Secure ElementNFC13+ networks
OneKey Neo vs SafePal S1
OneKey Neo stands out with a 3.54" color touchscreen, open-source code, Shamir Backup. SafePal S1 is a solid alternative — SafePal S1 costs $129 less.
2 wallets
No IP rating vs IP56
USB vs NFC
$129 price gap
Quick VerdictUpdated 2026
OneKey Neo
Best overall
$179
SafePal S1
Best value
$49.99
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)
- SafePal S1 is more affordable ($49.99)
- Both support 100+ cryptocurrencies
- Best for beginners: OneKey Neo (easier setup)
OneKey Neo vs SafePal S1: Key Differences
Both OneKey Neo 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: OneKey Neo (OneKey) lands at 74/100, SafePal S1 (SafePal) at 65/100. The $129 gap between $179 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
OneKey NeoWinner85/100
SafePal S176/100
Ease of Use
OneKey NeoWinner82/100
SafePal S171/100
Price
OneKey Neo$179
SafePal S1Winner$49.99
Coin Support
OneKey Neo100+
SafePal S1Winner200+
Privacy
OneKey Neo25/100
SafePal S1Winner54/100
Beginner Friendly
OneKey NeoWinner82/100
SafePal S171/100
Comparing:
OneKey Neo
SafePal S1
Comparison Table
Key specifications for your decision
| Criteria | OneKey Neo OneKey $179 | SafePal S1 SafePal $49.99 |
|---|---|---|
Overall Rating | 74 | 65 |
Security | 85 | 76 |
Usability | 82 | 71 |
Price | $179 | $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 | Client app only | 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 | Yes | No |
Networks | 100+ | 200+ |
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 | Color AMOLED Touchscreen | 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 + Shamir | 24-word seed |
Setup Time | ~7 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 | IP56 | None |
Which other apps each device works with, and how it connects: software compatibility matrix
Our Verdict: OneKey Neo or SafePal S1?
Choose OneKey Neo if...
- You want advanced backup with Shamir Secret Sharing
- You want wireless NFC connectivity — no cables needed
- 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 hold a wide range of altcoins beyond what this device supports (100 networks)
Choose SafePal S1 if...
- You want to save $129 without sacrificing core security
Skip SafePal S1 if...
- ×You want wireless NFC connection — no cables
- ×You want Shamir Secret Sharing for split, geographically distributed backups
- ×You need a device with an official IP rating against water and dust
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, SafePal S1 comes in $129 cheaper without giving up the basics.
Price: OneKey Neo vs SafePal S1
OneKey Neo costs $179, while SafePal S1 is priced at $49.99 — a $129 difference. The extra cost of OneKey Neo gets you a 9-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
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
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
Every wallet linked here ships from its manufacturer's official store with full warranty.
OneKey Neo vs SafePal S1: Frequently Asked Questions
Answers about OneKey Neo vs SafePal S1
Is OneKey Neo better than SafePal S1?
On the numbers, OneKey Neo comes out ahead — 74/100 vs 65/100 — but 'better' isn't quite the right frame. SafePal S1 is more affordable at $49.99, 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, SafePal S1 is the smarter buy. Either way, both are real hardware wallets — neither is a mistake.
How much do OneKey Neo and SafePal S1 cost?
OneKey Neo costs $179, 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.
Is SafePal S1 waterproof?
No — SafePal S1 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: OneKey Neo or SafePal S1?
OneKey Neo — and the gap is bigger than the spec sheets make it look. OneKey Neo 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.
OneKey Neo vs SafePal S1: which has better backup options?
OneKey Neo uses a 24-word seed phrase with optional Shamir Secret Sharing for split backups. 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.
Where to buy OneKey Neo at the best price?
Always buy OneKey Neo from the official OneKey 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 OneKey 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 OneKey Neo 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 OneKey Neo or SafePal S1.
Made your decision?
Check out full reviews or find the best price from official vendors.
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Not convinced? Consider these alternatives
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Official store
OneKey Neo$179 · 74/100
SafePal S1$49.99 · 65/100
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