Doing Your Tangem Wallet Taxes with Awaken

Alex
Alex7 min read
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Doing Your Tangem Wallet Taxes with Awaken

Tangem Wallet is a secure and highly convenient cold storage solution that supports over 85 blockchain networks and more than 16,000 cryptocurrencies and tokens, making it one of the most versatile hardware wallets available. If you use Tangem to self-custody crypto across chains like Bitcoin, Ethereum, Solana, or Layer 2 networks, Awaken enables seamless tax reporting by syncing on‑chain transactions straight from your Tangem addresses. For any chains not supported natively, you can easily import transaction history via CSV.


✅ Step‑by‑Step: Connecting Your Tangem Wallet to Awaken

  1. Open the Accounts tab in your Awaken dashboard

  2. Click Add Account

  3. Search for Tangem

  4. Select Add Wallet

  5. Paste your public wallet address for each of the blockchains you’ve used with Tangem

    1. EVM addresses only need to be added once, and all supported chains will import to Awaken automatically.

Awaken will automatically import and categorize your on‑chain activity—covering trades, transfers, staking rewards, NFT mints, bridges, and more—across all supported networks.


🔗 What Blockchains Does Tangem Wallet Support?

Tangem supports more than 85 distinct blockchains, making it one of the most comprehensive crypto wallets in the world. Blockchains supported by Tangem include:

  • Major Layer 1 chains: Bitcoin, Ethereum, Solana, Cardano, Avalanche, Polkadot, Algorand, NEAR, Stellar, XRP Ledger, Tezos, Chia, Dogecoin, and Litecoin

  • EVM and Layer 2 ecosystem chains: Polygon, BNB Smart Chain, Optimism, Arbitrum, zkSync Era, Base, Blast, Fantom, Aurora, BNB Beacon Chain, Moonbeam, Rain, Shibarium, and PulseChain

  • Cosmos & IBC-compatible networks: Cosmos Hub, Osmosis, Juno, Cronos, Kava, Sei, Injective, Evmos, and Terra Classic

  • Other chains: XRP Ledger, Hedera, Internet Computer, Filecoin, Kusama, Avalanche C‑Chain, Aptos, Alephium, Algorand, and Sui

This wide reach means that whether your crypto is on Ethereum-based DeFi platforms or lesser-known chains, Tangem Wallet supports it, and most can be natively connected to Awaken.


💡 Coins Supported by Tangem Wallet

With more than 16,000 supported coins, chances are Tangem has the support for every asset you’ve ever traded on chain. Tangem users often accumulate crypto from various sources (e.g. airdrops, staking rewards, yield farming, protocol incentives, and more) that all carry potential tax obligations. Whatever type of transaction history you have used Tangem for, Awaken can:

  • Track your capital gains when tokens are sold or swapped

  • Report income events like staking rewards or airdrops

  • Deduct gas and bridge fees where applicable

  • Track your Tangem NFT portfolio across multiple blockchains


🔎 Direct Integration—No CSV Needed

Awaken natively supports the most popular blockchains that Tangem customers use, including:

  • EVM-compatible chains: Ethereum, Polygon, BNB Smart Chain, Optimism, Arbitrum, Base, Blast, HyperLiquid, Avalanche C‑Chain, Fantom, and more coming soon.

  • Layer‑1 chains: Bitcoin, Solana, Sui

Follow the steps above to connect each wallet, and Awaken will automatically sync your transfers, swaps, mining transactions, bridge usage, and NFT activity without any manual intervention required.

📌 Note: Cosmos ecosystem chains can be imported via CSV files downloaded from Stake Tax in just a few clicks. Every major Cosmos chain can be imported in under a minute! 


📄 CSV Import for the Remaining Chains

If you've used Tangem Wallet on chains not supported for direct sync, such as Cosmos ecosystem chains like Osmosis, Celestia, or the Cosmos Hub, uploading transactions to Awaken via CSV can be completed in under a minute:

  1. Go to the stake.tax platform

  2. Enter your Tangem address and export your transaction history as a CSV

  3. Format the file using our CSV formatting guide: 👉 How to Format Your CSV for Awaken Tax

  4. In Awaken, go to Accounts > Add Account > Upload CSV and drag in your file

This complements the direct import, ensuring every taxable event—staking rewards, airdrops, fees—is captured.


🌍 Understanding the Tax Implications of Tangem Assets

Tax rules vary by jurisdiction, but Tangem Wallet activity typically involves:

  • Capital gains from token and NFT trades or sales

  • Income from staking, airdrops, DeFi lending/borrowing

  • Deductible transaction costs, like network fees and bridge expenses

Awaken automatically classifies transactions into these buckets and applies the relevant country-specific rules, making your tax preparation easier and more accurate. Learn more with our global guide: 📚 Global Crypto Tax Landscape 2025


🕵️ Is Tangem Wallet Reporting to the IRS?

Tangem is a self-custodial hardware wallet and does not collect or report user transaction data to tax authorities.

Still, if you’ve transferred funds between Tangem and centralized platforms (like Coinbase or Binance), those on-chain transactions may be traceable. To ensure full compliance, Awaken encourages you to import every Tangem wallet address into your platform.


🔄 Summing It All Up

  • Tangem Wallet supports more than 85 blockchains, including Bitcoin, Ethereum, Solana, Avalanche, Cosmos, EVM Layer 2s, and more

  • Native support in Awaken covers major chains; minor ones can be connected via CSV

  • Tax events (capital gains, income, fees) are automatically categorized and reported

  • Self-custodial nature means no third-party reporting, but your diligence and accurate accounting matter

Whether you're using Tangem to hold BTC, DeFi tokens, NFTs, or liquid-staking assets, Awaken helps you stay compliant, complete, and confident at tax time.

Related Content

Solana Portfolio Tax Guide

Bitcoin Tax Guide

Doing Crypto Taxes With TurboTax

Reporting Tangem Wallet Taxes with Awaken