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Fasttoken wallet

The most secure hardware wallet for your Fasttoken

Elevate your Fasttoken security with Tangem. Join countless savvy users enjoying peace of mind.

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How to secure your Fasttoken with Tangem?

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

How to get a Fasttoken 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 Fasttoken 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 Fasttoken (FTN)?

Fasttoken (FTN) holds the position of the native currency for Bahamut, a public, Layer 1 blockchain solution based on EVM technology. Initially conceived as an ERC20 token within the ecosystems of SoftConstruct and Fastex, FTN transitioned to being the native asset of the Bahamut blockchain upon its mainnet launch on May 3, 2023. This transition marked its migration from Ethereum to Bahamut's own network.

What is a Fasttoken wallet?

A Fasttoken wallet is a tool for managing the private keys associated with your Fasttoken address. It does not hold Fasttoken directly, as your assets inhabit the blockchain. The primary function of a Fasttoken wallet is to store and manage private keys, facilitating access and control over your Fasttoken accounts. Essentially, a Fasttoken wallet helps you store, send, receive, and manage Fasttoken.

How does a Fasttoken wallet work?

Fasttoken wallets safeguard your private keys, which are essential for controlling your blockchain accounts. The private key is crucial for maintaining access to your specific Fasttoken account and should always remain confidential. The public key, on the other hand, can be shared to receive Fasttoken. To move funds, you need the specific private key that corresponds to those public keys. The Tangem Wallet secures these private keys within its chip.

What are the types of Fasttoken wallets?

  • Exchange Fasttoken Wallets:
    These wallets are governed by centralized platforms like Coinbase, Binance, and Kraken, allowing users to purchase Fasttoken using traditional currencies. However, this comes with risks like losing account access.

  • Software Fasttoken Wallets:
    Available as applications on various devices, these wallets manage your Fasttoken assets and private keys. While user-friendly, they are susceptible to malware and cyber threats. They include mobile, desktop, and browser wallets.

  • Mobile Fasttoken Wallets:
    These are smartphone applications designed to manage Fasttoken.

  • Desktop Fasttoken Wallets:
    Installed on desktop computers, they store your private keys on the hard drive.

  • Hardware Fasttoken Wallets:
    These are physical devices used offline to securely store Fasttoken, safeguarding them against online vulnerabilities. Tangem represents an example of such hardware wallets.

How to Choose the Best Fasttoken Wallet

Selecting the ideal wallet depends on personal needs, with an emphasis on simplicity, dependability, durability, and security features. To ensure maximum protection against online threats and to safely store large quantities of Fasttoken, using a hardware wallet like Tangem is highly advisable.

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Fasttoken FAQ

  • For storing and using FTN, 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 Fasttoken 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 Fasttoken wallet is a tool that lets you store, send, and receive your digital assets. It manages your private keys, which prove ownership of your FTN.

  • Fasttoken operates on theBahamut blockchain, which utilizes the Proof of Stake and Activity (PoSA) consensus algorithm. In PoSA, validators, who validate transactions and blocks, stake a fixed amount of tokens to participate in the consensus process.

  • Fasttoken (FTN) isthe native cryptocurrency of the Bahamut blockchain, a public EVM-based layer 1 solution. It serves as a utility token, enabling staking, block creation, and validation mechanisms, as well as cross-chain operations.
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