John: I tested out each currency and below are the results.

BTC works great as it should be. No problemo. BCH work ok as expected as well. Dash works ok as expected as well. Litecoin — had a hiccup transferring from Bittrex to TREZOR. This was due to the new SegWit friendly address on TREZOR not being supported by Bittrex. The good thing is that the litecoin was never lost in the process. I simply had to generate a backwards-compatible address using the tool provided by the TREZOR. Tried again and the transaction worked. A few more steps you have to do which could be confusing for beginners. ETH was a pain. I didn’t like the fact that I had to leave the TREZOR extension page on my Chrome browser to go to myetherwallet. From there you have to go through 3 steps to get to your ETH wallet. To get to your receiving address, you have to go through yet another 3 steps. Confusing and inconvenient. ETC is even worse, since you have to do more extra steps to make sure that you are in the ETC mode on myetherwallet. So if you are doing ETH and ETC frequently, you have to go through 6–8 extra steps to access your wallet. This is not very user friendly. I wish TREZOR would simply integrate ETH/ETC wallets into the TREZOR Chome extension so that it is more seamless. The Ledger NanoS is actually more convenient for ETH/ETC based on my experience.

How it will show up on your TREZOR when you do a transaction

James: Setting up your TREZOR takes a bit of work but it’s a fairly simple and straightforward process, even if you’re inexperienced in dealing with cryptocurrencies. First when you plug in your TREZOR you’ll be directed to the TREZOR website where you’ll be asked to download a browser plugin. This is how you’ll set your pin, which comes from a randomized numerical pad in the browser. Then you’ll be given a randomly generated 24 word seed to recover your account in case anything happens to your TREZOR. The whole setup process should only take about 10 minutes and then you’ll be ready to start transferring coins to your TREZOR. Overall Satoshi Labs is trying to give an extra layer of security but still provide a simple user experience which is accessible to anyone which the TREZOR accomplishes nicely.

FEATURES

Jason: I really liked the customizable screen was really cool. It really gives it that personal touch when it turns on; its always a pleasant surprise. Also the password manager is a nice touch if you want that extra layer of security for your email, Facebook, Twitter, etc., but it might be a bit cumbersome since you would always have to connect your TREZOR to a computer to access it. The one thing that I hope that they do very soon is an integrated platform for Ethereum as soon as possible.

Raphael: There is a large set of coins that can be stored on the TREZOR and the teams seems to continuously accept new coins that become popular and which technology has been proven to be safe. The pin system and double-authentification are intuitive and constitute good security for the precious cryptocurrencies. Finally, without any doubt the password manager feature is a great plus.

Charles: Great user experience. I think it was easy to get setup, easy plug-n-play for me. I like that the TREZOR team provide a chrome extension as I don’t really like downloading a lot of software. I also like the fact that it connects with MyEtherWallet to manage ETH and my ERC20 Tokens as I find this more trustable and accessible from anywhere as long as you have internet connection. A downside I noticed is that you do need both a computer and internet connection to manage your wallets

Creating a custom message on your TREZOR

VALUE

Tuulia: The price is reasonable for experienced traders. When it comes to the beginners in trading, the price might be a little too high if the beginners don’t invest more than $100 USD.

At the moment, there are not so many competitors in hardware wallet business so the current price of Trezor is acceptable. However, the situation might be different in the future if there will be more and more hardware wallets to choose from, especially if the hardware wallets have more unique features with a cheaper price.

We didn’t have a chance to test the product for more than a month but it seems like the product will last long and it won’t be necessary to replace it for a new one immediately. Overall, if TREZOR can give you more protection in transactions, purchasing it will be a good choice.

When logging into the TREZOR, you have to type in your pin and use the screen the match up the numbers with the grid.

Sean: The price of the TREZOR wallet varies from site to site, but on average it’s about $90 USD. You can buy it for €89 on the TREZOR wallet website, which is equal to about $105 USD. The price that you can get it for on Amazon US is $86.99 which is cheaper than buying it off of the website itself. I personally don’t see any reason why you would want to pay more and buy it off of the website.

The price of the TREZOR wallet (and any hardware wallet for that matter) is not cheap, but if you’re a serious investor in cryptocurrencies and are looking for a way to keep your assets safe, then this price is not expensive at all. However, mobile wallets are also a good option for those who don’t feel comfortable about making this investment, so in the end it is all a matter of personal choice.

James: On Amazon you can get a TREZOR for $99. This puts it at the higher end of the spectrum for hardware wallets, which range from $65 to $99. This might be too large of an investment for casual cryptocurrency users who are satisfied with the safety of other wallets on different platforms. Right now the market for hardware wallets is relatively limited with three main products available, which gives the companies more pricing power. However if you are a serious user, 99$ is a reasonable price for the knowledge that your assets are as safe as possible.

CONCLUSION

We each rated the TREZOR in the four previously mentioned categories, and gave a score for each one on a 5-point scale, and then we took the average as our final score for the TREZOR: