Trezor Safe 5 Review (2026)
Our verdict: 4.7 / 5
The Safe 5 is Trezor's best device yet and our top pick for people who want fully open-source firmware without giving up modern hardware. A colour touchscreen, a dedicated secure element and a haptic 'shake-to-confirm' design make it genuinely pleasant to use. Coin support is narrower than Ledger's, which is the main trade-off.
How it scores
👍 Pros
- Fully open-source firmware
- Colour touchscreen, easy to read and confirm on
- Dedicated secure element (EAL6+)
- Optional passphrase and Shamir backup support
- Polished Trezor Suite app
👎 Cons
- Supports fewer coins than Ledger (1,000+ vs 5,000+)
- No Bluetooth
- Pricier than entry-level wallets
- Some less-common tokens need a third-party wallet
How it compares
| Feature | Trezor Safe 5 | Trezor Model T | Ledger Nano X |
|---|---|---|---|
| Our score | 4.7 | 4.3 | 4.8 |
| Touchscreen | Yes (colour) | Yes (colour) | No |
| Secure element | Yes | No | Yes |
| Bluetooth | No | No | Yes |
| Open source | Yes | Yes | Partial |
| Coins supported | 1,000+ | 1,000+ | 5,000+ |
| Best for | Open-source fans | Long-time Trezor users | Most people |
How we tested
We used the Safe 5 daily for six weeks across Bitcoin and Ethereum accounts, set up a passphrase-protected hidden wallet, tested a full seed-phrase recovery, and ran transactions through Trezor Suite on desktop. Our scores weight security most heavily, then everyday usability. We buy the hardware ourselves — manufacturers don't influence our verdicts.
FAQ
Is the Trezor Safe 5 better than a Ledger?
It depends on what you value. The Safe 5 wins on open-source transparency and has a nicer touchscreen; Ledger supports far more coins and adds Bluetooth on the Nano X. See our Ledger vs Trezor comparison. Whichever you pick, never share your seed phrase.
Does the secure element make the Safe 5 safer than the Model T?
It adds a hardware layer that resists physical tampering and PIN attacks, which the older Model T lacks. For most people the practical security difference is small if you follow good habits, but the Safe 5 is the more modern, hardened device. Read our guide to storing Bitcoin safely.