Updated November 6, 2026

Tangem vs Ledger Nano X in comparison

Tangem

Hardware wallet

Change wallet
How we score. Our editors rate each wallet out of 10 on six criteria: operation, functions, supported assets, security, beginner friendliness and support. The higher overall score wins.
Ledger Nano X hardware wallet

Ledger Nano X

Hardware wallet

Change wallet
WinnerHow we score. Our editors rate each wallet out of 10 on six criteria: operation, functions, supported assets, security, beginner friendliness and support. The higher overall score wins.
  • Tangem: EAL6+
    Secure elementThe so-called “secure element” is a chip (microprocessor) that stores your private key and is separated from the rest of the hardware. This special chip gives the hardware wallet significantly more protection against local, physical attacks. Depending on the chip, a different level of security can be offered. Some chips can be compromised with less effort, while with others this is only possible with special equipment and is extremely complex.
    Ledger Nano X: CC EAL5+
  • Tangem: No
    Open source codeA wallet that is “open source” makes its software code public (e.g. on Github). Either the entire program code or at least significant parts of it are publicly accessible. This has the advantage that many parties can review the code and security gaps or other vulnerabilities are discovered and improved more quickly.
    Ledger Nano X: No
  • Tangem: 14,100+
    Coins and tokens
    Ledger Nano X: 15,000+
Side by side

Tangem and Ledger Nano X compared

Every value we hold for both, grouped. The cup marks the side that is ahead where the data decides; ties and plain differences have no mark.

Tangem and Ledger Nano X side by side
TangemWhatLedger Nano X
Price and type
Price$99
HardwareWallet typeHardware
Best suited forBeginners
Security and trust
NoOpen source codeA wallet that is “open source” makes its software code public (e.g. on Github). Either the entire program code or at least significant parts of it are publicly accessible. This has the advantage that many parties can review the code and security gaps or other vulnerabilities are discovered and improved more quickly.No
EAL6+Secure elementThe so-called “secure element” is a chip (microprocessor) that stores your private key and is separated from the rest of the hardware. This special chip gives the hardware wallet significantly more protection against local, physical attacks. Depending on the chip, a different level of security can be offered. Some chips can be compromised with less effort, while with others this is only possible with special equipment and is extremely complex.CC EAL5+
Security key (FIDO U2F)Yes
CertificationCSPN (expired July 2026)CSPNCSPN (expired July 2026)
You (Non-Custodial)Who holds the keysThe so-called "private key" is a unique sequence of numbers and characters and the private key that gives you direct access to and control over your cryptocurrencies. The private key is used to sign transactions. In simple terms, it can be seen as a digital fingerprint that proves that you are the owner of the cryptocurrencies. If you store your cryptocurrencies on so-called "custodial wallets" (e.g. crypto exchanges), you are not the owner of your private keys.You (Non-Custodial)
Backup cards (2 or 3 per set); seed phrase Backup cards (2 or optional3…Backup cards (2 or 3 per set); seed phrase optionalBackupIf the hardware wallet or the device with the corresponding software wallet is lost or damaged, there is no need to panic. As long as you have your private key or recovery seed (also called “seed phrase”) in your possession, you can restore your wallet at any time. The recovery seed is a combination of 12-24 words and is the most common backup method for wallets. Important: Keep your recovery words and private keys secret and never share them with other people!Recovery Seed (24 Recovery words)SeedRecovery Seed (24 words)
Two-factor authenticationTwo-factor authentication (2FA) is an additional measure to improve the protection and security of user accounts: In addition to the password, a second security component must be entered when logging in, e.g. a PIN code.Yes
MultisigMultisignature wallets or multisig wallets are wallets that require at least two private keys to sign a transaction. This additional process makes it possible to greatly increase security against unwanted access, for example through personal threats. This security mechanism is particularly useful when storing particularly high assets.Yes
AnonymityThe anonymity of “non-custodial wallets” is generally relatively high. However, there are differences between providers when it comes to collecting and storing user data. There can also be differences in the ordering process for hardware wallets as to which user data is stored and for what period of timeMedium
Device
No screenScreen128 x 64 Pixels
NFCConnectionsBluetooth, USB-C
Build qualityLarge
Size72 mm × 18.6 mm × 11.7 72 mm × 18.6 mm × mm11.7…72 mm × 18.6 mm × 11.7 mm
Weight34 g
In the box1 Ledger Nano X, 1 USB-C to USB-A 1 Ledger Nano cable…X…1 Ledger Nano X, 1 USB-C to USB-A cable, 3 Recovery Sheets, 1 keychain strap, 1 Safety and regulatory leaflet
Tap the card on an NFC Tap the card on an phoneNFC…Tap the card on an NFC phoneServiceHaptic buttons, smartphone Haptic (Bluetooth)buttons…Haptic buttons, smartphone (Bluetooth)
Apps and coins
YesiPhone appYes
YesAndroid appYes
Desktop appYes
14,100+Coins and tokens15,000+
YesBuy and sellSome wallets offer an integrated trading function within the wallet to buy and sell cryptocurrencies directly. This functionality is usually made possible by a connection to the web interface of an exchange. The integrated trading function in wallets offers enormous advantages: cryptocurrencies can be bought in the same place where they are to be stored. The manual transfer of cryptocurrencies from an exchange to your own wallet is therefore no longer necessary, which can save time and money.Yes
StakingInterest can be earned through "staking" by "freezing" a certain number of cryptocurrencies for a defined period of time. The interest is generated from the consensus algorithm (e.g. "proof of stake"), which is used to validate and secure the network.Yes
NFTsSupport for managing and sending non-fungible tokens (NFTs).Yes
Backup to a second or third card instead of a Backup to a 12-word…second…Backup to a second or third card instead of a 12-word phrase; NFC card or ring, powered by your phone; Tangem Pay Visa card and Tangem Mobile app walletSpecial featuresBluetooth connectionBluetooth connection; Ledger Wallet app (formerly Ledger Live); Up to 100 apps
US availability
YesOpen to US usersYes
Company
Tangem AGCompanyLedger SAS
SwitzerlandHeadquartersFrance
2017Founded2014
FoundersEric Larchevêque, Joel Pobeda, Nicolas Eric Bacca…Larchevêque…Eric Larchevêque, Joel Pobeda, Nicolas Bacca, Thomas France
Company sizeMedium
Followers on X621.905 Followers
Show all 34 rows+16 moreShow fewer

Checked November 4, 2026

Pros and cons

What we like and what we don't

From our two reviews, side by side.

Tangem

What we like

  • Backup on a second or third card instead of a 12-word phrase
  • Chip certified EAL6+
  • No battery, no cable, nothing to charge
  • App code is open source on GitHub
  • 25-year limited hardware warranty

What we don't

  • No screen to confirm addresses on the device
  • Card firmware is closed, though externally reviewed
  • Losing every card of a set means losing the funds
  • Buying and swapping run through third-party providers

Full Tangem review

Ledger Nano X

What we like

  • Bluetooth pairing with iPhones and Android phones, plus USB-C for computers.
  • Secure element chip certified to CC EAL5+ for your private keys.
  • Room for up to 100 apps and, according to Ledger, more than 15,000 supported coins and tokens.
  • Bitcoin multisig, PSBT and miniscript through the Ledger Bitcoin app.

What we don't

  • Small screen with Clear Signing as a multi-step process, and no Transaction Check scam warning, which Ledger offers only on its touchscreen models.
  • Chip certified to CC EAL5+, while the Nano S Plus and Ledger's touchscreen models use EAL6+ chips.
  • The battery lasts up to 5 hours of use, according to Ledger.
  • Swap quotes in Ledger Wallet include a Ledger fee, and Ledger publishes no percentage.

Full Ledger Nano X review

Reader reviews

What readers say

Reviews from our readers on each review page. We publish them after a check for spam.

Tangem

No reader reviews yet.

Write the first Tangem review

Ledger Nano X

5.0out of 5 from 1 reader review

Reader reviews of Ledger Nano X

Full comparison

Tangem vs Ledger Nano X: Card or Screen, Backup, Coins and Security

Tangem and the Ledger Nano X are both hardware wallets that keep your private keys offline, but they work in very different ways. Tangem is a card or ring that you tap against your phone, with no screen, battery or cable, and it can back itself up to a second and third card instead of a recovery phrase. The Nano X has its own screen and buttons for checking each transaction and connects by Bluetooth or USB-C. In our view, Tangem is the easier pick for phone users who fear losing a written phrase, while the Ledger Nano X suits readers who want to confirm every transaction on the device itself. We rate the Ledger Nano X higher overall and the two the same for beginner friendliness.

How they work

Tangem stores keys on a chip inside a card or ring. The keys are created on the card and never leave it, and the firmware on the card cannot be changed. You sign by holding the card to an NFC phone running the Tangem app, so there is nothing to charge or plug in.

The Ledger Nano X is a compact device featuring a 128 x 64 pixel screen, two buttons, a battery lasting up to 5 hours, Bluetooth, and a USB-C port. It integrates with the Ledger Wallet app on both desktop and mobile platforms. Ledger states it can support up to 100 apps simultaneously.

Backup and recovery

This is where the major practical difference lies. Tangem offers packs containing two or three cards, and during setup, the key is copied to each card, making a spare card a backup. A seed phrase can be created but is not mandatory. If all cards are lost without having generated a phrase, recovery of funds is impossible.

The Nano X employs a 24-word recovery phrase that can restore the wallet on any compatible device. Ledger also provides Ledger Recover, an optional service that splits an encrypted backup into three parts held by Coincover, Ledger, and EscrowTech. This service costs $9.99 per month after verifying identity.

Coins and features

Ledger says the Nano X can manage 15,000+ coins and tokens, with 500+ of them directly in Ledger Wallet; others work through compatible third-party wallets. It supports multisig and staking in the app. Tangem says its wallet supports 14,100+ tokens on 90+ networks. It also offers Tangem Pay, a Visa card funded from stablecoins or a bank account. For range of functions, we rate the Ledger Nano X much higher.

Ledger adds no fee of its own when you send crypto, so you pay only the network fee. Buying and swapping in both apps run through outside partners. We rate the Ledger Nano X slightly higher for fees and costs.

Security and track record

Tangem uses a secure element certified to EAL6+, and its cards were audited by Cure53, Riscure and Kudelski Security. The Tangem app is open source, while the card firmware is closed but was reviewed by Kudelski and Riscure. Tangem says none of its 6 million cards sold since 2017 has been hacked.

The Nano X is built with an ST33J2M0 secure element certified to CC EAL5+. The Ledger Wallet is open source under the MIT license, whereas Ledger OS remains proprietary. Ledger’s history includes a breach of its marketing database in 2020, after which about 272,000 customer records, including names and addresses, were published. Malicious versions of its Connect Kit library emerged in 2023, leading to some losses for users of third-party apps, although devices were unaffected. We rate the Ledger Nano X slightly higher for security and trust.

Ease of use and support

Both are simple to set up. We rate them the same for beginner friendliness and the Ledger Nano X slightly higher for operation.

Tangem offers support through its app. Ledger offers a chat on its support site that starts with LedgerBot and hands over to a human agent on request, with no phone line. We rate the Ledger Nano X slightly higher for support.

Our verdict by criterion

In our view, the Ledger Nano X is the stronger hardware wallet for most readers, thanks to its own screen, wider coin support and a standard recovery phrase, and we rate it higher overall. Tangem, in our view, is the better fit for people who want a phone-only wallet without a written phrase.

  • Operation: Ledger Nano X, which we rate slightly higher
  • Range of functions: Ledger Nano X, which we rate much higher
  • Fees and costs: Ledger Nano X, which we rate slightly higher
  • Security and trust: Ledger Nano X, which we rate slightly higher
  • Beginner friendliness: rated the same
  • Support: Ledger Nano X, which we rate slightly higher

Which one fits you

  • Prefer to verify each address and amount on the device: Ledger Nano X.
  • Wish to avoid managing a 24-word phrase: Tangem with an extra card.
  • You never want to charge or plug in a wallet: Tangem.
  • Use numerous desktop apps and third-party wallets: Ledger Nano X.

Read our Tangem review and Ledger Nano X review for details. Related pages include Trezor Model T vs Ledger Nano X, Ledger Nano X vs SafePal, SafePal vs Trust Wallet and our wallet overview.

Questions about Tangem and the Ledger Nano X

Is Tangem safer than the Ledger Nano X?

Both keep keys in a secure element and offline. We rate the Ledger Nano X slightly higher for security and trust, mainly because its screen lets you check each transaction on the device.

Does Tangem need a seed phrase?

No, Tangem is backed up with a second and third card, making a seed phrase optional. Losing all cards without a phrase results in the permanent loss of funds.

Which is better, Tangem or Ledger?

We think the Ledger Nano X is better for most readers and rate it higher overall. In our view, Tangem is the better choice for anyone who wants a phone-only wallet without a written phrase.

Alternatives

Wallets to compare with both

Open to US users first, then by our score. Scores from our data.

Read the reviews

Tangem and Ledger Nano X in full

Other pairs to compare

With Tangem or Ledger Nano X

Compare another pair

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Questions

Short answers

About Tangem and Ledger Nano X.

Which supports more assets, Tangem or Ledger Nano X?

Ledger Nano X, with 15,000 against 14,100 for Tangem.

Author

Who wrote this comparison

Ethan Parker

Senior Content Editor

At Exchange Flow, Ethan is recognized as the resident crypto expert. With 10+years of experience navigating the waters of global crypto exchanges, Ethan is a trusted voice in the ever-evolving world of digital currencies. He tests and scrutinizes exchanges so you don’t have to, offering reviews and articles that newbies and seasoned traders alike find invaluable. When he’s not coding, Ethan likes to travel and play retro games. He uses his crypto earnings to fund his trip around the globe.

Updated on November 6, 2026

Sources

Sources, how we rate and our process

Sources

  1. exchangeflow.co/wallets/review/ledger-nano-x, for Ledger Nano X wallet type, Ledger Nano X best suited for, Ledger Nano X open source code, Ledger Nano X secure element, Ledger Nano X security key (FIDO U2F), Ledger Nano X who holds the keys, Ledger Nano X backup, Ledger Nano X two-factor authentication, Ledger Nano X anonymity, Ledger Nano X screen, Ledger Nano X connections, Ledger Nano X build quality, Ledger Nano X weight, Ledger Nano X service, Ledger Nano X iPhone app, Ledger Nano X Android app, Ledger Nano X desktop app, Ledger Nano X buy and sell, Ledger Nano X staking, Ledger Nano X nFTs, Ledger Nano X open to US users, Ledger Nano X company, Ledger Nano X headquarters, Ledger Nano X founded, Ledger Nano X founders, Ledger Nano X company size, Ledger Nano X followers on X and Ledger Nano X our scores, checked October 15, 2026
  2. exchangeflow.co/wallets/review/tangem, for Tangem screen, Tangem connections, Tangem service and Tangem our scores, checked November 4, 2026
  3. itunes.apple.com, for Tangem iPhone app, checked November 4, 2026
  4. ledger.com, for Ledger Nano X multisig, checked October 3, 2026
  5. messervices.cyber.gouv.fr, for Ledger Nano X certification, checked October 3, 2026
  6. play.google.com, for Tangem Android app, checked November 4, 2026
  7. shop.ledger.com, for Ledger Nano X price and Ledger Nano X coins and tokens, checked October 3, 2026
  8. shop.ledger.com, for Ledger Nano X size and Ledger Nano X special features, checked October 7, 2026
  9. shop.ledger.com, for Ledger Nano X in the box, checked October 22, 2026
  10. tangem.com, for Tangem wallet type, Tangem open source code, Tangem secure element, Tangem who holds the keys, Tangem backup, Tangem coins and tokens, Tangem buy and sell, Tangem special features, Tangem open to US users, Tangem company, Tangem headquarters and Tangem founded, checked November 4, 2026

How we rate

We score every wallet from 1 to 10 on six criteria: operation, functions and scope, supported assets, security and trust, beginner friendliness and support. Our editors set each score; this page uses the same scores as the two reviews. How we rate

Our process

We take fees, availability, licenses and coin counts from primary sources: Tangem and Ledger Nano X's own fee schedules, terms and help pages, and the public registers kept by regulators. Every value carries the date we last checked it. The values on this page were checked between October 3, 2026 and November 4, 2026.