Head to head
Kraken 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 8.0. But the right pick depends on what you want: Kraken Wallet is our call for best open-source mobile wallet, while Trezor Safe 5 is the one to get for best open-source hardware wallet.
Choose Kraken Wallet if you
- Want a free, no-KYC self-custody mobile wallet
- Value open-source, auditable code
- Care about privacy and data minimisation
- Already use the Kraken exchange (optional linking)
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| Kraken Wallet |
Trezor Safe 5 |
|
|---|---|---|
| Our score | 8.0 / 10 | 9.1 / 10 |
| Type | Hot wallet (software) | Cold storage |
| Price | Free | $169 |
| Security | 7.9 | 9.5 |
| Ease of use | 8.8 | 8.9 |
| Assets | 8.0 | 9.0 |
| Value | 8.9 | 8.8 |
| Support | 8.0 | 8.9 |
| Recovery | 7.8 | 9.4 |
| Best for | Best open-source mobile wallet | Best open-source hardware wallet |
| Maker | Kraken | SatoshiLabs |
Read the full verdicts
The full reviews
Best open-source mobile wallet
8.0
Kraken Wallet
A free, open-source self-custody mobile wallet from the Kraken exchange, with no account o...
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.