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Hardware wallet

Trezor Model T Review

4.6/5

Price: From $219

Updated: 2026

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Pros

  • Fully open-source firmware and hardware
  • Touchscreen interface for easy verification
  • No Bluetooth (smaller attack surface)
  • Shamir Backup support

Cons

  • Higher price than many competitors
  • Larger physical form factor
  • No native mobile companion app

What Is the Trezor Model T?

The Trezor Model T is a hardware wallet manufactured by SatoshiLabs (Czech Republic), the company that created the original hardware wallet in 2013. It is Trezor's premium model, featuring a color touchscreen and full open-source firmware. The Trezor Safe 3 is the more affordable model, released in 2023, which added a secure element chip while maintaining open-source firmware.

The Open-Source Advantage

Trezor's most significant distinction is that its firmware and hardware design are fully open-source and available for public review on GitHub. This means independent security researchers, developers, and cryptographers can audit the code, identify vulnerabilities, and verify that the device works as documented.

Ledger, by contrast, uses proprietary firmware. While Ledger's secure element chip is certified, the firmware cannot be independently audited. For users and researchers who value transparency, open-source code is an important trust factor.

Security Architecture

  • Trezor Model T: No separate secure element chip — relies on a general-purpose microcontroller. This was flagged by researchers as a potential physical attack vector (requiring device possession, specialized equipment, and hours of work). Trezor's defense: the open firmware and passphrase feature mitigate this risk in practice.
  • Trezor Safe 3: Added an Infineon EAL6+ secure element chip alongside the open-source firmware, directly addressing the physical attack concern while maintaining firmware auditability.
  • No Bluetooth: Trezor intentionally omits wireless connectivity to reduce the attack surface. USB connection only.
  • PIN protection: Randomized PIN entry display prevents keyloggers from capturing PIN entry order.
  • Passphrase support (25th word): Available on both models for an additional hidden wallet layer.
  • Shamir Backup (Model T only): SLIP39-based backup splitting for distributed, threshold-based seed phrase recovery.

Trezor Model T vs Trezor Safe 3

Feature Model T Safe 3
Price From $219 From $79
Screen Color touchscreen OLED, physical buttons
Secure element No Yes (EAL6+)
Shamir Backup Yes (SLIP39) No
Open-source Yes Yes
Bluetooth No No
Coin support 1,000+ 1,000+ (fewer than Model T)

Coin Support

Trezor supports 1,000+ cryptocurrencies including Bitcoin, Ethereum, USDT (ERC-20, TRC-20), Litecoin, XRP, Cardano, Dogecoin, and the majority of ERC-20 tokens. It does not support as many altcoins as Ledger's 5,500+ — this matters primarily if you hold obscure tokens. For BTC, ETH, and major altcoins, Trezor's support is comprehensive.

Trezor Suite

Trezor's companion application is Trezor Suite, available as a desktop application (Mac, Windows, Linux) and as a web version. Unlike Ledger Live, there is no dedicated mobile Trezor app — though you can connect the Model T to mobile using an OTG adapter and use certain third-party apps.

Who Is Trezor Suitable For?

  • Users who prioritize open-source code and firmware auditability
  • Bitcoin maximalists and those focused on BTC, ETH, and major altcoins
  • Advanced users who want Shamir Backup for distributed seed phrase storage (Model T)
  • Users who prefer to avoid Bluetooth as an attack surface
  • Those on a tighter budget who still want open-source hardware wallet security (Safe 3)

For users who need broad altcoin support and Bluetooth connectivity, the Ledger Nano X may be more suitable. See the full Ledger vs Trezor comparison.

Frequently Asked Questions

Is Trezor open-source?

Yes. Trezor firmware and hardware designs are fully open-source. Anyone can review the code on GitHub. This is one of Trezor's most significant differentiators from Ledger, which uses proprietary firmware.

Has Trezor ever been hacked?

Researchers have demonstrated that the Trezor One and older Model T could theoretically be attacked physically with advanced equipment if an attacker had possession of the device. Trezor Safe 3 added a secure element chip (EAL6+) to address this. No remote hacking of private keys has been demonstrated. In 2023, Trezor's newsletter service was phished, exposing some user contact details — but no wallets or funds were compromised.

Does Trezor have Bluetooth?

No. Neither Trezor Model T nor Trezor Safe 3 has Bluetooth. This is often cited as a security advantage — Bluetooth is an additional wireless attack surface that Trezor deliberately avoids.

What is Shamir Backup on Trezor?

Shamir Secret Sharing (SLIP39) is supported on the Trezor Model T. It splits your seed phrase into multiple shares, requiring a threshold number of shares to recover (e.g., 3 of 5). This allows distributing seed phrase pieces to multiple trusted locations without any single location holding the full backup.

Can I use Trezor with MetaMask?

Yes. Trezor Model T and Safe 3 can be connected to MetaMask as a hardware signing device. You initiate transactions in MetaMask, confirm on the Trezor screen, and the private key never leaves the device.

Ready to explore Trezor Model T? Always verify the official website before downloading or purchasing.

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How We Evaluate Wallets

Our wallet assessments are based on publicly available technical information, community security research, and user experience reports. We evaluate wallets across five areas:

  • Security architecture: Whether the wallet uses a secure element chip, open-source code, and offline key storage.
  • Coin support: Range of cryptocurrencies and blockchain networks the wallet supports.
  • Ease of use: How approachable the wallet is for beginners without sacrificing security.
  • Track record: The wallet developer's history regarding security incidents, disclosures, and updates.
  • Value for cost: For hardware wallets: whether the price reflects the security and features provided.

CryptosHub does not guarantee that any wallet is free from risk. All ratings are editorial opinions based on publicly available information and are not financial advice.