6 features that make Trezor the #1 hardware wallet

SatoshiLabs
Trezor Blog
Published in
4 min readOct 13, 2023

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Key Takeaways

  • A decade of experience, a pioneer in the hardware wallet industry
  • A commitment to open source, fostering a culture of innovation and experimentation
  • Privacy is paramount at Trezor, one reason why purchase data from the Trezor shop is anonymized
  • Products designed to be future-proof, built with ease of use at their core

By now, you are probably aware of the benefits a hardware wallet offers in managing your crypto securely. Not yet? Here's a 2-minute guide.

In this post, it's time for us to indulge in some self-praise. We'll leave it to you thought to decide. Here, we delve into six reasons why you ought to consider Trezor as your hardware wallet.

So, how does Trezor stand out from the crowd?

1. The original & trusted hardware wallet

In 2013, Trezor founded the crypto hardware wallet industry. What started as a small project of two dedicated programmers soon became the gold standard of cryptocurrency protection and storage. Trezors are the most trusted cryptocurrency hardware wallets worldwide. (Interested in some history? Here's some)

Trezor has been audited by independent security researchers and verified by its track record throughout its years on the market.

#FunFact: The first generation of Trezor, the Trezor Model One, was first released on 29 July 2014. The original home of bitcoin.

Here's our recently launched limited-edition bitcoin-only wallet launched to celebrate 10 years of Trezor

2. Designing security in the open world

Since day one, everything about Trezor hardware wallets has been open source. Think of open-source software as a type of software that has its source code available to the public. This means that anyone can view, understand, and modify the code if they want to. This is in contrast to proprietary software, where the source code is kept secret and only the company that created it has access to it.

At Trezor, we believe that open source is vital for our mission. Through this, we allow anyone to inspect and audit our codebase, ensuring its integrity and security. If anyone can contribute by suggesting improvements and even by launching competing products, the hardware and software designs become stronger.

3. Innovating industry-wide standards

Trezor has pioneered several key crypto innovations, including BIP39 and BIP44.

Bitcoin Improvement Proposal 39, or BIP39, is a protocol introduced as a method for creating a human-readable mnemonic sentence — easy to read and write — from random data that serves as a backup to recover your wallet. It is an open-source protocol that is widely adopted in the cryptocurrency industry.

BIP44, is a protocol that puts forth a specific hierarchy for wallet structures that improves organization, utility, and compatibility.

4. An unwavering commitment to privacy

As pioneers of the industry, we have always put user privacy and security at the forefront. We’ve also been at the forefront of innovations surrounding increased anonymity including Tor and coinjoin. This commitment to your privacy is a cornerstone of our operations at Trezor.

As per our Terms of Service, we do not store any data related to a user’s devices, activity, or personal data, and all purchase information, of devices bought from the official Trezor Shop, is anonymized after 90 days.

Here’s more about our anonymous analytics in the Trezor documentation.

5. Ease-of-use at the core of our products

We understand that self-custody can be intimidating, especially for newcomers. That’s why we’ve gone the extra mile to create hardware wallets that are intuitively easy to use, affordable for many, and that meet the needs of the increasingly diverse crowds entering the crypto space.

Whether you’re an experienced crypto enthusiast or a newcomer eager to explore the world of self-custody, Trezor hardware wallets are your trusted companions. Our devices bring together the best of security and simplicity, ensuring your crypto is safe and always at your fingertips.

Also, the Trezor Suite, Trezor’s desktop application, offers an intuitive interface that simplifies the management of your crypto.

6. Support for 8000+ coins and tokens

Trezor hardware wallets are designed to work with bitcoin along with the most resilient cryptocurrencies and ERC-20 tokens. Our wallets presently support 8000+ coins and tokens, both natively in Trezor Suite and through third-party tools.

Here's a list of all supported coins.

In conclusion

Hardware wallets are the way to go if you’re looking for peak security for your crypto. Trezor wallets combine functionality, convenience, and security. With a decade of experience, a firm commitment to open source, a strong focus on privacy, innovative industry standards, user-friendly designs, and support for a vast array of coins and tokens, Trezor hardware wallets offer you the ultimate guardian of your digital assets.

Seen our latest Trezor model? Packed with features, it's built to make crypto self-custody easier than ever.

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Innovating since we founded the industry in 2013 with production of the first crypto hardware wallet, the Trezor One. Open-source, secure, community-driven.