Gemini Wallet vs Trezor Safe 5
Which should you buy?
On our fixed standard, Trezor Safe 5 earns the higher mark, 9.1 to 7.0. But the right pick depends on what you want: Gemini Wallet is our call for best insured custodial wallet, while Trezor Safe 5 is the one to get for best open-source hardware wallet.
Choose Gemini Wallet if you
- Want a regulated, insured custodian over self-custody
- Value a New York trust charter and SOC audits
- Will use ActiveTrader to avoid the high simple-mode fees
- Want the option of a self-custody wallet from the same brand

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)
Full comparison
Green marks the winner of each row| GeGemini Wallet | Trezor Safe 5 |
|
|---|---|---|
| Our score | 7.0 / 10 | 9.1 / 10 |
| Type | Regulated exchange wallet | Cold storage |
| Price | Free | $169 |
| Security | 8.6 | 9.5 |
| Ease of use | 8.4 | 8.9 |
| Assets | 7.8 | 9.0 |
| Value | 6.6 | 8.8 |
| Support | 6.6 | 8.9 |
| Recovery | 8.2 | 9.4 |
| Best for | Best insured custodial wallet | Best open-source hardware wallet |
| Maker | Gemini | SatoshiLabs |
The full reviews
Gemini Wallet
The wallet inside the Winklevoss-founded Gemini exchange is heavily regulated and insured,...
Read full review →Trezor Safe 5
Trezor at its best: fully open-source firmware paired, at last, with an EAL6+ secure eleme...
Read full review →Trezor Safe 5 takes it
Trezor Safe 5 earns the higher mark on our standard, but read both reviews before you decide.