Coin Factory is Now a Certified Tangem Wallet Reseller: Learn More About the Product

We are happy to announce that Coin Factory is a certified reseller of Tangem wallets. In this article, we will explain what Tangem wallets are and how they compare to other hardware wallet manufacturers such as Trezor or Ledger.

Tangem Wallets Explained: What They Are and How They Work

Tangem hardware wallets are a cutting-edge solution designed to securely store cryptocurrency offline in a user-friendly and innovative format. Unlike traditional hardware wallets, which often resemble USB sticks or require a connection to a computer or mobile device, Tangem wallets are physical cards embedded with secure chips, similar to contactless payment cards or smart cards. This approach enhances convenience, security, and accessibility in crypto storage. One particularly interesting development is the line of hardware rings, which Tangem also manufactures.

How Tangem Wallets Work

At their core, Tangem wallets are based on secure element chips certified with high-level security standards, including Common Criteria EAL5+. These chips store your private keys, the secret codes needed by any wallet to send transactions, inside the wallet itself. This is what makes hardware wallets the most secure way of storing cryptocurrencies, as they are never connected to the internet or external devices. The private keys never leave the card, making them extremely resistant to hacking, malware, and phishing attacks.

Modern phones have something called NFC (Near-Field Communication). That is what allows them to be used instead of traditional credit cards. The same technology is used to interact with Tangem wallets as well. You just tap the wallet to your phone, and now you can send transactions securely without exposing your private keys. This design completely eliminates the need for cables, passwords, or complex setup processes.

Security

When it comes to cryptocurrency wallets, security is the most important thing. Tangem has managed to combine the highest security with simplicity that even other hardware wallet manufacturers haven’t been able to replicate yet. Since private keys remain securely embedded in the card’s chip, your crypto assets are protected from online threats.

One notable thing is that even if someone steals the card, they are still unable to interact with your cryptocurrencies without authentication via the app.

The most common way cryptocurrency wallets are hacked is not through malware or theft, but through user errors. That’s why each Tangem wallet is unique and comes pre-programmed with its own secure keys, eliminating the need for users to generate and back up seed phrases manually.

Why Tangem and Who It's For

When you are mining cryptocurrencies, you gain a significant amount of cryptocurrency in the process. If you do not liquidate it and pay for electricity from other income, the value of your cryptocurrency might reach tens of thousands of USD. Protecting it should be your highest priority.

Tangem wallets are ideal for individuals and businesses seeking a hassle-free and secure way to store cryptocurrencies offline. The card form factor makes it portable and easy to carry in a wallet or purse, just like a regular credit card. Hence, it doesn’t even look like something especially valuable. This convenience, paired with the robust security of hardware wallets, bridges the gap between usability and safety.
Tangem supports multiple cryptocurrencies, including Bitcoin, Ethereum, and many tokens on compatible blockchains. You can learn more about supported cryptocurrencies on the Tangem website.

Price is one of the most interesting factors when compared to Ledger or Trezor. On Coin Factory, a Tangem wallet is sold for 1,190 CZK, while the Trezor Model T and Ledger Nano X range from 3,500 to 4,000 CZK.

Our Partnership with Tangem

All of the above make us happy to become a reseller for Tangem wallets, bringing them to a new audience. This partnership allows us to provide our users and clients with best-in-class security tools that simplify crypto management without sacrificing safety. Through this collaboration, we also support ongoing innovations in blockchain security and user experience.

Get your Tangem wallet on Coin Factory today and enjoy safe, simple crypto storage.