Trezor Model T Unboxing (Trezor Review)
Audio version:
I got lucky.
Changelly, a popular digital asset exchange, was recently holding a week-long giveaway for users who placed one or more trades on their platform. Prior to the giveaway, Changelly partnered with various cryptocurrency companies to offer prizes to lucky participants each day during the giveaway. I happened to see this on the last day when they were giving away free Trezor Model T hardware wallets.
After placing a trade, exchanging Litecoin for XRP, I then filled out a short Google form to let Changelly know to look for my specific transaction code. About 4 days later, I received an email stating that I had won a free Trezor Model T and was given a coupon code to redeem on the official Trezor website. I went ahead and ordered the device which then arrived about a week later which is not too shabby for international shipping.
The Box
I have been wanting an additional hardware wallet for a while now to safely store my crypto holdings. As you can see from the photo above, the Trezor Model T supports a variety of coins such as BTC, LTC, and ETH. It supports XRP as well, but currently uses a web interface that is in beta testing. What's neat is that it sports a touch screen to unlock the device and confirm transactions, making it extremely user-friendly.
The Inside
What's impressive is the packaging the Trezor Model T came in. You can tell that the company took time planning out the type of experience they wanted each customer to have. If you have ever opened up a new iPhone, you received a premium experience as they methodically planned out the specific size and dimensions of the box so that the bottom slowly slides out from the top. The device itself comes with a security sticker to prevent unwarranted tampering.
The Contents
After opening up the black box on the inside, I discovered the USB cable along with a couple surprises unique to the Trezor. The item to the left of the cable above is a magnet that can be stuck to any surface desired, holding your device in place. Next up, a variety of stickers, some rectangle-shaped and some square-shaped. I chose to place one of the rectangle stickers on my Lenovo laptop, directly below the keyboard.
Hook Up
Then it came time to plug the device into my laptop. All I had to do was go to their Start page and follow the instructions. Setup was extremely simple and did not require prior blockchain or crypto knowledge.
Below are some additional photos of the setup process. Again, the website walks you through each step, but this is what it will look like if you decide to get a Trezor of your own. Of course, depending on when you read this article, the user interface may have been updated to look different.
Setup Process
Main page
Welcome page
Create a wallet
Create a backup
Write recovery seed and finish
As shown above, you must install the firmware and create a new wallet that is backed up either through a recovery seed or through recovery shares known as a Shamir backup. I chose the single recovery seed backup, but may experiment with the Shamir in the future. Your Trezor is now ready to go :)
Like Trezor recommends, NEVER EVER store your recovery seed online. Instead, write it down on the supplied paper that comes with your device. It may also be a good idea to make more than one copy and place them in multiple fireproof safes in multiple locations.
Trezor Model T Review
Newcomers to the space will have no problems setting up and using the Trezor Model T. I did some testing and sent a small amount of bitcoin to the BTC account. I even connected my device to the ShapeShift platform and had no issues whatsoever.
I give the Trezor Model T a 9 out of 10.
Packaging is impressive, the quality feel of the product, the extra accessories, and the cryptocurrency security features give this product an edge over other popular hard wallets.
The tamper-proof tape left sticky residue on the device that was tough to remove. Overall, I am glad to own the product and would be happy recommending one to friends and family.
Closing Remarks
Even if I didn't win the Changelly giveaway, I still would have ended up purchasing a Trezor. You can't beat the peace of mind that comes with keeping your private keys offline and safe from possible hackers.
Hope you enjoyed the unboxing and were inspired to look into a Trezor device for your cryptocurrency storage needs. ✦
Thank you for joining in.
As always, keep your fingers on the Pulse!
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Author: Ken Melendez
✍️ Head of Content @ Cindicator
📊 Certified Bitcoin Professional
🔐 Blockchain Chamber - Chapter President
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Cindicator is a world-wide team of individuals with expertise in math, data science, quant trading, and finances, working together with one collective mind. Founded in 2015, Cindicator builds predictive analytics by merging collective intelligence and machine learning models. Stoic AI is the company’s flagship product that offers automated trading strategies for cryptocurrency investors. Join us on Telegram or Twitter to stay in touch.
Disclaimer
Information in the article does not, nor does it purport to, constitute any form of professional investment advice, recommendation, or independent analysis.