Overview
Tangem Wallet is a multi-chain hardware wallet, designed to resemble regular credit cards. Like other hardware wallets, Tangem stores private keys offline and ensures maximum security by integrating advanced cryptographic features. Tangem is ideal for individuals prioritizing robust protection for their cryptocurrency holdings.
Pros
– Tangem cards are as easy to carry as credit cards and require no batteries.
– Tangem cards are built to withstand physical damage and tampering, ensuring long-term security. The set comes with 2 or 3 back-up cards.
– Tangem Wallet leverages near-field communication (NFC) technology, allowing users to manage their assets via a smartphone app. This approach eliminates the need for cables or Bluetooth.
– Compatible with a wide array of assets
– The app is simple and easy to use, with beautifully designed interface.
– The ability to buy, sell and swap crypto within the app
– Open-source app code for community review
Cons
– While Tangem supports many major cryptocurrencies, it lacks some advanced integrations for staking or dApp interactions compared to other wallets.
– Unlike traditional hardware wallets, Tangem does not natively support desktop use. Users need a smartphone with NFC capability to operate the wallet.
– Recovery is tied to backup cards rather than a traditional recovery seed phrase.