Getting Started with Tangem Wallet
How to buy Crypto theough Tangem Wallet? To start purchasing cryptocurrency via Tangem Wallet, first download the Tangem app from the App Store or Google Play. Launch the app and initialize your wallet by tapping your physical Tangem card against your phone via NFC. The app will walk you through the process of creating a wallet and optionally connecting backup cards for enhanced security. These backup cards enable you to recover access in case the main card is lost or damaged. When activated, your Tangem Wallet is set up to hold and manage your crypto securely.
Choosing the Right Cryptocurrency to Buy
Once the wallet is created, select the cryptocurrency you prefer to buy. Tangem provides support for Bitcoin, Ethereum, USDT, and a variety of other assets. In the app, select the chosen asset and select the “Buy” option. You will be routed to an onboarded fiat-to-crypto partner such as Mercuryo. This partner conducts the payment and transfers the crypto directly to your Tangem Wallet. You will not have to use third-party exchanges or manually transfer funds.
Choosing Your Desired Payment Option
The application facilitates various payment types, such as credit cards, debit cards, Apple Pay, Google Pay, and occasionally PayPal. Once you select your means, input how much you intend to spend using your local money. The app indicates the equivalent amount of cryptocurrency you will have, as well as the costs. This analysis is displayed prior to finalizing the transaction. It provides full transparency and gives you the authority to make your decision before the transaction is final.
Verifying Your Identity Through KYC
To meet regulatory needs, you’ll need to fill out a Know Your Customer (KYC) process. Upload a valid ID issued by your government and, if necessary, a selfie. The payment gateway processes the form securely, and not Tangem. KYC is a onetime requirement, and it does not take much time, like a few minutes. After validation, your account is verified and can be reused for future payments. This makes each purchase carried out via the app a touch more legally safe.
Direct Receiving of Crypto in Your Wallet
Once checked and paid, the cryptocurrency is transferred to your Tangem Wallet straight away. The private keys are still held in your physical card and never go online. This self-custody arrangement means only you control your money. In case you lose your phone, your holdings remain secure as long as you possess the card. Backup cards produced during setup can also rebuild your wallet if the main card is lost.
Real-Time Transaction Progress Monitoring
Tangem enables you to monitor your transaction status in real time from the app. Once you have made an order, the app shows you updates on the transaction progress. Transfer is usually made within minutes, depending on network traffic. Delays by the blockchain or provider will be visible in the status updates. You don’t have to look at different websites or blockchain explorers to check delivery.
Understanding Regional Limitations and Availability
Availability of Tangem’s crypto buying service is location-based. There are payment methods or cryptocurrencies that might not be available in some areas. The app identifies your country and adjusts available choices accordingly. If a method or asset is blocked, the app will notify you prior to the transaction initiation. This makes sure that all transactions are in accordance with local regulations and financial laws.
Applying Tangem for Safe and Straightforward Crypto Purchases
Tangem Wallet provides a secure and hassle-free method to purchase cryptocurrency directly using its app. Hardware-protected private key safeguarding ensures safe purchases without your funds being shown online. Support for various payments, real-time tracking, and strict adherence make the environment of crypto purchases reliable. Tangem bypasses external exchanges, providing simple crypto purchase with full control in your hands.
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