Overnight.fi USD+ wallet
The most secure hardware wallet for your Overnight.fi USD+
Join thousands who trust Tangem to store their Overnight.fi USD+ securely. Experience top-notch security and convenience.
How to secure your Overnight.fi USD+ with Tangem?
When you buy or hold Overnight.fi USD+ 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 Overnight.fi USD+ 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 Overnight.fi USD+ wallet with Tangem.
What is Overnight.fi USD+ (USD+)?
Overnight.fi USD+ (USD+) is a stablecoin crafted to offer a yield, delivering an annual percentage yield (APY) of 8-12% via a daily rebase system. This stablecoin is completely supported by a diverse portfolio of liquid, yield-generating, and low-risk decentralized finance (DeFi) assets, primarily through lending protocols and stablecoin-based liquidity pools. This setup enables USD+ to sidestep losses and generate profits on a daily basis, offering instant minting and redemption in exchange for USDC upon request.
What is a USD+ wallet?
A USD+ wallet is a digital tool designed to store private keys, linking you to your USD+ address. While it doesn’t physically hold USD+ tokens, as they remain on the blockchain, its function is to create and manage these private keys, granting you access and control over your USD+ accounts. Essentially, a USD+ wallet is used for storing, transacting, receiving, and managing your USD+ holdings.
How does a USD+ wallet function?
USD+ wallets operate using public and private key pairs to administer blockchain accounts. The private key, safeguarding access to a particular USD+ account, must remain confidential, while the public key is shareable for receiving USD+. Accessing funds necessitates the associated private key. Tangem Wallet securely generates and stores these private keys within its chip, ensuring protection.
What are the categories of USD+ wallets?
Exchange USD+ Wallets:
Centralized platforms like Coinbase, Binance, and Kraken facilitate USD+ purchases through custodial wallets, where fiat currency can be exchanged. This involves certain risks, such as potential revocation of account access.Software USD+ Wallets:
These are installed on devices to manage private keys and USD+ tokens. User-friendly yet susceptible to malware and cyber threats, they include mobile, desktop, and browser variants.Mobile USD+ Wallets:
Applications to oversee USD+ transactions directly from smartphones.Desktop USD+ Wallets:
Downloaded onto computers, housing private keys on storage drives.Hardware USD+ Wallets:
Tangem Wallet is an example of offline storage solutions, safeguarding against online risks.
How to Choose the Right USD+ Wallet
Choosing the optimal wallet involves assessing personal needs, focusing on ease, reliability, durability, and security. For substantial, secure storage and protection against digital threats, a hardware wallet like Tangem is advisable.
Tangem supports other cryptocurrencies
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See all supported cryptosOvernight.fi USD+ FAQ
- A top wallet for USD+ should strike a balance between safety and usability. Tangem provides this by securing keys offline while allowing quick access through your phone.
- Many Overnight.fi USD+ wallets are free to download. Hardware wallets cost money but offer stronger security by keeping keys offline.
- The safest Overnight.fi USD+ 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.
- This type of wallet secures the private keys required to use your Overnight.fi USD+. Hardware wallets, such as Tangem Wallet, keep those keys offline for added protection.