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Luis Clark
Luis is a personal finance expert who has been passionate and writing about crypto for more than five years.
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    7. Trezor USA Review 2023:...

    Trezor USA Review 2023: What Is It and Where to Buy It?


    Trezor USA Review: Our Opinion

    Trezor is the perfect hardware wallet for U.S. investors and traders due to its dual functional models that feature an intuitive interface and core functionalities. Users can access over 1,200 cryptocurrencies seamlessly and store their crypto and other Web3 assets like non-fungible tokens (NFTs) offline via cold storage. 

    However, investors keen on trading a wide range of small and large market cap crypto assets will be limited compared to other hardware wallets, such as Ledger, with over 5,500+ crypto assets supported.

    Nevertheless, traders and investors looking to initiate simple trading, management, and storage of crypto assets can benefit greatly from using Trezor hardware wallets. 

    An Overview of Trezor USA


    Trezor Wallet was created by SatoshiLabs, one of the most renowned open-source security technology companies. The hardware company was founded in 2013 by Marek Palatinus, Pavol Rusnak, and Alena Vranova and is currently located in the Czech Republic.

    In August 2014, SatoshiLabs launched Trezor Model One in the mainstream crypto space. Trezor Model T was created in February 2018 to meet the digital trend and evolution. SatoshiLabs aims to integrate well-structured design hardware wallets and deliver them globally to crypto investors, traders, and enthusiasts.

    Apart from Trezor Wallets, the crypto project company is also responsible for several well-known Bitcoin projects and solutions, including Slush pool, a Bitcoin mining pool, and CoinMap, designed to show regions that accept Bitcoin as a payment method. 

    Trezor wallets feature major perks that set it apart from its competitors. We also highlight key functions that can be improved. 



    Trezor: What Is It?


    Trezor is a reputable and popular brand of hardware wallets that provides U.S. residents with comprehensive crypto management and offline storage. The Trezor Wallets come in two variations: the Trezor Model One and Model T. 

    These cold hardware wallets integrate industry-standard security protocols, support for small and large market cap crypto assets, and a large storage capacity to cater to high-volume investors.

    Trezor hardware wallets have grown in popularity and functionality, with over one million customers worldwide. 

    Cryptocurrencies Supported

    Trezor wallets are built to support an extensive list of crypto and digital assets. According to the Bitcoin hardware wallet maker, users can access about 1,500 crypto assets, including the following:

    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Litecoin (LTC)
    • Tether (USDT)
    • XRP
    • Cardano (ADA)
    • Stellar (XLM)
    • Dash (DASH)
    • Monero (XRM) 
    • Bitcoin Cash (BCH)

    Who Should Use Trezor Wallet?

    Trezor Wallet is ideal for beginners and advanced U.S. investors keen on trading, managing, and storing over 1,500+ crypto assets offline with ease. 

    For instance, experienced and large-volume crypto investors seeking more advanced utility features can purchase the Trezor Model T hardware wallet. The Model T wallet integrates higher storage capability. Model T can store about 1,450 crypto assets, while the Model One is limited to 1,289 tokens. Additionally, the Model T supports NFTs, enables diverse third-party applications, and provides improved security. 

    Why Use a Cold Storage Wallet? 

    A cold wallet features offline storage and an array of comprehensive security features. With a cold wallet, the private keys of crypto assets are stored in the device and not on the internet. This protects the wallet from unauthorized online access, phishing scams, hacks, fraud, and other risks open to hot wallets (wallets connected to the internet). 

    Crypto traders and investors use cold storage mainly because of its offline storage and security. While hundreds of software wallets (online wallets) guarantee better convenience, security is always a concern. This is because software wallets store users’ funds, assets, and personal data on the internet. Regardless of the adopted security, internet storage gives room for security loopholes that can be exploited via cyber-attacks, resulting in the loss of funds. 

    Crypto assets are less likely to be lost, since online intrusions can’t take place offline.

    Another major reason cold storage wallets are world-revered is their non-custodial integration. Some wallet providers do not give U.S. residents direct access to their private keys; rather, they store them on their online servers. Such wallets are called “custodial” because they do not give users full control of funds and assets. 

    Trezor Wallets are fully non-custodial; investors fully control their funds and private keys—this automatically eliminates the need for third parties between U.S. traders and their cryptocurrency.

    Trezor: Model One and Model T Comparison 


    The Model One and Model T hardware wallets offer U.S. investors great perks such as an intuitive user interface, a wide array of supported cryptocurrencies, zero charges, and a display screen. Both wallets support the signing of NFTs transactions but only when processed with a third-party interface such as MetaMask

    Despite these similarities, the two models have notable distinguishing features, such as portability, screen display, and functionalities. 

    Regarding portability, both Bitcoin wallets are lightweights and have a nice grip on the trader’s palm. However, they differ in size; the Model One is 60 mm x 30 mm x 6 mm and weighs 12 grams, while the Model T has a bigger feel of 64 mm x 39 mm x 10 mm in size and an increased weight of 22 grams. 

    For display, Trezor Model One integrates an OLED display of 128×64 pixels. The Model T, on the other hand, uses LCD and is slightly larger at 240×240 pixels. Also, the Model T integrates a sophisticated wide touchscreen technology that displays crypto transactions via readable texts. Meanwhile, the Model One features a small non-touchscreen with a two-clickable pad to navigate between transaction options. 

    Furthermore, the Trezor Model T integrates a more powerful ARM Cortex-M4 processor, running at 168 MHz, than Model One’s ARM Cortex-M3 processor running at 120 MHz. The Model T also supports NFTs trading and storage. 

    Trezor Model One and Model T are built to be non-custodial and only store cryptocurrencies offline. However, the Trezor Model T is designed to be more compact and appealing to advanced and large-volume U.S. investors.

    How to Set Up Trezor Wallet

    The hardware wallet package includes a device, protective case, USB cable, and an instruction manual. Users must follow the prescribed processes when setting up their Trezor wallets to attain optimal functionality. 

    Install and Connect Trezor Suite App

    Trezor wallet hardware devices can only be activated with a USB cable (which is part of the package) connection to a computer or smartphone. After connecting, U.S. residents must check the hardware device to ensure it is intact. Then, they are to download the Trezor Suite web-based desktop app – this is the web interface of the Trezor hardware wallet.

    Once the download is successful, open the app and click ‘Setup Trezor.’

    Setup Firmware

    Trezor hardware wallets are shipped without firmware; click on ‘Install Firmware.’ Once fully installed, click on ‘Continue.’ 

    Create a New Wallet

    Select ‘Create New Wallet.’ Investors will be prompted to choose the default’ Standard Seed Backup.’ A list of words (12 words) will be generated. This seed backup should be securely stored before as it would be required in the event the wallet is destroyed or lost.

    Then, traders can click ‘Set PIN to create a unique PIN to protect their device from unauthorized access recovery. 

    Activate Preferred Coins

    Once the new pin has been set up, click ‘Continue.’ This will lead investors to the ‘Activate Coins’ window, where they can select their preferred cryptocurrency to be displayed in the Trezor Suite.

    After confirming the active coins selection, tap on ‘Complete Setup’ to continue to the last step. 

    Select Wallet 

    Click ‘Access Suite’ and select the wallet type. Here, users are offered a ‘Standard Wallet’ and a ‘Hidden Wallet.’ The standard wallet is quicker and easier to setup as it does not require any passphrase. However, for the hidden option, users need to get a passphrase before it can be created. To speed up this process, select ‘Standard Wallet.’

    After choosing the wallet type, traders can now access all features of Trezor Suite and use their Bitcoin wallet devices instantly. 

    U.S. traders can open an account on the Trezor platform. This is because Trezor is not a software/mobile or a custodial-based crypto wallet that requires any form of KYC from US investors. 

    To activate Trezor, users must set up the wallet as described above.  


    Trezor claims to embed top-notch security protocols, making it way better than a software wallet. All transactional operations, where U.S. residents insert their private and public keys to send crypto assets, are protected with optimal user authentication via a PIN setup. A time lock is automatically activated if there are too many incorrect PIN attempts. After 16 unsuccessful attempts, the hardware wallet automatically wipes the data, which can only be restored with the secret passphrase.

    To further protect users, Trezor integrates a 24-key passphrase as an alternative to PIN (in case users forget their PIN). The innovative offline storage hardware wallet utilizes solid cryptography like the BIP-39 passphrase and SLIP-39 Shamir to increase security resilience.

    Trezor App

    Both offline storage hardware wallets incorporate a versatile web-based desktop application called the Trezor Suite. The Trezor Suite app helps U.S. residents to access and manage their digital assets on the go.

    The app is compatible with desktop (Windows, Linux, and MacOS) operating systems. However, in this Trezor Wallet review, we discovered that the cold storage wallet does not have a mobile app, so it does not support Android and iOS mobile operating systems.

    Nevertheless, traders can use the app to buy, sell, exchange, and send cryptocurrencies, verify transactions, and access utility third-party apps. The major advantage of Trezor wallets that may appeal to advanced traders is its anonymity feature that can be controlled via the app. Trezor integrates “Tor” functionality and can be used to process untraceable transactions without the use of third-party applications. 

    To further improve privacy, large-volume investors can use the Trezor suite app to set unique IP addresses. The smooth interface and core features of Trezor web-based applications make it perfect for beginners and experienced traders.  

    Customer Satisfaction

    Trezor wallets integrate modern-day trading and storage features that facilitate easy access and management of cryptocurrencies. These features entail a smooth user interface, access to built-in crypto exchanges, third-party applications, NFT support, anonymity trading, offline storage, and robust security features. 

    Apart from its vast integrations, the cold storage wallet also incorporates a customer service team that always provides answers and guidance to all traders and keeps the wallet experience unscathed. Users can request support via the Trezor Help Center.

    We consulted Trustpilot (a reputable review online site for companies) regarding Trezor to verify if customers are truly satisfied with Trezor’s wide range of services. The hardware brand is rated 3.4/5, slightly exceeding the average mark. Over 36% of users gave the offline hardware wallet one star because of late deliveries, slow responses from customer support, bad delivery conditions, unsupported coins, and damaged firmware. 

    Nonetheless, the Bitcoin wallet received a 46% 5-star mark with positive comments regarding solid cryptos support, easy-to-use interface, advanced functionality of Trezor Model T, versatile built-in exchange, and great product offering. 

    Where I Can Buy a Trezor Wallet in the USA

    Ready to buy Trezor? Investors can buy these Bitcoin hardware wallets directly on the official website. Trezor Model One is priced at $69, while Model T at $219. 

    Orders are typically shipped within two to seven business days once they have been confirmed. It takes three to five business days for Model One and Model T orders to be processed and dispatched to U.S. residents.

    Alternatively, U.S. traders and investors can buy Trezor at accredited stores like Amazon

    Final Thoughts

    Trezor is globally recognized as one of the best offline storage hardware wallets. The offline storage device is best for storing various digital assets, as it integrates multiple security protocols to keep funds and data safe.  

    After in-depth research, we found that Trezor hardware wallets have all it takes to help U.S. residents store and manage their crypto investments.

    If you want to know more about Trezor Competitors and other crypto Cards, you can check out our list of the Best Crypto Wallets USA. You can also read about our Ledger USA Review as an alternative to Trezor Wallet.


    Most frequent questions and answers

    In April 2022, Trezor announced via its Twitter platform that users should disregard scam emails originating from noreply@trezor.us as it is a phishing domain. Trezor Wallet is a reliable wallet in the crypto space. This cold storage wallet is well-known for its security measures and safety announcements and is trusted by over 1 million crypto users globally. 


    According to Trezor, if SatoshiLab shuts down Trezor hardware wallets, users will still be able to restore their stored crypto assets and funds from any other standard hardware wallet that supports the same assets. However, this depends on their access to their private seed, as they’re integral for data retrieval. 

    Yes, a Trezor Wallet was hacked in 2017 due to a firmware vulnerability. The hacker moved the PIN and key to the random access memory (RAM) during the firmware update and installed unauthorized code on the system. However, the cold storage wallet has integrated core features to protect users’ funds and assets. 

    Trezor wallets are durable, but the Model T is arguably more vulnerable to damage due to its sensitive touchscreen. Nonetheless, Trezor hardware wallets will last for years under normal usage intensity, so it is important to care for them and not leave them in wet or overheated conditions.  

    Trezor has incorporated functional crypto storage and security structures to prevent malware attacks and keylogging. The Model T recovery phrase is embedded into the hardware device, while the Model One uses an advanced recovery method to avoid malicious computers and gadgets.   

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