Trezor Hardware Wallet

Secure, offline storage for cryptocurrencies — overview, features, setup, and best practices.

Overview

Trezor is a family of hardware wallets created by SatoshiLabs designed to protect cryptocurrency private keys by storing them in a small, tamper-resistant device kept offline. Unlike software wallets that live on internet-connected devices, Trezor keeps critical operations — signing transactions and storing secrets — on the device itself, reducing exposure to malware, keyloggers, and phishing attacks.

Trezor devices are best-suited for users who want to retain full self-custody of their assets while minimizing attack surface. They integrate with official apps (Trezor Suite) and many third-party wallets and services that support hardware-wallet standards.

Models & Comparison

Trezor comes in two mainstream models: Model One (compact, cost-effective) and Model T (touchscreen, supports more coins and features). Choose based on budget and required features.

Trezor Model One

Reliable and budget-friendly. Supports the most popular cryptocurrencies and provides core features such as PIN protection, recovery seed generation, and transaction verification on a small monochrome screen.

Trezor Model T

Premium model with a full-color touchscreen, faster processor, and broader coin support (including some that Model One does not support natively). Model T also offers a more intuitive on-device experience for passphrase entry and confirmations.

Core Features

Cold storage of private keys: Keys are generated and kept on the device; signing occurs offline.
PIN protection: Prevents unauthorized access if the device is lost or stolen.
Recovery seed: Human-readable backup words that allow wallet recovery on a new device.
Optional passphrase: Adds an additional secret to create hidden wallets (advanced use).
On-device verification: Every transaction and address is confirmed on the device screen to prevent tampering.
Open-source firmware: Allows public review of the code that secures keys and handles transactions.

Tip: For maximum resilience, store your recovery seed on a metal backup plate (resistant to fire and water) and keep copies in separate secure locations.

Setup Basics

Unbox & inspect: Verify tamper-evident packaging and that the device looks intact.
Visit official start page: Use trezor.io/start and download Trezor Suite (or use the web app).
Connect device: Plug in using the supplied cable; the app should detect your device.
Create new wallet: Initialize, set a PIN on-device, and write down the recovery seed exactly as shown — do not store it digitally.
Update firmware: If prompted, apply firmware updates via the official app before using the device for funds.

After setup, add accounts in Trezor Suite (Bitcoin, Ethereum, tokens) and always confirm addresses and amounts directly on the device display before approving transactions.

Security Best Practices

Always download software from trezor.io and verify signatures where provided.
Never enter your recovery seed into a computer, phone, or online form. Treat it as the ultimate private key.
Use a unique, strong PIN; remember that the device shows a randomized keypad to protect against observation and keyloggers.
Consider using a passphrase only after learning how it works — losing the passphrase can make funds irretrievable.
Keep firmware and apps updated, and avoid unofficial firmware or third-party applications that request sensitive information.

Warning: If you lose both your device and your recovery seed (and passphrase if used), you will permanently lose access to your funds.

Troubleshooting & FAQ

Device not detected

Try a different USB cable or port, install or update Trezor Bridge, and restart the app. Avoid power-only cables.

Forgot PIN

You must reset the device to factory settings and recover your wallet using your recovery seed.

Firmware update failed

Follow official recovery steps shown in Trezor Suite. If unsure, contact official support and do not accept firmware from unofficial sources.