Ledger vs Tangem

How Ledger vs Tangem compare on our ratings, hardware wallet specs, funding, pros and cons.

Ledger4.0/5
VS
Tangem4.3/5
Feature
Ratings
Our score4.0/54.3/5
User ratingNo reviews yetNo reviews yet
Security4.04.5
Build & design4.04.5
Ease of use4.04.5
Coin support4.54.5
Value for money3.53.5
Specs
KYC required NoNot disclosed
Price from$59Not disclosed
ConnectivityNot disclosedNFC
Secure element Yes Yes
FirmwarePartially open sourcePartially open source
DisplayNot disclosedNo screen
Air-gapped signingNot disclosed No
Bitcoin-only No No
Supported assets15,00014,100
Battery Yes No
BIP39 passphraseNot disclosed Yes
Companion appLedger WalletTangem app
TouchscreenNot disclosed No
Backup optionsSecret Recovery PhraseTwo-card backup, Three-card backup, Optional recovery phrase
NFCNot disclosed Yes
Company
Founded20142017
HeadquartersFranceSwitzerland
InvestorsAnimoca Brands, Digital Currency Group, Fabric VenturesShima Capital, SBI Digital Asset Holdings
Strengths and weaknesses
Pros
  • Secure Element chips protect keys on the device
  • Supports 100+ chains and 15,000+ assets
  • Ledger Wallet combines self-custody with buying and staking
  • Touchscreen and compact Nano models are available
  • EAL6+ secure element from Samsung Semiconductors
  • Battery-free card design removes charging and cable failure points
  • Three-card sets provide two physical backups
  • Supports 14,100+ assets across 90+ blockchains
Cons
  • Ledger OS is only partially open source
  • Ledger Connect Kit exploit drained about $600,000 in December 2023
  • Third-party providers support some app transactions and on-chain services
  • Closed, factory-installed firmware cannot be updated
  • No screen for independently checking transaction details
  • Losing every linked card can remove wallet access
  • App services add provider and smart-contract exposure
Best forLong-term self-custody, Multi-chain asset holders, Users wanting app-based stakingLong-term self-custody, Seedless wallet backups, NFC phone users

Highlighted cells show the stronger value in each row. Data comes from each provider's site and public sources; check details before you sign up.

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