Get Tangem
Secure hardware wallet

Tangem. Your wallet.

Slim as a bank card, secure as a bank vault. Store, buy, earn, transfer and swap thousands of coins and tokens.

From $54.90 Get Tangem
  • Swiss-based
  • 25-year warranty
  • EAL6+ security standard
  • Audited by Kudelski Security & Riscure

Tangem Wallet – A walk-through basics of wallet for traders

Tangem Wallet is an innovative solution for managing cryptocurrency, offering a blend of high security, user-friendliness, and portability. Its physical card design and use of NFC technology provide a unique approach to cryptocurrency storage that addresses many of the security and usability concerns associated with other wallet types. For anyone looking to keep their digital assets safe while enjoying the convenience, this wallet will prove to be the right choice for them. Follow through our article till the very end.

Guide to download Tangem wallet

  • Open the Google Play Store or the App Store.
  • In the search box type Tangem Wallet.
  • Now, on the result page select the most authentic link of it.
  • A new page will open on the screen.
  • Then press on to the Download button.
  • The download process will now begin.

After this easy six-step procedure, you will get the wallet application in your account.

How to use Tangem wallet?

Using your Tangem Wallet is straightforward:

  • Check Balance: Tap the card on your phone to see your balance in the app.
  • Send Cryptocurrency: To send cryptocurrency, enter the recipient's address and the amount, then tap your card to confirm the transaction.
  • Receive Cryptocurrency: To receive cryptocurrency, share your Tangem Wallet address with the sender.

While sending assets to another account keep in mind that you will have to pay for the tangem wallet fees as well. You can review about this fee on the official wallet website in detail or ask the existing users about it.

How does Tangem wallet work?

  • Purchasing the Card

    To get started with Tangem Wallet, you need to purchase a Tangem card. These cards are available through Tangem's website and various authorized retailers. The price of the card varies depending on the features and the amount of cryptocurrency it can store.

  • Setting Up the Card

    Once you have your Tangem card, you need to set it up with the Tangem app. Here's how:

  • Download the App:

    Go to the App Store or Google Play and download the Tangem app.

  • Create an Account:

    Open the app and create a new account by following the on-screen instructions.

  • Activate the Card:

    Tap your Tangem card on the back of your smartphone to activate it. The app will guide you through the activation process.

  • Add Funds:

    After activation, you can transfer cryptocurrency to your Tangem Wallet by sending it to the address associated with your card.

Tangem wallet review of features

Below we present you with some of the features or the highlights of the Tangem Crypto wallet with the hope that you will get to learn about this wallet a little better. So, here are a few of its features:

  • User-Friendly Experience

    One of the main barriers to adopting cryptocurrency for many people is the complexity of managing wallets and private keys. Tangem Wallet simplifies this process by eliminating the need for complex setups and maintenance. The card's straightforward tap-to-use functionality and the intuitive Tangem app make it accessible to users of all skill levels.

  • Physical Durability

    The Tangem card is built to withstand everyday wear and tear. Unlike traditional hardware wallets that can be damaged by drops, water, or other physical impacts, the Tangem card is designed to be as durable as a credit card. This durability ensures that your cryptocurrency is protected from physical damage.

  • Instant Transactions

    With Tangem Wallet, transactions are quick and seamless. The NFC technology enables instant communication between the card and your smartphone, allowing you to send and receive cryptocurrency in seconds. This efficiency is beneficial for users who need to make frequent transactions or want to move their assets quickly.

  • Multiple Wallets, One Card

    Tangem Cold Wallet can support multiple wallets on a single card. You can manage different types of cryptocurrencies and accounts without carrying multiple cards or devices. This feature is particularly useful for users with diverse cryptocurrency portfolios.

Comparing Tangem Wallet with Other Wallets

Software Wallets

Software wallets are applications or programs on your computer or phone. They are popular due to their ease of use and accessibility. However, they are more vulnerable to hacking and malware. Tangem Wallet, by storing private keys offline on a physical card, offers superior security compared to software wallets.

Hardware Wallets

Traditional hardware wallets, like USB devices, offer strong security by keeping private keys offline. However, they can be cumbersome to use and require connecting to a computer or phone via USB or Bluetooth. Tangem Wallet provides similar security with greater convenience, as the NFC card can be used quickly with a smartphone.

Paper Wallets

Paper wallets involve printing your private keys on paper. While they are secure from online threats, they are fragile and can be easily lost or damaged. Tangem Wallet combines the security of keeping private keys offline with the durability and ease of use that paper wallets lack.

Potential Drawbacks of Tangem Wallet

  • Limited Storage Capacity

    Tangem Wallet cards have a maximum storage capacity, meaning they can only hold a certain amount of cryptocurrency. If you have a large amount of digital assets, you may need multiple cards or an alternative storage solution. You can look at the Tangem wallet supported coins on the official website.

  • Dependency on Smartphone

    Tangem Wallet requires a smartphone with NFC capability to operate. If you don't have a compatible phone or if your phone is lost or damaged, accessing your funds could be challenging

  • Card Loss or Damage

    While the Tangem card is durable, it can still be lost or damaged. If this happens, recovering your funds might be difficult without backup solutions. Tangem offers support for such cases, but it could involve a complex process to prove ownership and recover access.

Last Thoughts!

The Tangem hardware wallet is a new and unique approach to crypto asset management and storage. Combining top-notch security with the hardware wallet is a great method for protecting assets while giving an innovative wallet to the users. This wallet is embedded with a variety of features such as a friendly interface, portable wallet, and much more. However, the Tangem wallet also has its risks or drawbacks, you need to be careful about them. At the end, we will say that we will surely recommend you to use this hardware wallet.

Faqs –

Is Tangem Wallet hackable?

There is no chance for anyone to hack this hardware wallet because this wallet is embedded with a chip that will operate as a microcomputer of your hardware wallet. It will generate the private key of your account. This chip will stay rooted in your device, making it difficult for anyone to attack it.

What if Tangem goes out of business?

The wallet application will remain in operation even if Tangem goes out of business. The work of this wallet solely depends upon the working of Tangem servers. Thus, you are good to proceed further with this wallet.

What wallets does Tangem support?

This wallet supports over 59 networks such as Cardano, BNB Beacon Chain, Apto, Avalanche C-Chain, Ethereum, Dash, and many more.

How to recover tangem wallet?

To, recover your hardware wallet account, press the settings icon on the installed application and look for the account option. Then follow the rest of the instructions on the screen, to recover your Tangem Wallet account.

What are the disadvantages of Tangem?

The main disadvantage of this wallet is it's not compatible with the NFTs because you need a smartphone with it. Thus, it puts the limit to the accessibility which is a big negative point for the Tangem wallet users.

What happens if someone steals your Tangem card?

There's no issue because, with your Tangem Wallet order, you will receive at least two or more cards as well that you can use as a replacement.