Magic vs Hanko: Features, Pricing and User Reviews 2026
Hanko
Open-Source Authentication with Passkeys

Hanko
Open-Source Authentication with Passkeys

What are Magic and Hanko?
Magic is a software development kit that helps developers add secure login systems to their applications. When a user wants to log in, they receive a one-time code via email or SMS instead of typing a password. This makes the login process faster and more secure.
The tool also creates digital wallets for users automatically. These wallets are safe because Magic uses advanced security called Delegated Key Management System. This means users control their digital assets, but they don't need to remember complex backup phrases that other wallet systems require.
Magic works with many platforms including websites, mobile apps, and desktop applications. It supports connections to blockchain networks like Ethereum, Polygon, and many others. The system handles millions of logins and transactions every day with strong security protection.
Hanko is a complete authentication platform that handles user login and account management for web and mobile apps. Instead of building login systems from scratch, developers can add Hanko in minutes using ready-made components.
The platform supports multiple ways to log in: passkeys for password-free access, traditional passwords, email codes, and social login through Google or GitHub. It also includes two-factor authentication and enterprise single sign-on. Everything is built on open-source code, meaning you can see exactly how it works and modify it if needed.
Hanko offers both a free cloud-hosted version and a professional version with more features. You can also download and run it on your own servers for complete data control.
Features of Magic and Hanko
Passwordless login with email or SMS codes
Social media login integration
Instant non-custodial wallet creation
Support for 20+ blockchain networks
Customizable login and wallet interface
Multi-factor authentication support
Enterprise-grade security compliance
Fast 50-100ms transaction processing
Simple developer API and SDK
Team management and collaboration tools
Fiat payment integration
Token gating capabilities
Passkey authentication for password-free login
Traditional passwords and email passcode support
Social login with Google, GitHub, Apple, Microsoft
Two-factor authentication and security keys
Enterprise SAML single sign-on
Pre-built web components for quick integration
Custom API for mobile and advanced use cases
User management dashboard with analytics
Webhooks and admin API access
Open source with self-hosting option
Use Cases of Magic and Hanko
Pricing of Magic and Hanko
Magic offers flexible pricing to match different business needs and sizes.
The Developer Plan is completely free and includes up to 1,000 monthly active wallets. You get email, SMS, and social login options, wallet interface tools, token gating features, and fiat payment integration. Extra wallets cost $0.045 each per month. This plan includes email and community support.
The Startup Plan costs $99 monthly ($89 if paid yearly) and supports up to 2,500 monthly active wallets with all Developer features. You also get multi-factor authentication, session management, login data export, prioritized support, and team seats for up to 5 members. Additional wallets cost $0.04 each.
The Growth Plan is $350 per month ($315 yearly) for 10,000 monthly active wallets. It includes everything from Startup plus custom email providers, custom email templates, white-labeled wallet interface, a 30-minute onboarding call, dedicated Slack support channel, and 10 team seats.
For Enterprise customers with specific needs, Magic offers custom pricing with transaction-based options as low as $0.001 per transaction.
Hanko offers three pricing tiers to match different team sizes and requirements.
The Starter plan is completely free and includes 10,000 monthly active users, 2 projects, and all core authentication features including passkeys, passwords, social login, and multi-factor authentication. You also get community support through Discord.
The Pro plan costs $29 per month and includes everything in Starter plus $0.01 per additional user above 10,000. You get 5 projects with the option to add more for $5 each, personal support through Slack or Discord, SAML SSO connections at $49 per month each, webhooks, admin API access, and custom email server configuration.
For larger organizations, the Enterprise plan offers custom pricing with volume discounts, unlimited projects, transaction authorization for passkeys, up to 99.99% uptime guarantee, priority support available 24/7, extended audit log retention, HIPAA compliance options, and commercial licensing for self-hosted deployments.
FAQs: Magic vs Hanko
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