Balanced wallet
The most secure hardware wallet for your Balanced
Protect and manage your Balanced with Tangem. Join an ever-growing community valuing top-notch security.
How to secure your Balanced with Tangem?
When you buy or hold Balanced 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 Balanced 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 Balanced 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 Balanced (BALN)?
Balanced, denoted as BALN, is a governance token integral to the Balanced platform's ecosystem. It is designed to empower users, offering them the capability to lock the token for extended periods, up to four years, to enhance their voting influence and increase their earning potential. This token acts as a reward mechanism for participants, including borrowers and liquidity providers, within the Balanced network.
What is a BALN wallet?
A BALN wallet is essential for managing your Balanced tokens by storing the private keys required for accessing your BALN address. Although it doesn’t store BALN directly, the wallet enables interactions with the blockchain where your tokens reside. By securely keeping private keys, you gain the ability to access, send, receive, and manage your BALN holdings.
How does a BALN wallet work?
BALN wallets operate through pairs of cryptographic keys known as the public and private keys. The private key is vital for securing access to your BALN account and must be kept confidential. On the other hand, the public key can be freely shared to receive BALN. Access to funds involves using the appropriate private key. Tangem Wallets specialize in generating and storing these crucial private keys within their secure chips.
What are the types of BALN wallets?
Exchange BALN Wallets:
Online exchanges like Coinbase, Binance, and Kraken offer the ability to purchase BALN using fiat currency through custodial wallets. However, these platforms may pose risks such as the potential for account access restrictions.Software BALN Wallets:
These wallets are installed on digital devices, facilitating the management of private keys and BALN transactions. Though user-friendly, they are susceptible to online threats like malware. This category includes mobile, desktop, and browser wallet types.Mobile BALN Wallets:
Applications that let you handle BALN on the go via smartphones.Desktop BALN Wallets:
Installed on personal computers, these wallets store private keys on the device’s hard drive or SSD.Hardware BALN Wallets:
Serving as offline storage, these wallets, like Tangem, offer robust protection against digital security threats.
How to Choose the Best BALN Wallet
Choosing the best wallet for your needs hinges on what you value most—be it simplicity, security, or long-term use. For substantial holdings and optimal protection from online threats, hardware wallets, such as those provided by Tangem, present an ideal solution.
Balanced BALN
Tangem supports other cryptocurrencies
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See all supported cryptosBalanced FAQ
- For storing and using BALN, Tangem Wallet is a strong choice thanks to its offline key storage and mobile-friendly design.
- You can use most software wallets at no cost. Hardware wallets, which offer additional security, must be purchased separately. Network fees may still apply.
- The safest Balanced wallet keeps your private keys offline and protected from unauthorized access. Hardware wallets, such as Tangem, offer the highest level of protection because they isolate keys from online risks.
- A Balanced wallet is a tool that lets you store, send, and receive your digital assets. It manages your private keys, which prove ownership of your BALN.
- Balance AI isan open-source protocol that powers a decentralized, blockchain-based machine-learning network.
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