Trezor Trezor Website

  • ValidationFull Node
  • AnonymityMedium
  • Ease of useIntermediate(Lower)
  • Supported Coins
  • BTC
  • LTC
  • ETH
  • DASH
  • BHC
  • DOGE
  • ZEC
  • ERC20
  • ETC
  • EXP
  • UBQ
  • XEM
  • NMC

Pros & Cons

  • Very high security with a trusted brand name in cryptocurrency.
  • Supports fifteen different coins
  • Users are in control of their own cryptocurrency, and do not have to enter their private key, so it is safe.
  • Backed up by seed key, so losing the device doesn’t cause the loss of your cryptocurrency.
  • Trezor runs with open-source software.
  • You have to pay upfront to buy the hardware device.
  • It is not practical to take your Trezor and laptop everywhere you go to pay for things.
  • It can be inconvenient to have to find your Trezor every time you wish to transact.
  • It can be expensive to transfer Bitcoin between your cold and hot wallets when Bitcoin fees are high.
  • No hardware device is impervious to being physically broken, lost, stolen, or becoming corrupted.

Features

Includes a small LCD display for you to verify transaction contents, and contains password manager software to help users keep track of their passwords.

Wallet Info

Founder(s)
Pavel Rusnak and Marek Palatinus
Price
89 EUR (currently about £78)
Private Keys Stored by
You
Security
Excellent
What it is

A USB device that stores cryptocurrency keys (i.e. a ‘cold’ wallet, as it spends most of its time disconnected from the Internet.

David is a forex trader and writer who has spent the last few years giving his opinion and spreading news about oncoming markets and trading tips. Besides from being a trader he is also a lifelong Everton fan and enjoys spending free time watching his beloved team in the premier league.

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