Velorex wallet
The most secure hardware wallet for your Velorex
Experience peace of mind with your Velorex. Join thousands securing their crypto with Tangem Wallets today!
How to secure your Velorex with Tangem?
When you buy or hold Velorex 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 Velorex 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 Velorex wallet with Tangem.
What is Velorex (VEX)?
Velorex, carrying the ticker symbol VEX, is a decentralized finance token founded on the BEP-20 framework. Aiming for widespread acceptance of its cryptocurrency, Velorex is set on rolling out breakthrough financial tools like Debit Cards and Smart Wallets. These innovations are crafted to seamlessly engage with multiple web3.0 and similar blockchain programs, starting from 2022.
What is a Velorex Wallet?
A Velorex wallet is designed to store private keys, enabling the management of your Velorex address. It doesn’t actually hold Velorex coins; your digital currency is part of the blockchain ecosystem. Its primary role is to generate and maintain these private keys, facilitating access and control over your Velorex accounts. Essentially, a Velorex wallet acts as a hub for storing, sending, receiving, and managing your VEX tokens.
How does a Velorex Wallet work?
Velorex wallets operate using pairs of public and private keys to manage blockchain accounts. The private key, which must be kept secret, provides access to a specific Velorex account, while the public key can be distributed to receive VEX tokens. To initiate a transaction, the corresponding private key is necessary. Tangem Wallet is one such solution that generates and securely stores these private keys in its chip.
What are the types of Velorex wallets?
Exchange Velorex Wallets:
Platforms like Coinbase, Binance, and Kraken offer Velorex purchases against fiat currencies through custodial wallets. However, there are risks such as potential account access loss.Software Velorex Wallets:
Applications installed on your machines to manage private keys and Velorex tokens. While user-friendly, they are more prone to cyber threats like malware. This category includes mobile, desktop, and browser wallets.Mobile Velorex Wallets:
Applications that allow you to manage Velorex on your smartphone.Desktop Velorex Wallets:
Software installed on personal computers to house private keys within hard drives or SSDs.Hardware Velorex Wallets:
Offline storage devices, including Tangem, offering protection against online attacks.
How to Choose the Best Velorex Wallet
Choosing the right wallet depends largely on personal preferences, balancing ease of use with security, dependability, and longevity. For safeguarding large sums of cryptocurrency from online threats, using a hardware wallet like Tangem is advisable.
Tangem supports other cryptocurrencies
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See all supported cryptosVelorex FAQ
- A reliable wallet for VEX 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 Velorex 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 Velorex wallet is a tool that lets you store, send, and receive your digital assets. It manages your private keys, which prove ownership of your VEX.