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Trezor Wallet Review 2024

4.44/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Minimum deposit:
  • $1
Trading platform:
  • Mobile
  • Desktop
  • Proprietary platform
  • hardware wallet
Trading features
  • The user chooses the size of the transaction fee
Updated:
4.44/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Minimum deposit:
  • $1
Trading platform:
  • Mobile
  • Desktop
  • Proprietary platform
  • hardware wallet
Trading features
  • The user chooses the size of the transaction fee
1 236*
people picked this broker on the Traders Union website over the last 3 months
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Trezor Wallet is available in United States
Check out the best Crypto exchanges

Our Evaluation of Trezor Wallet

4.44/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
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Trezor Wallet is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 4.44 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Trezor Wallet clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.

The Trezor Hardware Wallet is an exquisitely designed and functionally handy hardware wallet that helps you manage cryptocurrency exchanges. The wallet has multilevel authentication and a high level of protection against hacking. Almost all cryptocurrencies can be traded on the Trezor exchange. Transactions are confirmed throughout a pool of miners, which guarantees transparency of trading operations.

Brief Look at Trezor Wallet

The Trezor Wallet is a hardware wallet used to store cryptocurrencies that includes cryptocurrency exchange functionality. The cross-platform wallet can be synchronized with a personal computer or smartphone after special software has been pre-installed on the device. You can trade on the crypto exchange and conduct transactions from the wallet itself. There are over 1,000 cryptocurrencies and tokens for trading on the exchange, including Bitcoin, Ethereum, Litecoin, and Ripple. The funds on the wallet are stored in Bitcoins. The free-of-charge conversions and transfers to other wallets are icing on the cake. You can use bank accounts, e-wallets, or gift cards and there are no limitations regarding deposits or withdrawals.

Advantages of trading with Trezor Wallet:
  • simplistic registration and intuitive interface;
  • the ability to trade almost all cryptocurrencies;
  • funds are kept in offline hardware storage;
  • the absolute highest level of digital security;
  • loads of features for developers and businesses;
  • five-star support service;
  • fine-tuning the wallet according to the criteria of a particular user.
Disadvantages of Trezor Wallet:
  • crypto exchanges cannot be used without a hardware wallet;
  • it’s impossible to deposit or withdraw funds from or to debit cards.

TU Expert Advice

Anton Kharitonov

Financial expert and analyst at Traders Union

The Trezor Wallet is one of the popular cryptocurrency hardware wallets. As polls show, many people buy wallets to access the Trezor exchange, which cannot be accessed without it.

More than 1,000 cryptocurrencies and tokens are currently traded on the exchange. With the Premium package (Trezor Model T), several hundred more assets are at your elbow. The Model T has a color touch screen, the ability to insert an SD card and connect directly to mobile devices.

Protection for the Trezor Wallet is provided by the company's software, which is regularly updated and improved. There is a pin code, passphrase, and cloud access recovery. At least three factors of authentication exclude the possibility of unauthorized use, even if you lose your device.

An important feature of the platform is the absence of commissions for depositing and withdrawing funds. There are only short-term (transactional) fees required to incorporate a transaction into the miner's blockchain. The user can choose the commission at four levels. The highest commission guarantees instant processing of transactions.

Trezor Wallet Summary

Your capital is at risk. Cryptocurrency trading can be extremely risky. Cryptocurrency trading can lead to large and immediate financial losses. The volatility and unpredictability of the price of cryptocurrency relative to fiat currency may result in significant loss over a short period of time. Transactions in cryptocurrency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable. The nature of cryptocurrency may lead to an increased risk of fraud or cyber attack.

💻 Trading platform: Proprietary platform, hardware wallet, PC, smartphone
📊 Accounts: Standard
💰 Account currency: XBT
💵 Replenishment / Withdrawal: Bank accounts, cryptocurrency wallets, e-wallets, and gift cards
🚀 Minimum deposit: $1
⚖️ Leverage: 1:1
💼 PAMM-accounts: No
📈️ Min Order: zero-entry
💱 Commission: $0.1
🔧 Instruments: Cryptocurrencies, US dollars
💹 Margin Call / Stop Out: No
🏛 Liquidity provider: No
📱 Mobile trading: Yes
➕ Affiliate program: Yes
📋 Orders execution: A limit order, Market order
⭐ Trading features: The user chooses the size of the transaction fee
🎁 Contests and bonuses: Not indicated

The Trezor Wallet offers one of the most convenient cryptocurrency exchanges, where users choose the amount of the commission themselves following the requirements for the speed of transaction execution. This makes trading more flexible and opens up additional opportunities for experienced traders, who can, if necessary, make transactions faster by choosing higher commissions. But fees are not the only metric for a crypto exchange.

User Satisfaction

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indomultitrade
15 weeks ago

While Trezor, the crypto exchange, offers some commendable features, my overall experience was bad. The customer support was lacking, with slow response times and limited assistance available, leaving users feeling stranded when encountering issues. Potential users should weigh all factors carefully before committing to this exchange.

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AliTam
1 year ago

Trezor Wallet spammed me in the mail where they call me by my first and last name. Where is the information from? You can guess.

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duanejb2
1 year ago

Opened an account. The password was not sent to the email. Change password only after verification. The desire disappeared immediately. I read reviews about Trezor Wallet in time.

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callie94198889892
2 years ago

Trezor Wallet is my personal top! In terms of security, yes. And the conditions… Do you know a lot of exchanges where there are more than a thousand instruments? Here I am no. And there are really so many of them in Trezor Wallet. I just wanted to take a hardware wallet, but in the end I found the best crypto exchange for myself. I was also surprised that Trezor Wallet does not take a commission. As I understand it, they have enough wallets to sell, so they do not affect what happens on the stock exchange, in particular, quotes. So everything is more transparent. To trade here, you definitely need a Trezor Wallet hardware wallet, but I see it as a plus: it is to protect my own money. I quickly figured out the terminal, although I hadn’t traded anywhere before, but then I got really involved.

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zie
3 years ago

I mainly use the Trezor Wallet to store assets, but sometimes I also exchange Litecoins for Bitcoins here. I like that you can exchange directly from the Trezor interface and that many cryptocurrencies are supported. The whole process is always fast and safe. Conveniently, there is an observation mode where you can view the information in your personal account even when the wallet is not connected to a computer. I would like the commissions to be lower, then this service will be a real catch.

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edwinbobley
3 years ago

I bought Trezor Wallet 2 years ago when I started trading on the Forex market. I stored all the available cryptocurrency in it, but I do not change it very often because the on-site exchangers offer hefty fees. At the same time, the speed of receiving funds is quite adequate: on average, money is credited within 40 minutes. The exchange rate changes in real time and is displayed next to the selected exchange service. After confirming the exchange, a link appears to the official website of the exchanger, on which you can click and see the exact information on the transaction. There is also a link to the blockchain explorer, which might come in handy.

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caramila
3 years ago

My buddy has been using Trezor Wallet for storing cryptocurrencies for 5 years. He was one happy customer, so I purchased one for myself. You need to pay only $100 and your money is under reliable protection. I admired that the Trezor Wallet can store all ERC-20 tokens. There are so many types that you will need more than one wallet. Trezor easily solves this problem, besides, here you can exchange currencies without an internal commission.

Commissions and fees

Information
The Trezor Wallet allows you to determine the size of the commission for sending a transaction. They are low, economical, normal, or high. It is also possible to set an individual fee. It is important to ensure that the fee is sufficient for the confirmation time you are trying to achieve. Sending a transaction with too low a fee may mean that the transaction will never be confirmed.
Account type Commission (minimum value) Withdrawal commission
Standard Individual No

For clarity, Trader Union experts advise you to compare the details of the Trezor Wallet fee with the conditions of other cryptocurrency exchanges.

Broker Average commission Level
$0.1
Low
$20
High
$0.1
Medium

Investment Options

The Trezor Wallet does not offer investment programs to its users. The only passive income option is an affiliate program designed for bloggers. The company also has programs for resellers and one-time bulk purchases. The Trezor Wallet gives individuals the opportunity to store their cryptocurrencies in one place and get paid from the direct purchase and sale of currencies on the exchange.

Important!

If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.

Trezor Wallet’s affiliate program:

The Trezor Wallet affiliate program is different from the referral programs of most other exchanges. It’s impossible to invite users to the exchange and then receive a percentage of their transactions. The program works as follows:

  • the user posts a referral link to the Trezor Hardware Wallet store on his blog;

  • the user receives 12-15% of the order amount for each customer who purchases a hardware wallet using that link.

Affiliate program payments are made monthly. The user himself chooses how to receive payments: to a Bitcoin wallet or his bank account. The account can be topped up in one of two currencies, in US dollars or Czech crowns.

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