Comparison
Ledger Nano X vs Trezor Safe 5
The two most popular hardware wallets, scored against the same five-criterion rubric. Spoiler: there is no clear winner — there is only a better fit for your threat model.
Ledger
Ledger Nano X
74
Trust score Solid
The mainstream hardware wallet — closed-source firmware wrapped in the most battle-tested secure element in the category.
Trezor
Trezor Safe 5
89
Trust score Excellent
The reference open-source hardware wallet — auditable firmware, color touchscreen, and the only major brand that publishes its secure-element design choices.
/ Subscore comparison
Where they win, where they lose.
Security model
35% weight
Ledger Nano X 86
Trezor Safe 5 88
Transparency
20% weight
Ledger Nano X 62
Trezor Safe 5 92
Recovery & custody
15% weight
Ledger Nano X 70
Trezor Safe 5 90
Open code & audits
20% weight
Ledger Nano X 58
Trezor Safe 5 96
Support & ecosystem
10% weight
Ledger Nano X 90
Trezor Safe 5 70
/ Full spec table
Specs side by side.
| Field | Ledger Nano X | Trezor Safe 5 |
|---|---|---|
| Trust score | 74 | 89 |
| Type | Hardware | Hardware |
| Custody | Self-custody | Self-custody |
| Open source | Partial | Full |
| Secure element | Yes | Yes |
| Coins supported | 5,500+ | 9,000+ |
| Price | $149 | $169 |
| Released | 2019 | 2024 |
| NFT support | Yes | Yes |
| Staking | Yes | Yes |
| DeFi swap | Yes | Yes |
| Audited | Yes | Yes |
| Bug bounty | Yes | Yes |
| Recovery | 24-word seed, Optional Ledger Recover (subscription) | 12/24-word seed, Shamir Backup (SLIP-39), Multi-share backup |
Pick Ledger Nano X if…
- · You hold dozens of chains and want the deepest ecosystem in one device
- · Mobile signing via Bluetooth is important to you
- · You can live with closed firmware in exchange for a battle-tested secure element
- · You want the most polished companion app (Ledger Live)
Pick Trezor Safe 5 if…
- · Open-source firmware is non-negotiable for you
- · You\'re building a Shamir backup (SLIP-39) for inheritance
- · You want the most auditable stack in the category
- · You\'re happy bridging to MetaMask/Rabby for dApps