In-Depth Review of Tangem Wallet: The Ultimate Seedless Wallet of 2023! Watch this First! Walkthrough and Unboxing Included!
How to Securely Interact with Decentralized Financial Apps
In the world of cryptocurrency, security is of utmost importance. With the rise of decentralized financial apps (DeFi), it is crucial to find secure ways to interact with these apps without compromising our funds. Traditional mobile crypto wallet apps that generate seed phrases on our mobile devices connected to the internet may not be the most secure option. However, there is a solution that combines security, ease of use, and quick trading capabilities – Tangem Wallet.
Introducing Tangem Wallet
Tangem Wallet is a secure open-source hardware wallet that is compatible with multiple currencies and chains. Unlike traditional wallets, Tangem Wallet does not require wires, batteries, or an internet connection. It consists of a credit card-sized hardware device and a mobile app. Let’s explore the features and benefits of Tangem Wallet.
Unboxing and Setting Up Tangem Wallet
When you receive your Tangem Wallet, it comes in a sealed flat white box. Inside the box, you will find the Tangem Wallet card, which looks like a regular credit card. To set up the wallet, you need to download the Tangem app on your smartphone and tap the card to activate it. The card generates a random private key that is securely stored on the chip. This process ensures that the private keys are never exposed to any third parties, providing an extra layer of security.
Benefits of Tangem Wallet
Tangem Wallet offers several advantages over traditional wallet apps and cold storage devices. Here are some key benefits:
1. Maximum Security: Tangem Wallet has been independently certified with the highest standard of security (EAL 6 Plus), similar to NASA and passports. The wallet is designed to withstand dust, water, and extreme temperatures. The firmware and source code have undergone an independent audit, ensuring transparency and eliminating backdoor vulnerabilities.
2. No Seed Phrases: Unlike other wallets that rely on seed phrases for backup, Tangem Wallet uses backup cards. These cards can be stored in different geographical locations, providing an additional layer of security. The private keys are securely stored on the card’s chip and are never exposed, making it impossible for anyone to steal or trick you out of your funds.
3. Easy to Use: Tangem Wallet is designed to be beginner-friendly. The setup process is simple and does not require writing down seed phrases or verifying words. The wallet can be easily managed through the Tangem app, which provides a user-friendly interface.
4. Multi-Currency and Multi-Chain Support: Tangem Wallet is compatible with multiple cryptocurrencies and blockchain networks. It supports nearly every cryptocurrency, including NFTs, and can interact with DeFi apps for lending, borrowing, and staking funds.
5. Cost-Effective: Tangem Wallet is more affordable compared to other hardware wallets on the market. It offers free shipping and the option to pay with cryptocurrency, making it accessible to beginners and those looking to onboard friends and family into the world of crypto.
Using Tangem Wallet for Transactions
Once you have set up your Tangem Wallet, you can easily manage your cryptocurrencies and perform transactions through the Tangem app. The app provides a dashboard where you can view your wallet balance and token prices. You can also add more tokens to your wallet and swap cryptocurrencies using the integrated one-inch exchange. The app supports various blockchain networks, allowing you to take advantage of altcoin opportunities outside of the ethereum ecosystem.
Frequently Asked Questions (FAQs)
1. Is Tangem Wallet secure?
Yes, Tangem Wallet is highly secure. It has undergone independent security audits and has the highest standard of security certification (EAL 6 Plus). The private keys are securely stored on the card’s chip and are never exposed, ensuring the safety of your funds.
2. Can I use Tangem Wallet for multiple cryptocurrencies?
Yes, Tangem Wallet is compatible with multiple cryptocurrencies and blockchain networks. It supports nearly every cryptocurrency and can interact with DeFi apps for lending, borrowing, and staking funds.
3. How do I backup my Tangem Wallet?
Tangem Wallet uses backup cards instead of seed phrases. You can create backups of your wallet by adding backup cards. These cards can be stored in different geographical locations, providing a secure way to restore access to your digital assets if needed.
4. Can I use Tangem Wallet on any smartphone?
Tangem Wallet requires a smartphone with NFC support. This includes any iPhone newer than iPhone 7 or any Android device with NFC. NFC technology allows secure transactions between devices by touch, similar to Apple Pay.
5. How much does Tangem Wallet cost?
Tangem Wallet is more affordable compared to other hardware wallets. The pricing varies depending on the number of cards you choose to purchase. The official Tangem website offers free shipping and the option to pay with cryptocurrency.
In conclusion, Tangem Wallet provides a secure and user-friendly solution for interacting with decentralized financial apps. With its advanced security features, ease of use, and multi-currency support, Tangem Wallet is an ideal choice for beginners and experienced crypto enthusiasts alike. By eliminating the vulnerabilities associated with seed phrases and offering a convenient way to manage and trade cryptocurrencies, Tangem Wallet is a unicorn in the world of crypto wallets.
(Note: The article has been written based on the provided script and may require additional research and fact-checking for accuracy.)
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š³ Tangem āŗ https://bit.ly/Tangem-x1
āā NFC-based hardware wallet, size of a bank card!!
ā Simply tap the card to your phone and youāre in!
ā Store and manage all your crypto, NFTs, DeFi!!
ā No batteries/cables, NASA+ security!!
ā”š° Get 10% off!! Promo Code: CRYPTOCASEY
ā¦ Order now!: ā https://bit.ly/Tangem-x1 ā š²
š³ Tangem āŗ https://bit.ly/Tangem-x1
NFC-based hardware wallet, the size of a bank card!!
ā”š° Get 10% off!! Promo Code: CRYPTOCASEY
ā No batteries/cables, NASA+ security!!
ā¬ā¬ā¬ā¬ā¬
āPRODUCT REVIEW!ā š„ TANGEM WALLET! š³
Hello, fam! Crypto Casey, here š and I'm on a mission to improve peopleās lives through #crypto education. In this important video, we review the #tangem #hardwarewallet and how it works. Is Tangemās approach to keeping seed phrases private, even from the user, better than other hardware wallets? Can Tangem wallet be hacked? How easy is it to set up this credit-card-sized wallet? Letās jump in and take a closer look together!
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CHAPTERS š¬ (Watch to the end!)
00:00 – What Makes A Great Wallet?
01:06 – Tangem Overview & Security Features
02:10 – Using the Card with the Mobile App
02:53 – Activating the Card
03:29 – Seed Phrases: Traditional Approach
04:59 – Reconsidering Privacy of Seed Phrases
05:37 – Seed Phrases: A Different Approach
05:50 – How Backups Work
06:09 – Additional Security Features
06:37 – How to Order Tangem Wallet
07:17 – Unboxing The Tangem Wallet
07:56 – Installing the Tangem App
08:23 – Scanning Cards and Generating Keys
09:03 – Making Backup Wallets
09:29 – Creating Access Code
10:10 – Adding Access Code to Backup Cards
10:39 – Exploring the Main App Dashboard
10:54 – Adding Tokens to Tangem Wallet
11:10 – Example Transactions
11:34 – Adding Ethereum to Tangem Wallet
12:11 – Swapping Ethereum for Another Crypto
12:36 – Checking Transaction Fees
12:52 – Using Other Networks For Lower Fees
13:26 – Conclusion
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GET YOUR TANGEM WALLET TODAY!! š„š„š
š³ Tangem āŗ https://bit.ly/Tangem-x1
āā NFC-based hardware wallet, size of a bank card!!
ā Simply tap the card to your phone and youāre in!
ā Store and manage all your crypto, NFTs, DeFi!!
ā No batteries/cables, NASA+ security!!
ā”š° Get 10% off!! Promo Code: CRYPTOCASEY
ā¦ Order now!: ā https://bit.ly/Tangem-x1 ā š²
ā¬ā¬ā¬ā¬ā¬
GET YOUR CRYPTO ESSENTIALS!! š„š„š
š³ Tangem āŗ https://bit.ly/Tangem-x1
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TAGS: #tangemwallet #selfcustody #coldstorage #hardwarewallet #decentralizedfinance #cryptowallet #defiapps #mobilewallets #seedphrases #privatekeys #selfcustody #securecustody #cryptocasey
TOPICS: cryptocurrency wallet reviews, how to choose a crypto wallet, best hardware wallets for crypto, tangem wallet review, tangem wallet unboxing, protecting your crypto assets, self-custody solutions for crypto
NOTE: This description contains affiliate links. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). Thanks for supporting the channel!
DISCLAIMER: The information contained herein is for informational purposes only and not to be construed as financial, legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
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ā¤ Be safe out there.
āCrypto Casey
First, Casey, I love your content. Sweet. Now this is a very cool system. Iād say it would not be hackable by normal humans so that angle is covered. But, if your phone and card are together on your person , then your crypto security is down to your phones security. So Id never carry one of these cards around with me – and after all the trouble they went to making them portableā¦.š Thanks again for all the great content!
Great job as always, C.C.! Is there any benefit to having multiple HW cold storage wallets, say three perhaps even from three different companies, with a third of our cold storage crypto on each? Also, can a Tangem device store the SAME 24-passphrase and act as a duplicate access method to the same phrase on a Ledger for example, in effect giving me a backup way to access the same crypto? Thanks!
Great video, just ordered my Tangem wallets and ill set up when i get home. Your videos are very informative.
Ordered. But wish it wasnt coming from the US. Hope I don't need to pay customs. Great video, thanks
Just want to say thank you, this video just wanted to say I appreciate all your videos.
I just got my cards and the box wasnt sealed
Can you set these up if someone has compromised the cards
I used your code and bought the Tangem wallet. It arrived I opened the envelope and noticed that the seals on the box were already broken. I'm leary of using the wallet because the seals were not intact right out of the package.š
Can you buy 6 cards instead of 3 and link them?
Hmm…. but where is the Crypto actually stored? In the Phone App right? The cards only act as keys? So what if I lose my phone or plan to change into a new phone? What happens to the crypto stored in the App??
What do you think about Arculus?
Hey Casey, how do I get for my money to start dealing with the tangem card?
Iām new on this
Thankyou for the info on this wallet. Just ordered this and am very excited as this will be my first cold storage wallet. It looks very user-friendly.
Keep up the great content. Were all greatful for you time and efforts!
i just ordered with ur code,ty
How do I buy xrp using tangem wallet?
Can you go into more dept for making coins to a cold wallet on tagem or tansfering usdc with polygon network?
Nice wallet clever idea. Are any Visa or Credit/Debit Card prodused by crypto companies to use with this wallet except Revolut. ???
Cool
Tangem responded to my email and explained that when I register my wallet it will show that the cards have or have not been registered. Thank you for your tutorial. I am happy with the Tangem cards and looking forward to the Tangem Ring Wallet.
ive watched the video, and even went to the Tangem website,
What if i lose my telephone or upgrade the phone ?
can that card hold pulse chain pulsex and hex
Brilliant Video as always Casey. Just received my 3 wallets so excited by the convenience of it!
u r hour secure it and safety crypto bot….very much appreciated!!!!! keeep it uuuup!!!!!