Hardware wallet review · 2026
Trezor Safe 3 Review for Canadians (2026)
The Trezor Safe 3 is the best budget hardware wallet for Canadian holders — full open-source firmware, a new EAL6+ secure element, and Shamir Backup, all at half the price of a Ledger Nano X. Here's what it does well and where it falls short.
BB
BuyBitcoin.ca Editorial Team
Canadian crypto researchers · methodology
Updated August 11, 2026
Reviewed every quarter
Our verdict
Trezor Safe 3: Best open-source hardware wallet
4.7/ 5
At CA$105 the Trezor Safe 3 is the best value in hardware wallets for Canadian buyers who don't need Bluetooth or 5,000-coin support. Open-source firmware, secure element chip, and Shamir Backup make it a serious tool at a hobbyist price.
What's great
- Half the price of Ledger Nano X
- Fully open-source firmware (auditable)
- New EAL6+ secure element
- Shamir Backup (split seed across locations)
- Trezor Suite desktop app is polished
What to know
- No Bluetooth — USB only (desktop-first)
- Fewer coins than Ledger (~1,200)
- Ships from Czech Republic (7–14 days to Canada)
- Fewer 3rd-party integrations than Ledger
Who the Safe 3 is for
- Canadians who mostly hold Bitcoin, Ethereum, and top-20 altcoins
- Users who value open-source software and being able to verify what's running on their device
- First-time hardware wallet buyers who want to spend less than CA$150
- Anyone comfortable using a desktop rather than a phone for wallet management
Frequently asked questions
For CA$105, the Trezor Safe 3 is the cheapest fully-featured hardware wallet worth owning. It has a new EAL6+ secure element (upgrade from earlier Trezors), fully open-source firmware you can audit, and Shamir Backup for splitting seed phrases. Ships to Canada in 7–14 days.
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