Best Dexlab Wallets
Where To Store Dexlab (DXL) Safely and Securely
Getting Started -
What Is Dexlab?
Dexlab is an SPL token operating on the Solana blockchain which allows it to be stored on a wide range of wallets of both the hardware and software variety. We’ll be going over a few DXL wallets that are highly recommended by Traders and Investors.
Dexlab (DXL) is available for purchase on the following exchanges
If you’re unfamiliar with Dexlab (DXL), follow the link below.
![Crypto Wallets](https://www.pickacrypto.com/wp-content/uploads/2020/10/Crypto-Wallets.jpg)
![Ledger Hardware Wallet](https://www.pickacrypto.com/wp-content/uploads/2020/02/Ledger-Hardware-Wallet.jpg)
Hardware Wallets -
Ledger Nano
One of the best places to store Dexlab (DXL) is in an encrypted hardware wallet like those made by Ledger. Hardware wallets use extremely high end encryption techniques to keep your funds safe and secure from sophisticated network attacks or even simple phishing scams that users keeping their funds in a software or website wallet may encounter. Hardware wallets even allow users to recover funds via a mnemonic seed phrase just in case the wallet is stolen, damaged or otherwise compromised.
Ledger have entry level models available for around $50-$60 USD with the Ledger Nano S and Ledger Nano X being the most popular hardware wallets on the market today. Both hardware wallets are capable of storing Dexlab (DXL), keeping it offline and secure.
Hardware Wallets -
Ledger or Trezor
One of the best places to store Dexlab (DXL) is in an encrypted hardware wallet like those made by Ledger. Hardware wallets use extremely high end encryption techniques to keep your funds safe and secure from sophisticated network attacks or even simple phishing scams that users keeping their funds in a software or website wallet may encounter. Hardware wallets even allow users to recover funds via a mnemonic seed phrase just in case the wallet is stolen, damaged or otherwise compromised.
Ledger have entry level models available for around $50-$60 USD with the Ledger Nano S and Ledger Nano X being the most popular hardware wallets on the market today. Both hardware wallets are capable of storing Dexlab (DXL), keeping it offline and secure.
![Ledger Hardware Wallet](https://www.pickacrypto.com/wp-content/uploads/2020/02/Ledger-Hardware-Wallet.jpg)
A Multi-Platform Wallet -
Trust Wallet
Trust Wallet, a wallet officially supported by Binance is one of the most popular wallets among Traders and Investors and is a great place to store Dexlab (DXL). If you’re just getting started with cryptocurrencies or simply looking for a place to store your DXL on a secure device, a mobile wallet may be suitable due to the convenience, security and backup options they provide.
Get started by downloading Trust Wallet on Android or iOS and follow the simple tutorial to setup a new Wallet. Dexlab (DXL) can be sent directly to your Trust Wallet along with any other SPL coins you wish to keep safe and the Team are constantly adding support for new coins. Visit the official Trust Wallet Help Page in case of any issues.
![Trust Wallet Website](https://www.pickacrypto.com/wp-content/uploads/2020/02/Trust-Wallet-Website.jpg)
![Phantom Crypto Wallet](https://www.pickacrypto.com/wp-content/uploads/2022/10/Phantom-Crypto-Wallet.jpg)
A Solana Wallet -
Phantom Wallet
Dexlab (DXL) can be stored in Phantom Wallet, a wallet with Android, iOS and several desktop versions available. Phantom Wallet supports over 300+ cryptocurrencies including DXL and all other SPL tokens. Phantom Wallet also supports NFTs and a built-in Exchange which users can use to swap back and forth between all of the assets supported, including Dexlab.
Wallets that offer both mobile and desktop versions are extremely convenient but can also be less secure simply due to the Team having to ensure no exploits are present on all versions. In our opinion it is essential that you only install a desktop wallet on a clean, secure machine that has little to no access to the Internet. Mobile wallets are often regarded by some as safer due to malware not being as prevalent on mobile operating systems.
Dexlab (DXL) can be sent directly to your Phantom Wallet along with any other SPL coins you with to keep safe and the Team are constantly adding support for new coins. Visit the official Phantom Wallet Knowledge Base in case of any issues.
A Solana Wallet -
Phantom Wallet
Dexlab (DXL) can be stored in Phantom Wallet, a wallet with Android, iOS and several desktop versions available. Phantom Wallet supports over 300+ cryptocurrencies including DXL and all other SPL tokens. Phantom Wallet also supports NFTs and a built-in Exchange which users can use to swap back and forth between all of the assets supported, including Dexlab.
Wallets that offer both mobile and desktop versions are extremely convenient but can also be less secure simply due to the Team having to ensure no exploits are present on all versions. In our opinion it is essential that you only install a desktop wallet on a clean, secure machine that has little to no access to the Internet. Mobile wallets are often regarded by some as safer due to malware not being as prevalent on mobile operating systems.
Dexlab (DXL) can be sent directly to your Phantom Wallet along with any other SPL coins you with to keep safe and the Team are constantly adding support for new coins. Visit the official Phantom Wallet Knowledge Base in case of any issues.
![Phantom Crypto Wallet](https://www.pickacrypto.com/wp-content/uploads/2022/10/Phantom-Crypto-Wallet.jpg)
A Web-Based Wallet -
Solflare
You can also store Dexlab (DXL) on one of the most trusted, tried and tested wallets; Solflare. All SPL tokens including Dexlab (DXL) can be stored on the Solana blockchain using Solflare, without the need to download any clients or software.
Solflare offers Traders and Investors a web-based solution that allows them to login from anywhere. While Users need to remain cautious about phishing attempts by fake copies of the website, with both a secure device and internet connection you can use your Ledger hardware wallet, your mnemonic key phrase or a wide range of other sign-in methods to access your funds.
Dexlab (DXL) can be sent directly to your Solflare address along with any other SPL coins you wish to keep safe. Solflare will always support new SPL tokens as they come online. Visit the official Solflare Help Page in case of any issues.
![Solflare Crypto Wallet](https://www.pickacrypto.com/wp-content/uploads/2022/10/Solflare-Crypto-Wallet.jpg)
![Binance Website](https://www.pickacrypto.com/wp-content/uploads/2020/02/Binance-Website.jpg)
Other Methods -
On An Exchange
If you’re an active Trader who requires quick access to funds, you can also store Dexlab (DXL) on an Exchange that supports it. While we cannot recommend leaving any funds on Exchanges at any time, Exchanges such as Binance, Kucoin and Huobi have a long history of security and have been reliable to their Customers even after an attack.
Exchanges such as Binance and Kucoin do offer staking services to Customers who rely on them to keep their funds safe which has made this a more attractive option for those who wish to run less wallets or cannot meet the full requirements to stake.
While we’ve seen funds returned to Customers after hacks in the past, keeping any amount of Dexlab (DXL) in the care of a third-party will always inherit a certain amount of risk, which can be avoided with some of the previously listed solutions.
Other Methods -
On An Exchange
If you’re an active Trader who requires quick access to funds, you can also store Dexlab (DXL) on an Exchange that supports it. While we cannot recommend leaving any funds on Exchanges at any time, Exchanges such as Binance, Kucoin and Huobi have a long history of security and have been reliable to their Customers even after an attack.
Exchanges such as Binance and Kucoin do offer staking services to Customers who rely on them to keep their funds safe which has made this a more attractive option for those who wish to run less wallets or cannot meet the full requirements to stake.
While we’ve seen funds returned to Customers after hacks in the past, keeping any amount of Dexlab (DXL) in the care of a third-party will always inherit a certain amount of risk, which can be avoided with some of the previously listed solutions.
![Binance Website](https://www.pickacrypto.com/wp-content/uploads/2020/02/Binance-Website.jpg)
Your DXL Is Safe
You've successfully stored your Dexlab (DXL) in a compatible, secure wallet
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