Updated September 28, 2026 · HodlCue Editorial Team
BitBox02 vs Cypherock
BitBox02
Higher score in this comparison
Cypherock
Where BitBox02 and Cypherock differ
| Compare | BitBox02ReviewSee alternativesSee alternatives | CypherockReviewSee alternativesSee alternatives |
|---|---|---|
| Coins supported | from 1,500 | 19,000 |
| Secure element | ATECC608B | ATECC608A in the X1 Vault; EAL6+ secure element in the X1 Cards |
| Connectivity | USB c | USB c, NFCCovers more |
| Backup options | Seed | Shamir, SeedCovers more |
| Price | Not confirmed | $99 to $129 |
Same on both: Wallet type (Hardware), Custody (Self custody), Open source (Yes).
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Key differences
- BitBox02 is available in 2 more countries.
- Connectivity: only Cypherock offers NFC.
- Backup options: only Cypherock offers Shamir.
Our verdict on each
BitBox02
BitBox02 is a USB-C hardware wallet from Shift Crypto AG that keeps your keys in self-custody, which suits anyone holding coins for years rather than trading daily. It is open source, sits near the €69.28 price for this category, and backs up with a plain seed.
Cypherock
Cypherock is a self-custody hardware wallet for holders who want their keys kept offline, with a device price of $99 to $129. Its appeal is breadth and openness: open source code, a secure element chip and support for 19,000 coins, with USB-C and NFC for everyday signing.
Score breakdown
| Area | BitBox02 | Cypherock |
|---|---|---|
| Cost | Not confirmed | 8.6 |
| Offer | 8.9 | 9.5Higher |
| Trust | 9.3Higher | 9.2 |
What each covers
| Connectivity | BitBox02 | Cypherock |
|---|---|---|
| USB c | Yes | Yes |
| NFC | No | Yes |
| Backup options | BitBox02 | Cypherock |
|---|---|---|
| Seed | Yes | Yes |
| Shamir | No | Yes |
How they place
| Ranking | BitBox02 | Cypherock |
|---|---|---|
| Crypto wallets | 47 of 156 | 53 of 156 |
| Hardware and cold wallets | 7 of 58 | 8 of 58 |
What we checked
BitBox02
- shiftcrypto.ch: 12 facts, checked September 26, 2026
Cypherock
- cypherock.com: 7 facts, checked September 26, 2026
- coinbureau.com: 5 facts, checked September 26, 2026
Every fact side by side
| Fact | BitBox02 | Cypherock |
|---|---|---|
| Features | Self custody | Self custody |
| Legal entity | Shift Crypto AG | HODL Tech Private Limited |
| Headquarters | Switzerland | Singapore |
| Founded | 2015 | Not confirmed |
| Support channels | Email, Help centre, Community | Email, Help centre, Community |
Where each stands against the rest
| Fact | BitBox02 | Cypherock | Median |
|---|---|---|---|
| Price | Not confirmed | $99 to $129above the median | $0 |
| Coins supported | from 1,500highest quarter | 19,000highest quarter | 75 |
Median across 85 listed providers.
Pros and cons
BitBox02
Pros
- Keys stay in self custody with you rather than with an exchange or provider.
- Open source firmware built around an ATECC608B secure element.
- Coin support of from 1,500, well above the 345 across hardware wallets.
Cons
- Connection is usb c, so there is no wireless option and the device needs a computer.
- Recovery rests on a single seed backup rather than a split scheme, so one written copy carries the risk.
- Help runs on email, help centre and community, with no phone line among them.
Cypherock
Pros
- Self-custody, so keys stay with the holder and backup can be organised with shamir and seed.
- Open source firmware, so the code that touches keys can be inspected by anyone.
- Broad coverage of 19,000 coins from a single device.
Cons
- The device cost of $99 to $129 puts it above most hardware wallets, and each unit is a separate purchase.
- Support runs on email, help centre and community, so a hardware fault means written answers rather than a live conversation.
- Against Trezor at $79, the Cypherock asks for more money up front.
Who each suits
BitBox02
Who it suits
- Long-term holders who want their coins in self-custody rather than sitting on an exchange.
- You who read firmware and want to check the code behind the wallet.
- Desktop users with a usb c port who hold a manageable set of coins.
Who should look elsewhere
- Anyone who wants someone else to hold the keys: bynex is custodial.
- Phone-only users: Bit2Me is a mobile wallet rather than a hardware device.
- Long-tail coin hunters: Trezor lists 8,000 coins.
Cypherock
Who it suits
- Long-term holders who want many coins in a single device, 19,000 at most.
- People who read code and want open source hardware.
- Buyers comfortable paying $99 to $129 for the hardware at checkout.
Who should look elsewhere
- Trezor, if the budget is tight: it is listed at $79 against the Cypherock price of $99 to $129.
- Bit2Me, if a mobile wallet is enough for everyday transfers.
Current offers
Cypherock
Current offer
Bonus
Get Cypherock X1 free through Canton Rewards: Free Cypherock X1
Claimed through the Canton Rewards programme
Source, checked September 26, 2026
Country by country
| Country | BitBox02 | Cypherock |
|---|---|---|
| Germany | Yes | No |
| India | No | Yes |
| Liechtenstein | Yes | No |
| Switzerland | Yes | No |
| United States | Yes | Yes |
Questions about each
BitBox02
How much does a BitBox02 cost compared with other hardware wallets?+
It is a one-time device purchase, not a subscription. Across hardware wallets on HodlCue the median price is €69.28, with the middle of the group starting around €52.24. Coins stay in self-custody, so the device is the main outlay you make.
Who holds the coins in a BitBox02?+
You do. Custody is self custody, so the keys never sit with Shift Crypto AG, the company behind the device, which is based in Switzerland and founded in 2015. The firmware is open source, and key handling happens on an ATECC608B secure element inside the device.
Cypherock
How much does a Cypherock hardware wallet cost?+
Prices run $99 to $129 for the device itself, a purchase cost rather than a subscription. Buyers on a tighter budget may prefer Trezor, listed at $79. Hardware of this kind is bought, not rented, so the outlay lands at checkout instead of monthly.
Is money held by Cypherock protected by a regulator?+
Cypherock is a self custody wallet run by HODL Tech Private Limited, headquartered in Singapore. No provider holds a balance on your behalf, so safety rests on the device and its secure element chip rather than on a regulator's protection scheme. Readers who want an operator's licence behind their funds should look at a custodial wallet.
Other options to compare
BitBox02
Cypherock