Ryder One Wallet Review: Simplest Hardware Wallet for your Crypto

The Ryder is a next-generation hardware wallet designed for simplicity, security, and user-friendliness. It eliminates complex setups and traditional seed phrases by introducing TapSafe Recovery—a novel NFC-based recovery system using physical tags and social backup. With a fully offline design, no ports, and a rugged build, it redefines self-custody for everyday crypto users. This Ryder One Wallet Review examines Ryder’s distinctive approach to addressing common pain points in hardware wallet usage, compares it to industry leaders such as Ledger, and assesses whether it delivers on its promise of being the simplest crypto hardware wallet.

What is Ryder?

Ryder One Wallet Review

Ryder is a crypto hardware wallet brand that aims to simplify the self-custody experience for everyday users. Its flagship product, the Ryder One, is designed to be the simplest hardware wallet for managing and securing cryptocurrencies. Unlike traditional wallets that rely heavily on 24-word seed phrases and USB or Bluetooth connectivity, Ryder introduces:

  • TapSafe Recovery – an NFC-based backup and recovery method using a physical Recovery Tag and/or trusted contacts.
  • Portless Design – no USB, Bluetooth, or WiFi, reducing the attack surface and making the device fully offline.
  • Fast Setup – pairing and wallet creation takes under a minute via smartphone tap.
  • Secure Element Chip – for isolating private keys and ensuring robust security.
  • Support for 1,000+ cryptocurrencies – along with BIP39 compatibility for optional seed phrase use.

Ryder’s mission is to make crypto custody easy and safe for everyone — from new users to experienced holders — by removing technical friction and offering secure, intuitive design.

Ryder One Wallet Review: Features

1. TapSafe Recovery

  • Replaces the need for a 24-word seed phrase.
  • Uses NFC Recovery Tag (battery-free) and/or trusted contacts for backup.
  • Optionally, you can still use and reveal a traditional seed phrase.

2. Fully Offline Design

  • No USB ports, no Bluetooth, no Wi-Fi — eliminates digital entry points.
  • Communicates only via NFC tap with a paired smartphone.

3. Secure Element Chip

  • Uses Infineon SLC38 chip with EAL6+ certification for key storage.
  • Keeps your private keys isolated in tamper-proof hardware.

4. Quick & Simple Setup

  • Setup time: under 60 seconds.
  • Just tap it to your phone and backup using the Recovery Tag.

5. Multi-Currency Support

  • Supports 1,000+ coins and tokens.
  • BIP39 compatibility allows for wallet import/export using seed phrases.

6. Durable, Rugged Design

  • IP68-rated for water and dust resistance.
  • Made of aluminium, tempered glass, and polycarbonate.
  • Sleek, modern finish with no physical buttons.

Also, you may read NGRAVE ZERO Review – Best Hardware Wallet to Secure Your Bitcoin

Ryder One Wallet Review: Pricing

Ryder One is currently priced at $199 USD and ships globally.

What You Get in the Box:

  • 1 x Ryder One Wallet
  • 1 x NFC Recovery Tag
  • 1 x Wireless Charging Pad
  • 1 x Travel Pouch

Price Considerations:

  • Price includes the unique recovery mechanism.
  • Premium pricing compared to entry-level wallets (e.g. Ledger Nano S) but offers unique security benefits.
  • Users in countries like India should consider import duties and customs.

Ryder One Wallet Review: Security Overview

Ryder is built with security-first principles, combining strong encryption and a highly secure hardware chip:

Hardware Security

  • The Infineon SLC38 Secure Element provides bank-grade protection.
  • All cryptographic operations happen inside this chip.
  • Even if you lose your phone, the private key is never exposed.

Offline By Default

  • No ports = no physical intrusion.
  • No Bluetooth/WiFi = no remote intrusion.
  • NFC is one-way and tap-based, making it highly secure.

Recovery Security

  • NFC-based Recovery Tags are unpowered and durable.
  • Recovery also possible through trusted contact approval, offering redundancy.
  • Traditional 24-word seed phrases can be used as an additional layer of backup.

Future-Proofing

  • Ryder plans to open-source its software in 2025, increasing community trust.

How to Set Up Ryder One Wallet

Setting up Ryder One is incredibly straightforward—even if you’re not tech-savvy.

Step-by-Step Guide:

  1. Unbox the Ryder One, Recovery Tag, and charger.
  2. Use the wireless charger to power on the device.
  3. On your smartphone, open the Ryder App (available on iOS & Android).
  4. Tap the wallet to your phone (via NFC) to pair.
  5. Create a new wallet on the app.
  6. When prompted, tap the wallet to the Recovery Tag to complete TapSafe Backup.
  7. Optionally, generate and store a traditional 24-word seed phrase for extra backup.

That’s it—you’re now ready to store, send, and receive crypto securely.

Ryder Customer Support and Community

Ryder maintains a strong presence across multiple community and support channels, making it easy for users to get help and stay updated. Official customer support is accessible via live chat and email through their website.

The brand actively engages its community on platforms like Discord, where users can interact with the team, ask questions, and join discussions in real time. Their Twitter (@Ryder_ID) is regularly updated with product news, user polls, and security tips, while Instagram (@ryder.wallet) showcases the device’s sleek design and user lifestyle shots.

Ryder also uses LinkedIn for company updates and team-related posts. For in-depth product updates and announcements, their blog and news section on the website provides detailed coverage.

Together, these channels reflect Ryder’s commitment to transparency, user education, and real-time engagement—making it easy for both new and experienced users to stay informed and connected.

Ryder One Wallet Review: Verdict

Ryder One delivers on its promise of making crypto self-custody more accessible, especially for users who find traditional hardware wallets intimidating. With its portless, NFC-only design, TapSafe Recovery system, and sleek, durable hardware, it simplifies crypto security without compromising core functionality. The wallet’s support for over 1,000 cryptocurrencies, secure element chip, and social recovery options set it apart as a forward-thinking product.

However, its relatively high price and reliance on newer recovery models mean it’s best suited for users who are open to innovation and willing to thoroughly understand the backup setup. While it may not yet match the track record of industry veterans like Ledger or Trezor, Ryder One is a compelling option for those seeking simplicity, security, and modern UX in a hardware wallet.

Frequently Asked Questions

What does the 1-year limited warranty cover?

The 1-year limited warranty covers any manufacturing defects or issues. For specific details about what’s included or excluded in the warranty, it’s best to contact customer support.

What happens if I lose my Recovery Tag?

If you’ve set up trusted contacts or additional tags, you can still recover access. If not, and you haven’t stored a seed phrase either, your wallet may become unrecoverable.

Is Ryder One safe for long-term storage of large crypto holdings?

Yes, it’s built with a secure element chip and is completely offline. However, for very large amounts, it’s wise to use multiple layers of security and ensure backups are reliable.

Do I need to use a 24-word seed phrase with Ryder One?

No. Ryder One offers TapSafe Recovery using a Recovery Tag and social contacts. However, you can still choose to generate and store a traditional seed phrase if preferred.