Why you should trust us?
At BlockchainReporter.net, our review team combines deep technical knowledge with hands-on testing. We test the deposit and withdrawal flow ourselves, read the full bonus terms before scoring the operator, and verify licensing and company data against primary sources. This review follows the same weighted methodology used across our site — see “How We Rate These Sites” below.
Trezor is a hardware wallet maker founded in 2013 and part of the SatoshiLabs Group. Its three current models (Safe 3, Safe 5 and Safe 7) pair open-source firmware with an EAL6+ secure element and work with the Trezor Suite app. This review covers the lineup, the 2026 security disclosures, Trezor Suite, backup options, costs and how Trezor compares with Ledger.
Trezor Wallet Review Overview
Key facts
- Wallet Name
- Trezor Wallet Review
- Parent Company
- SatoshiLabs (Czechia)
- Launch Year
- 2013
- Supported Coins
- Thousands of coins and tokens
- Website
- trezor.io
Additional details
- Wallet Type
- Hardware: Safe 3, Safe 5, Safe 7
- Languages
- English + 8 more
- Custody Type
- Self-custody (non-custodial)
- Networks
- BTC, ETH, SOL, XRP + thousands of tokens
Trezor Wallet Review Screenshots
- Firmware and Trezor Suite are open source, with public code since 2014
- EAL6+ Secure Element on every current model, plus TROPIC01 on the Safe 7
- PIN of up to 50 digits, passphrase and Multi-share Backup on every model
- Secure element software is closed source (OPTIGA)
- Lab attacks on the Safe 3 (2025) and Safe 7's TROPIC01 chip (2026)
- Safe 3 and Safe 5 have limited iPhone support
- 2026 vendor breaches exposed customer contact data
- 1. What Is a Trezor Wallet?
- 2. Trezor Lineup and Prices in 2026
- 3. Which Trezor Should You Buy?
- 4. Trezor Model T and Model One (Discontinued)
- 5. Is Trezor Safe? What the Secure Element Covers
- 6. Has Trezor Been Hacked? Trezor's Security Record
- 7. Trezor Suite and Coin Support
- 8. Trezor Backup, Passphrase and Recovery
- 9. Trezor vs Ledger
- 10. Setup and Compatibility
- 11. Trezor Costs and Fees
- 12. Trezor Discount Code and Bundles
- 13. Pros and Cons
- 14. BCR Verdict
What Is a Trezor Wallet?
Trezor is a hardware wallet, also called a cold wallet, made by Trezor Company s.r.o., part of the SatoshiLabs Group in the Czech Republic. Trezor says it was founded in 2013, and the first device, released in 2014, is widely described as the first hardware wallet. A Trezor crypto wallet keeps your private keys offline and signs a transaction only after you confirm it on the device. The current lineup has three models, the Safe 3, Safe 5 and Safe 7, each also sold as a Bitcoin-only edition, and all of them work with Trezor Suite, the official app for desktop and mobile.
This review covers the three current models, the discontinued Model One and Model T, whether Trezor is safe, its record of hardware research and data breaches, Trezor Suite, backup options, costs and how it compares with Ledger. Specifications come from Trezor’s own comparison page, and security details come from Trezor’s disclosures and public reporting. Prices and availability vary by region, so check Trezor’s store before ordering.
| Category | Details |
|---|---|
| Manufacturer | Trezor Company s.r.o. (SatoshiLabs Group, Czech Republic) |
| Founded | 2013; first device released in 2014 |
| Wallet type | Hardware wallet (cold storage), non-custodial |
| Current lineup | Safe 3, Safe 5, Safe 7, each also sold as a Bitcoin-only edition |
| Discontinued | Model One and Model T (removed from Trezor’s shop in January 2026, still supported) |
| Secure Element | EAL6+ OPTIGA Trust M on all three models; the Safe 7 adds a TROPIC01 chip |
| Companion app | Trezor Suite for Windows, macOS, Linux, Android and iOS (iPhone support is limited on Safe 3 and Safe 5) |
| Coin support | Thousands of coins and tokens, per Trezor |
| Backup | 12-, 20- and 24-word backups, Multi-share Backup, optional passphrase |
| Source code | Firmware and Trezor Suite are open source; the OPTIGA chip’s software is closed |
| Price range | From €59 to €249 in Trezor’s store |
Trezor Lineup and Prices in 2026
| Model | Screen | Connections | Secure Element | Battery | iPhone signing | Price (EUR / USD) |
|---|---|---|---|---|---|---|
| Safe 7 | 2.5-inch color touchscreen (520 x 380), haptic feedback | USB-C, Bluetooth, Qi2 wireless charging | OPTIGA Trust M (EAL6+) plus TROPIC01 | 330 mAh LiFePO4 | Yes, full support over Bluetooth | €249 / $249 |
| Safe 5 | 1.54-inch color touchscreen (240 x 240), haptic feedback, Gorilla Glass 3 | USB-C | OPTIGA Trust M (EAL6+) | No battery | Limited: balances, buying and receiving only | €129 / $129 |
| Safe 3 | 0.96-inch monochrome OLED (128 x 64), two buttons | USB-C | OPTIGA Trust M (EAL6+) | No battery | Limited: balances, buying and receiving only | €59 / $59 |
Euro prices come from Trezor’s store in late September 2026 and dollar prices from advertised US listings. Both change with region, taxes and promotions.
Each model is also sold as a Bitcoin-only edition at the same price. Trezor’s store also sells Keep Metal backup plates in 20-word and 24-word versions, and backup bundles that pair a Safe wallet with a plate.
Which Trezor Should You Buy?
Trezor Safe 3 Review
The cheapest current model has a 0.96-inch monochrome OLED screen, two buttons and a USB-C connection. It uses the same EAL6+ secure element as the Safe 5 and ships with two 20-word backup cards. It works with Trezor Suite on desktop and Android, but on an iPhone it can only show balances and receive or buy crypto. Ledger Donjon’s March 2025 research targeted an older Safe 3 design, covered in the security record below.
Trezor Safe 5 Review
The Safe 5, released in June 2024, adds a 1.54-inch color touchscreen with haptic feedback behind Gorilla Glass 3 and keeps the Safe 3’s secure element. Trezor says its newer STM32U5 microcontroller was not affected by the 2025 Safe 3 research. iPhone support is limited in the same way as on the Safe 3.
Trezor Safe 7 Review
The Safe 7, released in October 2025, is the flagship: a 2.5-inch color touchscreen, an aluminium body with IP54 protection, Bluetooth, Qi2 wireless charging and full iPhone support. It pairs the OPTIGA chip with TROPIC01, a secure element Trezor markets as auditable, and Trezor says it is designed to receive quantum-secure updates. It costs more than four times as much as the Safe 3.
Trezor Model T and Model One (Discontinued)
Trezor moved the Model One and Model T to its legacy products in January 2026 and no longer sells them directly, although resellers may still hold stock. Trezor says legacy models continue to receive updates and support. Neither has a secure element, which is why researchers could extract a seed from them with physical access. A passphrase defeats that attack, and anyone buying today is better served by the Safe series.
Is Trezor Safe? What the Secure Element Covers
Short answer: Trezor’s design is more transparent than most rivals and the Safe series adds a certified secure element, but researchers have shown lab attacks on specific chips, and vendor breaches in 2026 exposed customer data. All three current models pair an EAL6+ secure element with a PIN of up to 50 digits, an optional passphrase, on-device confirmation and open-source firmware that has been public since 2014.
Transparency has limits. The OPTIGA chip’s own software is closed source, and only the Safe 7’s TROPIC01 chip is marketed as independently auditable. The chip’s role also differs from Ledger’s design. Trezor describes the OPTIGA chip as holding a secret that combines with your PIN to encrypt the private keys, while Ledger’s Donjon researchers say the encrypted keys and signing sit on the main microcontroller. Ledger is a competitor and its research has focused on Trezor’s design, so weigh that source accordingly.
The certification applies to the chip, not to the whole device or to the software that turns a transaction into the text on the screen. Buy only from Trezor’s store or authorised resellers, check the tamper-evident packaging seals, and never enter your recovery words on a computer or phone. Trezor says it never asks for them by email, web form or support chat.
Has Trezor Been Hacked? Trezor’s Security Record
The incidents below are lab research on device chips and breaches at outside vendors. For the 2024 to 2026 items, Trezor states that user funds and recovery phrases were not accessed.
| Date | Item | What happened | Status |
|---|---|---|---|
| 2019 to 2020 | Model One and Model T seed extraction (Kraken Security Labs) | With physical access, voltage glitching could pull the encrypted seed from the microcontroller in about 15 minutes; Ledger Donjon had shown a variant in 2019 | Trezor says it cannot be fixed in software and a passphrase defeats it; the Safe series adds a secure element |
| 2023 | Model T attack (Unciphered) | A security firm demonstrated seed extraction from a Model T using an RDP downgrade attack on a device it physically held | Requires physical possession of the device; Trezor says a strong passphrase renders it useless |
| Jan 2024 | Support portal breach | A third-party support ticketing portal was accessed, and about 66,000 users’ names, usernames and email addresses may have been exposed | No keys or funds involved; raises phishing risk |
| Mar 2025 | Safe 3 supply-chain research (Ledger Donjon) | Voltage glitching on an older Safe 3 design bypassed countermeasures against supply-chain tampering | Trezor says researchers could not extract keys or the PIN, the Safe 5 was not affected, and firmware cannot fix it; buy from official channels |
| Jun 2026 | TROPIC01 chip flaw in the Safe 7 (Trezor and Tropic Square) | A lab laser fault injection attack, found by Ledger Donjon, extracted some secrets from TROPIC01 and bypassed its firmware signature check | Trezor says it affects one of three layers, no funds are at risk and no action is needed; it is a hardware flaw firmware cannot patch, with a hardened chip revision expected later in 2026 |
| Aug to Sep 2026 | ShipMonk order-data breach (Trezor notice, BCR report) | A fulfilment provider’s Metabase server was exploited, exposing names, emails, phone numbers and shipping addresses of about 14,000 customers; a 4 September update added roughly 67,000 US customers, about 80,000 in total, including older records ShipMonk had promised to delete | Trezor says its own systems, devices and backups were not affected; victims report phishing calls and letters |
| Sep 2026 | Newsletter provider phishing (TechCrunch) | Attackers used Trezor’s account at its email provider, Brevo, to send a fake “Critical Security Alert: STM32 Entropy Vulnerability” email to about 347,000 opted-in addresses | Trezor says the claimed flaw is fake and no other Trezor system was touched; it treats the list as exposed to future phishing |
Two patterns stand out. The hardware research needs physical access and lab equipment, and Trezor points to the passphrase and its layered chips as mitigations, but the TROPIC01 flaw is a hardware issue that firmware cannot patch. The 2024 and 2026 breaches hit vendors rather than the wallet, yet they exposed contact details that scammers are already using. Trezor also retired a feature: it discontinued CoinJoin in Trezor Suite on 1 June 2024 after its coordinator stopped support. Update firmware promptly, use a passphrase for larger balances, and treat any unexpected message about an order, a vulnerability or your recovery phrase as phishing.
Trezor Suite and Coin Support
Trezor Suite is the official app. On desktop you can buy, sell, stake, swap and send; on mobile you can buy, sell and send, and the Safe 7 adds full iPhone support over Bluetooth, while the Safe 3 and Safe 5 need a desktop or Android device to sign transactions. Suite includes coin control, optional Tor routing, passphrase management, custom backends and portfolio tracking. Buying compares several providers, and staking covers assets such as Ethereum and Solana.
Trezor says its wallets support thousands of coins and tokens, including Bitcoin, Ethereum, XRP, Solana, Cardano, Tron, Dogecoin, Litecoin, Bitcoin Cash, Zcash, Stellar and Chainlink, plus major stablecoins such as USDT and USDC. Trezor’s coins page marks XRP, Solana, Cardano and Tron as supported on some models, so check the model filter before buying, and Monero needs third-party wallet software. Trezor also works with third-party wallet apps and dApps, and the full list is on Trezor’s coins page.
Trezor Backup, Passphrase and Recovery
Every Trezor supports 12-, 20- and 24-word backups. Multi-share Backup, Trezor’s Shamir Backup, splits the backup into several shares so that no single card reveals the wallet, and the Safe 3 ships with two 20-word backup cards. A passphrase adds an optional extra word that is never stored on the device. Trezor’s store sells Keep Metal steel backup plates rather than a subscription recovery service, so the backup stays entirely in your hands. Read BCR’s guide to seed phrases before you set up.
Trezor vs Ledger
Trezor and Ledger take different approaches to the same job. For the full detail on the other side, see BCR’s Ledger review.
| Feature | Trezor | Ledger |
|---|---|---|
| Firmware | Open source | Partly closed source |
| Secure element | EAL6+ OPTIGA on all three models, plus TROPIC01 on the Safe 7 | EAL6+ on four of five models, EAL5+ on the Nano X |
| Models and prices | Three models, €59 to €249 | Five models, €49 to €399 |
| Touchscreens | Safe 5 and Safe 7 | Stax, Flex and Nano Gen5 |
| Bluetooth and iPhone signing | Safe 7 only | Four of five models |
| Backup | 12-, 20- and 24-word backups, Multi-share Backup, metal plates | 24-word phrase, Recovery Key card on three models, optional paid Ledger Recover |
| Coins | Thousands of coins and tokens through Suite and third-party apps | 500+ natively in Ledger Wallet, thousands more through third-party wallets |
| 2026 record | Safe 7 chip flaw in a lab, ShipMonk and Brevo vendor breaches | Monero, Zilliqa and Ethereum app flaws, Global-e order-data breach |
Choose Trezor if open-source code and a low entry price matter most and you are comfortable signing from a computer or Android phone. Choose Ledger if you want more models, Bluetooth across most of the range and a broader native app ecosystem. Neither has a clean 2026: the record above shows Trezor’s exposure was in a lab chip attack and vendor breaches, while Ledger’s was in app code and its own order-data breach.
Setup and Compatibility
Trezor Suite runs on Windows, macOS and Linux, and on Android and iOS. The Safe 3 and Safe 5 connect by USB-C, and the Safe 7 also pairs over Bluetooth. Create the wallet on the device, write the backup down by hand, never use a device whose packaging seal is broken, and download Trezor Suite only from Trezor’s official site. For a step-by-step approach to storing crypto offline, see BCR’s cold storage guide.
Trezor Costs and Fees
The lineup table shows each model’s advertised price, and checkout totals change with region, taxes and shipping. Trezor Suite is free and there is no subscription. Extra costs come from network fees on transfers, provider fees for buying and swapping, staking commissions and optional accessories such as Keep Metal backup plates.
Trezor Discount Code and Bundles
BCR does not have a Trezor discount code, and the partner link on this page does not include one. Trezor’s store sells backup bundles that pair a Safe wallet with a Keep Metal plate at a bundle price, so compare that with buying the parts separately. Trezor says it never asks for your recovery phrase, so treat any discount offer that asks for it as a scam.
Pros and Cons
Pros:
- Firmware and Trezor Suite are open source, with public code since 2014
- EAL6+ secure element on every current model, plus TROPIC01 on the Safe 7
- Three models from €59 to €249, each also sold as a Bitcoin-only edition
- PIN of up to 50 digits, passphrase and Multi-share Backup on every model
- Trezor Suite with Tor, coin control and custom backends
Cons:
- The OPTIGA secure element’s software is closed source, and Trezor’s own description has the main microcontroller handling signing
- Lab attacks on an older Safe 3 (2025) and on the Safe 7’s TROPIC01 chip (2026), the latter not patchable by firmware
- Safe 3 and Safe 5 need a desktop or Android device to sign, and full iPhone support requires the €249 Safe 7
- Customer contact data exposed through vendors in January 2024 and August 2026, plus a September 2026 phishing campaign
- CoinJoin was discontinued in June 2024, and the Model One and Model T are no longer sold by Trezor
BCR Verdict
Trezor is the transparency pick among hardware wallets: open-source firmware, an EAL6+ secure element in every current model and a low entry price. The Safe series fixed the main weakness of the Model One and Model T, which kept keys on a general-purpose chip. The 2026 disclosures are the main thing to weigh. The Safe 7’s TROPIC01 flaw needed a laser and a lab, and Trezor says funds were never at risk, but it is a hardware issue that firmware cannot patch, and two vendor breaches gave scammers real customer contact details.
Owners who prefer auditable code, use a passphrase for larger balances and are comfortable signing from a computer or Android phone get a strong option. iPhone users should budget for the €249 Safe 7, and anyone who wants the widest coin and app ecosystem may prefer Ledger. Compare other options in BCR’s crypto wallet reviews.
BCR Score: 8.6/10
This review is editorial information, not financial advice. With self-custody you alone are responsible for your recovery phrase and for checking what you sign.
Final Verdict
Why it stands out
- Firmware and Trezor Suite are open source, with public code since 2014
- EAL6+ Secure Element on every current model, plus TROPIC01 on the Safe 7
- PIN of up to 50 digits, passphrase and Multi-share Backup on every model
What to consider
- Secure element software is closed source (OPTIGA)
- Lab attacks on the Safe 3 (2025) and Safe 7's TROPIC01 chip (2026)
- Safe 3 and Safe 5 have limited iPhone support
Trezor is the transparency pick: open-source firmware, a certified secure element on every current model and a low entry price. Lab research on the Safe 3 and the Safe 7’s TROPIC01 chip, plus vendor breaches in 2026, show that no design is immune. It suits owners who value auditable code and will use a passphrase for larger balances.
How Trezor Wallet Review Compares
|
Trezor Wallet Review This review |
 Ledger Wallet Review | MetaMask Wallet Review |
|
|---|---|---|---|
| Overall rating | |||
| Key Feature | Open-source firmware | Secure Element chip | Free self-custodial wallet |
| Coins | Thousands of coins and tokens | 500+ native, thousands via third-party wallets | ETH and ERC-20 tokens, NFTs, plus BTC, SOL and TRX |
| Networks | BTC, ETH, SOL, XRP + thousands of tokens | BTC, ETH, SOL + 100+ chains | Ethereum and EVM networks, Solana, Bitcoin, Tron |
| Custody Type | Self-custody (non-custodial) | Self-custody (non-custodial) | Self-custody (non-custodial) |
| Play Now | Play NowRead review | Play NowRead review |
Frequently Asked Questions
What is a Trezor wallet?
A Trezor wallet is a hardware wallet made by Trezor Company s.r.o., part of the SatoshiLabs Group. It keeps your private keys offline and signs transactions only after you confirm them on the device, while the Trezor Suite app handles accounts, buying, swapping and staking.
Is Trezor safe?
Trezor's design is well regarded: all three current models use an EAL6+ secure element, and the firmware has been open source since 2014. Researchers have shown lab attacks on an older Safe 3 (2025) and on the Safe 7's TROPIC01 chip (2026), and Trezor says neither put funds at risk. Buy from Trezor or an authorised reseller and use a passphrase for larger balances.
Has Trezor ever been hacked?
Trezor has had physical-access attacks on the Model One and Model T (2019 to 2023), lab research on the Safe 3 (2025) and the Safe 7's TROPIC01 chip (2026), and vendor data breaches in January 2024, August 2026 (ShipMonk) and September 2026 (Brevo). Trezor states that the 2024 to 2026 incidents did not give attackers access to funds or recovery phrases.
Was the Trezor "STM32 Entropy Vulnerability" email real?
No. Trezor confirmed that the email, sent on 9 September 2026 through its compromised newsletter provider Brevo, was phishing and not a real security advisory. Do not click its link, and remember that Trezor never asks for your recovery phrase.
Which Trezor should I buy?
The Safe 3 (€59) is the budget pick, the Safe 5 (€129) adds a color touchscreen and haptic feedback, and the Safe 7 (€249) adds Bluetooth, wireless charging, full iPhone support and a second secure element. All three current models use an EAL6+ OPTIGA secure element. The Model One and Model T are discontinued.
What is the difference between Trezor Safe 3 and Safe 5?
The Safe 5 has a 1.54-inch color touchscreen with haptic feedback and a Gorilla Glass 3 front, while the Safe 3 has a 0.96-inch monochrome screen and two buttons. Both use the same secure element, both need a desktop or Android device to sign transactions, and the Safe 5 costs €70 more.
