Tangem is a secure self-custody cryptocurrency wallet with high security standards where you can store, buy, transfer, and swap thousands of different coins and tokens through its mobile app. It's available as a hardware wallet or ring, and has a companion mobile app.
The hardware wallets generate their private keys offline, protecting you and your assets from malicious online hackers. The open-source Tangem mobile app acts as a companion for managing assets and broadcasting signed transactions, though it's not a full crypto exchange.
Tangem features
Here's a rundown of what Tangem offers:
Why You Want It
Secure and convenient hardware wallet + supports over 16,000 cryptocurrencies
Special Features
- EAL6+ chip security standard
- 25-year warranty
Provinces
ALL
Features
Estimated # Of Supported Cryptocurrencies
16,000+
Supports Bitcoin?
Supports Ethereum?
Supports Litecoin?
Supports XRP?
Estimated # Of Supported Fiat Currencies
See Issuer for Details
Supports CAD?
Supports USD?
Standard Maker Fee
See Issuer for Details
Standard Taker Fee
See Issuer for Details
Active Trader Discounts Available?
Interac E-Transfer Deposit Fee
N/A
Wire Transfer Deposit Fee
N/A
Available On Desktop?
Available On IOS?
Available On Android?
Offers Staking
Tangem product rating: 5.0 stars
As a hardware wallet, Tangem provides advanced security, a sleek design, and incredible ease of use for regular transactions. The Tangem app is similarly intuitive and clean, though it boasts additional features.
The app also includes market analysis functionality. It shows the price history of tokens and currencies you might want to buy, as well as a security score and other metrics that go into the decision to make a trade.
Rating methodology
To evaluate products like this, we analyze over 20 data points to generate a trustworthy Genius Rating. We consider many aspects of a product, including supported cryptocurrencies, fees, platform availability, customer satisfaction, and extra perks, to assess its overall value. We then rate features based on how they stack up against other available options.
Learn more about our rating methodology.
The pros of Tangem
Tangem is accessible and secure. Here are its best features:
Pros
Cold wallet cards are durable
Tangem cards are sturdy, secure, waterproof, and overall extremely durable. They're even resistant to EMPs and x-rays. Even if your card somehow breaks, Tangem offers a 25-year warranty to replace it.
Cold wallet cards are secure
Out of the 6,000,000 cards created thus far, a grand total of zero of them have been hacked. That's a very good track record, and should give you solid peace of mind. The chips they use are EAL6+ certified, so you can be sure they're secure.
Convenient and intuitive
Both the cold wallet cards and mobile app provided by Tangem are easy to understand and convenient to use. The crypto scene can be daunting to get into, so having intuitive functionality (and a very quick wallet set-up time on the app) is a big plus.
The cons of Tangem
Unfortunately, there are still a few things to keep in mind about Tangem:
Cons
Can't generate multiple receiving addresses
Currently, you can't easily generate multiple receiving addresses for your wallet. While this isn't a huge deal, having this feature would make your portfolio a bit easier to track and improve privacy. This feature has been on the road map for some time, but has been continuously pushed back.
No PC support
Unfortunately, Tangem can currently only be managed through the mobile app. It won't work on PCs or tablets. If you prefer to manage your cold wallet through a computer, you're out of luck.
Fees when buying on the app
For specific cryptocurrencies, the third-party fees you have to pay when buying directly from the Tangem app may be higher than the fees you would have to buy from simply buying it from an exchange and sending it to your wallet, so you may need to choose between convenience and price.
alternatives
Here's how Tangem stacks up to some crypto exchanges – though their business models differ:
 |  |  |  | |
|---|---|---|---|---|
| Account | Tangem | Wealthsimple Crypto | Kraken | Coinsquare |
| Genius Rating | ||||
| Why You Want It | Secure and convenient hardware wallet + supports over 16,000 cryptocurrencies | Get $25 when you fund your new account with $1 within 30 days + Commission-free trades. Legal Disclaimer |  $100 GeniusCash + Invest and trade in more than 350 cryptocurrencies + Low trading fees. | As low as 0.50% maker and taker fees + Easily deposit Canadian funds. |
| Estimated # Of Supported Cryptocurrencies | 16,000+ | 140+ | 530 | 50 |
| Supports Bitcoin? | | | | |
| Supports Ethereum? | | | | |
| Supports Litecoin? | | | | |
| Supports XRP? | | | | |
Show More | ||||
| Open an account See more Tangem products Compare | Open an account See more Wealthsimple products Compare | I Want This Deal See more Kraken products Compare | Learn More See more Coinsquare products Compare |
FAQ
Are Tangem wallets safe?
Yes, Tangem wallets are safe for storing your cryptocurrencies. The chips in the cards are EAL6+ certified, so you can be sure they're secure. The chips generate a random, non-extractable private key when you set up your wallet, and no Tangem wallets have been hacked since the product's launch in 2021.
Does Tangem offer a warranty?
Yes, Tangem offers a 25-year warranty for its cold wallets, which is very impressive and represents a strong vote of confidence in the product's durability. There's also a 14-day return policy that applies to unused and unactivated devices in their original packaging.
Can you generate multiple receiving addresses with Tangem?
Unfortunately, no, you currently cannot generate multiple receiving addresses with Tangem. While the company has said that this is a feature it intends to implement in the future, users have complained that Tangem has been promising this change for a long time without follow-through.
Can I manage my Tangem wallet on the computer?
Unfortunately, you can only manage your Tangem wallet through the mobile app – it isn't supported on PCs, laptops, or tablets. That said, the mobile app is clean and intuitive to use, so you won't have much trouble setting it up.
How do I sell crypto on the Tangem wallet?
You can sell cryptocurrencies from your wallet through the Tangem mobile app. You simply open the app, select the token you want to sell, and click "sell." Any fiat payout is processed by the external provider and depends on your location, the supported currencies, and the provider's terms and conditions. Tangem itself does not directly convert crypto to cash or deposit funds into your bank account.
Editorial Disclaimer: The content here reflects the author's opinion alone, and is not endorsed or sponsored by a bank, credit card issuer, rewards program or other entity. For complete and updated product information please visit the product issuer's website.
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