e-Money wallet
The most secure hardware wallet for your e-Money
Step into secure e-Money storage with Tangem. Trusted by a massive user base for reliable asset protection.
How to secure your e-Money with Tangem?
When you buy or hold e-Money 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 e-Money 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 e-Money wallet with Tangem.
What is e-Money (NGM)?
e-Money (NGM) stands at the forefront of stablecoin evolution, offering a sophisticated alternative to algorithmic stablecoins through its currency-collateralized model. Unlike its algorithmic counterparts which are plagued by numerous instability issues, e-Money stablecoins are firmly anchored to the currency they represent, such as the eEUR being backed by Euros and the eUSD by US dollars. This clear-cut collateralization ensures that e-Money stablecoins remain both highly liquid and efficient.
What is an e-Money (NGM) wallet?
An e-Money (NGM) wallet doesn't physically store the e-Money itself, but rather it safeguards the private keys necessary for accessing your e-Money addresses. Through these private keys, you can manage your e-Money accounts, send, receive, and oversee your holdings. The blockchain holds the actual e-Money, while the wallet acts as your gateway to interact with and manage your e-Money transactions.
How does an e-Money (NGM) wallet work?
e-Money wallets operate by utilizing pairs of public and private keys to control blockchain accounts. The private key ensures secure and exclusive access to an e-Money account and must be secret, while the public key can be freely shared to receive funds. To withdraw funds from the account, the corresponding private key is essential. Tangem Wallet specifically generates and stores these crucial private keys within its secure chip.
What are the types of e-Money (NGM) wallets?
Exchange e-Money Wallets:
Centralized trading platforms like Binance and Coinbase permit e-Money buying through custodial wallets using traditional currencies. Such wallets carry risks, including possible revocation of access by the exchange.Software e-Money Wallets:
These wallets, installable on various devices, manage users' private keys and e-Money. While user-friendly, they can be vulnerable to cyber threats and malware. They come in mobile, desktop, and browser formats.Mobile e-Money Wallets:
Smartphone applications designed for managing e-Money easily on the go.Desktop e-Money Wallets:
These are computer applications storing private keys locally on hard drives or SSDs.Hardware e-Money Wallets:
Offline storage devices like Tangem offer superior security by safeguarding against online attacks.
How to Choose the Best e-Money (NGM) Wallet
Selecting the ideal wallet depends on your specific requirements, balancing ease of use, reliability, durability, and enhanced security. For maximal protection against digital threats and to securely store substantial amounts, a hardware wallet like Tangem is the optimal choice.
Tangem supports other cryptocurrencies
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See all supported cryptose-Money FAQ
- The best wallet for NGM is one that keeps your keys safe while staying easy to use. Tangem Wallet delivers both security and convenience in one solution.
- 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 best wallet for storing e-Money is one that keeps your private keys offline while remaining easy to manage. Tangem offers this balance by placing keys in an offline card that you tap with your phone, providing both high security and simple everyday use.
- A e-Money wallet stores the keys that give you access to your NGM. It can be software-based or a hardware wallet like Tangem for higher security.
- Compared to cash,e-money poses greater risks with respect to rapidity but lower risks with respect to anonymity, elusiveness, and oversight.
- e& money is the first digital wallet licensed by theCentral Bank of UAE. As the fintech arm of e& life, e& money aims to revolutionize your experience through our innovative financial super app marketplace. If you are looking for the best finance application, you've stopped at the right one.