Factor wallet
The most secure hardware wallet for your Factor
Elevate your Factor security! More users are choosing Tangem for its reliable cold storage. Be part of the trend.
How to secure your Factor with Tangem?
When you buy or hold Factor 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 Factor 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 Factor 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 Factor (FCTR)?
Factor is an innovative platform designed to elevate the DeFi experience. By providing essential tools for creating, managing, and refining on-chain financial strategies, Factor seeks to break down the barriers of complex DeFi operations, making them within reach for everyone.
What is a Factor wallet?
A Factor wallet is used to store private keys necessary for managing your Factor (FCTR) addresses. While actual Factor tokens remain on the blockchain, the wallet's job is to generate and safeguard these keys, allowing you to access and control your FCTR holdings. Essentially, a Factor wallet facilitates the storage, sending, receiving, and overall management of your Factor assets.
How does a Factor wallet work?
Factor wallets operate using key pairs—a private key and a public key—that manage your blockchain accounts. The private key is secret and grants access to your Factor funds, while the public key can be shared to receive tokens. Withdrawing funds requires the private key. Tangem Wallet is designed to create and securely store your private keys, safeguarding your assets.
What are the types of Factor wallets?
Exchange Factor Wallets:
Platforms like Binance and Kraken offer centralized exchanges to buy Factor with traditional currency via custodial wallets, though these come with the risk of potential account access restrictions.Software Factor Wallets:
These digital wallets are installed on devices for managing your Factor private keys. They are user-friendly but can be vulnerable to cyber threats, including mobile, desktop, and browser wallets.Mobile Factor Wallets:
Apps installed on smartphones for managing Factor transactions and balances.Desktop Factor Wallets:
These are programs on a PC, storing your Factor private keys on the hard drive or SSD.Hardware Factor Wallets:
Physical, offline devices like Tangem Wallet that safeguard your Factor assets against online risks.
How to Choose the Best Factor Wallet
Finding the ideal wallet depends on your individual circumstances, focusing on user-friendliness, trustworthiness, resilience, and security. If you're looking to securely store ample amounts of Factor and guard against online vulnerabilities, opting for a hardware wallet like Tangem is a wise choice.
Factor FCTR
Tangem supports other cryptocurrencies
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See all supported cryptosFactor FAQ
- For storing and using FCTR, 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 Factor 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 Factor wallet is a tool that lets you store, send, and receive your digital assets. It manages your private keys, which prove ownership of your FCTR.
- A suite of tools for managing blockchain transactions, generating cryptographic keys. and validating transactions securely on the blockchain.
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