Updated September 28, 2026 · HodlCue Editorial Team
SafePal vs Trezor
Trezor
SafePal
Higher score in this comparison
SafePal vs Trezor: the differences
| Compare | SafePalReviewSee alternativesSee alternatives | TrezorReviewVisitVisit |
|---|---|---|
| Price | $49.99 to $89.99Lower | $79 |
| Coins supported | 200 | 8,000Higher |
| Secure element | CC EAL6+ secure element | EAL6+ |
| Connectivity | Bluetooth, USB cCovers more | USB c |
| Backup options | Seed | Seed, ShamirCovers more |
Same on both: Wallet type (Hardware), Custody (Self custody), Open source (Yes).
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Key differences
- Price is lower at SafePal: $49.99 to $89.99 vs $79.
- Coins supported is higher at Trezor: 8,000 vs 200.
- Connectivity: only SafePal offers Bluetooth.
- Backup options: only Trezor offers Shamir.
- Support channels: only SafePal offers Email, Community.
Our verdict on each
SafePal
SafePal suits buyers who want a self-custody hardware wallet with open source firmware and wide coin coverage at a modest upfront cost. The device costs $49.99 to $89.99 and support runs on email, help centre and community alone, so anyone holding a large balance should expect to handle setup questions alone.
Trezor
Trezor is the pick for readers who want keys held away from any provider, since custody is self custody and the firmware is open source. It suits people who will pay $79 once and accept 8,000 coins of coverage, not trading or yield seekers.
Score breakdown
| Area | SafePal | Trezor |
|---|---|---|
| Cost | 9.1HigherCost comes down to a hardware purchase at $49.99 to $89.99 with no subscription, near the hardware wallet median of €69.28. | 8.7 |
| Offer | 9.1HigherCovers 200 coins over bluetooth and usb c, and pairs open source firmware with a CC EAL6+ secure element plus self-custody on each device. | 9.0 |
| Trust | 8.8 | 9.2Higher |
Choosing between them
Pick SafePal if cost, price, and connectivity matter most.
Pick Trezor if trust, coins supported, and backup options matter most.
What each covers
| Connectivity | SafePal | Trezor |
|---|---|---|
| USB c | Yes | Yes |
| Bluetooth | Yes | No |
| Backup options | SafePal | Trezor |
|---|---|---|
| Seed | Yes | Yes |
| Shamir | No | Yes |
If neither fits
Cypherock has coins supported at 19,000, against 200 for SafePal and 8,000 for Trezor.
Cypherock reviewWhere these facts come from
SafePal
- safepal.com: 12 facts, checked September 26, 2026
Trezor
- trezor.io: 7 facts, checked September 26, 2026
- coinbureau.com: 2 facts, checked September 26, 2026
- news.superex.com: 1 fact, checked September 26, 2026
How they place
| Ranking | SafePal | Trezor |
|---|---|---|
| Crypto wallets | 68 of 156 | 3 of 156 |
| Hardware and cold wallets | 14 of 58 | 2 of 58 |
Every fact side by side
| Fact | SafePal | Trezor |
|---|---|---|
| Features | Self custody | Self custody |
| Legal entity | SkyGenesis Holdings Limited | Not confirmed |
| Founded | 2018 | Not confirmed |
| Support channels | Email, Help centre, CommunityCovers more | Help centre |
Crypto exchanges
| Fact | SafePal | Trezor |
|---|---|---|
| Derivatives | Not confirmed | No |
Where each stands against the rest
| Fact | SafePal | Trezor | Median |
|---|---|---|---|
| Price | $49.99 to $89.99above the median | $79above the median | $0 |
| Coins supported | 200above the median | 8,000highest quarter | 75 |
Median across 85 listed providers.
Pros and cons
SafePal
Pros
- Priced at $49.99 to $89.99, which sits in line with the hardware wallet median of €69.28 across this category
- Custody is self custody, so the keys sit on the device and no operator holds or can move the balance
- The firmware is open source, so the code that handles keys and signs transactions can be read and checked by others
Cons
- Backup is a seed phrase, and there is no split-share option, so a paper copy covers the whole balance
- Support runs on email, help centre and community, with no live chat or phone line listed for holders who get stuck mid-setup
- Signing needs a phone or computer running the app, so recovery depends on your own seed phrase alone
Trezor
Pros
- Custody sits with the holder: self custody, with no provider able to move the funds
- Open source firmware, so the code can be read and checked
- A secure element rated EAL6+ keeps signing inside the device
Cons
- Price of $79 leaves it towards the pricier end of the table, ranking at 103 of 120
- Coins supported rank of 8 out of 108 trails rivals that list more
- Support runs on help centre only, so a lost seed has no live agent to call
Who each suits
SafePal
Who it suits
- Buyers who want to hold their own keys rather than see a balance sit with a platform operator
- Holders of many small positions who need wide coin coverage from a device they must set up themselves
- People who are comfortable buying hardware and writing down a seed phrase that they will keep offline and private
Who should look elsewhere
- Anyone who wants a platform account with deposit rails and an app balance, since bynex runs on custodial custody
- People who need help from a live agent, since support runs on email, help centre and community with no phone line listed
- Buyers who want a phone-only software wallet, since this is a hardware device they have to buy first
Trezor
Who it suits
- Long-term holders who want self custody and no provider holding keys
- People who read code and value open source firmware
- Users with a modest coin range who will pay $79 once
Who should look elsewhere
- Traders, who need fees and order books rather than a hardware device
- People chasing yield, since derivatives are not offered and no yield feature is listed
- Those wanting phone-only custody, where bynex and Atomic Wallet are mobile wallets and bynex is custodial
Current offers
SafePal
Current offer
Discount code
10% off with promo code SFP@MiCA: 10% off
Use promo code SFP@MiCA at checkout
Source, checked September 26, 2026
Bonus
Buy 2 for free global shipping: Free standard shipping
Purchase any 2 units or more of the SafePal S1, S1 Pro, X1 or Cypher with Standard Shipping; leather case and Express Delivery excluded
Source, checked September 26, 2026
Country by country
| Country | SafePal | Trezor |
|---|---|---|
| Argentina | No | Yes |
Questions about each
SafePal
How much does a SafePal hardware wallet cost?+
The device costs $49.99 to $89.99, and that is the whole outlay because no account subscription is attached. It sits in line with the hardware wallet median of €69.28, so the purchase price is typical for this category of device.
Does SafePal hold my coins?+
Custody is self custody, so private keys are generated on the device and never sit with the company. Nothing is credited to a SafePal account, so no deposit protection scheme applies to any balance. Losing the seed phrase means losing the coins, with no operator able to restore them.
Trezor
What does a Trezor cost?+
A Trezor device costs $79. It is a hardware purchase rather than a subscription, and no account fee or monthly charge is listed alongside it. On the site ranking the device sits at 103 of 120 brands, so expect to pay more than a free software wallet but less than the priciest hardware in the €876.09 range.
Who holds the crypto on a Trezor?+
Custody is self custody, so keys stay on your device and no provider can move the balance. That is the main difference from an account such as bynex, which is custodial. The same setting means a lost backup is a lost wallet, since no support desk holds a copy for you.
Other options to compare
Other matchups
Trezor
SafePal