The landscape of crypto hardware wallets is evolving, moving beyond the bulky designs that defined previous years. Tangem, a Swiss-based company, is leading this transformation with its stylish yet secure offerings. The Tangem Wallet, which resembles a sleek credit card, combines top-tier security with modern aesthetics, catering to the needs of both new and experienced crypto users.
Since its launch back in 2018, Tangem has garnered a solid reputation for its innovative approach to digital asset management. Currently, the company is incentivizing potential customers with a limited-time offer of 10% off for readers of 99Bitcoins, showcasing its commitment to accessibility.
What sets Tangem apart from traditional hardware wallets is its unique card-like design, making it highly portable. The wallets are sold in sets of two or three, ensuring that users have a backup option readily available should one go missing. Each wallet utilizes Near Field Communication (NFC) to facilitate transactions through a companion mobile app, which employs biometric security for an added layer of protection.
One of the most compelling features of the Tangem Wallet is that it operates entirely offline. This design ensures that users retain complete control of their cryptocurrencies, eliminating the risks associated with internet-connected devices. With the Tangem system, users maintain sole ownership of their private keys, providing peace of mind and empowerment over their assets. For additional security, Tangem offers an optional seed phrase backup, but by default, users do not have to rely on this feature, lowering the barriers for newcomers to the crypto space.
For those preferring a more understated accessory, Tangem also offers a ring version of its wallet, maintaining the same functionalities in a subtle, finger-friendly format.
Tangem Wallet supports a vast portfolio, accommodating over 16,000 digital assets across 85 different blockchains. Its mobile app is compatible with both Android and iOS devices, allowing users to buy, sell, swap, stake, and connect effortlessly to decentralized applications via WalletConnect.
The accessibility of Tangem Wallet is particularly noteworthy for users entering the cryptocurrency market. The typical challenges associated with securing private keys are effectively mitigated through an intuitive setup process. Advanced users will also find Tangem accommodating, as it supports interactions with exchanges and decentralized applications, making it suitable for both novices and seasoned crypto enthusiasts.
Founded in 2017, Tangem has rapidly built a strong reputation in the cryptocurrency sector. The company’s hardware and software solutions have undergone rigorous audits by recognized security firms, including Kudelski Security and Riscure, to ensure user safety. Notable collaborations with global brands like Visa, Samsung, and Cardano further illustrate Tangem’s credibility within the industry.
The Tangem journey began in Singapore with the launch of its smartcard wallet, which was well-received by both users and experts. The product was lauded as a “smart banknote” for digital assets, paving the way for subsequent innovations like a multicurrency wallet and the Tangem Ring. The company is also actively pursuing patents for private key transfer technology, underlining its focus on enhancing user experience.
In summary, Tangem’s unique design and user-centric features make it a formidable challenger in the cryptocurrency hardware wallet market, merging security with style and simplicity. As the crypto landscape continues to evolve, Tangem remains committed to innovating and catering to the diverse needs of its users.
