Trezor – Best Bitcoin Cryptocurrency Cold Storage Hardware Wallet?
Here is a review of the Trezor Hardware Bitcoin wallet, which is one of the most commonly purchased and used products among those who wish to securely store their cryptocurrency. Is it worth the slightly hefty price tag attached to it? Let’s find out!
What Is Trezor?
Trezor is the OG when it comes to hardware cryptocurrency wallets. It paved the way for others such as KeepKey and Ledger to follow in its footsteps. Since it is the original, does it still lead the pack or is it old and outdated?
I would say the former is more accurate than the latter. It is definitely still state of the art and lives up to its claim of being the most secure place to store your cryptocurrency.
Quick And Easy To Set Up
Technology sure likes to make the setup process the longest and most dreaded part of using it. That is not the case with the Trezor Hardware Bitcoin wallet. Setting it up and is so quick and easy.
All you have to do is plug the micro-USB to USB cord into your device’s USB port and it will only take a minute or two to go through the private and secure process to set it up and register it. Anybody can do it!
Super Easy To Use
Using the wallet is just as easy as setting it up. Anybody with even a bare basic understanding of computers can easily operate this device and store their currency on it.
The interface is super easy – all you are doing is clicking buttons to perform various operations. And if that is not easy enough, Trezor even includes instructions for how to use it.
You Will Not Lose Your Currency If You Lose Your Trezor Device
When you set up your Trezor device, you are prompted to set recovery phrases so that in the case of emergency (such as losing your device), you can easily get access to your currency again by using those phrases. The Trezor is about the size of a USB stick, so it can be easy to lose.
This feature gives you the peace of mind knowing that if you do misplace it, your currency will be safe. Although it will suck if you are not able to find your Trezor, because you will be out of the hefty sum of money that you paid for the product in the first place.
Strong Encryption Ensures That None Of Your Data Will Be Compromised
Anything and everything you store on your Trezor device will be securely stored and encrypted on the cloud. Trezor even enables you to access your data through SSH, which comes in handy for more tech-savvy users.
In addition to that, Trezor has also adopted the very popular two factor authentication provision that will make it almost impossible for anyone to log into your account, since they would need your cellphone or whatever you set your secondary authentication device to be to access your account.
Trezor Stands Out From The Rest
Other hardware Bitcoin wallets, such as KeepKey, are bigger and look like external hard drives. That is not the case with Trezor. As I stated earlier, it is about the size of a USB stick, which means you can easily carry it around and use it on the go.
Compatible With Different Cryptocurrencies And The “Big 4” Operating Systems
Much like other hardware Bitcoin wallets that cost around 100 bucks, the Trezor is compatible with the four main operating systems that most devices utilize – Windows, MacOS, Android, and Linux.
In addition to that, you can store more than just Bitcoin on the Trezor. Other cryptocurrencies such as Litecoin and Dogecoin can be stored as well.
Trezor Hardware Specifications
- Weighs under half an ounce.
- Connects to computers with a micro-USB to USB cord (the hardware itself has a micro-USB port)
- Has a very capable 120 megahertz ARM Cortex M3 CPU
- Has a 128×64 3.12” OLED screen display
- Size measures at about 60 millimeters by 30 millimeters by 6 millimeters
Trezor lacks alternative connectivity methods, such as Bluetooth, because it was built on the premise of simplicity and security. Bulking it up with new and cutting edge connectivity methods could make it more vulnerable to being exploited and hacked.
The Trezor hardware Bitcoin wallet will end up costing you 99 dollars if you buy directly from their website. This is about the same price of the KeepKey Bitcoin wallet. If you decide to buy from Amazon instead, it will cost you 20 dollars more. These prices have changed in the past and are subject to change in the future, so keep an eye out.
Trezor Company Information
The Trezor Bitcoin wallet is made by a company called Trezor. It was founded in 2012 and is headquartered in Prague, Czech Republic.
You can contact Trezor using their online contact form on their website.
I am a huge fan of the Trezor hardware Bitcoin wallet and I find it to be a great value for the money. And apparently I am not alone in that thinking. As it stands, Trezor has a 4.5 out of 5 stars average rating on Amazon, with over 100 happy customer testimonials. After looking at these testimonials, it seems that the only complaint people have is the price.
Paying 100 dollars for a tiny product may leave a bad taste in some peoples’ mouths. On top of that, you can find other hardware Bitcoin wallets for 50 dollars. Of course, those are made by less recognizable brands and are much lower quality than the Trezor, but people always look at the price tag first.
I really do think it is a great value, though. As the old adage goes, big things come in small packages and Trezor is a great testament to that.
Many people love how simple it is to set up and use Trezor, not to mention how the small size makes it super easy to carry around with you. On top of that, those who have turned away from Bitcoin enjoy the fact that they can store their other cryptocurrencies on it and share the same simplicity and security.
Remember, Trezor was the original hardware Bitcoin wallet. That fact alone inflates the price a bit but it has set the bar that no other hardware Bitcoin wallet has been able to hit thus far. It is up to you to decide if it is worth the relatively hefty investment. My verdict is that the Trezor is very much worth it.
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