Trezor crypto wallet review: supported coins, fees, security, and how it compares to top wallets in 2026.
The original hardware wallet
Trezor, created by SatoshiLabs, is the world's first hardware cryptocurrency wallet, launched in 2014. As the pioneer of cold storage solutions, Trezor set the standard for hardware wallet security. What makes Trezor unique is its fully open-source firmware, allowing security researchers to audit every line of code. The wallet supports over 1,000 cryptocurrencies and integrates with popular software wallets. Trezor's philosophy centers on transparency and user sovereignty - you maintain complete control over your assets with no reliance on third parties.
Key Facts
- Website: trezor.io
- Founded: 2014
- Headquarters: Prague, Czech Republic
- Rating: 4.8 / 5 (120K+ reviews)
Pros
- Fully open-source firmware
- Excellent security track record
- Strong Bitcoin support
- Touchscreen on Model T/Safe 5
- Shamir Backup option
- Active security research community
Cons
- Fewer supported coins than Ledger
- Model One has small screen
- No Bluetooth (some see as pro)
- Slightly higher price point
Features
- Cold storage: Available
- Open-source: Available (Fully auditable code)
- Shamir Backup: Available (Safe 3/5 only)
- Passphrase: Available (Hidden wallet feature)
- FIDO2/WebAuthn: Available (2FA for websites)
- Password manager: Available
- Coin support: Available (1,000+ assets)
- Touchscreen: Available (Model T, Safe 5)
- microSD backup: Available (Safe 3/5)
- Tor support: Available
Frequently Asked Questions
What is Shamir Backup?
Shamir Backup splits your recovery seed into multiple shares (e.g., 3 of 5). You need a minimum number of shares to recover your wallet. This provides extra security as no single backup location has complete access.
Is Trezor open-source?
Yes, Trezor's firmware is fully open-source and available on GitHub. This allows security researchers and the community to audit the code, making it one of the most transparent hardware wallets.
Trezor vs Ledger - which is better?
Both are excellent choices. Trezor offers open-source transparency, while Ledger has a Secure Element chip and supports more coins. Choose Trezor for open-source philosophy, Ledger for maximum coin support.
Can Trezor be hacked?
While no system is 100% secure, Trezor has never been remotely hacked. Physical attacks exist but require the device and significant expertise. Using a passphrase adds an extra layer of protection.