Velo wallet
The most secure hardware wallet for your Velo
Keep your Velo safe and private with Tangem Wallet. Join thousands who trust our secure hardware.
How to secure your Velo with Tangem?
When you buy or hold Velo 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 Velo 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 Velo wallet with Tangem.
What is Velo (VELO)?
Velo Labs has pioneered a federated credit exchange network, utilizing the power of blockchain to introduce the Velo Protocol. This innovative system is designed to issue digital credits and streamline asset transfers across international borders. Velo Labs is dedicated to equipping its partners with the means to execute secure, transparent, and timely transactions.
What is a Velo (VELO) wallet?
A Velo wallet is a tool for holding private keys, crucial for managing your Velo address. While Velo itself resides on the blockchain, the wallet's main role is to generate and store private keys, providing access and control over your Velo accounts. Essentially, a Velo wallet facilitates the storage, sending, receiving, and management of Velo.
How does a Velo (VELO) wallet work?
Velo wallets utilize pairs of public and private keys to oversee blockchain accounts. The private key is essential for securing access to a particular Velo account and must never be shared. The public key, however, is used to receive Velo and can be shared freely. To transact, access to the corresponding private key is required. Tangem Wallet ensures the safe generation and storage of these private keys within its hardware.
What are the types of Velo (VELO) wallets?
Exchange Velo Wallets:
Platforms like Binance and Kraken offer Velo buying options with traditional currencies through custodial wallets, though they carry the risk of restricted access.Software Velo Wallets:
These include applications installed on devices to manage your private keys and Velo. Though convenient, they are susceptible to cyber threats. Mobile, desktop, and browser categories are prevalent.Mobile Velo Wallets:
Smartphone applications for managing Velo on the go.Desktop Velo Wallets:
Programs installed on computers, with private keys saved on hard drives or SSDs.Hardware Velo Wallets:
Offline storage like Tangem offers high security against digital threats.
How to Choose the Best Velo (VELO) Wallet
Selecting an ideal wallet depends on personal priorities such as usability, dependability, and security. If protecting funds against online vulnerabilities and managing significant sums is crucial, a hardware wallet like Tangem is highly recommended.
Tangem supports other cryptocurrencies
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See all supported cryptosVelo FAQ
- A top wallet for VELO should strike a balance between safety and usability. Tangem provides this by securing keys offline while allowing quick access through your phone.
- You can use most software wallets at no cost. Hardware wallets, which offer additional security, must be purchased separately. Network fees may still apply.
- Online wallets can be targeted by malware, phishing, or remote attacks. The best wallets for Velominimize these risks by ensuring your private keys never come into contact with the internet, remaining protected within a secure element.
- A Velo wallet stores the keys that give you access to your VELO. It can be software-based or a hardware wallet like Tangem for higher security.