Part of our Crypto Wallets and Security guide. How we research and review.
Key takeaways
- The closest all round alternative is BitBox02: Swiss made, fully open source, USB-C, around 173 dollars. The newer BitBox02 Nova at 203 dollars adds Bluetooth and iPhone support.
- Wireless is no longer a reason to leave Trezor. The Trezor Safe 7 has Bluetooth 5.0+ and Qi2 charging. Ledger is still the cheaper route to wireless, from around 149 dollars for the Nano X.
- For Bitcoin only storage, Coldcard and Blockstream Jade are purpose built and air gapped. They are the wrong tool if you also hold Ethereum or use DeFi.
- For air gapped signing over QR codes with no cable ever, look at Keystone 3 Pro at 149 dollars.
- For most people already looking at Trezor, the honest answer is that a Trezor Safe 3 or Safe 5 is still the pick. The alternatives win on specific needs, not in general.
Short answer. Look at BitBox02 if you want the same open source philosophy from a different company, Ledger if you want wireless for less than a Safe 7, and a Bitcoin only device like Coldcard or Jade if you hold only Bitcoin and want air gapped security. If none of those specific needs apply, there is no strong reason to move away from Trezor.
Trezor alternatives compared
| Wallet | Price | Open source | Connection | Focus | Best for |
|---|---|---|---|---|---|
| Trezor Safe 5 (baseline) | ~$169 | Full | USB-C | All assets, DeFi | General use |
| BitBox02 | $173 | Full | USB-C | All assets or Bitcoin only edition | Closest like for like alternative |
| BitBox02 Nova | $203 | Full | USB-C, Bluetooth | All assets or Bitcoin only edition | Open source with iPhone support |
| Ledger Nano X | ~$149 | No | USB-C, Bluetooth | All assets, mobile | Cheapest wireless |
| Coldcard Q | $289 | Source available | USB-C, QR scanner, or air gapped via microSD | Bitcoin only | Bitcoin holders who want air gap |
| Coldcard Mk5 | $189 | Source available | USB-C or air gapped via microSD | Bitcoin only | Cheaper Coldcard |
| Keystone 3 Pro | $149 | Full | Air gapped via QR codes | All assets | No cable, ever |
| Blockstream Jade | $67 (list $79) | Full | USB-C or air gapped via camera | Bitcoin and Liquid | Low cost Bitcoin storage |
| Blockstream Jade Plus | $149 to $169 | Full | USB-C or air gapped via camera | Bitcoin and Liquid | The upgraded Jade |
Prices taken from each vendor’s own store on 1 September 2026, in US dollars. They move with promotions, so confirm at checkout.
BitBox02: the closest match
Made by Shift Crypto in Switzerland, the BitBox02 shares Trezor’s open source approach: all firmware is public. It comes in a Multi edition that supports Ethereum and other assets and a Bitcoin only edition with a smaller attack surface. It plugs in over USB-C, uses a touch slider for input, and pairs with the BitBoxApp on desktop and Android. At 173 dollars it sits right alongside the Trezor Safe 5.
The newer BitBox02 Nova, 203 dollars, adds a glass display and Bluetooth for iPhone and iPad. If you liked everything about Trezor except that you want a second option from a different company, this pair is the answer.
Ledger: still the cheaper route to wireless
Ledger used to be the only way to get a wireless hardware wallet. That changed: the Trezor Safe 7 has Bluetooth 5.0+ and Qi2 wireless charging, with the radio switchable off in settings. What Ledger still has is a lower entry price for wireless. The Nano X pairs over Bluetooth for around 149 dollars, a hundred less than a Safe 7, and the Nano Gen5, Flex and Stax add NFC and E Ink touchscreens.
The trade offs are unchanged: Ledger’s firmware is closed source and the company had a customer data breach in 2020. The full comparison is in Trezor vs Ledger.
Coldcard: Bitcoin only, air gapped
Coldcard is built for Bitcoin holders who want the device to never touch an internet connected computer. You can operate it fully air gapped, moving transactions on a microSD card. The interface is deliberately technical and there is no altcoin support at all. The Coldcard Q, 289 dollars, adds a QR scanner, a qwerty keyboard and battery support; the Mk5 at 189 dollars is the cheaper option. Both are the wrong tool if you use Ethereum or DeFi. Note that Coldcard is source available rather than fully open source, which matters if that distinction is why you were looking at Trezor.
Keystone 3 Pro: no cable at all
Keystone signs transactions by scanning QR codes back and forth with your phone or computer, so the device never connects physically or wirelessly. It has a large touchscreen, a fingerprint sensor, multiple secure element chips, and open source firmware. It supports Bitcoin, Ethereum and many other chains. At 149 dollars it undercuts the Safe 5. The QR workflow takes a little getting used to but removes the USB and Bluetooth attack surface entirely.
Blockstream Jade: low cost Bitcoin
The Jade is one of the cheapest reputable hardware wallets at 67 dollars, listed at 79. It is open source, focused on Bitcoin and the Liquid network, and can run air gapped using its camera. It relies on a companion app and, in its standard mode, a Blockstream server for some functions, though a fully self hosted option exists. The Jade Plus, 149 to 169 dollars, is the upgraded model. Good as a first Bitcoin device or a backup.
When to stay with Trezor
If your needs are ordinary, holding a mix of assets, using MetaMask or Trezor Suite, wanting open source firmware and a simple setup, then a Trezor Safe 3 at around 79 dollars or a Safe 5 at around 169 dollars is still the recommendation. The alternatives above are better only where a specific requirement applies. See the full ranking.
Trezor alternatives FAQ
What is the best alternative to Trezor?
BitBox02 for a like for like open source alternative at 173 dollars, Ledger if you want wireless for less than a Safe 7, and Coldcard or Blockstream Jade if you hold only Bitcoin and want air gapped storage.
Is there a Trezor with Bluetooth?
Yes. The Trezor Safe 7 has Bluetooth 5.0+ and Qi2 wireless charging, and the radio can be disabled in the device settings. It is the only Trezor with one; the Safe 3 and Safe 5 are USB-C only. For cheaper wireless, the Ledger Nano X is around 149 dollars and the BitBox02 Nova is 203.
Are cheaper hardware wallets safe?
Some are. The Blockstream Jade at 67 dollars is open source and reputable. The risk with very cheap wallets is unknown brands with no audit history and no secure element. Stick to established names.
Should I use a Bitcoin only wallet?
Only if you hold only Bitcoin. A Bitcoin only device like Coldcard has a smaller attack surface, but it cannot hold Ethereum, stablecoins or anything used in DeFi. Most people are better served by a general device.
Can I use more than one hardware wallet?
Yes, and many people do. A common setup is one device for long term Bitcoin cold storage and another for everyday assets and DeFi. Each has its own seed phrase.
Sources and verification
Last reviewed: 1 September 2026.
Related guides
- Trezor vs Ledger (2026)
- Best Hardware Wallets 2026, Ranked
- Trezor Safe 7 Review 2026
- Is Trezor Safe?
- Wallets and Security hub
Bernard Mudafort is the founder and lead writer of bitcoinethxrp.com. He has been active in DeFi since 2018 and has personally tested yield farming strategies on Aave, Curve, Uniswap, and Arbitrum, focusing on sustainable, risk-managed approaches to crypto passive income.