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Token2 security keys review: cheap FIDO2 keys from Geneva

Token2 makes low-priced FIDO2 security keys in Geneva, including PIN+ models with PIN complexity rules. Our review covers range, prices, limits and fit.

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Token2 is the choice if you want a real FIDO2 security key for the price of a few coffees. The Geneva-based company has been selling authentication hardware since 2013, and its PIN+ series offers passkey storage, NFC and PIN complexity rules at prices that sit far below YubiKey and Nitrokey. This is an editorial review based on Token2’s product documentation, published prices and third-party references, not a laboratory test.

Company and range

Token2 calls itself a Swiss cybersecurity company, headquartered in Geneva. Its portfolio covers FIDO2 security keys, programmable TOTP hardware tokens, PIV devices and NFC readers. Besides hardware it publishes open-source tools, among them a Linux FIDO bridge and the Libre Key Companion app for managing keys.

For consumers, the relevant part is the FIDO2 range. At the time of writing (October 2026), the Token2 shop shows these PIN+ models, with prices in euros that differ depending on whether VAT is included:

Model Form NFC Price (approx.)
PIN+ FIDO2 NFC Card Card format Yes about 18 EUR
PIN+ Mini-A / Mini-C Compact USB-A or USB-C No about 24 EUR
PIN+ USB-A / TypeC Standard USB-A or USB-C No about 22 to 27 EUR
PIN+ Dual USB-A and USB-C on one key No about 26 to 31 EUR
PIN+ Dual Ace Metal frame, dual port Yes about 33 EUR
PIN+Bio3 Fingerprint reader No about 37 to 44 EUR

Prices come from the shop listings we saw and will change, so confirm them at checkout. Some models in the series also list PIV, and some list OpenPGP, but not all do, which is why the exact model matters.

What makes the PIN+ series different

The headline feature is PIN complexity at firmware level. With many security keys the PIN is a weak point only if someone steals the key and guesses it. A policy that rejects simple PINs reduces that risk, and it helps organisations that want to enforce a minimum standard without relying on user discipline. Token2 also states that Release 2 of the PIN+ series stores up to 300 passkeys, a larger number than Nitrokey’s documented capacity. Release numbers differ between products, so check the capacity for your exact model.

Token2 says that some of its keys carry FIDO level 2 certification, and its catalogue marks which models do. We did not verify certificates ourselves, so check the FIDO Alliance certified products list if a certificate is a requirement for you. The Swiss government’s AGOV security key page lists the Token2 T2F2-NFC-Slim as a tested key, which is a useful independent data point, not a full audit.

Daily use

Registering a Token2 key works like any other FIDO2 key: open the security settings of your account, add a security key, insert it or tap it on the phone if it has NFC, set a PIN and touch the contact. Because the browser checks the website address, the key resists phishing. Our guides to hardware security keys and phishing-resistant MFA explain the principle, and the page on FIDO2 and WebAuthn covers the standards beneath it.

Token2 is a smaller company than Yubico, so the surrounding ecosystem of third-party guides, software integrations and enterprise tooling is thinner. Management tools exist, but they are less widely known. For plain FIDO2 login none of this matters.

Limits

  • Openness. Token2 contributes open-source tools, but we found no sign that the key firmware is open. If verifiable firmware is your priority, the Nitrokey 3 is the better fit.
  • Range confusion. There are many releases and models. Read the feature list before you order, and do not assume that a PIN+ key has NFC, PIV or OpenPGP.
  • Brand recognition. Some corporate IT departments accept only named brands. Check your employer’s policy first.
  • Support depth. Documentation is solid for FIDO2 but thinner for advanced smart-card uses than at Yubico or Nitrokey.

Who should buy it

Token2 makes sense as a cheap second or third key that you keep in a drawer as a backup, for small teams that need many keys, and for people who want a Swiss supplier. Pick a model with the connectors your devices need: USB-C for modern laptops and phones, NFC if you want to tap it on a phone, and the card format for a wallet. If you want one key that does everything, including OpenPGP and a long software track record, compare it with the YubiKey 5 and the others in our overview of the best hardware security keys.

How we assessed it

This is an editorial review. We worked from Token2’s shop listings and documentation, its description of the PIN+ series, a Swiss government page that lists a tested model and our own comparison with the other keys in this guide. We did not run lab tests, benchmark speed or verify certificates, and we do not give star ratings. Prices were read from shop listings in October 2026, and Token2 changes releases often, so details on the product page of your exact model take precedence over this page.

Buying tips

Decide first which connectors you need: USB-C for modern laptops and phones, USB-A for older computers, NFC for tapping on a phone. Then check three things on the product page: whether the key supports NFC, whether PIV or OpenPGP are listed for that exact release, and whether the shop price includes VAT. Order at least two keys, register both with each important account and keep one of them away from your daily bag. If the key is for a team, ask Token2 about bulk options and about which models fit your identity provider.

Verdict

Token2 is a sensible low-cost entry into hardware security keys, with a large passkey capacity on the PIN+ series and a useful PIN policy feature. It is not the most polished or the most open option, and the product range requires care when ordering. For the price, it is a reasonable way to protect your most important accounts and to have a spare key.

Frequently asked questions

Where is Token2 based?

Token2 describes itself as a Swiss cybersecurity company headquartered in Geneva, founded in 2013. It is a member of the FIDO Alliance and makes FIDO2 keys, programmable TOTP tokens and related hardware.

What does PIN+ mean?

PIN+ is the name of Token2's FIDO2 series with PIN complexity enforced in the firmware. A service or the key itself can require a longer or less guessable PIN than the basic four-digit minimum, which makes brute-force guessing harder if someone gets hold of the key.

How many passkeys can a Token2 key store?

Token2 states that Release 2 of the PIN+ series can store up to 300 passkeys (discoverable credentials). The capacity differs between releases and models, so check the product page of the exact key.

Do Token2 keys work with Swiss government logins?

The Swiss federal login AGOV lists the Token2 T2F2-NFC-Slim among the FIDO2 security keys it has tested. For other services, any FIDO2-compliant key works if the service supports FIDO2 or passkeys.

Are Token2 keys open source?

Token2 publishes some open-source tools, such as a Linux FIDO bridge and a key management app. We found no indication that the key firmware itself is open source, so if that matters to you, look at the Nitrokey 3.

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