Every year the number of people who already own digital money or are about to become such is steadily growing.
At the same time, every newcomer inevitably asks the question: where can he safely store his assets?
In fact, all crypto wallets are divided into "hot" and "cold". The difference between the two is that hot wallets are located on computers or servers that have access to the internet. The cool thing is that all data is stored autonomously.
The second type of wallets is safer for long-term storage of electronic coins.
Hardware wallets (refer to "cold" storage of funds) are specially designed devices that resemble ordinary computer flash drives. They allow access to electronic currency on any PC with a USB input and appropriate software. In addition to the presence of the "flash drive" itself, you will need to enter a private key for access.
This type of wallet has its positive and negative sides:
|High reliability.||In case of loss of a "flash drive" or loss of a private key, it can be very difficult or even impossible to recover funds.|
|Ability to use on different devices.||Inability to quickly carry out any operations with assets.|
The digital world is developing, new projects and coins are emerging. Along with this, methods of deceiving users are improving. Fraudsters are developing new methods of stealing assets. The development of security measures is proceeding in parallel. To protect against hacking, there are cold crypto wallets in the form of physical media. You can save the private key of bitcoin or other asset, hide it away from prying eyes.
What is a Trezor Wallet?
Security is important when investing in any digital currency. It doesn't matter how much users invest, you need to take care of the safety of their investments. There are various guides and guidelines out there, but the safest choice today to protect your bitcoins and other cryptocurrencies is a hardware wallet from Trezor Wallet.
It has gained considerable popularity, since it is independent of the Internet and ensures the ideal safety of digital currencies. This device is easy to use, improves the quality of protection and is absolutely not amenable to hacking. In everyday life, he practically does not stand out against the background of other objects and gadgets.
The manufacturer of this wallet pays a lot of attention to the security of its device. The official website has a separate page that describes possible threat options and how Trezor cold wallets deal with them.
In order to avoid any theft from the wallet, all keys are stored autonomously, and the device needs to be connected to the network only for transactions.
What platforms does the device work with?
In order for the user to use the device without any restrictions, the developers made it possible to connect it to personal computers based on: Windows, MacOS, Linux, as well as to Android smartphones.
Supported digital assets
Bitcoin and other electronic money is sent to Trezor in the same way as a regular classic wallet. But every Trezor owner should understand that in fact the device is not a storage of digital currencies, but only performs complex operations to manage private keys. The digital coin itself is stored on the blockchain, but only you can manipulate it with Trezor.
In addition to Bitcoin and other altcoins (Bitcoin Cash, Litecoin, Namecoin, Dogecoin, Dash, ZCash), you can store and send the Ethereum family of cryptocurrencies and tokens on this device using the myetherwallet website (Ethereum Classic, Callisto, Ubiq, Metaverse, Moac).
The duration of autonomous storage is calculated for decades, and the manufacturer does not exclude the possibility of expanding the possibilities by updating the firmware.
In which countries is the wallet available?
You can use the Trezor device absolutely all over the world, delivery can be ordered in more than 155 countries around the world. This allows absolutely any user of digital assets to ensure the safe storage of their funds.
Trezor Wallet only supports English and has an easy-to-understand interface. Even if the user has problems with this language, it will not be difficult to understand the wallet. You can use the Trezor wallet review on the company's official website. Or use a translator.
A hardware wallet is the most secure way to store your bitcoins and other cryptocurrencies. All other methods of storing cryptocurrencies are susceptible to hacker attacks or theft.
The Trezor is considered one of the most advanced systems among analogs, because the manufacturers initially focused the device on protecting money. To exclude the possibility of losing money, the manufacturer has implemented several levels of protection:
- Password as the simplest protection, and it is made with additional protection against reading even on already infected computers;
- Manual confirmation of each transaction directly on the key fob;
- Automatic reset of settings after three unsuccessful attempts to enter the password;
- A set of 12 or more code words to restore access to your personal wallet in the event of a device reset or loss of a gadget.
Also, when receiving the device in his hands, the user should pay attention to the integrity of the packaging, if suspicious damage is noticed, indicating that it has been opened before you, you should contact the support service on the official website of the developer.
This is because fraudsters can gain access to a user's digital currencies only if they had contact with the device itself.
In addition to the integrity of the packaging, it is necessary to pay attention to the holographic ribbons on which the Trezor emblem is depicted. On the first model of the wallet, the sticker is located on the package itself, on the updated model, it is located at the place where the USB cable is connected. Tapes must not have plywood marks. In case of any suspicions of the user, you should also contact the support service.
Important features of the wallet:
- Allows you to safely store a large amount of electronic funds;
- Works with popular Ethereum wallets, allowing you to interact with applications in the DeFi space;
- You can individually encrypt passwords and store them in an individual cloud;
- Allow two-factor authentication according to the FIDO / U2F standard;
- It is possible to safely enter accounts at the click of a button;
- Has the ability to directly connect to third-party wallets and services;
- The small size of the device allows you to keep the entire briefcase with the user's electronic means in your pocket.
Customer support is available 24/7. The support service not only helps to solve problems for users, but also collects information that allows you to prevent problems in the future.
How does Trezor wallet work?
Trezor allows you to put digital assets in cold storage, while retaining the ability to quickly dispose of them by connecting a wallet to a computer. The advantage of this approach compared to conventional software wallets is the safety of the cryptocurrency, even if the wallet is connected to a vulnerable computer, since the private key always remains in the device itself and is not disclosed to third-party applications.
First, the user will need to connect the wallet to the computer using a USB cable. The lock symbol and the official website address will appear on the screen of the device. You need to go to the Trezor website to download the myTREZOR app or browser extension, select a wallet model and set a PIN.
After setting up the Trezor wallet, it is ready to use. The user sees the interface for carrying out all possible operations with digital currency (receiving, transferring), settings (changing the pin code, setting a password, etc.). To select the desired coin, you need to click on the drop-down list.
To replenish the wallet, you must find it in the "Receive" menu. The wallet will create a unique address to which the user will subsequently transfer electronic funds. You must copy and paste it into a field on an exchange for withdrawing funds or anywhere else where the owner has digital assets.
To send funds, the user needs to select the required digital currency and click on the "Send" button. After that, enter the recipient's wallet address, the desired amount and confirm the transaction.
In addition to sending and receiving funds, Trezor allows other types of transactions. The owner can buy electronic assets directly from the wallet by providing payment details. Also, within the wallet, you can exchange digital currencies among themselves. The company is working on the function of selling electronic money, thanks to which it will be possible to liquidate it directly in the wallet and receive money into a bank account without transferring it to a third-party exchange.
How to start using Trezor wallet in Kenya?
To understand how to use Trezor wallet, you need to order it on the official website and wait until you receive it. The Trezor wallet in Kenya is a fairly common model and is in demand among a large number of investors.
After receiving, you need to make the initial activation of the wallet, you just need to follow the instructions on the device screen.
The most important thing is to clearly write down the randomly generated phrase and store it in a safe place. With its help, you can restore the wallet account in the event of a computer change, or loss of a device, as well as change the password if the owner has forgotten it.
What are the alternatives to the Trezor wallet?
The only alternative is the Ledger wallet. The models of this wallet have almost the same good security system and the number of available electronic assets, similar in number to Trezor.
Positive qualities of the Trezor wallet
Trezor Wallet has a huge number of positive qualities, but the most important of them are reliability and safety.
It is the forerunner of all hardware wallets in the world, all other types and their models were based on the Trezor Wallet.
Trezor wallet faq:
Why does the user need this type of wallet?
It is one of the best security wallets on the market.
Can I use the wallet for free?
Payment is made only once, at the time of ordering the device.
How can a user ensure the safety of their digital assets in the wallet?
By setting a password and securely storing a special passphrase.