Comparison

THORWallet vs Cypher Wallet

Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.

Head to head
About

THORWallet

This non-custodial DeFi wallet offers seamless cross-chain crypto swaps, earning opportunities, and asset management. It features a global MasterCard integration for spending crypto and institutional-grade multisig security for any token or chain. Bridge traditional finance with decentralized finance through a built-in Swiss IBAN bank account.

Highlights
  • Non-custodial DeFi wallet
  • Cross-chain swaps (BTC, ETH, SOL)
  • Global crypto debit card (MasterCard)
  • TSS-based multisig security
  • Built-in Swiss IBAN bank account
  • Perpetual trading
Features
Read full description

THORWallet The Ultimate Crypto Wallet THORWallet is a non-custodial DeFi wallet that brings decentralized finance to users globally, offering seamless cross-chain swaps, earning, asset management, a multi currency Swiss bank account, and perpetual trading available from the comfort of your smartphone. THORWallet is currently the fastest-growing cross-chain wallet. What makes THORWallet unique? - Cross-Chain Swaps: Trade native BTC, ETH, SOL, and other major assets across chains with zero intermediaries. No wrapping. No bridges. Pure DeFi, how it was meant to be. - Global MasterCard Integration: Access a crypto debit card powered by MasterCard, available in 100+ countries, directly from your non-custodial wallet. Spend your assets freely, while retaining full ownership and custody. - Multisig for Any Token, Any Chain: THORWallet's TSS-based multi signature system delivers institutional-grade security on mobile. It's a game-changer for DAOs, treasuries, teams, and crypto whales, fully compatible across all major blockchains. - Best-in-Class Fiat Gateway: On- and off-ramp crypto at top market rates and large sizes, via a built-in Swiss IBAN bank account, bridging TradFi and DeFi in one seamless interface.

About

Cypher Wallet

This app allows you to spend your cryptocurrency like cash globally using a virtual or physical card. It supports multiple blockchains and offers instant integration with Apple Pay and Google Pay. You maintain full control of your funds with a non-custodial wallet.

Highlights
  • Spend crypto like cash globally
  • Zero-fee crypto card
  • Non-custodial wallet
  • Multi-chain support (15+ blockchains)
  • Instant Apple Pay & Google Pay compatibility
  • Virtual and physical card options
  • Global ATM cash withdrawal
Features
Read full description

Cypher makes crypto spending seamless, secure, and global. Spend your crypto like cash with Cypher’s zero-fee crypto card, powered by a non-custodial wallet, multi-chain support, and instant Apple Pay & Google Pay compatibility. Spend Crypto Anywhere Use your Cypher virtual or physical card at 100M+ merchants worldwide that accept Visa. Shop online, tap in-store, or withdraw cash from ATMs globally. You’re Always in Control Cypher is non-custodial by design. Your crypto stays yours, full ownership, total privacy, and control at all times Multi-Chain, Made Simple Cypher supports 15+ major blockchains and 500+ tokens, including Ethereum, Solana, Base, and Cosmos ecosystems, so you can spend seamlessly without worrying about where your funds live. Instant Card Access Get your virtual card instantly on signup and add it to Apple Pay or Google Pay in seconds. Physical cards are available for everyday use and travel. Global ATM Access Need cash? Withdraw crypto as local currency from ATMs around the world, anytime, anywhere. Built for Security Advanced fraud detection, card controls, and real-time monitoring help keep your spending protected. Go Premium Upgrade to Cypher Premium and unlock: A sleek metal card Zero forex markup Zero top-up fees Higher monthly spending limits Earn Rewards Earn CYPR tokens on every spend and referral, with boosted rewards at top brands designed to reward real usage. Cypher is a Y Combinator-backed company redefining how crypto works in everyday life. Download Cypher and start spending crypto instantly. Join the Cypher Community Cypher is built by and for people who use crypto every day. From spending on-chain assets in the real world to shaping what we build next, our community is at the center of everything we do. Join users across the globe who are making crypto practical, usable, and borderless. Download Cypher and start spending crypto anywhere cards are accepted. Stay connected with the Cypher community: - Website: https://cypherhq.io/ - X: https://x.com/Cypher_HQ_ - LinkedIn: http://linkedin.com/company/cypher-official - Telegram: https://t.me/cypher_hq - Discord: https://discord.gg/ZqeSGmJgWF - Support & enquiries: support@cypherhq.io

Screenshots

THORWallet4 screens
Cypher Wallet4 screens

Verdict

The call

The clearest difference is review sentiment: Cypher Wallet at 76% against THORWallet's 51%. Cypher Wallet also leads on rating (4.2 vs 3.9) and iOS requirement (15.1 vs 17.0). THORWallet's advantage is monetization model (free vs freemium) and ratings volume (119 vs 30). On price, update cadence, ads and in-app purchases there is nothing between them.

Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS

CostPrice · In-app purchases · Ads · Monetization

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

ReceptionRating · Positive reviews · Number of ratings

Cypher Wallet holds the better App Store score, 4.2 against 3.9. Both are backed by a comparable volume of ratings — 119 and 30 respectively. Written reviews point the same way: 51% of THORWallet's written reviews are positive against 76% of Cypher Wallet's.

UpkeepUpdate frequency

THORWallet ships an update every 2 weeks, Cypher Wallet every 10 days. The most recent releases landed on November 7, 2026 and November 3, 2026 respectively.

Scorecard5 real differences · 5 level
THORWallet versus Cypher Wallet: the parameters behind the verdict, then further details
ParameterTHORWalletCypher Wallet
PriceFreeFree
Rating3.9 (119 ratings)4.2 (30 ratings) — better
Positive reviews50.6% of reviews76.4% of reviews — better
Number of ratings119 — better30
Update frequencyEvery 2 weeksEvery 10 days — better
AdsNoNo
In-app purchasesNoNo
MonetizationFree — betterFreemium
DevicesiPhoneiPhone, iPod — better
Requires iOS17.015.1 — better
Further details — not scored
Size300 MB104 MB
Age rating12+17+
DeveloperDeFi Suisse AGCypherD Wallet Inc

Customer experience

THORWallet

All ratings119 ratings
Positive71.4%
Neutral1.7%
Negative26.9%
Written reviews85 reviews
Positive50.6%
Neutral8.2%
Negative41.2%

Cypher Wallet

All ratings30 ratings
Positive80.0%
Neutral0.0%
Negative20.0%
Written reviews72 reviews
Positive76.4%
Neutral4.2%
Negative19.4%

Bugs and requests

THORWallet

Reported bugs

14 issues
  • App crashes when selecting tokens in swap interface
  • Black screen after login or app updates
  • Passcode confirmation screen hangs and prevents login
  • Face ID randomly disables after failed attempts
  • Balance shows zero or incorrect values
Show 9 more
  • Assets not displaying in wallet (Dogecoin, Luna Classic)
  • Liquidity pools not visible or accessible
  • Transaction broadcast errors on BTC-RUNE swaps
  • Funds stuck in liquidity pools
  • App crashes after 15 seconds of opening
  • Missing send/confirm buttons on some screen sizes
  • Swap functionality fails for certain asset pairs
  • Password migration to PIN stuck indefinitely
  • Inconsistent API connectivity issues

Requested features

10 requests
  • Ledger hardware wallet connection support
  • Keystone hardware wallet integration
  • Ability to delete individual imported wallets without uninstalling app
  • Faster app boot times
  • Better wallet management for multiple wallets
Show 5 more
  • Improved support mechanism outside of Telegram
  • Feature voting system for users
  • Wallet Connect integration
  • Better error messages and transaction feedback
  • Consistent app performance across all devices

Cypher Wallet

Not enough reviews yet to summarise bugs or requests.

In-app purchases

None

THORWallet

No in-app purchases

None

Cypher Wallet

No in-app purchases

Questions

Is THORWallet free?
THORWallet is free to download, with no in-app purchases.
Is Cypher Wallet free?
Cypher Wallet is free to download, with no in-app purchases.
Which has better reviews, THORWallet or Cypher Wallet?
Cypher Wallet is rated higher. THORWallet averages 3.9 out of 5 from 119 ratings, while Cypher Wallet averages 4.2 from 30 ratings.
Do THORWallet or Cypher Wallet have ads?
Neither THORWallet nor Cypher Wallet shows ads.
Which is updated more often, THORWallet or Cypher Wallet?
THORWallet ships an update every 2 weeks, and Cypher Wallet every 10 days. Most recently, THORWallet was updated on November 7, 2026 and Cypher Wallet on November 3, 2026.

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