Trezor Model T – Overview
Trezor Model T is the next generation cryptocurrency hardware wallet, an evolved version of Trezor One which is the original hardware wallet for Bitcoin and other cryptocurrencies.
Unlike the Trezor One, Trezor Model T doesn’t have any button, instead Trezor Model T has a touchscreen. This important feature means a lot for enhanced security. With Trezor Model T, you will never need to type your recovery seed in computer keyboards, so you can be sure about leaving no trace in in vulnerable digital environments.
Trezor Model T is very secure and easy-to-use cryptocurrency hardware wallet with its touchscreen and faster processor. And, from the hardware to the software, Trezor Model T is fully open source, there is nothing hidden from you.
Trezor Model T unboxing
Trezor Model T comes in a box small enough to fit into the hand.
The box includes Trezor Model T wallet, a USB-C cable for connection to a computer or mobile device, a magnetic dock and two sheets of paper for your recovery seed. In addition, you can find Trezor stickers in the box.
You can use the magnetic dock located just under the wallet to keep the wallet anywhere you want. Once you have removed the tape from the magnetic dock, you can stick the dock anywhere. However, it is very difficult to remove it as the adhesive is very strong, so you should be sure about the place you are going to stick it.
You can then place your Trezor Model T wallet on magnetic dock as shown on the right photo below.
How to install Trezor Model T & Trezor Model T setup
First connect your Trezor Model T wallet to your computer with USB-C cable. To begin the installation, go to trezor.io/start as you can see on the wallet. You can then install the wallet by following the steps below.
Select Trezor Model T to begin the installation:
Download Trezor Bridge and install it on your computer. During the installation process, you need to disconnect your device from the computer.
Refresh the page after Trezor Bridge is installed.
Click on the button to install the firmware in your wallet.
Once the firmware is installed, you can create a wallet by clicking on the “create wallet” button.
After your wallet is created, you can view cryptocurrencies on the left of the page. Now the most important stage is creating a backup. Press ‘create a backup in 3 minutes’ to start backing up your wallet.
Start the backup key creation process by clicking on ‘continue’ button. After this step, you will perform many actions on your device. You do not need to enter the backup key on the computer thanks to touchscreen of Trezor Model T. With this feature, Trezor Model T maximizes safety.
Start by pressing the “I understand” button on the screen as follows. Then write down 12 words on a paper by swiping down.
You can then finish the process by creating a PIN code and naming the wallet for extra security.
Trezor Model T supported cryptocurrencies
Trezor Model T supports over 1000 cryptocurrencies. You can store many popular cryptocurrencies such as Bitcoin, Ethereum, XRP, EOS and Stellar on Trezor Model T.
For a complete list of coins and tokens supported by Trezor Model T: Trezor supported cryptocurrencies
In the “Wallets” section you can see which sites you can use to manage cryptocurrencies. For example, for Ethereum and ERC-20 tokens, you need to connect your device to Trezor Beta or other wallets such as MyCrypto and MyEtherWallet.
Trezor Model T price
The Trezor Model T is 149 EUR. Depending on the country you live in, there might be a shipping cost and VAT. If you live in the US, it is shipped with DHL Expedited and there is no shipping cost, so Trezor Model T costs 149 EUR in total for US orders.
You can buy a Trezor Model T on the Trezor’s official website.
Is Trezor Model T secure?
The most important difference and feature of Trezor Model T is its touchscreen. Thanks to touchscreen, you do not need to enter critical information such as the recovery seed and the pin code on devices that are exposed to external threats such as computers.
As you never enter the recovery seed on a computer, you have no chance of leaving any mark on a vulnerable digital environment. In this sense, Trezor Model T is the best option for a higher security.
Unlike Ledger, hardware wallets produced by Trezor are completely open source from hardware to software. That means everyone can review all the codes any time.