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Ledger Nano S Plus vs Ledger Nano X vs Tangem Ring

Comparing 3 wallets: Ledger Nano S Plus (76/100, $69), Ledger Nano X (75/100, $149), and Tangem Ring (75/100, $160). Prices range from $69 to $160.

3 wallets
Screen vs Screenless
Open-source vs Closed
No IP rating vs IP69K
Quick Verdict Updated 2026
Ledger Nano S Plus
Ledger Nano S Plus
Best overall
76 /100
Good
Ledger Nano X
Ledger Nano X
Ledger
75 /100
Good
Tangem Ring
Tangem Ring
Highest security
75 /100
Good
Open-formula rating 40+ criteria analyzed Last updated May 2026 No sponsored rankings

Key Takeaways

  • Security scores are close (within 4 points)
  • Ledger Nano X wins in ease of use (74/100)
  • Ledger Nano S Plus is more affordable ($69)
  • Both support 70+ cryptocurrencies
  • Best for beginners: Tangem Ring (easier setup)

Ledger Nano S Plus vs Ledger Nano X vs Tangem Ring: Key Differences

Picking between 3 hardware wallets (Ledger Nano S Plus vs Ledger Nano X vs Tangem Ring) usually comes down to a handful of trade-offs, not a single winner. Prices run from $69 to $160; overall scores from 75 to 76/100 — and the spread tells a story. Here's where each one earns its keep, and where it falls short.

Winner by Category

Which wallet leads in each area

Security
Tie
Ledger Nano S Plus97/100
Ledger Nano X93/100
Tangem Ring97/100
Ease of Use
Ledger Nano S Plus67/100
Ledger Nano X74/100
Tangem Ring70/100
Price
Ledger Nano S Plus$69
Ledger Nano X$149
Tangem Ring$160
Coin Support
Ledger Nano S Plus70+
Ledger Nano X70+
Tangem Ring85+
Privacy
Tie
Ledger Nano S Plus50/100
Ledger Nano X42/100
Tangem Ring53/100
Beginner Friendly
Tie
Ledger Nano S Plus67/100
Ledger Nano X74/100
Tangem Ring70/100
Comparing:
Ledger Nano S Plus
Ledger Nano X
Tangem Ring

Comparison Table

Key specifications for your decision

Criteria
Ledger Nano S Plus
Ledger Nano S Plus
Ledger
$69
View Best Price
Ledger Nano X
Ledger Nano X
Ledger
$149
View Best Price
Tangem Ring
Tangem Ring
Tangem
$160
View Best Price
Overall Rating
76/10075/10075/100
Security
97/10093/10097/100
Usability
67/10074/10070/100
Price
$69$149$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.

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YesYesYes

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

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NoNoYes

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

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NoYesNo
USB
YesYesNo
Networks
70+70+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.

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YesYesYes

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.

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Monochrome OLEDOLEDNone

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.

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24-word seed24-word seedMulti-card
Setup Time
~10 min~12 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.

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NoneNoneIP69K

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Our Verdict: Ledger Nano S Plus vs Ledger Nano X vs Tangem Ring

Choose Ledger Nano S Plus if...

  • You trust third-party audits (Ledger internal + third-party (ANSSI CSPN, EAL evaluation)) over open-source review
  • You are comfortable managing a seed phrase
  • You prefer USB-only connection for maximum security
  • You want to save $80 without sacrificing core security

Skip Ledger Nano S Plus if...

  • × You manage crypto from an iPhone (no iOS app here)
  • × Open-source firmware is non-negotiable for you
  • × You want wireless NFC connection — no cables

Choose Ledger Nano X if...

  • You trust third-party audits (Ledger internal + ANSSI CSPN) over open-source review
  • You are comfortable managing a seed phrase

Skip Ledger Nano X if...

  • × Open-source firmware is non-negotiable for you
  • × Budget is tight — you'd be better served by a cheaper option in this comparison
  • × You want wireless NFC connection — no cables

Choose Tangem Ring if...

  • You prefer a compact, screenless form factor
  • You want verifiable, open-source firmware and software
  • You prefer seedless backup via multiple linked cards
  • You want wireless NFC connectivity — no cables needed

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

Both wallets score similarly (76 vs 75/100) — your choice depends on which features matter most to you.

Bottom line: Security scores are essentially tied here, so this isn't where the choice lives. Day to day, Ledger Nano X is the easier one to live with. If budget is real, Ledger Nano S Plus comes in $91 cheaper without giving up the basics.

Price: Ledger Nano S Plus vs Ledger Nano X vs Tangem Ring

Prices range from $69 (Ledger Nano S Plus) to $160 (Tangem Ring). The extra cost of Tangem Ring gets you a -1-point higher overall rating. For budget buyers, Ledger Nano S Plus offers solid security at a lower price point.

Who Should Pick Which Wallet

Recommendations based on real-world use cases

Ledger Nano S Plus

$69
AffordableGreat priceCoin controlWalletConnect support
Pros
  • +CC EAL6+ certified ST33K1M5 secure element — highest rating among sub-$100 wallets
  • +Supports 5,500+ tokens across 50+ networks without third-party apps
  • +24-word BIP39 seed with optional passphrase adds hidden wallet layer
  • +Coin control feature enables manual UTXO selection for privacy-conscious users
Cons
  • Closed-source firmware — independent security audits are not publicly possible
  • No Bluetooth or NFC; USB-only connectivity excludes iOS devices entirely
  • No Shamir Secret Sharing — single seed backup point remains a loss risk
  • 0.9-inch monochrome OLED makes verifying long contract data tedious

Ledger Nano X

$149
Built-in batteryCoin controlWalletConnect supportAndroid support
Pros
  • +CC EAL5+ certified ST33J2M0 secure element isolates private keys from host
  • +Bluetooth LE enables air-gapped-style mobile signing without USB tethering
  • +Supports 5,500+ tokens across 50+ networks — broadest coverage in its class
  • +24-word BIP39 seed with optional passphrase adds plausible-deniability layer
Cons
  • No Shamir Secret Sharing; single 24-word seed is the only backup mechanism
  • Bluetooth attack surface is a real concern absent in USB-only rivals like Coldcard
  • 2023 Recover service exposed that seed <em>can</em> be extracted via firmware update

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.

Ledger Nano S Plus vs Ledger Nano X vs Tangem Ring: Frequently Asked Questions

Answers about Ledger Nano S Plus vs Ledger Nano X vs Tangem Ring

Is Ledger Nano S Plus better than Ledger Nano X?
On the numbers, Ledger Nano S Plus comes out ahead — 76/100 vs 75/100 — but 'better' isn't quite the right frame. Ledger Nano X is easier to use (74/100 usability), which matters more for some buyers than overall score does. If overall rating is what you actually weigh first, take Ledger Nano S Plus. If ease of use is the constraint that shapes your decision, Ledger Nano X is the smarter buy. Either way, both are real hardware wallets — neither is a mistake.
How much do Ledger Nano S Plus and Ledger Nano X and Tangem Ring cost?
Ledger Nano S Plus costs $69, Ledger Nano X costs $149, 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.
Can Ledger Nano S Plus be used on iPhone (iOS)?
No — Ledger Nano S Plus has no iOS app today, and there's no public roadmap for one. It works fine with Android, Windows, macOS, and Linux, but iPhone users are out of luck. If your primary device is an iPhone and you don't want a separate computer just to manage crypto, Ledger Nano X is the practical pick: it has a native iOS app and the full feature set works over Lightning or Bluetooth.
What happens if I lose all my Tangem Ring 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 Ledger Nano S Plus waterproof?
No — Ledger Nano S Plus 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: Ledger Nano S Plus or Ledger Nano X?
Ledger Nano S Plus — and the gap is bigger than the spec sheets make it look. Ledger Nano S Plus has WalletConnect built in, which means you sign DeFi transactions directly from a hardware wallet without exposing keys to a hot wallet. Ledger Nano X 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.
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. Ledger Nano S Plus 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 Ledger Nano S Plus is the kind of thing you only miss once.

Made your decision?

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

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Tangem Wallet (3 Cards)

Tangem Wallet (3 Cards)

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