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CoolWallet Pro vs Cypherock X1

Cypherock X1 stands out with seedless design, NFC connectivity, open-source code. CoolWallet Pro is a solid alternative — Cypherock X1 costs $50 less.

2 wallets
Open-source vs Closed
USB vs NFC
$50 price gap
Quick VerdictUpdated 2026
CoolWallet Pro
CoolWallet Pro
CoolWallet
Cypherock X1
Cypherock X1
Best overall
Open-formula rating40+ criteria analyzedLast updated October 2026No sponsored rankingsSee methodology

Key Takeaways

  • Cypherock X1 wins in security (70/100)
  • Usability scores are close (within 0 points)
  • Cypherock X1 is more affordable ($99)
  • Both support 20+ cryptocurrencies
  • Best for beginners: CoolWallet Pro (easier setup)

CoolWallet Pro vs Cypherock X1: Key Differences

Both CoolWallet Pro and Cypherock X1 can keep your crypto safe — the real question is which one fits the way you actually use it. We've put both through our open-formula scoring on 40+ criteria: CoolWallet Pro (CoolWallet) lands at 47/100, Cypherock X1 (Cypherock) at 61/100. The $50 gap between $149 and $99 isn't arbitrary — these are two different bets on what matters in a hardware wallet, and the right pick depends on which bet you'd take.

Winner by Category

Which wallet leads in each area

Security
CoolWallet Pro55/100
Cypherock X1Winner70/100
Ease of Use
Tie
CoolWallet Pro59/100
Cypherock X159/100
Price
CoolWallet Pro$149
Cypherock X1Winner$99
Coin Support
CoolWallet ProWinner35+
Cypherock X120+
Privacy
CoolWallet Pro10/100
Cypherock X1Winner23/100
Beginner Friendly
Tie
CoolWallet Pro59/100
Cypherock X159/100
Comparing:
CoolWallet Pro
Cypherock X1

Comparison Table

Key specifications for your decision

CoolWallet Pro vs Cypherock X1 — Common
Criteria
CoolWallet Pro
CoolWallet Pro
CoolWallet
$149
Cypherock X1
Cypherock X1
Cypherock
$99
Overall Rating
4761
Security
5570
Usability
5959
Price
$149$99

A secure element is a tamper-resistant chip built to store secrets and resist physical attacks such as side-channel analysis and fault injection.

Learn more — Secure Element
YesYes

Open Source Firmware refers to firmware in hardware devices, like wallets, where the source code is publicly available, allowing transparency, auditability, and customization.

Learn more — Open Source
Firmware, in partFirmware, in part

Bluetooth Connectivity enables wireless communication between devices, like hardware wallets and smartphones, using Bluetooth or Bluetooth Low Energy (BLE) for secure data transfer.

Learn more — Bluetooth
YesNo
USB
NoYes
Networks
35+20+

A passphrase is an additional security layer for cryptocurrency wallets, acting as a 25th word in the BIP39 seed phrase, protecting access to hidden wallets.

Learn more — Passphrase
—Yes

A touchscreen display is a screen that allows users to interact with a device by touching the surface, commonly used in hardware wallets for easy navigation and transaction confirmation.

Learn more — Display
E-Paper (Monochrome)0.96-Inch 128 X 64 Px OLED

Recovery is the process of restoring access to a cryptocurrency wallet using its seed phrase or mnemonic backup if the original wallet is lost or inaccessible.

Learn more — Backup Method
24-word seedMulti-card
Setup Time
~10 min~20 min

IP Rating refers to the level of protection a device has against dust and water, often used for hardware wallets to indicate their durability in various environments.

Learn more — Water Resist
YesNone

Our Verdict: CoolWallet Pro or Cypherock X1?

Choose CoolWallet Pro if...

  • You are comfortable managing a seed phrase
  • You need iPhone (iOS) compatibility

Skip CoolWallet Pro if...

  • ×You manage crypto from a desktop (no Windows, macOS, or Linux app)
  • ×Open-source firmware is non-negotiable for you
  • ×Budget is tight — you'd be better served by a cheaper option in this comparison

Choose Cypherock X1 if...

  • You want verifiable, open-source firmware and software
  • You want advanced backup with Shamir Secret Sharing
  • You prefer seedless backup via multiple linked cards
  • You need full desktop support (Windows, macOS, Linux)

Skip Cypherock X1 if...

  • ×You manage crypto from an iPhone (no iOS app here)

Our pick for most users

Based on the overall rating, Cypherock X1 scores 61/100 and offers the best balance of security, usability, and value in this comparison.

Bottom line: Usability is close enough to call a wash. Cypherock X1 pulls ahead on security — which is where it matters most. If budget is real, Cypherock X1 comes in $50 cheaper without giving up the basics.

Price: CoolWallet Pro vs Cypherock X1

CoolWallet Pro costs $149, while Cypherock X1 is priced at $99 — a $50 difference. The extra cost of CoolWallet Pro gets you a -14-point higher overall rating. For budget buyers, Cypherock X1 offers solid security at a lower price point.

Who Should Pick Which Wallet

Recommendations based on real-world use cases

CoolWallet Pro

$149
Best for:
Built-in batteryWalletConnect supportAndroid supportiOS support
Pros
  • +E-paper screen and button: transactions are confirmed on the card, not only in the app
  • +Credit-card format, 6 g, with a battery charged through contact pads
  • +Secure element CoolWallet describes as CC EAL6+
  • +Standard BIP39 seed (12, 18 or 24 words), which can be generated on the card
Cons
  • −Bluetooth only: no USB data, NFC or QR, and no desktop app
  • −No published chip model or Common Criteria certificate; the EAL6+ claim is the vendor's
  • −Secure-element source is non-commercial and cannot be built or flashed by users; Bluetooth-chip firmware and app are closed
  • −Firmware updates are authorised by a CoolBitX server, with no user-verifiable hashes

Cypherock X1

$99
Best for:
Lower priceWalletConnect support5000+ coinsNFC support
Pros
  • +No single seed phrase by default: a 2-of-5 Shamir split across the Vault and four NFC cards
  • +Any two of the five parts restore the wallet, so one lost card or a lost Vault does not lose funds
  • +Public Vault firmware; WalletScrutiny reproduced builds up to v0.6.1539 (January 2025)
  • +Keylabs audited Vault hardware, firmware and bootloader in 2022 and verified the fixes
Cons
  • −The full key is rebuilt in the Vault MCU's RAM for each signature; Keylabs: the seed is exposed on it
  • −Desktop only: the mobile app cannot connect to the device, and every transaction needs USB to cySync
  • −cySync sends Mixpanel analytics by default (opt-out toggle); no Tor, no custom node
  • −Bootloader and X1 Card applet are closed; the firmware licence is MIT with a Commons Clause

Pre-Purchase Checklist

Important points to verify regardless of your choice

All wallets ship from official manufacturer stores with full warranty.

CoolWallet Pro vs Cypherock X1: Frequently Asked Questions

Answers about CoolWallet Pro vs Cypherock X1

Is CoolWallet Pro better than Cypherock X1?
On the numbers, Cypherock X1 comes out ahead — 61/100 vs 47/100 — but 'better' isn't quite the right frame. CoolWallet Pro offers a different feature set, which matters more for some buyers than overall score does. If overall rating is what you actually weigh first, take Cypherock X1. If specific features is the constraint that shapes your decision, CoolWallet Pro is the smarter buy. Either way, both are real hardware wallets — neither is a mistake.
How much do CoolWallet Pro and Cypherock X1 cost?
CoolWallet Pro costs $149, Cypherock X1 costs $99. These are list prices for the standard edition from official manufacturer stores. A few things worth knowing: hardware wallet prices barely move during the year, so 'waiting for a sale' rarely pays off — Black Friday is the one exception, with 10–20% off being typical. Avoid third-party listings even if they're cheaper; the supply chain risk on a tampered device wipes out any savings the first time you load funds. And don't buy a 'used' hardware wallet, ever — even if it claims to be reset.
Can Cypherock X1 be used on iPhone (iOS)?
No — Cypherock X1 has no iOS app today, and there's no public roadmap for one. It works fine with Android, Windows, macOS, and Linux, but iPhone users are out of luck. If your primary device is an iPhone and you don't want a separate computer just to manage crypto, CoolWallet Pro is the practical pick: it has a native iOS app and the full feature set works over Lightning or Bluetooth.
What happens if I lose all my Cypherock X1 cards?
Funds are unrecoverable. There's no seed phrase to fall back on, no recovery service, no manufacturer override — that's the explicit design trade-off. The mitigation is the multi-card set: every card you receive is a complete, independent backup of the same wallet. Realistic plan: keep one card on you, one at home in a safe, and one with a trusted person or in a bank deposit box. Lose any two and you're still fine. Lose all of them and the coins are gone forever.
Which wallet is better for DeFi and Web3: CoolWallet Pro or Cypherock X1?
CoolWallet Pro — and the gap is bigger than the spec sheets make it look. CoolWallet Pro has WalletConnect built in, which means you sign DeFi transactions directly from a hardware wallet without exposing keys to a hot wallet. Cypherock X1 can technically work with DeFi via third-party software, but every extra step is one more place an attacker can intercept the transaction you're approving. If you're going to be clicking 'Sign' on smart contracts more than once a month, the difference compounds fast.
CoolWallet Pro vs Cypherock X1: which has better backup options?
CoolWallet Pro uses a standard 24-word seed phrase. Cypherock X1 uses multiple linked NFC cards as encrypted backups (no seed phrase). Both work — but they reflect different ideas about what 'backup' should be. The seed phrase approach (BIP-39) is the open industry standard: portable across most wallets, well-documented, and recoverable on any compatible device. The downside is well-known too — it's a piece of paper that's a single photograph or careless moment away from disaster. Card-based backups can't be photographed and don't write themselves down, but they're proprietary, which means you trust one manufacturer to stay in business and keep the format alive. Pick based on which failure mode worries you more.
Is Cypherock X1 more secure than CoolWallet Pro because it's open-source?
Not automatically — and this is a more nuanced question than the marketing suggests. Open-source (Cypherock X1) lets anyone (researchers, hobbyists, paranoid users) read the firmware and verify there are no backdoors. That's the strongest possible trust signal. CoolWallet Pro keeps source code private but compensates with paid third-party audits from and certifications like CC EAL5+/EAL6+ on the secure element. Open-source is the more transparent posture; audited closed-source can still be cryptographically airtight. Our honest take: if open-source is the deciding factor for you philosophically, pick Cypherock X1 — but don't dismiss CoolWallet Pro as 'less secure' purely on that basis.
Can CoolWallet Pro be used with a desktop computer?
No — CoolWallet Pro is mobile-only with no Windows, macOS, or Linux app available. If you do most of your crypto work on a laptop or desktop (DeFi power users, traders, anyone running a full node), this is a real limitation, not a minor inconvenience. Cypherock X1 supports all three desktop operating systems with a polished companion app, and that's the practical pick if desktop is your main interface.

Made your decision?

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