Trezor review
Updated September 28, 2026 · HodlCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Trezor is the pick for readers who want keys held away from any provider, since custody is self custody and the firmware is open source. It suits people who will pay $79 once and accept 8,000 coins of coverage, not trading or yield seekers.
Key facts
- Best for
- Holders who want a hardware device with self custody and open source firmware
- Wallet type
- Hardware↗
- Price
- $79↗
- Custody
- Self custody↗
- Coins supported
- 8,000↗
- Secure element
- EAL6+↗
- Open source
- Yes↗
- Connectivity
- USB-c↗
- Backup options
- Seed, Shamir↗
- Support channels
- Help-centre↗
- Features
- Self-custody
- Official website
- trezor.io
Crypto exchanges
- Derivatives
- No↗
Facts checked September 26, 2026, 7 sources
Apps and profiles
- Get the app
- App Store
- Elsewhere
- WikidataXTrustpilot
Pros and cons
Pros
- Custody sits with the holder: self custody, with no provider able to move the funds
- Open source firmware, so the code can be read and checked
- A secure element rated EAL6+ keeps signing inside the device
- Backup options of seed and shamir cover a single seed or split shares
- Covers 8,000 coins, above the 49 median
Cons
- Price of $79 leaves it towards the pricier end of the table, ranking at 103 of 120
- Coins supported rank of 8 out of 108 trails rivals that list more
- Support runs on help centre only, so a lost seed has no live agent to call
- Connectivity is usb c alone, so a phone or laptop is needed for signing
Who it suits
- Long-term holders who want self custody and no provider holding keys
- People who read code and value open source firmware
- Users with a modest coin range who will pay $79 once
Who should look elsewhere
- Traders, who need fees and order books rather than a hardware device
- People chasing yield, since derivatives are not offered and no yield feature is listed
- Those wanting phone-only custody, where bynex and Atomic Wallet are mobile wallets and bynex is custodial
Safety and regulation
Custody is self custody, which means the keys sit with the holder rather than with a provider. That removes the counterparty risk that comes with an account balance, and it is the sharpest line between Trezor and the mobile wallets listed next to it: Bit2Me and Atomic Wallet are mobile wallets, and bynex is custodial. The device also pairs self custody with a secure element rated EAL6+, so signing happens in hardware rather than on a general purpose computer. No regulator or licence appears for this brand, so there is no deposit protection scheme to lean on either. The protection here is the seed backup, not an external fund.
Where it sits among rivals
On price, Trezor sits at 103 out of 120 brands ranked, and $79 is well above the €0 median across the site. Coins supported tell a different story: 8,000 coins places it at 8 of 108, above the 49 median, though a long tail of rivals in the hardware wallet ranking reach 30,000. The pattern is a device priced like a purchase rather than a subscription, and a coin list closer to the middle of the table than the top. The two rankings pull in opposite directions, so readers should decide which matters more.
Security and backup
Security rests on a combination of hardware and code. The secure element is rated EAL6+, the firmware is open source, and the backup options are seed and shamir. Open source matters most for scrutiny, since the code is readable rather than a black box. self custody is the layer underneath all of it: the device can be secure and the code open, and the funds still sit with the holder. The trade-off is the backup choice. A seed puts the whole recovery burden in a single place, while seed and shamir also allows split shares, so a single lost piece does not end access. A hardware device adds a physical step to every signature, which slows frequent transactions but keeps the key off an internet connected machine.
Coins and connections
Coverage runs to 8,000 coins, which is the widest part of the offer. Connections are usb c only, so the device plugs into a computer or a phone by cable rather than pairing over Bluetooth. That suits a desk setup and keeps the signing step visible on screen, but there is no cable-free signing and no standalone phone workflow. Combine usb c with a hardware device and the practical result is a hardware signer for a broad coin list rather than a phone-first wallet.
How Trezor compares
9.0 vs 9.4
9.0 vs 9.0
9.0 vs 8.2
9.0 vs 9.7
9.0 vs 9.5
9.0 vs 9.6
9.0 vs 9.0
9.0 vs 9.0
9.0 vs 9.0
9.0 vs 8.9
9.0 vs 8.2
9.0 vs 9.7
9.0 vs 9.5
Trezor vs Kraken9.0 vs 9.4
9.0 vs 9.3
Trezor vs kraken9.0 vs 9.2
9.0 vs 9.2
9.0 vs 9.2
9.0 vs 9.1
9.0 vs 9.0
9.0 vs 8.8
Trezor vs ELLIPAL9.0 vs 8.7
9.0 vs 8.7
9.0 vs 8.6
9.0 vs 8.5
9.0 vs 8.5
9.0 vs 8.5
9.0 vs 8.3
Where Trezor is available
- Available
- Argentina
Countries from its affiliate programme
Frequently asked questions
What does a Trezor cost?+
A Trezor device costs $79. It is a hardware purchase rather than a subscription, and no account fee or monthly charge is listed alongside it. On the site ranking the device sits at 103 of 120 brands, so expect to pay more than a free software wallet but less than the priciest hardware in the €876.09 range.
Who holds the crypto on a Trezor?+
Custody is self custody, so keys stay on your device and no provider can move the balance. That is the main difference from an account such as bynex, which is custodial. The same setting means a lost backup is a lost wallet, since no support desk holds a copy for you.
Is Trezor regulated?+
No regulator or licence is listed for this brand, so there is no deposit protection scheme behind it. The safety of the money comes from structure instead: custody is self custody and the secure element is rated EAL6+. Buyers should treat the seed backup as the real protection.
How many coins can a Trezor hold?+
Trezor supports 8,000 coins, which places it at 8 of 108 on the site ranking. That is above the 49 median, though some rivals in the hardware ranking reach 30,000. Coverage is broad without topping the table.
What backup options does a Trezor have?+
Backup options are seed and shamir, so you can use a single seed or split the recovery into shares. Shares spread the risk of one lost or stolen piece, which matters because custody is self custody and nobody else holds a copy. Whichever you pick, the backup must be written down and stored somewhere safe.
How does a Trezor connect to a phone or computer?+
Connectivity is usb c, so the device plugs in by cable to sign transactions. There is no wireless pairing, which keeps the signing step visible but means a cable must be to hand. It is a different setup from a mobile wallet such as Bit2Me, which works on a phone alone.
Is Trezor open source?+
Open source is listed as one of its features, alongside self custody. The firmware can be read and checked rather than taken on trust, which is what security-minded holders care about. The device also uses a secure element rated EAL6+ to handle signing itself.
Does Trezor pay yield or offer trading?+
Derivatives are not offered and no yield feature appears, so Trezor is a holding device rather than a place to earn. The offer score part of 8.9 reflects coin coverage, seed and shamir and open source firmware instead. Anyone wanting yield should compare a dedicated earn product.
Sources
- coinbureau.com/review/trezor-safe-3-review checked September 26, 2026
Backs: Connectivity, Price
“USB-C connectivity”
- news.superex.com/articles/33554.html checked September 26, 2026
Backs: Coins supported
“more than 8,000 coins”
- trezor.io checked September 26, 2026
Backs: Custody, Features, Open source, Wallet type
“Your private keys are generated in Trezor and held only by you. No third parties.”
- trezor.io/store checked September 26, 2026
Backs: Backup options
“Protect your 20-word or 24-word wallet backup with ease, or choose Multi-share Backup”
- trezor.io/support checked September 26, 2026
Backs: Support channels
“Trezor Knowledge Base”
- trezor.io/trezor-safe-3-cosmic-black checked September 26, 2026
Backs: Secure element
“Secure Element Certified Chip EAL6+”
- trezor.io/trezor-suite checked September 26, 2026
Backs: Derivatives
“buy, sell, swap & stake securely all in one app”
Compiled from 7 source pages, checked September 26, 2026. We did not open an account.