Skip to main content

Search...

Popular searches

Cypherock X1 vs Tangem Ring

Cypherock X1 offers open-source code, Shamir Backup, full desktop support. Tangem Ring features seedless design, IP69K water resistance — and costs $61 less.

2 wallets
Screen vs Screenless
No IP rating vs IP69K
$61 price gap
Quick Verdict Updated 2026
Cypherock X1
Cypherock X1
Best value
70 /100
Good
Tangem Ring
Tangem Ring
Best overall
75 /100
Good
Open-formula rating 40+ criteria analyzed Last updated June 2026 No sponsored rankings

Key Takeaways

  • Tangem Ring wins in security (97/100)
  • Tangem Ring wins in ease of use (70/100)
  • Cypherock X1 is more affordable ($99)
  • Both support 25+ cryptocurrencies
  • Best for beginners: Tangem Ring (easier setup)

Cypherock X1 vs Tangem Ring: Key Differences

Both Cypherock X1 and Tangem Ring can keep your crypto safe — the real question is which one fits the way you actually use it. We've put both through our open-formula scoring on 40+ criteria: Cypherock X1 (Cypherock) lands at 70/100, Tangem Ring (Tangem) at 75/100. The $61 gap between $99 and $160 isn't arbitrary — these are two different bets on what matters in a hardware wallet, and the right pick depends on which bet you'd take.

Winner by Category

Which wallet leads in each area

Security
Cypherock X187/100
Tangem Ring97/100
Ease of Use
Cypherock X162/100
Tangem Ring70/100
Price
Cypherock X1$99
Tangem Ring$160
Coin Support
Cypherock X125+
Tangem Ring85+
Privacy
Cypherock X136/100
Tangem Ring53/100
Beginner Friendly
Cypherock X162/100
Tangem Ring70/100
Comparing:
Cypherock X1
Tangem Ring

Comparison Table

Key specifications for your decision

Cypherock X1 vs Tangem Ring — Common
Criteria
Cypherock X1
Cypherock X1
Cypherock
$99
View Best Price
Tangem Ring
Tangem Ring
Tangem
$160
View Best Price
Overall Rating
70/10075/100
Security
87/10097/100
Usability
62/10070/100
Price
$99$160

EAL Certification (Evaluation Assurance Level) from Common Criteria rates the security of hardware components, like secure chips in crypto hardware wallets. Higher levels, such as EAL5+ or EAL6+, indicate stronger resistance to attacks.

Learn more
YesYes

Open Source Firmware refers to firmware in hardware devices, like wallets, where the source code is publicly available, allowing transparency, auditability, and customization.

Learn more
YesYes

Bluetooth Connectivity enables wireless communication between devices, like hardware wallets and smartphones, using Bluetooth or Bluetooth Low Energy (BLE) for secure data transfer.

Learn more
NoNo
USB
YesNo
Networks
25+85+

A passphrase is an additional security layer for cryptocurrency wallets, acting as a 25th word in the BIP39 seed phrase, protecting access to hidden wallets.

Learn more
YesYes

A touchscreen display is a screen that allows users to interact with a device by touching the surface, commonly used in hardware wallets for easy navigation and transaction confirmation.

Learn more
OLEDNone

Recovery is the process of restoring access to a cryptocurrency wallet using its seed phrase or mnemonic backup if the original wallet is lost or inaccessible.

Learn more
Multi-cardMulti-card
Setup Time
~20 min~3 min

IP Rating refers to the level of protection a device has against dust and water, often used for hardware wallets to indicate their durability in various environments.

Learn more
NoneIP69K

Affiliate link — we may earn a commission at no extra cost to you. Learn more about our affiliate policy

Our Verdict: Cypherock X1 or Tangem Ring?

Choose Cypherock X1 if...

  • You want on-device transaction verification via a built-in screen
  • You want advanced backup with Shamir Secret Sharing
  • You are comfortable managing a seed phrase
  • You need full desktop support (Windows, macOS, Linux)

Skip Cypherock X1 if...

  • × You need a device with an official IP rating against water and dust

Choose Tangem Ring if...

  • You prefer a compact, screenless form factor
  • You need a durable, IP69K-rated waterproof device
  • You want a quick ~3-minute setup

Skip Tangem Ring if...

  • × You want to verify transactions on the wallet's own screen
  • × You manage crypto from a desktop (no Windows, macOS, or Linux app)
  • × Budget is tight — you'd be better served by a cheaper option in this comparison

Our pick for most users

Based on the overall rating, Tangem Ring scores 75/100 and offers the best balance of security, usability, and value in this comparison.

View Best Price — Tangem Ring

Bottom line: Tangem Ring is our pick — it leads on both security and ease of use, and the overall score reflects that. If budget is real, Cypherock X1 comes in $61 cheaper without giving up the basics.

Price: Cypherock X1 vs Tangem Ring

Cypherock X1 costs $99, while Tangem Ring is priced at $160 — a $61 difference. The extra cost of Tangem Ring gets you a 5-point higher overall rating. For budget buyers, Cypherock X1 offers solid security at a lower price point.

Who Should Pick Which Wallet

Recommendations based on real-world use cases

Cypherock X1

$99
Lower priceGreat priceWalletConnect supportAndroid support
Pros
  • +No seed phrase to write down, lose, or have stolen
  • +Key split via Shamir across four EAL6+ NFC smartcards removes the single point of failure
  • +Open source with WalletScrutiny-verified reproducible builds
  • +Independently audited by KeyLabs, with signed anti-rollback firmware and a genuine-device check
Cons
  • USB-tethered, not air-gapped — no QR or Bluetooth signing
  • Carrying and storing four separate cards is more cumbersome than one device
  • Small, dim 0.96" OLED display
  • No native multisig (uses Shamir instead)

Tangem Ring

$160
Water resistanceWalletConnect supportAndroid supportiOS support
Pros
  • +World's first smart ring hardware wallet — wearable crypto signing
  • +EAL6+ Samsung secure element, same chip used in Tangem cards
  • +IP69K waterproof rating — survives submersion and high-pressure water
  • +No battery required — passive NFC means zero charging ever
Cons
  • No screen — transaction details must be verified on paired phone
  • Closed firmware — source code not publicly auditable
  • No backup ring included at $160; losing it risks permanent fund loss
  • NFC-only connectivity — incompatible with desktop OS (Windows, macOS, Linux)

Pre-Purchase Checklist

Important points to verify regardless of your choice

All wallets ship from official manufacturer stores with full warranty.

Cypherock X1 vs Tangem Ring: Frequently Asked Questions

Answers about Cypherock X1 vs Tangem Ring

Is Cypherock X1 better than Tangem Ring?
On the numbers, Tangem Ring comes out ahead — 75/100 vs 70/100 — but 'better' isn't quite the right frame. Cypherock X1 is more affordable at $99, which matters more for some buyers than overall score does. If overall rating is what you actually weigh first, take Tangem Ring. If budget is the constraint that shapes your decision, Cypherock X1 is the smarter buy. Either way, both are real hardware wallets — neither is a mistake.
How much do Cypherock X1 and Tangem Ring cost?
Cypherock X1 costs $99, Tangem Ring costs $160. These are list prices for the standard edition from official manufacturer stores. A few things worth knowing: hardware wallet prices barely move during the year, so 'waiting for a sale' rarely pays off — Black Friday is the one exception, with 10–20% off being typical. Avoid third-party listings even if they're cheaper; the supply chain risk on a tampered device wipes out any savings the first time you load funds. And don't buy a 'used' hardware wallet, ever — even if it claims to be reset.
Does Tangem Ring work without a seed phrase — and is that safe?
Yes — and we'd argue it's a meaningful security upgrade for most users, not a downgrade. Tangem Ring replaces the 12/24-word seed phrase with two or three linked NFC cards. Each card holds an encrypted copy of the private key inside its secure element; the key never leaves the chip in plaintext, ever. The trade-off: stolen or photographed seed phrases are the single most common cause of crypto theft we see, and Tangem Ring sidesteps that whole class of attack. The catch: you must keep at least one spare card in a separate physical location, or you lose the backup advantage entirely.
What happens if I lose all my Cypherock X1 cards?
Funds are unrecoverable. There's no seed phrase to fall back on, no recovery service, no manufacturer override — that's the explicit design trade-off. The mitigation is the multi-card set: every card you receive is a complete, independent backup of the same wallet. Realistic plan: keep one card on you, one at home in a safe, and one with a trusted person or in a bank deposit box. Lose any two and you're still fine. Lose all of them and the coins are gone forever.
Is Cypherock X1 waterproof?
No — Cypherock X1 has no official water or dust resistance rating, so treat it like any other small electronic. A spilled drink or a rainstorm in your jacket pocket is enough to brick it. Tangem Ring, by contrast, carries an IP69K rating, which means it's tested against dust and pressurized water — that's the device you'd actually take camping or to a beach. For most people, water resistance isn't a deciding factor, but it matters if you travel light or carry your wallet daily.
Which wallet is better for DeFi and Web3: Cypherock X1 or Tangem Ring?
Cypherock X1 — and the gap is bigger than the spec sheets make it look. Cypherock X1 has WalletConnect built in, which means you sign DeFi transactions directly from a hardware wallet without exposing keys to a hot wallet. Tangem Ring can technically work with DeFi via third-party software, but every extra step is one more place an attacker can intercept the transaction you're approving. If you're going to be clicking 'Sign' on smart contracts more than once a month, the difference compounds fast.
Cypherock X1 vs Tangem Ring: which has better backup options?
Cypherock X1 uses multiple linked NFC cards as encrypted backups (no seed phrase). Tangem Ring uses multiple linked NFC cards as encrypted backups (no seed phrase). Both work — but they reflect different ideas about what 'backup' should be. The seed phrase approach (BIP-39) is the open industry standard: portable across most wallets, well-documented, and recoverable on any compatible device. The downside is well-known too — it's a piece of paper that's a single photograph or careless moment away from disaster. Card-based backups can't be photographed and don't write themselves down, but they're proprietary, which means you trust one manufacturer to stay in business and keep the format alive. Pick based on which failure mode worries you more.
Is Tangem Ring safe to use without a screen?
It can be — depending on your threat model. Tangem Ring shows transaction details on your phone or computer, which is the same screen that could be compromised by malware. The classic attack: malware swaps the destination address right before you sign, and you'd never know. Cypherock X1 lets you verify the actual address and amount on the hardware wallet itself, a screen the host computer can't touch. For day-to-day transactions under a few thousand dollars, the convenience of Tangem Ring is fine. For larger transfers, the on-device screen on Cypherock X1 is the kind of thing you only miss once.

Made your decision?

Check out full reviews or find the best price from official vendors.

Not convinced? Consider these alternatives

SafePal S1

SafePal S1

67/100
$49.99
Security
82/100
Secure Element200+ networks
Trezor Safe 7

Trezor Safe 7

90/100
$249
Security
100/100
Secure ElementOpen Source50+ networks
Tangem Wallet (3 Cards)

Tangem Wallet (3 Cards)

79/100
$69.9
Security
97/100
Secure ElementOpen Source85+ networks

Affiliate link — we may earn a commission at no extra cost to you. Learn more about our affiliate policy