Trezor Review: Open Source Hardware Wallet
65,00 €
Trezor offers hardware wallets which store bitcoin offline in physical USB-like devices. Trezor is a hardware wallet that provides high-level security to manage bitcoin private keys. The robust hardware wallets designed by Trezor are easy and safe for storing your bitcoin and sats.
Description
Trezor offers hardware wallets which store your bitcoin keys offline in physical USB-like devices. Trezor is a hardware wallet that provides high-level security to manage bitcoin private keys. The robust hardware wallets designed by Trezor are easy and safe for storing bitcoin.
Unlike hot wallets, Trezor allow users to see coins without internet or a computer. Trezor a users can access built-in bitcoin exchanges to buy, sell, or exchange bitcoin when using their hardware wallets. Trezor One also allows users to buy bitcoin directly via the Trezor Wallet app using fiat.
How Does Trezor Work?
The Trezor hardware wallet functions like a little computer and validates all transactions within it, making it possible to verify any amounts, recipient, and other details anytime. The device operates by generating and storing private keys, which are required to access and spend your digital assets. A PIN code and recovery seed phrase are generated during the setup process. The PIN code is needed to unlock the device and confirm transactions, whilst the recovery seed phrase is used to re-establish access to your funds if the gadget is lost or damaged. To send bitcoin from your Trezor wallet, connect it to your computer or mobile device and confirm the transaction using your PIN. The transaction is then signed by the device with your private key and broadcast to the network.
If your Trezor wallet is lost or damaged, you can recover your bitcoin using the recovery seed phrase, which can be used to generate the same private keys as the original device.
Does Trezor have a mobile app? No, Trezor does not have a mobile app at the moment. However, you can make payments with Trezor via your Android phone. To do this, you will need to connect to Trezor Suite in your browser using WebUSB. Here are detailed instructions.
Advantages of Trezor Wallet
- You can have a bitcoin savings plan using Dollar-cost averaging (DCA) strategy with scheduled buys direct to your Trezor wallet
- It can be connected to third-party wallets and apps such as Electrum, Exodus, Coinmate, and Coinmap
- Open-source software
- Anonymous connection over Tor is possible
- You can buy bitcoin with fiat using Trezor
- It offers Trezor Suite (a desktop app) and a web app for Chrome and Firefox
- Large display and color touchscreen
Disadvantages of Trezor Wallet
- It’s a bit pricey compared to other hardware wallets
- It does not have a Bluetooth feature
- It has no mobile app
- It is not airgapped
- Non-durable plastic case
Is Trezor Safe?
The Trezor wallet is one of the most secure ways to store and manage bitcoin. It protects your private keys and funds from hacking and other online dangers by combining offline storage, encryption, and physical confirmation. It also has additional security features like as multi-signature support and passcode protection. However, in order to keep your assets safe, the best security measures must be followed.
Additional information
| Bitcoin Only | |
|---|---|
| Source Code | |
| Wallet Type | |
| Lightning Network | |
| SegWit | |
| Legacy Address | |
| 2FA | |
| Multisig | |
| CoinJoin | |
| Tor Support | Yes |
| Dekstop App | Yes |
| Operating System (OS) | |
| Browser extension | Chrome (works only with the Trezor Model One and no longer updated) |
| Web app | Yes: Chrome (via webUSB or Trezor Bridge), Firefox |
| Built-in Exchange | |
| Color Display | Yes |
| microSD card | Yes (but only on Trezor Model T) |
| USB-C Connector | Yes |
| QR Code | Yes |
| NFC | No |
| Bluetooth | No |
| Air-gapped | |
| Wallet Integration | |
| Battery | No |
| Year Launched | 2013 |
| Made in | Czech Republic |
Matthew –
I really love using Trezor! It allows me to create many wallets with one seed and using different passphrases. It also has bitcoin-only firmware, so you don’t get distracted by shitcoins or altcoins.