Using a hardware wallet can provide high levels of security, so we need to choose the wallet that best meets our needs with the features it provides. Two popular hardware wallets are Arculus and Tangem. Let’s compare Arculus vs. Tangem to find out which one can be a better choice.
What Is Arculus?
Arculus is a sleek, card-shaped hardware wallet, which keeps your private keys offline, keeping it safe from cyber-attacks and hacks. Let’s check its advantages and disadvantages to be able to compare Arculus vs. Tangem.
Advantages and Disadvantages of Arculus
To easily compare Arculus vs. Tangem, we first need to learn about the advantages and disadvantages of each project.
The Advantages of the Arculus
The advantages of the Arculus wallet include:
- Ease of Use: It has a simple tap-to-authorize functionality, which works using NFC technology.
- Portability: It has a slim design like a credit card, making it easy to carry.
- Advanced Security: It saves private keys offline and applies multi-factor authentication, which increases security.
- Supports Multiple Assets: It is compatible with many cryptocurrencies.
The Disadvantages of the Arculus
Despite these advantages, Arculus can have the following disadvantages:
- Requires Mobile App: It only works with a smartphone app, which can be a negative point for users who prefer independent devices.
- Limited Features: It does not support advanced DeFi integrations or staking.
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What Is Tangem?
Tangem is also a hardware wallet that has a unique approach to storing cryptocurrencies. It looks like a smart card and has a simple and accessible design, which is good for beginners.
Let’s learn about the advantages and disadvantages of Tangem as well, so we can compare Arculus vs. Tangem.
Advantages and Disadvantages of Tangem
Here are the advantages and disadvantages of the Tangem hardware wallet.
The Advantages of Tangem
- User-Friendly Design: It has an easy and interesting setup and operation.
- Durability: It is resistant to physical damage like water or bending.
- No Battery: It does not need charging because it doesn’t work with batteries, so it’s more convenient for long-term storage.
- Scalable: You can create multiple wallets and clone backups to increase security.
The Disadvantages of Tangem
- Limited Asset Support: Tangem supports fewer cryptocurrencies than other wallets.
- Requires NFC-Enabled Device: To use it, you need to use an NFC-capable smartphone.
- No Advanced Features: It is simple and doesn’t offer staking, DeFi, or dApp integrations.
Now that we know the basics about these two wallets, let’s compare Arculus vs. Tangem to see which one can meet our needs.
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Arculus vs. Tangem
The table below gives us a summary of comparing Arculus vs. Tangem. After this sneak peek, we’ll go through the details.
Feature | Arculus | Tangem |
Design | Slim, card-shaped | Compact, smart card |
Portability | Highly portable | Durable and easy to carry |
Security | Offline private keys, 2FA | Offline keys, no battery needed |
Usability | Requires mobile app | Simple NFC-enabled interface |
Asset Support | Many cryptocurrencies | Limited cryptocurrencies |
Price | More expensive | More affordable |
Target Users | Intermediate to advanced users | Beginners to intermediates |
Design and Portability
Arculus has a minimalist, card-like design that is easy to use and portable. However, Tangem is slightly bulkier but has more physical durability while being portable.
Security
Both wallets prioritize security as they keep private keys offline. Arculus includes multi-factor authentication, while Tangem doesn’t use batteries to decrease vulnerabilities.
Usability
Arculus depends on its mobile app for most functionalities, which is a good and easy option for tech-savvy users. However, Tangem just requires an NFC-enabled smartphone, so it can be a better option for beginners.
Asset Support
Arculus supports more cryptocurrencies, enabling users to manage diverse portfolios but Tangem supports limited assets, which is better for users with basic needs.
Price
Arculus is generally more expensive because it offers premium features, while Tangem is more cost-effective for those prioritizing simplicity.
Target Users
Arculus can be a better option for intermediate to advanced users looking for advanced features and asset support. Tangem can be a better option for beginners and casual users who need a simple, durable wallet.
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Who Should Choose an Arculus Wallet?
Choose Arculus wallet if you:
- Want advanced security features like multi-factor authentication.
- Need a wallet that supports numerous cryptocurrencies.
- Prefer a smart, portable design.
- Can manage your wallet with a mobile app.
Who Should Choose a Tangem Wallet?
Choose Tangem wallet if you:
- Are new to the cryptocurrency market and want a simple, secure wallet.
- Need an affordable and easy-to-use wallet.
- Need a durable wallet for long-term storage.
- Don’t deal with various assets or don’t need advanced features.
Conclusion
Both Arculus and Tangem are secure hardware wallets but differ significantly in their features and accessibility. More advanced users generally seek more options, so they can go for Arculus.
However, beginners in the crypto world need simpler designs and UXs, so a wallet like Tangem that offers fewer advanced features can be a good choice for them.