Safeguard Your Crypto with Tangem Hardware Wallet

On the Osho, we prioritize self-custody when it comes to cryptocurrencies. Centralized exchanges may not be the best option for storing your crypto assets securely. That’s why we have partnered with Tangem to introduce their amazing hardware wallet that makes storing your crypto super easy. In this article, we will discuss what Tangem is, how it works, and how to set it up on your mobile device.

What is Tangem?

Tangem is a card-style hardware wallet that works with your mobile device. It features a chip that generates a private key when you create a new wallet. The card only works with your PIN, ensuring that you are the only one who can access your cryptocurrency. The private key never leaves the chip once it’s been activated, making it virtually impossible to steal. Unlike other hardware wallets, Tangem does not rely on a private key or seed phrase that can be compromised. To access your crypto, you need the Tangem card, your PIN, and your phone.

Setting up Tangem Wallet

Setting up the Tangem wallet is a straightforward process. The Tangem wallet includes three sets of cards, and you get to keep one. You can store the other two safely or even leave one with an attorney for added security. The cards are also IP68 rated, which means they are water and dust resistant. You can even bury them in the mud or go swimming with them without worrying about damage.

To set up the Tangem wallet, follow these steps:

1. Download the Tangem app from the iOS Store or Google Play Store.
2. Open the app and select “Scan Card” to begin the setup process.
3. Tap the Tangem card as shown on the screen and hold until the operation is complete.
4. Accept the terms of service and legal disclaimer.
5. Tap the card again to create a wallet.
6. Backup your wallet by adding backup cards.
7. Finalize the backup process by creating an access code and scanning the primary and backup cards.

Once the setup is complete, you can start using the Tangem wallet to store your cryptocurrencies securely.

Using the Tangem Wallet

The Tangem wallet supports over 2500 cryptocurrencies on its app. You can easily add tokens to your wallet by searching for them in the app and saving the changes. The wallet allows you to exchange, send, copy, and share addresses for your cryptocurrencies. If you want to buy or sell cryptocurrencies, you can set up one of your cards to do so directly on the app.

The Tangem wallet provides a safe and convenient way to store your cryptocurrencies. Whether you’re actively trading or investing, you can securely custody your crypto assets with Tangem.

Frequently Asked Questions (FAQs)

1. Is Tangem a secure way to store my cryptocurrencies?
Yes, Tangem provides a high level of security for your cryptocurrencies. The private key is generated and stored on the chip, ensuring that it cannot be stolen. The card only works with your PIN, and there is no private key or seed phrase that can be compromised.

2. Can I use Tangem on my mobile device?
Yes, Tangem works with your mobile device. You can download the Tangem app from the iOS Store or Google Play Store and set up the wallet on your phone.

3. How many cryptocurrencies does Tangem support?
Tangem supports over 2500 cryptocurrencies on its app. You can easily add tokens to your wallet and manage them securely.

4. Can I buy and sell cryptocurrencies with Tangem?
Yes, you can buy and sell cryptocurrencies directly on the Tangem app. You can set up one of your cards to facilitate the transactions.

5. How durable are the Tangem cards?
The Tangem cards are IP68 rated, which means they are water and dust resistant. They can withstand various environmental conditions, making them durable and reliable.

Conclusion

The Tangem hardware wallet offers a secure and convenient way to store your cryptocurrencies. With its card-style design and chip technology, Tangem ensures that your private key is protected and inaccessible to anyone but you. The wallet supports a wide range of cryptocurrencies and allows you to buy, sell, and exchange them directly on the app. Setting up the Tangem wallet is quick and easy, making it an excellent choice for both beginners and experienced crypto enthusiasts. Take control of your crypto assets and ensure their safety with Tangem.