Trezor Safe 5 vs Ledger Nano X

  • Home
  • Trezor Safe 5 vs Ledger Nano X
Trezor Safe 5 vs Ledger Nano X: two top hardware wallets, one tough decision. Let our detailed comparison guide you to the best choice for your cryptocurrency storage needs.

Choosing a hardware wallet can be tricky, especially when you’re looking at top-notch options like the new Trezor Safe 5 vs the Ledger Nano X. I know it’s not easy to pick between these two, so I’m here to help you out.

In this comparison, we’ll look at:

  • How they look and feel
  • How they keep your crypto safe
  • How easy they are to use
  • What they can do
  • How much they cost
  • And more

By the time we’re done, you’ll know which wallet suits you best. No complicated jargon, just straightforward info to help you decide. Ready to find your perfect crypto wallet?

Let’s dive in!


What is Trezor Safe 5?

The Trezor Safe 5 is the newest offering from SatoshiLabs, the company behind Trezor hardware wallets.

Launched in June 2024, it’s their most advanced device yet for keeping your cryptocurrencies secure. Trezor has been in the crypto security game since 2014, so they’ve got a solid track record.

We’ve done an in-depth review of the Trezor Safe 5, so stick around to learn more about its features and capabilities.


What is Ledger Nano X?

On the other hand, we have the Ledger Nano X. This device comes from Ledger, a French company that’s been making crypto hardware wallets since 2014.

The Nano X itself was introduced in 2019 and has become one of their most popular models. It’s designed to be a versatile wallet for both at-home and on-the-go use.

We’ve thoroughly reviewed the Nano X, and we’ll be sharing all the details as we compare it with the Safe 5.


Trezor Safe 5 vs Ledger Nano X: Overview

Feature

Launch Year 2024 2019
Price $169 $149
Screen 1.54″ color touchscreen 128 x 64 pixel OLED
Navigation Touchscreen Two-button
Cryptocurrencies Supported 9,000+ 5,500+
Special Feature Haptic feedback Bluetooth connectivity
Storage Capacity Not specified Up to 100 apps
Secure Element EAL6+ certified CC EAL5+ certified
Recovery Phrase 20-word 24-word
Software Design Open-source Closed-source
Color Options 3 colors 5 colors
Additional Hardware MicroSD card slot None

Design and Build

Physical dimensions and weight
  • Trezor Safe 5: 65.9 x 40 x 8 mm, weighing 23g
  • Ledger Nano X: 72 x 18.6 x 11.75 mm, weighing 34g

The Trezor Safe 5 is wider but thinner, while the Ledger Nano X is longer and slightly heavier.

Screen size and type
  • Trezor Safe 5: 1.54″ color touchscreen with 240 x 240 pixel resolution
  • Ledger Nano X: 128 x 64 pixel OLED display, not a touchscreen

The Trezor Safe 5 offers a larger, full-color touchscreen, while the Ledger Nano X has a smaller OLED display.

Build materials
  • Trezor Safe 5: PMMA plastic, Gorilla Glass 3, anodized aluminum
  • Ledger Nano X: Brushed stainless steel and plastic

Both devices use high-quality materials, with the Trezor emphasizing scratch resistance and the Ledger focusing on durability.

Color options
  • Trezor Safe 5: Black Graphite, Violet Ore, Green Beryl
  • Ledger Nano X: Onyx Black, Pastel Green, Amethyst Purple, Retro Gaming, BTC Orange

The Ledger Nano X offers more color variety compared to the Trezor Safe 5.

Durability and travel-friendliness
  • Trezor Safe 5: Scratch-resistant glass, tamper-evident casing
  • Ledger Nano X: Robust metal casing, suitable for travel

Both devices are designed for durability, with the Ledger’s metal casing potentially offering more protection during travel.


User Interface and Experience

Screen navigation
  • Trezor Safe 5: Intuitive touchscreen interface
  • Ledger Nano X: Two-button control system

The Trezor Safe 5’s touchscreen may be more user-friendly, while the Ledger Nano X’s buttons offer tactile feedback.

Ease of use for beginners
  • Trezor Safe 5: Large, clear display with on-screen instructions
  • Ledger Nano X: Simple interface, but may require more time to learn

The Trezor Safe 5’s touchscreen could be easier for beginners, while the Ledger Nano X’s simplicity may appeal to some users.

Additional features
  • Trezor Safe 5: Haptic feedback for enhanced user experience
  • Ledger Nano X: Bluetooth connectivity for mobile use

Each device offers a unique feature: tactile feedback for Trezor and wireless connectivity for Ledger.


Security Features

Secure element specifications
  • Trezor Safe 5: NDA-free EAL 6+ certified chip
  • Ledger Nano X: CC EAL5+ certified chip

Both devices use high-grade secure elements, with the Trezor Safe 5’s chip having a slightly higher certification level.

Open-source vs closed-source
  • Trezor Safe 5: Fully open-source for community review
  • Ledger Nano X: Closed-source with proprietary security

Trezor’s open-source approach allows for public scrutiny, while Ledger relies on their in-house expertise.

PIN and passphrase protection
  • Trezor Safe 5: PIN and optional passphrase
  • Ledger Nano X: PIN and optional passphrase

Both devices offer similar protection methods.

Backup and recovery options
  • Trezor Safe 5: 12-, 20-, or 24-word recovery seed, Advanced Multi-share Backup
  • Ledger Nano X: 24-word recovery phrase

The Trezor Safe 5 offers more flexibility in recovery options, including an advanced multi-share feature.


Cryptocurrency Support

Number of supported coins and tokens
  • Trezor Safe 5: Over 9,000 cryptocurrencies
  • Ledger Nano X: Over 5,500 cryptocurrencies and tokens

The Trezor Safe 5 supports a larger number of cryptocurrencies, offering more options for diverse portfolios.

NFT support and management
  • Trezor Safe 5: Supports NFT management through Trezor Suite
  • Ledger Nano X: Supports NFT viewing and management through Ledger Live

Both devices offer NFT support, with management features available through their respective companion apps.


Software and Ecosystem

Companion apps and their features
  • Trezor Safe 5: Trezor Suite
    • User-friendly interface
    • Built-in exchange
    • Coin control for enhanced privacy
    • Tor integration for anonymity
  • Ledger Nano X: Ledger Live
    • Intuitive dashboard
    • Built-in exchange
    • Staking options for select cryptocurrencies
    • Real-time portfolio tracking

Both companion apps offer comprehensive features, with Trezor focusing more on privacy and Ledger on portfolio management.

Integration with third-party services
  • Trezor Safe 5: Compatible with various wallets and exchanges
  • Ledger Nano X: Wide range of integrations with DeFi platforms and exchanges

Both devices offer extensive third-party integrations, enhancing their versatility.

Mobile app support
  • Trezor Safe 5: Mobile app available, but requires USB connection
  • Ledger Nano X: Full mobile app support with Bluetooth connectivity

The Ledger Nano X has an advantage in mobile support due to its Bluetooth capability, allowing for easier on-the-go management.


Additional Features

MicroSD card support
  • Trezor Safe 5: Includes MicroSD card slot
  • Ledger Nano X: No MicroSD card support

The Trezor Safe 5’s MicroSD slot allows for potential future features and expanded functionality.

Bluetooth connectivity
  • Trezor Safe 5: No Bluetooth support
  • Ledger Nano X: Built-in Bluetooth for wireless connections

The Ledger Nano X’s Bluetooth feature enables easier mobile device integration.

FIDO2 authentication support
  • Trezor Safe 5: Supports FIDO2 standard
  • Ledger Nano X: Supports FIDO2 standard

Both devices can be used as security keys for two-factor authentication.


Price Comparison

  • Trezor Safe 5: $169
  • Ledger Nano X: $149

The Ledger Nano X is slightly more affordable, but both are in a similar price range for premium hardware wallets.


Pros and Cons

Trezor Safe 5
Pros Cons
Large, user-friendly color touchscreen Slightly more expensive
Supports more cryptocurrencies No Bluetooth connectivity
Open-source software for transparency
Advanced Multi-share Backup feature
MicroSD card slot for potential expansions
Ledger Nano X
Pros Cons
Bluetooth connectivity for mobile use Smaller screen with button navigation
More compact design Closed-source software
Slightly lower price point Supports fewer cryptocurrencies than Trezor Safe 5
Robust metal casing
Longer battery life

Trezor Safe 5 vs Ledger Nano X – Which should you buy?

I’ll can help you choose which is best for you:

Best for beginners

If you’re new to crypto, you might find the Trezor Safe 5 easier to use. Its touchscreen feels like a smartphone, which most of us are used to. On the other hand, the Ledger Nano X has just two buttons, which is simple but might take a bit more time to learn. Both are good choices, but I’d lean towards the Trezor Safe 5 for complete newbies.

Best for advanced users

For those of you who really know your crypto, both options have great features. The Trezor Safe 5 lets you see the code behind it (open-source) and has some cool backup options. Meanwhile, the Ledger Nano X works with lots of apps and DeFi platforms. If you like to tinker and see how things work, go for the Trezor. If you want to do more with DeFi, pick the Ledger.

Best for mobile users

Do you manage your crypto on the go? Then the Ledger Nano X is your best bet. It connects to your phone wirelessly with Bluetooth, which is super convenient. The Trezor Safe 5 has a mobile app too, but you need to plug it in with a cable. For easy mobile use, I’d definitely choose the Ledger Nano X.

Best for specific cryptocurrencies or NFTs

Both wallets support the major cryptocurrencies and NFTs, so you’re covered either way. However, if you’re into less common coins, the Trezor Safe 5 might be better as it supports over 9,000 cryptocurrencies compared to Ledger’s 5,500+. For NFTs, both work well, but the Trezor lets you see them right on the device, which is pretty cool.

Remember, both are great wallets. Think about what matters most to you – ease of use, mobile access, or wide crypto support – and choose based on that. You can’t go wrong with either one for keeping your crypto safe.


Take Away

To wrap up, both the Trezor Safe 5 and Ledger Nano X are solid choices for keeping your crypto safe. The Trezor shines with its user-friendly touchscreen and wide crypto support, while the Ledger stands out for its mobile convenience.

Personally, I’d recommend the Trezor for beginners or those who value simplicity, and the Ledger for on-the-go users or DeFi enthusiasts. Ultimately, your choice depends on what matters most to you in managing your digital assets.

Still can’t decide? We’ve got more comparisons to help you out ↓