RedStone wallet
The most secure hardware wallet for your RedStone
Store your RedStone confidently. Join a large user base trusting Tangem for secure, self-custodial solutions.
How to secure your RedStone with Tangem?
When you buy or hold RedStone in Tangem, it secures your private keys in many ways:
- With Tangem's seedless setup and multi-card backup, your RedStone stays in your hands only.
- IP69K water/dust protection keeps the cards safe from heat, cold, shocks, and X-rays.
- Access code + biometric lock inside Tangem Mobile prevent unauthorized use.
- Private keys are generated and stored inside the EAL6+ secure element — never leaving the card.
How to get a RedStone 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.
Buy TangemWhy choose RedStone wallet with Tangem.
What is RedStone (RED)?
RedStone is an oracle: a network of data providers that signs price data off-chain and delivers it to lending markets, stablecoin issuers and yield protocols that need to know what their collateral is worth. Its specialty is the harder feeds - liquid staking and restaking tokens, Bitcoin LSTs, tokenized real-world assets - where a price has to track a rate that changes on-chain rather than a simple spot quote. RED is the token of that network.
What RED does: node operators who sign feeds stake it, and a signed value that turns out to be wrong can cost them their stake. For a plain holder none of that happens on its own. RED in a wallet is a static ERC-20 balance: it does not grow, split or change shape. Taking part in staking is a separate action you deliberately sign, not something the token does in the background.
Where it lives: RED is an ERC-20 on Ethereum, and there is a version on Base as well. Both networks pay fees in ETH, but it is the ETH of the network you are sending from, so an Ethereum RED transfer needs a little Ethereum ETH and a Base RED transfer needs Base ETH. Part of the token was first distributed through an exchange launchpool, so many balances first arrived as a withdrawal, and the network picked at that moment is the network the RED sits on now. The ticker RED is also worn by unrelated tokens on other chains; the oracle token is the one issued by RedStone.
Supported networks in Tangem (2): Base, Ethereum. Ethereum RED and Base RED appear in the Tangem app as two separate entries, so when you send, you are choosing a network, not just pasting an address. The same address on the wrong network is a mistake no wallet can see for you, which is exactly why it helps that the choice sits in plain view rather than behind a default. For a token that lives in two places, that visibility is the reason to keep RED here.
Tangem supports other cryptocurrencies
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See all supported cryptosRedStone FAQ
- A reliable wallet for RED should prioritize robust security and user-friendly access. Tangem offers offline protection coupled with straightforward mobile management.
- You can use most software wallets at no cost. Hardware wallets, which offer additional security, must be purchased separately. Network fees may still apply.
- A strong RedStone wallet uses dedicated hardware to safeguard private keys. Tangem uses a specialized security chip, similar to those found in banking cards and passports, which keeps keys isolated and reduces the risk of unauthorized access or data compromise.
- A RedStone wallet is a tool that lets you store, send, and receive your digital assets. It manages your private keys, which prove ownership of your RED.
- RED is an ERC-20 on Ethereum, and there is a version on Base as well. On both networks the transfer fee is paid in ETH of that network, so you need a little Ethereum ETH for Ethereum RED and Base ETH for Base RED.
- No. RED is a plain ERC-20 balance that does not rebase or accrue. Staking by node operators is a separate action you have to sign; simply holding the token changes nothing.
- No. Several unrelated tokens on other chains use the ticker RED. The oracle token is the one issued by RedStone on Ethereum and Base, so check the network and the issuer rather than the ticker alone.
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