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Trezor is a cryptocurrency hardware wallet that allows users to compare competitive rates, buy, exchange, and spend coins in a secure environment. The hardware is complemented by its desktop app that enhances both security and privacy in an all-in-one tool. Since online wallets offered by exchanges are vulnerable to hacking, the Trezor wallet offers a secure offline solution. All Trezor wallets are audited by security researchers and designed for confidence and ease of mind.
Trezor gives all its users the comfort of knowing that all their funds are safe and thereby giving them lots of goodnight's sleep. Here are some of the things Trezor does to make sure everything is in check:
Recovery Seed. Offline. - A personal 12 to 24 words long recovery seed is all that is needed to access the entire wallet. This can be done offline, safe from online vulnerabilities, away from malicious online actions.
Unique for you - Trezor will generate a seed the first time the user logs in. But when they need to restore access to their wallet, Trezor has a special procedure called the Recovery Seed, which is essentially a way to access the backup of the data inside the wallet.
Cross-Compatible - In case a user needs access to the backup and does not have an extra Trezor wallet, there is no need to worry since the Recovery Seed follows a standard created by SatoshiLabs which is widely used and compatible with many wallet apps.
Trezor starts at 48.13 USD.
Trezor has top-notch security and the support team is extremely helpful. It may be a bit pricey but its features and its reliability certainly make it worth it. Everybody should get their hands on one as soon as they can.