About Tangem

Tangem is a brand of hardware cryptocurrency wallets, best known for their iconic cards. Tangem Cards use state-of-the-art secure chips to easily set up and safely manage hundreds of cryptocurrencies without ever exposing the private keys online.The Tangem app provides access to an interface to view your assets and interact with your device through NFC technology. In the app, you will also be able to add custom tokens, manage NFTs, connect to dApps, stake crypto and swap most of the supported assets.

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Tangem Pros and Cons

Pros

  • Exceptional security

    Hardware crypto wallets already provide an extra layer of security by isolating private keys. Tangem walks the extra mile by using cutting edge chips, auditing the firmware, and enabling additional authentication in the software.

  • Convenient form-factor

    The card form factor makes the Tangem wallets effortlessly portable. Every set comes with backup cards. Tangem has also unveiled an addition to their roster of products, the soon-to-be-released Tangem Ring.

  • App with loads of features

    The open-source companion app for Tangem is chock full of features which would make some hot software wallets pale in comparison. You can use it for everything from sending and receiving to staking and connecting to dApps.

Cons

  • Upfront cost

    Like other hardware wallets, getting one requires to spend some. The cheapest set of two cards starts at $54.90 without shipping costs.

  • Smartphone only

    Due to the form factor and NFC connection use, the Tangem app is smartphone only. To use it, you will need a device with full NFC support and Android OS 6.0 or higher or iOS 15.0 or higher.

Final Verdict

Tangem offers conspicuous hardware wallets at a price lower than other brands. The companion app is on par with the most feature-fitted hot wallets.

CategoryRating
Security90/100
User-Friendliness80/100
Popularity70/100
Supported Coins80/100

FAQ

What wallets does Tangem support?

Tangem supports 73 blockchain networks and all tokens on the supported blockchains.

Is Tangem a hard wallet?

Tangem is a cold hardware wallet: the chip embedded in the card generates cryptographic keys, and the device supports only NFC connection.

Where is Tangem wallet made?

Tangem AG is registered in Zug, Switzerland. Depending on the location, the cards may be made in and shipped from branches closer to the shipping address.

How does the Tangem wallet work?

The chip in the Tangem card generates a set of cryptographic keys or copies a backup set, depending on what is prompted by the companion app. After the setup, which takes a few minutes, signing a transaction with the keys stored in the card is as easy as tapping a card against the back of the smartphone.