Key Takeaways
- CoolWallet has longer track record (since 2014)
- Top-rated model: Ngrave Zero (56/100, $398)
CoolWallet vs Ngrave: Brand Overview
CoolWallet and Ngrave represent two fundamentally different approaches to hardware wallet design and security philosophy. CoolWallet, founded in 2014, has developed a lineup of 1 wallet models targeting different user needs. Ngrave, established in 2018, offers 1 models in its current portfolio. This comparison analyzes both brands across the dimensions that matter most to crypto holders: security architecture, open-source transparency, supported cryptocurrencies, pricing, and long-term reliability. Our analysis is based on 40+ independently verified specifications — no opinions, just verifiable data. Read on for a detailed breakdown to help you make an informed choice.
Specs verified October 30, 2026 ·
This page compares CoolWallet and Ngrave as brands — their philosophy, track record, and product lineups. For head-to-head comparisons of specific wallet models, see the links below.
Compare Specific Models
Looking for a head-to-head comparison of specific wallets?
Quick Verdict: CoolWallet vs Ngrave

Choose CoolWallet if you need:
- time-tested reliability

Choose Ngrave if you need:
- air-gapped QR signing
- a touchscreen device
Both brands make reliable hardware wallets. Your choice depends on whether you prioritize time-tested reliability (CoolWallet) or air-gapped QR signing (Ngrave).

CoolWallet
CoolWallet is the hardware wallet brand of CoolBitX, a blockchain security company founded in Taipei in 2014. Its wallets are credit-card-sized and run entirely through the CoolWallet phone app; the current CoolWallet Pro adds an e-paper screen and a button for on-card confirmation.

Ngrave
NGRAVE is a Belgian company that makes the ZERO, an air-gapped hardware wallet that signs only by QR code, along with the GRAPHENE steel backup and the LIQUID mobile app. The ZERO costs $398; its firmware is closed and no audit report has been published.
Top Models: CoolWallet vs Ngrave Compared
Best wallets from each brand (by rating)
Comparison Table
Key specifications for your decision
| Criteria | ![]() CoolWallet Pro CoolWallet $149 | ![]() Ngrave Zero Ngrave $398 |
|---|---|---|
Overall Rating | 47 | 56 |
Security | 55 | 61 |
Usability | 59 | 71 |
Price | $149 | $398 |
Secure Element | Yes | Yes |
Open Source | Firmware, in part | No |
Bluetooth | Yes | No |
USB | No | No |
Networks | 35+ | 18+ |
Passphrase | — | Yes |
Display | E-Paper (Monochrome) | LCD Capacitive Touchscreen (480x800, 600 Cd/M²) |
Backup Method | 24-word seed | 24-word seed |
Setup Time | ~10 min | ~20 min |
Water Resist | Yes | IP55 |
About Selection
The table shows top 2 models from each brand with the highest overall rating. This allows comparing the best offerings from each manufacturer.
Price Comparison: CoolWallet vs Ngrave
Price ranges and value for money
CoolWallet or Ngrave: Our Recommendations
Recommendations based on brand philosophy and products

CoolWallet
Best for: time-tested reliability
- Long market presence
- Closed-source approach
- Limited model selection
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Ngrave
Best for: air-gapped QR signing, a touchscreen device
- Closed-source approach
- Limited model selection
Affiliate link — we may earn a commission at no extra cost to you. Learn more about affiliate links
CoolWallet vs Ngrave: In-Depth Analysis
Is CoolWallet or Ngrave More Secure?
Ngrave offers open-source firmware, giving the community full visibility into its code. CoolWallet takes a proprietary approach, relying on third-party security audits instead. Neither approach is inherently better — open-source enables community verification, while proprietary code can offer other protections. The right choice depends on how much you value code transparency.
CoolWallet vs Ngrave: Which Is Better for Beginners?
For beginners, the key factors are ease of setup, companion app quality, and educational resources. CoolWallet offers 1 models starting at $149, while Ngrave starts at $398. A lower entry price doesn't always mean a better beginner experience — consider screen size, mobile app support, and the breadth of setup guides when making your decision.
What Does the Crypto Community Think About CoolWallet vs Ngrave?
Community opinions vary based on individual priorities. Security-focused users tend to favor brands with open-source firmware and proven track records. Budget-conscious users compare entry-level pricing. Our ratings aggregate 40+ objective specifications rather than subjective opinions — check our methodology page for the full scoring breakdown.
Brand Selection Checklist
Important points to verify before making your purchase
Ready to buy? Check all items first
CoolWallet vs Ngrave: Frequently Asked Questions
Answers about CoolWallet vs Ngrave
Which is better: CoolWallet or Ngrave?
Which brand is more secure: CoolWallet or Ngrave?
Is CoolWallet a trustworthy hardware wallet brand?
Is Ngrave a trustworthy hardware wallet brand?
How many wallets does CoolWallet vs Ngrave offer?
Is CoolWallet open-source?
Is Ngrave open-source?
How much do CoolWallet and Ngrave wallets cost?
More Comparisons
Compare CoolWallet with other brands

CoolWallet vs Ledger
Ledger's devices add USB and desktop support and larger screens; CoolWallet keeps a wallet-sized card that works only with its phone app.

CoolWallet vs OneKey
Open-source OneKey vs closed firmware — transparency vs convenience

CoolWallet vs Blockstream
Open-source Blockstream vs closed firmware — transparency vs convenience
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