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Ledger Nano S Plus vs Trezor Safe 5

Comparing
two wallets
Decided by
Editorial rating
Last reviewed
2026-08-26
Ledger Nano S Plus4.3

Ledger's $59 entry device: the same certified secure element as the $399 Stax, no Bluetooth, and no iPhone support at all.

Trezor Safe 54.4

Trezor's touchscreen model at $129: a color display and haptic feedback over the same secure element the $59 Safe 3 uses.

Verdict: Trezor Safe 5

Trezor Safe 5 rates higher on our rubric: 4.4 against 4.3 for Ledger Nano S Plus.

Criterion
Editorial rating
Ledger Nano S Plus
4.3
Trezor Safe 5
4.4

Ledger Nano S Plus and Trezor Safe 5, fact by fact

Every row is from the two reviews as of their review dates, with sources on each. A check marks the side a decidable criterion favours; rows without one are information, not a score.

Ledger Nano S Plus and Trezor Safe 5 compared fact by fact from their reviews; a check marks the side a decidable criterion favours.
FactLedger Nano S PlusTrezor Safe 5
Editorial rating4.34.4 (favoured on this row)
StatusAvailableAvailable
Made byLedgerTrezor
Price$59$129
Who holds the keysself-custodial, keys held in a CC EAL6+ certified secure element chipself-custodial, keys held in an EAL6+ certified secure element running open source firmware
Bitcoin-onlyNoNo
Runs onAndroid, Windows, macOS, LinuxAndroid, Windows, macOS, Linux
Screen1.1 inch monochrome OLED, 128 x 64 pixels, with two physical buttons1.54 inch color touchscreen, 240 x 240 pixels, Gorilla Glass 3, with haptic feedback
ConnectivityUSB-C only, for desktop and Android use; no Bluetooth and no batteryUSB-C and a microSD slot; Trezor Suite on Windows, macOS, Linux and Android, view only on iOS
Released20222024
Countries on the maker's list218No published list
Last reviewed2026-08-262026-08-25

Pros and cons, side by side

Ledger Nano S Plus

What works

  • Cheapest current Ledger at $59 on Ledger's own store
  • Same ST33K1M5 secure element, certified to CC EAL6+, as the $399 Stax
  • Far more coin app storage than the original Nano S it replaced
  • No Bluetooth and no battery, so there is no radio attack surface and nothing to wear out

What to watch

  • No iOS support: Ledger's system requirements list Windows, macOS, Ubuntu and Android only
  • Cable only, so you cannot sign from a phone without plugging in
  • The 128 x 64 pixel screen turns checking a long address into a multi step scroll
  • Closed source firmware, unlike Trezor and BitBox

Trezor Safe 5

What works

  • Color touchscreen with haptic feedback makes address verification far easier to read than a two button screen
  • EAL6+ certified secure element with fully open source firmware, the same pairing as the Safe 3
  • Multi-share (Shamir) backup, microSD slot and FIDO2 two factor support
  • A Bitcoin-only edition strips every other chain out of the firmware

What to watch

  • More than twice the price of the Safe 3 for the same security model
  • iOS is view only: no setup, sending or device management from an iPhone
  • SecurityWeek reported in August 2026 that a breach at fulfilment partner ShipMonk exposed about 14,000 customers' shipping details
  • Trezor publishes no list of countries it ships to, only a checkout drop-down

Frequently asked questions

Is Ledger Nano S Plus or Trezor Safe 5 better?

Trezor Safe 5 rates higher on our rubric: 4.4 against 4.3 for Ledger Nano S Plus. The rating follows the product rubric published on our about page; the rows above set custody, price and platforms side by side so you can check it.

Which is cheaper, Ledger Nano S Plus or Trezor Safe 5?

Ledger Nano S Plus, at $59 against $129, on each maker's own store price as of the review date.

Is Ledger Nano S Plus or Trezor Safe 5 bitcoin-only?

Neither: both support assets beyond bitcoin. Ledger Nano S Plus: Bitcoin plus more than 500 assets in the Ledger Wallet app, and thousands more through third party wallets. Trezor Safe 5: Multi edition manages thousands of coins and tokens; a separate Bitcoin-only edition is also sold.

The full reviews: Ledger Nano S Plus and Trezor Safe 5, each with its sources, and every wallet we review.

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