LeverFi wallet
The most secure hardware wallet for your LeverFi
Elevate your LeverFi storage with Tangem's secure hardware wallet—join thousands of happy users!
How to secure your LeverFi with Tangem?
When you buy or hold LeverFi 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 LeverFi 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 LeverFi wallet with Tangem.
What is LeverFi (LEVER)?
LeverFi is an innovative platform that strengthens both Bitcoin and Web3 infrastructure by offering advanced liquidity solutions. Its goal is to enable scalable, non-custodial applications on Bitcoin, thus broadening the decentralized finance (DeFi) possibilities within the Bitcoin network.
What is a LeverFi wallet?
A LeverFi wallet is designed to hold your private keys, enabling you to manage your Ethereum-based assets alongside your Bitcoin applications. It functions as a gateway to interact with the LeverFi platform, facilitating various DeFi activities without actually storing the coins themselves, which remain secure on the blockchain. Its primary function is to create, store, and manage private keys for accessing your LeverFi accounts, helping you perform transactions and manage your holdings flexibly and securely.
How does a LeverFi wallet work?
LeverFi wallets operate through a system of public and private keys to manage assets on the blockchain. A private key remains confidential and is necessary to access and execute transactions from your LeverFi account, while a public key is used to receive assets. The Tangem Wallet can generate and securely store these private keys within its chip, ensuring your private keys never leave the safety of secure hardware.
What are the types of LeverFi wallets?
Exchange LeverFi Wallets:
Platforms such as Coinbase, Binance, and Kraken allow transactions in LeverFi through custodial wallets, where the accessibility risk is managed by the platform itself.Software LeverFi Wallets:
These are applications installed on your personal devices to manage private keys and cryptocurrencies such as LeverFi. They provide ease of use but need to be safeguarded against digital threats. They come in various forms, including mobile, desktop, and browser extensions.Mobile LeverFi Wallets:
Smartphone applications tailored to give users on-the-go management of their LeverFi assets.Desktop LeverFi Wallets:
Programs that reside on your computer, storing private keys on local hard drives or SSDs.Hardware LeverFi Wallets:
Devices that store private keys offline. Tangem is such an example, offering robust protection against digital threats and providing a secure way to handle large volumes of cryptocurrency.
How to Choose the Best LeverFi Wallet
Selecting the right wallet for your LeverFi tokens relies heavily on your personal preferences for convenience, reliability, and security. Opting for a hardware wallet like Tangem is often recommended, especially when your goal is to secure a significant amount of digital currency and ensure maximum protection against online hazards.
Tangem supports other cryptocurrencies
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See all supported cryptosLeverFi FAQ
- For storing and using LEVER, Tangem Wallet is a strong choice thanks to its offline key storage and mobile-friendly design.
- Software wallets for LeverFi are often free, but hardware wallets usually require a one-time purchase. Sending transactions may involve network fees.
- A strong LeverFi 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.
- A LeverFi wallet is a tool that lets you store, send, and receive your digital assets. It manages your private keys, which prove ownership of your LEVER.
- The Singapore-based RAMP DEFI project, which later became LeverFi, was founded in 2019 byLawrence Lim and Loh Zheng Rong. They rebranded the platform and launched LeverFi three years later.
- LeverFi (LEVER) isa decentralized finance (DeFi) platform built on the Ethereum blockchain. It offers leveraged trading with up to 10x leverage and simultaneous yield-farming of assets.
- What is leverage trading? Leverage trading isthe use of a smaller amount of initial funds or capital to gain exposure to larger trade positions in an underlying asset or financial instrument. Financial instruments include forex (currency), commodities and indices.