Platforms alongside keeping the transparency and security of your asset.
- Wrapped AVAX (WAVAX) isa token that represents AVAX on a 1:1 basis and adheres to the ERC-20 token standard. By conforming to ERC-20, WAVAX allows for broader use across decentralized applications that support this standard.
Related articles
Learn more
Something went wrong
Please
Buy now – you might get lucky!
30 lucky orders will get 100% cashback on their Tangem Wallet.
00:00:00