Overview
Trezor wallet is a physical device that securely stores private keys offline, protecting them from hacks, malware, and unauthorized access. It integrates seamlessly with Trezor Suite, a companion software application for managing cryptocurrencies, performing transactions, and interacting with decentralized applications (dApps). Hardware wallets like Trezor are ideal for individuals prioritizing robust protection for their cryptocurrency holdings.
Trezor is available in two models: Trezor Model One (entry-level) and Trezor Model T (premium, with a touchscreen and additional features). Trezor supports a wide range of cryptocurrencies, including Bitcoin, Ethereum, and altcoins.
Pros
– One of the cheapest hardware wallets on the market for beginner investors
– Intuitive experience for managing assets, suitable for beginners and experts alike
– Compatible with thousands of assets, with continuous expansion
– Works seamlessly with platforms like MetaMask for interacting with DeFi protocols and NFTs.
– Includes a recovery seed and optional passphrase for added protection against device loss or theft
– Open-source software allows users to verify the wallet’s security.
Cons
– Trezor doesn’t support some popular assets like ATOM, SUI and DOT, and is slow to add new cryptocurrencies.
– Trezor Suite is only available for desktop. Trezor has a mobile app for Android, but the app only allows users to check their crypto balance.