Tangem Wallet: A Detailed Review of a Reliable Hardware Cold Wallet
The cryptocurrency market is rapidly evolving, offering more and more solutions for securely storing digital assets. One such solution is the Tangem Wallet – a hardware cold wallet that combines a high level of protection, user convenience, and support for thousands of cryptocurrencies.
This article explores the key features of the Tangem Wallet, supported networks, advantages, possible limitations, and recommendations for enhancing the security of crypto storage.
What is Tangem Wallet?
Tangem Wallet is a hardware cold crypto wallet in the form of plastic cards with an integrated chip. These cards provide offline storage of cryptocurrencies without requiring a constant internet connection, significantly reducing the risk of hacks and fraud.
Each Tangem card is equipped with a built-in chip that generates a unique private key when first tapped to an NFC-enabled device. The user doesn’t need to write down or remember a seed phrase — access is granted through a PIN code and, optionally, biometric protection.
When purchasing Tangem, the user receives a set of two or three identical cards. One acts as the main card, and the others serve as backups in case the main one is lost. All cards are equal in status and interchangeable.
How Does Tangem Wallet’s Security Work?
One of Tangem Wallet’s main features is the absence of a traditional seed phrase. This eliminates the risk of it being leaked or lost. Access to the wallet is only possible with the physical card and the correct access code. Without both, an attacker cannot access your assets.
Tangem Wallet allows you to:
- Buy and sell cryptocurrency;
- Swap between assets;
- Store thousands of different tokens;
- Use DeFi apps via WalletConnect.
For the most up-to-date list of supported cryptocurrencies, check the Tangem app or website.
Transfers within the wallet are free of charge. Fiat purchases of cryptocurrency are subject to fees based on the Mercuryo service.
Advantages of Tangem Wallet
- Form factor: standard plastic card that fits easily in a wallet.
- DeFi support: integration with WalletConnect to connect to decentralized apps.
- Affordable price: sets of 2 or 3 cards available for 5800 to 7600 RUB.
- Open-source code: the Tangem app does not store user data.
- Backup cards: restore access if the main card is lost.
- Support for thousands of tokens: a wide range of assets via the app and website.
- Attack resistance: protection from both physical and digital breaches.
Drawbacks to Consider
- NFC dependency: an NFC-enabled device is required for setup and operation.
- No PC support: there is no desktop version of the app.
How to Set Up and Use Tangem Wallet?
- Install the Tangem app from the App Store or Google Play.
- Tap the card to your phone to generate a private key.
- Add backup cards and sync them with the main one.
- Create a PIN code for access.
- Complete the setup by scanning all cards again.
Once set up, you can add tokens and networks, buy crypto with fiat, and send it to other users.
Which Networks Does Tangem Support?
The wallet supports over 55 networks, including:
- Bitcoin, Ethereum, Solana, TRON, Polygon
- Cardano, Dogecoin, Polkadot, Litecoin, Stellar
- VeChain, Kaspa, and others
The full list is available in the app. When adding a token, the systеm suggests both native and alternative networks.
How to Improve Tangem Wallet Security?
- Create a unique and strong password for each card.
- Enable biometric protection.
- Do not store cards and passwords in the same place.
- Use backup cards only as copies, not separate wallets.
- Report any suspicious activity to support.
Conclusion: Is Tangem Wallet Worth Using?
Tangem Wallet is a modern solution for secure cryptocurrency storage, combining the convenience of plastic cards with a high level of protection. Thanks to the Tangem chip, IP68 protection, and a 25-year warranty — it is an excellent choice for long-term and reliable asset storage.