Trezor Crypto Wallet Review

What Is Trezor wallet?

Trezor Wallet is a physical hardware wallet for Bitcoin digital currency that can function independently of the Internet. It was created in August 2014 by Satoshi Labs. Moreover, the Trezor hardware wallet is considered to be the world's first autonomous device for storing Bitcoin coins. This device stores users' keys, as well as data on financial transactions. Despite the fact that the Trezor wallet is an offline storage device, it is quite handy for performing various tasks, both online and offline.

Review Summary

Advantages and disadvantages

Trezor is one of the best known brands for hardware wallets. This is because Trezor was also one of the first to bring a hardware wallet on the market, in the meantime there are multiple models.

You can choose the cheaper Trezor One or the premium version Trezor Model T. There are some important differences between these Trezor hardware wallets.

The Trezor Model T, for example, allows you to store a number of newer crypto currencies that you cannot store on the Trezor One. Think of coins like Cardano (ADA), Ripple (XRP), Monero (XMR), EOS (EOS) and more.

In addition, you can only use the Trezor One in combination with your computer or smartphone, while with the Trezor Model T you can also control a lot from the device itself. This is one of the reasons why the Model T has a large colour touchscreen while the Trezor One has a small black and white screen with two buttons.

The Trezor hardware wallet is used to safely store cryptocurrency. With a hardware wallet your cryptocurrencies are extra safe, because no one without the Trezor hardware wallet can access your cryptocurrency.

Trezor hardware wallets

Two types of wallets are available:

After purchase, make sure that the holographic stickers on the package are intact. Purchase the device from the official site, do not get it from ads or on the second-hand market.

Package Contents

The standard Trezor hardware wallet package includes:

Differences of Trezor wallets

All Trezor wallets provide good protection for cryptocurrency savings. Model Trezor One is more popular because of its low cost: £41.82 compared to Model T's £135.69. Their functionality is generally similar. But, the Model T is a new generation wallet and very easy to use:

Hardware Wallet Security

Here are some recommendations that will allow you to use Trezor wallet safely:

The device works on the principle of zero trust. This means that if a wallet or computer is hacked, it will not affect the security of stored cryptocurrency in Trezor.

Every transaction goes through a mandatory confirmation on the device itself. If viruses on your computer and were able to tamper with the address and amount, you will be able to see this on the wallet screen and cancel the cryptocurrency transfer.

Operating instructions: installation, receipt, transfer of cryptocurrency

To interact your hardware device with Trezor Suite web wallet interface, you need to click on the "Wallet" button on the official Trezor website, go to the application page and download Trezor Suite for your operating system.

Install the program, restart your browser when finished and go to the "Wallet" page again. The next step is to connect the wallet to your computer.
After connecting to the Trezor Suite interface, you must install the latest system firmware, because the devices are shipped without it. After installing it, disconnect and reconnect Trezor. Then, click to create a new wallet.
Make further settings by pressing "Create a backup in 3 minutes":

Setting up the Trezor wallet is now complete and it's ready to use. You will see an interface for all possible operations with cryptocurrency (receiving, transferring), settings (changing pin code, setting password, etc.).
Receiving funds is as follows:

To transfer cryptocurrency from Trezor wallet, click "Send" and specify:

Trezor Social Media

Conclusion

The Trezor hardware wallet is an essential device for anyone who is seriously engaged in cryptocurrency. You can buy Trezor from more than 150 countries.
The company that produces these devices has been on the market long enough and is doing its best to meet the needs of customers, optimizing the product and making it the safest.