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Cypherock vs Ngrave Hardware Wallets

Helping you choose between Cypherock vs Ngrave: security, pricing, top wallets and honest recommendations.

2 brands · 2 wallets
8 min read
Last updated June 2026
Open-formula rating 40+ criteria analyzed WalletInsights Editorial Team No sponsored rankings
Comparing:
Cypherock
Ngrave

Key Takeaways

  • Cypherock has open-source firmware; Ngrave uses proprietary code
  • Top-rated model: Cypherock X1 (70/100, $99)

Cypherock vs Ngrave: Brand Overview

Cypherock and Ngrave represent two fundamentally different approaches to hardware wallet design and security philosophy. Cypherock, founded in 2020, 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 June 2, 2026 ·

This page compares Cypherock 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: Cypherock vs Ngrave

Both brands make reliable hardware wallets. Your choice depends on whether you prioritize transparency and auditability (Cypherock) or (Ngrave).

Top Models: Cypherock vs Ngrave Compared

Best wallets from each brand (by rating)

Comparison Table

Key specifications for your decision

Cypherock X1 vs Ngrave Zero — Common
Criteria
Cypherock X1
Cypherock X1
Cypherock
$99
Ngrave Zero
Ngrave Zero
Ngrave
$398
Overall Rating
70/10061/100
Security
87/10073/100
Usability
62/10071/100
Price
$99$398
Secure Element
YesYes
Open Source
YesNo
Bluetooth
NoNo
USB
YesNo
Networks
25+15+
Passphrase
YesYes
Display
OLEDLCD Capacitive Touchscreen (480x800, 600 Cd/M²)
Backup Method
Multi-card24-word seed
Setup Time
~20 min~20 min
Water Resist
NoneIP55

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: Cypherock vs Ngrave

Price ranges and value for money

Cypherock or Ngrave: Our Recommendations

Recommendations based on brand philosophy and products

Cypherock vs Ngrave: In-Depth Analysis

Is Cypherock or Ngrave More Secure?

Cypherock offers open-source firmware, giving the community full visibility into its code. Ngrave 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.

Cypherock vs Ngrave: Which Is Better for Beginners?

For beginners, the key factors are ease of setup, companion app quality, and educational resources. Cypherock offers 1 models starting at $99, 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 Cypherock 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

Cypherock vs Ngrave: Frequently Asked Questions

Answers about Cypherock vs Ngrave

Which is better: Cypherock or Ngrave?
It depends on your priorities. Cypherock is better if you value transparency and auditability. Ngrave is better if you need .
Which brand is more secure: Cypherock or Ngrave?
Security depends on the specific model, not just the brand. Key factors include secure element chips, open-source firmware, air-gapped signing, and independent security audits. Compare specific models from each brand to evaluate security features side-by-side.
Is Cypherock a trustworthy hardware wallet brand?
Cypherock was founded in 2020 and is a relatively newer entrant in the hardware wallet market. While newer doesn't mean less secure, the brand has less of a public track record compared to longer-established competitors. Check for independent security audits and community reviews before purchasing.
Is Ngrave a trustworthy hardware wallet brand?
Ngrave has been in the hardware wallet market since 2018, giving it a 8-year track record. Longevity alone doesn't guarantee security, but it does mean the brand has weathered multiple market cycles and its products have been tested by a large user base over time.
How many wallets does Cypherock vs Ngrave offer?
Cypherock currently offers 1 wallet models, while Ngrave has 1. A wider lineup gives more options for different budgets and use cases.
Is Cypherock open-source?
Yes, Cypherock firmware is open-source, meaning anyone can audit the code for backdoors or vulnerabilities. This is a strong trust signal in the hardware wallet space.
Is Ngrave open-source?
No, Ngrave uses proprietary firmware. However, the brand compensates with third-party security audits. Both approaches have merit.
How much do Cypherock and Ngrave wallets cost?
Cypherock: $99, Ngrave: $398. All prices are for standard editions from official manufacturer stores.

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