Tangem Cryptocurrency Hardware Wallet: Full Setup & Demo

[@CryptoDad]

At 14:20 I mentioned that the cards were like bearer bonds and that anyone who found them could access your crypto. This is incorrect. After you have initialized your cards, no one can sync up the cards to their device with out the access code that you create. I found this out through research and more experience with the cards. I apologize for this statement. I had just unboxed these and did not realize that the access code prevented someone else from sinking up the cards to their device.

[@barem4827]

No worries and thx for the update.

[@nonshatter7]

I think you should annotate the video as many may not read your comment here.

[@johnsilverman2538]

Just watched your Tangem from 6 mos ago. For basic storage this thing has the Ledger Nano X beat by a country mile. Once Crypto Dad blesses this little gem I will make the switch. Once again thanks so much. I started my crypto journey 6 years ago and have been with you all the way.

[@CryptoDad]

Yes, the Tangem is a great wallet. I’m flattered that you respect my opinion so much. But choosing a crypto wallet is not a black-and-white decision. Some wallets do things better than others and the ledger still has its uses. But the Tangem wallet is so inexpensive that it’s great to have as an auxiliary wallet. Consensus these days is that it’s best to spread your assets across several wallets to mitigate risk. In practice, though, you may choose to use the Tangem as your go to wallet. It definitely has all of the security features required for long term hodling. Especially now that they support seed backups.

[@ricolobo1774]

Really appreciate the format of this video with the slow & easy to understand step by step with camera. I am so new to crypto & a lot of people just don't take the time to explain in layman's terms that most folks can understand.

[@maxbeerman1429]

this is a good video for when you have NO experience with these kind of things, really nice, THANK YOU

[@SamuelBambang73]

Hands down the best info i can found in youtube. Thank you

[@silverstacktician5065]

The best instruction, easy to understand discription I could find..... thank you!

[@Hondo0101]

I bought one because of your video. Thank you that looks super simple and safe.

[@AstronomyLive]

I like this presentation a lot, and I think that Tangem is a better cold wallet device than Ledger. 👍👍👍👍👍👍

[@Ferdy_Forever]

@AstronomyLive Why do you think that Tangem is a better cold wallet device than Ledger?

[@scarecrowbar3375]

@@Ferdy_Forever Ther's no seed phrase to have to hide or be scammed into revealing, no battery, wires, usbs

[@AstronomyLive]

@@Ferdy_ForeverI like the fact that this cold wallet is Swiss made, next We don't have to worry about the seed phrases, which makes it more safer than having Ledger, or Trezor There is also a chip that is highly secure and the keys never leave this chip. The only thing you need to worry is not to loose your cards otherwise you will loose "all your money", well I hope I was able to explain a little on the Tangem cold wallet card.

[@Ferdy_Forever]

@@AstronomyLive Thank you!

[@mrplodge1]

@@AstronomyLive so losing a card you effectively lose your money. Someone gets your ledger you still have your crypto. I like the idea but need extra confidence if lost or stolen so i will research more

[@papataiga1]

Thanks so much again CD - Thats why I'm a long time subscriber, I've lost count of the years. So easy to follow with precise, simple instructions.

[@CryptoDad]

Glad to help!

[@luizbarajas9697]

Been using it for 2 years now! Great wallet 🔥🔥

[@vitomavrak1147]

How do you do your taxes, is there transaction history inside tangem? i don't see any :(

[@greyshark1234]

@@vitomavrak1147 click on a currency on the main screen and chose explore address to see your transactions

[@lifecience9512]

Yea they haven’t included turbo tax with it yet. Maybe soon…

[@barem4827]

Thank you for this video. I just received my Tangem wallet and your channel is the first place I go for instructional videos. Again, thank you and have a great holiday weekend!!

[@samdimaria5239]

Tangem is by far the best cold storage available 😊

[@edubb2491]

Can you link your personal bank acct?

[@rherrera4177]

@@edubb2491that’s a good question

[@auggiebindoggie9896]

People will need multiple options, trezor for long term secure storage of large amounts crypto, this tangem card for daily transaction ie. grocery store or gas station. Great video. i will prob be ordering at least one set.

[@CryptoDad]

Well said!

[@scarecrowbar3375]

I would be happy to store long term on this as I wouldn't have to worry about some one finding my seed phrase I wrote down and hid.

[@ilooklikeme7106]

Why wouldn’t you use this for long term and large amounts it’s the safest wallet

[@wolfsfire68]

Great video on the Tangem Wallet Rex. You did mention however that if someone got your card all they would have to do is download the app to be able to scan the card and get access to your crypto. There not getting access to anything unless they know the pin code you set up for your wallet. Which you have to put in every time you log in to the app unless you are using biometrics.

[@XMON888]

This!!

[@citizengkar7824]

I was about to comment the identical, then saw yours: +1 Somewhat misleading, to anyone thinking of getting one. He should do a retraction, & add it to this video.

[@laughingbird]

So should I remove the biometrics option from my phone ? In regards to this app

[@holodeckdragon8876]

so glad u clarified this. alarm bells went off in my head when he said that!!!

[@holodeckdragon8876]

big error!!! @@citizengkar7824

[@user-dd9eo2wz3h]

Just used your coupon code. Open-source, safe, and great price. Will finally be able to throw away that Ledger plastic crap

[@theRealJesus-shalom]

Fake account

[@citizengkar7824]

@@theRealJesus-shalom How's it a fake acc.?

[@universallaw8850]

Did your tangem wallet come yet?

[@ecemsuyanlma]

WinpToken is generating some serious excitement. Happy to See the comments agree.

[@cryptotrain6334]

This is absolutely awesome

[@jasonwblangley9956]

Awesome vid Rex... Thx for your time you spent on the tangem wallet. Think I'll try it.

[@brinklon545]

A customer service rep informed me that with all the cards including the backup CANNOT be access without the PIN number you assign to them.

[@CryptoDad]

Oh that's great. I was not aware of that.

[@HtPt]

@@CryptoDad Yes i think you need to clarified at the end of this video "if you lose a card you lose your crypto ", you need the PIN . thanks.

[@tommyd688]

@@HtPt You would have to lose all the cards to lose your crypto.

[@HtPt]

@@tommyd688 yes I know , dad said I’d you lose A card you lose your crypto is NOT correct 👍.

[@mrlahjr]

@@HtPt I believe he said that if someone has access to your cards, they have access to your crypto because they can download the app and sync up which isn’t true.

[@jameshinton-howard6778]

Thank you for the discount code which I used to purchase my Tangem wallet. I plan on using several different hardware wallets after the latest fiasco with Ledger.

[@theRealJesus-shalom]

Fake account

[@freedom-r4y]

Nice, cheers for the run through on the Tangem Wallet!

[@CryptoDad]

You bet!

[@oldmanstillcan]

Right on, just ordered a pair.

[@cx1291]

Great information as usual. Thanks

[@CryptoDad]

Thanks Paul!

[@imonnights]

Great content, thank you for sharing 👍👍👍👍👍

[@dannycox9745]

Tangem is the best 🎉

[@plentius]

Awesome job. Thanks so much. Jon.

[@gulcansahin6495]

Just invested in WinpToken's presale. Happy to see the Winp Token army in the comments

[@holodeckdragon8876]

very thorough. thnx

[@mattk.5258]

Normally, A seed phrase is used to generate your private keys, they are essentially the same thing. That's why a seed phrase can be used to recover your wallet and it's why if your seed is stolen, so is your wallet. You don't need a seed phrase if you have your private keys on the card.

[@Judah_Mafia_074]

Not your keys not your crypto

[@DaSesh]

@@Judah_Mafia_074 your keys can still be exported the app is open source and you can theoretically pull your keys after generating them with the card but there is no need to do that

[@DaSesh]

@@Judah_Mafia_074 and learning how NFC works not everyone will be able to decipher that namean versus a 12 or 24 phrase can be cracked which I cracked my own ledger I lost 4 of the remaining phrases but through AI and a script.i was able to get my wallet back and my seed

[@derekwhite5090]

@@DaSesh have you seen the code (open sourced) to prove your assertion that the private keys can be pulled ?

[@Scorch428]

Remember: Just because something fits in your wallet, doesnt mean you should carry it there :P

[@hart-coded]

omg this is a life saver. I had ledger and what a pain with having to update the app every time I used plus the difficulty. I love this tangem

[@chrcoolman961]

I love yoyu too :)

[@randallledbetter7158]

Ok, great video by the way. First I ordered an Arculus wallet. Then wouldn't you know it, I saw videos from professionals saying they didn't trust the Arculus wallet. Also could not get the damn thing to go through setup properly. It is a bookmark now. Bought a Ledger Nano X about seven months ago. Too small for my hands and difficult to use. The thing that has absolutely scared me away from this wallet, is that they want to be the "Budweiser" of hardware wallets with their introduction of a backdoor threat and a restore scam. I also don't like the fact that they may be in bed with the government, and would have no problem passing around their customer's info. I have ordered a Tangem Wallet (the 3 Pack ). I am hoping this will solve my problems with just wanting to safely store my crypto. I am watching this video because if I have a falling out with Tangram, D'Cent wallet is on deck as a choice :)

[@nooreldiensoltan1419]

I'm thinking of replacing the Ledger with Tangem, really cool & secure technology💥. I think many people are watching this video for the same purpose 🥲 Shame on you Ledger.

[@digitala-u9f]

This is a great video, but I can't find the link on the website which would lead me to the Tangem wallet app? It appears the the company may have changed it's appearance of website a little post video and perhaps forgot to put back the link to the Google playstore App?

[@emmanuellorenzodiaz55]

So how do you know that the cards are not pre tapped?

[@thlcrs2464]

can we use yubikey to protect it even more

[@seansamuel5329]

If you lose your phone can u acres ur crypto from another phone. Or if ur phone is damage ?

[@walterharris6311]

Thank you very helpful

[@ozb10]

Tangem or d'cent wallet. Ive seen you have both, which one is better? Thanks

[@Legpestibb]

14:24 No I think if you setup a code-access code instead of Face ID nobody can sync up just with the card if they don't know the password

[@Nickkk-sk8ny]

You set an access code while activating the wallet. Nothing can be performed with the card without this code at all. Even if you enter the wallet using biometrics you can check your balance but not withdraw crypto 'cause you'll need your card and access code to be used to confirm the operation

[@tiamu4967]

@@Nickkk-sk8ny From Tangem's Help Center: "Tangem Note cards have no backup option and access code protection. For this reason, the cards can be compared to traditional banknotes: whoever owns the card can access the wallet. Therefore, like traditional banknotes, cards must be physically secure at all times."

[@JDCraftMCPE]

​@@tiamu4967"A third party will only be able to access your wallet if your cards are not linked (you have not backed them up). In this case, access code protection is not available: it appears only when you link two or three cards to one wallet."

[@scorps0326]

Thanks for the great explanation. Three potential issues I can see with this. 1. You will more than likely always have your phone and card in the same place - on you. If someone robs you and wants to cause you harm. All they need is your passphrase / code... which is also on you. 2. Lose your cards in a house fire / flood / or the company goes out of business and does not make cards anymore, you'll have to transfer before losing your cards... if you can. 3. I haven't researched this but I guess you have to trust the company / source code that your phone does not project your seed when authorising or creating when using NFC. But it's not a bad solution really.

[@2ndTim3_1-6]

what if you simply lose your phone ? I havnt seen how or if you can recover the connection to the cards.

[@scorps0326]

@@2ndTim3_1-6 the seed is attached to the card, not the phone or the app apparently. So if you lose your phone you can just scan the card and put in your password again I beleive. According to thier website

[@Scorch428]

1. only idiots will 2. you get a free backup card with your order 3. with any crypto company, there is at least some degree of trust, its relative. And Tangem seems relatively safe. Safer than Ledger anyway, which is the best competitor.

[@creativelkos]

@@2ndTim3_1-6. When you will download and use the app in another phone when you will try to scan the card it ask to use you recovery password to use the card

[@AndyGathercole2804]

Not at all happy…I have purchased 3 tangem cards after I checked if they were okay with my phone. I started to link my first card to my phone & when I hit the backup I received the message that the tangem card was NOT compatable with my iphone7 …so now I have tangem cards that I cannot use unless I upgrade my mobile phone. I am an OAP and cannot afford to waste money in this way. ☹️😠😡

[@MrTubamo]

Even you lost your card and someone found it still they cannot use it without your access code.

[@henrikpetersen3266]

Just ordered 2 sets, the CRYPTODAD discount code still works. Thanks for your videos that I find very useful.

[@universallaw8850]

Hey dod your Tangem wallets arrive yet? Ordered mines today

[@LoveDonkey604]

does it matter what network you choose?

[@sonerbektas1255]

Winp Token The team behind it seems dedicated 00:35 and the project itself has a lot of potential.

[@luckydawg6077]

Thank you for the video, awesome demo.

[@taxxxiddriver]

Are you sure that once you scan the card, the private keys aren't stored on the phone? Also, never use face recognition, as it's not a secure method.

[@vegasvato55]

What happens if you loose the phone the wallet is linked to???

[@levongoldsborough9235]

Great info thx 😊

[@hansm5566]

Great vid. Thanks!

[@baronsilverbaron757]

So if you lose the cards or the chip doesn't work anymore there is no way that you can recover your crypto.

[@amarin053]

Hi cryptodad, my question is this: Can you use 2 factor authentication to add security on the wallet aside from the passcode and face recognition?

[@FrakBeats]

I wish he would actually respond to worthwhile questions like this.. kind of annoys me how he doesn't.

[@Grimmymoz]

Best video!

[@aliyilmaz1733]

0:45 I just got in the WinpToken presale before it blows up I have trust in this projects.

[@Khalis33]

Do we know if Algo, HBAR and XDC are supported on this?

[@steelgtr]

Can yo add additional cards to the same primary card?

[@racefan6668]

I see on the xumm wallet that you can set up your tangem. Can you record a tutorial as to how to do this?

[@davidwood6045]

Hi great video, when you have mutable networks associated to a currency how do you decide which is the best one to choose

[@babybijou969]

Tangem is headquartered in Europe, but is manufactured in China/Hong Kong… are there any concerns (of back-door entry, or hacking), as China is infamous for engineering into their technologies?

[@xayxiong6723]

Hello with this Tangem can you buy xrp for a example from the app itself or you have to buy from a different crypto place and then transfer it over to Tangem thanks

[@cascounty]

New to this ... How do you know what chain to use if the coin doesn't tell you what they are using??

[@realityrake]

My question is, is the chip in the card vaunerable to magnetisim could it be damaged if put to close to a magnetic source? Other tham that Im liming what I see and as long as you store the backups in a sucure safe say with emp protection / faraday cage it should last a long time.

[@chrcoolman961]

Buy and try :) then you know it, I have it in a rfid cover in my wallet.

[@wonggentle]

Very nice! Thank you Crypto Dad. Can i send any coin from my Tangem wallet if i don't have a phone? Say, using the camera on my laptop?

[@Jumpman_Plebz]

Whats the difference between default and legacy on btc?

[@derekwhite5090]

At 14:30 you suggested that if you lose a card or it gets stolen then thats bad as someone could just link your TANGEM card to their phone/app. I hope you’re wrong here….I would assume (hopefully) that you would need your FACE or Passcode to get in. Please try with one of your family members phone to see what happens. Thanks for a good vid.

[@CryptoDad]

I was actually wrong about that. They would need the passcode to link your lost card to their app.

[@XMON888]

@@CryptoDadshould probably mention that correction as many are confused by that.

[@NateJGames]

@@CryptoDad Hold on, if the software is open source, couldn't someone re-design the program to bypass the requirement of a passcode to link and use the wallet?

[@preciseaudioblog]

Could someone scan the card (like they do in airports) to steal your card’s key?

[@cesarquebral9900]

Very helpful, thank you

[@traviskelly7082]

whats the max funds they can hold?

[@clutch2827]

You need to update or re-do this video.

[@devinnorman3103]

Where can I see “ALL”supported tokens for this wallet without buying it or can you do a short video and just scroll through the coins

[@Mecambrea77]

So you put the back of the card when they required the card ? And what happened if someone get your card and download the app ?

[@Gtfoyanw]

Crypto Dad, do you like this card or Arculus card better, I’m looking into both of those. TYIA 😊

[@christophersjourney9430]

Enjoyed the review of the Tangem Wallet. Well done tutorial.

[@drsriram167]

can we connect this wallet into exchange like pancake swap ?

[@adrianmcdonnell9085]

Is it possible to use one of three cards to use as a separate wallet, so I can use that card for connecting airdrops etc which will only have a small amount of crypto?

[@seansamuel5329]

Can u set up on your laptop

[@lucian5304]

Thanks cryptodad...what happens if tangem goes banqrupt...how do you get you crypto..im assuming the app wouldnt be available if they went bust

[@coreyg3228]

I was looking for ledger alternatives and was wonder what you think about possible malware through the phone app. I've heard it's one of the vulnerabilities. Thoughts?

[@JDCraftMCPE]

At the end of the day for every hardware wallet you have to trust the manufacturer didn't install any backdoors in the hardware, the firmware and the app... so Ledger is just as safe as any other, but it's probably good to split between several if your life savings are on them.

[@Aurorae]

@@JDCraftMCPE which then begs the question, why would anyone put their entire life savings into crypto, let alone one wallet?

[@michaelgod4891]

For malware, You get another phone and recover with cards

[@flossyharrington7325]

hi there, does the wallet store reddcoin and/or ETN please?

[@MajesticLawnGnome]

Haven't watched through the full video hopefully they have a cool NFT view section too to see the eth NFTS or others. I love the wallet though and just saw your latest video how they allow us to create our private keys! to store ourselves which is really really cool.

[@kadirxxx458]

Just snagged some Winp Tokens in the presale. 1:54 let's gooo boys

[@jeffdonofri8027]

What functionality on the phone is required to be able to scan the cards?

[@CryptoDad]

The cards use NFC which is built in to most smart phones now. en.wikipedia.org/wiki/Near-field_communication

[@bitsmart...]

The CryptoDad, but when the assets are on the wallet, they don't generate interest on the blockchain/crypto platfom ... correct?

[@vincentiengo4470]

when I added the ADA and Sol tokens I was asked to enter the passcode . You did not do it in the video do you think I have a problem?

[@benmiguel]

Hi, I’m considering getting a Tangem, but have a question. If I add a blockchain to the wallet and the keys are stored on the wallet only, how do the other cards know? For example, if I was to add the Cardano blockchain in my Tangem primary card and my card is destroyed and then use my back up card, how does it know if I set up the new block chain on my backup card? If it’s been set up on my primary card that holds the key as per set up? I hope this makes sense, still getting my head around things in regards to self custody.

[@Geo.S-f4m]

They're all clones. Any one of them acts as others. Fire may destroy one, but if 2 are in different locations you will still have one left or 2. Bank deposit box or at least one in a compact fireproof safe which you can buy in many places

[@molove2020]

Good video demo! Can you move the ETH to Arbitrum on the Tangem app?

[@vegasvato55]

More Examples of Demonstrations of funding and transactions with tangem wallet would be very much appreciated...

[@kf4wnf]

I have 2 Ledgers, which I am about to destroy, once I move all my crypto to my new Tangem wallet.

[@RemoooooooJenkinssssss]

Yes please! I love this wallet but I’ve encountered a few tokens require to “load” a certain amount of that crypto to “create an account” is it simply sending that amount of crypto to the public address? Or do we create an account somewhere online? Tokens are XRP and XLM.

[@edca8114]

How Do you like your Tg card wallet. So far. Any update ?

[@GGk58]

Wondering if everyone’s Tangem came from Hong Kong as did mine?

[@Zues64]

hey Rex, I’m just learning about this ledger recover issue. Are you going to abandon your ledger devices in favor of this tangem wallet now? Seems like a big waste of money but I would value your opinion on what I should do. I had no idea that ledger was not open source at least that’s what my research tells me.

[@negativemann]

Ledger also keeps a database of evey seed phrase 🙄

[@k26h]

Is it correct that unlike Ledger, to keep crypto safe you need to transfer it (for a fee) on a Tangem wallet?

[@mrplodge1]

so all i have to do is lose the card and crypto gone sounds really secure. I like supports a lot of coins and may use for small amounts but i need more security if lost

[@iva4856]

Omitted is how to create with the three cards two wallets not one. I believe I've seen this done in a YT video but now can't find it!

[@CryptoDad]

It is possible to do this, but not really advisable. It's not really the way the cards were designed to be used. If you want two wallets, then just buy a second card set. They are not really that expensive. Once you have your second set of cards, just go into these settings and choose "add new wallet".

[@jamesthompson7744]

How do I cancel my Stax order as it has not shipped and I would like to use a Tangem Wallet. I still have a Nano X and a Trezor.

[@k26h]

Is it correct that unlike Ledger, Tangem is actually keeping your tokens which you have to transfer to the wallet and pay a transaction fee?

[@HtPt]

Hi Dad , how about the Pin Code and the setup? , isnt it a safeguard of you loose one of this cards on the go ? thanks.

[@Scorch428]

why would you carry it with you? its meant to be stored in a safe deposit box or fire proof safe, or just in your valuables drawer. Not in your wallet.

[@HtPt]

@@Scorch428 you want them separately, and you want access your funds at any given time . Specially if you use USDT or any other usd derivatives.

[@ronbo30]

Not support by iOS? Not apple? Is not on App Store?

[@randuxy]

@The CryptoDad - Tangem claims the privet key never leaves the device, but then how does the backup card get the same privet key? There is something being transferred from the main card to the back up cards through the IOS app right? Are these Cold Wallet really from China?

[@buildyourowntone]

Good point, I never gave that a thought, hmmmmm. We need this answered, please.

[@itsjojo727]

Buddy. Great video

[@JoseHernandez-xy8mj]

If the phone dont suppout NFC I think we cant use Tangem at all?