Trezor Safe 5 vs Trezor Model One

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Deciding between Trezor Safe 5 vs Trezor Model One? Our in-depth comparison explores security, ease of use, and value for money.

Are you having a hard time deciding between Trezor’s new Safe 5 and the older Model One?

Don’t worry, I understand it can be confusing when both seem like good choices. This comparison of Safe 5 vs Model One will help make things clear.

By the end, you’ll have a good understanding of which Trezor wallet works best for your particular needs. I’ll explain everything in a straightforward way, without extra fluff. Just the facts to help you make a smart decision.

Let’s get started breaking it all down.


Trezor Safe 5 vs Trezor Model One: Quick Comarison

To make it easier for you to choose which wallet suits your needs, I have made a quick side-by-side comparison of both wallets based on the most critical features.

Price
$169
$49
Security
Secure Element, PIN, Passphrase, 20-word backup, Advanced Multi-share Backup
PIN, Passphrase, 12- or 24-word backup
Connectivity
USB-C
Micro USB
Supported Crypto
1000+ coins and tokens
1000+ coins and tokens
Dimensions
65.9 x 40 x 8 mm (2.6 x 1.6 x 0.3 in)
60 x 30 x 6 mm (2.4 x 1.2 x 0.2 in)
Battery
No internal battery (powered via connection)
No internal battery (powered via connection)
Weight
23 g (0.8 oz)
12 g (0.42 oz)
Box Contents
Trezor Safe 5 wallet, USB-C cable, 2x 20-word backup cards, Startup guide, Trezor stickers
Trezor Model One wallet, Micro USB cable, 2x backup cards, Startup guide, Trezor stickers

Trezor Safe 5 vs Model One – Overview

What is Trezor Safe 5?

The Trezor Safe 5 is a premium hardware wallet designed to securely store and manage your cryptocurrency. Released in 2024 by Trezor, a trusted company with over a decade of experience in the crypto security space, the Safe 5 is engineered to offer top-tier security features, a vibrant color touchscreen, and intuitive user interaction.

It supports thousands of coins and tokens and incorporates advanced security measures like a Secure Element chip, haptic feedback, and multi-share backup options. The Safe 5 is available in three colors: Black Graphite, Violet Ore, and Green Beryl. Alongside the Safe 5, Trezor also offers a range of other products designed to provide a seamless and secure cryptocurrency experience, such as the Trezor Safe 3 and Trezor Model T.


What is Trezor Model One?

The Trezor Model One is Trezor’s original hardware wallet, first launched in 2014. It has become one of the most popular and reliable options for cryptocurrency users looking for a simple, cost-effective solution to secure their assets. The Model One features a monochromatic OLED screen and a two-button interface, offering essential functionality and robust security. Like the Safe 5, it supports thousands of coins and tokens but lacks the advanced features and enhanced user interface of the newer models.

The Model One is available in White and Black colors. In addition to the Model One, Trezor offers several complementary products like the Trezor Keep Metal 12-word, Trezor Keep Metal 20-word, and Trezor Keep Metal 24-word backup solutions, as well as the Cryptotag Zeus, a titanium seed recovery plate that works with various Trezor models, including the Safe 5, Model T, and Model One.


Design and Build Quality

When it comes to design, the Trezor Safe 5 feels like the Tesla of hardware wallets. It’s sleek, modern, and built for the future. The vibrant 1.54-inch color touchscreen is an instant standout, offering a crisp 240×240-pixel resolution. Add the Gorilla Glass protection, and you’ve got a screen that can take the hits of daily life without a scratch. The haptic feedback adds a satisfying tactile feel when confirming transactions, and the wallet comes in stylish colors like Black Graphite, Violet Ore, and Green Beryl. It’s slightly larger and heavier than the Model One, but the premium materials make it feel solid and durable.

The Trezor Model One, on the other hand, keeps things simple and practical. Its 0.96-inch monochrome OLED screen may not pop like the Safe 5’s, but it gets the job done—clear and easy to read. It’s also ultra-lightweight and compact, which makes it easy to carry around. The two-button navigation system feels old-school but reliable. While the plastic casing might not scream luxury, it’s tough and long-lasting, and the wallet is available in basic black or white options. In short, the Model One is minimalistic but functional, whereas the Safe 5 is a polished, premium experience.


Usability and Interface

Using the Trezor Safe 5 feels like using a smartphone—it’s just intuitive. The touchscreen interface makes everything smoother, from navigating menus to confirming transactions. You can view all the details right on the large, color display, which is especially useful when dealing with multiple coins or tokens. The addition of haptic feedback is a nice touch—it gives you confidence that every action is confirmed. Plus, the USB-C connection ensures compatibility with modern devices, and the MicroSD slot opens up options for advanced functionality like encrypted storage.

The Trezor Model One keeps it old-school but effective. The two-button setup is simple and straightforward, with clear prompts on the screen to guide you through every step. While it doesn’t have a touchscreen, the buttons make accidental inputs nearly impossible, which is a plus for security. The Model One uses Micro USB, which might feel outdated but works fine for most users. It’s not flashy, but it’s consistent and easy to use, especially for those who don’t need extra bells and whistles.

If you’re someone who values ease of use and a polished interface, the Safe 5 clearly leads the pack. But if simplicity and no-nonsense navigation are what you prefer, the Model One holds its ground.


Supported Cryptocurrencies

Both the Trezor Safe 5 and Trezor Model One support a wide range of cryptocurrencies—thousands, in fact. You’ll find all the major players like Bitcoin, Ethereum, and Litecoin, along with countless altcoins and ERC-20 tokens.

Where the difference lies is in the ease of managing diverse portfolios. The Safe 5’s color touchscreen makes handling multiple tokens feel effortless. Viewing coin details, addresses, and confirmations on the vibrant display is a game-changer for frequent traders or those juggling complex portfolios.

The Model One, while capable of supporting the same coins, has limitations in handling newer standards and tokens. Some advanced assets, like specific DeFi tokens or NFT-related coins, might not be supported directly. It’s still a solid choice for traditional crypto users, but the Safe 5’s modern design is better suited for staying ahead of the curve in the rapidly evolving crypto landscape.


Security Features

When it comes to security, both wallets do an excellent job, but they go about it differently.

The Trezor Safe 5 packs serious hardware with its EAL6+ Secure Element chip—a robust security measure typically used in passports and payment cards. This chip protects your private keys from both physical tampering and sophisticated online attacks. Add to that its PIN and passphrase protection and the ability to use a 20-word multi-share backup, and you’ve got a security setup that feels practically bulletproof.

The Model One, while lacking a Secure Element, still offers strong software-based protection. Its PIN and passphrase system is reliable, and its 12- and 24-word recovery options ensure that you can recover your wallet if it’s lost or damaged. The Model One also benefits from Trezor’s open-source design, allowing the crypto community to regularly audit and improve its security features.

Both wallets let you confirm transactions directly on the device, which means you’re always in control. However, the Safe 5’s large touchscreen and haptic feedback provide a much clearer and more reassuring confirmation process.

In short, the Safe 5 is built for users who demand top-tier, hardware-level protection, while the Model One remains a dependable, cost-effective option for basic security needs.


Wallet Backup and Recovery

Both wallets prioritize the safety of your crypto, even in the worst-case scenario. The Trezor Safe 5 introduces a modernized backup system with a 20-word recovery phrase, and its Advanced Multi-share Backup takes security to the next level. This feature splits your recovery seed into multiple parts, which you can store in different locations, reducing the risk of losing everything if one part is compromised. It’s an added layer of peace of mind for users managing large holdings or operating in high-risk environments.

The Trezor Model One sticks to the tried-and-true approach with 12- or 24-word recovery options. It’s straightforward and effective for everyday users, though it doesn’t offer the advanced multi-share capability of the Safe 5. Still, both wallets allow you to recover your assets even if the physical device is lost, stolen, or damaged.

The key difference? The Safe 5’s recovery system is designed for users who demand cutting-edge redundancy, while the Model One’s method is reliable but basic.


Privacy and Additional Features

Privacy is another area where Trezor excels, and both wallets do a solid job. With coin control and the ability to route transactions through Tor, you can enhance your privacy significantly. Whether you’re using the Safe 5 or the Model One, your identity and transaction history remain well-protected.

The Safe 5, however, brings extra functionality to the table. It supports a MicroSD card slot, allowing for encrypted storage and even more privacy-focused options. The device also integrates seamlessly with modern USB-C ports, making it future-proof. On top of that, features like haptic feedback and its vibrant touchscreen make it feel like a next-gen wallet, elevating the user experience.

The Model One covers the essentials well but skips on extras. Its Micro USB connection feels dated, and it doesn’t include advanced features like a touchscreen or MicroSD compatibility. It’s more about simplicity and reliability than innovation.

If privacy is your priority, either wallet will get the job done. But if you want the added bonus of advanced features and flexibility, the Safe 5 easily comes out on top.


Authentication and Connectivity

When it comes to authentication, both wallets do an excellent job of keeping your assets secure. The Trezor Safe 5 offers top-tier options with two-factor authentication (2FA) and FIDO2 support, which makes it ideal for securing online accounts in addition to your crypto. It also features on-device PIN and passphrase entry, adding another layer of protection against unauthorized access.

The Model One also provides reliable authentication, including 2FA and passphrase protection, but it lacks the added polish of on-device passphrase entry. Instead, you’ll need to input it through your connected device, which can be less convenient and, arguably, less secure.

In terms of connectivity, the Safe 5’s USB-C port is a clear winner—it’s faster, more durable, and compatible with modern laptops, tablets, and smartphones. The Model One, while functional, still uses a Micro USB connection, which feels outdated and less versatile. If seamless, future-proof connectivity matters to you, the Safe 5 edges ahead here.


Trezor Safe 5 vs Trezor Model One – Pricing

Here’s where things get interesting. The Trezor Model One is incredibly affordable at $49, making it a fantastic entry point for newcomers to cryptocurrency. It delivers solid security and functionality without breaking the bank. If you’re a casual investor or someone who primarily deals with Bitcoin or a handful of altcoins, the Model One is an excellent value-for-money option.

The Trezor Safe 5, priced at $169, is significantly more expensive, but it justifies the cost with premium features. The color touchscreen, Secure Element, haptic feedback, and advanced backup options set it apart as a high-end device for serious crypto users. If you’re managing a large portfolio, trading frequently, or prioritizing the latest in hardware wallet technology, the Safe 5 offers excellent long-term value.

In short, the Model One is perfect for budget-conscious users looking for solid security, while the Safe 5 is the go-to choice for those who want cutting-edge features and maximum peace of mind.


Trezor Safe 5 vs Trezor Model One – Pros and Cons

Here’s a detailed breakdown of the strengths and weaknesses of each wallet:

Trezor Safe 5

Pros
Cons
Color touchscreen for intuitive navigation
High price point ($169)
Secure Element chip for enhanced hardware-level security
Larger size may not appeal to minimalist users
Advanced Multi-share backup for increased recovery flexibility
USB-C port for faster, modern connectivity
Haptic feedback for a tactile confirmation experience
Supports advanced features like MicroSD encryption and FIDO2 authentication
Scratch-resistant Gorilla Glass display for durability

Trezor Model One

Pros
Cons
Affordable price ($49), making it accessible for all
Outdated Micro USB connection
Compact, lightweight design
Limited support for newer coins and advanced tokens
Reliable security with PIN and passphrase protection
No Secure Element chip
Easy-to-use interface with simple two-button control
Monochromatic screen lacks modern appeal
Supports basic 12- or 24-word wallet backup
No haptic feedback or touchscreen features
Proven, tested design with a decade of trust

Both wallets offer excellent value for their respective target audiences. Choosing the right one depends on your budget, security needs, and how you plan to use your crypto.


Trezor Safe 5 vs Model One – Which Should You Buy?

I think choosing between the Trezor Safe 5 and the Trezor Model One should be about your specific needs and budget. For example, if you’re a beginner or casual crypto user, then buy the Model One. It’s affordable, reliable, and provides all the essential features needed for secure cryptocurrency management. For those primarily dealing with Bitcoin or a smaller number of altcoins, the Model One is an ideal balance of simplicity and functionality.

However, if you’re a professional investor, or someone managing a diverse portfolio, the Trezor Safe 5 is worth the investment. Its premium features—like the Secure Element chip, vibrant touchscreen, advanced backup options, and MicroSD support—deliver unparalleled security and convenience. The higher price tag reflects its next-gen capabilities, making it the go-to choice for those who prioritize innovation and peace of mind.

In short, the Model One excels in affordability and simplicity, while the Safe 5 dominates in innovation and advanced features. The decision boils down to how deep you want to go into the world of crypto and how much you’re willing to invest in long-term security and functionality.

If you are still unsure about choosing the Trezor Safe 5 or Model One, you can look at our other comparisons between the Safe 5 vs Model T, and the Safe 5 vs Safe 3. These extra looks may help you pick the Trezor that works nicely for your crypto needs.


Where to Buy Both Trezor Wallets

When you finally decide to buy your Trezor Safe 5 or Trezor Model One, it’s always best to buy directly from the official Trezor website to ensure that you’re getting an authentic, uncompromised device. Buying from third-party sellers carries the risk of receiving a tampered or counterfeit product, which could put your cryptocurrency at risk. By purchasing from Trezor’s official site, you’re guaranteed a secure, genuine wallet that has passed all quality checks.

In terms of shipping, Trezor offers free shipping within the United States, which is a nice perk when buying these premium wallets. If you’re ordering from outside the U.S., shipping costs are reasonable. For example, shipping to the United Kingdom costs USD 7.25, to Australia it’s USD 19, and to Nigeria, shipping is USD 30. Depending on your location, shipping may vary slightly, but these prices are fairly standard for international deliveries.

When it comes to delivery speed, Trezor offers two reliable shipping options. For quicker delivery, DHL Express is available, with an estimated delivery time of 5–7 business days via air. If you don’t mind waiting a little longer, UPS Express Saver offers delivery in 8–13 business days also by air, at a slightly lower cost.

For payment, Trezor makes the checkout process seamless with Express Checkout options, including PayPal, Google Pay (GPay), Apple Pay, and other convenient methods. You can even pay with Bitcoin and other cryptocurrencies, which is perfect for those who want to pay using their digital assets.

In my experience, ordering directly from Trezor’s official site is hassle-free, and I’ve always appreciated the peace of mind knowing that my device is genuine and shipped securely.


Take Away

I hope my comparison of Trezor Safe 5 vs Trezor Model One has clarified the unique strengths of each hardware wallet. The Model One is a proven, budget-friendly device that has stood the test of time, making it a perfect choice for beginners and those looking for a straightforward solution. On the other hand, the Safe 5 pushes the boundaries of hardware wallet technology, offering unmatched security and usability for advanced users and serious investors.

So no matter which wallet you choose, Trezor’s commitment to open-source design, robust security, and user-friendly experience ensures that your cryptocurrency is in safe hands. Evaluate your needs, weigh your priorities, and pick the wallet that best aligns with your crypto journey. Either way, you can trust Trezor to keep your assets secure and accessible.


FAQs

1. How much do the Trezor Safe 5 and Model One cost?

The Trezor Safe 5 is priced at $169, while the Model One costs $49. The Safe 5 is significantly more expensive due to its advanced features and premium design, whereas the Model One is a more budget-friendly option.

2. Which wallet is better for a first-timer when money isn’t an issue?

If budget is not a concern, the Trezor Safe 5 is the ideal choice for first-timers. Its color touchscreen, intuitive interface, and enhanced security features make it easier to use and more future-proof compared to the Model One.

3. How secure are the Trezor Safe 5 and Model One?

Both wallets are highly secure, utilizing PIN and passphrase protection, on-device confirmation, and open-source firmware. The Safe 5 takes it further with a Secure Element chip and advanced multi-share backup options, offering additional protection against sophisticated attacks.

4. Are both wallets compatible with the same cryptocurrencies?

Yes, both wallets support 1000+ cryptocurrencies, including major coins like Bitcoin, Ethereum, and popular tokens. However, the Safe 5’s enhanced hardware may provide a smoother experience when managing complex portfolios.

5. Which Trezor wallet is better for long-term use?

The Trezor Safe 5 is the better choice for long-term use due to its advanced hardware, modern features like a color touchscreen, and compatibility with newer wallet backup standards like the Trezor Keep Metal 20-word solution. It’s designed to meet the needs of today’s and tomorrow’s crypto users.