ŢrⱸⱿoŗ Ⓡ Ⱳaᶅᶅet
Table of Contents
Where Trezor falls short
What Trezor is best for
Trezor at a glance
Full details about Trezor's ratings
Other details you should know about Trezor
Is Trezor right for you?
Full Review
Where Trezor shines
Touch screen: The Trezor wallet Model T has a touch screen that allows for two-factor authentication on the device itself, so you don’t need another device such as a computer to log in. A PIN and passphrase can be entered into the device.
Shamir Backup recovery: Most crypto wallets give you a single recovery seed, but Trezor’s added security method lets you generate and distribute up to 16 recovery shares for your device and store them in different places. Even if one seed phrase is compromised, the additional shares may provide another layer to protect your keys from being stolen. (Note that this option is available only on the more expensive Model T.)
Fully open source: Trezor software can be reviewed and tested by third parties to keep its security transparent. Competitor Ledger has closed-source firmware on its physical devices.
Where Trezor falls short
No native staking or NFT management: The Trezor suite, available as a desktop application or browser extension, allows coin management including purchases and swaps, but you’ll have to integrate additional software such as Exodus to participate in NFT marketplaces or stake coins with the Model T.
Higher pricing: Trezor’s Model T costs more than $200, while Ledger’s similar offering costs $149 and can store up to 5,500 different coins. The Model One costs about $70, which is close to the price of Ledger’s most comparable model.
Coin offerings: There are about 200 coins that Trezor offers with the Model T but not the Model One, including Ripple (XRP), Monero (XMR) and Cardano (ADA). Both of Ledger's models can store these coins.
No Bluetooth connection or iOS app: Trezor has a desktop application, browser extension and an upcoming Android app, but unlike some competitors, it isn’t compatible with Apple’s mobile operating system. Trezor also does not offer Bluetooth connections.
» Want more options? Here are our top hardware wallet picks
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