![]() ![]() ![]() The Shamir product’s package is 67 ounces, or roughly four pounds, which is heavy, but the small flashlight-shaped product is 3.9 inches x 1.4 inches and weighs less than a pound. The Trezor Keep Metal aims to safeguard users’ recovery seed phrases and has two price points: $99 for the standard 12-word backups and $249 for 20-word Shamir-compatible Trezor Safe 3 backups. The ultimate test, though, would be having someone who’s unfamiliar with testing it out (time for me to take a trip home to see if my non-crypto-native mom could set one up.) The Trezor Keep Metal keeps your seed phrases safe from fire, acid and more ![]() The company calls itself easy to use and I’d agree with that sentiment. Trezor gives you the option to do a standard seed backup or an ”Advanced Shamir Backup,” which allows users to recover the wallet by combining a list of words and can be secured in different places for additional security.Īfter writing down the seed phrase, creating an (optional) pin, the Suite allows you to select a handful of coins to show on its platform, I picked Bitcoin and Ethereum.įrom start to finish, the setup process took less than 10 minutes. It’ll give you the option to create a new wallet or recover one from a backup recovery seed. From there they connect their Trezor with the USB cable and set it up online. First, users have to download and install Trezor Suite, which gives you access to your device’s contents from a better interface than the tiny little screen the product has. The setup process is pretty straightforward. ![]() Inside the orange-themed packaging there’s a quote from Satoshi Nakamoto, the pseudonymous creator of Bitcoin, that said, “If you don’t believe me or don’t get it, I don’t have time to try to convince you, sorry.” There were only 2,013 devices being sold at the same price, and according to the company’s X account, it sold out within a day. In addition to commemorating its 10-year anniversary, the Trezor Safe 3 also launched to celebrate that it released a limited edition bitcoin-focused hardware wallet that solely runs on Bitcoin firmware and is only available in “Bitcoin orange” color. Recovery seeds are randomly generated words created by the wallet that allows you to recover and access your funds think of it like a password that you can’t forget because you can’t reset it. It’s important to remember that for any crypto wallet you have you write down your recovery phrase on a piece of paper - not online - and store it in a safe place so no one else has access to it. The Trezor Safe 3 weighs only half an ounce and comes in a box about the size of an iPhone, which includes the wallet itself, a USB-C charging cable, some branded stickers and a pamphlet describing how to set it up, alongside two paper cards so you can write down your 12-word recovery phrase, also known as a seed phrase, that gives you access to your device’s assets. Image Credits: Trezor (opens in a new window) In December 2022, Ledger, a security-focused firm that sells crypto hardware wallets, partnered with the designer behind the iPod, Tony Fadell, in hopes of creating an easier, more accessible way for users to secure their crypto assets. In the past year to 18 months, a lot of crypto wallet providers have improved their user interfaces and products to create a user-friendly experience, given how difficult the onboarding process into the space has historically been. If you forget it, you might lose access forever. While the device holds your coins securely, you only get told the passcode (seed phrase) once upon setting up a wallet. Also it’s arguably better sometimes to keep cryptocurrencies on a wallet instead of a centralized exchange, where they can be frozen and withheld like Celsius did in June 2022, because it gives you total control over the tokens.īut that control also comes with a lot of responsibility. Hardware crypto wallets are one of - if not the - safest ways to store your digital assets, because they’re typically not connected to the internet, inhibiting the risk of an online attack. The new crypto wallet is designed specifically for new digital asset entrants with a focus on “maximum safety and ease of use,” Matěj Žák, CEO of Trezor, said to TechCrunch. Trezor Safe 3, a hardware crypto wallet, and Trezor Keep Metal, a “mistake-proof” backup solution for wallet passwords, launched in celebration of the company’s 10-year anniversary. Trezor, a hardware crypto wallet company, debuted two new products this week at the Bitcoin Amsterdam conference - and we got to take a first look at them. ![]()
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