Tangem Wallet: Is It Really That Good? (1 MONTH REVIEW 2024)

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There are multiple videos covering the tangem hardware wallet here on youtube, and the majority of them are very positive. I wanted to adress this and answer if tangem hardware wallet really is that good.

The tangem wallet is a hardware wallet for your cryptocurrencies. You can use a hardware wallet if you want to stay a little bit more protected. What sets hardware wallets apart from normal “hot wallets” (example exodus, metamask) is that your private key, to access your cryptocurrencies, is stored OFFLINE on the hardware wallet. This makes it harder for hackers to reach your cryptocurrencies, without your concent.

The Tangem wallet supports the majority of bigger cryptocurrencies, but even smaller ones like Kaspa.

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1 month ago I uploaded this video titled is this the best hardware wallet where I’m unboxing the tangam hardware wallet and I’ve now been using the wallet for a month so let me give you my broader understanding and insights and also answer the question if it’s really that

Good so buckle up grab your popcorn and make sure that you stick to the end because I have exciting news for those of you who already own a tangum hardware wallet or are looking to buy one so here’s the tangum hardware wallet it’s a very light plastic card but it looks

Very Sleek in my opinion and inside this plastic card right here there’s a ship where your private key is stored and the ship is a Samsung ship with a very high security standard rating and this specific security standard rating is E6 plus which is one of the highest security standard ratings out there

Which is also used by passports and many high institutes in the society and the hardware behind the ship has been confirmed to have no back doors by two independent companies and the first firm is kelki security and the second one is riscure the card itself is designed to

Withstand dust and water and it can also withstand hot and cold temperatures now it can only withstand hot temperatures up to 50° C I mean it’s a plastic card with a ship inside so what do you expect and one of the other things I like about

This card is that it looks like a black ax so you can Flash it very quickly for someone and they might think that you are very wealthy and it’s of course also shaped like a normal credit card so you could potenti have it in your wallet with your other cards now I’m talking

About your physical Wallet not any crypto wallet or anything like that like the wallet that you carry in your pocket so we’re all on the same level but I kind of don’t advise you to carry this one in your personal physical wallet for example if someone sees you for example

On the subway that you have a tangent wallet they could follow you into a dark corner and whatever and Rob you and make you give them your cryptocurrencies which is not ideal now not every person out there knows knows what a tangum hardware wallet is but you don’t want to

Be setting yourself up for potential risks if you store a large amount of cryptos on your tab wallet don’t carry it in your normal physical wallets that’s at least my advice now you could have two tab wallets one which you have not so much cryptocurrencies on which

You regularly do trades back in and two from and then you have one wallet which you tuck away under a pillow or buy some books also make sure that you store your cards in different locations for example if one of the houses where you’re storing the card accidentally burns up

Then you don’t want to be losing all of your cards and therefore also losing your cryptocurrencies and while we’re on the topic of security I also want to mention seed phrases and what I like with tangum is that you can choose not to set up a seed phrase that is readable

For the human eye a seed phrase is a specific number of random words for example tangum uses 12 words another example is ledger who uses 24 words and these words can be used as a way to get in your cryptocurrencies if you’ve lost your Hardware wallet the see phrase is

Like a last shot at getting your cryptocurrencies if you’ve lost your Hardware wallet but what I like with tum is that you don’t have to keep track of these words because instead of having a number of words as your last shot at getting your cryptocurrencies tangum uses another approach because when you

Set up your tangum wallet you copy the private code onto each and every card that you get and when you order from tangum you can either order two or three cards so when you lose one of the cards you can use take one of the other cards

That you got and access your crypto via that card now of course if you want to stay a little bit more protected you can set up the wallet using the seed phrase method but in my opinion it’s also a security risk because if you for example send a picture to someone or

Accidentally post a picture on social media where your seed phrase is shown then there’s a high risk that you will lose all of your cryptocurrencies and that’s why I decided to not set up my wallet with a seed phrase and instead copied my private key onto the other

Tangum cards that I got when I ordered but please tell me what you think in the comment section of this video do you like SE phas or not or do you think that it’s a substantial security risk one of the other things that I really like about tangum is the Simplicity it’s very

Easy to send receive Swap and also buy cryptocurrencies using the tangum app although I’ve not been buying cryptocurrencies using the tangum app it’s a nice feature to have as I said you can also swap your cryptocurrencies very easily so here you can see me swap some Cas before some eum and soon you’ll

Be able to swap cryptocurrencies for a 0% service fee using the tangum app but it is only 0% service fee for the first week and I’ll get more into that later on in the video and that’s one of the surprises that I told you about in the

Beginning the code for the tangum app is open source which means that if tangum goes bankrupt some other guy could relaunch the app just copying the code from GitHub now it’s also good that app code is open source because then regular people can go read the code and see that

There’s no back doors in the security that enables tangum to steal your cryptocurrencies without your consent and that is of course very good the wallet itself is also very easy to set up for me it took less than 5 minutes and if you want to see a setup tutorial

You can click this video right up here I believe it is and you can set up your tangum wallet without a problem and what I also like with the tangum app is that it’s built like a hot wallet like Exodus but you can’t do anything with your cryptocurrencies unless you have a card

To scan so you can always check in on your cryptos and monitor price movements and also receive cryptocurrencies without having to have your card at hand every time just like you would be able to do with a normal hot wallet but if you want to do anything except receiving and monitoring your cryptocurrencies

Then you need to have your card to scan for example if you want to send or swap your cryptocurrencies then you need to have your card so you can send scan so you can scan and confirm the transaction or swap so the tangum app is always

Online but the private key to open your cryptocurrencies and actually do something with them is stored offline on the tangum card which is of course very good and a high level of Simplicity makes tangum a really good choice for new crypto people or not so take Savvy

People as well like even your grandma could figure it out and become a crypto Enthusiast but of course you can also use the tangum wallet if you are more of a take nerd it’s always nice to have simplicity at least that’s what I believe another aspect that I want to

Cover is the price because when we compare to other Hardware Wallets on the market tangum wallets are very affordable which is of course very nice because it’s always nice to save some extra cash if you buy two tanium cards it cost you only $49 and if you buy

Three it cost you $63 and this is if you use the code Tashi with all caps or click the link down below and if you don’t want to use my code it’s a little bit more expensive but that’s totally up to you so let’s compare the price to the

Base Ledger model which is The Ledger Nan that does not have Bluetooth so you need to connect the actual Hardware wallet to your Samsung phone or your computer via USB BC cable and that wallet cost $79 so there is a considerable price difference so with tanm you can order either three or two

Cards and it’s like having multiple keys to your house and I also want to correct what I said in my last video in my last video I said that cryptocurrencies are being stored on the tanum card which is not really correct your cryptocurrencies are stored on the blockchain and you

Access this wallet that is on the blockchain with your private key and the private key is stored on the tangum hardware wallet so actually it should be called tangum private key but for some reason it’s called tangum Hardware wallet now let’s get into the exciting news that I told you about in the

Beginning and the first news that I want to talk about is the new swapping mechanism mechanism mechanism anyways from the 14th of February which is today when I upload this video you can swap cryptos inside the app using shangel and for the first week the service fees are

0% so if you’re looking to swap some cryptocurrencies now could be a good time because there is zero service fees during this first week now this is for you who already own a tangum hardware wallet because if you order one now you won’t be able to receive your card until

The 0% service fee is gone but if you already have a tangum wallet then take advantage of this offer so after the first week of implementing Shang she’s she fees will become normal but the fees will still be better than they were before before the tandum app used shange

Now and from now on you can use Shang when swapping cryptocurrencies which has slightly better exchange rates and fees if you’re swapping on a floating rate and the second feature that I want to tell you about is the White cards tangum are during the month of February running

A limited edition on White tangum cards which look very Sleek in my opinion now most people of course have the black tangum wallet because it’s the most common and it’s not a limited edition now these White cards are limited edition and they will not be selling

After February so if if you want to get yourself a little bit more of a special card then you can order the White cards right now which in my opinion look very good now I don’t know when you’re watching this video as I said the White

Cards are limited to this month only so make sure that you get your white card if you want one but if you’re watching after February then the White cards aren’t available anymore so the question was is it really that good and my short and simple answer is yes now if you have

Any further questions please drop them down in the comment and I’ll answer every single one of you that comments I really like to hear from you guys and if you found this review helpful and informative please hit that subscribe and like button so this video can reach

More people and also don’t forget to use the code Tashi all caps to save 10% on your tandm Hardware wallet if you want to see more content from me then make sure to hit that subscribe button and I’ll see you in my next video My Name Is Tashi goodbye

Tangem Wallet: Is It Really That Good? (1 MONTH REVIEW 2024)

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