Why Trezor hardware wallet and which model to choose

Trezor hardware wallets offer the most safety the crypto world can offer – regardless of whether you use a Trezor One or a Trezor Model T. This remains true if you connect them to your supersecure personal laptop or a shared computer in a public library. 

When deciding which model to choose, you might think that there is no substantial difference between the two models. However…

Trezor One is a product, Model T is a platform

The original model was created as a single-purpose device and is now firmly established as the golden standard of hardware wallets. Model T is meant to be a platform with broader future use cases and possibilities.

Trezor One

If your only aim is to keep your private keys safe and you do not expect the device to do anything else, we recommend the simpler and cheaper model – Trezor One. Its price has recently gone down by almost a quarter, allowing you to get a top-quality hardware device for a reasonable and affordable price.

Trezor Model T

If you want to use your Trezor often, you want to enjoy added security and comfort of a color touch screen and you want to use additional features (such as MicroSD for future storage of encrypted passwords and somewhat more extensive coin support), you might want to invest in the new Trezor Model T. Additionally, it is also noteworthy that the Model T design appears to be much more robust and durable.

Specifications of the individual models

According to the official documentation, the main difference between the two models is the touch screen, SD slot and more supported coins in Trezor Model T. If you think about it, it is rather convenient to have local storage for you encrypted passwords (instead of storing them in the cloud). Not to mention the additional security of the touch screen that enables you to enter both PIN and passphrase on the device itself, without revealing it to the computer you are connected to. 

Both models offer Trezor Password Manager. Although extremely safe and easy-to-use, some might prefer less secure, but more practical, online password managers – carrying your Trezor device every time you want to log in somewhere is just a bit too much sometimes.

The list of supported coins is not so different, but the extra support in Model T might be crucial for certain users.

Both models support more than 700 coins and tokens. Although the list of coins is very similar for both models, Monero support in Trezor Model T is a huge pro.

Monero is an entirely anonymous cryptocurrency with cheap transactions (the recent Bulletproofs upgrade has decreased the transaction fees by impressive 97 %). If privacy is one of your core values (regardless of whether you have something to hide or not), Trezor Model T is the device for you.

Trezor One might get Monero support one day as well (see this tweet), but we are not sure when. Let’s keep out fingers crossed!

Trezor international reputation

Trezor is frequently discussed in various international news portals and forums (Forbes, CoinDesk, CNN and more).

Trezor One was the world’s first and original hardware wallet co-developed by the same person who founded the first Bitcoin mining pool – an impressive accomplishment for a small country like the Czech Republic.

The user interface of the web application Trezor Wallet is available in multiple languages and displays your balances in multiple world fiat currencies. This is handy when doing calculations in your native currency.

To learn more about the the Trezor devices and both technical and non-technical on how to use them, go to Trezor Wiki.