Cryptocurrency enthusiasts have found a new way to keep their digital assets close to them with the Tangem Ring, a sleek, ring-shaped hardware wallet that allows users to store and access their Bitcoin, Ethereum, and other digital currencies. Launched earlier this year, the Tangem Ring has already sold over 10,000 units, reflecting its growing popularity.
A Modern Symbol of Commitment and Convenience
Ana Jacobson, Growth and Community Lead at Tangem, shared that the product has seen global interest, with the first batch of 10,000 rings selling out quickly. A second batch, which includes various sizes, has also nearly sold out, with a third batch expected to arrive in February.
Jacobson noted that some customers have found a romantic twist to the ring’s utility, with several expressing plans to propose to their significant others using the Tangem Ring. “It’s really a symbol of modern commitment,” she said. “It’s functional, it’s durable, and it helps carry digital assets in a stylish manner.”
Durability and Design
Crafted from Zirconia ceramic, the Tangem Ring is not only stylish but also built for durability. The material is lightweight yet resistant to scratches, dust, water, and extreme temperatures, making it ideal for daily wear. The company also offers a 25-year warranty on the built-in chip that secures users’ cryptocurrency assets.
How It Works: Secure and Convenient
The Tangem Ring set includes one ring and two cards, with the entire set priced at Dh475 — a 20% discount being offered at the Bitcoin Conference MENA in Abu Dhabi. According to the company, the ring provides maximum protection for digital assets against loss or theft, featuring smart backup technology and a seed phrase option.
The activation process is simple: during setup, the ring’s built-in chip generates a random private key, which is securely stored on the ring itself, as well as on the two accompanying Tangem cards. This ensures that the private key cannot be compromised. Importantly, the backup activation is a one-time process, providing peace of mind for users knowing their digital assets are well-secured.
Easy Access to Cryptocurrencies
Once activated, owners can access their cryptocurrency wallet by simply tapping the Tangem Ring on a compatible smartphone. The ring is equipped with NFC (Near Field Communication) technology, allowing users to send, receive, buy, transfer, and swap cryptocurrencies seamlessly. The ring also provides access to DeFi, dApps, and NFTs, without the need for cables, batteries, or chargers.
However, for added security, the ring must be removed from the finger and tapped against the phone to access the wallet, ensuring that users maintain control over their assets at all times.
The Tangem Ring offers a practical, fashionable solution for those looking to carry their digital wealth with them, all while adding an innovative touch to the way cryptocurrencies are stored and accessed.
