Head to head
Coinbase Wallet vs Trezor Safe 5
The short answer
Which should you buy?
On our fixed standard, Trezor Safe 5 earns the higher mark, 9.1 to 8.1. But the right pick depends on what you want: Coinbase Wallet is our call for best self-custody wallet from an exchange, while Trezor Safe 5 is the one to get for best open-source hardware wallet.
Choose Coinbase Wallet if you
- Are new to self-custody and want a safety-net backup
- Already use the Coinbase exchange and want to move on-chain
- Hold assets across EVM, Solana and Bitcoin
- Want a familiar, beginner-friendly wallet
Choose Trezor Safe 5 if you
- Want firmware and hardware you can audit
- Value certified security and Shamir backup
- Confirm transactions on a device touchscreen
- Also want a hardware 2FA key (FIDO2)
Side by side
Full comparison
Green marks the winner of each row| Coinbase Wallet |
Trezor Safe 5 |
|
|---|---|---|
| Our score | 8.1 / 10 | 9.1 / 10 |
| Type | Hot wallet (software) | Cold storage |
| Price | Free | $169 |
| Security | 7.6 | 9.5 |
| Ease of use | 9.0 | 8.9 |
| Assets | 8.6 | 9.0 |
| Value | 8.5 | 8.8 |
| Support | 8.2 | 8.9 |
| Recovery | 8.6 | 9.4 |
| Best for | Best self-custody wallet from an exchange | Best open-source hardware wallet |
| Maker | Coinbase | SatoshiLabs |
Read the full verdicts
The full reviews
Best self-custody wallet from an exchange
8.1
Coinbase Wallet
Coinbase self-custody wallet, where you hold your own keys, not the custodial exchange. Br...
Read full review →Best open-source hardware wallet
9.1
Trezor Safe 5
Trezor at its best: fully open-source firmware paired, at last, with an EAL6+ secure eleme...
Read full review →
The verdict
Trezor Safe 5 takes it
Trezor Safe 5 earns the higher mark on our standard, but read both reviews before you decide.