Tangem is Trash! We should not use it! Review & Experiences on Tangem Crypto Wallet

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Not your keys, not your coins
Tangem is just junk and rubbish
My coins should not be stored here!
You don't even have your seed phrase.
Tangem is not secure at all and is NOT a true crypto cold wallet

These are just a few statements that I received from my last videos about the hardware wallet Tangem.

In the video we look at what's really going on and what else the Swiss company does. Because it has been on the market since 2017!

We explore its company history, including its involvement with projects like Xumm Wallet, Start2coin, and Tangem notes for specific cryptocurrencies like Bitcoin, BNB, and XRP. Discover the innovative NFC technology behind Tangem's security, and learn about the importance of seed phrases and their potential risks. With features like a 25-year warranty and partnerships with industry giants like Samsung and Visa, Tangem Wallet proves itself as a reliable cold wallet for safeguarding your crypto assets.

#tangemwallet #hardwarewallet #coldwallet #decentralized #cryptowallet

_______________ ▼Timestamps▼ _______________

00:00 Topics we cover
01:40 10% Discount
02:00 Company History
02:30 Xumm Wallet
02:55 Start2coin
03:35 Tangem notes
04:30 Tangem New Balance
05:30 Is Tangem a cold Wallet
06:35 Not your keys, not your Coins!
07:30 Diffie-Hellman key exchange
07:45 Private Key is shared with the Phone & App
11:10 Seed Phrase Risks
12:20 Seed Phrase hacked!
14:00 25 years warranty
14:30 Quality Management
15:30 Not the owner of the Seed Phrase
16:45 No Display
17:14 New Innovation
18:02 Conclusion

Correction. At minute 12:30 I said that the private key was cracked in 30 minutes. It was 30 hours! Not minutes!

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The information on my channel is only intended as a source of information and/or shows my opinion and experience about a product or service.
My information is expressly not an investment recommendation or investment advice. It's always venture capital - high risk. So please only invest the money you don't need to live, but what you could lose completely in an emergency.
Past results do not guarantee future ones! DYOR.

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_______________ ▼Topic▼ _______________

Hey crypto fans! 🚀 Today we're diving into Tangem Wallet, your next go-to for cryptocurrency storage. Looking for a cold wallet? This Tangem review has got you covered. 🛡️

We're exploring its multi-chain support for Bitcoin, BNB, and XRP, and how it stacks up in security, audited by Kudelski Security. 🤝

Curious about NFC technology? Tangem leads the way, making transactions secure and decentralized. 📲

We'll also tackle the Tangem vs Ledger and Tangem vs Trezor debates, helping you decide the best hardware wallet for 2023. 🎯

Tangem's not just crypto; they've got other products like Start2coin and Tangem notes, and partnerships with giants like Samsung and Visa. 🤯

Don't miss this Tangem Wallet Review 2023, packed with insights on its cold storage, backup cards, and EAL6+ verification. 🌟

Crypto Wallets, Blockchain, Two-Factor Authentication, Ethereum, Litecoin, Biometric Security
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What's your favorite hardware wallet? Tangem, Ledger, or something else? Let's discuss!

GoalFinancialFreedom
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Very informative. I think tangem is doing something a step further than other hardware wallets. No need to keep the 24 words hidden somewhere where if someone finds it, then you’re in danger. If someone finds one card, they can’t do anything. Also I tried using my tangem card on another phone, pretending I lost my phone and card, so on another phone, card and password opened my wallet like it was nothing. So easy! I love tangem!

migdelprado
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Tangem is NOT trash

The seed phrase and private keys are not in the app. They are the in the chip inside the cards.

MatoNupai
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Thumb nail says not to use it and she explains why she will keep use them. Cant make this up

orosado
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I’m a fan of Tangem. Been using a month now and find it convenient while safer than a seed phase system. I travel a lot and love the portability of the card.

My only concern is the recent Wallet Connect issue which has restricted me accessing certain DApps. Any comments on this Malanie? Thanks yet another informative video.

stevehk
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I totally disagree. I love the Tangem wallets. Very secure, as long as you keep the cards secure in different locations. Very easy to use. Good support, as I've used them a few times. I use their multicurrency cards and notes. All good.

marzlanda
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Be aware that anyone who can get access to two of your Tangem Cards is able to get access to your assets. Having two cards and using the recovery option you can restore the wallet and set a new pin/password, even though you don't know the original pin/passport. That's why they "recommend" to keep catrts separately.

xabc
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Very high BTC transfer fees compared to other wallets. $14 to $20 per transfer.

funkjunkie
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🤦🏻‍♂️actually the seed phrase is on the card. It’s brilliant. It’s supposed to keep your seed phrase undiscovered from others and from you to forget😂. Just take care of your cards.

stevenroman
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Agree owner does NOT have secret phrase!! They say it’s built into the chip. Well does the company have the secret phrase? And drain your crypto later date? No way!

ronbo
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Have a Tangem wallet(3), D'cent and Ledger Nano X + S. Tangem is my favourite wallet and very easy to use.

hamishmaclean
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Hi, you forgot to say, that you can make transaction without connected to the blockchain.

chrcoolman
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So confusing, what are you saying?...Tangem wallet is trash but there great, use

Gazza
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Without Reddcoin and Electronium its worthless.

TimGriess
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I dont get it your title says you dont like tangem, and yet your whole ramble is about all the things that make it good, Confused much

tazzyzig
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Bull crap! Tangem is an amazing wallet. 💯

ATLMemeFactory
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I can't wait to get my wallet but this company takes forever. O ordered my wallet 5 weeks ago and at this point I dont know if they will ever send me the wallet.

dannydeem
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Well the cards are the single point of failure. You can't know the entroy that was used to generate your private keys. If you lose all cards you are out of luck. The firmware on the card is not open source.

Saribex
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Lol what. If the code isnt fully source your just trusting they dont do anything bad. Fuck that. This is just a hot wallet with more steps. If the does filly open source then thats a differnt story possibly

dynasty
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Innovative technology is picking up the pace. What used to take a generation no longer does.

staywelle