Tangem Pay Explained...
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- เผยแพร่เมื่อ 8 ก.พ. 2025
- 🚨Get 10% OFF your Tangem Order using code CYBERSCRILLA at checkout. Or use the link: tangem.com/en/...
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Tangem partnered with Visa to create Tangem Pay. Here’s everything we know so far.
Learn about crypto taxes!
How To File Crypto Taxes:
• How To File Crypto Tax...
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• Crypto Taxes Explained...
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🚨Get 10% OFF your Tangem Order using code CYBERSCRILLA at checkout. Or use the link: tangem.com/en/pricing/?promocode=CYBERSCRILLA#pricing
Thanks for watching. God bless!
- Scrilla
Hey Cyberscrilla, I am trying to start a crypto business and after getting a ein I went to 3 banks and none of them would let me open a business bank account. Which bank do you use or recommend? I tried Chase, B of A, and a local bank. They all said it was too risky.
I ordered a tangem ring using your code but there's been a problem with delivery. I received a mail on 20/01/25 from tangem of an unsuccessful delivery attempt but I did not receive any notification of an attempt to make the delivery. And there's been no movement on their teaching site. Can you assist please?
How can I get
So I got my tangem Three pack of cards one of them won't scan says error 10001 What the h do I do? So far, terrible experience.
Been waiting a long time for this . Im from the UK and treated very badly by banks . I want to be my own bank ASAP !.
yes i live in canada i can use this for avoid tax. lol why i should pay tax if they use in for uselles shits .
😁😁😁😁
Trust can only but through few exchanges and even then limited
@@crimevault-x4isame bro
Same here mate… totally crap how the banks treat us here
All Banks are part of the Cabel.
I want to remove all of my funds ASAP
The big issue is if KYC will be required to use this service; I don't want the government's grubby hands to tie my identity to my private wallet.
Put it in your mom, your dad, someone Else’s name 😂
Leon's all over that already.
Lets create a private barter wallet app and our own private member-funded freedom-minded investment society and let's invest in creating our own self-sufficient private economy system that is freer and truly serves us. Now that we have the tech we can do it. I'd invest right now if we had a leadership team and a strategic plan. We'd invest in our own private land, and organic farming 1st to secure our food for our society members. We need to break free of this matrix and now we can more easily. We could use PaxGold to barter with too and privacy crypto Monaro & Zcash. We should be boycotting this current slave system as much as possible and building a better system that can't be corrupted by our enemies.
good one. whats your guess for now?
Wow, that’s perfect. If Tangem Pay actually charges fees based on the blockchain fees that would be amazing.
Great video. You have a real gift for explaining/teaching information in a very understandable way! Thank you!
This is huge! Looking forward to this !!
Same!
What a joy your channel is growing ❤️
I'm not dealing with USDT at all. No trust with them at all .
Why ?
@@rhaimann Those who own the central banks also own the crypto exchanges. They manipulate the value of coins through derivatives, overnight mass transactions between them to manipulate price action and steal your wealth BY DESIGN. If your US dollar is worth something, try taking it out of your bank account. USDT is just another derivative of paper worthless money.
Honestly, we would love to understand your thoughts why not trusting USDT? I've been using it for over 5 years, the most stable coin being used and tied practically 1 to 1 pegged to the USD. 😐
RLUSD will be a better replacement soon enough.
@ Sure it facilitates crypto purchasing tools deployment but like you said it is tied to the Federal Reserve Note dollar value and not the Constitutional Republic Treasury Note. Time will tell if they will honour on par value when/if the transition happen (crash of USA Inc which is already bankrupt). Trump is seeking extension instead of declaring default on the debt. For the time being it could be safe and convenient to hold a few to satisfy immediate transactions but I would not hold more than that.
I think the Tangem pay is a fantastic idea but I’m certain I’m not the only one who sees a problem using an unregulated partnership with USDT who have not submitted their finances to an Audit ….
Agreed. Look into Metamask. Uses USDC on Linear (LINA)
It will support other cryptos.
Let's hope so👍🏽
Yes they need it to be like the wise app, currency conversion, to any currency. I’m in the US I’m waiting patiently.
Awesome! The future is here now.
Pretty exciting!
Can't wait for this.
I've watched a bunch of your videos.
Great content.
Liked and subbed 👍🏻
Awesome, thank you for watching!
Really looking forward to it. I follow tangem also many months already, it’s the best cold wallet I think for me
I’m so new to this and very glad I discovered your channel. Keep up the great work!!
Welcome aboard! Thanks for watching and for this kind comment!
- Scrilla
This is a game changer in the crypto cold wallet industry, my only worry is if Tangem & other mobile wallets providing this service becomes more mass adopted, governments & exchanges will hate it as small retail investors will start becoming there own banks & potentially without KYC , will Apple/Samsung start getting pressure from higher powers to remove some wallet
apps as this can’t be policed….
So we can get a new tangem wallet and connect that to visa and send crypto to it from the old wallet? To stay anonymous… 🤔
Tangem pay will work with other wallets. Yes
Not necessarily . If the source was kyc like coinbase then no.
@@nickybyrne4961 It’s not KYC. The source is your crypto walllet
@@cyberscrilla i mean the source of the original crypto. If it was bought on an exchange with kyc then the government can track it.
@@cyberscrilla If the original crypto was purchased through a KYC exchange - as most is - it's still identifiable on the blockchain when sent from a cold wallet. Unless your doing something to obfuscate like coinjoin or using Monero, etc.
Cheer CS great content as usual. USDT I don't touch but when other blockchains arrive then definitely interested.
Thanks for watching!
I love it. We're finally making huge progress into mainstreaming crypto.
But at what cost/end?
Keeping anonymity you say, so you mean it is the first credit/debit card with no kyc requirements? Sounds strange visa does that?
That's my point. This will require full AML/KYC, it will also require the govt to be able to seize your crypto that this card can access (thanks to financial laws). This is basically the CBDC we're all worried about.
Use Ultimo card…
Stablecoins are not decentralised.
What we really need is for Tangem to bring Lightning functionality to their wallet.
true, All stable coins are tied to US-Treasuries except USTC
So no KYC and no control from government possible?
Finally real solutions that are not tied to banks and centralized garbage companies.
Although i don't see anything about this on their web. Hope soon....
Years in the waiting shows how much control traditionally banking card systems have been against crypto. Eventually they can stop it no more. The day some organization bypasses this existing payment systems (Mastercard etc) will be good, for example to create a new crypto tap and go that goes into merchant payments at checkout like supermarkets etc. So you tap pay that instead the Mastercard, visa card system. To get rid of Mastercard fees completely. By by Mastercard and visa dominance.
How about KYC?
Thanx for content. 👍
so what exactly will happen in the back end when you make a purchase? VISA pays the merchant in fiat and keeps your usdt?
Soo pumped for this! LETS GOO!!
Any word on if there will be REWARDS?
Finally!! This is definitely what we've needed.😊
More to come!
If users control spending transactions with this new technology, it would naturally eliminate or reduce credit card use. In that event it would logically affect credit scores since they are based on purchases and timely payments.
It’s just a self-custodial debit card. It would NOT reduce credit card use. People will always want to barrow money they don’t have. This card doesn’t change that.
They need to add RLUSD.
Who knows. Maybe they will. It will support multiple currencies
100% agree
If it uses RLUSD then Polygon needs to integrate with XRPL which either means a bridge or Tangem will have to add Ripple network.
@@BandiMasha i think RLUSD will integrate with allot very soon. The set up had been the plan for a very long time. That is my opinion from watching this movie play out.
The Tanagem dev team is slow, I requested to add SGB in 2023, and till today not been added.
Is this available in the USA?
Mate, I've been studying more about the Btc system lately and thinking, if I have a large amount of Btc and use tangem, having everything at the same address doesn't expose me more and makes me have less privacy
There’s no privacy on the blockchain. It’s literally a digital public Ledger
Sounds great but I no longer hold or deal with USDT....Don't have faith in it..heard it's on it's way out.
This is great, but why are we still using Visa? Visa is still charging fees to the merchant. I heard eventually Visa will use USDC on the Solana block chain.
Love your videos... If you buy a card now, will you have to buy another one when the Visa buying capabilities are enacted?
@@IbyCrypto Yes, Tangem Pay is a completely separate product.
The current cards are a great way to secure your crypto. I’ve got several sets personally. And they should work with Tangem pay once released
Yes, but can't visa now track your money and transactions this way? Appreciate the info. Love your channel. Sending many people to you for solid , quality , no bs info.
Thanks for watching and for your support!
Love your stuff . Great video . Thanks for your time sir
So we have to purchase another card? Will we be able to use it the same as our wallet with added features or is it completely different and we just connect out wallet. Any idea on the price as well?
is tangem pay available globally
When will visa go bye bye?
Will you get earn points or cash back with the ltangem card wallet card?
Needs to use RLUSD.
Exactly what's required!
Your the man bro!
Right?
Thanks for watching!
Hope they allow Sol as well as USDT
Can i buy kaspa in the tangem wallet?
Been waiting so long !! I plan to have a separate wallet for just enough money that I need and another wallet as a safe
NICEEE!!
I hope we get coin management for UTXOs in the near future
This is gonna be next level
BitPay used to do this with at hot wallet. This is super dope
Hi, thanks for the vidéo. If it's first available for EU, hope it will be possible to pay with usdc, as usdt is now forbidden in Europe because of MICA regulation...
Curious if you have any idea why I can’t continue to payment information when trying to purchase the Tangem wallet online?
I can enter in shipping/billing address, but can’t continue after
I wonder if something like this would avoid the issue where signing a transaction exposes your funds to be stolen like normal crypto transactions.
Do you know if the card will load into Apple pay on cell?
Also, can you withdraw funds from an ATM?
Thank you for informing😊👌
Don’t sell your crypto. Have enough USDT for monthly expenses, reload USDT monthly. Then no taxes to pay
What about the KYC? ... Is it required?
Can you deposit fiat currency onto the vis card so you dont spend crypto?
Yes
But doing that then you'll probably pay a standard Visa % like you do already with a normal Visa card
@@BandiMasha I would pay more for privacy?
Only problem is sooner or later Visa will want their 3% fee and that was the whole point of crypto to get away from the absurd fees.
For sure
Love to know how much would the Visa debit card will cost it’ll be good to know
If I had to guess, similar to the wallet ($50-$60)
Can’t wait for this to work with RLUSD!!
Any subscription fee? Processing fee?
I hope tangem will launch their own token
too many tokens out there mannn please 😂
I don’t 😂
No the question is how does tangem profitted from this model?
@@patrickpatrick4549 they sell the card.
What Visa gets from Tangem Pay? Collect data what you purchaced?
When something is free you're the product
It’s not free 🤔
I think VISA needs to do this to be a part of the future
Been waiting for this for since your first video. Definitely interested but geographic availability is going to be an issue.
But we are using cryptos though?
Subscribed love your worke 😁😁😁
Thank you!!
Is Tangem Pay also a wallet? I don’t mind putting some of my cryptos from my leger wallet to Tangem Pay wallet.
Thank you,this is huge waited so much for this
I have been waiting weeks now for Tangem to deliver my cards
I mean it says on their website FAQ shipping can take 2-20 days depending on your location. I’d reach out to them if you haven’t already
They literally tell you how long it takes before you buy it.
How bout using XLM for that purpose instead of polygon? This should be faster with lower fees. IMO, there's way too many middle man in between you and your onchain crypto. But this a step in the right direction.
Thanks, mate.👍
Still want to know, why not use USDC but USDT ?
It’s not just going to support USDT as stated in the video. It will support various fiats, stablecoins, and cryptocurrencies
In the UK you have to use a crypto exchange to withdraw cash.
This isn’t about withdrawing cash. It’s about spending crypto. Using it as a currency.
@ to spend you need to send to a crypto exchange first.
Appreciate your channel and infos about Tangem.
Question:
When I do swap on Tangem, do I need to do like Revoke authorization? Say USDCsol to BTC
USDTarb to BTC
Thanks
What is a fee when i transfer EUR to this wallet from Visa card?
It’s not out yet. More details later
Does tangem hold tokens on Stellar network? Have been able to find any info regarding this
Yep, it supports Stellar network. I just checked my wallet 👍
I wonder how this would work with a keystone. Do you think we’d have to verify each purchase the way we would when buying/selling thru keystone? Thanks
No. Likely sign one contract approval with your keystone and you’re good. But idk for sure
You had me till USDT 😢. UNFORTUNATELY USDT is on its way out as Euro and US markets will push their CBDC or perhaps preferred stable coins USDC RLUSD
As stated, this card will support many currencies, not just USDT
When though? Promised for 2 years already. No way it will be permitted in UK or EU unless every transaction is KYC/AML logged and reported to the authorities.
Nothing was “promised”. And I give an eta in this video
@cyberscrilla Will believe it when I see it. Even big players like PayPal aren't crypto compliant in the UK.
I used your link to buy Tangem wallet. It doesn’t seem to allow you to set up multiple accounts with BTC. I have btc on exodus and blue wallets, that allow multiple accounts etc. : one account for savings, other for spending, other for retirement. Does Tangem have that feature???
I wanted to get my btc out of my phone hot wallets.
Is there a way???
Only single account is supported. Support for multiple wallets coming soon.
That said, you can transfer all your BTC to your Tangem wallet Bitcoin address.
@ what about importing the seed phrases of the other wallets to Tangem ???
@@raw-earth-exploits well if you’re using multiple accounts in the other wallet and import it into Tangem, it won’t work well because only one address will populate
If you don’t want to wait for Tangem to release support for multiple addresses, I’d go with a wallet like the Ledger Flex
Soon Tangem Pay on Kaspa 🙌
I wonder if I will ever be able to tap my hand on a payment terminal with my ring on and have it pay for my goods.
You mean there will be no fees for using the card to pay something that's priced in fiat (either USD or EUR)?
It is a step in the right direction, but will only make sense if they lift the obligation to report every "coffee" to the IRS. (this would defer the goal of making it simple)
Also, if Tangem partners with Visa, then i dont think a company like Visa will be in it for free or for low fees.
There is no law that says you have to pay taxes. Income is taxable and income is for corporations. I'm not filing taxes next year and I'm going to turn my exemptions all the way up.
Do you 👍
Great video scrilla!
Due to being quite new to crypto your videos have been a massive help since I discovered your channel.
Referring more to the tangem wallet and app on your phone, how essential is it would you say to make sure your phone is clear from malware and how would you go about doing this? Perhaps by installing a vpn etc to make sure your crypto is 100% secured.
Keep up the content, it’s a big help :)
Get nord vpn it scans the darkweb and monitors if your email has been hacked. You can also pay for id protection too.
You don’t need a VPN and that wouldn’t help with malware. To ensure your phone doesn’t haven malware you could factory reset it
@ oh right ok, would you recommend doing this before setting up the tangem wallet on your phone?
Why do I get the feeling this card won't be made available world wide like 99% of all the crypto debit cards??
Yes they are definitely not allowing this.
So instead of selling to a exchange to convert to fiat could we use this and it would save doing all that and pay direct ? Guessing we could get a conversion rate at some point so if the site we used wanted $1 it would use our crypto of choice and convert it?
great video 👏🏽👏🏽
Thanks for watching!
The main problem is for all this crypto card is none of it available in the Asian market yet
Awesome thanks man.
Moonwell card isn’t tied to a exchange
Yeah! I'm gonna get one.
My question is. Is it KYC or not? 😅😅
I went to Tangem but their support is really poor. I had a problem since their last data leak and the problem isn’t solved.
Thank you so much for a Great informative Content , one question on mind is that , Transactions through Tangem Pay when selling Crypto will it based on the Actual Market Price or Tangem Pay will have their Own pricing ? Thank you Alex.
Market price
@cyberscrilla Thank you
Will it require KYC?
KYC is required only if you directly buy crypto from Tangem Wallet , If you send/ Receive crypto from other Platform like Binance, Coinbase etc. you don’t need KYC
i’ll consider when it supports the obvious chain… Solana
I’m excited to see what other networks they’ll support!
It’s a step in the right direction. We may not see it until some other changes in the world.
POWER TO THE PEOPLE......SCRILLA!!!
But how long before it’s not feasible anymore. Unfortunately they’ll likely crack down on this too