Have you been thinking about withdrawing your crypto funds from an exchange into someplace safe? Do you have doubts about the security of your mobile wallet? Are you considering investing a large sum into cryptocurrencies, but you are worried that somebody might steal your private keys? The answer for all of these questions is simple: Trezor. Here you will understand – why you should use trezor wallet and which model to choose.
The original model was created as a single-purpose device and is now firmly established as the golden standard of hardware wallets. Model T is meant to be a platform with broader future use cases and possibilities.
If your only aim is to keep your private keys safe and you do not expect the device to do anything else, we recommend the simpler and cheaper model – Trezor One. Its price has recently gone down by almost a quarter, allowing you to get a top-quality hardware device for a reasonable and affordable price.
If you want to use your Trezor often, you want to enjoy added security and comfort of a color touch screen and you want to use additional features (such as MicroSD for future storage of encrypted passwords and somewhat more extensive coin support), you might want to invest in the new Trezor Model T. Additionally, it is also noteworthy that the Model T design appears to be much more robust and durable.
According to the official documentation, the main difference between the two models is the touch screen, SD slot and more supported coins in Trezor Model T. If you think about it, it is rather convenient to have local storage for you encrypted passwords (instead of storing them in the cloud). Not to mention the additional security of the touch screen that enables you to enter both PIN and passphrase on the device itself, without revealing it to the computer you are connected to.
Both models offer Trezor Password Manager. Although extremely safe and easy-to-use, some might prefer less secure, but more practical, online password managers – carrying your Trezor device every time you want to log in somewhere is just a bit too much sometimes.
The list of supported coins is not so different, but the extra support in Model T might be crucial for certain users.
Both models support more than 700 coins and tokens. Although the list of coins is very similar for both models, Monero support in Trezor Model T is a huge pro.
Monero is an entirely anonymous cryptocurrency with cheap transactions (the recent Bulletproofs upgrade has decreased the transaction fees by an impressive 97 %). If privacy is one of your core values (regardless of whether you have something to hide or not), Trezor Model T is the device for you.
Trezor One might get Monero support one day as well (see this tweet), but we are not sure when. Let’s keep out fingers crossed!
Trezor is frequently discussed in various international news portals and forums (Forbes, CoinDesk, CNN and more).
Trezor One was the world’s first and original hardware wallet co-developed by the same person who founded the first Bitcoin mining pool – an impressive accomplishment for a small country like the Czech Republic.
The user interface of the web application Trezor Wallet is available in multiple languages and displays your balances in multiple world fiat currencies. This is handy when doing calculations in your native currency.
The initial setup is simple and only takes a few minutes. Whenever you feel lost, you can contact the Support Team – they react very quickly (we have tried).
In case you manage to lose or damage your device, you can recover it using your recovery seed. In case somebody steals your hardware wallet, they will not be able to use it, as it is protected by a PIN, which is extremely hard to brute-force thanks to multiple security measures.