xMoney wallet
The most secure hardware wallet for your xMoney
Preserve your xMoney with the trusted Tangem wallet. Join a large community enjoying peace of mind.
How to secure your xMoney with Tangem?
When you buy or hold xMoney 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 xMoney 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 xMoney wallet with Tangem.
What is xMoney (UTK)?
xMoney, initially known as Utrust, is a dynamic platform aimed at enhancing the way businesses handle payments, be it through cryptocurrencies or traditional fiat money. This transformation came about following its acquisition by the Elrond Foundation, signaling a new era for its operations and branding.
What is an xMoney wallet?
An xMoney wallet acts as a repository for your private keys, empowering you to control your xMoney address effectively. While the wallet doesn’t actually store xMoney itself—since your holdings are recorded on the blockchain—it serves the vital function of generating and keeping your private keys safe. These keys are essential for accessing and managing your xMoney accounts. Essentially, an xMoney wallet is a tool for storing, sending, receiving, and overseeing your xMoney assets.
How does an xMoney wallet work?
An xMoney wallet harnesses pairs of public and private keys to oversee blockchain accounts. The private key is crucial for securing access to an individual xMoney account and must be kept secret. On the other hand, the public key can be shared to facilitate receiving xMoney. Accessing funds requires the corresponding private key, with Tangem Wallet creating and safeguarding these keys within its secure chip.
What are the types of xMoney wallets?
Exchange xMoney Wallets:
Wallets provided by centralized exchanges like Coinbase or Binance, allowing for the purchase of xMoney using traditional currency. These custodial wallets come with the risk of potential withdrawal of account access.Software xMoney Wallets:
Installed on personal devices, these wallets manage private keys and xMoney, simplifying use but exposing them to threats like malware and online attacks. Includes variants like mobile, desktop, and browser wallets.Mobile xMoney Wallets:
Smartphone applications that facilitate xMoney management, providing convenience and portability.Desktop xMoney Wallets:
These are installed directly onto computers, with private keys stored on hard drives or SSDs, enhancing security in a controlled environment.Hardware xMoney Wallets:
Secure offline storage solutions, such as Tangem, protect your xMoney from online security threats, ideal for those wanting to store larger amounts safely.
How to Choose the Best xMoney Wallet
Selecting the right xMoney wallet relies on understanding your own requirements, ensuring factors like simplicity, dependability, durability, and security are met. For safeguarding against digital threats and ensuring optimal preservation of large holdings, a hardware wallet like Tangem comes highly recommended.
Tangem supports other cryptocurrencies
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See all supported cryptosxMoney FAQ
- A top wallet for UTK should strike a balance between safety and usability. Tangem provides this by securing keys offline while allowing quick access through your phone.
- Many xMoney wallets are free to download. Hardware wallets cost money but offer stronger security by keeping keys offline.
- The safest xMoney 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 xMoney. Hardware wallets, such as Tangem Wallet, keep those keys offline for added protection.