Trezor Wallet Review 2024
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
- $1
- Mobile
- Desktop
- Proprietary platform
- hardware wallet
- The user chooses the size of the transaction fee
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
- $1
- Mobile
- Desktop
- Proprietary platform
- hardware wallet
- The user chooses the size of the transaction fee
Our Evaluation of Trezor Wallet
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
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.
- 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.
- 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
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.
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Commissions and fees
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 | |
|
$20 | |
|
$0.1 |
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.
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.
User Satisfaction