Tangem has introduced a Multi-Accounts feature, allowing users to create up to 20 independent accounts within a single wallet, each with separate addresses, balances, and transaction histories, but unified under one recovery system. The feature includes smart management options like archiving and restoring accounts, full compatibility with industry standards for recovery, and supports nearly all major networks and wallet functions. This enhancement offers users greater organization, flexibility, and security in managing their cryptocurrencies.
If you've ever wished you could organize your cryptomore easily, we're excited to share that we’ve made it happen! The new Multi-Accounts feature lets you create up to 20 separate accounts all within one Tangem wallet. Let's take a look at how this can enhance your crypto experience.
What is Multi-Accounts?
Multi-Accounts lets you split your Tangem wallet into multiple independent accounts. Each account functions independently: it has its own public addresses across supported networks, maintains its own transaction history, and displays its own balance. Yet all accounts remain unified under your single wallet and backup system, meaning you don't need to manage multiple recovery systems.
How can I create a new account?
If you're an existing Tangem user, Multi-Accounts becomes available through an app update. New users will find the feature ready to go from their first setup.
To create a new account, follow the steps:
Open your wallet and tap the three dots in the top-right corner
Select the wallet from the list
Tap Addaccount, then enter an account name and choose a color and icon.
Accounts can be reordered in WalletSettings via drag-and-drop.
On the main screen, you can easily collapse or expand accounts to simplify navigation, and it displays an overall balance for all your accounts, giving you a clear, helpful overview.
Smart account management
With a 20-account limit, you need an account lifecycle management system. The archive system delivers exactly that. When you archive an account, several things happen (and don't happen):
What's preserved:
All balances remain intact
All addresses stay valid
Complete transaction history
Any custom tokens associated with the account
What changes:
The account is hidden from your main screen
Its balance is excluded from your aggregated total
The active account slot is freed up
This is critical: archiving doesn't delete anything. If you have funds in an archived account, they're still there, still secure, still yours. You're simply tucking the account away to reduce visual clutter and free up one of your 20 active slots.
How do I archive an account?
To archive an account, follow the steps:
Open your wallet and tap the three dots in the top-right corner
Select the wallet from the list
Select the account and then tap Archive account.
Important: The account is not deleted. All balances, addresses, tokens, and transaction history are preserved, even if the account still contains funds. The archived account is hidden from the main screen. Archived accounts are excluded from the total balance calculation. It can be restored at any time. The Main account cannot be archived.
How do I restore an archived account?
To restore an archived account
Open your wallet, tap the three dots in the top-right corner
Select the wallet from the list
Tap Archived accounts, then tap Recover next to the account you want to restore.
Important: You cannot restore an archived account if you already have 20 active accounts. To restore an account, please archive another unused account first to free up an active slot.
Recovery and compatibility
Because Tangem follows BIP-32/39/44/84 standards, your accounts are fully recoverable on any compatible wallet software. If you've set up your Tangem with a seed phrase and need to access your funds through a different wallet, you can import that seed phrase and navigate to the same derivation paths.
This is a critical feature for true self-custody: your funds are not locked to Tangem's proprietary system. The cryptographic standards ensure your assets remain accessible regardless of what happens to any single company or product.
Full feature parity across accounts
All accounts can:
Send and receive assets
Buy and sell crypto
Swap tokens
Execute Swap & Send transactions
Connect to DApps via WalletConnect
Participate in staking
Access yield opportunities
The only restriction involves the referral program, where only one account per wallet can participate. This makes sense from an anti-abuse perspective and shouldn't impact most users.
Network availability
Nearly all supported networks work across all accounts. The lone exception is Chia, which, due to technical limitations, remains available only in the Main account. For the vast majority of users managing assets on Ethereum, Bitcoin, Solana, and other major networks, this limitation won't matter.
Adding custom tokens
When you add a custom token, the wallet checks its derivation path against your existing accounts:
If the path matches an existing account, the token automatically appears in that account
If no match exists, the token defaults to your Main account
If you later create an account whose derivation path matches an existing custom token, the token migrates to the new account automatically
This intelligent routing ensures your tokens always live in the appropriate account without manual intervention.
The tech behind Multi-Accounts
When you set up a Tangem wallet, you're creating a Hierarchical Deterministic (HD) wallet, as defined by Bitcoin Improvement Proposal 32 (BIP-32). The advantages of this system lie in its ability to generate billions of unique cryptographic keys from a single master seed.
Here's the core concept: your Tangem device stores a master private key derived from a seed (either generated internally by the secure chip or imported via a seed phrase). From this single master key, the wallet can mathematically derive an entire tree of child keys; each one as cryptographically secure as if it had been generated independently through a random number generator.
The process works through a one-way cryptographic function called HMAC-SHA512. When the wallet needs to create a new key, it combines the parent key with a chain code (an additional 256-bit value that adds entropy) and an index number. The result is a new 512-bit value: the first 256 bits become the child private key, and the second 256 bits become the new chain code for that child.
This is deterministic—give it the same inputs, and you'll get the same outputs every time, forever. That's why you can recover your entire wallet from just a seed phrase: the math will always produce the same keys in the same order.
The Tree Structure: Derivation Paths
HD wallets organize keys in a tree-like hierarchy, with each position in the tree described by a derivation path. These paths e.g. m/44'/60'/0'/0/0 follow a logical structure defined by BIP-44:
purpose' — Indicates the standard being followed (44 for BIP-44, 84 for BIP-84 native SegWit)
coin_type' — Identifies the cryptocurrency (0 for Bitcoin, 60 for Ethereum, etc.)
account' — Separates different accounts within the same coin type
change — Distinguishes receiving addresses (0) from change addresses (1)
address_index — Individual address within the account
The apostrophe (') indicates "hardened" derivation: a more secure form that prevents anyone who obtains a child key from calculating the parent key. This is crucial for security at the higher levels of the hierarchy.
How Tangem implements multiple accounts
Tangem's Multi-Accounts feature leverages this hierarchical structure, but with a slightly different implementation across EVM and non-EVM networks.
For EVM Networks (Ethereum, Polygon, Arbitrum, BSC, etc.):
EVM networks use account-based models, where each account typically has one address. Tangem increments the last index (address_index) to create new accounts:
This approach is efficient for account-based blockchains because each account needs only one primary address. The 60 in the path is Ethereum's registered coin type under SLIP-44 (the registry that assigns numbers to cryptocurrencies), but EVM-compatible networks share this derivation structure.
For Non-EVM networks (Bitcoin, Litecoin, etc.):
Bitcoin and similar UTXO-based networks work differently. Each account might need many addresses; a fresh one for each transaction to preserve privacy. Tangem uses the account index (third position) to separate accounts:
The 84 indicates BIP-84 native SegWit addresses (the modern bc1 format that offers lower fees), and the 0 coin type represents Bitcoin. By incrementing the account index, each account gets its own branch of the key tree, allowing it to generate unlimited addresses within that branch.
