Possum wallet
The most secure hardware wallet for your Possum
Join a massive network trusting Tangem to guard their Possum. Cold storage security you can rely on daily.
How to secure your Possum with Tangem?
When you buy or hold Possum 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 Possum 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 Possum 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 Possum (PSM)?
Possum is an innovative initiative by Possum Labs, focusing on the future of financial solutions by promoting fairness, transparency, and collaboration. Inspired by the notion of 'positive sum' benefits, the project aims to deliver advantages to all its users without disadvantaging anyone.
What is a Possum wallet?
A Possum wallet is a digital tool that stores your private keys, allowing you to manage your Possum (PSM) holdings on the blockchain. It doesn’t physically store the cryptocurrency; instead, it gives you access to your PSM address and lets you send, receive, and manage your Possum assets securely on the blockchain.
How does a Possum wallet work?
Possum wallets function through a pair of public and private keys to control blockchain transactions. Your public key receives PSM, while the private key, which you must keep confidential, grants the access needed to spend your coins. Possum wallets, like those powered by Tangem, generate and store the private keys securely within their technology.
What are the types of Possum wallets?
Exchange Possum Wallets: Centralized platforms like Coinbase, Binance, and Kraken facilitate trading with custodial wallets. However, they carry risks including potential access restrictions.
Software Possum Wallets:
These are applications you install on your device to manage private keys. They are convenient but can be susceptible to malware and cybersecurity threats. They include mobile, desktop, and browser wallet varieties.Mobile Possum Wallets: Smartphone applications that allow users to manage their PSM on the go.
Desktop Possum Wallets: Installed directly on your computer, these store your private keys locally.
Hardware Possum Wallets: These are offline devices that provide an extra layer of security against online risks, favored by Tangem for its safety features.
How to Choose the Best Possum Wallet
The choice of a Possum wallet hinges on your specific requirements, such as ease of use, reliability, and security. If maximum security for large holdings is your priority, opting for a hardware wallet like Tangem is advisable to mitigate online risks while ensuring peace of mind.
Possum PSM
Tangem supports other cryptocurrencies
Reliability and convenience at your fingertips. Manage thousands of cryptocurrencies with peace of mind anywhere and anytime
See all supported cryptosPossum FAQ
- The best wallet for PSM is one that keeps your keys safe while staying easy to use. Tangem Wallet delivers both security and convenience in one solution.
- Software wallets for Possum are often free, but hardware wallets usually require a one-time purchase. Sending transactions may involve network fees.
- Online wallets can be targeted by malware, phishing, or remote attacks. The best wallets for Possumminimize these risks by ensuring your private keys never come into contact with the internet, remaining protected within a secure element.
- A Possum wallet is a tool that lets you store, send, and receive your digital assets. It manages your private keys, which prove ownership of your PSM.
Related articles
