Updated September 28, 2026 · HodlCue Editorial Team
Cypherock vs SafePal
Cypherock
Higher score in this comparison
SafePal
Where Cypherock and SafePal differ
| Compare | CypherockReviewSee alternativesSee alternatives | SafePalReviewSee alternativesSee alternatives |
|---|---|---|
| Price | $99 to $129 | $49.99 to $89.99Lower |
| Coins supported | 19,000Higher | 200 |
| Secure element | ATECC608A in the X1 Vault; EAL6+ secure element in the X1 Cards | CC EAL6+ secure element |
| Connectivity | USB c, NFC | Bluetooth, USB c |
| Backup options | Shamir, SeedCovers more | Seed |
Same on both: Wallet type (Hardware), Custody (Self custody), Open source (Yes).
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Key differences
- Cypherock scores higher overall: 9.1 vs 9.0.
- Price is lower at SafePal: $49.99 to $89.99 vs $99 to $129.
- Coins supported is higher at Cypherock: 19,000 vs 200.
- Connectivity: only Cypherock offers NFC.
- Connectivity: only SafePal offers Bluetooth.
- Backup options: only Cypherock offers Shamir.
Our verdict on each
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.
SafePal
SafePal suits buyers who want a self-custody hardware wallet with open source firmware and wide coin coverage at a modest upfront cost. The device costs $49.99 to $89.99 and support runs on email, help centre and community alone, so anyone holding a large balance should expect to handle setup questions alone.
Score breakdown
| Area | Cypherock | SafePal |
|---|---|---|
| Cost | 8.6 | 9.1HigherCost comes down to a hardware purchase at $49.99 to $89.99 with no subscription, near the hardware wallet median of €69.28. |
| Offer | 9.5Higher | 9.1Covers 200 coins over bluetooth and usb c, and pairs open source firmware with a CC EAL6+ secure element plus self-custody on each device. |
| Trust | 9.2Higher | 8.8 |
Ranges side by side
| Fact | Cypherock | SafePal |
|---|---|---|
| Price | $99 to $129 | $49.99 to $89.99 |
Pick Cypherock if, pick SafePal if
Pick Cypherock if offer, trust, coins supported, and backup options matter most.
Pick SafePal if cost and price matter most.
Also worth a look
OneKey has coins supported at 30,000, against 19,000 for Cypherock and 200 for SafePal.
OneKey reviewSources behind this comparison
Cypherock
- cypherock.com: 7 facts, checked September 26, 2026
- coinbureau.com: 5 facts, checked September 26, 2026
SafePal
- safepal.com: 12 facts, checked September 26, 2026
How they place
| Ranking | Cypherock | SafePal |
|---|---|---|
| Crypto wallets | 53 of 156 | 68 of 156 |
| Hardware and cold wallets | 8 of 58 | 14 of 58 |
Every fact side by side
| Fact | Cypherock | SafePal |
|---|---|---|
| Features | Self custody | Self custody |
| Legal entity | HODL Tech Private Limited | SkyGenesis Holdings Limited |
| Headquarters | Singapore | Not confirmed |
| Founded | Not confirmed | 2018 |
| Support channels | Email, Help centre, Community | Email, Help centre, Community |
Where each stands against the rest
| Fact | Cypherock | SafePal | Median |
|---|---|---|---|
| Price | $99 to $129above the median | $49.99 to $89.99above the median | $0 |
| Coins supported | 19,000highest quarter | 200above the median | 75 |
Median across 85 listed providers.
Pros and cons
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.
SafePal
Pros
- Priced at $49.99 to $89.99, which sits in line with the hardware wallet median of €69.28 across this category
- Custody is self custody, so the keys sit on the device and no operator holds or can move the balance
- The firmware is open source, so the code that handles keys and signs transactions can be read and checked by others
Cons
- Backup is a seed phrase, and there is no split-share option, so a paper copy covers the whole balance
- Support runs on email, help centre and community, with no live chat or phone line listed for holders who get stuck mid-setup
- Signing needs a phone or computer running the app, so recovery depends on your own seed phrase alone
Who each suits
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.
SafePal
Who it suits
- Buyers who want to hold their own keys rather than see a balance sit with a platform operator
- Holders of many small positions who need wide coin coverage from a device they must set up themselves
- People who are comfortable buying hardware and writing down a seed phrase that they will keep offline and private
Who should look elsewhere
- Anyone who wants a platform account with deposit rails and an app balance, since bynex runs on custodial custody
- People who need help from a live agent, since support runs on email, help centre and community with no phone line listed
- Buyers who want a phone-only software wallet, since this is a hardware device they have to buy first
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
SafePal
Current offer
Discount code
10% off with promo code SFP@MiCA: 10% off
Use promo code SFP@MiCA at checkout
Source, checked September 26, 2026
Bonus
Buy 2 for free global shipping: Free standard shipping
Purchase any 2 units or more of the SafePal S1, S1 Pro, X1 or Cypher with Standard Shipping; leather case and Express Delivery excluded
Source, checked September 26, 2026
Country by country
| Country | Cypherock | SafePal |
|---|---|---|
| India | Yes | No |
| United States | Yes | No |
Questions about each
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.
SafePal
How much does a SafePal hardware wallet cost?+
The device costs $49.99 to $89.99, and that is the whole outlay because no account subscription is attached. It sits in line with the hardware wallet median of €69.28, so the purchase price is typical for this category of device.
Does SafePal hold my coins?+
Custody is self custody, so private keys are generated on the device and never sit with the company. Nothing is credited to a SafePal account, so no deposit protection scheme applies to any balance. Losing the seed phrase means losing the coins, with no operator able to restore them.
Other options to compare
Other matchups
Cypherock
SafePal