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Ngrave vs Cypherock Hardware Wallets

Helping you choose between Ngrave vs Cypherock: 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:
Ngrave
Cypherock

Key Takeaways

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

Ngrave vs Cypherock: Brand Overview

Ngrave and Cypherock represent two fundamentally different approaches to hardware wallet design and security philosophy. Ngrave, founded in 2018, has developed a lineup of 1 wallet models targeting different user needs. Cypherock, established in 2020, 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 Ngrave and Cypherock 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: Ngrave vs Cypherock

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

Top Models: Ngrave vs Cypherock Compared

Best wallets from each brand (by rating)

Comparison Table

Key specifications for your decision

Ngrave Zero vs Cypherock X1 — Common
Criteria
Ngrave Zero
Ngrave Zero
Ngrave
$398
Cypherock X1
Cypherock X1
Cypherock
$99
Overall Rating
61/10070/100
Security
73/10087/100
Usability
71/10062/100
Price
$398$99
Secure Element
YesYes
Open Source
NoYes
Bluetooth
NoNo
USB
NoYes
Networks
15+25+
Passphrase
YesYes
Display
LCD Capacitive Touchscreen (480x800, 600 Cd/M²)OLED
Backup Method
24-word seedMulti-card
Setup Time
~20 min~20 min
Water Resist
IP55None

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: Ngrave vs Cypherock

Price ranges and value for money

Ngrave or Cypherock: Our Recommendations

Recommendations based on brand philosophy and products

Ngrave vs Cypherock: In-Depth Analysis

Is Ngrave or Cypherock 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.

Ngrave vs Cypherock: Which Is Better for Beginners?

For beginners, the key factors are ease of setup, companion app quality, and educational resources. Ngrave offers 1 models starting at $398, while Cypherock starts at $99. 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 Ngrave vs Cypherock?

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

Ngrave vs Cypherock: Frequently Asked Questions

Answers about Ngrave vs Cypherock

Which is better: Ngrave or Cypherock?
It depends on your priorities. Ngrave is better if you value . Cypherock is better if you need transparency and auditability.
Which brand is more secure: Ngrave or Cypherock?
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 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.
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.
How many wallets does Ngrave vs Cypherock offer?
Ngrave currently offers 1 wallet models, while Cypherock has 1. A wider lineup gives more options for different budgets and use cases.
Is Ngrave open-source?
No, Ngrave uses proprietary firmware. However, the brand compensates with third-party security audits. Both approaches have merit.
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.
How much do Ngrave and Cypherock wallets cost?
Ngrave: $398, Cypherock: $99. All prices are for standard editions from official manufacturer stores.

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