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What is Trezor and what are its advantages?

Currently, the Trezor wallet is the most popular among investors cryptocurrencies. This is related not only to the highest level of security, but also to the unique functionality of the wallet and the supporting application. The owner of the cryptocurrency stored in the wallet can be sure of its security for various reasons.

First of all, an unauthorized person who wants to access cryptocurrencies must not only steal the physical wallet, but also the PIN that protects it. In addition, the computer can be protected with additional passwords, and its security is increased by randomly generating sets of passwords.

It is worth mentioning a number of additional features that Trezor offers, which allow you to fully secure your investment. Among others, the possibility of using the Trezor wallet as a U2F security key (an evolution of conventional double authentication systems that greatly improves security).

Advantages of using the Trezor wallet

These are the main advantages that Trezor has over its competitors:

  1. The main advantage of using a hardware wallet is that it generates the seed word offline, which theoretically makes it impossible for another user to get it if used correctly. Software wallets, used on an internet connected device, can be hacked and steal the seed word. Knowledge of a seed provides access to all of its accounts and currencies.
  2. With over 1,600 supported digital currencies, including Bitcoin, Litecoin, and Dash, Trezor supports more cryptocurrencies than most other wallets on the market. Its ability to support many cryptocurrencies puts Trezor far ahead of its competitors.

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