What’s Trezor Hardware Wallet?
Trezor hardware wallet is a device to store and transact cryptocurrencies. Cryptocurrencies are digital currencies. So, you can’t own them (physically) like traditional currencies. But, you have to store these currencies safely. That’s why digital wallets are used.
Trezor is a digital wallet. In 2014 Satoshi Lab had launched this wallet. It’s not a software wallet. It’s a hardware wallet and it has some wonderful security systems. Therefore, cryptocurrency owners love this wallet.
Benefits Of Using Trezor Hardware Wallet
1) High-Security Encryption
Trezor requires no internet connection to store your cryptocurrencies. You can keep this wallet away from all spyware, viruses, and malware. Hence, nobody can steal your data.
Moreover, this hardware wallet has physical keys. You can’t complete any transaction without pressing those keys. As a result, your digital currencies will stay safe in this wallet.
Furthermore, a Trezor device has a pin and password phrase (passphrase). Thus, a Trezor wallet is fully encrypted.
2) Fast Transaction
Trezor supports Bitcoin and all popular cryptocurrencies. It uses smart technologies. Hence, you can store and transact on this device quickly. The KYC verification process on Trezor is also fast. As a result, you can complete all your transaction activities on Trezor within a short time.
3) Offline Setup
Trezor wallets can be set up in different ways. But, the wallet has an offline setup process. To complete this setup, you need a Chrome extension. This process is a great way to set up your hardware wallet in a completely secure environment.
4) Exceptional Recovery Procedure
This hardware wallet has a 24-word passphrase. This passphrase can help you to recover your Trezor wallet. You may lose your Trezor wallet or thieves may steal it. But, if you remember this passphrase or password phrase, then you can recover your wallet.
5) Easy To Use
Trezor has an easy user interface. You just have to connect it to a computer with an internet connection. Then, you will be ready to use it. The wallet is small. So, you can carry it anywhere. Moreover, it’s waterproof and it’s tamper-proof. Hence, you would face no difficulty to use it.
How To Make Your Trezor Wallet Secure
Step One
At first, connect your Trezor wallet via USB cable. Then, firmware will be installed.
Step Two
After installing the firmware, Trezor will ask for a backup. Now, you will get a seed. This seed will consist of 24 words. You have to write down the seed. This seed can help you to recover your Trezor wallet (in the future).
Step Three
Next, you have to give a pin to your wallet. This pin is really important. Hence, you should set it up carefully.
Step Four
Now, you ready for a secure transaction.
Where Can You Buy Trezor Hardware Wallet?
The best place to buy a Trezor wallet is its official site. You can also buy a Trezor wallet from e-commerce sites. But, to buy the latest version of Trezor, you should visit the official website of Trezor.
Trezor wallet has extremely high-security encryption. It stores your Bitcoin and other cryptocurrencies in an offline wallet. As a result, your cryptocurrencies stay safe and secure.