Tangem Review – Key Features, Pricing, Reviews, And Much More

Tangem company is operated by Tangem AG, a firm registered in Switzerland. Since 2017, the company has provided investors all over the world with secure and innovative ways to store their cryptos.

Generally, the industry is still not oversaturated. That’s why it’s not surprising there are so many crypto wallet providers. However, this detailed Tangem review answers the question of whether this cold wallet is reliable or not.

Tandem Founders

As with any other startup, Tangem needed quite a big funding in the beginning to reach its targets. With its headquarters in Switzerland, the company had the needed credibility for it. On top of that the whole company’s staff, starting with CEO Andrey Kurennykh have more than 15 years in the tech world.

Other important members are Andrey Lazutkin (IT expert), Vijay Sondhi (CFO), and Patrick Storchenegger (lawyer). 

Ultimately, this highly experienced team raised $15 million in funding from SBI Crypto Investments Ltd. in 2019. The second round led to another $8 million raised and helped the business expand quite quickly. 

Why Is Hype Around Tangem So High?

One of the details that always attracts people is design. With its card-shaped and lightweight design and display-free cold crypto wallet, it quickly gained popularity among investors. According to the company, they have sold more than 1 million devices worldwide, and none of them were hacked. 

And that’s one of the main advantages that is easily achievable when cold wallets are non-custodial. But still, it’s not as popular as some of the competitive hardware solutions. Why is it so?                

What Is User-Experience With Tangem?

Quite surprisingly, the Tangem reviews on Trustpilot don’t look promising. With more than 30% of low-rated reviews out of 120 in total, that might be a disturbing detail. On the other hand, if you check the Reddit platform, traders also have split opinions about this hardware’s reliability.

Most of the issues reported by traders are related to the verification of transactions, compatibility only with mobile apps, poor customer service, and delivery options. Before you make a decision on where to stack your crypto, we also suggest you check our Ambire and NGRAVE reviews.                                                                                   

Innovation Behind The Tangem Wallet

In general, microprocessors and microchips are nothing new in the IT world. However, how they are used in everyday products makes a big difference. One of the key advantages of the new chips used by the Tangem hardware wallet is the EAL6+ chip security standard. This evaluation assurance level grants a chip more rigorous security protocols to meet.

In addition, the device has IP68 standard resistance, meaning resistance to a wide range of electromagnetic effects, counterfeit protection, and no battery involved.      

Tangem Crypto Compatibility

When it comes to supported networks and cryptocurrencies, the wallet must have a wide range of coverage. In the past, some traders were reporting issues verifying some wallets for certain networks. 

Nowadays, it appears it’s all sorted out. In any case, with 48 networks available, you can only imagine how many cryptos you can store in this wallet. Some of the most popular assets are:

• Bitcoin
• BNB Beacon Chain
• Solana
• Ethereum
• Cardano
• Dogecoin
• Shiba

Is Tangem Price Worth It?

With quite a low price range, this hardware wallet can be a good option for any budget. The company offers two bundles without taxes and duties included in the price. The options are:

• 3 Cards Set  $69.90
• 2 Cards Set  $54.90

Whatever option you choose, the shipping rate is flat, $5.99. On the positive side, there’s an active promotion and free shipping if you order two wallets until the 30th of April. The key difference between these offers is in safety. Access keys are stored on the number of devices you have purchased and those are the only copies in the space or time.  

Compatibility With Devices

Many traders are still afraid all devices can be easily compromised. Even be a target of phishing activities. In any case, this company has lowered the chance for it by not offering a desktop version or web-based version of the wallet.

Instead, traders can only use the mobile apps available in AppStore and PlayStore. Whether you want to buy, sell, or swap cryptos, you are doing everything directly from the app with the Tangem Express feature. If you still opt to buy Tangem, keep in mind the potential delivery issues many traders reported

Conclusion, Pros and Cons 

Whether you are doing an arbitrage, swapping coins, or staking, it takes time and money to reach some big numbers. Unless you get lucky. In any case, the key benefits of this hardware are its sleek design, user-friendly app, security features, and 25-year warranty.

The downside of Tangem is that the NFTs and earning options are not available at the moment. Neither are desktop apps. But also, the whole concept is still new to traders. Even though it’s a completely different investing field, Funded Trading Plus is a proven company with thousands of satisfied users who are now using funded programs to make profits in the market.

The main advantage of this program is that you can invest without risking your own money. But also top-notch educational programs, support, and trading tools. Not to mention, traders don’t have limitations when using advanced tools and strategies. Another benefit is the common promotions the company offers to new clients. Sign up with Funded Trading Plus today and expand your investment experience today.

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