coreDAO wallet
The most secure hardware wallet for your coreDAO
Unlock ultimate security for your coreDAO. Become part of a satisfied Tangem community today!
How to secure your coreDAO with Tangem?
When you buy or hold coreDAO 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 coreDAO 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 coreDAO wallet with Tangem.
What is coreDAO (COREDAO)?
coreDAO functions as a pivotal governance token within the CORE ecosystem, specifically tailored to enhance and guide decentralized finance (DeFi) initiatives. It offers its holders significant decision-making power, enabling them to shape the future of the ecosystem via a robust on-chain governance mechanism.
What is a coreDAO wallet?
A coreDAO wallet serves the purpose of storing private keys, which provides access to your coreDAO address. The wallet itself does not hold the coreDAO tokens; these remain on the blockchain. Instead, the wallet’s role is to generate and safeguard private keys, thereby allowing you to manage your coreDAO assets. Essentially, a coreDAO wallet is a tool for storing, sending, receiving, and managing coreDAO tokens.
How does a coreDAO wallet work?
coreDAO wallets function using pairs of public and private keys to oversee blockchain accounts. Keeping the private key secure is crucial, as it unlocks access to a particular coreDAO account. Meanwhile, the public key can be shared freely to facilitate the receipt of coreDAO tokens. To conduct transactions, the corresponding private key must be utilized. Tangem Wallet, for instance, produces and securely stores these private keys within its chip.
What are the types of coreDAO wallets?
Exchange coreDAO Wallets:
Centralized platforms such as Coinbase, Binance, and Kraken offer coreDAO buying options using fiat currencies, leveraging custodial wallets, albeit with potential risks like restricted access.Software coreDAO Wallets:
Installed on devices, these wallets manage private keys and coreDAO tokens. While user-friendly, they are susceptible to cyber threats. Categories include mobile, desktop, and browser versions.Mobile coreDAO Wallets:
These applications facilitate the management of coreDAO on smartphones.Desktop coreDAO Wallets:
Installed on PCs, these wallets keep private keys on your hard drive or SSD.Hardware coreDAO Wallets:
Offering offline storage, these wallets, like Tangem, shield assets from online vulnerabilities.
How to Choose the Best coreDAO Wallet
Selecting the ideal wallet involves aligning with personal priorities such as usability, trustworthiness, longevity, and security. If securing coreDAO against online threats and storing significant amounts is a priority, then opting for a hardware wallet like Tangem can be advantageous.
Tangem supports other cryptocurrencies
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See all supported cryptoscoreDAO FAQ
- A top wallet for COREDAO 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 coreDAO 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 coreDAO. Without it, you cannot control your funds.
- What is Core Chain? Core Chain isa Bitcoin-powered, EVM-compatible Layer 1 blockchain with smart contracts that enables BTC staking, a feature traditionally unavailable to Bitcoin holders.
- Core DAO isthe decentralized autonomous organization focused on supporting and advancing the Core blockchain network, fostering security, scalability, and decentralization through a collaborative, community-driven approach.