Tangem Wallet Tutorial: Quick Setup & Transferring Crypto!
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- Опубліковано 15 тра 2024
- Alex shares how to setup the Tangem wallet including how to transfer crypto and manage your funds with Tangem.
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tangem.com/en/pricing/?promoc...
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Chapters:
Tangem Discount - 0:00
Tangem Wallet Setup - 0:43
Managing Crypto - 3:12
Receiving Crypto - 5:30
Sending Crypto - 6:33
Selling Crypto - 6:55
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Disclaimer: The information provided is for informational purposes only and should not be considered financial, legal, or tax advice. Viewers are encouraged to consult with qualified professionals for personalized advice. While efforts are made to ensure accuracy, we are not liable for any damages or losses incurred. Content reflects opinions and does not constitute professional advice. The channel may earn commissions through affiliate links, but this does not impact content integrity.
#crypto #tangem #tangemwallet #tangemwalletsetup #tangemwallettutorial #cryptowallet #tangemwallet2.0 #tangemcard #hardwarewallet #bitcoin #newtangemwallet #optionalseedphrase #web3 #nfts #nfts #blockchain #ethereum #cryptocurrency #web3technology #ledgerwallet #blockchainwallet #blockchaintechnology #trezorwallet #coldwallet #bestcoldwallet #besthardwarewallet - Наука та технологія
Hi, I just want to say thank you so much for answering every single question in your comments section. I was able to read through all of them and learn more. I think that’s awesome of you - subscribed. 😊
That’s awesome, I’m glad it’s beneficial for others too. Thank you for your support.
- Alex
Yea,He talk fast but the English is clear, good Dr!
Thank you for the great information. It helped me soo much. Please keep doing what you are doing. Great information!
Thank you 🙏
Best explanation. No Bs just straight to the point step by step 👏👏👏🤝
Thanks for watching!
I ordered mine yesterday! Can't wait. As a new comer to the crypto scene this will be my first cold storage solution. Thank you so much for the video.
Awesome job getting a cold wallet! You’re a step ahead of most people already!
Holler if you have any questions!
P.S. I think Tangem might be back ordered so don’t be surprised if shipping takes a bit longer.
- Alex
@@cyberscrilla Thank you. I have chronic anxiety when it comes to most things in life, my money is no exception, so a cold storage was necessary for peace of mind. And you're right, they are back ordered but not too bad. They'll start shipping again on the 27th I believe it was, so another week.
@Solo6R Hey, I understand believe me. And I’m happy to hear they’ll be shipping soon!
@@cyberscrilla Hey I got lucky and already received my cards today! The day I thought it was supposed to ship. I've set it up with a seed phrase, and all back ups. Just sent my first test transaction in BTC to it from Kraken, and all went flawlessly! I'm quite happy with both this wallet solution so far as a beginner, and now very comfortable with sending to it from Kraken. All went very smooth. 10/10!~ Thanks again for your videos. Very informative on all fronts.
I don’t see the discount link?
My #1 concern was not being to get the private keys, but that is no longer an issue thanks to your guide. Thanks for posting the tutorial 👍
You’re welcome! Thanks for watching!
- Alex
Thanks your informative video. Once you add Tokens on a new card as you said it comes only with BTC and ETH,you are prompted to scan the card each tome a token is added which I did. Now my question is you are not prompted to scan the other 2 so how do they know you have added 2 tokens?
Hey Scrilla, do you have recommendation what is the best and safest cold wallet for staking Solana?
Thanks for the vid. I’m considering the Tangem wallet and this answered some questions I had. I notice you mentioned that you prefer the Kraken exchange. Why do you prefer it over the others?
It’s just what I use. Really anything is better than Coinbase.. my most recent video covers some known concerns about CB
FYI. I use NFC all the time with my phone case. But I had to remove the case to use NFC with the Tangem cards. Thanks for the Tutorial.
Trying holding it up to the top of your phone (not the back).
Thanks for watching!
Wouldn’t be without it, far better to use than my nano x , love a video on moving tokens from nano to Tangem 👍
Transferring crypto is the same process regardless of the wallet(s) you’re using.
This should help:
How To Store Crypto In Hardware Wallets (For Beginners)
ua-cam.com/video/578D9o-DCiM/v-deo.html
@@cyberscrilla great many thanks, I did use your link to purchase it too, great channel 😎
Brilliant video. Do the 3 cards sync automatically when you transact using the main card?
Thanks! And you only need to scan 1 card to transact, doesn’t matter which one you use
The wallet is not stored on the phone. The private key/seed phrase is stored on the secure element chip in the card.
Thank you for sharing this video, i was concerned if I loose my mobile and have wallet without seed phrase how would I retrive my crypto and you provided the answer that I have to just install the app again on another phone and tab the card with pincode and will get back my crypto. Thank you for clarification.
Correct! Glad the video helped clear this up. Let me know if you have any more questions.
- Alex
Thank you!
You’re welcome!
Legend
Mine should arrive pretty soon. Cheers for the discount, I passed your code on too ;-)
How do we truly know any of these companies can be trusted though? Couldn't we be sending all our assets to some wallet and then they just shut off access and skip town?
Thank you! And there is always some level of trust, there’s almost no way around it.
That’s why many people prefer a 100% open source solution.
When it comes to Tangem though, their firmware is closed source. But has been audited by two cybersecurity companies.
Also, the app is 100% open source meaning the code is publicly available to audit and re create if needed.
Even if Tangem shut down, we can use our seed phrase to recover our crypto.
Crypto isn’t stored in wallets, it’s kept on the blockchain. These wallets simply hold the keys to access our crypto.
- Alex
@@cyberscrilla Great answer. Thank you
How do we know which network each token is?
Hello there from Greece! You think it’s a good idea if I want to buy cryptos directly from tangem (in order to avoid the transfer fees) or from an exchange and transfer them later.
Buying crypto from an exchange and transferring it is probably cheaper.
MoonPay, the third party provider Tangem uses, charges outrageous fees and is more limited when it comes to the amount of crypto you can buy.
Personally, I buy on an exchange and transfer to my cold wallets.
- Alex
I absolutely love mine..! You think staking will come in the near future??
Yes! It should be here very soon. Within the next month or so according to Tangem.
- Alex
Just got the tandem three card they're white now that's interesting I used your code thank you very much
Thank you Corey! Enjoy your cards!
- Alex
2 questions: if you in port your seed phrase, can you change it to a new seed phrase or you have to create a new one and then transfer everything over?
2nd question, if someone else knows your seed phrase, can they access your account elsewhere or do they need the tangem card?
If you import your seed phrase all your assets can be accessed in whatever wallet you import it to.
Crypto is t stored in a wallet. It’s stored on the blockchain. Thus, anyone who knows your seed phrase has full access/control of your crypto.
I recommend you watch this video to help better understand:
ua-cam.com/video/zAytWdIqE1g/v-deo.htmlsi=FWn728WhjNJt5Igl
Hi CS, really appreciate your effort for these videos. Received my 3-pack order which I purchased directly from Tangem. Found out there were no security seal/sticker on the box. Could it be tampered already?
Nope. It’s normal. As long as you are asked to create a new wallet you’re good to go.
Thanks for the reply bro.
@@Aext2bz 👍
I am new to hardware wallets and Tangem so I have couple of questions;
1. Does all outbound transactions require the card to be executed?
2. If for example I fall for a scam and I sign a transaction in a shady website giving the scammer right to drain my wallet, are those transaction will also require card confirmation? (I am not talking about the seed phrase, but just giving right with signature transaction)
Yes all transactions require you scan the physical card. BUT if you fall for a phishing scam, you sign an approval over to the scammer so they can still steal your crypto.
A lot of tokens you cannot directly sell to your bank (ie XRP ADA) with the tangem app. Is that common for most cold storage wallets?
Yes this is common. I’m not aware of any wallet that allows you to sell directly to your bank. The process is always to send back to a centralized exchange, convert to fiat, then cash out
Hey scrilla do u know any malware protection for iphone cause i want to make my seed phrase without being watched or is putting the internet out and putting on airplane mode enough. And for the verify the adress how can we know if its the right adres. From ledger we can verify from its device
Thank you
I would just browse the App Store. There’s McAfee & Norton that you could look into and research.
As for signing, it’s blind signing.
The answer can be elaborated this way:
When using the official app, the risk of compromise is removed. Tangem advises users to prioritize their digital hygiene by maintaining a secure device environment, running the most up-to-date version of their mobile device's OS, and downloading apps only from official sources.
Additionally, they are actively working on redesigning the token sending page, and will soon introduce it.
Also, the official Tangem app is open-source and its code is available on GitHub.
This means that everyone can check it out and verify that there is no backdoors and vulnerabilities, if they have some basic tech-knowledge of course.
@@cyberscrilla so if we use the tangem app we dont have to worry for being comprised from malware and being watched. So we don’t have the use the norton and mcafee app.
Sorry for my bad english
@@Kaan-42 Not what I said. Ensuring your phone is free of malware and using the official Tangem app is how you guarantee your device is safe while using Tangem.
And your English is great 👍
- Alex
Can I use the 2 or the 3 Options with the three cards? I mean Create Wallet AND Import Wallet AND Generate Seed Phrase? Thanks a lot
Yes you can.
Hi, great vid but need help. I got mine up and running and added the Trust wallet but my app does not show "Add new wallet" at 5:12 as I need to add my Metamask wallet.
So you already setup one wallet correct? So open up the app, tap the three dots on the right hand corner, and tap add new wallet.
Then you’ll have to scan your other cards.
Also, if you’re importing your hot wallet seed phrases into Tangem it defeats the purpose of using a cold storage wallet.
It’s recommended to create a new seed phrase using Tangem and transfer your crypto to the new wallet.
At 5;18 you show how to use your card or backup card to another phone if you lose or damages your phone.....But.,Can you add your card to another phone and still have it on your original phone at the same time.? Can i keep it on my phone and also put it on my sons phone if i start losing my memory so he can take over since im getting old ?
Yes you can do that. More importantly, I’d write down your seed phrase and make that available to anyone who YOU WANT to be able to access your wallet.
Would you recommend selling on tangem if it's a crypto that isn't available on Kraken? Say it's kas for example and you don't want to send your kas back to kucoin because you don't trust kucoin, would you be better to sell into usdt on tangem and then send that to Kraken to cash out into your bank?
Sure. It’s up to you. Might be cheaper to send to kraken, then sell using Kraken Pro to avoid cex fees.
Hey, if I use the seed phrase option, does the second card even matter in this case? Since I can use the seed phrase to recover the wallet, why do I need a second card?
Well you need two cards minimum to setup the Tangem wallet. It’s also nice to have a backup because every time you transact you’ll have to scan a card. So if you lose one, you have a backup.
BUT, to your point, if you lose all your cards, you can still recover your crypto via your seed phrase.
Is there a video as I just got a tangent but don't know how to set up moving from ledger to tangem
This is the video
Please i have one question !! Why do I need to generate the phase seed option if I have my 3 cards ? Isn't Tangem cards created for this purpose? Can I know the disadvantages if I don't write down my seed phrases? Thank you.
You don’t have to generate it. But if you lose all your cards and don’t have a seed phrase, you’d lose access to your crypto forever (assuming you don’t transfer it to a new wallet before you lose all your cards)
@@cyberscrilla you advice me to generate the phase seed or just let the card do the work ? Because if you generate the phase seed manually it will become like any other hot wallet no ? What's the difference ? I'm confused... Please guide me
Can I use seed phrase from exodus on tangem? If yes, what happen on the exodus side?
Ye you can. Nothing happens on exodus side. However, I never recommend importing a hot wallet seed phrase into a cold wallet.
That defeats the purpose of the cold wallet.
If I am storing usdt on bnb chain on tangem wallet would I need to have bnb on the tangem app in order to send the usdt?
Yes. You must transact using the chain’s native coin
Great info, thanks! Can I set up one of the tangem wallets as burner wallet?
You can’t set up each card as its own wallet. You need to activate at least two cards to create a wallet.
So if you want one storage wallet and one burner wallet, you’d need at least 4 cards total
Thanks for the info. I know in one video you recommended always using a burner wallet. Is that still the case?
@@CoachBe-mk9qv yes! To be honest using a software wallet for your burner is fine.
The most important thing is to separate your main cold storage, from your online (burner) wallet.
@cyberscrilla if one decides to populate the Tangem using a software wallet seed phase are changes reflected in both? And would this be a bad idea- or a risky one?
@@cyberscrillaScratch that last question - I found you had already answered that from someone else in comments- Thanks for all you do!
Awsome video
Thank you!
How do you know which network your coin is on?
Great video
Wallets or exchanges where you hold your cryptocurrency usually provide information about the network it operates on. Also your public address will tell you. Ethereum addresses start with "0x," indicating that the tokens are on the Ethereum blockchain.
Also, Google will help
@@cyberscrilla thank you so much!
At 4:50 you say that you can sign transactions without tapping the card. I checked and it's only for not typing the access code and use biometrics instead. Maybe I am doing something wrong. Please check and let us know.
You’re correct. That’s my mistake, I meant to say biometric is required instead of access code for interaction with your card. Thanks for pointing that out.
- Alex
I so wish I would have watched this before setting up my card. I just did the setup but just clicked on the create wallet instead of other options. So I just have an access code as my security. Is that an awful way to have it?
Have you already transferred crypto to it? If not, you can always just factory reset and start over.
For me, I like to know my seed phrase.
If you already have crypto on it you have 3 options:
1. Leave it as is
2. Transfer temporarily to another wallet, factory reset Tangem, create a new wallet with Tangem using the seed phrase method and transfer back
3. Buy a new set of Tangem cards, set it up with a seed phrase, transfer your crypto to it from your current Tangem wallet
I’m unable to scan my card and I use an iPhone XR that has nfc, I just sent an email to them after waiting about a month to get mine down to Nigeria.
What if my phone doesn't nfc support is there any other way around?
Nope. You need NFC
i thought that there is no seed on Tangem wallet. Arent the card in charge of that? I mean to replace the seed?
No. You can generate a seed phrase on the new Tangem cards if you want. It’s optional
Thx
Can u add 6 cars total as a back up? Or only 3?
3 total. But if you choose the seed phrase option you really have unlimited backups assuming you keep your seed phrase safe 😉
I have a access code but not a seed phrase!
Can I add a seed phrase now !
Advice please
You can’t add the seed phrase once you’ve already setup your wallet. You’d have to do a factory reset.
But if you have crypto on your wallet, you’d lose it. So you’d have to transfer it first to a new wallet, then reset Tangem, generate a wallet with a seed phrase and transfer it back.
Or just buy a new Tangem wallet and use that
@@cyberscrilla thank!
So can you use Tangem for multiple exchanges?
What do you mean?
Are coins in wallet or in app cuz I added coins without card so how do my cards know there are any coins in there? Unless I tap my card and I know that but if I loose my phone before tapping car… then did I loose every thing …. I thought this was a cold storage
Crypto is not stored on wallets. It’s stored on the blockchain. Your wallet (the Tangem card) is used to access your unique address on the blockchain where your crypto is stored and to approve transactions.
@@cyberscrillathx
I'll buy with your code rn if you can answer this for me real quick. Why is this a safer place to keep your funds than coinbase? Couldnt Tangem go out of business? thanks
Coinbase and other CEXs are non custodial, meaning they are in control of your wallet as you don’t own your private key.
Tangem is a self-custodial cold storage wallet. Meaning, you’re in full control of your crypto because your own the private key, and it’s kept offline so it’s more secure than a hot wallet (such as Coinbase Wallet).
It doesn’t matter if Tangem goes out of business, you can still access your funds using your seed phrase on any brand of hardware wallet.
Also, I recommend you watch this video:
ua-cam.com/video/pBIRIZmr1u4/v-deo.htmlsi=2FDHWsavaOaumA5_
The only thing am struggling so far is if we have a list of crypto's, there is no search bar in the app to locate a specific crypto, another thing I don't understand is if lets say after 1 year I want to check if the my backup cards are working or not how would I test that and even there is a way to check but my 2 backup cards lets say becomes damaged/currept I will loose my whole crypto no?
There is a search bar in the app. Once you set up your wallet there's a button that says "Manage Tokens", tap that and you'll be able to search for tokens.
As far as testing if your card works, simply hold it up to your phone. If it works, it will prompt you to open the Tangem app.
@@cyberscrilla thank you for your reply! I am talking about main page of app, if you already lets 100 coins deposited from an exchange and you want find a specific coin to withdraw, you have to go through whole list, I know we can sort out with high balance on top but to find a specific crypto is frustrating i think :)
I can transfer my myro from tangem to phantom have you done this ever ? can you make a video showing how to do it. > please...
This video shows you how to transfer crypto in and out of the Tangem wallet. It’s the same steps regardless of which crypto you’re sending.
1. Copy public address from your phantom wallet
2. Open Tangem, tap Myro, tap send
3. Paste Phantom public address into recipient spot, choose the amount you want to send
4. Tap send and confirm the transaction
Easy.
where do i find the contract adress of the new custom token?
You can search for it on etherscan or google. Just ensure it’s the right token (there are a lot of fakes).
Also if the token has an official social media account or website that you follow, it will likely be listed there.
Can I reset my cards so I can use the 12 word phrase if I originally didn't set it up with the 12 word phrase?
Yes, BUT if you have crypto on your current wallet you’ll lose it since you don’t have a way to access it.
If not, you can reset without any issues and create a new wallet.
@@cyberscrilla thanks for the reply! So just make sure I move all my coins out first before the reset.
@@cyberscrilla Or can I buy another set of Tangem wallet cards and add that wallet with the 12 word key phrase?
Correct!
Yes exactly
Any way to avoid the Coinbase network fee? $10 fee to transfer $100 to my Tangen Wallet is a little painful.
If you’re talking about transfer fee, not really any way around it considering it’s dependent on how busy the blcokchain is.
If you’re simply talking about Coinbase fees, the solution is to stop using Coinbase and use an exchange like Kraken.
Then if you use kraken pro, there are no fees (blockchain fees will always apply).
If the company goes under aka bankrupt. Is your cold wallet access gone? Since no more support
No.
1. The app is open source and available on GitHub this it can be re created even if Tangem disappears.
2. If setup the wallet using a seed phrase, you can import that phrase into almost any hardware wallet to access your funds
What if i have setup the access code Only? No seed phrase
Then you’d use the app. Tangem doesn’t rely on their own servers to function.
I want to create my tangent wallet with the seed phrase from my Exodus wallet. What will happen with my Exodus wallet as a result?
- will the funds be gone on my Exodus wallet?
will my Exodus wallet still be active with the same phrase?
- will I then have two wallets (Exodus and Tangem) with identical seed phrases?
Thanks for all you do and your help
Nothing will happen to your exodus wallet. You’ll simply have to wallets with the same seed phrase.
That said, this is not a good idea. The point of a cold wallet is to store your private key offline.
If you simply re use your seed phrase from a hot wallet like exodus, that’s not anymore secure.
Thus i would consider crating a new seed phrase with Tangem.
- Alex
@@cyberscrilla i agree, but its just a pain transferring almost 20 coins individually from exodus to tangem
Can we use tangem wallet seed phase to Trust wallet?
@@typingedits7594 you can import seed phrases into Tangem and vice versa. However, I don’t recommend importing a hot wallet seed phrase into a cold wallet that defeats the purpose. Best to create a new seed phrase using tangem
@@cyberscrilla thanks
Can i transfer to my tangem from another tangem wallet that ia friends?
Yes. You can transfer to and from any wallet
Will staked crypto remain staked?
If you leave it staked
Hi, can I send crypt from Tangem Wallet to Tangem Wallet? If it is, please show me how. Thanks
Yes. The same way you send crypto using any wallet/exchange.
Tap send on the crypto you want to send.
Paste the receiving wallet public address.
Enter the amount you want to send.
Confirm the transaction.
@@cyberscrilla Thanks. Also, I don’t know why I can’t withdraw crypto from upholds when I got and set up the second Tangem wallet? I could withdraw from Uphold for the first Tangem ( set of 3 cards ). Please show me. Thanks
Just ordered this wallet, however after successfully receiving my coins to it , the "Send" and Sell button inactive?
Do you have the blockchain’s native coin in it as well? You CANT send if you don’t have crypto to pay for the transaction which is likely your issue.
For example, if you hold an ERC-20 token like $PEPE, but you don’t have ETH, you can’t send it because you need ETH for transactions.
As far as the sell button goes, not all tokens can be sold directly through Tangem.
You might have to use a decentralized exchange.
Thank you so much for your clarification, now it worked , and i used uour promo code to buy the wallet , thank you again 😊@cyberscrilla
How to add monero?
Tangem does not support monero
hello im new to crypto and My questions are,
what if Bitcoin goes up and crashes the exchange, is it still a good idea to send it to the exchange so i can sell it?
i tried selling me shiba inu on the tangem app and it doesnt let me sell, it only gives me the options to receive and swap, why is that?
You have to use a centralized exchange to off-ramp crypto. There's no other solution.
As for Tangem, only certain coins are supported to buy and sell.
If you want to take profit and exchange your crypto for fiat, you have no choice but to use a centralized exchange.
I see your concern about the exchange crashing, that's why you only send when you're ready to cash out.
That way your crypto isn't sitting on the exchange, rather it's headed to your bank account.
@@cyberscrilla thank you for the info🙏🏽
One more question, if when I’m ready to pull out my profits while the exchange is down,
I would just have to wait until it comes back up and potentially not get my profits ?
You can use a decentralized exchange to exchange whatever crypto you’re taking profit on for a stable coin like USDC or USDT.
Since stables are pegged to the US dollar, it’s unlikely they’ll fluctuate.
Then you can send that to a CEX when possible
Can i store xrp?
Yep, Tangem supports XRP 👍
Hi sir
How to send Shiba Inu to the this wallet??? I am now professional about this wallet
I show you how to transfer crypto in this video, it’s the exact same process except in your case it’s Shiba Inu.
1. Navigate to "Manage Tokens" in the Tangem app and search for "Shiba Inu." Enable the network your Shiba is on and click "Save Changes."
2. Now go to Shiba Inu in your Tangem wallet and select "Receive" to copy the public wallet address.
3. Access the platform where your Shiba Inu is currently stored, select "Send," and paste your Tangem wallet's public address into the recipient field. Then, proceed to send.
Note: If it's your first time sending, consider sending a small test amount to ensure the process is correct and that you receive the Shiba Inu in your Tangem wallet.
What phone compatible?
NFC-enabled iOS and Android devices
How about defi?
I didn’t show defi. There’s a wallet connect option right when you click on settings. That’s how you connect to dapps
I have an iphone8s and been on phone with apple and scanner is working yet phone is not connecting to any of the 3 cards
Tangem should compatible with iPhone 7 and above. Make sure you’re at least running iOS 15 though..
@@cyberscrilla you are awesome for replying....first response from anyone all day ...lol phone is running 16.7.6. uggg tech things are never simple with me.....always some 1 in a million issue. lol I hate to buy new phone as phone is no issue otherwise.
i was trying to find a way to make sure nfc is working on phone at all but no good tech advise online
@@unclebrian1373 So you trying scanning the card and what happens? Nothing?
Do you have a phone case on? If so try with it off
@@cyberscrilla yes i have case but took that off right away thinking that was issue. yes....when i'm on tangem app it says scan and gives image of tapping card but nothing
2:05 Generate seed phrase, word 11, 'virus'. Too funny!
😂
Yeah! That's what I think so...until I try to transfer my funds out... SOL pending transaction...
What?
How can you transfer your money from tangem to your bank account?
I literally explain it in this video. Transfer crypto back to an exchange, turn it into fiat, send to bank.
@cyberscrilla I literally got that explanation. I was just wondering if you could directly transfer from tangem to your bank account. This is all very new to me. Thanks for the reply.
1. Open the Tangem app.
2. Select the token you want to sell, for example, USDT.
3. Tap Sell
You will be directed to a secure gateway managed by Moonpayx. Follow the given instructions to finalize your transactions. Please note that the Know Your Customer (KYC) requirements may differ based on the amount you want to purchase, but you will likely have to complete a KYC process.
4. Enter your email address and choose either the IBAN (International Bank Account Number) or VISA card where you’d like to receive your funds.
5. Send your crypto to the provided wallet address to instantly convert to fiat currency.
MoonPay handles the conversion process for a fee, and you receive cash in the fiat currency of your choice.
Can i delete my tangem wallet and make a new wallet and seed phrase? Using same card?
Of course! Just go to settings, card settings, and tap reset to factory settings.
This will allow you to start fresh and generate a new seed phrase.
- Alex
@@cyberscrillaI have a follow-up question on the same topic. Assume I have a 3-card set. Is there any meaningful reason NOT to setup the 3rd card as a backup card ?
@@in_differ_ence nope none I can think of
@cyberscrilla just to add more on loreto295's question. I think your answer is not complete. I am a new Tangem user and setup the wallet without a seed phrase and later I wanted to setup the wallet with seed phrase on the same 3 cards, so the important point to note here is if we have setup a wallet without seed phrase and put some crypto in it and later we reset all three cards to make the wallet with seed phrase, all the crypto in the previously created wallet without seed phrase will be lost for ever.
Why so many cards? Each card can store how much crypto?
The cards are the same wallet, each one is just a backup. There’s no limit to how much crypto a wallet can store
@@cyberscrilla oh I see
Why cant I swap anything on the Solana network?
Do you have SOL in your wallet to pay for transactions?
Yes I have like 2 Sol coins but I can't trade sell or swap them
I can't believe tangem gives the ability to see the seed phrase on a device other than the wallet. Might as well be a hot wallet.
Hey scrilla Is tangem close source or open source
Firmware is closed source but audited by two cyber security companies
The app is open source and available on GitHub
@@cyberscrilla thanks you very much scrilla after the ledger incident i find your video’s very helpfull
@@cyberscrilla what is github
Thank you for watching!
GitHub is an interface that uses Git, the open source version control software that lets multiple people make separate changes to web pages at the same time.
Basically it’s a website anyone can go to and review software code to perform their own audits
Seems like a lot of trust to your phone is required.. I would feel a bit scetch about creating seeds on the phone itself.
There’s always trust. Whether it’s your phone or the physical hardware wallet.
In this case, it’s only displayed briefly and is not stored on the device or app
Hi, Do you have tutorial How to swap the BNB Smart Chain Network (BEP20 )to ERC20? using Tangem app?
I don’t. You can use a decentralized exchange to easily swap though. I suggest using PondX.com to swap
@@cyberscrilla It's safe to connect in tangem wallet?
You can.
But if Tangem is your main cold storage wallet where a majority of your crypto is held, I never recommend connecting that to ANY website.
Use a burner wallet instead. I explain this better in my recent video:
ua-cam.com/video/fnGT4U0cQ80/v-deo.htmlsi=AprfmSOOSx9hv5Wa
- Alex
@@cyberscrilla Thank you very appreciated 🙏
@@dr.b562 you’re welcome 👍
Oh my phone doesn't have nfc 😒
Unfortunately Tangem won’t work. Cypherock is similar and works with desktop though
Until they have native staking I am holding off
Tangem maybe be simple and easy BUT What’s up with these rent fees, reserve fees and existential deposit for some of the networks? Like solana, Xrp and polkadot to store my cryptos?
Others cold wallets don’t have these charges why is Tangem doing this? It’s turning me off smh
How much are the fees I’m thinking of purchasing but hold a bag of xrp and sol would this be a bad choice for me
What’s a rent fee? Fees for transfers are based on the network not the wallet. And when you swap or buy these fees are charged by third party exchanges like Changelly, not by Tangem.
@@cyberscrilla yea I know Tangem isn’t charging the rent and reserve fee and it’s the network BUT I was told other cold wallets like ledger doesnt have networks charging ppl. Like for Tangem the Xrp network charges 10xrp for you to store Xrp on Tangem. Dcent and ledger doesn’t do that
@@sixtocordova1922 10 Xrp to store on Tangem card
Crypto Update From Your End ?
What do you mean?
how the hell is scanning the card from behind the phone. uses back camera or what?
Nope. Near Field Communication (NFC)
Can you please send me to the official Tangem website. I'll be using your affiliate code.
tangem.com/en/
Then just enter CYBERSCRILLA at checkout for 10% off
Thank you!
@@cyberscrillaRoger that. I’ll get it tonight and use your code.
@@cyberscrilla I got it! I tried to reply to you a couple hours ago when I was at McDonald's, but the message wouldn't go through from my iPhone for some reason. I'll be ordering tonight, after I take a few more notes. I'll be using your code CyberScrilla. I haven't forgotten. Very well deserved commission. I wouldn't know what to do with the wallet without this video and a couple others you put out. Soon I'll feel like an expert myself. One day ago I was clueless.
I ordered a Tangem wallet from the Tangem website and when it arrived I see it has come from Hong Kong? I feel like throwing it straight in the rubbish.
Why would you do that? It’s manufactured in Hong Kong and they have multiple distributions centers all over the world.
The fact your seed phrase is displayed on your phone screen is just a NO from me. A simple screen shot malware will swipe all that is yours.
There's a large chunk missing at the top of your smartphone's screen.
I don’t think it affected what I was discussing though, right?
Sorry this is another hot wallet not airgapped
This is a cold wallet.
how is it cold when you generate the seed phrase on an app on you phone? @@cyberscrilla
Even with air gapped cold wallets you still got to access the internet at some point
NO NFC BIG PROBLEMS
What do you mean
This tangem wallet is trash i can’t even reset the wallet
Why can’t you reset it?
Impossible to follow talking this FAST !!!
You can slow down the video
@cyberscrilla 😄..I agree..I think you talk perfectly, your clear concise and to the point..but hey..that's me..🤓..'New to this channel..Keep up the good work.😊..👍..🌅😎🌅.
@@TallCoolOne546 Thanks!
Slow down video speed it helps 😅
@@_THE_PIRATES_BOOTY_ working on slowing down a bit. Also, you can easily slow down the video on UA-cam by clicking the little gear icon, tap playback speed, and choose the right speed for you
Does it matter if I get 2 cards or 3? Do you know if it support honey hivemapper? Thanks!
Do you know if it store constellation DAG?
If you plan on using the seed phrase 2 is fine. If not, I’d go with three. It supports honey hivemapper. Not DAG
@@cyberscrilla ok and will I need the seed phase every-time I want to send or receive from the Waller?
Naaa something wrong with these guys. I bought mine over two month's ago, STILL no delivery.
Send them an email with your order number: support@tangem(dot)com