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In 2025, Tangem Wallet continues to be a notable player in the cryptocurrency hardware wallet market, offering a card-based solution that claims to be unhackable. The wallet operates through smart cards embedded with EAL6+ certified secure chips, allowing users to store and manage their digital assets using Near Field Communication (NFC) technology. Unlike traditional hardware wallets that rely on recovery seed phrases, Tangem employs a multi-card backup system to enhance security and reduce the risk of private key exposure [1].
The wallet supports over 16,000 cryptocurrencies and 85 blockchain networks, including major ones like Bitcoin, Ethereum, Solana, and Binance Smart Chain. Users can manage multiple external wallets within one interface, making it a versatile tool for crypto investors. Tangem is available in over 150 countries, including the U.S., the U.K., Japan, and Australia, but is restricted in countries such as Iran, Cuba, and North Korea [1]. The wallet is priced in various bundles, ranging from a two-card set at $54.90 to a family pack of six cards for $139.80, with no subscription or ongoing fees involved [1].
Tangem's key differentiating factors include its robust security framework, reliance on NFC technology, and unique multi-card backup system. The EAL6+ chip ensures that private keys are generated and stored within the card, making it extremely difficult for hackers to extract them. Independent security audits by Kudelski Security (2018) and Riscure (2023) have confirmed the absence of backdoors and vulnerabilities in the firmware [1]. Additionally, Tangem's firmware is open-source, allowing independent experts to verify its integrity.
While the wallet boasts top-tier security, it has limitations. It does not generate multiple receiving addresses, which may concern privacy-focused users. It also lacks a desktop or web interface and relies solely on an NFC-enabled mobile app, potentially limiting accessibility. The absence of a built-in screen means users must trust the app to display correct transaction details, increasing the theoretical risk of phishing or malware attacks [1]. Furthermore, third-party services integrated into the app for swapping and buying crypto may incur fees, sometimes exceeding 10% for certain transactions [1].
Despite these drawbacks, Tangem remains a trusted option for users prioritizing cold storage and security over frequent trading. The wallet is marketed as “unhackable,” with the company reporting no successful breaches since distributing over four million cards. However, the disclaimer that no system is entirely immune to attacks remains a critical caveat [1].
The wallet’s setup process is straightforward, requiring users to download the mobile app and follow a few steps to activate and sync their cards. Additional benefits, such as a 10% discount on purchases and a 5 USDT bonus, are offered through the official website [1]. For users looking to buy, sell, or swap cryptocurrencies, the Tangem app facilitates transactions through third-party platforms, with gas fees and KYC requirements varying by provider.
Overall, Tangem Wallet is positioned as a secure, user-friendly solution for long-term crypto storage, with its card-based design and EAL6+ chip offering a compelling alternative to traditional hardware wallets. While it may not be ideal for active traders, its emphasis on security and ease of use makes it a strong contender in the evolving landscape of cryptocurrency storage solutions [1].
Source: [1] Tangem Wallet Review 2025: Is It Really Unhackable? (https://www.cryptoninjas.net/exchange/tangem-wallet-review/)

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