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Convex FXS wallet

The most secure hardware wallet for your Convex FXS

Guard your Convex FXS with Tangem, the choice of a large network of crypto owners!

Get Convex FXS wallet
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How to secure your Convex FXS with Tangem?

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

How to get a Convex FXS 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.

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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 Convex FXS 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.

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What is Convex FXS (CVXFXS)?

Convex FXS (CVXFXS) is integral to the Convex platform, a powerful solution for amplifying liquidity on decentralized exchanges like Curve, Prisma, Frax, and f(x). Through Convex, users can deposit their liquidity provider (LP) tokens, unlocking enhanced reward opportunities.

What is a Convex FXS wallet?

A Convex FXS wallet holds the private keys required to interact with your CVXFXS holdings. It's important to note that the CVXFXS itself remains on the blockchain while the wallet facilitates secure access to manage your assets. Essentially, it functions as a tool for storing, sending, receiving, and overseeing your Convex FXS holdings.

How does a Convex FXS wallet work?

Convex FXS wallets manage your blockchain addresses through a combination of public and private keys. While the public key can be shared to receive CVXFXS, the private key must be kept confidential as it allows you to access and transact your funds. With Tangem Wallet, private keys are generated and securely stored, ensuring the safekeeping of your CVXFXS.

What are the types of Convex FXS wallets?

  • Exchange Convex FXS Wallets:
    Platforms like Coinbase, Binance, and Kraken offer custodial wallets for buying CVXFXS with fiat currencies. However, this centralization poses certain risks like possible restrictions on account access.

  • Software Convex FXS Wallets:
    Software wallets, available on various devices, manage private keys and CVXFXS assets. Although convenient, they are susceptible to cyber threats. Types include mobile, desktop, and browser wallets.

  • Mobile Convex FXS Wallets:
    Applications designed for smartphones to handle CVXFXS transactions on the go.

  • Desktop Convex FXS Wallets:
    Installed on personal computers, these wallets store private keys directly on your hard drives or SSDs.

  • Hardware Convex FXS Wallets:
    Devices offering offline storage, like Tangem, safeguarding your CVXFXS from online vulnerabilities.

How to Choose the Best Convex FXS Wallet

Selecting the perfect wallet is a matter of assessing personal requirements for simplicity, dependability, and security. For maximum protection against online risks and secure storage of significant CVXFXS, consider a hardware wallet like Tangem.

Tangem supports other cryptocurrencies

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Convex FXS FAQ

  • A top wallet for CVXFXS should strike a balance between safety and usability. Tangem provides this by securing keys offline while allowing quick access through your phone.
  • Yes, software wallets are generally free. Hardware wallets, such as Tangem Wallet, come with a purchase because they include secure physical components.
  • A strong Convex FXS wallet uses dedicated hardware to safeguard private keys. Tangem uses a specialized security chip, similar to those found in banking cards and passports, which keeps keys isolated and reduces the risk of unauthorized access or data compromise.
  • It’s a digital or hardware device that holds the private keys needed to access and manage your Convex FXS. Without it, you cannot control your funds.
  • Frax Share (FXS) isa governance and collateral token in the Frax Finance ecosystem. It plays a crucial role in maintaining the stability of the FRAX stablecoin and ensuring the long-term success of the protocol.