Is Trezor safe?

Easy

Is Trezor safe? A complete analysis of Trezor wallet security

Are you considering buying a Trezor wallet to secure your cryptocurrencies , but wondering if it's truly reliable? The short answer is: yes, Trezor is safe , provided you understand its security mechanisms, limitations, and best practices. This article provides a detailed answer.

Table of contents

Is Trezor sure: what exactly are we talking about?

Trezor is a range of hardware wallets designed by Satoshi Labs . It currently includes several models:

  • Trezor Model One : the oldest, most minimalist, without Secure Element
  • Trezor Model T : Touchscreen, Shamir Backup compatible, without Secure Element
  • Trezor Safe 3 : Compact with Secure Element
  • Trezor Safe 5 : the most advanced to date, touchscreen, Secure Element, microSD, Shamir

These wallets are designed to store private keys offline —that is, the information used to sign transactions on the blockchain . Without these keys, no one can access your funds. For more details comparing the different models, we invite you to read our detailed comparisons of the Trezor Safe 5 and the Model T, as well as the Model T and the Trezor One.

Is Trezor safe?

Yes, Trezor applies a rigorous security approach, with several layers of protection:

A 100% open source firmware

Unlike some competitors such as Ledger , Trezor 's firmware is entirely open source . It is published on GitHub and auditable by any developer. This means there are no opaque areas in the code, and any potential vulnerabilities can be quickly identified and fixed.

Physical isolation of private keys

Private keys never leave the device. All critical operations (seed generation, transaction signing) take place within the wallet . Even if your computer is compromised, your funds remain safe as long as you only confirm what you see on the screen.

Independent verification screen

Each transaction or operation is displayed on the wallet screen. This allows you to verify the address and amount, regardless of what is displayed on your computer. A scam cannot force you to confirm a transaction to the wrong address without your knowledge.

PIN code and passphrase

Upon startup, the user must enter a PIN to access the device. If someone attempts to crack the code, the timeouts increase exponentially. It is also possible to add an passphrase , which acts as a second password and creates a parallel wallet invisible to anyone who doesn't know it.

Secure Element (Safe 3 and Safe 5)

Ledger models , the Safe 3 and Safe 5 now include a Secure Element : a certified chip designed to withstand advanced physical attacks. It protects the seed phrase against extraction by electron microscopy , current analysis , or laser fault injection . Combined with open-source firmware, it enhances security without sacrificing transparency. For more details comparing Ledger and Trezor , we invite you to read our Ledger vs. Trezor comparison .

PIN encryption via microSD card

The Model T and Safe 5 allow you to encrypt your PIN using a microSD . In practical terms, this means that without the card inserted, the device becomes unusable, even if someone knows your PIN. It's an additional layer of physical protection.

Is Trezor safe? What are the possible risks?

Like any security system, a Trezor wallet is not infallible. Here are the main risks, and how they are mitigated:

Loss or theft of the wallet

If your Trezor device is lost or stolen, this does not automatically mean that your cryptocurrencies are at risk. Several mechanisms prevent third parties from accessing your funds:

  • A PIN code is required : without it, the device is unusable. And after each incorrect attempt, an increasing waiting period is imposed, making multiple-attempt attacks impractical.
  • Passphrase (optional) : If you enable this feature, it acts as a secret password that grants access to a separate wallet. Even with the seed, a thief will not be able to access this hidden content without the correct passphrase.
  • Recovery seed : If you lose your device, you can fully restore access to your funds on a new wallet by entering your recovery phrase. As long as this seed is kept safe, your assets remain accessible only to you.

Seed loss

If you lose your recovery phrase (seed), you permanently lose access to your funds. Trezor offers a more robust solution: Shamir Backup .

Phishing and user manipulation

The most frequent attacks don't target the hardware, but you: fake websites, fake firmware, hasty confirmations, or even actual physical attacks. For the first type, you should always:

  • Download Trezor Suite from the official website
  • Check each transaction on the wallet screen
  • Never share your seed, not even with support

Is Trezor safe: What is Shamir Backup and why is it safer?

Shamir Backup (SLIP-39) is a backup method that allows you to divide the seed into several parts (for example, 5), and define how many are needed to restore access (for example, 3 out of 5). You can then:

  • Store each share in a different location (safe, home, trusted relative)
  • To limit the risks in case of theft or loss of a fragment
  • Reducing the impact of a single security breach

This system is only available on the Trezor Model T and Safe 5 .

Is Trezor safe? Which model is the most secure?

ModelPhysical securityShamir BackupSecure ElementmicroSD card
Model OneOpen source firmware, external screenNoNoNo
Model TOpen source firmware, microSDYesNoYes
Safe 3Open source firmware, Secure ElementNoYesNo
Safe 5Open source firmware, Secure Element, microSDYesYesYes

In summary: is Trezor safe?

Yes, Trezor is one of the most secure systems for storing your digital assets offline. Its design is based on proven principles:

  • Open source firmware , publicly audited
  • Complete isolation of private keys
  • Separate screen to verify each transaction
  • Physical protection via Secure Element and microSD
  • Advanced backup option with Shamir Backup

Security also depends on the user: never lose your seed phrase, never share it, and carefully check each action on the device's screen. Newer models like the Safe 5 or Safe 3 offer an extra layer of protection for those who want to maximize their security.

Cryptocurrency investments are risky. Crypternon cannot be held liable, directly or indirectly, for any damage or loss resulting from the use of any product or service mentioned in this article. Readers should conduct their own research before taking any action and only invest within their financial means. Past performance is not indicative of future results. This article does not constitute investment advice .

Certain links of this article are sponsorship links, which means that if you buy a product or you register via these links, we will collect a commission on the part of the sponsored company. These commissions do not train any additional cost for you as a user and certain sponsorships allow you to access promotions.

AMF Recommendations. There is no guaranteed high return; a product with high potential returns implies high risk. This risk must be commensurate with your investment goals, your investment horizon, and your ability to lose some of your savings. Do not invest if you are not prepared to lose all or part of your capital.

All our articles are subject to a rigorous verification of the facts. Each key information is verified manually from reliable and recognized sources. When we cite a source, the link is systematically integrated into the text and highlighted by a different color, in order to guarantee transparency and allow the reader to consult the original documents directly.

To go further, read our pages legal notices , privacy policy and general conditions of use .