What's wrong with Tangem wallet?

The Tangem cold storage hardware wallet is one of the simplest, most interesting options in the space. But, there's something that doesn't quite feel right with this wallet. Let's talk about it!

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Tangem's Broken Seals

⚠️ Disclaimer: The information provided in this video is for educational and informational purposes only and should not be considered financial or investment advice. Always conduct thorough research and consult with a professional before making any investment decisions related to cryptocurrencies. Safeguard your wallet and follow best practices to protect your digital assets.

[javishernandez]

I really love the ease of use with the Tangem wallet and the fact that it is the only cold wallet that supports both Kaspa and Chia. But like you, I also have similar reservations. There’s no such thing as the perfect cold wallet which is why I use 3 different ones lol. Tangem, Keystone, and ColdCard for the trifecta

[boldeaglebic]

They have the option to generate a seed phrase now with the ranged 2.0😊

[plasmatch]

For me, the annoyances are: (1) need to trust proprietary closed source firmware and Samsung secure element, (2) cannot enter 25th word to ensure that RNG is not faulty or malicious, (3) no external screen to verify transactions, (4) I don't understand how Diffie–Hellman alone has any ability to prevent man-in-the-middle attacks and obtaining private key while doing the syncing process. But Tangem wallets are still generally pretty good.

[kevinparent]

for me, the anxiety is losing my trezor wallet. while i am traveling for job etc. so as i seen tangem, i totally canceled my trezor purchase and went for this one. easy with mobile (which i use most often anyway) and i have some safe backup at home in worst case. Also cheap. Only thing that would be a good improvement to attract more customer is ; if we can buy a NFC pad that connect to USB port and work on PC/Laptop. that would be awesome and totally a good purchase

[patrickfitzpatrick]

what's the best place to store your seed phrase? That is the biggest concern for me as if someone finds it they can take your crypto, if you lose it you lose your crypto. etc.

[RAVPower-]

Perhaps this is a silly question, but how do I know that the seed phrase is really randomly generated and not perhaps created when the hardware wallet was sent from the manufacturer? This is a general question and applies to all hardware wallets I guess?

[draganostojic]

It’s a good idea for smaller amounts wallet. But to keep a significant amount in a wallet for which you don’t know the seed phrase is a very high risk.

[Rami_Tank]

What do you recommend Tangem or Safepal S1 Pro for altcoins ?

[BillGraper]

Fire is my biggest worry. That's why it's a bad idea to keep all of the cards in the same place, like different areas of a house. I have no idea where I'm going to keep mine. A fireproof safe for one of them sounds ideal.

[techwrightauto]

My biggest nagging issue is that it doesn't generate fresh addresses for sending crypto to my wallet like my ledger did.

[ksoonsoon]

If you don’t use Tangem for BTC, What do you use as your long-term bitcoin wallet?

[ashwynfernandes]

Hello all,

I just received my tangem card 2.0 and seals were open, I don't know if the customs did it or if it happened during transit..

How could I check and verify if these cards are genuine and not exchanged and replaced for duplicate cards...?

Please do reply and help me, as I am very paranoid now..

[revshareglobal]

So far tangem has not had 1 card hacked

[johnpulley]

Not sure yet, just got mine today . I will set it up and let you know !!! Thanks

[dottorcarlone]

You can generate your seed, the chip is airtight, and warranted for 25 years, what are the chances you fk up all the 3 cards? The fact about 12-24 seeds it s just a jerk! 12 seed phrases is 2^132 you have more chances to be struck by a lightning 10 times in the same day than someone to find your phrase! Also the problem of generating your private seed or not it s silly….both the cards and seeds should be treated as gold! And if someone finds your seed you re fked, if someone finds your card, still there s a code as a layer of protection

[Namazani]

But you can generate seed phases in Tangem 2 without internet connection. That would be the good thing?

[andyinnes]

This is not the case with Tangem 2, you can generate a seed phrase if you want it now.

[teasquared]

Like you said… conduct a reality test every few months. If one backup goes to shit, order a new three pack, transfer & you’re good to go. These are easy to use, super safe with the no seedphrase approach, and priced perfectly. I like ‘em. Plus- water proof, and resistant to extreme temperatures. Done.

[kasnz]

Tangem is the best. 3 cards, so 2 fail safes (ideally at different hidden locations), optional seedphrase if you want it. But if you don't use seed phrase, you need a card and pin number/thumb print/facial scan to approve any sending of crypto

[rom-gall]

what is the best alternative according to you ?