Trezor Safe 3 Review: Is This Next-Gen Hardware Wallet Secure?

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Trezor Safe 3 Review Is This Next-Gen Hardware Wallet Safe

Welcome to the future of cryptocurrency security – Trezor Safe 3. If you’re a crypto enthusiast, you’re likely aware of the rising importance of keeping your digital assets safe.

Trezor Safe 3 is the latest addition to the Trezor hardware wallet family, and it’s generating quite a buzz. In this Trezor Safe 3 review, we’ll take you through everything you need to know about this remarkable hardware wallet.

At 15/11/2023, this article was updated to reflect the latest information from Trezor. As of 13th November, Trezor has officially commenced shipping for the new Trezor Safe 3, with most backorders expected to be fulfilled by the end of November.


What is Trezor Safe 3?

Before we delve into the details of this Trezor Safe 3 review, let’s talk about why securing your cryptocurrency matters. In the wild west of the digital world, where hackers and cyber threats lurk around every corner, safeguarding your investments is critical. The value of cryptocurrencies makes them an attractive target, and the stakes are high. That’s where Trezor Safe 3 steps in, providing you with peace of mind and robust security for your crypto holdings.

Trezor Safe 3 is the newest Trezor hardware wallet launched on October 12, 2023, and it’s packing some serious security punches. Having this hardware wallet is like having an impenetrable vault for your cryptocurrencies. Your peace of mind is practically guaranteed.

Read also! Trezor Safe 3 vs Trezor One


Pros and Cons of Trezor Safe 3

Let’s break down its features to give you a clear understanding of what it offers.

Pros Cons
Secure Element Protection Relatively Higher Price
Open-Source Design Pre-Order and Shipping Delays
Device-Entry Passphrase No Wireless Connectivity
Multiple Backup Options  Complexity: The range of features and backup options might be overwhelming for crypto beginners
Privacy Features
Large Coin Support
Two-Factor Authentication & FIDO2
Compact & Stylish Design
Product Safety & Certifications

Key Features of Trezor Safe 3

When it comes to securing your digital wealth, Trezor Safe 3 doesn’t cut corners. It’s fortified with a range of features that set it apart.

Cutting-Edge Security Features

Now, what makes the Trezor Safe 3 tick? To start, it boasts a Secure Element (EAL6+). What does that jargon mean? Simply put, it’s like putting your crypto in a fortified vault. It’s security that’s practically impenetrable. Your crypto is safe and sound, no questions asked.

But that’s not all. It comes with a Device-Entry Passphrase. This adds a layer of protection that’s personal to you. It’s like having a secret handshake to access your treasure trove.

Design and Aesthetics

We can’t review the Trezor Safe 3 without mentioning its look. It doesn’t just excel in security; it’s got style too. Trezor Safe 3 is available in four color variations, Solar Gold, Stellar Silver, Galactic Rose, and Cosmic Black.

Trezor Safe 3. Source: Trezor

The sleek, modern design is like having an elegant bodyguard for your digital wealth. It’s a delightful combination of aesthetics and functionality.

Standard Backup and Recovery Options

The biggest fear in the crypto world is the risk of losing access to your assets. Trezor Safe 3 addresses this issue comprehensively. With wallet backup options, you can kiss those worries goodbye.

For the average user, the Standard Backup offers a 12-word recovery seed. It’s simple, accessible, and secure. If you’re like me and you believe in having a backup for your backup, there’s the Shamir Backup. With Shamir Backup, you get multiple word lists. This way, you can distribute parts to trusted friends or family, and even if some parts are lost, your crypto remains secure.

Two-Factor Authentication and FIDO2 Standard

Just to top it off, there’s two-factor authentication (2FA) and FIDO2 standard. It’s like adding a moat and a drawbridge to your digital castle. Two-factor authentication means you need something more than just your password to access your wallet. And FIDO2? That’s an industry-standard for strong authentication. This not only secures your access to your crypto but also makes it a lot more convenient. You can use methods like biometrics or security keys, so you’re not fumbling with SMS codes.

So your crypto concerns? Consider them crushed.


How Trezor Safe 3 Enhances Privacy

Now that we’ve talked about its features, let’s delve into the heart of the matter: how this sleek piece of tech fortifies the privacy of your cryptocurrencies.

  • Open-Source and Transparent Design

Worried about what’s under the hood? They say trust but verify, and that’s precisely what Trezor Safe 3 offers. It’s open-source, which means that its code is transparent and can be audited by anyone (who’s tech-savvy). You can see what’s under the hood, ensuring that there are no hidden tricks or backdoors. It’s like having the keys to your own bank vault.

  • Coinjoin and Coin Control: Going Incognito

Privacy is a big deal in the crypto world, and Trezor Safe 3 respects that. With features like Coinjoin and Coin Control, you can shuffle your transactions and decide which coins you want to use. It’s like going incognito, leaving no traces behind.

  • Anonymity with Tor Integration

To take it a step further, Trezor Safe 3 also integrates with Tor. This means that your transactions are routed through the Tor network, making it extremely difficult for anyone to trace your steps. It’s like wearing a digital mask while you move through the crypto jungle.

Read also! Best Bitcoin Wallet in Ghana


Supported Coins

A hardware wallet is only as good as the number of cryptocurrencies it supports, and here’s where Trezor Safe 3 shines.

  • The Extensive List of Supported Coins

Trezor Safe 3 doesn’t play favorites. It’s a one-stop-shop for crypto enthusiasts. With compatibility for an astonishing 8000 different coins, you’re not limited to just the big players. It’s like having your very own crypto bazaar.

From Bitcoin to those niche altcoins, you can secure them all under the Trezor Safe 3 umbrella. No need for multiple wallets; everything’s in one place.

  • Versatile Cryptocurrency Handling

Not only does Trezor Safe 3 support a vast array of coins, but it also handles them with finesse. You can send, receive, and even trade right from this nifty device.

It’s your gateway to the crypto universe, and it makes navigating this often complex space a breeze. No need to juggle different apps or wallets; it’s all conveniently packed into the Trezor Safe 3.


At a Glance: Quick Specs

Hardware wallets should be not only secure but also user-friendly. Let’s take a quick look at what makes Trezor Safe 3 so approachable.

Trezor Safe 3 Review
Trezor Safe 3. Source: Trezor

Physical Specifications

  1. Two-Button Pad: Sometimes, simplicity is key. Trezor Safe 3’s two-button pad makes navigating your wallet a simple affair. No need for complex controls.
  2. 0.96′ Monochromatic OLED: You won’t be squinting at your screen. The high-contrast OLED display is clear and easy to read, even in various lighting conditions.
  3. USB-C Connectivity: The world is moving towards USB-C, and Trezor Safe 3 is ahead of the curve. You can easily connect it to your devices without fumbling for the right orientation.
  4. Compact Size and Weight: This little wallet is pocket-friendly. At just 59x32x7.4 mm and a feather-light 14 grams, it’s designed for portability.

Ease of Use: Send, Receive, and Exchange

Trezor Safe 3 isn’t just about security; it’s about simplicity. Whether you’re sending your crypto to a friend, receiving payments for your services, or making those quick trades, the device streamlines the entire process.

It’s like having a crypto concierge in your pocket, ready to assist you in managing your digital assets effortlessly.


What’s in the Box?

When you finally get your hands on the much-anticipated Trezor Safe 3, what treasures await inside the box?

When you unbox your Trezor Safe 3, you’ll find the following items:

  • Trezor Safe 3: The moment you slide the sleek Trezor Safe 3 box out of its outer packaging, you’ll find the hardware wallet itself, nestled snugly in its secure housing.
  • USB-C cable: Besides the star of the show, you’ll find a trusty USB-C cable for seamless connectivity
  • Recovery Seed Cards: There are not one but two recovery seed cards. These are like secret maps, your keys to regaining access to your assets in case of emergencies.
  • Start-Up Guide: In the digital world, starting off on the right foot is vital. Trezor understands this, which is why they include a start-up guide. It’s not one of those heavy, jargon-filled manuals; it’s a simple, straightforward guide to get you up and running.
  • Trezor Stickers: Now, this is a nice touch. Trezor stickers. They’re like a little badge of honor for your crypto setup. Stick them on your laptop, your office desk, or anywhere you want to proudly display your allegiance to top-notch cryptocurrency security.

Safety, Certifications, and Material

Now that we’ve uncovered the contents of the box, let’s dive into the safety, certifications, and materials that make Trezor Safe 3 more than just a cool gadget.

Trezor Safe 3 Review

  • CE and RoHS Certifications

When it comes to quality, Trezor has ticked all the boxes. The device is CE and RoHS certified, ensuring it meets the highest quality, reliability, and environmental standards. Your digital safety is in trusted hands.

  • Material Composition: Durable and Tamper-Evident

The Safe 3 isn’t just about what’s inside; it’s about what’s outside too. It’s built to last, with durable PMMA plastic featuring a hidden-tilt effect. The tamper-evident casing and anodized aluminum backplates make sure your crypto is protected from any external threats. Plus, those precise buttons and intricate laser engraving add a touch of finesse.

  • X-Ray Safe and Travel-Friendly

Ever thought about taking your Trezor on a flight? Well, you can. It’s X-ray safe, so it won’t raise eyebrows at airport security. It’s your trusty companion, even on your worldly adventures.

Read also! Trezor Model One Review


What’s the Price of Trezor Safe 3?

We’ve explored the high-tech features and sleek design of the Trezor Safe 3. Now, let’s talk about the practical aspects – the pricing and availability. After all, even the most fantastic tech needs to be accessible, right?

  •  Affordable Price Point

Trezor Safe 3 comes with an affordable price point of just $79. That’s not just a hardware wallet; it’s an investment in your peace of mind. In the world of cryptocurrencies, where security is paramount, a sub-$100 option with this level of robustness is a real steal.

  • Expected Shipping Date

The anticipation is part of the excitement, and you won’t have to wait too long. The expected shipping date for Trezor Safe 3 is set for mid-November. Just in time to make it to your holiday wish list! Whether you’re treating yourself or considering it as a gift for a fellow crypto enthusiast, this wallet will be available before the holiday season hits full swing.

  • Pre-Order Information

Latest update! The much-anticipated Trezor Safe 3 wallet is now shipping. According to a Nov. 13 update from Trezor’s official X (formerly Twitter) account, they’ve begun shipping the new Trezor Safe 3, along with the Trezor Safe 3 Bitcoin-only edition and the Trezor Keep Metal. The team has started fulfilling most backorders, with the aim to complete shipments by the end of November. This means you can soon experience the cutting-edge in crypto security.


Trezor Safe 3 vs. Trezor Model T vs. Trezor Model One

Let’s compare this newcomer to two of its predecessors, the Trezor Model T and the Trezor Model One. Here’s how Trezor Safe 3 stacks up against the previous models:

Models Trezor Safe 3Trezor Safe 3 Review Trezor Model TTrezor Model T Trezor Model One
Description The latest Trezor hardware wallet with Secure Element protection and open-source design. Advanced cryptocurrency wallet with a touchscreen display. The original hardware wallet for securely storing cryptocurrencies.
Device Security – PIN and passphrase enabled. – Secure Element protected (Certified Chip EAL6+). – Open-source and transparent. PIN and passphrase enabled. – Open-source and transparent. – PIN and passphrase enabled. – No Secure Element. – Open-source and transparent.
Supported Coins 8,000+ 8000+ 8000+
Backup & Recovery Standard & Shamir Backup options. – 12-word recovery seed. Standard Backup (12-24 word seed) or Shamir Backup (BIP39). 24-word recovery seed.
Authentication Two-factor authentication & FIDO2 Standard. Two-factor authentication (U2F and FIDO2). Two-factor authentication (U2F).
Display 0.96″ Monochromatic OLED, 128 x 64 pixels. 240 x 240 pixel, full-color touchscreen. 128 x 64 pixel, monochromatic OLED.
Privacy Features Coinjoin for enhanced privacy. – Coin control. – Tor support for identity protection. Coinjoin. – Coin control. – Tor. Coinjoin. – Coin control. – Tor.
Size & Weight 59x32x7.4 mm / 14 g 64x39x10 mm / 16 g 60x30x6 mm / 12 g
Operating Temperature 20°C to +60°C / -4°F to +140°F 10°C to +60°C / 14°F to +140°F 20°C to +60°C / -4°F to +140°F
CPU 180MHz embedded ARM processor (Cortex M4). 168MHz embedded ARM processor (Cortex M4). 120MHz embedded ARM processor.
Material Durable PMMA plastic with hidden-tilt effect, tamper-evident casing, anodized aluminum backplates, precise buttons, and intricate laser engraving. High-quality plastic with a metal casing. Plastic casing.
Price US$79 (Affordable) – Pre-order (Now Shipping). US$153 $219

(Black Friday Sale. Up to 40% off!)

US$48 $69

(Black Friday Sale. Up to 40% off!)
Included Accessories USB-C cable, 2x Recovery seed card, Start-up guide, Trezor stickers. USB-C cable, Getting Started booklet, recovery seed card. USB cable, Lanyard, Keychain, User manual.
Safety & Certifications CE and RoHS certified, X-ray safe, suitable for air travel. CE and RoHS certified, X-ray safe, suitable for air travel. CE and RoHS certified, X-ray safe, suitable for air travel.

From this comparison, you can clearly see that the Trezor Safe 3 offers robust security, extensive coin support, and advanced privacy features at an attractive price point. While all three models have their merits, the Trezor Safe 3 appears to be an exciting addition for those seeking top-notch security for their digital assets. So, whether you’re upgrading from an older Trezor model or considering your first hardware wallet, Trezor Safe 3 is a contender worth exploring.

Read also!  Trezor Model T vs Trezor Safe 3


Take Away

To sum it up, Trezor Safe 3 is a powerful combination of security, affordability, and style. With its Secure Element protection, support for an impressive array of 8,000 coins, and a sleek design, it’s a formidable contender in the world of hardware wallets.

The option for Standard and Shamir Backup, along with advanced privacy features, makes it a comprehensive solution for cryptocurrency enthusiasts.

So, if you’re serious about your crypto investments, Trezor Safe 3 is your partner in crime, but, well, the legal kind of crime – protecting your wealth from all the digital bandits out there.


FAQs

  • What is Trezor Safe 3?

Trezor Safe 3 is the latest hardware wallet from Trezor, designed to provide maximum security for safeguarding your digital assets.

  • Which cryptocurrencies are supported by Trezor Safe 3?

This wallet supports a wide range of cryptocurrencies including Bitcoin, Ethereum, and Solana, with compatibility for up to 8,000 different coins.

  • What privacy features does Trezor Safe 3 offer?

Trezor Safe 3 provides privacy features such as coinjoin for going incognito, coin control for increased privacy, and the use of Tor to protect your identity during transactions.

  • How do I recover my wallet with Trezor Safe 3?

In case of a wallet recovery, you can use the 12-word recovery seed. This allows you to access your wallet in the event of loss or damage.

  • Is Trezor Safe 3 durable for everyday use?

Yes, Trezor Safe 3 is designed with durability in mind. It features a tamper-evident casing, anodized aluminum backplates, and precise buttons. The wallet is built to withstand everyday wear and tear.

  • What is the price of Trezor Safe 3?

Trezor Safe 3 is an affordable option, priced at $79. It’s available for pre-order and now shipping.

  • Is Trezor Safe 3 Worth the Investment?

The big question is whether Trezor Safe 3 is worth your investment. We’ll weigh its pros and cons, the real-world experiences of users, and expert opinions to provide you with a well-rounded answer to this important question.

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