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Ledger Nano X vs Trezor Safe 5

Comparing
two wallets
Decided by
Editorial rating
Last reviewed
2026-08-26
Ledger Nano X3.9

The cheapest Ledger with Bluetooth, now $79 on Ledger's own store, and the one to buy if you want to sign from a phone.

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 3.9 for Ledger Nano X.

Criterion
Editorial rating
Ledger Nano X
3.9
Trezor Safe 5
4.4

Ledger Nano X 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 X and Trezor Safe 5 compared fact by fact from their reviews; a check marks the side a decidable criterion favours.
FactLedger Nano XTrezor Safe 5
Editorial rating3.94.4 (favoured on this row)
StatusAvailableAvailable
Made byLedgerTrezor
Price$79$129
Who holds the keysself-custodial, keys held in a CC EAL5+ certified secure element chipself-custodial, keys held in an EAL6+ certified secure element running open source firmware
Bitcoin-onlyNoNo
Runs oniOS, Android, 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 cable or Bluetooth (BLE 5.2) for iOS and Android, with a built-in batteryUSB-C and a microSD slot; Trezor Suite on Windows, macOS, Linux and Android, view only on iOS
ReleasedMay 2019, announced at CES in January 20192024
Countries on the maker's list218No published list
Last reviewed2026-08-262026-08-25

Pros and cons, side by side

Ledger Nano X

What works

  • Bluetooth and a built-in battery let you sign from a phone with no cable attached
  • Cheapest Ledger with mobile signing at $79, marked down from $99 on Ledger's own store
  • Keys stay inside an ST33J2M0 secure element certified to CC EAL5+
  • Proven in the field since it shipped in May 2019, with years of firmware updates behind it

What to watch

  • The 128 x 64 pixel screen turns checking a long address into a multi step scroll
  • Closed source firmware, unlike Trezor and BitBox
  • The battery is not user replaceable, which caps how long it stays useful for cable free signing
  • The optional Ledger Recover service introduced in 2023 drew criticism from users who object to any firmware pathway that can export an encrypted seed

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 X or Trezor Safe 5 better?

Trezor Safe 5 rates higher on our rubric: 4.4 against 3.9 for Ledger Nano X. 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 X or Trezor Safe 5?

Ledger Nano X, at $79 against $129, on each maker's own store price as of the review date.

Is Ledger Nano X or Trezor Safe 5 bitcoin-only?

Neither: both support assets beyond bitcoin. Ledger Nano X: 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 X and Trezor Safe 5, each with its sources, and every wallet we review.

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