1. High security
- Stores private keys offline, protecting against online threats
- Requires physical confirmation on the device for each transaction
- PIN protection with random keyboard helps prevent spyware
- Completely open-source design, providing transparency and the ability to audit the source code
2. Easy to use
- Simple setup and use, suitable for beginners
- 0.96" monochrome OLED display clearly shows transaction information
- Simple two-button navigation interface
- Compatible with easy-to-use Trezor Suite software
3. Multi-currency support
- Supports over 1,000 cryptocurrencies and tokens
- Compatible with many third-party wallets like MetaMask, Exodus, and other applications
4. Reasonable price
- One of the most affordable hardware wallets (reference price 1690k at the time of writing)
- Lower investment cost compared to higher-end models.
Compact design for easy portability
Disadvantages:
1. No Secure Element
- No secure chip (Secure Element) integration, making the wallet more vulnerable in case of physical theft
- Potentially higher security risks compared to models with secure chips
2. Limited screen
- Small monochrome screen may degrade over time
- Can cause difficulties in confirming transactions with 100% accuracy after a period of use
3. Does not support some popular coins
- Does not directly support some coins like XRP
- Requires additional wallets for some specific coins
4. Limited connectivity
- Only supports Micro USB connection, no wireless connectivity
- iOS integration only in view mode (cannot send transactions from the iOS app)
5. Lacks some features of higher-end models
- No touchscreen like the Trezor Model T
- No built-in NFT management and staking features
- No dedicated mobile app
Trezor One is a reliable hardware wallet at a reasonable price, suitable for beginners and those looking to secure their cryptocurrency at an affordable cost. Although it lacks some premium features and does not have a dedicated secure chip, it still provides superior protection compared to ordinary software wallets.
