Frequently asked questions

Question 1

What is Tangem Ring?

Accepted Answer

Tangem Ring is categorized as a hardware wallet and cold wallet. Tangem Ring is a wearable ring-shaped crypto wallet that supports managing over 6,000 cryptocurrencies through NFC for easy tap-based transactions.

Question 2

Is Tangem Ring safe & legit?

Accepted Answer

Tangem Ring is non-custodial and has not experienced any major scandals, hacks, or criminal charges. Tangem Ring uses a CC EAL6+ certified secure element, non-upgradable firmware, and is independently audited.

Question 3

Who created Tangem Ring?

Accepted Answer

Tangem Ring is created by Tangem AG, a company co-founded by Andrew Pantyukhin, and Andrey Kurennykh.

Question 4

Where is Tangem Ring's company based?

Accepted Answer

Tangem, the company behind Tangem Ring, is headquartered in Zug, Switzerland. Tangem Ring has not undergone any rebranding.

Question 5

How does Tangem Ring work?

Accepted Answer

Tangem Ring is a wearable hardware wallet in ring form that communicates via NFC with a mobile app. Tangem Ring generates private keys within its secure element and stores them across the ring and two backup cards. Transactions are signed by tapping the ring on a smartphone and confirmed through the app.

Question 6

When was Tangem Ring launched?

Accepted Answer

Tangem Ring launched on July 17, 2024.

Tangem Ring

Specifications

Form

Storage

Platform

Software

Custody

Source

Security

Connectivity

Recovery

Features

Strengths

Weaknesses