ParaSwap wallet
The most secure hardware wallet for your ParaSwap
Protect your ParaSwap with Tangem Wallet. Join countless users enjoying secure, self-custodial storage solutions.
How to secure your ParaSwap with Tangem?
When you buy or hold ParaSwap 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 ParaSwap 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 ParaSwap 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 ParaSwap (PSP)?
ParaSwap stands as a premier DeFi aggregator, drawing liquidity from a myriad of decentralized exchanges and lending platforms into a user-friendly interface and accessible APIs. It's designed to advance DeFi participation by simplifying trading processes for both individual users and large-scale traders, offering avenues to tap into varied liquidity pools seamlessly.
What is a ParaSwap wallet?
A ParaSwap wallet manages private keys, essential for handling your ParaSwap (PSP) address. While it doesn't store the PSP tokens themselves, since they exist on the blockchain, it is key to accessing and overseeing your PSP holdings. The wallet essentially serves to generate and safeguard these private keys, enabling efficient management of PSP activities.
How does a ParaSwap wallet work?
ParaSwap wallets utilize pairs of keys—public and private—to manage activities on the blockchain. The private key is your gateway to the corresponding PSP account and should remain confidential, while the public key is shareable to receive PSP transactions. To authorize fund movements, a private key is necessary, and Tangem Wallet secures these keys within its chip for enhanced security.
What are the types of ParaSwap wallets?
Exchange ParaSwap Wallets:
Platforms like Coinbase and Binance provide custodial wallets to buy PSP with fiat currencies. However, centralized control poses certain risks.Software ParaSwap Wallets:
Apps installed on devices to manage private keys and PSP. These are convenient yet subject to cybersecurity threats. Variants include mobile, desktop, and browser-based wallets.Mobile ParaSwap Wallets:
Smartphone applications designed for managing PSP cryptocurrencies on the go.Desktop ParaSwap Wallets:
Software installed on PCs to store private keys within local drives.Hardware ParaSwap Wallets:
Devices like Tangem that offer offline storage solutions to safeguard against online vulnerabilities.
How to Choose the Best ParaSwap Wallet
Choosing the right wallet depends on personal requirements, emphasizing user-friendliness, reliability, and security. For comprehensive protection and large asset storage, a hardware wallet such as Tangem is advised.
ParaSwap PSP
Tangem supports other cryptocurrencies
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See all supported cryptosParaSwap FAQ
- A reliable wallet for PSP should prioritize robust security and user-friendly access. Tangem offers offline protection coupled with straightforward mobile management.
- Software wallets for ParaSwap are often free, but hardware wallets usually require a one-time purchase. Sending transactions may involve network fees.
- The safest ParaSwap 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 ParaSwap wallet is a tool that lets you store, send, and receive your digital assets. It manages your private keys, which prove ownership of your PSP.
- ZeroSwap defines itself asa multi-chain, zero-fee, on-chain trading platform along with liquidity, DeFi, token offerings, mining, and DEX aggregation features.
- It is designed toallow blockchains to exchange messages and perform transactions with each other without a trusted third-party. This allows for cross-chain transfers of data or assets, between different blockchains, and for decentralized applications (DApps) to be built using the Polkadot Network.
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