Trezor Safe 5 Review (September 2026)
Verdict: Open-source fans who want a touchscreen without paying Safe 7 prices.
Trezor Safe 5 adds a colour touchscreen with haptic feedback to the Safe 3's open-source firmware and secure element. It replaced the Model T.
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Trezor Safe 5 specs
- Screen
- Colour touchscreen with haptic feedback
- Connectivity
- USB-C
- Secure element
- Yes (EAL6+), used alongside open-source firmware
- Firmware
- Open source
- Bitcoin-only firmware
- Available
- Backup options
- 12/20/24-word backup, including multi-share (Shamir, SLIP-39) backup
- Released
- 2024
- Assets
- Thousands of assets (Trezor's claim)
See every current model side by side in our hardware wallet comparison.
Security
- Recovery phrase backup: yes
- PIN protection: yes
- Passphrase (25th word): yes
- Secure element chip: yes
- Open-source code: yes
- Multisig support: yes
- Biometric unlock: no
- Two-factor authentication: no
Features
- Built-in swap / buy: yes
- Staking: yes
- NFTs: yes
- DeFi / dApps: yes
- Browser extension: no
- Mobile app: yes
- Desktop app: yes
- Hardware wallet signing: yes
Networks: Bitcoin, Ethereum, Solana, Cardano, Polygon, Litecoin
Ease of use (editorial): 8/10
Pros and cons
Pros
- Colour touchscreen for easier address checks
- Open-source firmware plus secure element
- Multi-share (Shamir) backup
- ETH, SOL and ADA staking in Trezor Suite
Cons
- USB only: no Bluetooth
- Costs roughly twice the Safe 3 for the same core security
Security incidents (Trezor)
Company-level events that affected customers of this brand, newest first.
- A third-party support-ticketing system used by Trezor was accessed without authorisation, exposing contact details of about 66,000 people who had contacted support. Devices and funds were not affected.
Trezor Safe 5 vs Ledger Nano Gen5
| Feature | Trezor Safe 5 | Ledger Nano Gen5 |
|---|---|---|
| Type | Hardware | Hardware |
| Status | Current | Current |
| Price | $169 | $179 |
| Assets | Thousands of assets (Trezor's claim) | 15,000+ assets (Ledger's claim) |
| Open source | Yes | No |
| Secure element | Yes (EAL6+), used alongside open-source firmware | Yes (certified secure element) |
| Connectivity | USB-C | USB-C, Bluetooth, NFC |
| Screen | Colour touchscreen with haptic feedback | Touchscreen |
| Backup | 12/20/24-word backup, including multi-share (Shamir, SLIP-39) backup | 24-word recovery phrase; Ledger Recovery Key card included; optional paid Ledger Recover |
| Passphrase support | Yes | Yes |
| Multisig | Yes | Yes |
| Staking | Yes | Yes |
| DeFi / dApps | Yes | Yes |
| Mobile app | Yes | Yes |
| Desktop app | Yes | Yes |
| Browser extension | No | No |
| Ease of use (editorial) | 8/10 | 8/10 |
| Best for | Open-source fans who want a touchscreen without paying Safe 7 prices. | Phone-first users who want a touchscreen and Bluetooth at a mid-range price. |
Shaded rows differ. Read the full Ledger Nano Gen5 review.
Trezor Safe 5 FAQ
Is Trezor Safe 5 safe?
Trezor Safe 5 is a hardware wallet with a secure element chip, PIN protection, optional passphrase support and a recovery-phrase backup. Its code is open source, so outside researchers can audit it. Trezor has had 1 company-level incident affecting customers (listed on this page); none let attackers take keys from the devices themselves. Buy only from the manufacturer or an authorised reseller and never use a device that arrives with a recovery phrase already set.
How much does Trezor Safe 5 cost?
The list price is $169 (USD), a one-time purchase with no subscription.
Which coins does Trezor Safe 5 support?
Thousands of assets (Trezor's claim), including networks such as Bitcoin, Ethereum, Solana, Cardano and Polygon. Check the official supported-assets list before sending a coin.
Sources
Facts on this page were checked on against these public pages. Fees and product lineups change often; always confirm on the provider's own site.
Reader reviews
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Information only, not financial advice. Facts checked Sep 23, 2026. New to self-custody? Read crypto wallets explained.