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Trezor Model T - Hardware Wallet Review

By Maja & LeoUpdated Nov 19, 2023Hardware Wallet
Trezor Model T - Hardware Wallet
4.0/ 5

Best For

Weirdo's Favorite

The best Hardware Wallet for heavy users.

Pros

  • Color touchscreen available
  • Open-source firmware
  • Store cryptocurrency, passwords and other keys
  • Super secure and easy to use, also of EAL5+ certificate

Cons

  • No mobile application
  • More expensive
  • No Bluetooth
  • Plastic case

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Not financial advice. This content is for educational and informational purposes only. Cryptocurrency and related products carry a high risk of loss — always do your own research before investing.

Trezor Model T Review: The Premium Touch-Screen Hardware Wallet

The Trezor Model T is the flagship hardware wallet from Czech manufacturer SatoshiLabs — the company that invented the hardware wallet category in 2013. With a full colour touchscreen and support for 1,800+ coins, it is one of the most capable and trusted hardware wallets available.

Background

SatoshiLabs was founded in Prague by Marek "Slush" Palatinus, Pavol "Stick" Rusnák, and Alena Vránová. After launching the original Trezor One (the world's first hardware wallet) in 2013, the company released the Model T in 2018 as a premium upgrade with a touchscreen interface.

Hardware

The Model T features:

  • 2.4-inch full colour touchscreen — all interactions via the screen (no physical buttons needed for most operations)
  • USB-C connector for computer connection
  • MicroSD card slot for encrypted storage and future features
  • CC EAL5+ equivalent security (SatoshiLabs uses an open-source implementation rather than a proprietary Secure Element chip)
  • Open-source hardware and firmware — fully auditable by the community

Supported Coins

The Model T supports 1,800+ cryptocurrencies, including:

  • Bitcoin, Ethereum, Litecoin, XRP, Cardano, Solana (via Solflare), Monero
  • All ERC-20 tokens, BEP-20 tokens
  • DeFi connectivity via MetaMask and WalletConnect

Security Architecture

Trezor takes a different security approach from Ledger:

  • No proprietary Secure Element — instead uses open-source cryptographic approach
  • Fully open-source firmware — security through transparency and community auditing
  • PIN + passphrase: Secure access with optional BIP39 passphrase for hidden wallets
  • Shamir Backup (SLIP39): Advanced recovery option using multiple shares (e.g., 3 of 5 shares needed to recover)

Trezor Suite

Trezor Suite is the companion desktop app (Windows, Mac, Linux) and web interface:

  • Portfolio management
  • Sending/receiving crypto
  • Coin join (privacy mixing for Bitcoin)
  • Buy/sell/exchange via partners (Invity.io)
  • Tor integration for enhanced privacy

Model T vs Trezor One vs Ledger Nano X

FeatureModel TTrezor OneLedger Nano X
Price$219$69$149
ScreenTouchscreen2 buttons2 buttons
Open sourceFullFullPartial
Secure ElementNo (open-source)NoYes (CC EAL5+)
Supported coins1,800+1,000+5,500+

Verdict

The Trezor Model T is the best choice for security-conscious users who prioritise open-source transparency. The touchscreen improves the verification UX, and Shamir Backup is an excellent recovery option for advanced users. If open-source hardware and firmware matter to you, the Model T is the gold standard.

  • Fully open-source hardware + firmware
  • Touchscreen for better UX
  • Shamir Backup (advanced recovery)
  • Coin join / privacy features
  • No certified Secure Element chip
  • Higher price ($219)
  • Larger form factor than competitors

MN

Maja & Leo

Reviewed by practitioners who actually use these products.

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