In this article, I will explore how you can easily and securely make a purchase through Tangem. With Tangem Wallet
Purchasing and storing digital assets conveniently without the need for passwords, seed phrases, or complicated setups is as simple as a tap of a card.
This guide is tailored for every level of investment expertise, and it will help you throughout the entire process of buying crypto via Tangem.
What Is Tangem Wallet?
Tangem Wallet is a tangible smart card containing NFC technology which interfaces with a mobile application, enabling hands-free management of cryptocurrency assets without the use of passwords or seed phrases.
With an enhanced level of security as private keys are stored directly on the card making hacking exceedingly difficult, Tangem Wallet is a multi-currency crypto wallet that allows users to purchase, store, transfer assets, and manage numerous other functions.
It is optimally designed for persons without prior experience in the crypto world, and even those that have more experience as it is easy to use and exceptionally secure.
How To Buy Crypto Through Tangem
Download and Open the Tangem App
Install and launch the wallet app on your device.
Select the Token
Select the crypto you wish to purchase, e.g. Bitcoin (BTC) or USDT.
Tap on “Buy”
You will be redirected to a buy gate operated by Mercuryo, the on-ramp servie integrated with Tangem.
Complete KYC Process
Identity verification may be needed based on the amount to be spent. Choose Payment Method- Funds can be sent using *Apple Pay, Google Pay, or debit/credit card (VISA/Mastercard)*.
Enter Payment Details
Enter the required payment details and proceed to finalize the payment.
Receive Crypto in Your Wallet
After the payment is complete, the crypto value will be sent to your Tangem Wallet.
Why Use Tangem for Buying Crypto?
Extremely Secure Without Seed Phrases
- Tangem circumvents the need for passwords and seed phrases by storing private keys directly on the card.
- Paranoid about hacks? You shouldn’t be. It is built with bank grade security which makes it impervious to phishing attacks.
Convenient Easy Transactions
- Purchase crypto straight from the Tangem App, that has providers like MoonPay integrated into it.
- No frustrating step-by-step procedures. Tangem cards simply need to be tapped on phones to authorize transfers.
Multi-Currency Usability
- Use Bitcoin (BTC), Ethereum (ETH), USDT, and a variety of other cryptocurrencies with ease.
- Check on and manage a huge number of digital assets effortlessly from a single Tangem Wallet.
Absolute Possession of Assets
- Unlike custodial wallets, assets are under your control and no third party will have access to your funds.
- Non-custodial crypto wallets will execute transactions on the blockchain seamlessly.
No Requirement to Connect to Internet or Power Supply
- Turns traditional hardware wallets upside down as you don’t need to connect Tangem to a power source. All you need is to have a working Smartphone with NFC.
- Great for storing cryptocurrency in cold offline.
Multiple Payment Options and Global Access
- Purchase cryptocurrency using Credit/Debit Cards, Apple Pay, Google Pay, and others.
- Available globally with partnered fiat-to-crypto services.
Features of Buying Crypto Through Tangem
| Feature | Description |
|---|---|
| NFC-Enabled Wallet | Uses Near Field Communication (NFC) for secure transactions via a smart card. |
| No Seed Phrase Needed | Private keys are stored securely on the Tangem card, eliminating the risk of losing a seed phrase. |
| Integrated Crypto Purchase | Buy crypto directly within the Tangem app through providers like MoonPay. |
| Multi-Currency Support | Supports Bitcoin (BTC), Ethereum (ETH), USDT, and many other cryptocurrencies. |
| Multiple Payment Methods | Pay using credit/debit cards, Apple Pay, Google Pay, and more. |
| Non-Custodial Ownership | Users have full control over their crypto with no third-party access. |
| Offline Storage | Functions as a cold wallet, ensuring enhanced security against hacking. |
| Instant Transactions | Transactions are quick and efficient, with funds sent directly to the wallet. |
Common Issues and How to Solve Them
Card Not Scanning? Double check that NFC is On within your phone settings and try again.
Funds Are Missing? Review the blockchain confirmations and check the state of their network.
We Are Here To Help You Lose A Tangem Card? If you have a backup card, you can reaccess your wallet.
Are there any fees for buying crypto through Tangem?
Indeed, there are fees associated with purchasing crypto via Tangem through third party payment services such as MoonPay.
The fees may also include Transaction Fees, which cover the processing costs, Exchange Rate Fees, which depend on the currency conversion, as well as Blockchain Network Fees
Which change based on how busy the network is. It is wise to check the total amount before purchases to ensure there are no unexpected surprises while buying crypto safely through Tangem.
Conclusion
Summary – Summary As mentioned earlier, purchasing cryptocurrencies with Tangem is easy, secure, and user friendly.
An NFC wallet allows you to buy digital assets through reputable providers such as MoonPay, which can be dispensed, stored, and managed easily.
Following the suggested steps guarantees complete mastery and control over your transactions and crypto assets. Start your journey with Tangem today!
