Trezor Wallets New Products Aim to Streamline Crypto for Beginners
Major crypto hardware wallet company has launched two new products, as well as a limited-edition wallet to celebrate its 10th anniversary – the latter of which sold out in a day.
The company launched its new hardware wallet and the physical seed phrase store , in addition to the new Trezor Suite desktop and mobile apps.
CEO Matěj Žák commented that self-custody can be intimidating, so the company designed the new wallets and the backup solution with beginners in mind: “They’re packed with security features to keep digital assets safe.”
Trezor Safe 3 is advertised as an “affordable, user-friendly, ultra-secure” hardware wallet for “everyone,” designed to “meet the needs of the diverse crowds entering the crypto space.”
The press release noted another layer of security added: a secure element; a tamper-resistant hardware component providing additional protection against physical attacks should users lose their device.
Trezor also chose an unnamed, third-party secure element vendor that allows it to publish any potential vulnerabilities it finds.
Additionally, Trezor Safe 3 continues to apply open-source principles in using the security component.
Trezor Safe 3 supports bitcoin, ethereum, and over 7,000 other coins.
The wallet retails for $79 and is available in four colours: Comsim Black, Galactic Rose, Stellar Silver, and Sollar Gold.
Safeguarding the Recovery Phrase
The recovery seed, as all crypto users learn on their first day, must be protected under all circumstances. It is the literal key to the money stored in the wallet should the latter be damaged, lost, even stolen.
But keeping this string of words safe can be challenging.
Trezor Keep Metal, says the company, is designed to make this easier: it eliminates mistakes when recording the words, and protects the recovery seed against fire, water, acids, and impacts.
The device is made from aerospace-grade stainless steel, resistant to corrosion. It also comes with a watertight seal.
It can be used for 12-word and 24-word standard backups, available for $99.
The Trezor Keep Metal for 3 x 20-word Shamir backup is also available, for $249.
Finally, to mark a decade since Trezor introduced its hardware wallet, the company a limited-edition run of Bitcoin-only Trezor Safe 3 – in one colour: bitcoin orange.
“In a nod to Trezor’s breakthrough year,” only 2,013 devices were available, for $79 each.
The wallet sold out within a day.
Trezor will donate €21 from each sale to support the Bitcoin education initiative, the Trezor Academy.
Žák commented that BTC is no longer a niche interest. Currently, there are 420 million crypto owners worldwide – predicted to reach a billion by 2027, or eight of the global population.
And each one of the billion should remember: not your keys, not your money.
“As we approach the next wave of Bitcoin adoption, we’ve introduced some compelling new devices that enable crypto novices and newcomers to enjoy the security and peace of mind that comes with owning and safeguarding their own crypto,” the CEO said.