Mirror Protocol wallet
The most secure hardware wallet for your Mirror Protocol
Tangem secures your Mirror Protocol. Discover why thousands rely on our hardware wallet for ultimate peace.
How to secure your Mirror Protocol with Tangem?
When you buy or hold Mirror Protocol 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 Mirror Protocol 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 Mirror Protocol wallet with Tangem.
What is Mirror Protocol (MIR)?
Mirror Protocol, denoted by the token symbol MIR, functions as the governance token for a synthetic asset platform developed by Terraform Labs on the Terra blockchain. This protocol is unique in its commitment to decentralization, eliminating admin keys and special access, thereby leaving all governance and updates to the discretion of MIR token holders. Terraform Labs holds no MIR tokens, enhancing the community-driven nature of the project.
What is a Mirror Protocol (MIR) wallet?
A Mirror Protocol wallet is a storage solution for your private keys, essential for managing your MIR address. It's important to note that the MIR token itself doesn’t reside within the wallet but on the blockchain. The wallet's purpose is to generate and store private keys, providing you with secure access to your MIR account. Essentially, a Mirror Protocol wallet serves as a tool for storing, sending, receiving, and managing your MIR tokens.
How does a Mirror Protocol (MIR) wallet work?
Mirror Protocol wallets utilize pairs of public and private keys to handle blockchain accounts. The private key should remain confidential, securing access to a specific MIR account, while the public key can be shared to receive MIR tokens. To move your funds, you need the private key. Tangem Wallet ensures secure private key generation and storage through its integrated chip.
What are the types of Mirror Protocol (MIR) wallets?
Exchange Mirror Protocol Wallets:
Platforms like Coinbase, Binance, and Kraken facilitate MIR purchases via custodial wallets, converting traditional currency. However, these come with the risk of losing account access.Software Mirror Protocol Wallets:
These wallets, downloaded onto devices, manage your private keys and MIR holdings. While user-friendly, they are susceptible to malware and online threats. They include mobile, desktop, and browser wallet variations.Mobile Mirror Protocol Wallets:
Applications designed for handling MIR tokens directly from smartphones.Desktop Mirror Protocol Wallets:
Programs installed on personal computers, with private keys stored on hard drives or SSDs.Hardware Mirror Protocol Wallets:
Offering offline storage solutions, these wallets, such as Tangem, protect against online risks.
How to Choose the Best Mirror Protocol (MIR) Wallet
Choosing a suitable wallet hinges on personal preference, focusing on ease of use, trustworthiness, durability, and security. To safeguard significant amounts of tokens against digital threats, a hardware wallet like Tangem is advisable.
Tangem supports other cryptocurrencies
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See all supported cryptosMirror Protocol FAQ
- For storing and using MIR, Tangem Wallet is a strong choice thanks to its offline key storage and mobile-friendly design.
- Many Mirror Protocol wallets are free to download. Hardware wallets cost money but offer stronger security by keeping keys offline.
- The best wallet for storing Mirror Protocol 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 Mirror Protocol wallet stores the keys that give you access to your MIR. It can be software-based or a hardware wallet like Tangem for higher security.
- The mirror trading method allows traders in financial markets (and, to a lesser degree, stock markets) to select a trading strategy and to automatically "mirror" the trades executed by the selected strategies in the trader's brokerage account. There are two specifics of mirror trading.