Trezor Safe 5 brings a fresh upgrade to hardware wallet security. It combines a powerful EAL6+ Secure Element chip with a bright color touchscreen and open-source firmware. The wallet supports over 9,000 coins and offers advanced backup options like Shamir’s SLIP39. You get complete control over your assets with features like Coin Control, Tor support, and passphrase protection.
Read our Trezor Safe 5 review and learn bout its features, pros, cons, and is Trezor Safe 5 safe wallet for you. You will learn what makes it different from older Trezor models and how it compares with other wallets like Ledger Nano X and ELLIPAL Titan.
Real User Safe 5 Reviews
1. “I bought the Trezor 5 about a month ago. Pros: Easy set up … App is super simple. Cons: You can’t see your balances on the device, need to check on Suite App … updates seem slow.”
2. “I have two Safe 5 and they are great. Need more coin support, but they do exactly what they are supposed to do.”
3. “Trezor Safe 5 software is pretty easy to navigate and use. Buy directly from Trezor. and yes, Safe 5 is working great for me so far … Extremely easy to use and reliable.”
4. “I chose it because of the company, strict open source policy … latest EAL6+ technology without unnecessary things … really like the design.”
5.“Finally decided to get the Safe 5 … wasn’t expecting it to be so light and plasticity … surprised to see markings are laser etched. To be honest, i don’t like build quality”
6. “Secure element chip means diddly squat if you are using a passphrase. Chip delays attacker but long passphrase is better.”
(100% Real User Reviews, scraped from review sites)
Trezor Safe 5 Hardware Wallet Review: Quick Summary
| Category | Detail |
|---|---|
| Product name | Trezor Safe 5 (universal firmware or Bitcoin‑only edition) |
| Launch date | Released June 14, 2024 (debut at BTC Prague 2024) |
| Display | 1.54″ 240 × 240 px color touchscreen, haptic feedback |
| Glass surface | Gorilla® Glass 3 scratch‑resistant all‑glass |
| Connectivity | USB‑C connection, cable included |
| MicroSD slot | Yes |
| Firmware editions | Universal firmware supports 8,000s of coins & tokens; Bitcoin‑only firmware available |
| Security chip | NDA‑free EAL 6+ certified Secure Element |
| PIN / Passphrase | On‑device PIN entry; optional passphrase feature |
| Backup types | SLIP‑39 20‑word default; legacy 12‑word or 24‑word BIP‑39; Advanced Multi‑share Backup support |
| Privacy features | Coin‑control; Tor support via Trezor Suite |
| Authentication use-case | FIDO2 two‑factor authentication allowed |
| Processor | 160 MHz ARM Cortex‑M33 embedded CPU |
| Size / Weight (device) | 65.9 × 40 × 8 mm; 23 g (2.6 × 1.6 × 0.3 in; 0.8 oz) |
| Package size / weight | 145 × 92 × 21 mm; 75 g (5.7 × 3.6 × 0.8 in; 2.6 oz) |
| Operating temperature | –20 °C to +60 °C (–4 °F to +140 °F) |
| Material and build | PC‑ABS plastic, tamper‑evident casing, anodized aluminium backplate, laser engraving |
| In‑box contents | Device; USB‑C→USB‑C cable; 2 × 20‑word backup cards; start guide; stickers |
| Certifications | CE, RoHS certified; X‑ray safe; air‑travel approved |
| Ecosystem integration | Works with Trezor Suite (desktop/mobile); third‑party wallet app support |
| Unboxing authenticity | Tamper‑evident holographic seal over connector; bootloader + firmware signature verification during setup |
| Recovery options | Restore via 12‑, 20‑, or 24‑word backups; multiple passphrase wallets possible |
| NFT support | NFTs on supported chains; viewing/interacting requires third‑party wallet app |
| Privacy data retention | Personal data deleted 90 days post‑purchase if bought via Trezor shop |
Trezor Safe 5 Review: What is It?
Trezor Safe 5 is a new hardware wallet made by Trezor. It helps you keep your cryptocurrency safe offline. You can use it to store coins like Bitcoin, Ethereum, and thousands of other tokens. It works with Trezor Suite and supports both Universal firmware and Bitcoin-only firmware.
The device comes with a strong security chip called a Secure Element. This chip is EAL 6+ certified. It protects your private keys from hackers. The device also lets you use a PIN and an optional passphrase to add more protection. The screen is a 1.54-inch color touchscreen. It is bright, easy to use, and has haptic feedback. The front is made of strong Gorilla Glass 3, so it doesn’t scratch easily. The wallet has a USB-C port and also a microSD card slot. You can use the microSD card for encrypted storage and backups.
One of the best features of Trezor Safe 5 is its backup option. It uses a 20-word backup called SLIP-39. You can also use the older 12-word or 24-word BIP-39 backups if you want. It supports advanced multi-share backups too. The wallet is small and light. It only weighs 23 grams and can fit in your pocket. It is built with high-quality plastic and has a strong aluminium backplate. You also get two backup cards, a USB-C cable, and stickers in the box.
Trezor Safe 5 supports coin control, Tor for privacy, and FIDO2 for two-factor login. You can even connect it to third-party wallet apps.
Safe 5 Pros
- Uses EAL6+ Secure Element chip for strong physical and data protection
- Fully open-source firmware ensures full code transparency and auditability
- Supports over 8,000 coins and tokens including major chains and ERC-20 assets
- Features a color touchscreen with haptic feedback and Gorilla Glass protection
- Offers advanced SLIP39 Shamir backup and legacy BIP39 recovery support
- Works with Trezor Suite and 40+ third-party wallets like MetaMask and Electrum
Safe 5 Cons
- No Bluetooth or mobile app support, needs USB-C connection to computer
- Trezor Suite lacks native NFT management or staking tools
- No internal battery, depends fully on external USB power
- No support for iOS or Android via native app interface
- Limited touchscreen size may feel cramped for large hands during input
Read more: Ledger vs Trezor
Trezor Safe 5 Security Features: Is It Safe or a Scam?
Trezor Safe 5 is not a scam. It is a genuine and best crypto hardware wallet made by Trezor, a trusted company in the crypto industry since 2013. The wallet uses EAL6+ Secure Element, open-source firmware, and advanced backup options like Shamir (SLIP39).
It supports full privacy tools like Coin Control and Tor. It is sold on the official Trezor website and verified retailers only. The product is CE and RoHS certified. No scam signs found in reviews, community forums, or real-user feedback.
CC EAL6+ Secure Element Chip
Trezor Safe 5 includes an NDA‑free Secure Element chip certified to Common Criteria EAL6+. This chip is the OPTIGA™ Trust M (V3).
You enter your PIN on the device. The PIN never leaves the Secure Element. The chip uses your PIN and an internal secret to decrypt your private keys. After 16 wrong PIN attempts, the chip erases the secret, resetting the device. Your funds remain safe if you have a valid backup.
The Secure Element also verifies that the device is genuine. It holds a certificate from Trezor. During setup, it confirms the hardware is authentic.
The EAL6+ rating shows the chip was tested against sophisticated physical and software-based attacks, including fault injection and side-channel analysis. Our Trezor Safe 5 review shows that it chose a chip with full public documentation (NDA-free) so researchers can audit it themselves.
This chip adds a strong hardware layer that protects your keys even if someone steals your device. It prevents attackers from extracting secrets or bypassing PIN checks. It makes the Safe 5 far more secure than wallets lacking such a chip.
PIN and Passphrase
Trezor Safe 5 requires a device PIN. You choose a PIN (4–50 digits) and enter it on the touchscreen of Safe 5. The PIN is enforced and stored inside the Secure Element—all hardware‑based protection. The PIN never leaves the chip.
After 16 failed PIN attempts, the device clears its internal secret. This resets the device. If you lose the PIN, you must use your backup to recover your wallet. Without a backup, you lose funds.
The optional passphrase feature adds an extra secret phrase on top of your seed words. You can create multiple hidden wallets, each tied to a distinct passphrase. Each passphrase corresponds to a unique wallet. You enter the passphrase on device touchscreen or in Trezor Suite.
The passphrase is not stored by Trezor. If you forget or lose it, you cannot recover those funds, even with your backup. Trezor cannot reset or recover it for you. You must write it down physically and keep it separate from backup seeds.
These features give you strong physical protection (PIN) and optional hidden-account privacy (passphrase) with high security.
Open-Source Firmware
Trezor Safe 5 runs open‑source firmware. The design is transparent. You and independent experts can check the code at any time.
Every firmware release is published publicly. You can review the code that handles private keys, transactions, backup flows, and security checks. This transparency builds trust. It avoids hidden backdoors or closed‑source vulnerabilities.
Trezor integrates the open‑source firmware with the Secure Element chip. The chip enforces PIN entry and confirms genuine hardware. The firmware handles user interface, seed generation, account logic, all auditable and visible.
You must update the firmware only through the official Trezor Suite. This ensures the update is signed and authentic. You can confirm the firmware’s identity on‑device. You should avoid malware or tampered firmware.
Read More: best cold storage crypto wallets
Shamir Backup (SLIP39)
Trezor Safe 5 uses the SLIP39 backup standard by default. This uses a 20-word mnemonic as a Shamir Secret Sharing backup system. You can choose single-share (1-of-1) or multi-share backup.
SLIP39 lets you split your seed into up to 16 recovery shares. You need to set a threshold – how many shares you need to recover. For example, “2-of-3” means 3 shares created, 2 required. This adds redundancy: lose one share, you still recover.
You can use SLIP39 backups long-term and add new shares or adjust the threshold later, without moving funds. This flexibility isn’t possible with BIP39.
Devices with firmware 2.7.2 or newer, including Safe 5, support SLIP39 Multi‑share. Older firmware cannot recover multi‑share setups.
Trezor also allows legacy backup: 12- or 24‑word BIP39. But 20‑word SLIP39 is recommended for new setups, due to flexibility and safety.
Coin Control and Tor Browser Support
Trezor Safe 5, via Trezor Suite, supports Coin Control and Tor for privacy-enhancing use.
Coin Control lets you choose exactly which UTXOs (unspent Bitcoin outputs) you spend. You can manually select coins in the Send tab of Trezor Suite. It prevents automatic mixing of inputs. This gives you control over privacy, fees, and address use. You must pick enough coins to cover the amount and fees. You also avoid creating dust outputs (< 546 sats).
Tor support lets you route your Trezor Suite’s network traffic through Tor. This hides your IP and enhances anonymity. It prevents entity correlation between your wallet and network activity. It protects your identity when using crypto services via Suite, especially when sending or receiving funds.
These privacy tools let you maintain full control of coin flow and shield your identity while transacting. You don’t leak data to external parties. You keep your crypto actions private.
What is the Trezor Safe 5 Price?
The Trezor Safe 5 costs USD 169 on Trezor’s official website. The Bitcoin‑only edition also lists at USD 169. In some sales or bundle offers, the price may appear around USD 135, but the standard list price remains USD 169 for both the universal and Bitcoin‑only models.
Trezor Safe 5 Supported Coins
Trezor Safe 5 supports over 8,000 coins and tokens using the Universal firmware. Major supported assets include Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Cardano (ADA), BNB, XRP, Dogecoin (DOGE), Polygon (MATIC), and ERC-20 tokens like USDT, USDC, and DAI.
You can manage these through Trezor Suite or third-party apps like MetaMask, Exodus, or Electrum. The wallet also supports NFTs on Ethereum and EVM chains through integrations. If you install the Bitcoin-only firmware, it supports only BTC. Trezor updates supported assets regularly.
Read More: Best Solana wallets
Trezor Models Comparison
Here is a comparison table between Trezor Safe 3, Trezor Safe 5, and Trezor Model T:
| Feature | Trezor Safe 3 | Trezor Safe 5 | Trezor Model T |
|---|---|---|---|
| Launch Year | 2023 | 2024 | 2018 |
| Price (USD approx) | $79 | $169 | $129 |
| Screen | 0.96″ monochrome OLED (128×64 px) | 1.54″ color touchscreen (240×240 px) | 1.54″ color touchscreen (240×240 px) |
| Touchscreen | ❌ | ✅ with Gorilla Glass 3 & haptic | ✅ (no Gorilla Glass, no haptic) |
| Secure Element Chip | EAL6+ certified | EAL6+ certified | ❌ |
| Processor | ARM Cortex-M33 (160 MHz) | ARM Cortex‑M33 (160 MHz) | ARM Cortex-M4 (180 MHz) |
| MicroSD Slot | ❌ | ✅ | ✅ |
| Supported Coins | 7,000+ | 8,000+ | ~8,000+ |
| Backup Options | BIP39 (12/24) + SLIP39 | BIP39 + SLIP39 | BIP39 + SLIP39 |
| FIDO2 / Authentication | Yes | Yes | Yes |
| Coin Control / Privacy | Yes (via Suite) | Yes (via Suite) | Yes (via Suite) |
| Weight and Size | 14 g; 59×32×7.4 mm | 23 g; 65.9×40×8 mm | ~22 g; 64×39×10 mm |
The Safe 3 is the most affordable Trezor ($79), compact and light, and offers strong security via its EAL6+ secure element, monochrome display, and SLIP39 backup.
The Model T ($129) adds a color touchscreen and microSD slot but lacks a secure element. The Safe 5 (~$169) merges both: it has a modern secure element, Gorilla Glass touchscreen with haptic feedback, microSD support, and broad coin coverage.
It uses the newer ARM Cortex‑M33 chip. Safe 5 delivers advanced security and usability if you’re willing to pay more. Choose Safe 3 for budget, Model T for touchscreen value, or Safe 5 for premium security.
Trezor Safe 5 Alternative Hardware Wallets
| Factor | Trezor Safe 5 | Ledger Nano X | ELLIPAL Titan 2.0 |
|---|---|---|---|
| Secure Element | NDA‑free CC EAL6+ Secure Element | CC EAL5+ certified Secure Element | CC EAL5+ certified Secure Element |
| Screen | 1.54″ color touchscreen, 240 × 240 px, haptic, Gorilla Glass 3 | Small OLED display, buttons (no touchscreen) | 4.0″ IPS color touchscreen, HD resolution |
| Connectivity | USB‑C only (air‑gapped except cable) | USB‑C and Bluetooth encrypted wireless | Fully air‑gapped via QR codes; no USB, no Bluetooth |
| Size (mm) | 65.9 × 40 × 8 mm | 72 × 18.6 × 11.75 mm | 118 × 66 × 9.7 mm |
| Weight | ~23 g | ~34 g | ~140 g |
| Battery | None (USB-powered) | 100 mAh battery (built-in) | 1400 mAh battery |
| Backup Options | SLIP39 (20‑word Shamir), legacy BIP39 | Standard 24‑word BIP39 | Standard 12/24‑word BIP39; passphrase + recovery sheets |
| Coin/token support | Over 9,000 tokens and coins | Over ~5,000 tokens, install up to ~100 apps | Over 10,000 coins/tokens across 50+ blockchains |
| Coin Control / Privacy | Yes (via Trezor Suite) | Limited; spends UTXO management via Ledger Live | Limited; transactions via app + QR, no coin-level control |
| Firmware & Trust | Fully open-source firmware; signed via Trezor Suite | Closed-source BOLOS OS; signed firmware | Closed-source firmware; updates via microSD offline |
| Authentication features | FIDO2, passphrase, PIN, multi-share backup (SLIP39) | PIN, passphrase support, Bluetooth access | PIN, gesture PIN, hidden wallets; self-destruct on tamper |
| Price (approx) | USD 169 | ~USD 149 | USD 129 standard; bundle optional (~USD 199) |
Related: Ledger Nano X review
Trezor Safe 5 Unboxing and Setting Up
Step 1: Unboxing Contents
When you open the box, you should find:
- A Trezor Safe 5 device with a tamper‑evident holographic seal covering the USB‑C connector
- A USB‑C → USB‑C cable
- A “Get Started” card
- Two wallet backup cards for recording the 20‑word SLIP39 seed
- A quick start guide and stickers
Check that the holographic seal is intact. If the seal is broken or the box shows damage, do not use the device and contact Trezor Support.
Step 2: System Requirements and Software Setup
Before beginning the setup process, you need a desktop or laptop computer running Windows, macOS, or Linux. You must install Trezor Suite, which is the official desktop application for managing your Trezor wallet. Once Trezor Suite is installed, connect the Safe 5 using the provided cable.
When powered on for the first time, the device will prompt you to install firmware. Trezor Safe 5 is shipped without firmware for security reasons. Firmware is securely downloaded and installed directly through Trezor Suite, ensuring you are running the latest verified version.
Step 3: Authenticating the Device
After firmware installation, the Trezor Suite will automatically check the authenticity of the device. This verification process uses the built-in Secure Element chip, which is Common Criteria EAL6+ certified.
The chip verifies whether the internal secrets and hardware signatures match the original manufacturer data. This check ensures the device is not counterfeit or altered. Once verified, the setup process continues on the device screen.
Step 4: Creating a New Wallet and Backup
Next, you will choose whether to create a new wallet or recover an existing one. For new wallets, the device will offer you two types of backup options: single-share or multi-share backup using the SLIP39 standard. The default choice is the single-share backup, which is recommended for most users.
The Safe 5 will then display a sequence of 20 unique recovery words directly on its color touchscreen. These words must be written down in exact order on the provided backup card. You will be asked to verify a few selected words to confirm accuracy. This seed is the only way to recover your wallet in the future, so secure physical storage is critical.
Step 5: Setting the Device PIN
Once the backup is complete and verified, you will be prompted to create a PIN code for the device. The PIN must be entered directly on the touchscreen.
You can choose a PIN between 4 and 50 digits in length. This PIN is stored securely inside the device’s Secure Element. If someone tries to access the wallet by guessing the PIN, the chip will gradually increase the delay between attempts, and after 16 incorrect entries, the internal secrets will be wiped automatically.
Step 6: Coin Activation and Customization
After setting the PIN, you can choose which cryptocurrencies to display in the Trezor Suite. The Trezor Safe 5 supports over 9,000 coins and tokens, including Bitcoin, Ethereum, ERC-20 tokens, Cardano, and many others. You can later add or remove coins from the Suite settings.
The final step allows optional customization. You can assign your device a unique name and upload a custom wallpaper image to display on the 1.54-inch touchscreen. The image must be a 240×240 pixel JPEG file and should be under 16 KB in size.
Step 7: Completing Setup and Getting Started
Once the setup steps are complete, Trezor Suite will take you to your wallet dashboard. From there, you can start managing your crypto. You can send and receive assets, label transactions, use coin control to select UTXOs manually, and enable privacy tools such as Tor.
The Safe 5 also supports advanced features like passphrase-protected hidden wallets, multi-share SLIP39 backup recovery, microSD encryption, and FIDO2 login for passwordless authentication.
Final Verdict on Trezor Safe 5 Wallet Review
To sum up our Trezor Safe 5 review, it is a powerful and secure hardware wallet. It gives strong protection with its EAL6+ Secure Element chip, open-source firmware, and touchscreen display. The wallet supports over 9,000 coins and offers both standard and Shamir backup options.
It also has useful features like passphrase wallets, coin control, and Tor support. Setup is simple, and everything stays offline for better safety. You can trust it for storing large amounts of crypto. It is a bit expensive, but the features and security are worth the price. If you want full control of your crypto with top-level protection, Trezor Safe 5 is a great choice.
Related: Most secure hardware wallet for Bitcoin
FAQs (Review on Trezor Safe 5)
Is Trezor Safe a good wallet?
Yes, Trezor Safe 5 is a solid wallet. It offers transparency with open‑source firmware and strong hardware protection through its NDA‑free EAL 6+ Secure Element chip. It supports over 8,000 coins and tokens, offers programmable SLIP39 backups, and full control over offline keys.
How safe is the Trezor wallet?
Trezor Safe 5 is highly secure. The EAL 6+ Secure Element keeps your PIN and keys isolated from attacks. The firmware is open‑source and verifiable. It includes optional passphrase protection, multi-share backup recovery, privacy tools like coin control and Tor, and FIDO2 authentication. Your private key never leaves the device.
Should you buy Trezor Safe 5?
If you want top-tier security and full transparency, Safe 5 is a strong pick. It costs about USD 169 and includes a color touchscreen, EAL 6+ chip, and SLIP39 backup flexibility. It integrates with Trezor Suite and many third-party apps. It’s ideal for users who manage large amounts or require advanced features.
Does Trezor Safe 5 have a security chip?
Yes. Trezor Safe 5 includes an NDA‑free Secure Element certified to EAL 6+, combining hardware isolation and firmware checking. It verifies device authenticity and protects against physical and software attacks. The PIN is stored inside this chip and malicious access wipes the secret after 16 wrong attempts.
What is the difference between Trezor Model T and Safe 5?
Trezor Safe 5 and Model T both feature touchscreens and support SLIP39 backup. But Safe 5 adds the Secure Element chip certified EAL 6+, haptic feedback, scratch‑resistant Gorilla Glass, and a microSD slot. Model T lacks the Secure Element, has slower hardware, and no microSD support. Safe 5 offers stronger security and a more polished UX.
What is the difference between Trezor Safe 3 and Safe 5?
Safe 3 uses a two-button interface, while Safe 5 has a full color touchscreen with haptics and Gorilla Glass. Both include the same EAL 6+ Secure Element. Safe 5 offers microSD backing, more responsive user interaction, and expanded recovery share options. It is a clear upgrade in usability while keeping equivalent security.
Can I use the Trezor Safe 5 with third-party wallets?
Yes. Trezor Safe 5 supports integration with over 40 third‑party wallet apps such as MetaMask, Electrum, Exodus, and Rabby. These apps let you access staking, DeFi, NFTs, or blockchains not directly supported by Suite. Your private keys remain on the device even during interactions with the external applications.
Does Trezor Safe support staking?
Yes. Safe 5 supports staking via Trezor Suite and compatible third‑party integrations. You can stake supported tokens like ADA or ETH through Suite or outside apps while your keys stay offline. Trezor itself doesn’t control staking risk; rewards and slashing depend on the blockchain staking protocol you use.
Does Trezor Safe 5 support NFTs?
Yes. Safe 5 can hold NFTs on supported chains like Ethereum, as long as you use a third‑party wallet such as MetaMask or Rabby. Trezor Suite does not currently support NFT viewing or interaction, so you must connect with an external app to manage them while keeping secure offline keys .
What should I do if I lose my Trezor Safe 5?
If you lose your Safe 5, you can recover coins using your seed backup. If you used SLIP39 or a legacy 12/24‑word backup plus passphrase (if enabled), you can use them to restore your wallet on a new Trezor or compatible hardware wallet. You must keep your backup seed and any passphrase secure, no device data remains recoverable without those.
