An alternative to the Tangem Wallet hardware wallets is hard to find especially when there are not many popular wallets present. In other words, you may find ample of wallet options in the software wallet industry, but the same cannot be said for the hardware wallet industry, well it might be because of the limited number of options present. When we talk about the hardware wallet industry of crypto the two common names that generally come forward are the Ledger or Trezor Wallet. But have you ever heard of the Tangem Wallet? We can bet that you haven’t, aren’t we right? This blog brings out the solution as an alternative in the hardware wallet industry. But because it is newly launched, people do not have information related to it, though you should not worry, as we will tell you all about it in the sections given below. Read it out to find out better information related to the wallet.
What is Tangem?
If you’re thinking that, unlike the other hardware wallets, this is also a hardware device then you are completely wrong. The tangem wallet is a card-based crypto wallet that has been designed to offer its users better and safer digital assets and crypto management in this industry. The structure of this wallet closely represents a credit card which may look even more classy while carrying it. The purpose of this wallet is to simplify transactions and save some time for the users.
Benefits of Tangem Wallet
Now, that we’ve already cleared out the basics or the meaning of the tangem device, it is time to move on to the next factor and that is the advantages or the benefits of this wallet. As a fresher or a person who is looking for a wallet change, you must go through the presented list below to make your final decision. Without delaying it much further, here are the points of the advantages:
Unique and card-shaped design to attract crypto users towards it.
Simple for everyone to carry it around in their pockets.
For the facilitation of quick transactions the feature of NFC is also provided.
In this hardware wallet there is no need for a battery replacement as it does not work on a battery, it's merely a card.
The Tangem wallet card is dust and water-resistant as well.
These are just some of the benefitting points of tangem cold wallet, if you visit its official website then
you’ll know more important details about this wallet. Moving on let us get further into this Tangem
wallet guide to learn about it more in detail.
Supported Assets of Tangem
Given below we provide you with the names of those assets that are supported by this hardware device. One must read the list to learn if their favorite currency is available here or not. Though we will not be able to write the full list, below is an example of it. This will give you a general idea of the crypto assets available here to help you trade. Not taking much of your time, let us get started with the names:
Aleph Azero
Algorand
Aptos
Arbitrum
Areon
Aurora
Avalanche C-Chain
Base
BNB Beacon Chain
BNB Smart Chain
Bitcoin
Bitcoin Cash
Cardano
Chia
Cosmos
Cronos EVM
Dash
Decimal
Dischain (EthereumFair)
Dogecoin
Ducatus
Ethereum
Ethereum Classic
EthereumPoW
Fantom
Additional Tangem Details
No, one can hack this hardware wallet as it contains a chip in your card that works the wallet’s microcomputer for the generation of the private key of the account. This chip will stay in your card forever, so it is difficult for any attacker to attack.
If you lose your card, use the other card you got you received with the package to overcome situations like this. However, if you do not remember your password for logging in then you might not be able to get back your account. Thus, remember your password.
To learn a few additional details about this wallet we suggest you visit its official website.
Summing it Up!
Overall, the Tangem Wallet provides a robust and practical way to deal with crypto assets, making it a reliable option in the market of digital asset management tools. Thus, as a fresher you can think to give this wallet a try then you can find out if it was worth it or not.
