How does Tangem work?
Tangem is a smart card technology that allows users to securely store and manage their digital assets, such as cryptocurrencies, on a physical card. The card contains a chip that stores the private keys necessary for accessing and transferring the assets. Users can simply tap the card on a compatible device to make transactions, providing a convenient and secure way to manage digital assets.
Is Tangem secure?
Yes, Tangem prioritizes security. The private keys stored on the card are generated securely and never leave the card, reducing the risk of hacking or unauthorized access. Additionally, Tangem cards use advanced encryption algorithms to protect the stored assets. Users can have peace of mind knowing that their digital assets are stored in a secure and tamper-proof physical form.
Can Tangem cards be used with any cryptocurrency?
Tangem cards are compatible with various cryptocurrencies, including popular ones like Bitcoin and Ethereum. However, the specific cryptocurrencies supported may vary depending on the card model and firmware version. Users should check the product specifications or contact Tangem directly to confirm compatibility with their desired cryptocurrencies.
How can Tangem cards be recharged or topped up?
Tangem cards can be recharged or topped up by transferring digital assets to the card's address. Users can do this by sending the desired amount of cryptocurrency from their digital wallet to the card's unique address. The transferred assets will then be securely stored on the card and can be accessed for future transactions.
What happens if a Tangem card is lost or stolen?
If a Tangem card is lost or stolen, the user's digital assets remain secure. The private keys stored on the card are protected by encryption and cannot be accessed without the physical card. However, it is still important to take necessary precautions, such as reporting the loss or theft to the relevant authorities and monitoring any suspicious activity on associated accounts.
Can Tangem cards be used offline?
Yes, Tangem cards can be used offline. The cards store the necessary information and private keys directly on the chip, allowing users to make transactions without an internet connection. This offline functionality provides an added layer of security, as it reduces the risk of online attacks or unauthorized access to the stored assets.