XYO Network wallet
The most secure hardware wallet for your XYO Network
Securely store your XYO Network with Tangem, trusted by thousands for self-custody cold storage!
How to secure your XYO Network with Tangem?
When you buy or hold XYO Network 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 XYO Network 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 XYO Network wallet with Tangem.
What is XYO Network (XYO)?
The XYO Network, also recognized as the XY Oracle Network, presents a visionary project designed to facilitate trust-free transactions using a network of crypto-location instruments. This groundbreaking network connects our present world to a digital future by making real-world locations accessible to smart contracts. Utilizing XYO devices, it becomes feasible to ascertain an object's presence at specific XY-coordinates, enabling various applications to execute transactions through smart contracts.
What is an XYO Network wallet?
An XYO Network wallet is instrumental for storing private keys that enable the management of your XYO address. It's essential to understand that while it secures private keys, it doesn't actually store XYO Tokens; their real residence is on the blockchain. The wallet’s primary function is to create and secure these private keys, granting you access to manage your XYO accounts. To sum up, an XYO Network wallet is indispensable for storing, sending, receiving, and handling XYO Tokens.
How does an XYO Network wallet work?
XYO Network wallets employ public and private key pairs to oversee blockchain accounts. Safeguarding the private key is critical, as it grants exclusive access to a particular XYO account; meanwhile, the public key can be shared to receive XYO Tokens. To move funds, the private key corresponding to the account must be used. Tangem Wallet generates and securely stores these private keys within its chip, ensuring your assets are protected.
What are the types of XYO Network wallets?
Exchange XYO Wallets:
Centralized platforms like Coinbase, Binance, and Kraken offer avenues to purchase XYO Tokens using fiat currencies through custodial wallets, albeit with potential risks such as restricted access.Software XYO Wallets:
These are applications installed on your devices, managing your private keys and XYO holdings. While user-friendly, they are susceptible to malware and cyber threats. This category includes mobile, desktop, and browser wallets.Mobile XYO Wallets:
These applications facilitate the management of XYO Tokens directly on your smartphone.Desktop XYO Wallets:
Designed for computers, these wallets house private keys on your device’s hard drive or SSD.Hardware XYO Wallets:
Tangem Wallet exemplifies offline storage options, offering protection against online vulnerabilities.
How to Choose the Best XYO Network Wallet
Selecting the right wallet requires an understanding of personal preferences, where factors like ease of use, reliability, and security are paramount. For those looking to counteract online threats and safeguard substantial cryptocurrency holdings, a hardware wallet such as Tangem is advisable.
Tangem supports other cryptocurrencies
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See all supported cryptosXYO Network FAQ
- A top wallet for XYO should strike a balance between safety and usability. Tangem provides this by securing keys offline while allowing quick access through your phone.
- Software wallets for XYO Network are often free, but hardware wallets usually require a one-time purchase. Sending transactions may involve network fees.
- The best wallet for storing XYO Network is one that keeps your private keys offline while remaining easy to manage. Tangem offers this balance by placing keys in an offline card that you tap with your phone, providing both high security and simple everyday use.
- A XYO Network wallet is a tool that lets you store, send, and receive your digital assets. It manages your private keys, which prove ownership of your XYO.
- Binance: Where The World Trades XYOTrading crypto on Binance is easy and intuitive. You only need a few steps to buy XYO.
- Markus Levin, Co-Founder of XYO and Head of Operations for XY Labs, recently joined the Bitcoin.com News Podcast to share his extensive journey through the crypto landscape.