Is It Safe to Sell Crypto from Tangem Wallet?

As the crypto world continues to grow, so does the need for secure and user-friendly wallets. Tangem Wallet, a physical smartcard-style hardware wallet, has gained popularity for its simplicity, portability, and strong security features. But if you’re holding crypto on your Tangem Wallet and wondering, “Is it safe to sell crypto from Tangem Wallet?”, you’re not alone.

In this blog, we’ll break down how Tangem Wallet works, what makes it secure, and what you should know before selling crypto from it.

What Is Tangem Wallet?

Tangem Wallet is a hardware wallet in the form of a physical smartcard. Unlike traditional USB-based wallets like Ledger or Trezor, Tangem does not require a computer or browser extension. Instead, it connects directly to your smartphone via NFC (Near Field Communication)—the same technology used in contactless payments.

The main draw? Tangem stores your private keys inside the chip, and they never leave the card, even when interacting with your mobile app. That makes it immune to remote hacks and phishing attacks.

Can You Sell Crypto Using Tangem Wallet?

Tangem itself is not an exchange, which means you cannot directly “sell” crypto within the wallet the same way you might on Coinbase or Binance. However, the Tangem app integrates with third-party services like Changelly, Mercuryo, and Simplex that allow you to swap or sell your assets.

Here’s how the process typically works:

1. Open the Tangem app on your smartphone.

2. Choose the cryptocurrency you want to sell.

3. Select a partner service like Mercuryo.

4. Enter the amount and follow the steps to convert your crypto to fiat.

5. Transfer the funds to your bank account or debit card via the third-party provider.

So while Tangem doesn’t sell crypto directly, it acts as a secure bridge to services that do.

Is It Safe to Sell Crypto from Tangem Wallet?

Yes—But There Are Caveats

The short answer is yes, selling crypto from a Tangem Wallet is safe—as long as you follow best practices and understand the process. Let’s break down the key factors:

1. Security of the Tangem Wallet Itself

Tangem’s smartcard hardware is CC EAL6+ certified, which is one of the highest security certifications for smartcards. Your private keys never touch the internet, your phone, or even the Tangem servers. That means even if your phone is compromised, your crypto remains protected.

Bonus security features:

• No seed phrase to memorize or write down

• Multi-card backup system (2 or 3 cards can act as backups for one wallet)

• Tamper-proof and water-resistant card design

2. Reliability of Third-Party Services

This is where you need to be more careful. While Tangem partners with reputable platforms, you are still using an external service to sell your crypto. Make sure you:

• Verify the provider’s reputation (e.g., Mercuryo, Changelly, Simplex)

• Double-check transaction details and fees

• Avoid phishing links—always use the Tangem app’s direct interface

3. Transaction and Network Fees

Selling crypto involves several fees:

• Blockchain transaction fee (e.g., gas fees for Ethereum)

• Exchange or service provider fee

• Bank processing fee for fiat withdrawal

These fees aren’t set by Tangem but by the third-party service you use. Always check the final payout amount before confirming a sale.

4. Speed of Fiat Withdrawal

Unlike centralized exchanges, where fiat payouts are often instant, third-party services via Tangem may take a few hours to a few days to process your withdrawal. Some services may also require identity verification (KYC).

If you need instant liquidity, using a centralized exchange may be faster—but comes with lower security than a hardware wallet.

Best Practices for Selling Crypto Safely from Tangem

To ensure a smooth and safe experience when selling crypto from your Tangem Wallet, follow these best practices:

• Use Only Verified Partners: Stick with services offered directly inside the Tangem app.

• Confirm Wallet Backup: Before making a sale, ensure your backup cards are set up.

• Beware of Scams: Never share your card’s NFC with untrusted apps or links.

• Watch the Fees: Know what you’re paying for in every step of the transaction.

• Stay Updated: Keep your Tangem app and phone OS up to date for security patches.

Final Thoughts: Is It Safe to Sell from Tangem Wallet?

Yes, it’s safe to sell crypto from your Tangem Wallet—as long as you understand how it works and use trusted services. Tangem is one of the most secure wallets available thanks to its hardware-based protection and NFC technology. While you can’t sell directly within the wallet, the seamless integration with vetted providers gives you a safe path to convert crypto to fiat.

Just remember: the safest wallet in the world can’t protect you from a poor decision. So stay informed, double-check everything, and never trust a random link promising “instant crypto sales.”

Also Read:

1. Why is My Crypto.com transaction rejected?

2. How to Withdraw from Tangem Wallet Without Card

3. How to Withdraw from Tangem Wallet?