Lossless wallet
The most secure hardware wallet for your Lossless
Store your Lossless with unparalleled security. Become part of an extensive network of content Tangem users!
How to secure your Lossless with Tangem?
When you buy or hold Lossless 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 Lossless 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 Lossless 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 Lossless (LSS)?
Lossless (LSS) is a pioneering protocol in the realm of blockchain security, crafted to offer an extra security layer to defend against malicious exploits. It aims to protect projects and their communities from potential financial damage caused by fraudulent activities. This protocol is adaptable, spanning across multiple blockchain networks such as Ethereum, Arbitrum, Polygon, Binance Smart Chain, Avalanche, Fantom, Harmony, Elysium, and Arthera.
What is a Lossless wallet?
A Lossless wallet securely stores the private keys that are necessary for managing your Lossless (LSS) address. While it doesn't contain the Lossless tokens themselves, it ensures your cryptocurrency is safely stored on the blockchain. The primary function of a Lossless wallet is to generate and hold these private keys, enabling you to access and manage your Lossless accounts. In essence, a Lossless wallet is a tool for storing, sending, receiving, and managing your Lossless tokens.
How does a Lossless wallet work?
Lossless wallets operate by utilizing public and private key pairs to oversee blockchain accounts. The private key is the secret credential that gives access to a specific Lossless account and must be kept secure, whereas the public key can be shared to receive Lossless tokens. To retrieve funds, the corresponding private key is required. The Tangem Wallet generates and stores these private keys within its secure chip.
What are the types of Lossless wallets?
Exchange Lossless Wallets:
Platforms like Coinbase, Binance, and Kraken offer custodial wallets for buying Lossless with traditional currencies. However, this might come with risks, such as potential loss of access to your account.Software Lossless Wallets:
These wallets are installed onto your devices, allowing you to manage your Lossless by storing private keys locally. They're user-friendly but susceptible to malware and other cyber threats. They include mobile, desktop, and browser-based wallets.Mobile Lossless Wallets:
Applications enabling management of Lossless on your smartphone.Desktop Lossless Wallets:
Software installed on your computer, storing private keys on your hard drive or SSD.Hardware Lossless Wallets:
Secure offline storage options, like the Tangem Wallet, protecting against online vulnerabilities.
How to Choose the Best Lossless Wallet
Selecting the optimal wallet depends on your personal needs, focusing on factors like simplicity, reliability, and security. For robust protection against online threats and to safely stash substantial crypto amounts, a hardware wallet such as Tangem is highly recommended.
Lossless LSS
Tangem supports other cryptocurrencies
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See all supported cryptosLossless FAQ
- A top wallet for LSS should strike a balance between safety and usability. Tangem provides this by securing keys offline while allowing quick access through your phone.
- Software wallets for Lossless are often free, but hardware wallets usually require a one-time purchase. Sending transactions may involve network fees.
- The best wallet for storing Lossless 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 Lossless wallet is a tool that lets you store, send, and receive your digital assets. It manages your private keys, which prove ownership of your LSS.
- Who Founded Lossless? Lossless was founded byVygendas Masilionis and Domantas Pelaitisin 2021. The Lossless team comprises engineers, DeFi experts, white-hat hackers, and finance professionals.
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