Trezor review
Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Trezor suits anyone who wants to hold their own keys instead of leaving them with an exchange, since custody is self custody and the device carries an EAL6+ secure element. It is a hardware wallet bought at $79, and the coin list runs to 8,000.
Key facts
Crypto exchanges
- Derivatives
- No↗
Facts checked September 26, 2026, 7 sources
Apps and profiles
- Get the app
- App Store
- Elsewhere
- WikidataXTrustpilot
Pros and cons
Pros
- Custody is self custody, where eToro, VaultLeap and Bitpanda are mobile, mobile and mobile wallets run from a phone.
- Firmware is open source, so the code running on the device can be read by anyone rather than taken on trust.
- The secure element carries EAL6+ certification.
- Coins supported run to 8,000, and backup options are seed and shamir.
Cons
- On price, Trezor ranks 104 of 121, so the $79 outlay is heavier than most options on the list.
- Support runs on help centre only, so a stuck set-up has no live chat or phone line to fall back on.
- Connectivity is usb c alone, so a phone-only routine means carrying a cable rather than tapping the device.
- Custody is self custody, so a misplaced seed and shamir recovery phrase costs the balance with nobody able to restore it.
Who it suits
- Anyone who wants self custody custody and will keep the recovery phrase safe.
- Long-term holders who would rather pay $79 at the start than a fee on every trade.
- Desktop users with a usb c port who want the wide list of 8,000.
Who should look elsewhere
- eToro, if a mobile wallet on your phone suits you better than a hardware device at $79.
- VaultLeap, if you would rather begin with a phone wallet than buy hardware, since the median price across listed wallets is €0.
- Bitpanda, if signing transactions over usb c is more than you want to manage.
Coins and connections
Coin coverage is the headline: 8,000 coins are supported through Trezor Suite, spanning widely listed majors and a long tail of smaller tokens that many phone-based wallets never carry. Breadth matters most to anyone who wants a single device to hold a whole spread of holdings rather than juggling several accounts. Connections run through usb c, which is a cable rather than a wireless pairing, so the device sits more comfortably beside a computer or a phone that carries the port. Signing happens on the machine the device is plugged into, which is a deliberate trade for a smaller surface than a phone wallet offers. For a reader weighing costs, nothing here needs a subscription: the purchase is the outlay, and the coin list is where the device earns its place.
Deposit protection
There is no deposit sitting with anyone here, because custody is self custody. No provider holds a balance, so no compensation scheme is needed and none applies. That also changes the usual safety argument: there is nothing for a third party to freeze, block or release, and equally nothing for anyone to chase if something goes wrong. The security that does exist is physical and inspectable. The secure element carries EAL6+ certification, and the firmware is open source, so the code running on the device can be read by anyone rather than trusted blindly. No regulator is named for the device itself, and readers who rely on a named protection scheme for cash balances will find the protections here are cryptographic rather than compensatory.
How it compares on our data
On coins supported, Trezor ranks 8 of 111 brands, which puts broad token coverage near the front of the field without sitting at the top of it. On price, the ranking is 104 of 121, so Trezor sits towards the expensive end of the list. The reason is structural rather than promotional: for a hardware wallet the cost is the purchase itself, and there is no cheaper entry point hidden behind it. Read together, the two ranks describe a device bought once to cover a wide coin list rather than a low-cost way to begin. A reader who wants broad coverage and accepts the outlay will find that trade sensible; a reader who wants to try crypto cheaply will not.
Security and backup
The security story runs through the chip, the code and the backup. The secure element carries EAL6+ certification, the firmware is open source so its logic can be inspected by anyone, and backup options are seed and shamir. Because custody is self custody, the backup is the whole safety net, and the two backup routes are not equal. A seed recovery phrase kept in a single place is one point of failure, while Shamir splits the secret into shares that have to be brought together before access is restored. That extra step costs some patience at set-up and buys a real reduction in the risk that one lost item empties the wallet. Choose the split route for larger balances, and treat the backup with the same care as the device itself.
How Trezor compares
9.0 vs 9.1
9.0 vs 9.4
9.0 vs 9.4
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9.0 vs 9.4
9.0 vs 8.7
9.0 vs 9.2A mobile wallet you carry on a phone, rather than a hardware device bought at $79 and kept plugged in.
9.0 vs 8.7
9.0 vs 9.3
9.0 vs 9.0
9.0 vs 9.0
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9.0 vs 8.4- 9.0 vs 8.0
Where Trezor is available
- Available
- Argentina
Countries from its affiliate programme
Frequently asked questions
How much does a Trezor cost?+
The device is priced at $79. That is a single hardware purchase rather than a subscription, and the median annual fee across the wallets listed on the site is €0. On price, Trezor ranks 104 of 121, so expect the purchase to be the heaviest part of the cost.
Who holds my crypto with Trezor?+
You hold the keys yourself. Custody is self custody, so no exchange or app keeps a balance for you, and recovery rests with the backup you create, and backup options are seed and shamir. Anyone who wants a provider to hold the balance is better served by a custodial wallet.
Is the software open source and the chip secure?+
Yes, the firmware is open source, so anyone can read the code rather than take it on the maker's word. The secure element inside carries EAL6+ certification. That matters more here than at an exchange, because self custody means the device itself stands between a thief and the balance.
How many coins can it hold?+
Coins supported total 8,000 through Trezor Suite, covering widely listed majors alongside a long tail of smaller tokens. On that measure Trezor ranks 8 of 111 brands, so the list sits among the wider ones on the site.
How does it connect and how is it backed up?+
The device connects over usb c, so it plugs into a computer or a phone with that port rather than pairing over the air. Backups are seed and shamir, and the difference matters: a seed recovery phrase is a single secret kept together, while Shamir splits it into shares that must be combined.
What support comes with the device?+
Support is help centre based. Across the wallets listed on the site, help centres appear on 87.8% and phone lines on 20%, so Trezor covers the commoner channel and leaves the rarer one out. Documentation suits a device whose set-up and recovery are self-serve.
Is there any protection over the balance?+
Trezor is a hardware wallet with self custody custody, so no account balance sits with a firm and no protection scheme applies to it. What protects the holding is the EAL6+ secure element, the open source firmware and the backup you keep. Losses in the value of the coins stay yours.
How much do retail investors typically lose?+
Across the site, the median share of retail investors who lose money is 70.15%, within a range of 40.3% to 88%. Self-custody at Trezor protects storage rather than value, so the price of any coin held can fall whatever the device does.
Hardware wallet or mobile wallet?+
eToro, VaultLeap and Bitpanda are mobile, mobile and mobile wallets, carried on a phone with the provider looking after the keys. Trezor is hardware at $79, which costs more to start and puts you in charge of backups and cable connections.
Sources
- coinbureau.com/review/trezor-safe-3-review checked September 26, 2026
Backs: Connectivity, Price
“USB-C connectivity”
- news.superex.com/articles/33554.html checked September 26, 2026
Backs: Coins supported
“more than 8,000 coins”
- trezor.io checked September 26, 2026
Backs: Custody, Features, Open source, Wallet type
“Your private keys are generated in Trezor and held only by you. No third parties.”
- trezor.io/store checked September 26, 2026
Backs: Backup options
“Protect your 20-word or 24-word wallet backup with ease, or choose Multi-share Backup”
- trezor.io/support checked September 26, 2026
Backs: Support channels
“Trezor Knowledge Base”
- trezor.io/trezor-safe-3-cosmic-black checked September 26, 2026
Backs: Secure element
“Secure Element Certified Chip EAL6+”
- trezor.io/trezor-suite checked September 26, 2026
Backs: Derivatives
“buy, sell, swap & stake securely all in one app”
Compiled from 7 source pages, checked September 26, 2026. We did not open an account.