He forgot to mention that if you lose these cards, you lose everything so, I recommend that you set up with a seed when you first set it up, you can't go back to change it.
@@fevolenko3995this assumes people actually have 3 backups of a seed phrase. The target demographic is beginners getting in cold wallet storage. A counter point is if you lose your 4th backup, you still lose all your crypto. If you can lose 3 cards, not sure how having a seed phrase helps as you’re likely careless anyways for a 4th or 5th backup to make a difference
Nice hardware wallet. Hadn’t come across this one before seeing your video. In terms of simplicity- great. But I would love to see more crypto staking options before making a switch from ledger. 👌
Thanks for the feedback Elgars 🙌 Tangem Wallet indeed shines with its simplicity. Right now, it supports native staking for TRX, SOL, ATOM, and POL (Ethereum), with plans to add more options like Polkadot, Cardano, Avalanche, BNB Smart Chain, Near, Tezos, Cronos, and Kava soon. Additionally, Tangem enables liquid staking through dApps via WalletConnect, which supports several EVM networks. But yes, still room for improvement for staking. Cheers
Just wanted to mention an issue I had with Tangem and the setup. When I ordered the cards I had a iphone SE, so it probably won't be an issue with most people, but because the screen is so much shorter, I was not able to complete the final step of setup. The issue was that the window that came up to create your access code, was too long for the screen, so the button I needed to tap in order to continue was not visible, and I could not move the window to access the button. Luckily, I decided it was time to upgrade to a newer phone, and then was able to finish setting it up on the new phone. But, if I had not made this decision, I am not sure how I would have resolved the issue, because I had no way of contacting Tangem for any assistance. At least, none that I could easily discover. I tried sending them emails, but never got a reply.
What about closed software? I read a comment on Reddit where someone said Chinese companies has to have back doors in everything that is manufactured there (Factories) as a law from 2017? And another lady said that she bought not from Tangem site - and her card was drained of all her crypto? Would appreciate your feedback
Thank you for the tip, I was planning on using the seed phrase but then I got all confused in the way he explained like you shouldn't I apperciate this comment Happy New Year🎉
Hi. If you lose all Tangem cards and didn’t back up using a seed phrase, you cannot recover your wallet or funds. The private keys are stored only on the cards. Make sure to keep your cards in separate, secure locations. Without either, the wallet is irretrievable. Cheers
How do you find out, or know, which block chain a coin is on??? Yet to find anyone who explains that in detail. If you put it on the wrong chain, you've lost your crypto.
Hi. The easiest and safest ways to check a coin's blockchain: Check the exchange where you're withdrawing from - they'll explicitly show you the available networks for that coin. For example, when withdrawing USDT, you might see options like "ERC-20 (Ethereum)", "BEP-20 (BSC)", etc. Look up the token on CoinGecko or CoinMarketCap - they list all the networks a coin operates on. Many popular tokens like USDT and USDC exist on multiple chains. Visit the official project website - they'll always list their blockchain(s) Quick safety tips: Always do a small test transaction first Match the network on both sending/receiving ends When receiving, platforms like MetaMask will show you which network a token is on. On Tangem you will also see the logo of the chain indicated making it very easy to see. Cheers
Appreciate your review. I am close to buying Tangem but I am curious about the following scenario. If I lost all 3 cards and did not opt to use seed phrases. Is it possible to recover the funds stored in the wallet? Also, is it possible to store the same Crypto in two cold wallets? Thank you.
Thanks a lot 🙌 Here's a breakdown of your concerns about Tangem: If You Lose All 3 Cards Without Seed Phrases: Unfortunately, if you lose all three cards and haven’t backed up the seed phrase (or opted out of generating one), recovery is not possible. The cards are your access keys, and without them or the seed phrase, the wallet's contents are effectively lost. Tangem emphasizes this as a key security feature to protect against unauthorized access. Storing the Same Crypto in Two Cold Wallets: Yes, you can store the same cryptocurrency in two cold wallets, but they are independent of each other. Each wallet would have its own private keys. You’d essentially be splitting or duplicating funds by sending transactions from one wallet to another. However, you can't clone or sync a wallet directly between two devices unless you're restoring from the same seed phrase. Hope this helps. Cheers
Tangem itself does not charge fees for transferring crypto onto your card. However, you will need to pay the network fees (also called gas fees) associated with the blockchain of the cryptocurrency you're transferring. These fees are not set by Tangem but by the network, such as Bitcoin or Ethereum. So, while Tangem won’t charge you directly, make sure to check the network fees when transferring. Cheers
Yes and yes, though I would not recommend it as both Ledger and Tangem allow you to buy and sell crypto, but it's too expensive. Better send to an exchange and sell it there 👌
Hi, great and yes, you can store the BRETT token on the Base network using your Tangem Wallet. Tangem supports the Base network, allowing you to manage tokens like BRETT. Cheers
@hiimchris Yeh the counter argument to not using 24word seed is if you lose/damage your ring/card set, then you cannot ever access your crypto ... If you use seed phrase even if all 3 cards are lost at sea, you can still access your crypto and download to other wallets..
Strange to hear. If your Tangem wallet isn’t showing your balance or says networks are unreachable, try these fixes: Ensure your phone has a stable internet connection. Update the Tangem app to the latest version. Refresh the wallet or check network status. Re-add the wallet in the app if the issue persists. Cheers
@@SmartMoneywithKai same happened to me about a year ago. I finalized the set up with 2 cards, I thought you cannot add cards once you complete the setup?
It keeps asking me for a memo, do I need one? How do I get it? Also, I can't transfer funds, it keeps saying it's a invalid address even though I copied and pasted it to the exchange. Help!
@@robt8042 I am trying to get my xrp off of robinhood and into a tangem wallet I purchased about 1 week ago. I paste my address from my wallet to robinhood...it asks for memo (i hit skip)...and then it says bad address.
Hi mate, for Memo: Needed for certain coins like XRP or XLM to identify your account on an exchange. Check the deposit section on the exchange for the memo. If none is required, leave it blank. Invalid Address: Ensure the address matches the crypto you’re sending. Use the correct blockchain network (e.g., ERC-20, TRC-20). Double-check for typos or extra spaces. If issues persist, contact the exchange or Tangem support for help. Cheers
@@SmartMoneywithKai Thanks for the help. I found typing "0" under the memo works. I returned the tangem and got a replacement. It worked once, and now I can't transfer anymore. I have about 200xrp still on robinhood that I'm trying to get out of there, but it shows I have none when I go to transfer it.
Hi I don't have experience with it but it seems Tangem currently supports native staking for several cryptocurrencies, including: Solana (SOL) Cosmos (ATOM) TRON (TRX) Hope this helps. Cheers
You go over things too fast and talk way too much in between how-to statements. The Help section on the Tangem is very thorough and between you and them, I solved my puzzle. Thanks for all that you do.
Hey hey! Thanks for the mention - we LOVE seeing videos about us out in the wild! We'd love to guide anyone who wants to chat about Tangem in our channels, we are lovely to chat to and the other community members can tell you first hand why they love us - simple safe and secure always! Right, Reader, have an awesome day ahead! 💌
Hey Tangem team👋 Great to see you engaging with the community. I’m excited to help others explore your platform-Tangem’s simplicity and security are definitely worth sharing. Thanks for being so responsive and for creating such a strong user-focused space. Cheers
I need help! I sent XDC to my tangem wallet and cut and pasted the address tangem provided and it never arrived! Ive reached out to tangem for help and provided the hash info for the transaction and no response!!!
@@andied2510 You're supposed to send a small amount to test before you send significant value crypto tokens. Did you not do that? Lessons are learned I guess.
😂😂😂I guess so but the fact that you can still use a seed phrase if you prefer makes it pretty much the same as a Ledger, minus the need for a cable or battery 😉 And since they are as secure as any of the other leading hardware wallet it comes down to preferences but yes, for regular buy and hold investors this might be more attractive indeed 👌
![Blox Fruits Dragon Rework Update [Full Stream]](http://i.ytimg.com/vi/EqDAp8udhm0/mqdefault.jpg)
🔵 Get 10% off your Tangem Card or Ring at tangem.com with my promo code ⚪ KAI ⚪
I just learning, would like to know the safest easy to use cheapest cold wallet to buy right now.thanks😊
He forgot to mention that if you lose these cards, you lose everything so, I recommend that you set up with a seed when you first set it up, you can't go back to change it.
Hi and sure, that's great to have that option too. Though if you loose 3 cards, not sure looking after one set of seed words is easier 😉
@@SmartMoneywithKai the point is its an EXTRA backup. If somehow you lose 3 cards, then the seed that obviously is elsewhere gives u a 4th backup..
@@fevolenko3995this assumes people actually have 3 backups of a seed phrase. The target demographic is beginners getting in cold wallet storage. A counter point is if you lose your 4th backup, you still lose all your crypto. If you can lose 3 cards, not sure how having a seed phrase helps as you’re likely careless anyways for a 4th or 5th backup to make a difference
Nice hardware wallet. Hadn’t come across this one before seeing your video. In terms of simplicity- great. But I would love to see more crypto staking options before making a switch from ledger. 👌
Thanks for the feedback Elgars 🙌 Tangem Wallet indeed shines with its simplicity. Right now, it supports native staking for TRX, SOL, ATOM, and POL (Ethereum), with plans to add more options like Polkadot, Cardano, Avalanche, BNB Smart Chain, Near, Tezos, Cronos, and Kava soon.
Additionally, Tangem enables liquid staking through dApps via WalletConnect, which supports several EVM networks. But yes, still room for improvement for staking. Cheers
Just wanted to mention an issue I had with Tangem and the setup. When I ordered the cards I had a iphone SE, so it probably won't be an issue with most people, but because the screen is so much shorter, I was not able to complete the final step of setup. The issue was that the window that came up to create your access code, was too long for the screen, so the button I needed to tap in order to continue was not visible, and I could not move the window to access the button. Luckily, I decided it was time to upgrade to a newer phone, and then was able to finish setting it up on the new phone. But, if I had not made this decision, I am not sure how I would have resolved the issue, because I had no way of contacting Tangem for any assistance. At least, none that I could easily discover. I tried sending them emails, but never got a reply.
What about closed software? I read a comment on Reddit where someone said Chinese companies has to have back doors in everything that is manufactured there (Factories) as a law from 2017? And another lady said that she bought not from Tangem site - and her card was drained of all her crypto? Would appreciate your feedback
The one DISADVANTAGE of not choosing your own seed phrase and only using a passcode is that if you lose the cards, you lose ALL your crypto.
Thank you for the tip, I was planning on using the seed phrase but then I got all confused in the way he explained like you shouldn't I apperciate this comment Happy New Year🎉
Thanks for the video. 👍👍
My pleasure 🙌
hey do you have any videos on how to use the crypto ledger?
Question: After you just generated keys not by Seed phrase, you lost all of your cards. Then how do you recover your wallet?
Hi. If you lose all Tangem cards and didn’t back up using a seed phrase, you cannot recover your wallet or funds. The private keys are stored only on the cards. Make sure to keep your cards in separate, secure locations. Without either, the wallet is irretrievable. Cheers
In other words, make a seed phrase when you setup.
Isn't this the same risk with all hardware wallets?
How do you find out, or know, which block chain a coin is on???
Yet to find anyone who explains that in detail.
If you put it on the wrong chain, you've lost your crypto.
Hi. The easiest and safest ways to check a coin's blockchain:
Check the exchange where you're withdrawing from - they'll explicitly show you the available networks for that coin. For example, when withdrawing USDT, you might see options like "ERC-20 (Ethereum)", "BEP-20 (BSC)", etc.
Look up the token on CoinGecko or CoinMarketCap - they list all the networks a coin operates on. Many popular tokens like USDT and USDC exist on multiple chains.
Visit the official project website - they'll always list their blockchain(s)
Quick safety tips:
Always do a small test transaction first
Match the network on both sending/receiving ends
When receiving, platforms like MetaMask will show you which network a token is on. On Tangem you will also see the logo of the chain indicated making it very easy to see. Cheers
Appreciate your review.
I am close to buying Tangem but I am curious about the following scenario.
If I lost all 3 cards and did not opt to use seed phrases. Is it possible to recover the funds stored in the wallet? Also, is it possible to store the same Crypto in two cold wallets?
Thank you.
Thanks a lot 🙌 Here's a breakdown of your concerns about Tangem:
If You Lose All 3 Cards Without Seed Phrases:
Unfortunately, if you lose all three cards and haven’t backed up the seed phrase (or opted out of generating one), recovery is not possible. The cards are your access keys, and without them or the seed phrase, the wallet's contents are effectively lost. Tangem emphasizes this as a key security feature to protect against unauthorized access.
Storing the Same Crypto in Two Cold Wallets:
Yes, you can store the same cryptocurrency in two cold wallets, but they are independent of each other. Each wallet would have its own private keys. You’d essentially be splitting or duplicating funds by sending transactions from one wallet to another. However, you can't clone or sync a wallet directly between two devices unless you're restoring from the same seed phrase.
Hope this helps.
Cheers
@@SmartMoneywithKai it does thank you! Will get the Tangem via your link!
Appreciate that 🙌
Does Tangem charge you when you transfer your crypto on the card?
Tangem itself does not charge fees for transferring crypto onto your card. However, you will need to pay the network fees (also called gas fees) associated with the blockchain of the cryptocurrency you're transferring. These fees are not set by Tangem but by the network, such as Bitcoin or Ethereum.
So, while Tangem won’t charge you directly, make sure to check the network fees when transferring. Cheers
Can you send your assets from Ledger to the Tangem wallet and then sell them via Tangem (so you don't have to do it via an exchange)?? 🧐
Yes and yes, though I would not recommend it as both Ledger and Tangem allow you to buy and sell crypto, but it's too expensive. Better send to an exchange and sell it there 👌
I bought them and added crypto to it and really love it! My only question is how do you take crypto out & into a bank account if you need the money?
@@glenchavez6022 Send your crypto to an exchange.
@ Best to send it to an exchange concert to FIAT money and then withdraw to your bank 👌
What if you lose your phone?
I just got my Tangem can i store Brett on base on Tangem? Thanks
Hi, great and yes, you can store the BRETT token on the Base network using your Tangem Wallet. Tangem supports the Base network, allowing you to manage tokens like BRETT. Cheers
It is possible to use fingerprint (biometric password)
Hi and sure you can do that 👌
HEY 👍👍 Can I add my funds to tangem from PayPal?
Hi, sadly currently, Tangem does not support direct funding from PayPal. Cheers
So youre telling me..I dont need to do a digital wallet?
Hi, not sure what you mean. The Tangem is basically acting as a digital wallet if you want, where you can store your coins in cold storage. Cheers
So can i manually enter my own choice of 24 bip39 words?
I don’t think so. I think he skipped the 24 word setup which is not recommended because you can’t go back and change it.
@hiimchris Yeh the counter argument to not using 24word seed is if you lose/damage your ring/card set, then you cannot ever access your crypto ... If you use seed phrase even if all 3 cards are lost at sea, you can still access your crypto and download to other wallets..
You can import your 24 words when setting up for the first time
where u name the wallet why can't I see my balance plus keep saying some networks are unreachable
Strange to hear. If your Tangem wallet isn’t showing your balance or says networks are unreachable, try these fixes:
Ensure your phone has a stable internet connection.
Update the Tangem app to the latest version.
Refresh the wallet or check network status.
Re-add the wallet in the app if the issue persists. Cheers
Only 2 of my 3 cards would scan.
Strange to hear that, in this case I would reach out to Tangem to ask for a replacement card which I am sure they will do 👌
@@SmartMoneywithKai same happened to me about a year ago. I finalized the set up with 2 cards, I thought you cannot add cards once you complete the setup?
It keeps asking me for a memo, do I need one? How do I get it? Also, I can't transfer funds, it keeps saying it's a invalid address even though I copied and pasted it to the exchange. Help!
Need more information on what exactly you are trying to do and at what point you are right now.
@@robt8042 I am trying to get my xrp off of robinhood and into a tangem wallet I purchased about 1 week ago.
I paste my address from my wallet to robinhood...it asks for memo (i hit skip)...and then it says bad address.
Hi mate, for Memo:
Needed for certain coins like XRP or XLM to identify your account on an exchange.
Check the deposit section on the exchange for the memo. If none is required, leave it blank.
Invalid Address:
Ensure the address matches the crypto you’re sending.
Use the correct blockchain network (e.g., ERC-20, TRC-20).
Double-check for typos or extra spaces.
If issues persist, contact the exchange or Tangem support for help. Cheers
@@SmartMoneywithKai Thanks for the help. I found typing "0" under the memo works. I returned the tangem and got a replacement. It worked once, and now I can't transfer anymore. I have about 200xrp still on robinhood that I'm trying to get out of there, but it shows I have none when I go to transfer it.
@@robt8042 I think there is a week or 2 delay in my buying crypto on an exchange, and being able to transfer it. Does that sound right?
for me its better than a ledger
Nice 👌
I agree
. but tangem is hightech than ledger, ledger need desktop o laptop to take your crypto asset
Do you have experience also on staking crypto using tangem?
Hi I don't have experience with it but it seems Tangem currently supports native staking for several cryptocurrencies, including:
Solana (SOL)
Cosmos (ATOM)
TRON (TRX) Hope this helps. Cheers
Promo code not working
Hi. Just checked again it does and seems plenty of orders go through so maybe try again 🙌
You go over things too fast and talk way too much in between how-to statements. The Help section on the Tangem is very thorough and between you and them, I solved my puzzle. Thanks for all that you do.
Glad to hear you managed to solve it 🙌
Hey hey! Thanks for the mention - we LOVE seeing videos about us out in the wild! We'd love to guide anyone who wants to chat about Tangem in our channels, we are lovely to chat to and the other community members can tell you first hand why they love us - simple safe and secure always! Right, Reader, have an awesome day ahead! 💌
Hey Tangem team👋 Great to see you engaging with the community. I’m excited to help others explore your platform-Tangem’s simplicity and security are definitely worth sharing. Thanks for being so responsive and for creating such a strong user-focused space. Cheers
I need help! I sent XDC to my tangem wallet and cut and pasted the address tangem provided and it never arrived! Ive reached out to tangem for help and provided the hash info for the transaction and no response!!!
@@andied2510 You're supposed to send a small amount to test before you send significant value crypto tokens. Did you not do that? Lessons are learned I guess.
its for normies not pros
😂😂😂I guess so but the fact that you can still use a seed phrase if you prefer makes it pretty much the same as a Ledger, minus the need for a cable or battery 😉 And since they are as secure as any of the other leading hardware wallet it comes down to preferences but yes, for regular buy and hold investors this might be more attractive indeed 👌
@@SmartMoneywithKai no way to verify the address that you’re sending it to and sign the transaction.
@@DouglasKphoto really? how are you trying to "sign" the transaction? What transaction are you trying to do lol?
Can i have a few bitcoin accounts
Hi and yes, you could 👌
@@SmartMoneywithKaithanks
Could you talk faster..lol
I could 😉