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🗝 Trezor review: security, features and score

82/100SCORE · BTrustedHardware, keys on device Grade B, very good

Anyone who wants hardware security and fully auditable firmware.

The facts

DEVELOPER
SatoshiLabs
LAUNCHED
2013
TYPE
Hardware
CUSTODY MODEL
Hardware, keys on device
KEY MODEL
12 or 24 word seed generated on device, with optional passphrase for a hidden wallet
CHAINS
Bitcoin, Ethereum and most major assets
PLATFORMS
Trezor Suite, plus MetaMask, Rabby, Electrum, Sparrow
OPEN SOURCE
Full
AUDITS
Fully open source firmware and hardware designs
HARDWARE SUPPORT
Is the hardware
SWAP COST
Third party providers inside Trezor Suite.

What it can do

Dapp browser
Staking
NFTs
Built in swap
Bridging
Buy with card
Testnets

How the score breaks down

security26/30
chains16/20
usability15/20
features15/20
transparency10/10

Each dimension is explained on the methodology page.

Where it is strong and where it is not

✓ Strengths
  • Fully open source firmware and hardware, so the code can be verified by anyone
  • Passphrase creates a genuinely hidden wallet
  • Excellent Bitcoin support
  • Works with Sparrow, Electrum, MetaMask and Rabby
✗ Weaknesses
  • Older models lack a secure element and are vulnerable to physical extraction
  • Fewer supported assets than Ledger
  • Touchscreen only on the more expensive models

Incident history

2023

A supply chain phishing campaign impersonated Trezor support after a third party mailing list breach. No device compromise.

A passphrase creates a separate hidden wallet. Forget it and those funds are gone permanently, seed phrase or not.

Reputation and reviews

A reputation score out of 100, kept separate from the feature score above. It reflects what users actually report over time rather than a star rating scraped on one day.

REPUTATION
83/100
Trusted

The open source choice, and trusted accordingly. The known caveat is that the older models without a secure element can be physically extracted by someone with the device, the skills and time, which is why the passphrase feature matters.

Check current reviews yourself

Star ratings change constantly, so we link to the sources rather than printing a number that is out of date the day after it is written.

Independent teardownsTrustpilotReddit r/CryptoCurrencySource code and issues

If something goes wrong

COMMON FIXES
RISK WARNING Crypto assets are highly volatile and largely unregulated. You can lose everything you put in. Nothing on this page is financial, investment or tax advice, and nothing here is a recommendation to buy or sell any asset. Do your own research and never commit money you cannot afford to lose.
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