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Ledger Nano S Plus vs Tangem Ring

Ledger Nano S Plus offers full desktop support. Tangem Ring features seedless design, IP69K water resistance, NFC connectivity — and costs $91 less.

2 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
$69 Buy Now
Tangem Ring
Tangem Ring
Highest security
75 /100
Good
$160 Buy Now
Open-formula rating 40+ criteria analyzed Last updated March 2026 No sponsored rankings See methodology

Key Takeaways

  • Security scores are close (within 0 points)
  • Usability scores are close (within 3 points)
  • Ledger Nano S Plus is more affordable ($69)
  • Both support 74+ cryptocurrencies
  • Best for beginners: Tangem Ring (easier setup)

Ledger Nano S Plus vs Tangem Ring: Key Differences

In this head-to-head comparison, we analyze Ledger Nano S Plus and Tangem Ring across 40+ criteria including security architecture, cryptocurrency support, backup methods, and real-world usability. Ledger Nano S Plus is a Ledger device rated 76/100, while Tangem Ring from Tangem scores 75/100. At $69 vs $160, the $91 price gap reflects different approaches to hardware wallet design.

Winner by Category

Which wallet leads in each area

Security
Tie
Ledger Nano S Plus97/100
Tangem Ring97/100
Ease of Use
Tie
Ledger Nano S Plus67/100
Tangem Ring70/100
Price
Ledger Nano S Plus$69
Tangem Ring$160
Coin Support
Ledger Nano S Plus74+
Tangem Ring86+
Privacy
Tie
Ledger Nano S Plus50/100
Tangem Ring53/100
Beginner Friendly
Tie
Ledger Nano S Plus67/100
Tangem Ring70/100
Comparing:
Ledger Nano S Plus
Tangem Ring

Comparison Table

Key specifications for your decision

Criteria
Ledger Nano S Plus
Ledger Nano S Plus
Ledger
$69
Buy Now
Tangem Ring
Tangem Ring
Tangem
$160
Buy Now
Overall Rating
76/10075/100
Security
97/10097/100
Usability
67/10070/100
Price
$69$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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YesYes

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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NoYes

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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NoNo
USB
YesNo
Networks
74+86+

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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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.

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Monochrome 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.

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24-word seedMulti-card
Setup Time
~10 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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NoneIP69K

Our Verdict: Ledger Nano S Plus or Tangem Ring?

Choose Ledger Nano S Plus if...

  • You want on-device transaction verification via a built-in screen
  • 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 need full desktop support (Windows, macOS, Linux)

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 need iPhone (iOS) compatibility

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: both wallets leads in security, while both wallets wins on usability. If budget matters, Ledger Nano S Plus saves you money without compromising on core safety features.

Price: Ledger Nano S Plus vs Tangem Ring

Ledger Nano S Plus costs $69, while Tangem Ring is priced at $160 — a $91 difference. 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
Best for:
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

Tangem Ring

$160
Best for:
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 Tangem Ring: Frequently Asked Questions

Answers about Ledger Nano S Plus vs Tangem Ring

Is Ledger Nano S Plus better than Tangem Ring?
Ledger Nano S Plus scores higher overall with 76/100 vs 75/100. However, Tangem Ring is easier to use (70/100 usability). The best choice depends on whether you prioritize overall rating or ease of use.
How much do Ledger Nano S Plus and Tangem Ring cost?
Ledger Nano S Plus costs $69, Tangem Ring costs $160. All prices are for the standard edition purchased from official manufacturer stores. We recommend buying directly from manufacturers to ensure device authenticity and full warranty coverage.
Does Tangem Ring work without a seed phrase — and is that safe?
Yes. Tangem Ring replaces the traditional seed phrase with linked NFC cards that serve as encrypted backups of each other. Your private key never leaves the secure element. This eliminates the most common attack vector — stolen or photographed seed phrases — while maintaining strong cryptographic security.
Can Ledger Nano S Plus be used on iPhone (iOS)?
No. Ledger Nano S Plus does not currently support iOS. It works with Android, Windows, macOS, and Linux. If you need iPhone compatibility, consider Tangem Ring, which has a native iOS app.
What happens if I lose all my Tangem Ring cards?
If you lose all linked cards, your funds are unrecoverable — there is no seed phrase to fall back on. This is why Tangem Ring ships as a multi-card set: each card is a full backup. Keep at least one card in a separate secure location at all times.
Is Ledger Nano S Plus waterproof?
Ledger Nano S Plus has no official water or dust resistance rating. Treat it as a standard electronic device. Tangem Ring, on the other hand, is rated IP69K, meaning it can withstand high-pressure water jets and dust ingress.
Which wallet is better for DeFi and Web3: Ledger Nano S Plus or Tangem Ring?
Ledger Nano S Plus has stronger DeFi support with WalletConnect integration for connecting to decentralized apps. Tangem Ring focuses more on straightforward send/receive transactions. For active DeFi usage, Ledger Nano S Plus is the better choice.
Ledger Nano S Plus vs Tangem Ring: which has better backup options?
Ledger Nano S Plus uses a standard 24-word seed phrase. Tangem Ring uses multiple linked NFC cards as encrypted backups (no seed phrase). Both approaches are secure, but they suit different users. Seed-based backup is industry-standard and interoperable. Card-based backup is simpler but proprietary.

Made your decision?

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

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