Secure ElementNFC13+ networks
Cypherock X1 vs OneKey Neo
Cypherock X1 offers open-source code, Shamir Backup. OneKey Neo features IP56 water resistance, iOS support, a 3.54" color touchscreen — and costs $80 less.
2 wallets
No IP rating vs IP56
$80 price gap
iOS support differs
Quick VerdictUpdated 2026
Cypherock X1
Best value
OneKey Neo
Best overall
$179
Security notice ·
October 2026: free replacement for OneKey devices bought from CryptoBilis
After Ledger found hardware implants in Ledger devices sold by the reseller CryptoBilis, OneKey ended CryptoBilis’s authorization, paused new resellers and began reviewing existing ones. OneKey says no OneKey user has reported losing funds and does not report finding a tampered OneKey device.
As a precaution, OneKey replaces for free any OneKey model bought from CryptoBilis between 1 March and 12 October 2026, activated or not, with proof of purchase. Apply through OneKey support by 31 December 2026; the old device does not need to be returned.
OneKey’s advice: do not activate an unused CryptoBilis unit. If a device from CryptoBilis already holds funds, move them now to a wallet with a newly generated recovery phrase rather than waiting for the replacement.
This concerns one reseller, not the device design, so it does not change our ratings.
Sources
Open-formula rating|40+ criteria analyzed|Last updated November 2026|No sponsored rankingsSee methodology
Key Takeaways
- OneKey Neo wins in security (85/100)
- OneKey Neo wins in ease of use (82/100)
- Cypherock X1 is more affordable ($99)
- Both support 20+ cryptocurrencies
- Best for beginners: OneKey Neo (easier setup)
Cypherock X1 vs OneKey Neo: Key Differences
Both Cypherock X1 and OneKey Neo 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: Cypherock X1 (Cypherock) lands at 61/100, OneKey Neo (OneKey) at 74/100. The $80 gap between $99 and $179 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
Cypherock X170/100
OneKey NeoWinner85/100
Ease of Use
Cypherock X159/100
OneKey NeoWinner82/100
Price
Cypherock X1Winner$99
OneKey Neo$179
Coin Support
Cypherock X120+
OneKey NeoWinner100+
Privacy
TieCypherock X123/100
OneKey Neo25/100
Beginner Friendly
Cypherock X159/100
OneKey NeoWinner82/100
Comparing:
Cypherock X1
OneKey Neo
Comparison Table
Key specifications for your decision
| Criteria | Cypherock X1 Cypherock $99 | OneKey Neo OneKey $179 |
|---|---|---|
Overall Rating | 61 | 74 |
Security | 70 | 85 |
Usability | 59 | 82 |
Price | $99 | $179 |
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 | Client app only |
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 | No | Yes |
USB | Yes | Yes |
Networks | 20+ | 100+ |
Wallet apps | — | Rabby |
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 | 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 | 0.96-Inch 128 X 64 Px OLED | Color AMOLED Touchscreen |
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 | Multi-card | 24-word + Shamir |
Setup Time | ~20 min | ~7 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 | None | IP56 |
Which other apps each device works with, and how it connects: software compatibility matrix
Our Verdict: Cypherock X1 or OneKey Neo?
Choose Cypherock X1 if...
- You prefer seedless backup via multiple linked cards
- You want to save $80 without sacrificing core security
Skip Cypherock X1 if...
- ×You manage crypto from an iPhone (no iOS app here)
- ×You need a device with an official IP rating against water and dust
Choose OneKey Neo if...
- You are comfortable managing a seed phrase
- You need iPhone (iOS) compatibility
- You need a durable, IP56-rated waterproof device
- You run your own Bitcoin full node
Skip OneKey Neo if...
- ×Budget is tight — you'd be better served by a cheaper option in this comparison
- ×You want a seedless backup design instead of a 12/24-word phrase
Our pick for most users
Based on the overall rating, OneKey Neo scores 74/100 and offers the best balance of security, usability, and value in this comparison.
Bottom line: OneKey Neo is our pick — it leads on both security and ease of use, and the overall score reflects that. If budget is real, Cypherock X1 comes in $80 cheaper without giving up the basics.
Price: Cypherock X1 vs OneKey Neo
Cypherock X1 costs $99, while OneKey Neo is priced at $179 — a $80 difference. The extra cost of OneKey Neo gets you a 13-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
Cypherock X1
$99Best 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
OneKey Neo
$179Best for:
Water resistanceBuilt-in batteryFull node supportWalletConnect support
Pros
- +Two THD89 secure elements (CC EAL6+), secure boot and on-device Clear Signing
- +Same 3.54-inch AMOLED touchscreen (1024×604, up to 800 nits) and 700 mAh battery as the Pro 2
- +BIP39 (12/24 words), 20-word SLIP-39 shares and passphrase wallets
- +Signer for Safe, Squads and Sparrow; OneKey App lists 100+ blockchains and 30,000+ assets
Cons
- −No camera, so no QR air-gap signing: every transaction goes over USB-C or Bluetooth
- −Firmware source is not public yet, so OneKey's open-source claim cannot be checked
- −Two low Keylabs findings remain open; rollback protection is not yet anchored in the secure elements
- −The OneKey App sends usage analytics and offers no user setting to turn them off
Pre-Purchase Checklist
Important points to verify regardless of your choice
Every wallet linked here ships from its manufacturer's official store with full warranty.
Cypherock X1 vs OneKey Neo: Frequently Asked Questions
Answers about Cypherock X1 vs OneKey Neo
Is Cypherock X1 better than OneKey Neo?
On the numbers, OneKey Neo comes out ahead — 74/100 vs 61/100 — but 'better' isn't quite the right frame. Cypherock X1 is more affordable at $99, which matters more for some buyers than overall score does. If overall rating is what you actually weigh first, take OneKey Neo. If budget is the constraint that shapes your decision, Cypherock X1 is the smarter buy. Either way, both are real hardware wallets — neither is a mistake.
How much do Cypherock X1 and OneKey Neo cost?
Cypherock X1 costs $99, OneKey Neo costs $179. 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, OneKey Neo 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.
Is Cypherock X1 waterproof?
No — Cypherock X1 has no official water or dust resistance rating, so treat it like any other small electronic. A spilled drink or a rainstorm in your jacket pocket is enough to brick it. OneKey Neo, by contrast, carries an IP56 rating, which means it's tested against dust and pressurized water — that's the device you'd actually take camping or to a beach. For most people, water resistance isn't a deciding factor, but it matters if you travel light or carry your wallet daily.
Which wallet is better for DeFi and Web3: Cypherock X1 or OneKey Neo?
Cypherock X1 — and the gap is bigger than the spec sheets make it look. Cypherock X1 has WalletConnect built in, which means you sign DeFi transactions directly from a hardware wallet without exposing keys to a hot wallet. OneKey Neo 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.
Cypherock X1 vs OneKey Neo: which has better backup options?
Cypherock X1 uses multiple linked NFC cards as encrypted backups (no seed phrase). OneKey Neo uses a 24-word seed phrase with optional Shamir Secret Sharing for split backups. 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.
Where to buy Cypherock X1 at the best price?
Always buy Cypherock X1 from the official Cypherock 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 Cypherock 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.
Made your decision?
Check out full reviews or find the best price from official vendors.
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Official store
Cypherock X1$99 · 61/100
OneKey Neo$179 · 74/100
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