Written by As the popularity of hardware wallets continues to rise, Tangem Wallet stands out for its unique card-based approach to cold storage. But while storing your crypto safely is crucial, many users find themselves asking: how do I sell crypto from my Tangem Wallet?
In this guide, we’ll walk you through everything you need to know to sell cryptocurrency from Tangem Wallet, including supported methods, best practices, and key security tips. Whether you’re cashing out Bitcoin or converting Ethereum to fiat, this step-by-step guide has you covered.
What is Tangem Wallet?
Before diving into the selling process, let’s do a quick recap. Tangem Wallet is a cold (offline) hardware wallet in the form of a physical NFC-enabled card. Users manage their crypto via the Tangem app on iOS or Android, which interacts with the wallet card via near-field communication (NFC).
It supports multiple blockchains and assets, such as Bitcoin (BTC), Ethereum (ETH), USDT, and many others, offering secure key management without requiring a seed phrase.
Can You Sell Crypto Directly from Tangem?
The Tangem Wallet does not have a built-in exchange or sell feature, meaning you can’t directly convert crypto to fiat (like USD or EUR) within the app. However, you can still sell your assets by transferring your crypto to a centralized exchange or third-party platform that supports fiat withdrawals.
So yes—you can sell from Tangem, but you’ll use the app to send your coins to an exchange like Binance, Coinbase, or Kraken, and then sell them from there.
What You’ll Need to Get Started
Before you begin, make sure you have the following:
- Your Tangem Wallet card
- The Tangem mobile app (latest version)
- A verified exchange account (e.g., Binance, Coinbase, Kraken)
- Your recipient wallet address (from the exchange)
- Access to 2FA, if needed, for security on the exchange
Step-by-Step: How to Sell Crypto from Tangem Wallet
Step 1: Log In to Your Exchange
First, sign in to your preferred exchange. If you haven’t verified your identity, complete the KYC (Know Your Customer) process. This is essential if you want to convert crypto to fiat and withdraw to a bank account.
Step 2: Get Your Deposit Wallet Address
Navigate to the deposit section of the exchange. Select the cryptocurrency you plan to sell (e.g., BTC or ETH), then copy the provided wallet address. Double-check the network—mistakes here can lead to lost funds.
Tip: Always use the correct blockchain network (e.g., ERC-20 for Ethereum-based tokens).
Step 3: Open the Tangem App
Launch the Tangem Wallet app and tap your card to your phone to unlock access. Select the cryptocurrency you want to send/sell.
Step 4: Initiate a Transfer
Click the “Send” button, paste the deposit address from your exchange, enter the amount you want to transfer, and choose the appropriate network. Confirm transaction details and fees before submitting.
You may need to tap your Tangem card again to authorize the transaction.
Step 5: Wait for Blockchain Confirmation
Once the transaction is sent, you’ll need to wait for blockchain confirmation (which can take a few minutes or longer depending on network traffic). You can track the transaction using a block explorer like Etherscan or Blockchain.com.
Step 6: Sell Your Crypto on the Exchange
After the funds arrive in your exchange account:
- Go to the “Trade” or “Sell” tab.
- Choose the crypto you deposited.
- Select the amount you want to sell and the fiat currency (e.g., USD, EUR).
- Execute the trade.
Your crypto is now converted into fiat!
Step 7: Withdraw to Your Bank
Once the sale is complete, go to the Withdrawal section, choose your preferred bank account or payment method, and request the transfer. Processing times depend on the exchange and your bank.
Extra Tips for Selling Safely
- Avoid mistakes: Always double-check wallet addresses before sending.
- Watch fees: Some exchanges charge high trading and withdrawal fees.
- Start small: If it’s your first time, do a test transaction with a small amount.
- Enable 2FA: Secure both your Tangem app and your exchange account.
Alternatives: Use Peer-to-Peer (P2P) or Swap Services
If you don’t want to use a centralized exchange, you can consider:
- Peer-to-peer (P2P) platforms: Binance P2P or Paxful allow you to sell directly to buyers.
- Third-party swaps: Some apps integrate services like Changelly or Simplex, though not directly within Tangem.
Remember: these methods often carry higher risks, especially in terms of scams or delays.
Final Thoughts
Selling crypto from Tangem Wallet is straightforward once you understand the process. While you can’t sell directly from the wallet itself, sending funds to an exchange for fiat conversion is fast and secure when done carefully.
With Tangem’s strong security and ease of use, it’s a reliable choice for long-term storage—and now, you know exactly how to cash out your crypto when the time is right.
Also Read:
- Why is My Crypto.com transaction rejected
- How to Withdraw from Tangem Wallet Without Card
- How to Withdraw from Tangem Wallet
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