What is Tangem, and how does this card wallet protect Crypto Assets?

What is Tangem

Tangem is a hardware Wallet solution designed to make the self-custody of Crypto Assets simpler and safer. The Wallet is a physical card that contains a certified secure element chip with a security level of EAL6+. This is similar to the chip standards used in biometric passports and bank cards. The private key is generated directly on the card, never appearing online, never touching a computer, and never leaving the secure chip. Transactions are signed internally and confirmed through a mobile application without exposing sensitive information.

How does Tangem work?

Tangem operates through a simple card and mobile interaction model.

1. Users install the Tangem mobile application on their smartphones.
2. Tangem card interacts with the phone via NFC.
3. This application displays Wallet balance and prepares transactions.
4. The card uses a secure chip to sign transactions internally.
5. The signed transaction is broadcast to the blockchain network.

The private key always remains on the card, which greatly reduces the risk of being attacked by hackers, malware, or phishing attacks.

The main features of the Tangem Wallet

Security Model and Risk Reduction

Tangem places great emphasis on reducing user errors, which is one of the most common causes of Crypto Asset loss. Traditional Wallets rely on a seed phrase that must be written down and stored securely. If the seed phrase is lost or leaked, funds may be permanently at risk. Tangem eliminates this risk by allowing users to create multiple backup cards instead of a written phrase. Each backup card stores a copy of the private key within its secure chip. This design eliminates the risk of someone finding or photographing the recovery phrase. From a security perspective, the Wallet is read-only, so even if the phone is compromised, malicious software on the phone cannot extract the private key.

Supported Assets and Use Cases

Tangem supports major blockchains and tokens, including Bitcoin, Ethereum, stablecoins, and many popular altcoins. Investors typically use Tangem to store long-term held assets while keeping a smaller balance on exchanges like Gate.com for active trading. Typical use cases include long-term holding, large balance cold storage, self-custody suitable for travel, and portfolio diversification between custody methods.

Comparison of Tangem with Other Hardware Wallets

Tangem stands out in terms of usability and portability while maintaining cold storage security.

Make money through Tangem and trading platforms

Tangem itself is not a trading platform. It is a storage solution. Investors typically purchase or trade assets on platforms like Gate.com and then use Tangem to securely store those assets. A common strategy is to actively trade on Gate.com, profit under favorable market conditions, and transfer long-held assets to Tangem for cold storage. This reduces exposure to exchange risks while allowing continued participation in market opportunities.

Conclusion

Tangem represents a modern self-custody method for Crypto Assets, combining strong security standards with simplicity and portability. Its card-based design, secure chip architecture, and no seed phrase backup make it appealing to investors who value security but do not want to deal with technical complexities. For traders using trading platforms like Gate.com, Tangem is a reliable cold storage option that protects long-term held assets while maintaining flexibility in active trading strategies.

Frequently Asked Questions

1. Is Tangem a cold Wallet?
   Yes, Tangem is a cold Wallet because the private key is generated and stored offline within a secure chip.

2. Does Tangem need a seed phrase?
   No, Tangem uses backup cards instead of written seed phrases, thereby reducing the risk of exposure.

3. Can Tangem be remotely hacked?
   Remote hacking is extremely unlikely because the private key has never been connected to the internet.

4. Is Tangem suitable for beginners?
   Yes, Tangem is designed to simplify operations and is perfect for beginners looking to securely self-custody.

5. Can Tangem be used with trading platforms?
   Tangem is used for storage. Assets can be transferred from platforms like Gate.com to Tangem for long-term holding.