Trezor Launches New Hardware Wallet ‘Safe 5’ with Bitcoin-only Variant

A Trio of New Trezor Products

Matěj Žák, CEO of Trezor, emphasized the importance of security and user education saying, “Understandably, many crypto enthusiasts lack trust in exchanges and are looking for an easy and secure way to interact with their crypto assets. However, with hardware wallets often designed more for ‘hodling’ crypto rather than using crypto on a more regular basis, we saw that there was an opportunity to bring something new to the sector — enter the Trezor Safe 5, the ultimate hardware wallet for crypto users looking for everyday utility along with the highest level of security and effortless usability.”

In addition to Safe 5, Trezor announced a bitcoin-only variant of the hardware wallet, available for pre-order with shipping commencing in July and additional color variants slated for mid-August release.

Alongside these hardware launches, the company also introduced “Trezor Expert”, a $99 service providing personalized onboarding sessions to help customers securely set up their hardware wallets.

Trezor Safe 5 vs Ledger Stax Comparison

Ledger, a competitor in the hardware wallet space, also launched its latest flagship wallet — the Ledger Stax.

Both Ledger and Trezor offer robust security features, with Ledger’s dual-layer security system providing an additional layer of protection, while Trezor’s open-source code promotes trust and transparency, enabling community auditing for rapid vulnerability fixes.

The Trezor Safe 5 and Ledger Stax represent two distinct approaches to enhancing crypto hardware wallets with both models designed to be user-friendly and secure for storing cryptocurrency. Supporting over a thousand coins and tokens, both devices provides seamless access to cryptocurrency exchanges.

The Trezor Safe 5 prioritizes robust security and ease of use, featuring a larger color touchscreen, an improved level of security, and Shamir Backup feature. At a competitive price point, it is a cheaper option and caters to users seeking high security and utility in managing their digital assets.

On the other hand, the Ledger Stax comes at a higher price point of $279 and focuses on innovative design, featuring a curved E Ink touchscreen for extended battery life, and various connectivity options such as USB C, Bluetooth 5.2, NFC, and Qi wireless charging.

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*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.