Safe review

Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Safe is a software wallet at a price of $0 that puts 28 coins and networks under keys you hold yourself, which suits long-term holders who want custody in their own hands. Its cost score of 7.7 is the strongest part of its rating.

Key facts

Best for
Self-custody coin holding with open source code, at a price of $0.
Wallet type
Software↗
Price
$0↗
Custody
Self custody↗
Coins supported
28↗
Open source
Yes↗
Legal entity
Safe Labs GmbH↗
Headquarters
Germany↗
Support channels
Email, Chat, Help-centre, Community↗
Features
Self-custody
Official website
safe.global

Facts checked September 26, 2026, 5 sources

Apps and profiles

Get the app
App Store

Pros and cons

Pros

  • Custody is self custody, so the keys stay with the holder rather than the provider.
  • The wallet is open source, so anyone can read the code.
  • Ranked 1 of 121 brands on price, with support through email, chat and help centre.
  • Built by Safe Labs GmbH, based in Germany.

Cons

  • It is software, so the security of your coins rests on your own device rather than separate hardware like hardware.
  • Coins supported rank 67 of 111, below the 46 median for the category.
  • Support runs on email, chat and help centre only, so no phone line is available.
Safe

Ready to try Safe?

Scored 9.3 / 10 by SumCue.

Who it suits

  • Long-term holders who want custody in their own hands and will keep a device secure.
  • People who read code, since the wallet is open source.
  • First-time buyers, since the price is $0 and the software type runs on the devices you already own.

Who should look elsewhere

  • Trezor, if you want the keys held in a device you plug in rather than in software on your own machine.
  • VaultLeap or eToro, if a mobile wallet on a phone suits you better than software.

How Safe compares

Frequently asked questions

What does Safe cost to use?+

Safe is a software wallet priced at $0, ranking 1 of 121 brands on price. Its cost score is 7.7, while the overall score is 6.2. Help is offered through email, chat and help centre.

Who holds the coins in a Safe wallet?+

Custody is self custody, so the keys sit with you rather than with Safe Labs GmbH, the legal entity behind it. That takes a counterparty out of the chain, and it also puts the security of your funds in your own hands. Safe is based in Germany.

Is Safe open source?+

Yes, the wallet is open source, so anyone can read how it works. It is a software wallet from Safe Labs GmbH, based in Germany, and its custody model is self custody. Open source covers the code, while the keys still belong to whoever sets them up.

How many coins can I hold in Safe?+

Safe supports 28 coins and networks, placing it at position 67 of 111 brands in the ranking on coins supported. That is below the 46 median across the category, which stretches higher for wallets that list many more assets.

What kind of wallet is Safe?+

It is a software wallet, so it runs on your own device rather than as a separate piece of hardware. Trezor is a hardware wallet, and both eToro and VaultLeap are mobile wallets. Safe is built by Safe Labs GmbH.

How do I get help from Safe?+

Help comes through email, chat and help centre, and no phone line sits among them, so a problem with a transaction has to go through email, chat or the community. Support is run from DE by Safe Labs GmbH.

Can I lose money using a crypto wallet?+

With self custody, no provider can move the coins, but market risk stays. Across the products compared here, the median share of retail accounts that lose money is 70.15%, and the middle range runs 65.75% to 74.5%.

Who does Safe suit?+

Safe suits people who want control of the keys and time to check the code. With a price of $0 and 28 supported coins, it is an easy first wallet for holding. It is a weaker fit if you want keys held in separate hardware, as Trezor does with hardware.

Sources

  • app.safe.global/terms checked September 26, 2026

    Backs: Features, Support channels, Wallet type

    “A Safe Account is a modular, self-custodial (i.e. not supervised by us) smart contract-based wallet not provided by Safe Labs.”

  • safe.global checked September 26, 2026

    Backs: Custody, Price

    “Safe{Wallet} is a self-custody smart contract wallet that enables multisig security, programmable access control, and secure treasury management across multiple blockchains.”

  • safe.global/faq checked September 26, 2026

    Backs: Open source

    “Yes. Safe is fully open-source, including smart contracts, interfaces, and core modules.”

  • safe.global/imprint checked September 26, 2026

    Backs: Headquarters, Legal entity

    “Country of domicile: Germany.”

  • safe.global/networks checked September 26, 2026

    Backs: Coins supported

    “28+ Networks supported”

Compiled from 5 source pages, checked September 26, 2026. We did not open an account.

Safe

Safe

Self-custody coin holding with open source code, at a price of $0.

9.3/10See alternatives