Trezor Safe 3 & Trezor Keep Metal Crypto Wallets Guide. The world of cryptocurrencies is ever-evolving, and security remains a paramount concern for all crypto enthusiasts.
Trezor, a renowned player in the realm of hardware crypto wallets, has taken a bold step by unveiling its latest products – the Trezor Safe 3 and Trezor Keep Metal.
These launches coincide with the company’s grand 10-year anniversary celebration and are aimed at providing maximum safety and user-friendliness for crypto newcomers.
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In a world where digital assets are becoming increasingly mainstream, it’s essential to have a secure place to store them.
Hardware crypto wallets, like those offered by Trezor, are widely considered the safest option. These nifty devices are typically offline, which drastically reduces the risk of online attacks. Furthermore, they provide an alternative to centralized exchanges, where your assets might be at the mercy of the platform.
If you remember the Celsius debacle from June 2022, you’ll appreciate the value of having complete control over your crypto.
However, this control comes with a hefty responsibility. When you set up your wallet, you’re given a unique passcode, also known as a seed phrase, but just once.
If you lose it, you could lose access to your assets forever. Recognizing the challenges that newcomers face in the crypto space, several wallet providers have been working diligently over the past year to improve their user interfaces and products.
Trezor Safe 3: Simplifying Crypto Wallets
The Trezor Safe 3, priced at $79, is a sleek and stylish hardware wallet available in four elegant colors – gold, rose gold, silver, and black. It boasts a 0.96-inch monochromatic OLED screen and an intuitive two-button pad.
Supporting major cryptocurrencies like Bitcoin and Ethereum, as well as a vast array of other tokens (over 7,000 to be precise), this device can be seamlessly integrated with Trezor’s desktop application. Notably, it comes with tamper-resistant hardware components for an extra layer of protection.
Despite its robust security features, the Trezor Safe 3 is incredibly lightweight, weighing just half an ounce. The packaging is compact, akin to an iPhone in size, and includes the wallet, a USB-C charging cable, branded stickers, and a helpful pamphlet detailing the setup process.
Crucially, it also provides two paper cards where you can diligently write down your 12-word recovery phrase – this is the key to your device’s assets.
A crucial point to remember is that you should never write your recovery phrase online; it must be on paper and securely stored.
The recovery seeds are essentially randomly generated words, acting as a password that can’t be reset if forgotten.
To make its 10-year anniversary even more special, Trezor released a limited edition Bitcoin-focused hardware wallet. This unique device, only available in “Bitcoin orange,” was in limited supply with just 2,013 units.
It sold out in a flash. The packaging even features a quote from Satoshi Nakamoto, the pseudonymous creator of Bitcoin, which reads, “If you don’t believe me or don’t get it, I don’t have time to try to convince you, sorry.”
Setting Up the Trezor Safe 3: A Breeze
The setup process is a breeze. You start by downloading and installing the Trezor Suite, which offers a much more user-friendly interface compared to the device’s small screen.
Then, you connect your Trezor using the provided USB cable and complete the setup online. During this process, you have the option to either create a new wallet or recover an existing one using a backup recovery seed.
Trezor offers two backup options: a standard seed backup and an “Advanced Shamir Backup.” The latter allows you to recover the wallet by combining a list of words and provides the option to store them in different secure locations.
The entire setup process takes less than 10 minutes, and it indeed lives up to Trezor’s reputation for user-friendliness.
To put it to the ultimate test, we plan to have a non-crypto-native individual set up the device and share their experience.
Trezor Keep Metal: Protecting Your Recovery Seeds
The Trezor Keep Metal is designed to safeguard your recovery seed phrases and comes in two variants – $99 for standard 12-word backups and $249 for the 20-word Shamir-compatible backups, which can be used in conjunction with the Trezor Safe 3.
While the Shamir version may seem heavy at 67 ounces, it’s incredibly compact, measuring just 3.9 inches x 1.4 inches, and weighing less than a pound. The standard version is also relatively lightweight, at about 1.3 pounds, with dimensions of 4.3 inches x 1.2 inches.
Both are built to withstand damage, constructed from “aerospace-grade” stainless steel and featuring a sleek black surface treatment.
The Shamir version includes three 20-word backup devices, while the standard version provides a single device for a 12-word backup phrase. Each product is thoughtfully packaged, including a pre-marking pen for labeling, tamper-evident stickers for sealing, and step-by-step instructions.
The Trezor Keep Metal guarantees that your recovery seed papers remain secure under any conditions. Its corrosion-resistant exterior, watertight seal, and claims of protection against fire, acid, extreme temperatures, chemical corrosion, and heavy impacts, make it a reliable guardian for your crucial recovery data.
Though we didn’t put these claims to the test in this review, the product’s protective features are designed to instill confidence.
Is It Worth the Price?
With price points of approximately $99 and $250, some might consider the Trezor Keep Metal a bit expensive for their needs. However, if you tend to misplace or damage important documents, this product offers an added layer of security.
While the price may seem steep, it’s all relative, especially if your crypto holdings are of significant value.
Both of these exciting products are available for pre-order and are expected to be shipped to the public in mid-November, as per the company’s statement.
Final Thoughts On Trezor Safe 3 & Trezor Keep Metal
In light of the famous crypto wallet mantra, “Not your keys, not your coins,” and the recent challenges faced by centralized exchanges, there’s been a significant uptick in interest in self-custody of crypto assets using hardware wallets.
Trezor CEO Matěj Žák noted that while hardware wallets are still underutilized, there’s massive potential for growth, attracting both existing crypto users and newcomers to the space.
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