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So basically, I think this device works very well and it is definitely the better option than Ledger. That said, for it's functions, it is very cheap feeling and you are basically paying for the free service's development costs and not the device. This project is open source and if you have a Raspberry Pi Zero (not W or WH, it would defeat the security purpose) and a LCD bonnet/hat, you can make this for absolutely free or just cheaper by a huge margin. In the future, if my Trezor were to die, I'd just coble together a Pi Zero Wallet with one of the metal cases and touch screen LCDs already built-in.
If you have any moderate computer experience, I would say the setup process isn't bad at all if you have the right cable (and computer/smartphone) and take the time to read about it ahead of time. You never expose your private keys at any point in the process, only your 12 mnemonic word phrase. Even then phrase words only show up on the Trezor not the host PC/Smartphone. I love the fact that you can create secret words/codes in the wallet to create more hidden wallets. If anyone steals your secret phrase words and/or your pin to gain access to the device, they would also have to know the secrets to access your hidden wallets. With the Model T, you never expose this information to the host device so keyloggers can will not be able to see that information on setup and access. The only thing annoying about this whole process is that the Model T needs to be powered by a host device in order to do anything, it has no battery power.
Completing transactions on the Trezor isn't hard but it certainly isn't as easy as using a smartphone-based wallet but I wouldn't expect it to be, you would use a smartphone wallet for daily purchases and your Trezor for holding your vast amount of coins. Most DEXes will be compatible with Trezor through the virtue of also being compatible with MetaMask. You can import NFTs but you cannot send them or sign off on most contract-based transactions because the Trezor team does not currently believe in developing that into Trezor. On one hand, I understand that because the Trezor is supposed to be secure in holding your coins and not a daily driver for transactions. On the other, I know some people think of NFTs as long-term investments.
Although the Trezor Wallet and Suite only support a smaller number of coins/tokens than the competing hardware wallets, being able to connect to third-party wallets allows you access to an almost unlimited amount of coins/tokens than any of the air-gapped or cold storage competition. As I mentioned before, you can access most DEX swap markets with the support of MetaMask. Beyond that, most new coins and tokens that are worth their time have PC-Based hot wallets that are based on something like Electrum, one of the original wallets for Bitcoin from basically a decade ago. Electrum has come a long way and part of their privacy/security measures is integration with hardware wallets like Trezor so you never expose your private keys or make new secret phrases because it already relies on your Trezor to store that information. Something like Monero, it doesn't exist on the Trezor Suite and they have their own Electrum wallet, so all you have to do to store Monero on Trezor is to load up Monero's Electrum wallet and use the Trezor for setup. If you can accomplish this, there are very few legitimate coins and tokens that won't be able to work for you.
Anyway, to sum up my feelings on the Trezor Model T: I love the functionality, but it's too expensive for the single device. I'll still continue to use the Trezor wallet in the future but through the functionality of the Raspberry Pi Zero and possibly the Raspberry Pi 4 as the host terminal for the Trezor Suite and Electrum wallets. The next step would be to add a printer to the Pi 4 to print off wallet QR codes and other things since the Trezor Requires a host to function.
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Customer reviews
Garbage. Holographic "security" sticker is a joke! Touch screen is a horrible! Useless!
Reviewed in the United States on June 5, 2019
*My first review for removed for some reason without a reason.What a joke! Got this because I wanted to see what the hype was about. I can't even start explaining how frustrating this piece of garbage is.First of all, I got it from the official Trezor's official Amazon store. The package it came in was fine and shrink wrapped. I install the latest firmware.However, inside the "security" holographic label wasn't even attached. See pictures. Fine. It's official store. Whatever.Next, I wanted to verify my restore words. I tried restoring, and the thing froze complete. Like, nothing worked. I couldn't enter them. See video. I had to unplug and plug back in. Getting annoying.Next, I managed to verify that the restore words work. I used it for about 5 minutes and then when I enter my pin, it registers 2-10 random characters. (I don't have fat fingers, I just zoomed in so the display could be seen better. ) I even tried to use a touch pen. Still couldn't enter the pin. The Trezor highlights the button, but nothing happens. Not fine. Not fine at all.Between the joke of a hologram sticker, the thing freezing, the random characters, the not being able to click Ok.... I don't trust this thing.I don't even trust it to erase my seed words. What if it "crashed" or just says it erased them. Garbage pure and simple.
Reviewed in the United States on June 5, 2019
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Reviewed in the United States on October 25, 2021
Reviewed in the United States on July 17, 2022
Reviewed in the United States on April 10, 2021
Attention!! Urgent message. My bad!. I take 80% responsibility for my device not working. I learned through the seller (who, by the way, was excellent at responding to my issue.) They offered me a full refund upon them receiving my returned item. I decided to do what I was afraid to before and force the cable connection on. It when in! and product worked perfectly afterwards. I think it would good if they mentioned that in the instructions. It's a very tight fit so don't be afraid to force it in. Mission accomplished and all is well. I like my Trezor now!
Also check you hologram before you rip it off. That step is out of sequence and should be first.
Doesn't connect
By F BB Clem on April 10, 2021
Product arrived quickly so that's worth a star. After that, all ones. -13 if I could give it. The instructions say at sept 1. Connect Trezor to your computer or smartphone. The connection cable has a very loose, sloppy fit. (Doesn't snap in but it lights up) Says welcome! Then tells me to sign into the setup site. There it shows a photo of how the product should look with the hologram. Tells me if it is not the same or damaged, to contact them right away. Well I had to remove it to connect the device as they said in step 1. So now that's not clear. I replaced it enough to get a semblance of how it was before I removed the hologram and it seemed pretty ok. After getting through that, I went to the setup page where it tells me to select which Trezor I have then it goes to connect device. Clicking the connect tab did not give any results other than say "no device is detected." After searching the help pages, I got no results. Sent a message to the support desk. They tell me they received my submission but it could take 20 days to respond. (They must have a lot of issues to handle). My daughter warned me to not buy this but to get the Ledger. I should have listened but they were not available on Amazon this was one of their choices... I live where it's hard to get products of this type so I often use Amazon who does a good job with shipping and delivering to here. I'll give them time to resolve this. What else can I do? If they fix the problem, I'll update my report but for now, not happy with this item. Almost afraid to use it now even if they do fix it. This is sensitive stuff right here!!By F BB Clem on April 10, 2021
Attention!! Urgent message. My bad!. I take 80% responsibility for my device not working. I learned through the seller (who, by the way, was excellent at responding to my issue.) They offered me a full refund upon them receiving my returned item. I decided to do what I was afraid to before and force the cable connection on. It when in! and product worked perfectly afterwards. I think it would good if they mentioned that in the instructions. It's a very tight fit so don't be afraid to force it in. Mission accomplished and all is well. I like my Trezor now!
Also check you hologram before you rip it off. That step is out of sequence and should be first.
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Top reviews from other countries
SmartMan
Sicherheit über alles! Auch vor dem Eigentümer?
Reviewed in Germany on April 23, 2020Trevor L.
Poor quality usb port connection and unreliable connection to computer
Reviewed in the United Kingdom on November 30, 2020Roz
Easy to use and setup, along with the best security provided!
Reviewed in the United Kingdom on January 9, 2021AC
It does not support numerous Top 50 Coins & Tokens!!!
Reviewed in the United Kingdom on July 24, 2021FUNGIFT
THIS IS A SCAM - TREZOR STOLE MY CRYPTO MONEY
Reviewed in Canada on May 4, 2021
