SafePal S1 vs Trezor Model One: Which Wallet Is Worth Your Money?

SafePal S1 vs Trezor Model One—Which wallet offers better protection for your crypto? With security being a top priority for crypto owners, it’s crucial to pick the right hardware wallet. But how do you choose between the SafePal S1 and Trezor Model One? In this comparison, we’ll examine the pros and cons of each wallet to help you decide which one is right for you.

Side-by-Side Comparison: SafePal S1 vs Trezor Model One

SafePal vs Trezor – Overview

What is SafePal S1?

The SafePal S1, introduced in 2018 by the Binance-backed SafePal, is a highly secure, air-gapped hardware wallet designed to keep your crypto assets safe. Originating from Singapore, SafePal also offers the S1 Pro and the advanced X1 for more premium needs. Known for its affordable price, the S1 supports over 9,000 cryptocurrencies and provides robust security features like anti-tamper mechanisms, making it an ideal choice for users focused on maximum offline security.

What is Trezor Model One?

The Trezor Model One, launched in 2014 by SatoshiLabs in the Czech Republic, is one of the most trusted names in the hardware wallet market. It supports thousands of cryptocurrencies and is renowned for its simplicity and reliability. Alongside the Model One, Trezor also offers the Model T, the Safe 3, and Safe 5 for users who seek additional features and security options.

Design and Build Quality

When it comes to design, the SafePal S1 is impressively compact, about the size of a credit card. It feels light in hand, thanks to its ABS and PVC material, and its 1.3-inch color screen gives it a modern, intuitive vibe. Navigating through its D-pad controls feels natural, almost like using a tiny gaming console. The built-in camera for QR code scanning is a nice touch, making transactions seamless without any wired or wireless connections.

On the other hand, the Trezor Model One sticks to a minimalistic and durable design. It’s smaller than the SafePal S1, with a 0.96-inch monochrome OLED screen that’s functional but less vibrant. The two-button layout is straightforward and reliable for anyone who prefers simplicity. Its PC/ABS casing feels sturdy, built to withstand daily use, and even the buttons are rated for over 200,000 clicks.

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Price and Value

Price-wise, both wallets are almost neck-and-neck. The SafePal S1 costs $49.99, while the Trezor Model One is priced slightly lower at $49. But here’s the thing: the S1 packs some serious value for its price. You’re getting a hardware wallet with an air-gapped design, full-color screen, a built-in camera, and up to 20 days of battery life on a single charge. For what it offers, the price tag feels justified.

The Trezor Model One might not have flashy extras, but it’s all about dependability. With over a decade of trust backing it, the price reflects its proven track record and robust security. It doesn’t try to do too much, and for some people, that’s exactly what they want—a wallet that’s simple, effective, and reliable.

Supported Cryptocurrencies

When it comes to supported assets, the SafePal S1 boasts compatibility with over 9,000 cryptocurrencies, covering a wide range of coins and tokens across various blockchains. This level of support means you can manage almost any asset you own without needing multiple wallets. Whether it’s Bitcoin, Ethereum, Binance Smart Chain, or even less common tokens, SafePal has you covered.

The Trezor Model One, on the other hand, supports over 5,000 coins and tokens as well—but not quite on the same scale. It works seamlessly with major cryptocurrencies and popular ERC-20 tokens, but there are some limitations. Notably, Trezor Model One doesn’t natively support certain modern blockchains or tokens like Solana or Binance Smart Chain unless you use third-party integrations.

SafePal S1 vs Trezor Model One: Security Features

Both wallets shine in the security department, but they take different approaches. The SafePal S1 is designed as a 100% air-gapped device, meaning it never connects via Bluetooth, Wi-Fi, NFC, or USB when signing transactions. Instead, it uses QR codes for completely offline operation. It’s built with an EAL 5+ secure element, a true random number generator, and multiple layers of security sensors. To top it off, it includes an anti-tampering self-destruct mechanism, ensuring that any physical compromise will render the wallet useless.

The Trezor Model One, while not air-gapped, uses its simplicity to deliver robust security. It features PIN protection of up to 50 digits, and you can add an optional passphrase for an extra layer of protection. It’s also open-source, which means its code is constantly reviewed by the crypto community for potential vulnerabilities. Additionally, it supports two-factor authentication and privacy features like Tor, giving users control over their identity and transactions.

User Interface and Ease of Use

As I mentioned earlier, the SafePal S1 offers a user-friendly experience with its vibrant 1.3-inch color screen and intuitive D-pad controls. So navigating menus and completing tasks feels straightforward, even for first-time users. The built-in camera makes scanning QR codes quick and efficient, eliminating the need for manual inputs. When paired with the SafePal mobile app, the wallet provides seamless management of assets across iOS, Android, Windows, and macOS platforms. So whether you’re sending, receiving, or tracking your crypto, the interface feels modern and responsive.

The Trezor Model One, though simpler, doesn’t lag in usability. Its 0.96-inch monochrome OLED screen is clear and easy to read, and the two-button layout is refreshingly minimal. Every transaction requires physical confirmation on the device, which ensures security while keeping the process straightforward. With the Trezor Suite app, users can manage their portfolios, stake assets, and even trade directly from the app. It’s a clean, no-frills approach that gets the job done without overwhelming you.

Connectivity and Offline Functionality

SafePal S1 is built for those who demand complete offline security. Its 100% air-gapped design means it never connects to any network—no Bluetooth, Wi-Fi, NFC, or direct USB communication. Transactions are signed offline, with QR codes facilitating the process. This approach minimizes the risk of remote attacks, making it ideal for people who prioritize maximum isolation for their assets.

The Trezor Model One, by contrast, requires a USB connection to a host device, such as a computer or smartphone. While this isn’t a fully air-gapped setup, it’s still highly secure, as the device doesn’t expose private keys during use. The USB connection makes it easier for users who prefer quick access without relying on QR code scanning or additional devices.

Portability and Battery Life

The SafePal S1 is built for portability. It’s credit-card-sized, lightweight, and easy to slip into a pocket or bag. Its built-in 400mAh rechargeable battery offers up to 20 days of usage with just 10 minutes of daily operation. This makes it a great choice for users who need a wallet that’s ready to go whenever they are, without relying on external power during transactions.

The Trezor Model One is also compact and lightweight, measuring just 60x30x6mm and weighing 12 grams. However, it doesn’t have a built-in battery, meaning it relies entirely on a USB connection to a host device for power. While this limits standalone portability, it’s not a deal-breaker if you primarily use it at a desk or on a connected setup.

So if you’re always on the move and need a portable wallet with independent power, the SafePal S1 wins this round. Unless you are a stationary user or one of those who don’t mind tethering to a device, then the Trezor Model One’s simplicity fits the bill.

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Backup and Recovery Options

Both wallets provide solid backup and recovery options, but they take slightly different approaches. The SafePal S1 includes three mnemonic phrase cards in the box, making it easy to back up your 12- or 24-word recovery phrase. These cards are a thoughtful addition for securely recording and storing your keys.

The Trezor Model One also uses a 12- or 24-word recovery phrase but takes security a step further with the option to add a passphrase. This extra layer creates a hidden wallet that only you can access, even if someone gets hold of your recovery phrase. The backup process is straightforward, and the inclusion of wallet backup cards in the box ensures you have everything you need to protect your assets.

Firmware and Product Upgrades

Both wallets provide ongoing firmware updates to enhance functionality and security. The SafePal S1 supports firmware upgrades that can be downloaded via its app, ensuring it stays compatible with new cryptocurrencies and features. The update process is straightforward and doesn’t require a physical connection, maintaining its air-gapped integrity.

The Trezor Model One also benefits from regular firmware updates, delivered through the Trezor Suite app. Being open-source, Trezor allows for community-driven enhancements, which helps maintain its reputation as a reliable and secure device.

Updates are simple to apply via a USB connection, and Trezor ensures that new features and coins are consistently added to the wallet’s capabilities. While both wallets excel in keeping up-to-date, the SafePal S1’s air-gapped update process appeals to users focused on maximum offline security, whereas the Trezor Model One’s open-source community-driven improvements give it a unique edge.

SafePal S1 vs Trezor Model One – Which should you buy?

The SafePal S1 is ideal for users who prioritize complete offline security and portability. If you frequently manage a wide variety of crypto assets (9,000+ supported coins), prefer a vibrant interface, and value a device that can function independently with built-in power, the SafePal S1 is a perfect match. It’s especially suited for those who prioritize an air-gapped solution for their peace of mind.

The Trezor Model One, on the other hand, is perfect for those who value simplicity, proven reliability, and open-source transparency. If you’re managing mainstream coins and tokens, prefer using a USB-connected device, and want a wallet with a decade-long reputation for dependability, the Trezor Model One is a solid choice. It’s especially appealing to users who appreciate a minimalistic setup with a focus on core functionality.

Pros and Cons

SafePal S1

Trezor Model One

In summary, SafePal S1’s cutting-edge features make it perfect for advanced users with diverse portfolios, while the Trezor Model One appeals to those seeking simplicity, reliability, and proven security. The decision ultimately depends on your priorities: innovation and portability or simplicity and trust.

Where to Buy Each Wallet

When it comes to purchasing a hardware wallet, security starts with where you buy it. Always get the SafePal S1 and Trezor Model One from their official websites or authorized resellers to avoid the risk of receiving a compromised device. Buying directly ensures the wallet hasn’t been tampered with and provides access to genuine customer support.

Both SafePal and Trezor offer perks when buying from their official channels, including warranties to protect your purchase and access to their support teams for troubleshooting or assistance. Depending on your location, you may also enjoy benefits like free shipping, ensuring a smooth and reliable buying experience. Avoid third-party sellers unless explicitly verified to ensure your wallet’s security and authenticity.

Conclusion

I hope this comparison of SafePal S1 vs Trezor Model One can help you decide which wallet to buy. As you can see, the SafePal S1 is ideal for those who prioritize complete offline security and advanced anti-tamper measures. In contrast, the Trezor Model One offers a more user-friendly yet still highly secure setup with a focus on transparency and ease of use. Both are excellent choices, but your preference for air-gapped or connected security will likely guide your decision.

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SafePal S1 vs. Trezor Model T