Tangem hardware wallet

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Aug 3, 2024
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Haven't seen any thread or comments about this hardware wallet, looks pretty solid for daily use (mobile-only).
Looks just like a normal credit/debit card so carrying it through airports shouldn't be an issue at all.
The code for their wallet is also open source https://github.com/tangem

A few downsides I can already see are:

1. Firmware can't be updated, so it will eventually become obsolete
2. Mobile-only (BUT, you can of course import your seed phrase on a ledger)
3. Not very privacy-oriented (need to dig more into this)


If any of you already have this wallet, please share your experience here.
Will update this thread once I receive my cards...
 
it looks sexy and convenient but
1) I don't understand why the card is not‌ mimicking the payment card a bit better and instead they make it so easily recognizable‍ (the ring version doesn't suffer from this it appears)
2) using the phone display is⁠ insecure and unacceptable for any serious use-case - it's too vulnerable and the user cannot⁤ be sure what transaction is actually signed - hw wallet must have it's own display⁣ where one can verify what's going on
 
i will probably add a sticker on it and‍ see if that helps

Agreed, I can see it being quite good⁤ for daily use, but that's about it, wouldn't move millions with it (which I don't⁣ have stupi#21)
 
I wouldn't use Tangem for cold storage, probably just as a hot wallet.
 
Ordered this wallet as well.
Mind sharing what wallets you use for‍ cold storage?

I think we are missing a thread for "best cold wallet"
@JohnnyDoe @rss @void
 
I have a few of every Ledger and Trezor model, still testing Tangem but I don't‌ like it at all so far.
 
Yeah, I think hardware wallets peaked with the Trezor Model T, I absolutely love‍ it even if I have the newer model.
 
agreed 100%, I‍ own 6 of those for years and also helped about 20 people with purchase/setup of⁠ their own - not one single device failed, no complaints, 1-2 hours and occasional questions⁤ on the fly is enough to turn a person with mediocre technical skills to a⁣ responsible holder

safe 5 is obviously "better" but brings very little additional value

wearable hw⁢ wallet with bluetooth and combined with personal password manager is the next step I believe/hope︀ - makes a lot of sense to me
 
sad reading - so that's clearly the end of‌ yet another ambitious company rushing to join the promising market of hw wallets without understanding‍ what it takes
 
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