Best Bitcoin Wallets of 2023

Why We Chose It

We chose Trezor as best for security because it comes with the strongest security features and track record of any reviewed hardware wallet.

Pros & Cons

Overview

Trezor, like Ledger, is a name synonymous with crypto cold wallet storage. Its Model T is the second generation of hardware wallets it’s created. The Trezor Model T is very much like the Ledger, but it gives the user the ability to access third-party exchanges, like Changelly and CoinSwitch, directly in its website interface. While this is quite convenient, it hardly justifies its more expensive price tag of $219.

The Model T utilizes a touch screen, which can be easier to use for beginners than the buttons their previous model used. The Trezor also has a MicroSD card slot, allowing you to use MicroSD cards to encrypt the PIN and further protect your device from attacks.

Like the Ledger Nano X, the Trezor Model T also comes with a USB-A to USB-C cable so that you can connect to your desktop computer. You can connect to an Android smartphone with a USB-C to USB-C cable, but not directly to an iPhone.

The Trezor Model T supports more than 14 cryptocurrencies and all ERC20 tokens. Trezor indicates that other cryptocurrencies are supported by its hardware wallets using a third-party wallet interface. These are considered to be non-native assets.

Some consider the Model T to be a bit more secure than the Ledger Nano X due to the X’s Bluetooth connectivity (although Ledger’s Bluetooth is optional).