Merlin Chain wallet
The most secure hardware wallet for your Merlin Chain
Secure your precious Merlin Chain with Tangem Wallet, trusted by countless satisfied users worldwide.
How to secure your Merlin Chain with Tangem?
When you buy or hold Merlin Chain 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 Merlin Chain 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 Merlin Chain wallet with Tangem.
What is Merlin Chain (MERL)?
Merlin Chain serves as a Layer2 enhancement for Bitcoin, designed to expand its capabilities. It supports native Layer1 assets alongside a range of additional protocols. As an EVM-compatible chain, it promises minimal transaction costs and impressive scalability, ensuring swift transaction finalization and improved liquidity.
What is a Merlin Chain wallet?
A Merlin Chain wallet is your gateway to managing private keys linked to your MERL address, rather than holding the cryptocurrency itself, which remains on the blockchain. Its primary function is to generate and securely store private keys, granting you control over your MERL accounts and facilitating transactions.
How does a Merlin Chain wallet work?
Merlin Chain wallets utilize a combination of public and private keys to manage interactions on the blockchain. Your private key is a unique code to access your MERL account and must be kept private, while the public key can be shared to receive MERL from others. To make transactions, the private key is essential. Tangem Wallet manages the generation and secure storage of these keys within its hardware.
What are the types of Merlin Chain wallets?
Exchange Merlin Chain Wallets:
Centralized platforms like Coinbase or Binance offer custodial wallets where you can acquire MERL using ordinary currency. However, they could restrict access to your account at any time.Software Merlin Chain Wallets:
These are applications you install on your devices to manage your MERL and associated keys. While user-friendly, they remain susceptible to cyber threats such as malware. They come in variations including mobile, desktop, and browser extensions.Mobile Merlin Chain Wallets:
These are apps for smartphones, allowing on-the-go management of your MERL investments.Desktop Merlin Chain Wallets:
Software used on a PC, storing private keys on local storage like hard drives or SSDs.Hardware Merlin Chain Wallets:
Offline devices like Tangem, offering enhanced security by keeping keys away from internet threats.
How to Choose the Best Merlin Chain Wallet
The right wallet for you will depend on your priorities, such as ease of use, reliability, and security. For robust protection against online risks and secure storage of large sums, a hardware wallet like Tangem is advised.
Tangem supports other cryptocurrencies
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See all supported cryptosMerlin Chain FAQ
- A reliable wallet for MERL should prioritize robust security and user-friendly access. Tangem offers offline protection coupled with straightforward mobile management.
- Many Merlin Chain wallets are free to download. Hardware wallets cost money but offer stronger security by keeping keys offline.
- Online wallets can be targeted by malware, phishing, or remote attacks. The best wallets for Merlin Chainminimize these risks by ensuring your private keys never come into contact with the internet, remaining protected within a secure element.
- A Merlin Chain wallet is a tool that lets you store, send, and receive your digital assets. It manages your private keys, which prove ownership of your MERL.
- Merlin Chain isa Bitcoin-native Layer 2 solution that enhances the scalability and security of the Bitcoin network.