Secure ElementNFC13+ networks
CoolWallet Pro vs SafePal S1
SafePal S1 stands out with open-source code. CoolWallet Pro is a solid alternative — SafePal S1 costs $99 less.
2 wallets
Open-source vs Closed
$99 price gap
Quick VerdictUpdated 2026
CoolWallet Pro
CoolWallet
$149
SafePal S1
Best overall
$49.99
Open-formula rating|40+ criteria analyzed|Last updated October 2026|No sponsored rankingsSee methodology
Key Takeaways
- SafePal S1 wins in security (76/100)
- SafePal S1 wins in ease of use (71/100)
- SafePal S1 is more affordable ($49.99)
- Both support 35+ cryptocurrencies
- Best for beginners: SafePal S1 (easier setup)
CoolWallet Pro vs SafePal S1: Key Differences
Both CoolWallet Pro and SafePal S1 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, SafePal S1 (SafePal) at 66/100. The $99 gap between $149 and $49.99 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
SafePal S1Winner76/100
Ease of Use
CoolWallet Pro59/100
SafePal S1Winner71/100
Price
CoolWallet Pro$149
SafePal S1Winner$49.99
Coin Support
CoolWallet Pro35+
SafePal S1Winner200+
Privacy
CoolWallet Pro10/100
SafePal S1Winner59/100
Beginner Friendly
CoolWallet Pro59/100
SafePal S1Winner71/100
Comparing:
CoolWallet Pro
SafePal S1
Comparison Table
Key specifications for your decision
| Criteria | CoolWallet Pro CoolWallet $149 | SafePal S1 SafePal $49.99 |
|---|---|---|
Overall Rating | 47 | 66 |
Security | 55 | 76 |
Usability | 59 | 71 |
Price | $149 | $49.99 |
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 | Yes | Yes |
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 part | Firmware, 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 | Yes | No |
USB | No | No |
Networks | 35+ | 200+ |
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) | 1.3-Inch IPS Full-Colour LCD, 320x320 |
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 seed | 24-word seed |
Setup Time | ~10 min | ~10 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 | Yes | None |
Our Verdict: CoolWallet Pro or SafePal S1?
Choose SafePal S1 if...
- You want verifiable, open-source firmware and software
- You need full desktop support (Windows, macOS, Linux)
- You want to save $99 without sacrificing core security
- You want hidden wallets via passphrase
Our pick for most users
Based on the overall rating, SafePal S1 scores 66/100 and offers the best balance of security, usability, and value in this comparison.
Bottom line: SafePal S1 is our pick — it leads on both security and ease of use, and the overall score reflects that. If budget is real, SafePal S1 comes in $99 cheaper without giving up the basics.
Price: CoolWallet Pro vs SafePal S1
CoolWallet Pro costs $149, while SafePal S1 is priced at $49.99 — a $99 difference. The extra cost of CoolWallet Pro gets you a -19-point higher overall rating. For budget buyers, SafePal S1 offers solid security at a lower price point.
Who Should Pick Which Wallet
Recommendations based on real-world use cases
CoolWallet Pro
$149Best 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
SafePal S1
$49.99Best for:
AffordableBuilt-in batteryWalletConnect supportAndroid support
Pros
- +QR signing via a built-in camera; USB-C is used only for charging and firmware updates
- +$49.99, well below camera-based peers Keystone 3 Pro ($149) and Ellipal Titan 2 ($169)
- +Application firmware public on GitHub under GPL-3.0 since April 2025
- +BIP39 phrase of 12, 15, 18 or 24 words, plus passphrase wallets of up to 60 characters
Cons
- −Secure-element chip and certificate unpublished; SafePal cites EAL5+ in its help center, EAL6+ in its store
- −Kraken Security Labs (2021) called the tamper detection “at best, ineffective”; SafePal disputed this
- −Secure-element code and bootloader are not public, and there are no reproducible builds
- −Pairs only with the SafePal App: no multisig and no xpub export to third-party wallets
Best for These Profiles
Pre-Purchase Checklist
Important points to verify regardless of your choice
All wallets ship from official manufacturer stores with full warranty.
CoolWallet Pro vs SafePal S1: Frequently Asked Questions
Answers about CoolWallet Pro vs SafePal S1
Is CoolWallet Pro better than SafePal S1?
On the numbers, SafePal S1 comes out ahead — 66/100 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 SafePal S1. 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 SafePal S1 cost?
CoolWallet Pro costs $149, SafePal S1 costs $49.99. 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.
Which wallet is better for DeFi and Web3: CoolWallet Pro or SafePal S1?
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. SafePal S1 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 SafePal S1: which has better backup options?
CoolWallet Pro uses a standard 24-word seed phrase. SafePal S1 uses a standard 24-word 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 SafePal S1 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 (SafePal S1) 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 SafePal S1 — 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. SafePal S1 supports all three desktop operating systems with a polished companion app, and that's the practical pick if desktop is your main interface.
Where to buy CoolWallet Pro at the best price?
Always buy CoolWallet Pro from the official CoolWallet store — never from Amazon, eBay, or third-party marketplaces, even if the price looks better. Hardware wallets have been physically tampered with in the supply chain before (compromised devices shipped to unsuspecting buyers, then drained the moment funds were loaded). Buying direct from CoolWallet gets you a sealed unit with full warranty, firmware integrity, and a clean chain of custody. Free shipping and occasional discounts at the source make the price difference negligible anyway.
Do CoolWallet Pro and SafePal S1 come with a warranty?
Yes — both ship with a manufacturer warranty (typically 1–2 years) when bought from the official store. That said, a hardware wallet warranty is mostly about hardware defects, not lost funds. If the device fails, the manufacturer will replace it — but your seed phrase or backup cards are what actually restore your crypto onto the new device. The warranty is real but secondary; what protects your funds is your backup discipline, not a piece of paper from {{wallet1}} or {{wallet2}}.
Made your decision?
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Compare CoolWallet Pro with other wallets
Brand-level comparison: CoolWallet vs SafePal
Official store
CoolWallet Pro$149 · 47/100
SafePal S1$49.99 · 66/100
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