How do I connect my Tangem account to CoinTracker?
To add Tangem wallet to CoinTracker, follow steps below:
Select the Blockchain you've transacted on using your Tangem wallet
Open to your Tangem app
Copy the public address of the selected blockchain
Paste the public address in the 'Public address' field
Select 'Add Tangem'
Repeat the above steps for each blockchain you've used with your Tangem wallet
What is Tangem Wallet?
Tangem is a hardware wallet that stores your crypto securely on a physical card with an embedded chip. It's designed for simplicity and mobility—users manage their assets by tapping the card to their smartphone via NFC. Tangem supports thousands of cryptocurrencies and tokens across major blockchains, including Bitcoin, Ethereum, Solana, BNB Chain, and Polygon. Because it's self-custodial, you remain in full control of your private keys.
Do I pay taxes on my Tangem Wallet transactions?
Yes. Even though Tangem is a hardware wallet, any sale, swap, or use of crypto for purchases triggers a taxable event. You must also report any income from staking, rewards, or airdrops. The tax rules apply regardless of where your assets are stored—offline (hardware) or online (exchange).
Does Tangem Wallet report to the IRS?
No. Tangem does not collect personal data, perform identity verification (KYC), or issue 1099 tax forms. It does not directly report user activity to the IRS or other tax agencies. You are responsible for tracking and reporting your taxable crypto activity from your Tangem Wallet.
Can the IRS see my Tangem Wallet transactions?
Potentially, yes. While Tangem itself doesn't share data, most supported blockchains are public ledgers, meaning transactions are visible and traceable. If you move crypto between your Tangem Wallet and centralized exchanges, those transfers can be analyzed and associated with identifiable accounts.
Does Tangem Wallet have tax documents?
No. Tangem doesn't generate or provide tax documents because it's a self-custodial hardware wallet. However, you can easily calculate your gains and income by connecting your Tangem Wallet to CoinTracker, which automatically imports your blockchain data and generates accurate tax forms.
How do I get tax forms from Tangem Wallet?
To get your tax forms, connect your Tangem Wallet to CoinTracker. CoinTracker syncs your transactions using your public wallet addresses, tracks every taxable event, and prepares reports like Form 8949 and Schedule D (or equivalent forms for other regions).
How are NFTs on Tangem Wallet taxed?
NFTs stored or traded through Tangem are subject to the same tax rules as other crypto assets. Selling or swapping NFTs triggers a capital gain or loss, while receiving NFTs as income or rewards may create taxable income. Accurate tracking of acquisition and sale values ensures compliant reporting.