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Cryptocurrency News Articles

VeChain Launches Compact Hardware Wallet with Tangem for Mass Cryptocurrency Adoption

Apr 05, 2024 at 08:03 pm

VeChain and Tangem have partnered to launch Web3 for B3TR, a credit card-sized hardware wallet limited to 600 units. Co-branded and powered by Tangem, the wallet aims to enhance security for cryptocurrency users. The collaboration aims to foster adoption of Web3 and cross-industry sustainability through VeChain's recently launched VeBetterDAO platform.

VeChain Launches Compact Hardware Wallet with Tangem for Mass Cryptocurrency Adoption

VeChain Partners with Tangem to Pioneer Compact Hardware Wallet for Mass Adoption

VeChain, a leading blockchain platform known for its supply chain management solutions, has announced a strategic partnership with Tangem, a renowned provider of secure cold storage solutions, to create a revolutionary hardware wallet that seamlessly integrates the convenience of a credit card.

Web3 for B3TR: A Compact and Secure Gateway to the Blockchain

This groundbreaking product, aptly named "Web3 for B3TR," embodies the vision of democratizing access to decentralized technologies. The limited edition hardware wallet boasts a sleek and compact form factor, making it easily portable and inconspicuous. Its exclusive availability on the official VeChain platform powered by Tangem underscores the commitment to delivering a user-friendly and secure experience.

Limited Edition Launch: 600 Units Available

Tangem has confirmed the availability of only 600 of these highly sought-after cold wallets, each uniquely co-branded by both companies. VeChain emphasizes that interested users can secure their Web3 for B3TR by utilizing the exclusive discount code "VET10" for a limited time.

Community Enthusiasm and Safety Assurance

The announcement has ignited excitement within the VeChain community, with members eagerly showcasing their acquired hardware wallets. The feedback has unanimously praised the exceptional security and aesthetics of the device. Tangem has clarified that the card does not function like traditional payment cards, but rather relies on the willingness of merchants to accept cryptocurrency transfers.

Market Impact and VeChain's Future Prospects

Despite the promising developments, the native token of VeChain, VET, has experienced a modest decline of 2.79% within the past 24 hours, trading at $0.04036. This downward trend represents a 11.43% drop over the past week and a 12.71% decline over the past month.

The recent launch of VeBetterDAO, a sustainability platform featuring two new tokens, VOT3 and B3TR, has not significantly influenced VET's price action. VeChain remains optimistic about the potential impact of Bitcoin Halving on the cryptocurrency market, expressing keen interest in exploring its implications for Bitcoin and the broader ecosystem.

Tangem's Expansion and Partnership Value

For Tangem, the collaboration with VeChain marks a significant milestone in expanding its partner network. Previously, Tangem established a partnership with PREME Token, providing world-class cold storage solutions to its holders. Tangem's commitment to supporting artists and facilitating the secure trading of NFTs aligns well with VeChain's vision of driving adoption of Web3 technologies.

Empowering Users and Expanding Ecosystems

The partnership between VeChain and Tangem represents a synergistic convergence of expertise, aiming to empower users with cutting-edge solutions that bridge the gap between traditional finance and decentralized technologies. The Web3 for B3TR hardware wallet embodies this mission, enabling individuals to securely navigate the blockchain landscape with unparalleled ease and accessibility.

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Other articles published on Nov 19, 2024