TREZOR is a hardware wallet launched in 2014 and it was the first original Bitcoin hardware wallet. It offers a high level of security and cold storage.
This is an exceptionally small device that can connect to your computer with a USB cable. It stores cryptocurrencies’ private keys offline so it is safely used on a computer that could possible by infected with malware. TREZOR costs $99 and you can buy it directly from their own website with a credit card or you can buy it from Amazon.
You can control this wallet by controlling the private keys and the wallet is easily backed up with the 24 words generated while setting it up. This 24-word seed is generated by RNG from the device and it is generated offline and will eventually show up on the wallet’s screen. In order to set it up, the wallet will require a PIN code and the code will also be required for spending. You can also add one word extra in order to boost security. Make sure to remember the passphrase because the seed without it is not enough to recover it. You can recover the wallet if it’s lost and damaged.
TREZOR also has buttons and this makes sure that hackers can’t send a transaction automatically from your computer. The button must be physically pressed. You can set up your wallet in three ways: by myTREZOR.com, a chrome extension and via command line. During a setup, you will need your PIN code, password and device name.
This wallet offers high security. The company behind it has no way of tracking your actions and while using it you won’t need your passwords and usernames.
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