A Complete Trezor One Review: One of the Cheapest Hardware Wallets

midas Midas Last update: March 25, 2024

Welcome to our Trezor Model One review! If you’re searching for the ideal cryptocurrency wallet for personal or business use, you’ve come to the right place. In this comprehensive guide, we’ll unveil the features and benefits of this top-rated wallet to help you determine if it’s the perfect fit for your needs. So, sit back, relax, and let’s dive into the world of the Model One.

Why trust this review? Check out our rigorous testing and reviewing process, and details about our affiliate partnerships.

A Summary of Trezor Model One

The Model One from Trezor is a sleek, compact, and highly secure hardware wallet designed to safeguard your cryptocurrency investments. With its robust security features and user-friendly interface, it has become a popular choice among both crypto newbies and seasoned investors.

model one

This wallet is designed for anyone who owns or plans to own cryptocurrency, be it for personal investment, online transactions, or even as part of a business portfolio. Its versatility caters to a wide range of users, from casual crypto holders to more serious traders.

The intended use of the Trezor Model One is to securely store and manage your digital assets, such as Bitcoin, Ethereum, and other cryptocurrencies. It allows you to carry out transactions, all while keeping your private keys offline and safe from potential cyber threats.

Some of the standout features and benefits of this wallet include:

  • State-of-the-art security to protect your investments
  • Compatibility with over 1,450 cryptocurrencies
  • User-friendly design that’s easy to navigate for all levels of experience
  • Backup and recovery options to ensure your assets are always secure
  • Regular firmware updates to stay ahead of emerging threats

In a nutshell, the Trezor Model One offers a reliable and secure solution for managing your digital assets. Its combination of top-notch security, extensive compatibility, and user-friendly interface make it an excellent choice for anyone looking to protect their crypto assets.

Don’t miss the opportunity to take control of your digital wealth with confidence. Make the smart choice and secure your assets with the Trezor Model One. Click here to purchase yours today!

What Is the Trezor Model One?

The Trezor One is a hardware wallet, a physical device to securely store the private keys of your cryptocurrency assets. It serves as a digital safe, keeping your funds protected from hackers and other online threats. With its easy-to-use interface and stringent security measures, the Trezor Model One ensures your digital wealth remains safe. And it provides a seamless experience for managing your crypto investments.

TypeCold, Hardware
Compatible WithWindows, macOS, Linux, Android
Supported Coins1,450
Price (USD)69.00
Released In2014
Length x Width x Height (mm)60 x 30 x 6
Weight (g)12
ConnectivityUSB Type-C, microSD
NavigationButtons
Screen Size (pixels)128 × 64
Open-sourceYes

Why Choose Trezor Model One?

When it comes to managing your digital assets, security and ease of use are paramount. The Trezor Model One excels in both these aspects, making it a top choice among cryptocurrency hardware wallets. Here are the key strengths and weaknesses you should consider when deciding if this wallet is right for you:

Pros
  • Affordable Pricing
  • Unmatched Security
  • Broad Compatibility
  • User-friendly Interface
  • Regular Updates
Cons
  • Not Compatible With iOS
  • No Wireless Connectivity
  • Limited Screen Size

The Model One’s key strengths include unmatched security through advanced features, ensuring your funds are safe from online threats. Its compatibility with over 1,450 cryptocurrencies and seamless integration with popular software wallets and exchanges make managing your portfolio a breeze. The user-friendly interface caters to all experience levels. And the regular firmware updates ensure your wallet stays current with security enhancements and support for new cryptocurrencies.

However, there are a few drawbacks worth noting. The lack of iOS compatibility may be a barrier for some users. Additionally, the device lacks wireless connectivity, requiring a USB connection for transactions, which could be inconvenient for some. Finally, its relatively small screen size compared to other hardware wallets may impact readability for certain users.

Despite these drawbacks, the Trezor One’s strengths far outweigh its weaknesses. Its unparalleled security, extensive compatibility, and user-friendly design make it an excellent choice for safeguarding your digital assets. Choosing this wallet means investing in peace of mind and confidence for your cryptocurrency journey.

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What Is in the Box?

When you purchase a Trezor Model One, you can expect to find the following components and accessories in the box:

  1. Trezor One hardware device: This crypto wallet is your key to securely storing and managing your cryptocurrency investments.
  2. USB cable: Included for connecting your Trezor Model One to your computer or other compatible devices for transactions and updates.
  3. Lanyard: A handy accessory for attaching your wallet to your keyring or bag, keeping it conveniently within reach.
  4. Recovery seed card: A crucial element for recording your unique 12-24 word recovery seed. This piece of paper acts as a backup for your wallet.
  5. User manual: A comprehensive guide to help you set up and use your Trezor Model One with ease.

It’s essential to ensure that your Trezor Model One arrives in its original, unopened packaging with the security seal intact. This guarantees that the cold storage device chas not been tampered with and maintains the high level of security.

Before using your Trezor Model One, carefully inspect the packaging and device for any signs of damage or tampering. If you notice anything suspicious or the security seal is broken, do not use the device. Instead, contact the customer support team for further assistance. They will guide you through the appropriate steps to address your concerns and ensure your digital assets remain secure.

How to Set Up Trezor Model One?

Setting up your Trezor Model One is a straightforward process that takes just a few minutes. Follow these step-by-step instructions to get started:

  1. Install the software: Visit the official Trezor website and follow the download instructions for your specific operating system. To interact with your Trezor wallet, you can choose between:
    • Trezor Suite: To manage your hardware cryptocurrency wallet and portfolio at once.
    • Trezor Bridge: To connect to supported browsers.
  2. Install the latest firmware: Connect your Trezor Model One to your computer or mobile device using the provided USB cable. The software will prompt you to update the device’s firmware if needed. Follow the on-screen instructions to ensure your wallet has the most up-to-date security features.
  3. Create a new wallet: Then, the software will ask if you want to create a new wallet or recover an existing one. Select “Create New” to set up your new Trezor Model One.
  4. Create a secure PIN: The software will then prompt you to create a unique PIN for your device. This PIN provides an additional layer of security, preventing unauthorized access to your wallet. Choose a strong, memorable PIN, and make sure to keep it confidential.
  5. Backup your recovery phrase: Your device will generate a 12-24 word seed phrase, which is essential for backing up your wallet. And for restoring access to your funds in case of device loss or damage. Write down the seed on the provided recovery seed card, and store it in a safe, secure location.

With your Trezor Model One set up and secured, you’re now ready to start managing your cryptocurrency investments with confidence. Remember to keep your PIN and recovery seed confidential, and always follow best practices to ensure the security of your digital assets.

Best Features

Affordable Pricing

trezor model one price on the official shop

The Trezor One wallet stands out as an exceptionally cost-effective solution in the market, offering a high-quality product with first-rate security features at a competitive price that won’t break the bank.

Cutting-edge Security

Trezor Model One offers top-notch security features, including PIN protection and a secure element chip. These features work together to protect your private keys from unauthorized access, ensuring your digital assets remain safe from hackers and other online threats.

Broad Compatibility

Supporting over 1,450 cryptocurrencies, the wallet allows you to manage a diverse portfolio. It enables you to keep all your assets in one place, making tracking and managing your investments more efficient and hassle-free.

User-friendly Interface

Designed with simplicity in mind, the Trezor Model One provides an intuitive layout that’s easy to navigate. This means you can efficiently manage your cryptocurrencies, even if you’re new to the world of digital assets.

Backup and Recovery

The wallet’s 12-24 word recovery seed serves as a backup for your funds. If your device is lost or damaged, this seed can be used to regain access to your assets, providing an essential safety net and peace of mind.

Firmware Updates

Regular updates ensure your wallet stays current with the latest security enhancements and support for new cryptocurrencies. This means your Trezor Model One remains future-proof, keeping your investments secure in the ever-evolving world of digital assets.

Integration With Wallets and Exchanges

The Trezor Model One is compatible with popular software wallets and crypto exchanges, making transactions smooth and streamlined. This integration simplifies the process of managing your digital assets across multiple platforms.

Compact and Portable Design

The wallet’s small and lightweight design makes it easy to carry with you, ensuring your digital assets are always within reach. This portability allows you to manage your cryptocurrencies conveniently, no matter where you are.

As a note on the design, it is available in two colors: black and white.

Limitations (Potential Dealbreakers)

No iOS Compatibility

The lack of compatibility with iOS devices could be a dealbreaker. Indeed, you won’t be able to use the wallet with your iPhone or iPad.

To overcome this limitation, consider using a dedicated Android device or a computer with your cold storage wallet.

Alternatively, they can explore other wallet options that are compatible with iOS.

No Wireless Connectivity

The lack of wireless connectivity in the Trezor Model One means that a USB connection is required for transactions and updates.

Some competing wallets offer Bluetooth connectivity, providing greater convenience and flexibility.

To minimize this limitation, consider using a dedicated computer or device for managing your cryptocurrencies.

Small Screen Size

The Trezor Model One’s screen size is relatively small compared to other hardware wallets. And it could impact readability for some users.

In comparison, some competing wallets offer larger or touch-enabled screens for easier navigation. Despite this limitation, the wallet’s intuitive interface and physical buttons still provide a user-friendly experience.

If screen size is a significant concern, you can explore other wallet options. And ensure you have appropriate lighting and reading aids when using the device.

Third-Party Expert Testimonials

To provide you with an unbiased perspective on the Trezor Model One, we have gathered quotes from three industry experts who have reviewed the device:

Trezor One is a battle tested hardware wallet that supports a wide variety of cryptocurrencies at an affordable price.

Ofir BEIGEL, 99bitcoins

The Trezor Model One is a great hardware wallet that does the job of securely storing your cryptocurrency offline. It is a small discreet device that you can carry with you or kept hidden away, and is easy to set up and use.

Robert MCDOUGALL, Marketplace Fairness

The Trezor One is one of the best hardware wallets for cryptocurrency on the market, and it comes at an affordable price.

Evan JONES, CryptoVantage

In summary, these expert testimonials highlight the key strengths of the Trezor Model One, including its wide cryptocurrency support, affordability, secure offline storage, and user-friendly design. These expert insights further reinforce the wallet’s reputation as a reliable, secure, and convenient solution for managing digital assets.

Customer Support

When it comes to managing your digital assets, having access to reliable and responsive customer support is crucial. Trezor users can benefit from a comprehensive range of customer support options, ensuring they receive the assistance they need, whenever they need it.

Trezor’s customer support is accessible through multiple channels, including:

  • An extensive knowledge base that covers a wide array of topics, from setting up your wallet and troubleshooting common issues.
  • A live chatbot, called Hal, that handles the most popular queries, and can create a support ticket for advanced issues. Typically, you can expect a helpful response to your queries within 24 to 48 hours.
  • An active community and social media presence on Twitter, Facebook, and Reddit. These channels provide a wealth of information, allowing you to seek advice and share experiences with fellow users.

In summary, Trezor’s customer support provides a solid foundation for users to access assistance and information. The responsiveness and helpfulness of the support team, coupled with the extensive knowledge base and active community, ensure that users have the necessary resources to troubleshoot any issues and make the most of their wallet experience.

Alternatives to Trezor Model One

While the Model One offers a great combination of security and usability, it’s essential to explore other options to ensure you find the best wallet for your needs. Let’s take a look at three popular alternatives and compare their features to the Trezor Model One.

Ledger Nano S Plus

nano s plus

If the lack of iOS compatibility with the Trezor Model One is a concern, or you’re looking for a similarly priced alternative with a secure element chip, the Ledger Nano S Plus might be an ideal choice.

This hardware wallet supports a wide range of cryptocurrencies and offers an intuitive interface. Similar to the Trezor Model One, the Ledger Nano S prioritizes security but lacks wireless connectivity.

When comparing the two, both wallets provide reliable security and support numerous cryptocurrencies. The main difference lies in iOS compatibility, where the Ledger Nano S has an advantage.

Trezor Model T

model t

For those who prefer a more advanced option within the Trezor family, the Model T is worth considering.

This premium hardware wallet features a color touchscreen, expanded cryptocurrency support, and enhanced security features. While it comes at a higher price point, the added functionality and features may be worth the investment for users seeking a top-tier wallet.

When comparing the two Trezor models, the Model T provides a more sophisticated and future-proof option.

KeepKey

keepkey

If a larger screen and a more stylish design are important factors for you, the KeepKey hardware wallet could be an attractive alternative to the Trezor Model One.

Offering a user-friendly interface and support for numerous cryptocurrencies, the KeepKey wallet is known for its simplicity and unique design.

When compared to the Trezor Model One, both wallets prioritize security and ease of use. The primary differences between the two lie in their designs and screen sizes, with the KeepKey offering a more visually appealing option and a larger display.

Frequently Asked Questions

Is Trezor One Safe?

Absolutely! The Trezor Model One is renowned for its top-notch security features. It employs advanced measures to safeguard your private keys from unauthorized access. And it is designed to keep your funds protected against hackers and other online threats. Additionally, the backup and recovery feature ensures that you can regain access to your funds in case of device loss or damage.

Is Trezor One Obsolete?

Trezor Model One is not obsolete. And it continues to be a reliable and secure choice for storing cryptocurrencies. Furthermore, the wallet receives regular firmware updates, ensuring it stays current with the latest security enhancements and support for new cryptocurrencies.

Where To Buy The Trezor One?

The Trezor Model One hardware wallet can be purchased from the official Trezor website (shop.trezor.io). This is the most secure and recommended option, as it ensures you receive an authentic and untampered device. Additionally, you can find the wallet on e-commerce platforms, although it’s crucial to verify the seller’s authenticity to avoid counterfeit products. No matter where you choose to purchase, always make sure to verify the device’s original packaging and seal to ensure its safety and integrity.

Is Trezor T Better Than Trezor One?

The Trezor Model T is considered an upgraded version of the Trezor Model One, offering some additional features and improvements. The Model T comes with a color touchscreen, expanded cryptocurrency support, and enhanced security features. However, these extra features come at a higher price point. While both wallets prioritize security and usability, the choice between the two depends on individual preferences and budget. If you seek a more advanced and future-proof option, the Trezor Model T may be the better choice. However, the Trezor Model One remains an excellent, affordable option for those who prioritize cost-effectiveness and simplicity.

Wrap-up

In summary, our Trezor One wallet review reveals that it is a highly secure and user-friendly hardware wallet, offering an excellent balance of features, compatibility, and affordability. Its cutting-edge security measures, such as PIN protection and a secure element chip, provide peace of mind for cryptocurrency holders. With support for over 1,450 cryptocurrencies and seamless integration with various software wallets and exchanges, the Trezor Model One is a versatile and reliable choice for managing your digital assets.

Although it has a few limitations, such as the lack of iOS compatibility and no wireless connectivity, its strengths outweigh these drawbacks for most users. Expert testimonials from reputable sources further validate the Trezor Model One’s standing as one of the best hardware wallets on the market. In addition, responsive customer support and extensive online resources ensure a smooth user experience.

The Trezor Model One is an ideal choice for those looking for a secure, affordable, and easy-to-use hardware wallet. It is well-suited for both beginners and experienced cryptocurrency holders, who require a reliable wallet to manage their diverse portfolios. While alternatives like the Ledger Nano S Plus, Trezor Model T, and KeepKey may address specific preferences or needs, the Trezor Model One remains a top choice for most users.

Take the first step towards securing your digital assets by investing in an affordable hardware wallet today. With Trezor One, experience unmatched security, broad compatibility, and a user-friendly interface that makes managing your cryptocurrencies a breeze. Don’t wait any longer – safeguard your investments now: Buy Trezor One wallet.

9.1Expert Score
Trezor Model One Review

The Model One is a secure, user-friendly hardware wallet with excellent features and affordability, despite some limitations. It’s a top choice for both beginners and experienced crypto holders.

Security
9
Ease of Use
8.5
Features
9
Customer Support
10
Merits
  • Affordable Pricing
  • Unmatched Security
  • Broad Compatibility
  • User-friendly Interface
  • Regular Updates
Drawbacks
  • Not Compatible With iOS
  • No Wireless Connectivity
  • Limited Screen Size
Midas
Midas

Midas, the Bitcoin enthusiast behind this blog, embarked on his journey in 2017. With dedication and curiosity, he navigated the complex landscape, learning and accumulating Bitcoin without initial investment. Now a whole coiner, Midas’ experience is reflected on LaZBit, offering rigorous reviews and rankings to guide users through potential scams and low-payout sites. As a trusted authority, Midas extends an invitation to join the journey towards a Bitcoin-driven future. Connect and interact with Midas through his Nostree.

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