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Sometimes, starting fresh is necessary, and with Tangem Wallet, starting afresh means resetting it to factory settings. This reset erases private keys in the wallet's chip. This video shows you how to begin a new journey with your Tangem cards/rings. 🚨 But before you do that, you must first... show more
28,810 görüntüleme • 1 yıl önce •via X (Twitter)
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I use the @Tangem Card as my wallet! IMO it is the best cold wallet for nearly everyone! Easy to use, SAFE, affordable, SAFE, very slim, SAFE! Safety first!

Thank you so much!

The IRS has rolled out new regulations for crypto tax: Rev. Proc. 2024-28 In other words, if you hold crypto, it’s time to pay attention. Here’s what you need to know. 👇 If you've historically used the Universal cost basis tracking method, it's time to prepare for a change. Starting January 1, 2025, the Per-Wallet cost basis tracking method will be the only accepted approach. Why does this matter? 🔹 There are only two accepted methods of transitioning from Universal to Per-Wallet tracking. 🔹 Keeping detailed, wallet-specific records is now crucial for filing accurate taxes. 🔹 Reporting incorrectly could result in penalties, so getting this right is important. What you need to do 👇 CoinTracker provides an automated solution for users to transition from Universal cost basis tracking to Per-Wallet tracking. To get started, simply navigate to your tax settings and set your Tax Lot Allocation Method before end of year. Starting January 1, 2025, you will have the option to automatically transition your universal tax lots to specific wallets based on the Tax Lot Allocation Method you selected. By selecting your Tax Lot Allocation Method before January 1, 2025, and migrating your tax lots from Universal tracking to Per-Wallet tracking before filing your 2025 taxes in 2026, you may qualify for safe harbor protection on your tax lot allocations. When do these changes take place? The new tracking requirements apply to tax years beginning after December 31, 2024. This means the changes will affect your tax filings starting with the 2025 tax year. Taxpayers are encouraged to begin adjusting their record-keeping practices now to ensure compliance when the new rules take effect. We will continue to closely monitor and update you regarding any new changes to US crypto tax regulations that may impact your account. How CoinTracker helps: We automatically track your crypto transactions across wallets and exchanges, helping you stay compliant while making the process as smooth as possible. 🧘 Tax rules may change, but staying organized doesn’t have to be a headache.

Greatest wallet in history

Thank you!

Please swap Fantom to Sonic, all tokens on Tangem Wallet. Tangem is one of the best Crypto wallet, it can not be we have to do it on our own. Best regards

How about if it was activated with seed phrase.. still do we have to move the asset before reset?

Could you please explain why we need to do this ?

Security concerns: If you suspect your wallet has been compromised after using a malicious dApp, the best course of action is to revoke permissions, transfer any untouched assets, and reset the wallet. Selling or gifting the wallet: If you plan to transfer ownership of your Tangem Wallet, resetting it ensures nothing is left behind. Account reorganization: Resetting is an effective option if you want to clear all stored assets and reconfigure the wallet from scratch, e.g., going from a seed phrase to a seedless one.

Why would I want to start afresh? Could it be compromised?

will there be an automatic migration of FTM to S ?
