Cryptocurrency Fund Transfers: A Complete Guide for Tangem Wallet Users

How to Transfer Cryptocurrency to Your Tangem Wallet

To transfer supported cryptocurrencies to your Tangem Wallet, follow these steps:

1. Generate a Recipient Address:

   • Open the Tangem app and navigate to the homepage
   • Tap the three dots (⋮) in the top-right corner
   • Select your preferred wallet
   • Access "Manage tokens"
   • Search for your desired cryptocurrency
   • Enable the appropriate network toggle
   • Save your selection (you may need to rescan your card)

Critical Note: Always verify that sender and recipient networks match. Mismatched networks may result in permanent loss of funds.

2. Complete the Transfer:

   • After adding the token to your homepage, select it
   • Tap "Receive" to view your public address
   • Copy this address to your exchange/wallet withdrawal interface

👉 Need help choosing the right network? See our detailed guide below.

Network Selection Guide

Only Tangem-supported cryptocurrencies can be transferred. To verify support:

1. Open "Manage tokens" in the Tangem app
2. Search for your cryptocurrency
3. View available networks from the dropdown menu

Pro Tip: Many tokens operate across multiple networks simultaneously. The network you select must match the one used by the sender.

Adding Custom Tokens

For unsupported tokens on these networks, you can add custom tokens:

• EVM-compatible chains (Ethereum, BSC, Polygon, etc.)
• Non-EVM chains (Solana, Cardano, etc.)

How to add a custom token:

1. Tap "+" in "Manage tokens"

2. Enter:

   • Contract address (from CoinMarketCap or blockchain explorer)
   • Network
   • Token name/symbol
   • Decimal places
   • BIP44 derivation (usually "Default")

Example: Adding BinaryX (BNX) on BSC requires:

• Contract: 0x8C851d1a123Ff703BD1f9dabe631b69902Df5f97
• Network: BNB Smart Chain
• Decimals: 18

Special Cases: XRP and XLM Transfers

The XRP Ledger and Stellar networks reserve:

• 1 XRP per account
• 1 XLM per account

This means:

• Transferring 10 XRP shows as 9 XRP available
• These reserved funds remain locked

Tag/Memo Fields Explained

When transferring these assets, tags/memos are:

• Optional for personal wallets
• Required for exchange deposits (like Binance)

For Tangem Wallet transfers:

• No tag needed when sending from exchanges
• Enter any value if the exchange requires one

Transaction Troubleshooting

Common Issues:

• "Invalid address" errors → Verify network compatibility
• Unreceived funds → Check txID in blockchain explorer
• Stuck transactions → Adjust network fees

👉 Learn about optimizing transaction fees in our network fee guide.

Wallet Address FAQs

Q: Do wallet addresses change?
A: No, addresses remain constant unless you reset your card.

Q: Why do different tokens share the same address?
A: EVM-compatible chains use single addresses for all tokens on that network.

Q: How do I find my wallet address?
A: Tap any token → "Receive" → View/Copy address.

Understanding Network Fees

Tangem charges no fees—you only pay:

• Blockchain miner/validator fees
• Variable rates depending on network congestion

Fee Optimization Tips:

• Use Tangem's three fee levels (Low/Normal/Priority)
• Higher fees = faster confirmations
• Monitor real-time fee estimates before transferring

Special Network Fee Rules

Arbitrum/Base/Optimism:

• Fees paid in ETH (native gas token)
• Must hold ETH in wallet to conduct transactions

Solana:

• Requires minimum 0.00089088 SOL to avoid "rent" charges
• Rent: 0.000002439 SOL deducted every 48 hours

Buying and Selling Cryptocurrency

Integrated Services:

• Buy: Mercuryo, Simplex
• Sell: MoonPay
• Swap: ChangeHero, 1inch, OKX

Purchase Steps:

1. Select token → "Buy"
2. Choose provider
3. Complete KYC if required
4. Receive tokens directly to your Tangem address

Troubleshooting:

• Disabled buttons → Token/region not supported
• Failed transactions → Contact provider support

Transaction History and Tracking

Available for:

• Kaspa (KAS)
• Major blockchains (Bitcoin, Ethereum, etc.)

To view:

1. Select token
2. Tap "Explore transaction history"
3. View details in blockchain explorer

Advanced Topics

Smart Contract Mishaps:

• Funds sent to contract addresses may be irrecoverable
• Contact contract creators for possible solutions

Unsupported Networks:

• Tokens remain yours (you control private keys)
• Cannot access until network support is added
• Do not reset your wallet

Best Practices Checklist

✓ Double-check addresses before sending
✓ Match networks exactly
✓ Maintain native currency for fees
✓ Start with small test transactions
✓ Bookmark this guide for future reference

Still Need Help?

Contact Tangem Support through the app if you encounter:

• Failed transactions
• Missing funds
• Other technical issues

Remember: Blockchain transactions are irreversible. When in doubt, verify twice before sending.