Ledger Flex vs Trezor Safe 3: Which Wallet Should You Trust With Your Crypto?

  • Home
  • Ledger Flex vs Trezor Safe 3: Which Wallet Should You Trust With Your Crypto?
Confused between Ledger Flex vs Trezor Safe 3? Our in-depth review breaks down design, security features, and compatibility. Whether you're a crypto novice or expert, find out which wallet suits your style and budget.

So you’re stuck between the new Ledger Flex vs Trezor Safe 3? To be honest, it’s not an easy choice. That’s why I’ve put both these hardware wallets through their paces to help you figure out which one’s right for you.

In this comparison, we’re taking a look at:

  • Design and hardware: Because looks do matter (sometimes)
  • Security features: The stuff that really keeps your coins safe
  • Supported cryptocurrencies: Because variety is the spice of life
  • User experience: How it feels to actually use these things
  • Backup and recovery: For when things go sideways (and they might)
  • Extra features: The cherries on top
  • Compatibility: Will it play nice with your gear?
  • Price: Let’s talk money
  • Pros and cons: The good, the bad, and the ugly

We hope that by the end of this comparison of Trezor Safe 3 and Ledger Flex, you’ll know exactly which wallet to purchase. Let’s dig in!


Ledger Flex vs Trezor Safe 3: Product Overview

Ledger Flex

Recently, Ledger launched their new Flex wallet at the Bitcoin 2024 conference in Nashville. Talk about making an entrance! This sleek gadget is Ledger’s answer to the evolving crypto world.

Key features that caught my eye:

  • A big, readable E Ink touchscreen
  • Bluetooth for easy phone connections
  • Clear Signing to see exactly what you’re approving
  • Stores over 5,500 different coins and tokens
  • Can hold up to 100 apps
  • Shows off your favorite NFTs even when it’s off

Read the full Ledger Flex Review!

Trezor Safe 3

Trezor’s been in the game a while, and they launched the Safe 3 back in 2023. It’s like the steady, reliable friend in the crypto world.

Standout features include:

  • Super compact and lightweight design
  • Supports a whopping 9,000+ cryptocurrencies
  • Open-source for all you tech-savvy folks
  • No battery needed, ever
  • Multi-share backup for extra peace of mind
  • Works as a two-factor authentication device

Read the full Trezor Safe 3 Review!


Design and Hardware

When it comes to crypto wallets, looks aren’t everything – but they sure do matter. I’ve had both the Ledger Flex and Trezor Safe 3 in my hands, and here’s what I found:

Feature
Ledger Flex
Trezor Safe 3
Size
78.4 x 56.5 x 7.7 mm
59 x 32 x 7.4 mm
Weight
57.5g
14g
Screen
2.84″ E Ink touchscreen
0.96″ OLED
Input method
Touchscreen
Two-button pad
Materials
Aluminum frame, plastic back
PMMA plastic, aluminum backplate

My take: If you’re after a sleek, modern look with a big screen, the Ledger Flex is your guy. It’s heavier, but that E Ink screen is a game-changer for readability. The Trezor Safe 3 is more compact and lightweight – perfect if you want something that disappears in your pocket. Personally, I’m a fan of the Flex’s touchscreen, but if you prefer the tactile feel of buttons, you might lean towards the Trezor.


Security Features

Now, let’s talk about what really matters – keeping your crypto safe. Both of these wallets are fortresses, but they’ve got their own ways of doing things:

Feature
Ledger Flex
Trezor Safe 3
Secure Element
ST33K1M5 chip
Yes (specific model not disclosed)
Certification
CC EAL6+
EAL6+
PIN protection
4-8 digits
Yes (length not specified)
Passphrase
Yes
Yes
Additional security
Clear Signing on E Ink screen
On-device entry, open-source design

My verdict: It’s a tough call, folks. Both wallets use top-notch Secure Elements with EAL6+ certification – that’s military-grade stuff. The Ledger Flex’s Clear Signing on that big E Ink screen is a nice touch for peace of mind. But Trezor’s open-source approach and on-device entry are solid security features too. If you’re big on transparency, Trezor might edge out. If you want the reassurance of seeing every detail before you sign, Ledger takes the cake.

Powered by the industry-leading Secure Element chip and Ledger OS, experience seamless security on the world’s first-ever secure touchscreen.
Powered by the industry-leading Secure Element chip and Ledger OS, experience seamless security on the world’s first-ever secure touchscreen.

Supported Cryptocurrencies

Let’s face it, we all want options. Here’s how these wallets stack up in the crypto variety department:

Feature
Ledger Flex
Trezor Safe 3
Supported coins/tokens
5,500+
9,000+
NFT support
Yes (Ethereum and Polygon)
Not specified
Apps installable
Up to 100
Not specified

My thoughts: Numbers aren’t everything, but they do count for something. Trezor Safe 3 supports a whopping 9,000+ coins and tokens, which is impressive. Ledger Flex supports fewer, but still a hefty 5,500+. The Flex has a leg up with its clear NFT support and the ability to install up to 100 apps. If you’re big into NFTs or like to tinker with different apps, Ledger might be your best bet. But if you’re after sheer variety in coins and tokens, Trezor takes the crown.


User Experience

Let’s talk about how these wallets feel in day-to-day use. After all, you’ll be interacting with these devices quite a bit:

Feature
Ledger Flex
Trezor Safe 3
Setup process
Via Ledger Live app
Via Trezor Suite
Transaction signing
On E Ink touchscreen
On OLED screen with button confirmation
Connectivity
Bluetooth and USB-C
USB-C only
Companion software
Ledger Live (desktop and mobile)
Trezor Suite (desktop and web)

My take: The Ledger Flex wins points for flexibility with both Bluetooth and USB-C options. Its touchscreen makes navigating and confirming transactions a breeze. The Trezor Safe 3 keeps it simple with just USB-C, which some might prefer for security reasons. Both have user-friendly companion apps, but I find Ledger Live a bit more polished, especially on mobile. If you’re always on the go, Ledger’s Bluetooth connectivity could be a game-changer. But if you prefer a no-frills, straightforward approach, Trezor’s button-based interface is rock-solid.


Backup and Recovery

Losing access to your crypto is a nightmare scenario. Here’s how these wallets have got your back:

Feature
Ledger Flex
Trezor Safe 3
Backup method
24-word recovery phrase
12-, 20-, or 24-word recovery phrase
Recovery process
Via Ledger Live
Via Trezor Suite
Multi-share backup
Not Available
Available (called Shamir Backup)

My verdict: Both wallets use the industry-standard recovery phrase method, which is reassuring. Trezor offers more flexibility with different phrase lengths, and their Shamir Backup feature is a nice touch for the security-conscious. It lets you split your backup into multiple shares, so no single point of failure exists. Ledger keeps it straightforward with a standard 24-word phrase. In my book, Trezor edges ahead in this department, especially if you’re the type who likes extra layers of security. But let’s be real – as long as you keep that recovery phrase safe, both options have you covered.


Additional Features

Now, let’s look at some of the bells and whistles that set these wallets apart:

Feature
Ledger Flex
Trezor Safe 3
Clear Signing
Yes, on E Ink screen
Not available
Customization
Display NFTs/images when off
Not available
Battery life
Up to 10 hours / 150 transactions
N/A (no battery)
2FA and FIDO2
Not specified
Supported

My thoughts: The Ledger Flex shines with its Clear Signing feature and customizable display – showing off your favorite NFT when the device is off is a cool touch. The battery life is impressive too, making it great for on-the-go use. On the flip side, the Trezor Safe 3 doesn’t need charging, which is convenient in its own way. It also supports two-factor authentication and the FIDO2 standard, which is great for overall digital security beyond just crypto.

If you’re all about the crypto experience and want some flash, the Ledger Flex delivers. But if you’re looking for a wallet that doubles as a security key for your other online accounts, the Trezor Safe 3 has that covered.

Remember, folks, there’s no one-size-fits-all in the crypto world. The Ledger Flex is sleek, modern, and feature-packed, great for those who want a premium feel and don’t mind charging another device. The Trezor Safe 3 is more understated but rock-solid, perfect if you want a no-nonsense wallet that just works. Think about how you’ll use it day-to-day, and choose the one that fits your style!


Compatibility

In today’s multi-device world, a wallet that plays nice with all your gadgets is a must. Let’s see how our contenders stack up:

Feature
Ledger Flex
Trezor Safe 3
Desktop OS
Windows 10/11, macOS, Ubuntu
Windows, macOS, Linux
Mobile OS
iOS 14+, Android 10+
Not directly supported
Other
Not compatible with Chromebooks
Compatible with Chrome OS

My take: The Ledger Flex is the clear winner when it comes to mobile compatibility. Being able to manage your crypto on your phone is a huge plus in my book. Both wallets cover all the major desktop operating systems, which is great. Trezor gets a small edge for Linux users with its broader support, including Chrome OS. But if you’re a mobile-first user, Ledger Flex is the way to go. Just remember, Chromebook users – you’ll need to look at Trezor for native support.


Price Comparison

Now, let’s talk money. After all, we’re dealing with financial tools here:

Feature
Ledger Flex
Trezor Safe 3
Initial Cost
$279
$79
What’s in the box
Device, USB-C cable, Recovery sheet, Guide
Device, USB-C cable, 2 Backup cards, Guide, Stickers

My verdict: There’s no sugar-coating it – the Ledger Flex is significantly pricier. You’re paying a premium for that sleek design, E Ink screen, and mobile compatibility. The Trezor Safe 3, at less than a third of the price, offers incredible value for money. It’s got all the essential security features without the frills.

In terms of value, it really depends on what you’re after. If you want the latest tech and a premium feel, the Ledger Flex might be worth the splurge. But if you’re looking for a solid, no-nonsense security solution for your crypto, the Trezor Safe 3 is tough to beat at that price point.


Pros and Cons

Let’s break it down to the nitty-gritty:

Ledger Flex

Pros:

  1. Large, user-friendly E Ink touchscreen
  2. Mobile compatibility with Bluetooth
  3. Sleek, premium design
  4. Clear Signing feature for enhanced security
  5. Can display NFTs when turned off

Cons:

  1. Significantly more expensive
  2. Needs charging
  3. Less open-source than Trezor
Trezor Safe 3

Pros:

  1. Very affordable
  2. Compact and lightweight
  3. No need for charging
  4. Open-source design for transparency
  5. Supports more cryptocurrencies

Cons:

  1. Smaller screen
  2. No Bluetooth connectivity

Making the Right Choice: Ledger Flex or Trezor Safe 3?

Look, both wallets are solid, but here’s the deal: If you’re new to crypto or on a budget, go for the Trezor Safe 3. It’s a steal at $79, super secure, and does the job without fuss.

But if you’re a crypto enthusiast who’s always on the move and loves cool tech, splash out on the Ledger Flex. That big E Ink screen and mobile app make managing your crypto a breeze. Yeah, it’s pricier at $279, but think of it as investing in a smoother crypto experience.

Either way, your digital coins are in safe hands!


Bottom Line

After playing with both the Flex and Safe 3, here’s what I think:

The “best” wallet depends on what you need. Think about what matters most to you – be it design, security features, or the range of supported cryptocurrencies – and choose accordingly. Both of these wallets are solid choices, so you can’t go wrong either way!

Happy hodling!


Read also 

Ledger Flex vs Trezor Safe 5

Trezor Model T vs Ledger Flex

Ledger Flex vs Trezor Model One