In brief<\/h4>\n\n- The Trezor Safe 3 is the latest hardware wallet from Trezor.<\/li>\n
- It’s aimed at \u201cnew entrants\u201d to the crypto space.<\/li>\n
- It’s the first Trezor hardware wallet to feature a secure element.<\/li>\n<\/ul>\n<\/div>\n
A long-established name in the crypto space, Trezor’s line of hardware wallets<\/a><\/span> has provided users with a reliable, if unshowy, means of self-custodying their Bitcoin<\/a><\/span> and other crypto assets.<\/p>\nNow it’s branching out, with the Trezor Safe 3\u2014a hardware wallet that’s explicitly courting newcomers with its slick design language and user-friendly UX.<\/p>\n
Will it be enough to win the wallet wars?<\/p>\n
What is the Trezor Safe 3?<\/h2>\n
The latest addition to the firm\u2019s line of cryptocurrency hardware wallets, the Trezor Safe 3 is aimed at<\/a> \u201cnew entrants\u201d to the crypto space, according to its CEO Mat\u011bj \u017d\u00e1k.<\/p>\nThe idea is to provide a simple, secure solution for crypto holders to self-custody their assets\u2014taking their crypto out of the hands of centralized exchanges, which have proved vulnerable to both hacks<\/a> and alleged corporate malfeasance<\/a>, putting user funds at risk.<\/p>\nJust 2% of the world\u2019s 420 million crypto users self-custody, \u017d\u00e1k told Decrypt<\/i>, so there\u2019s definitely an opportunity\u2014but is this latest iteration of Trezor\u2019s hardware wallet enough to win them over?<\/p>\nTrezor Safe 3: Design and Build<\/h2>\n![\"Trezor](\"https:\/\/img.decrypt.co\/insecure\/rs:fit:1536:0:0:0\/plain\/https:\/\/cdn.decrypt.co\/wp-content\/uploads\/2023\/10\/trezor-safe-3-02.jpg@webp\")
<\/span>The Trezor Safe 3 comes in four colors. Image: Decrypt<\/figcaption><\/figure>\nThe first wave of crypto hardware wallets were clunky, functional affairs, designed for die-hard early adopters who were prepared to overlook aesthetics and streamlined UX for the benefits of self-custody.<\/p>\n
To broaden their appeal, wallet manufacturers like Trezor have taken design cues from mainstream consumer electronics (rival Ledger even enlisted<\/a> the designer of Apple\u2019s iPod for its forthcoming Stax<\/a> device).<\/p>\nWhile the Trezor Safe 3 follows the design cues of its stablemates, with a familiar shield-shaped design, screen, and button layout, the materials have had an upgrade.<\/p>\n
The device sports a brushed aluminum back with the company’s logo, in a variety of colorways that hark back to smartphones: silver, gold, rose gold, and \u201ccosmos black.\u201d<\/p>\n
That aluminum finish isn\u2019t quite as polished as the smartphones it mimics, though.<\/p>\n
The review units sent to Decrypt<\/i> were cut slightly roughly around the edges where they meet the plastic surround. The surround itself had a somewhat rough finish, too; all six of the supplied review units had what seemed to be flash marks or glue overspills that were noticeable when running a finger around the edge of the unit.<\/p>\n
It\u2019s a shame, as it lets down the premium consumer electronics feel that the company\u2019s aiming for (Trezor has since clarified that the review units supplied to Decrypt<\/i> were pre-production models, and that the finish on the final production models should be smoother).<\/p>\n![\"Trezor](\"image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\")
![\"Trezor](\"https:\/\/img.decrypt.co\/insecure\/rs:fit:1536:0:0:0\/plain\/https:\/\/cdn.decrypt.co\/wp-content\/uploads\/2023\/10\/trezor-safe-3-ledger-nano-s-plus.jpg@webp\")
<\/span>Trezor Safe 3 and Ledger Nano S Plus. Image: Decrypt<\/figcaption><\/figure>\nAt 14g, it\u2019s slightly less hefty in the hand than its nearest rival, the 21g Ledger Nano S Plus<\/a>. The buttons have a satisfyingly clicky feel, too; more emphatic than those of the Ledger, while their placement next to each other means that you can depress both buttons with a single thumb click.<\/p>\nThe Safe 3\u2019s display is a simple monochrome affair, unlike the whizzy touchscreen on Trezor\u2019s top-of-the-line Model T wallet. At 128 x 64 pixels, its screen resolution is identical to Ledger\u2019s rival wallet\u2014though slightly dimmer, when seen side by side.<\/p>\n
Within Trezor Suite there\u2019s an option to set a background wallpaper, though on the device\u2019s tiny screen, the graphics aren\u2019t much to look at.<\/p>\n
<\/p>\nStay on top of crypto news, get daily updates in your inbox.<\/h3>\n<\/div>\nTrezor Safe 3: What\u2019s in the box?<\/h2>\n
Building on its consumer-friendly credentials, the Trezor Safe 3 comes packaged in a minimalist box in eco-friendly recycled packaging.<\/p>\n
Tear off the shrink wrap and cardboard seal (the first line of crypto security) and a flap opens to reveal the contents: the Safe 3 itself, a USB-C cable, and a cardboard sleeve containing a quick start guide, two sheets for recording your recovery seed, and a collection of stickers if you want to advertise your crypto holdings to all and sundry.<\/p>\n![\"Trezor](\"https:\/\/img.decrypt.co\/insecure\/rs:fit:1536:0:0:0\/plain\/https:\/\/cdn.decrypt.co\/wp-content\/uploads\/2023\/10\/IMG_4981-scaled.jpg@webp\")
<\/span>Trezor Safe 3 box contents. Image: Decrypt<\/figcaption><\/figure>\nThe device itself sports a tamper-proof holographic security seal, to indicate that the device hasn\u2019t been handled since it went into the box in the Trezor factory.<\/p>\n
The overall impression is one of a quality mass-market consumer electronics device, akin to something from Samsung or Amazon.<\/p>\n
Trezor Safe 3: Getting started<\/h2>\n
First things first, you\u2019ll need to remove that holographic seal to reveal the Safe 3\u2019s USB-C port. Next, you\u2019ll need to plug it into your PC or Mac with the supplied USB-C cable (which, as ever, is too short\u2014designed with laptop users in mind, rather than your reviewer\u2019s desktop PC).<\/p>\n![\"Trezor](\"https:\/\/img.decrypt.co\/insecure\/rs:fit:1536:0:0:0\/plain\/https:\/\/cdn.decrypt.co\/wp-content\/uploads\/2023\/10\/trezor-suite-04.jpg@webp\")
<\/span>Trezor Suite. Image: Trezor<\/figcaption><\/figure>\nUpon plugging the Safe 3 in, you\u2019re immediately greeted with an in-browser popup telling you to \u201cgo to trezor.io to connect\u201d\u2014a nice touch. Upon heading to https:\/\/trezor.io\/start<\/a>, you\u2019re prompted to download the Trezor Suite management software to set up the device.<\/p>\nUpon installing Trezor Suite, you\u2019ll be invited to update the Safe 3\u2019s firmware, before a check is performed to determine whether you have a legitimate Trezor device. A short tutorial follows to educate you on how the Trezor\u2019s two-button user interface works.<\/p>\n
Next up, you\u2019ll create a new wallet (or backup from a recovery seed)\u2014you have the choice of a standard 12-word wallet or a more complex, but secure, Shamir backup, which creates several lists of words that have to be combined to recover the wallet.<\/p>\n
Curiously, upon creating a new wallet you\u2019re given the option of skipping the backup phase entirely.<\/p>\n
While using your wallet without creating a backup will cause Trezor Suite to light up like a Christmas tree with warning messages, it\u2019s curious that the option is even there; Ledger\u2019s setup process forces<\/i> you to check words from your seed phrase in order to proceed.<\/p>\n![\"Trezor](\"https:\/\/img.decrypt.co\/insecure\/rs:fit:1536:0:0:0\/plain\/https:\/\/cdn.decrypt.co\/wp-content\/uploads\/2023\/10\/trezor-suite-06.jpg@webp\")
<\/span>Trezor Suite. Image: Trezor<\/figcaption><\/figure>\nAssuming sense and reason haven\u2019t deserted you, the next thing you\u2019ll do is create your backup. This involves taking note of your 12-word seed phrase on your Safe 3, and then checking a selection of words off to ensure you\u2019ve recorded it correctly. Trezor Suite helpfully warns you not to take a photo of your backup, create a digital copy of it, or share it with anyone.<\/p>\n
Next up, you\u2019ll activate a selection of coins to show in Trezor Suite, before proceeding to the app proper.<\/p>\n
Trezor Safe 3: Trezor Suite<\/h2>\n
Trezor Suite, a desktop app for Windows and Mac, is where the majority of the action happens; you\u2019ll need to connect your Trezor with the supplied USB-C cable to access your holdings.<\/p>\n![\"Trezor](\"https:\/\/img.decrypt.co\/insecure\/rs:fit:1536:0:0:0\/plain\/https:\/\/cdn.decrypt.co\/wp-content\/uploads\/2023\/10\/trezor-suite-09.jpg@webp\")
<\/span>Trezor Suite. Image: Trezor<\/figcaption><\/figure>\nThe app is slickly designed, and intuitive. Once you\u2019ve connected and unlocked your Safe 3, a dashboard shows your portfolio, supported assets, and a checklist of security features, including whether you\u2019ve created a backup, PIN, and passphrase. A \u201cDiscreet mode\u201d blurs balances and transactions from prying eyes, revealing them only on mouseover.<\/p>\n
You can buy Bitcoin<\/a><\/span>, Ethereum<\/a><\/span> and other assets directly from the dashboard, with Trezor serving up a list of offers from different providers, listing fees, payment method and exactly how many sats you\u2019ll be stacking with each option.<\/p>\nAn accounts tab shows your crypto accounts in more detail; it\u2019s here that you\u2019ll send and receive crypto.<\/p>\n
Click \u201csend\u201d and a window pops up with address and amount details, which you\u2019ll need to cross-reference on the Trezor device before signing the transaction. To receive crypto, you\u2019ll reveal your wallet address and a QR code\u2014which, again, you\u2019ll check against that displayed on your Trezor device.<\/p>\n![\"Trezor](\"https:\/\/img.decrypt.co\/insecure\/rs:fit:1536:0:0:0\/plain\/https:\/\/cdn.decrypt.co\/wp-content\/uploads\/2023\/10\/trezor-suite-12.jpg@webp\")
<\/span>Trezor Suite’s “discreet mode” blurs balances and transactions. Image: Trezor<\/figcaption><\/figure>\nA Trade button takes you to a screen where you can buy, sell, or swap your crypto\u2014or even spend it using Bitrefill, which lets you purchase a selection of gift cards and phone refills.<\/p>\n
There\u2019s also an associated mobile app, Trezor Suite Lite, which lets you view account balances and receive crypto, after you\u2019ve scanned your public key or received the address QR code in the main app.<\/p>\n
Wallet features and assets<\/h2>\n
One of Trezor\u2019s key USPs is the additional privacy features baked into Trezor Suite. The app includes native support for Tor, which relays your connection through a network of distributed servers for greater anonymity.<\/p>\n
Trezor Suite also supports Coinjoin<\/a> for Bitcoin transactions. The privacy-enhancing technique enables multiple users to pool their Bitcoin inputs into a single transaction, and receive the same amount of Bitcoin output but with a different address.<\/p>\nThe end result is that it\u2019s more difficult to trace individual transactions back to their original sources, adding a much-needed layer of privacy to Bitcoin transactions.<\/p>\n
The Trezor Safe 3 supports several hundred crypto assets, including Bitcoin<\/a><\/span>, XRP<\/a><\/span>, BNB<\/a><\/span>, Litecoin<\/a><\/span>, and Ethereum<\/a><\/span> and ERC-20 tokens<\/span><\/a>.<\/p>\nThere are one or two omissions, though; if you want to interact with Cosmos<\/a><\/span> tokens, for instance, you\u2019ll have to look elsewhere.<\/p>\n![\"Trezor](\"https:\/\/img.decrypt.co\/insecure\/rs:fit:1536:0:0:0\/plain\/https:\/\/cdn.decrypt.co\/wp-content\/uploads\/2023\/10\/IMG_4993-scaled.jpg@webp\")
<\/span>A limited-edition Bitcoin-only Trezor Safe 3 is available. Image: Decrypt<\/figcaption><\/figure>\nA \u201cBitcoin-only\u201d limited edition Trezor Safe 3 is also available, with variant packaging and a unique Bitcoin Orange finish (though technically speaking it\u2019s possible to make any<\/i> Safe 3 \u201cBitcoin-only\u201d by changing the firmware in Trezor Suite).<\/p>\n
As well as Trezor Suite, the Trezor Safe 3 can also be used with third-party software wallets including MetaMask, MyEtherWallet, MyCrypto, and Ronin.<\/p>\n
Wallet security<\/h2>\n
Unlike other Trezor hardware wallets, the Safe 3 includes a secure element<\/a>, an isolated chip that stores a secret that can decrypt the device\u2019s recovery seed. The Safe 3\u2019s secure element is CC EAL 6+ certified, compared to the EAL 5+ certification found on its nearest rival, the Ledger Nano S Plus.<\/p>\nIncorporating a secure element is a big change for Trezor, which has previously relied entirely on open-source hardware (unlike rival hardware wallet manufacturers), and the company is at pains to stress that the secure element doesn\u2019t have access to your PIN or recovery seed itself.<\/p>\n![\"Trezor](\"https:\/\/img.decrypt.co\/insecure\/rs:fit:1536:0:0:0\/plain\/https:\/\/cdn.decrypt.co\/wp-content\/uploads\/2023\/10\/IMG_4991-scaled-e1698078566595.jpg@webp\")
<\/span>The complete Trezor Safe 3 lineup. Image: Decrypt<\/figcaption><\/figure>\nFurthermore, Trezor notes that its code remains open source, enabling the community of users to verify the integrity of its code and stress test it. And, it states, it has sourced its secure element chips from a producer that doesn\u2019t prevent it from disclosing potential vulnerabilities.<\/p>\n
Upon first launching Trezor Suite, the software performs an integrity check on your Safe 3, to verify that it\u2019s genuine Trezor hardware, while a \u201csafety check\u201d feature (which can be disabled) prevents the device from performing non-standard transactions, such as mismatching keys or enabling extreme fees.<\/p>\n
One oddity, as mentioned above, is that the Trezor will let you set up and use the device without recording your backup recovery phrase. Although it flashes up warning messages until you record and verify your backup, in a device aimed at crypto newcomers it feels like this step should be mandatory, not an option.<\/p>\n
Trezor Safe 3: Verdict<\/h2>\n
The Trezor Safe 3 is a slick, well-designed piece of kit that almost (but not quite) matches the design and build standards of consumer electronics hardware like smartphones and tablets.<\/p>\n
With an interface that\u2019s about as user-friendly as hardware wallets can get, it\u2019s a cost-effective way to self-custody for crypto newcomers and veterans alike\u2014although it doesn\u2019t offer access to quite as many tokens as its nearest rival, the Ledger Nano S Plus.<\/p>\n
Compared to the Ledger, the Safe 3\u2019s higher level of security certification, as well as its additional privacy features, make for a compelling case\u2014though security purists may prefer to eschew the single point of failure that a secure element represents, and take their chances with the Model T<\/a> and Model One<\/a>\u2019s entirely open source hardware.<\/p>\n
A long-established name in the crypto space, Trezor’s line of hardware wallets<\/a><\/span> has provided users with a reliable, if unshowy, means of self-custodying their Bitcoin<\/a><\/span> and other crypto assets.<\/p>\n Now it’s branching out, with the Trezor Safe 3\u2014a hardware wallet that’s explicitly courting newcomers with its slick design language and user-friendly UX.<\/p>\n Will it be enough to win the wallet wars?<\/p>\n The latest addition to the firm\u2019s line of cryptocurrency hardware wallets, the Trezor Safe 3 is aimed at<\/a> \u201cnew entrants\u201d to the crypto space, according to its CEO Mat\u011bj \u017d\u00e1k.<\/p>\n The idea is to provide a simple, secure solution for crypto holders to self-custody their assets\u2014taking their crypto out of the hands of centralized exchanges, which have proved vulnerable to both hacks<\/a> and alleged corporate malfeasance<\/a>, putting user funds at risk.<\/p>\n Just 2% of the world\u2019s 420 million crypto users self-custody, \u017d\u00e1k told Decrypt<\/i>, so there\u2019s definitely an opportunity\u2014but is this latest iteration of Trezor\u2019s hardware wallet enough to win them over?<\/p>\n The first wave of crypto hardware wallets were clunky, functional affairs, designed for die-hard early adopters who were prepared to overlook aesthetics and streamlined UX for the benefits of self-custody.<\/p>\n To broaden their appeal, wallet manufacturers like Trezor have taken design cues from mainstream consumer electronics (rival Ledger even enlisted<\/a> the designer of Apple\u2019s iPod for its forthcoming Stax<\/a> device).<\/p>\n While the Trezor Safe 3 follows the design cues of its stablemates, with a familiar shield-shaped design, screen, and button layout, the materials have had an upgrade.<\/p>\n The device sports a brushed aluminum back with the company’s logo, in a variety of colorways that hark back to smartphones: silver, gold, rose gold, and \u201ccosmos black.\u201d<\/p>\n That aluminum finish isn\u2019t quite as polished as the smartphones it mimics, though.<\/p>\n The review units sent to Decrypt<\/i> were cut slightly roughly around the edges where they meet the plastic surround. The surround itself had a somewhat rough finish, too; all six of the supplied review units had what seemed to be flash marks or glue overspills that were noticeable when running a finger around the edge of the unit.<\/p>\n It\u2019s a shame, as it lets down the premium consumer electronics feel that the company\u2019s aiming for (Trezor has since clarified that the review units supplied to Decrypt<\/i> were pre-production models, and that the finish on the final production models should be smoother).<\/p>\n At 14g, it\u2019s slightly less hefty in the hand than its nearest rival, the 21g Ledger Nano S Plus<\/a>. The buttons have a satisfyingly clicky feel, too; more emphatic than those of the Ledger, while their placement next to each other means that you can depress both buttons with a single thumb click.<\/p>\n The Safe 3\u2019s display is a simple monochrome affair, unlike the whizzy touchscreen on Trezor\u2019s top-of-the-line Model T wallet. At 128 x 64 pixels, its screen resolution is identical to Ledger\u2019s rival wallet\u2014though slightly dimmer, when seen side by side.<\/p>\n Within Trezor Suite there\u2019s an option to set a background wallpaper, though on the device\u2019s tiny screen, the graphics aren\u2019t much to look at.<\/p>\n Building on its consumer-friendly credentials, the Trezor Safe 3 comes packaged in a minimalist box in eco-friendly recycled packaging.<\/p>\n Tear off the shrink wrap and cardboard seal (the first line of crypto security) and a flap opens to reveal the contents: the Safe 3 itself, a USB-C cable, and a cardboard sleeve containing a quick start guide, two sheets for recording your recovery seed, and a collection of stickers if you want to advertise your crypto holdings to all and sundry.<\/p>\n The device itself sports a tamper-proof holographic security seal, to indicate that the device hasn\u2019t been handled since it went into the box in the Trezor factory.<\/p>\n The overall impression is one of a quality mass-market consumer electronics device, akin to something from Samsung or Amazon.<\/p>\n First things first, you\u2019ll need to remove that holographic seal to reveal the Safe 3\u2019s USB-C port. Next, you\u2019ll need to plug it into your PC or Mac with the supplied USB-C cable (which, as ever, is too short\u2014designed with laptop users in mind, rather than your reviewer\u2019s desktop PC).<\/p>\n Upon plugging the Safe 3 in, you\u2019re immediately greeted with an in-browser popup telling you to \u201cgo to trezor.io to connect\u201d\u2014a nice touch. Upon heading to https:\/\/trezor.io\/start<\/a>, you\u2019re prompted to download the Trezor Suite management software to set up the device.<\/p>\n Upon installing Trezor Suite, you\u2019ll be invited to update the Safe 3\u2019s firmware, before a check is performed to determine whether you have a legitimate Trezor device. A short tutorial follows to educate you on how the Trezor\u2019s two-button user interface works.<\/p>\n Next up, you\u2019ll create a new wallet (or backup from a recovery seed)\u2014you have the choice of a standard 12-word wallet or a more complex, but secure, Shamir backup, which creates several lists of words that have to be combined to recover the wallet.<\/p>\n Curiously, upon creating a new wallet you\u2019re given the option of skipping the backup phase entirely.<\/p>\n While using your wallet without creating a backup will cause Trezor Suite to light up like a Christmas tree with warning messages, it\u2019s curious that the option is even there; Ledger\u2019s setup process forces<\/i> you to check words from your seed phrase in order to proceed.<\/p>\n Assuming sense and reason haven\u2019t deserted you, the next thing you\u2019ll do is create your backup. This involves taking note of your 12-word seed phrase on your Safe 3, and then checking a selection of words off to ensure you\u2019ve recorded it correctly. Trezor Suite helpfully warns you not to take a photo of your backup, create a digital copy of it, or share it with anyone.<\/p>\n Next up, you\u2019ll activate a selection of coins to show in Trezor Suite, before proceeding to the app proper.<\/p>\n Trezor Suite, a desktop app for Windows and Mac, is where the majority of the action happens; you\u2019ll need to connect your Trezor with the supplied USB-C cable to access your holdings.<\/p>\n The app is slickly designed, and intuitive. Once you\u2019ve connected and unlocked your Safe 3, a dashboard shows your portfolio, supported assets, and a checklist of security features, including whether you\u2019ve created a backup, PIN, and passphrase. A \u201cDiscreet mode\u201d blurs balances and transactions from prying eyes, revealing them only on mouseover.<\/p>\n You can buy Bitcoin<\/a><\/span>, Ethereum<\/a><\/span> and other assets directly from the dashboard, with Trezor serving up a list of offers from different providers, listing fees, payment method and exactly how many sats you\u2019ll be stacking with each option.<\/p>\n An accounts tab shows your crypto accounts in more detail; it\u2019s here that you\u2019ll send and receive crypto.<\/p>\n Click \u201csend\u201d and a window pops up with address and amount details, which you\u2019ll need to cross-reference on the Trezor device before signing the transaction. To receive crypto, you\u2019ll reveal your wallet address and a QR code\u2014which, again, you\u2019ll check against that displayed on your Trezor device.<\/p>\n A Trade button takes you to a screen where you can buy, sell, or swap your crypto\u2014or even spend it using Bitrefill, which lets you purchase a selection of gift cards and phone refills.<\/p>\n There\u2019s also an associated mobile app, Trezor Suite Lite, which lets you view account balances and receive crypto, after you\u2019ve scanned your public key or received the address QR code in the main app.<\/p>\n One of Trezor\u2019s key USPs is the additional privacy features baked into Trezor Suite. The app includes native support for Tor, which relays your connection through a network of distributed servers for greater anonymity.<\/p>\n Trezor Suite also supports Coinjoin<\/a> for Bitcoin transactions. The privacy-enhancing technique enables multiple users to pool their Bitcoin inputs into a single transaction, and receive the same amount of Bitcoin output but with a different address.<\/p>\n The end result is that it\u2019s more difficult to trace individual transactions back to their original sources, adding a much-needed layer of privacy to Bitcoin transactions.<\/p>\n The Trezor Safe 3 supports several hundred crypto assets, including Bitcoin<\/a><\/span>, XRP<\/a><\/span>, BNB<\/a><\/span>, Litecoin<\/a><\/span>, and Ethereum<\/a><\/span> and ERC-20 tokens<\/span><\/a>.<\/p>\n There are one or two omissions, though; if you want to interact with Cosmos<\/a><\/span> tokens, for instance, you\u2019ll have to look elsewhere.<\/p>\n A \u201cBitcoin-only\u201d limited edition Trezor Safe 3 is also available, with variant packaging and a unique Bitcoin Orange finish (though technically speaking it\u2019s possible to make any<\/i> Safe 3 \u201cBitcoin-only\u201d by changing the firmware in Trezor Suite).<\/p>\n As well as Trezor Suite, the Trezor Safe 3 can also be used with third-party software wallets including MetaMask, MyEtherWallet, MyCrypto, and Ronin.<\/p>\n Unlike other Trezor hardware wallets, the Safe 3 includes a secure element<\/a>, an isolated chip that stores a secret that can decrypt the device\u2019s recovery seed. The Safe 3\u2019s secure element is CC EAL 6+ certified, compared to the EAL 5+ certification found on its nearest rival, the Ledger Nano S Plus.<\/p>\n Incorporating a secure element is a big change for Trezor, which has previously relied entirely on open-source hardware (unlike rival hardware wallet manufacturers), and the company is at pains to stress that the secure element doesn\u2019t have access to your PIN or recovery seed itself.<\/p>\n Furthermore, Trezor notes that its code remains open source, enabling the community of users to verify the integrity of its code and stress test it. And, it states, it has sourced its secure element chips from a producer that doesn\u2019t prevent it from disclosing potential vulnerabilities.<\/p>\n Upon first launching Trezor Suite, the software performs an integrity check on your Safe 3, to verify that it\u2019s genuine Trezor hardware, while a \u201csafety check\u201d feature (which can be disabled) prevents the device from performing non-standard transactions, such as mismatching keys or enabling extreme fees.<\/p>\n One oddity, as mentioned above, is that the Trezor will let you set up and use the device without recording your backup recovery phrase. Although it flashes up warning messages until you record and verify your backup, in a device aimed at crypto newcomers it feels like this step should be mandatory, not an option.<\/p>\n The Trezor Safe 3 is a slick, well-designed piece of kit that almost (but not quite) matches the design and build standards of consumer electronics hardware like smartphones and tablets.<\/p>\n With an interface that\u2019s about as user-friendly as hardware wallets can get, it\u2019s a cost-effective way to self-custody for crypto newcomers and veterans alike\u2014although it doesn\u2019t offer access to quite as many tokens as its nearest rival, the Ledger Nano S Plus.<\/p>\n Compared to the Ledger, the Safe 3\u2019s higher level of security certification, as well as its additional privacy features, make for a compelling case\u2014though security purists may prefer to eschew the single point of failure that a secure element represents, and take their chances with the Model T<\/a> and Model One<\/a>\u2019s entirely open source hardware.<\/p>\nWhat is the Trezor Safe 3?<\/h2>\n
Trezor Safe 3: Design and Build<\/h2>\n
<\/span><\/span>Stay on top of crypto news, get daily updates in your inbox.<\/h3>\n<\/div>\n
Trezor Safe 3: What\u2019s in the box?<\/h2>\n
<\/span>Trezor Safe 3: Getting started<\/h2>\n
<\/span><\/span>Trezor Safe 3: Trezor Suite<\/h2>\n
<\/span><\/span>Wallet features and assets<\/h2>\n
<\/span>Wallet security<\/h2>\n
<\/span>Trezor Safe 3: Verdict<\/h2>\n