Looking for the best budget hardware wallet? The Trezor Safe 3 at just €69 offers 100% open-source security, a secure chip, and support for 1800+ cryptocurrencies. This complete review covers everything you need to know.
Trezor Safe 3 Overview
| Feature | Trezor Safe 3 |
|---|---|
| Price | €69 (~$75) |
| Cryptocurrencies | 1800+ |
| Open Source | ✅ 100% |
| Secure Chip | ✅ EAL6+ |
| Screen | 0.96" OLED |
| Buttons | 2 physical buttons |
| Backup | 12/24 words + Shamir |
| USB | USB-C |
| Bluetooth | ❌ No |
| Mobile | Android (USB-C) |
Trezor Safe 3 vs Competition
Trezor Safe 3 vs Ledger Nano S Plus
| Feature | Trezor Safe 3 | Ledger Nano S Plus |
|---|---|---|
| Price | €69 | €79 |
| Open Source | ✅ 100% | ❌ Partial |
| Coins | 1800+ | 5500+ |
| Screen | 0.96" OLED | 1.1" LCD |
| Secure Chip | ✅ EAL6+ | ✅ EAL5+ |
| Shamir Backup | ✅ Yes | ❌ No |
| Buy | Trezor Safe 3 | Ledger Nano S Plus |
Verdict: For open-source security at the best price, Trezor Safe 3 wins. For more coins and better screen, Ledger Nano S Plus is better.
Key Features
100% Open Source
Unlike Ledger, Trezor's firmware is completely open source. Every line of code can be audited by anyone, ensuring no hidden backdoors.
Secure Chip (EAL6+)
The Safe 3 includes a certified secure element (EAL6+) - the highest security certification available in a hardware wallet at this price.
Shamir Backup
Split your recovery seed into multiple shares (e.g., 3-of-5). You only need a subset to recover your wallet, providing redundancy without a single point of failure.
Bitcoin-Only Option
For Bitcoin maximalists, Trezor offers a Bitcoin-only firmware that removes all other coin support. This reduces attack surface and is ideal for BTC-only holders.
Supported Cryptocurrencies
Trezor Safe 3 supports:
- Bitcoin (BTC) & Lightning Network
- Ethereum (ETH) & ERC-20 tokens
- Litecoin (LTC)
- Bitcoin Cash (BCH)
- Cardano (ADA)
- Solana (SOL)
- Ripple (XRP)
- And 1800+ more
Setup Guide
-
Buy from Official Store
Get Trezor Safe 3 from Trezor.io - Never buy from Amazon or eBay. -
Verify Hologram
The box should have an intact holographic seal. If broken or missing, don't use it. -
Connect to Trezor Suite
Go to trezor.io/start and follow setup instructions. -
Create New Wallet
Choose "Create new wallet" and set a PIN (up to 50 digits). -
Write Seed Phrase
Write down 12 or 24 words displayed on screen. Never store digitally. -
Install Coin Apps
Install apps for the cryptocurrencies you want to use via Trezor Suite.
Pros and Cons
- Best price for open-source wallet (€69)
- 100% open-source firmware
- EAL6+ secure chip
- Shamir backup included
- Bitcoin-only option
- USB-C (modern connector)
- Works with Android phones
- No Bluetooth
- Fewer coins than Ledger
- Smaller screen than Safe 5
- No iOS support
Who Should Buy Trezor Safe 3?
Best for:
- First-time hardware wallet buyers
- Open-source enthusiasts
- Bitcoin-only holders (Bitcoin-only firmware)
- Budget-conscious users who want security
- Those who don't need mobile Bluetooth
Not ideal for:
- iOS users (no iPhone support)
- Those needing 5500+ coins (Ledger better)
- Users wanting Bluetooth (get Safe 5 or Ledger X)
Trezor Safe 3 vs Trezor Safe 5
| Feature | Trezor Safe 3 | Trezor Safe 5 |
|---|---|---|
| Price | €69 | €129 |
| Screen | 0.96" OLED | 1.54" Touchscreen |
| Input | 2 buttons | Touchscreen |
| Coins | 1800+ | 1800+ |
| Secure Chip | ✅ EAL6+ | ✅ EAL6+ |
| Buy | Safe 3 | Safe 5 |
Frequently Asked Questions
Is Trezor Safe 3 safe?
Yes, Trezor Safe 3 is very safe. It uses an EAL6+ secure chip, 100% open-source firmware, and Shamir backup. Always buy from the official Trezor.io store to avoid tampered devices.
Can I use Trezor Safe 3 with my phone?
Yes, Trezor Safe 3 works with Android phones via USB-C. It does not work with iPhone/iOS due to Apple's restrictions.
What coins does Trezor Safe 3 support?
Trezor Safe 3 supports 1800+ cryptocurrencies including Bitcoin, Ethereum, Litecoin, Cardano, Solana, Ripple, and all ERC-20 tokens.
Should I get Safe 3 or Safe 5?
Get Safe 3 for budget security (€69). Get Safe 5 if you want a touchscreen and better user experience (€129). Both have the same security.
Is Trezor Safe 3 better than Ledger?
Trezor Safe 3 is better for open-source purists and costs less. Ledger Nano S Plus supports more coins and has a slightly better screen. For security, both are excellent.
Trezor Safe 3 Review: Final Verdict
The Trezor Safe 3 is the best value hardware wallet on the market. At €69, you get open-source security, EAL6+ secure chip, and Shamir backup - features found in wallets costing twice as much.
Rating: 4.6/5 — Highly recommended for budget-conscious security seekers.
Pros: 100% open source, EAL6+ chip, great price, Shamir backup
Cons: No Bluetooth, limited iOS support, smaller screen than Safe 5
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