Tangem, a top-tier provider of crypto cold wallets, has announced the integration of Shibarium—Shiba Inu’s Layer-2 scaling solution. This strategic move strengthens the SHIB ecosystem while offering users enhanced functionality, including low-cost transactions and support for Shibarium-based tokens.
Why This Integration Matters
- Self-Custody Security: Amid rising demand for hardware wallets post-FTX collapse, Tangem provides a secure self-custody solution for Shiba Inu holders.
- Ecosystem Expansion: Users can now store Shiboshis NFTs and other Shibarium-native assets securely.
- Transaction Efficiency: Leverage Shibarium’s speed and affordability for DeFi and NFT operations.
"We’ve begun integrating the Shibarium Network—exciting times ahead!"
— Tangem (@Tangem)
👉 Explore Tangem’s Secure Wallet Solutions
The Integration Process Explained
Tangem’s integration involves a multi-step technical process:
- API Sourcing: Identifying the correct blockchain API.
- Address Encoding: Converting public keys into compatible addresses.
- Data Fetching: Retrieving network-specific data.
- Transaction Execution: Enabling seamless on-chain operations.
The team expects completion by late February 2024, followed by an app update for Shibarium support.
Tangem x Shiba Inu: A Growing Partnership
- 2023 Collaboration: Launched SHIB-branded Tangem wallets, met with overwhelming demand.
- Community-Driven: Integration stems from direct feedback by the SHIB Army.
- Bad Idea AI Tie-Up: Joint release of 350 limited-edition hardware wallets in October 2023.
👉 Why Cold Wallets Are Essential for Crypto Security
Shibarium’s Rising Adoption
- CoinMarketCap & CoinGecko: Recently listed Shibarium, boosting visibility.
- 300K+ Daily Transactions: Demonstrates robust network activity.
FAQ Section
Q: How does Shibarium benefit Shiba Inu holders?
A: It enables faster, cheaper transactions and supports dApps and NFTs within the ecosystem.
Q: When will Tangem’s Shibarium integration finish?
A: Expected by end of February 2024.
Q: Can I store Shiboshis NFTs on Tangem?
A: Yes—post-integration, the wallet will support Shibarium-based NFTs.
Q: Is Tangem’s wallet user-friendly for beginners?
A: Absolutely! Its plug-and-play design simplifies self-custody.
Final Notes: This integration marks another milestone for Shiba Inu’s utility-focused growth. As Web3 evolves, partnerships like Tangem x SHIB underscore the importance of security and innovation in decentralized finance.
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