Head to head
Ledger Nano S 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 8.2. But the right pick depends on what you want: Ledger Nano S is our call for the classic budget cold wallet, while Trezor Safe 5 is the one to get for best open-source hardware wallet.
Choose Ledger Nano S if you
- Already own a Nano S and hold a few major assets
- Want proven, offline key storage on a budget
- Prefer a wired-only device with no wireless
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| Ledger Nano S |
Trezor Safe 5 |
|
|---|---|---|
| Our score | 8.2 / 10 | 9.1 / 10 |
| Type | Cold storage | Cold storage |
| Price | discontinued (see Nano S Plus) | $169 |
| Security | 9.3 | 9.5 |
| Ease of use | 8.0 | 8.9 |
| Assets | 7.6 | 9.0 |
| Value | 8.6 | 8.8 |
| Support | 8.4 | 8.9 |
| Recovery | 9.0 | 9.4 |
| Best for | The classic budget cold wallet | Best open-source hardware wallet |
| Maker | Ledger | SatoshiLabs |
Read the full verdicts
The full reviews
The classic budget cold wallet
8.2
Ledger Nano S
The compact original that made Ledger a household name. Its certified secure chip is as sa...
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.