Trezor Safe 3 Review

Hardware Hardware wallet Reviewed by CryptoExchangeReview Australia · verified 2026-07-31
8.3Wallet Score / 10

Verdict

The cheapest Trezor with a secure element — open-source security on a budget.

Score breakdown

Six pillars, weighted identically for every wallet (security-weighted).

Security 8.5
Openness 10.0
Assets & chains 6.5
Ease of use 7.0
Value 9.0
Backup & recovery 9.0

Pros

  • Open-source firmware + EAL6+ secure element
  • Excellent value
  • Bitcoin-only firmware & privacy tools
  • Shamir backup option

Cons

  • Small mono screen, button-driven
  • No Bluetooth
  • Fewer supported chains than some rivals

Security & track record

No known exploit of the Safe 3.

Specifications

TypeHardware · Hardware wallet
Price~A$120 (USD-converted (~US$79))
MakerSatoshiLabs · Czech Republic
Released2023
Secure elementEAL6+ (Infineon OPTIGA)
Open sourceOpen-source
Backup / recoverySeed phrase + optional Shamir
Air-gappedNo
ConnectivityUSB-C
Screen0.96" mono OLED (buttons)
PlatformsDesktop, Android, iOS (limited)
AssetsThousands (BTC-only firmware option)

Trezor Safe 3 — frequently asked questions

Is Trezor Safe 3 safe?

Trezor Safe 3 is a hardware wallet. It keeps your private keys offline on a EAL6+ (Infineon OPTIGA) secure element, so they can't be reached remotely. Its firmware and app are fully open-source and auditable. No known exploit of the Safe 3. The biggest risk with any self-custody wallet is your recovery phrase — never share it or type it into a website.

How much does Trezor Safe 3 cost?

Trezor Safe 3 costs ~A$120 (USD-converted (~US$79)). Only ever buy a hardware wallet directly from the manufacturer or an authorised reseller — never a marketplace listing or a "pre-configured" device.

What coins does Trezor Safe 3 support?

Trezor Safe 3 supports Thousands (BTC-only firmware option). Check it covers the specific coins and networks you hold before you commit.

Is Trezor Safe 3 good for beginners?

Trezor Safe 3 suits users already comfortable with self-custody. It's a hardware wallet, best for budget, Bitcoin & privacy, beginners.

What happens if I lose my Trezor Safe 3 device?

Losing the device doesn't mean losing your crypto — you restore your funds onto a new device using your backup (Seed phrase + optional Shamir). But if you lose the recovery phrase itself, the funds are gone permanently — no one, including the maker, can recover them. Back it up offline in more than one secure place.

General information only — not financial advice. Prices are approximate (many makers publish USD only) and change frequently; verify current pricing with the maker. Self-custody wallets put you in full control of your keys and your risk.