🤫 The Secret Downsides of the popular Tangem Crypto Wallet ❌ No One is Telling You

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  • Опубліковано 12 вер 2024

КОМЕНТАРІ • 153

  • @GoalFinancialFreedom
    @GoalFinancialFreedom  7 місяців тому +7

    🚀👛 Thinking of making the switch to Tangem or still on the fence? Let us know what questions you have or what's holding you back. We're here to help you navigate your crypto security options! Drop your questions below! 🤔💡

  • @davidtaylor6772
    @davidtaylor6772 5 місяців тому +21

    I have multiple cold storage options. I enjoy Tangem the most. It is just easy. I keep all long storage wallets inside a small fire proof bag, inside another fireproof bag, wrapped in fireproof ceramic sheets stuffed into a fireproof document safe, that sits in a fireproof gun safe with a external ceramic fire blanket around it. Once you lose everything to fire, you’ll understand how much is actually necessary to protect your assets from fire. It’s also a good idea to keep it against an outside wall so it is away from the most intense heat and if the house falls apart, you have a chance of your safe falling away from the fire.

    • @GoalFinancialFreedom
      @GoalFinancialFreedom  5 місяців тому

      Thank you for this insightful tips! Sounds like you already experienced a fire?

    • @theskateboardfan
      @theskateboardfan 5 місяців тому +1

      Prepared 👍

    • @gabrielphee
      @gabrielphee 5 місяців тому +3

      For a while, I thought you were joking.

    • @dialecticalmonist3405
      @dialecticalmonist3405 5 місяців тому

      That will STILL BURN in a house fire after a few hours.
      The only true protection is stampeding your seed phrase into steel. That will NOT burn in a house fire.

    • @cryptowawan
      @cryptowawan 3 місяці тому

      How about not have a fire at all ?

  • @darwinjurado5141
    @darwinjurado5141 7 місяців тому +11

    I love my Tangem wallet. Super easy to set-up and use. I bought my wallet 5 months ago because of this channel.

  • @ProsperSchweda
    @ProsperSchweda Місяць тому

    Okay, I’ve always scratched my head about the obsession around the kislux book totes and their practicality, but this one is adorable!! Congratulations

  • @RossysusejDillenberger
    @RossysusejDillenberger 27 днів тому

    The variety of textures in the kislux pack is impressive. From smooth leather to textured suede, there's something for everyone.

  • @coolceeze1
    @coolceeze1 4 місяці тому +1

    BUYER BEWARE. I need to return it because I loaned my crypto out. However, I have pay shipping fees to return to Hong Kong even though I bought it in the US.
    In short the cost to return is too expensive. WHAT A SCAM!!!

  • @stefanatanasov3567
    @stefanatanasov3567 6 місяців тому +4

    I don’t believe that if phone is hacked someone can open the wallet simply as if we want to access it we need the card to confirm . I am just guessing.

    • @GameCatenstein
      @GameCatenstein Місяць тому

      ​@@MichaelDirkon top of that, you can set up access code .

  • @ralphr.2585
    @ralphr.2585 4 місяці тому +1

    I have ledger nano x and a, first the Display from the S goes defect. This was easy to repair. But now from my preferred Ledger X the display dies slowly. For a hardwarewallet the quality must be better. All mergers are less then 3 years old. So a display can be a problem too...

  • @MrHmauch
    @MrHmauch 7 місяців тому +18

    Have not heard of anyone advising against using Tangem card… care to show your source of “many experts “ you’re quoting?

    • @GoalFinancialFreedom
      @GoalFinancialFreedom  7 місяців тому

      There are bunch of YTer. KryptoGang for example.

    • @nickthecameraguy
      @nickthecameraguy 7 місяців тому +17

      It’s just a clickbait title lol she mostly talks about the benefits of it. The concerns mentioned aren’t that big of a deal…

    • @Lulu-kt6gr
      @Lulu-kt6gr 6 місяців тому +6

      @@nickthecameraguysmartphone hacking isn’t a concern?

    • @thesum3312
      @thesum3312 6 місяців тому

      ​​@@Lulu-kt6gryour question is too intelligent to be answered. Maybe ask on the tangem UA-cam channel?

    • @BP-dx1ey
      @BP-dx1ey 6 місяців тому

      She is quoting facts directly from Tangem and user experience.
      All is true. I use and sell Tangem.

  • @sanesociety-oo2ym
    @sanesociety-oo2ym 7 місяців тому +2

    I like Tangem but the lack of DaPPs bothers me greatly......What gives why don't they get their chit together?

  • @StevenRNoble
    @StevenRNoble 3 місяці тому +2

    I wonder who is paying her to trash Tangem? She has no clue...

  • @user-ub1gk7px3v
    @user-ub1gk7px3v Місяць тому +1

    wondering as you say if phone gets comprised if you think it maybe or as a best mesure should we before scanning the tandem wallet qr code, before we do that should we facctory reset our phone before activating tandom! and only like you say then use it for Tangem only?

    • @InescapableDetail
      @InescapableDetail Місяць тому

      Yea I have 2 phone. I open my act on a buddy phone sent money removed app it's sweet

  • @junaidiqbal4667
    @junaidiqbal4667 5 місяців тому +1

    You've made this insightful so easy to understand as usual.

  • @BSCGains1170
    @BSCGains1170 2 місяці тому

    They now have seed phrases, so that's huge if we lose our cards.

  • @roygie163
    @roygie163 7 місяців тому +12

    Never ledger

  • @westerncryogenicinc.8665
    @westerncryogenicinc.8665 7 місяців тому +1

    In case of hacked phone you can keep your funds safe by setting up the fingerprint or face ID.

    • @GoalFinancialFreedom
      @GoalFinancialFreedom  6 місяців тому +1

      Of cause you can, but this doesnt eliminate the risk of confirming a fake transaction, due to lack of an extra screen

    • @S734L7H1
      @S734L7H1 5 місяців тому

      ​@@GoalFinancialFreedom
      So would buying a new phone purely for tangem safer?

    • @whitenoisejosh-sleepfocusc2917
      @whitenoisejosh-sleepfocusc2917 Місяць тому

      @@S734L7H1use and old phone that’s been wiped.

    • @Suve35967
      @Suve35967 28 днів тому

      It's nothing to do with the phone.
      They cannot hack your wallet.

  • @jjmickeyy
    @jjmickeyy 3 місяці тому +1

    I now have an eye-opening expiration of pros and cons

  • @joerghartmann9852
    @joerghartmann9852 Місяць тому

    Great content, thanks. 2FA would make it more attractive though.

  • @KakynKhok
    @KakynKhok 5 місяців тому +1

    Not having multiple addresses is a big put off for me.

  • @cheez22
    @cheez22 Місяць тому

    So, when you move crypto from an exchange to your Tangem, does that become a taxable event? Wouldn't it appear that you sold the crypto?

    • @Suve35967
      @Suve35967 28 днів тому +1

      I don't know. ..but don't see how till it's sold.

  • @ABB-vc3si
    @ABB-vc3si 5 місяців тому

    Be careful I add my VERI tokens. Hid the token and then added it back in and I lost all my tokens. Its 20 VERI tokens and they are now work $500 when I bought them for 200 total

  • @Jadeite12
    @Jadeite12 7 місяців тому +1

    When they upgrade with multiple addresses, that will also be available to the current owners of tangem 2.0 cards? Thanks.

    • @GoalFinancialFreedom
      @GoalFinancialFreedom  7 місяців тому +3

      Yes!

    • @Cryptic2504
      @Cryptic2504 5 місяців тому

      @@GoalFinancialFreedom how do you know this? I ordered one today, but was wondering this. Also how long is delivery

  • @BoldmanJohniken
    @BoldmanJohniken Місяць тому

    My mom bought one kislux and she loves it. It had been there for over 10 years when she went out with it.

  • @MikeVeracity
    @MikeVeracity 5 місяців тому +1

    Thanks for your honesty.

  • @TimeSum21
    @TimeSum21 6 місяців тому +1

    You fail to mention the cost of returning the cards to Tangem if something goes wrong. I purchased the Tangem Wallet 3 card set and found out that I could not use it because my phone does not have an NFC module. I was going to return the cards for a refund but found out that I would have to send the cards to a Hong Kong address and pay the postage myself. I'm in the US so I imagine postage to mail to a Hong Kong address would be really expensive.

    • @GoalFinancialFreedom
      @GoalFinancialFreedom  6 місяців тому +2

      I understand this can be frustrating. But honestly, I wouldn't say in your case that sometimes went wrong from Tangem sides. It's very clear that you need an NFC compatible phone. Other wallet providers wouldn't accept any return in this case, honestly. And if Tangem needs to be replaced due to a mistake or error from them, I am sure they will cover/refund the return label. 🙏

  • @arunc2000
    @arunc2000 7 місяців тому +1

    Would be nice to have native stacking features instead of having to use wallet connect..

  • @cryptowawan
    @cryptowawan 3 місяці тому

    If you loose your phone you are screwed basically, isn’t it ? Easy is not always the answer, if a credit card can be copied by thief, why not the Tangem card?

    • @Ambassador_Gkar
      @Ambassador_Gkar 3 місяці тому

      Incorrect. The phone app does NOT hold any secure data: it's ALL held on the card. The app is just the GUI interface.
      Basically, the phone won't work without the card; & the card won't work without 'A' phone! Yes, you can change phones, & install Tangem onto it.
      Tangem has never been hacked. You can bet thieves have tried.

    • @GoalFinancialFreedom
      @GoalFinancialFreedom  3 місяці тому

      If you loose your phone you can simply use it on any other phone. You just need your card and pin.
      And in regards to thief. He needs also a card and pin before he can do anything. Or 2 cards.

  • @rowdy_one
    @rowdy_one 6 місяців тому +3

    Tangem has seed phrase option.

  • @dielreis
    @dielreis Місяць тому

    What advantage of generating passprhase out of the wallet?

  • @CryptoCowboy35
    @CryptoCowboy35 3 місяці тому

    Hi Melanie great video. I have a small question.. how do we see where we entered the pass word in the tangem app .. I remember entering one but now I don’t where it shows where to enter it.. I’m not linked out if my app or anything I’m just wondering in case I ever have I’m not locked out .. can you please help me

    • @GoalFinancialFreedom
      @GoalFinancialFreedom  3 місяці тому

      You can not see it, but need to enter it before a transaction will be confirmed. If you forgot your pin, you can create a new one. All you need is 2 cards to reset it.

  • @Letssendit
    @Letssendit 2 місяці тому

    good information. Thank you

  • @artemdev110
    @artemdev110 4 місяці тому

    Can you please clearify, if the tangem card only holds the private key or the cryptos as well.. i.e. if it's only holds the private key and the rest on mobile app then it shouldn't be counted as cold wallet isn't it?

    • @redstar5
      @redstar5 3 місяці тому +3

      Wrong question
      No wallet hold crypto

  • @Erik-fq7sx
    @Erik-fq7sx 4 місяці тому

    My access is denied, totally screwed, hate this wallet, I regret I bought it, nothing works as it should

  • @valeriyvelchev9595
    @valeriyvelchev9595 5 місяців тому +1

    Thanks

  • @gavinclaassen6440
    @gavinclaassen6440 5 місяців тому +1

    I bought a 3card pack Tangem wallet, several months ago, and have never used it , not even unsealed it . Reason?! Yes a very expensive reason, it needs an NFC capable phone or tablet device to be of any use. In Africa, such a NFC capable phone costs over $400 to buy . Videos I watched before deciding to buy this Tangem wallet, all spoke about the pro's and the wallets supposed "cheap" price, BUT, not one video said that my android 13 operating system phone would NOT work !!! A friend of mine bought a far later Samsung Galaxy with much newer version of Android, and even his phone does not have NFC capable hardware. All videos I watched said "ANY phone of Android 6 and above" would work !? NOT true !!!! Next time I choose a Trezor or something else , but never a $500 plus cold wallet system !!! I feel cheated !!!!!!!!!

    • @tomex1265
      @tomex1265 5 місяців тому +1

      What are you talking about? Almost all smartphones have NFC, even phones from 10 years ago have NFC… Not sure where you live in Africa but you can definitely get a phone with it easily, whether it’s Samsung Galaxy or not. You have to be joking

  • @chrishickmott7806
    @chrishickmott7806 20 днів тому

    They need card and pin to get your money it's very safe

  • @theslifestyle2030
    @theslifestyle2030 5 місяців тому

    Thank you very much

  • @verasimms3895
    @verasimms3895 5 місяців тому

    If you have tandem can you buy crypto from different exchanges?

    • @GoalFinancialFreedom
      @GoalFinancialFreedom  3 місяці тому +1

      You can buy coins from any exchange and sent it to Tangem. No issue at all

  • @jalilmb
    @jalilmb 5 місяців тому

    Hi there ❤
    I can't buy nft because opensea told me you using the wrong network !
    How can I fix it?

  • @rave1704
    @rave1704 7 місяців тому +4

    This is not an objective review if you are being paid by Tangem

    • @GoalFinancialFreedom
      @GoalFinancialFreedom  7 місяців тому +2

      This is NOT paid by Tangem.

    • @rave1704
      @rave1704 7 місяців тому

      How do you get the discount then?@@GoalFinancialFreedom

    • @shivajitanavde2004
      @shivajitanavde2004 6 місяців тому

      ​@@GoalFinancialFreedomyou are still dumb

    • @janj7458
      @janj7458 6 місяців тому +2

      You're affiliating for Tangem.

  • @user-hl2sw8fl7g
    @user-hl2sw8fl7g 6 місяців тому +2

    People will do anything for views 😭.

  • @jamesthompson3099
    @jamesthompson3099 3 місяці тому

    Passphrases and better network connections have arrived with the latest software update and multiple addresses are on the way. 🎉

  • @lizasid7223
    @lizasid7223 8 днів тому

    You miss guiding people with your title SMH

  • @yuong8139
    @yuong8139 6 місяців тому +2

    Great review. Thank you

  • @ForZenLive
    @ForZenLive 7 місяців тому +2

    Thanks for the info 👍

  • @Lulu-kt6gr
    @Lulu-kt6gr 6 місяців тому

    The phone hacking really worries me. What about using a VPN?

    • @Lulu-kt6gr
      @Lulu-kt6gr 6 місяців тому

      Smartphones do get hacked. How can I keep that from happening? I might purchase a new phone but then I need to know how to keep it safe. Always something!

    • @GoalFinancialFreedom
      @GoalFinancialFreedom  6 місяців тому

      The safest way: Get a brand new phone any only use it for crypto. Do not download anything else apart from the legit wallet apps and do not interact with smart contracts.

  • @happybrownmonkey
    @happybrownmonkey 5 місяців тому +2

    I’ll pass Tangem. I’ll go for ledger

  • @tyronewright7413
    @tyronewright7413 3 місяці тому

    It’s never been hacked? I heard.

  • @AncarMolleur
    @AncarMolleur 2 місяці тому

    I love you so much! I recently just found your kislux and i’m in love!! Your videos are so fun and you energy is just MWAH! keep living your life

  • @ceeucaptj1
    @ceeucaptj1 16 днів тому

    i think she has lost her mind .. i love mine

  • @DadsBoyz
    @DadsBoyz 5 місяців тому

    Just sent 28 xrp to my tangem wallet but only 18 was received… 🤔

  • @medhelal
    @medhelal 3 місяці тому

    You are PERFECT

  • @bentleytran1442
    @bentleytran1442 6 місяців тому

    I have cryptos on Meta mask. Am i be able to take all my out to tangem?

  • @obsserver6435
    @obsserver6435 2 місяці тому

    What happens if you lose or break your phone?

    • @GameCatenstein
      @GameCatenstein Місяць тому +1

      The phone just acts as the display for the wallet. Get another display.

  • @bobbyjenkins2565
    @bobbyjenkins2565 26 днів тому

    Tangem is terrible iphone15 max doesn’t work with Tangem

  • @verasimms3895
    @verasimms3895 5 місяців тому

    Is the money you pay a monthly fee?

  • @mrfabulous123
    @mrfabulous123 7 місяців тому +3

    Tangem sucks if you travel and lose your card or all your back up cards are destroyed. It is not that hard to memorize a 12 word key with passphrase.

    • @ozb10
      @ozb10 7 місяців тому +1

      Variety is Good

    • @GoalFinancialFreedom
      @GoalFinancialFreedom  7 місяців тому +5

      That's why they leave it up to you if you prefer to have your seedphrase or not.

    • @CardSharkGermany
      @CardSharkGermany 7 місяців тому +1

      Well, they only added the seedphrase option a couple of months ago. The old cards are not upgradeable.
      They told me, that they would work on the passphrase. But so far I only more and more shitcoins added to it

    • @trenton1190
      @trenton1190 6 місяців тому

      ​@@CardSharkGermanyI wish I could only buy the old version card.

    • @iReturnV1deotapes
      @iReturnV1deotapes 6 місяців тому

      What happens if you start getting dimentia or suffering from alzheimers? Or if you get a concusion or go into a coma? What good will your seed phrase be then? It's absolutley ludicrous hearing all you people prosletize about the seed phrase without giving a second thought to the rammifications of your own mortality. Memorizing a personalized pin code or password is MUCH more natural than memorizing twelve words ffs.

  • @pascalcheron7868
    @pascalcheron7868 3 місяці тому

    TANGEM IN THE TRASH! I ALMOST LOST ALL MY CRYPTO! LEDGER AND NOTHING ELSE

    • @kaysevern
      @kaysevern 2 місяці тому

      Do you care to explain lol

  • @Alejandro-n2z3v
    @Alejandro-n2z3v 5 місяців тому

    it is open source.

  • @thomasworld8234
    @thomasworld8234 2 місяці тому

    Not open source, so it’s a no

    • @genesyz-
      @genesyz- 2 дні тому

      Only the security chip because its secure so they cant reveal the security secrets lol

  • @sir-charlespeake3729
    @sir-charlespeake3729 Місяць тому

    Is it possible to hack tangem?

    • @genesyz-
      @genesyz- 2 дні тому

      Never happened i think

  • @jjmickeyy
    @jjmickeyy 3 місяці тому

    For the first 20-30 seconds, you sounded like that passive aggressive ex-girlfriend😀
    You are amazing, but not really!

  • @GathTeakell
    @GathTeakell Місяць тому

    I felt this wonderful feeling in my mind, body and soul when she said “I prefer kislux

  • @tkn4aride799
    @tkn4aride799 2 місяці тому

    It might be made in china which is a huge security risk.

    • @SLVBULL
      @SLVBULL Місяць тому

      Don't fall for America's narrative of talking down china, whatever they tell you the opposite is true.

  • @CosmosBracknell
    @CosmosBracknell Місяць тому

    I felt this wonderful feeling in my mind, body and soul when she said “I prefer kislux