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Trezor Review (2026)

The original open-source hardware wallet — fully auditable firmware for maximum security

4.4(2,840)
Crypto Wallets

Last updated: June 2026

What is Trezor?

Trezor is the world's first hardware wallet, created by SatoshiLabs in 2014, and remains the gold standard for security-conscious users who prioritize open-source transparency over brand recognition. Unlike Ledger's proprietary firmware and secure element chips, Trezor's entire software stack — firmware, desktop app, and web interface — is fully open source and independently auditable. This means any security researcher can review exactly how your keys are generated, stored, and used. The Trezor Safe 3 and Trezor Model T are the current flagship devices, supporting Bitcoin, Ethereum, Litecoin, Cardano, Solana, and 9,000+ other coins. The companion Trezor Suite desktop app provides a clean portfolio view, coin controls for Bitcoin privacy, and direct interaction with Ethereum dApps via MetaMask or Rabby connection. Trezor does not use a dedicated secure element chip (unlike Ledger), instead relying on the general-purpose MCU and open-source firmware — a tradeoff that enables full auditability at the cost of some resistance to physical extraction attacks. Passphrase support adds an invisible 25th word to the seed phrase, creating a completely hidden wallet that cannot be found even if an attacker has the seed phrase.

Trezor Pros & Cons

Pros

  • Fully open source firmware — every security claim is independently verifiable
  • 9,000+ coin support is among the broadest of any hardware wallet
  • Passphrase (25th word) creates hidden wallets invisible to anyone with your seed
  • No closed-source secure element — no trust required in chip manufacturer
  • Original hardware wallet with 10+ year security track record

Cons

  • No dedicated secure element makes it more vulnerable to physical chip extraction
  • No mobile Bluetooth connectivity — USB only
  • Solana staking requires third-party integration (NuFi) — not native in Trezor Suite
  • 2023 supply chain phishing incident highlighted risks of non-official resellers
  • Less polished companion app (Trezor Suite) compared to Ledger Live

Trezor Pricing (2026)

Trezor

Trezor Safe 3 (~$79)

Custom

  • 9,000+ coins
  • Open source firmware
  • Passphrase support
  • Trezor Suite app
  • USB-C
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Trezor

Trezor Model T (~$169)

Custom

  • Touchscreen
  • 9,000+ coins
  • microSD backup
  • Trezor Suite
  • USB-C
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Trezor Features

FeatureTrezor
Self Custody
Hardware Wallet Support
Evm Chains
Non Evm Chains
Mobile App
Browser Extension
In App Swap
Nft Support
Snaps Extensibility
Multi Sig

Frequently Asked Questions

Is Trezor free?

Trezor does not have a permanent free tier.

What is Trezor used for?

Trezor is used for the original open-source hardware wallet — fully auditable firmware for maximum security. It's primarily used by Web3 teams in the Crypto Wallets category.

What are the best alternatives to Trezor?

See our full alternatives comparison at web3tools.directory/alternatives/trezor.

How does Trezor compare to other crypto wallets tools?

Trezor has a rating of 4.4/5 based on 2840 reviews. Key strength: Fully open source firmware — every security claim is independently verifiable. Main limitation: No dedicated secure element makes it more vulnerable to physical chip extraction.

Ready to try Trezor?

Contact their team to get started.