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What is Trezor One?
The Trezor One wallet is also one of the most popular choices for hardware wallets, with the Ledger Nano S. The Trezor One is cheaper than model T but it still very much does the job to keep your coins safe, but with fewer features and without the colour touchscreen.
Trezor comes from SatoshiLabs and is the original hardware wallet for Bitcoin and now cryptocurrency holders. Established in 2013 they are now one of the more seasoned actors in the cryptocurrency space. And the Trezor One is a small and easy to use the device.
Other than that it’s super easy to use, and supports pretty much all the coins you could own. It supports fewer coins than the Model T. So check which ones that are missing. But for the cheaper price than the Model T it is a great buy.
But the Trezor One is still regarded by many as the best hardware around. This might have something to do with the fact that it was the first-ever cryptocurrency hardware wallet. So it means a lot to the devoted crypto and Bitcoin users still.
But the fact of the matter is that it is still a very good crypto wallet and it doesnt’ really lack anything that is vital.
Trezor One supports more than 500 coins and tokens. Trezor One doesn’t have as wide support for cryptocurrencies as the Trezor Model T.
But it still support most of the popular cryptocurrencies and tokens of the biggest blockchains (Ethereum and others).
- Bitcoin Cash
- Bitcoin Gold, Ethereum (+ all ERC20 tokens)
- Ethereum Classic
- Chainlink Stellar
For complete list click here.
What are the differences between Trezor One and Trezor Model T?
While Trezor One has two physical buttons and smaller screen, Trezor Model T features a touchscreen, faster processor, advanced coin support, as well as all the features of the Trezor One. In addition, Trezor Model T has a magnetic dock with a double-sided tape that can be attached to any firm surface.
Then Trezor Model T comes with bigger support for cryptocurrencies. There are many new coins that Trezor One doesn’t support but Trezor Model T does. So that is something to be aware of when exploring options for best hardware wallets.
See a review and how it works video by Boxmining here below
Why should I choose the Trezor One
- As for the Trezor Model T, it has one of the strongest firmware and security features available. You won’t worry much about storing your cryptos on this hardware wallet.
- Cheaper price than the Model T, but same strong safety and more or less same coin support.
- Being able to swap cryptos super easily using the ChangeNOW feature in your portfolio app.
Frequently asked questions about Trezor One
- How do I use the Trezor One?
To use your hardware wallet device you first connect it to your computer. And then you can use it with Trezor’s own web wallet, connect your device to your computer and use that link. Or you can connect it and use another 3rd party wallet interface, the one from the cryptocurrency you want to use.
- Why should I get a hardware wallet?
Well this is completely up to you, but I personally am doing all I can to protect my cryptocurrencies. And I know that hardware wallets like Trezor does the best possible job by all wallets. They keep you offline when you interact with your coins and tokens.
And your private keys never leave your device. With the added passcodes and backup passphrase I can handle the device and all my cryptocurrencies knowing that I’ve done my part to protect them. So if you value similar things I urge you to invest in a safe hardware wallet that you like. Check the support it has for cryptocurrencies and the price and take it from there.
- Which devices can I use the Trezor One with?
You can use ther trezor devices with Windows, macOS, Linux and also Android OS. So you can actually connect your device to computers but also Android phones and tablets.
- Should I get the Trezor One or Trezor Model T?
Ah the famous and most popular question asked by new hardware wallet shoppers. It depends on which cryptocurrencies you are planning to use with the device. So if Trezor One supports the coins and tokens you have today, or you’re planning to buy then fine go for it!
Hello and welcome to Go Cryptowise.
My name is Per Englund and I’m a long-term fan and investor and trader of Bitcoin and other cryptocurrencies. I caught the attention of Bitcoin like many other several years ago, but it was first around 2016/2017 that I truly got into cryptocurrencies and blockchain technology.
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