In commemoration of its 10th anniversary, prominent crypto hardware wallet provider Trezor has announced the release of new innovative products into the market. The three products include the Trezor wallet, a Bitcoin-only wallet, and a proprietary private key backup solution.
The Multi-coin Wallet, Trezor Safe 3
Trezor, the Czech Republic-based crypto hardware solutions provider, officially launched the Trezor Safe 3 on October 12. This unique wallet is designed to protect over 7,000 diverse crypto assets.
The firm believes this product launch represents a significant step forward in providing crypto wallets for people new to virtual currencies. Moreover, Trezor’s last wallet, the Trezor Model T, was launched in February 2018, nearly five years ago.
In addition, the Trezor Safe 3 is currently available for $79. The wallet also comes in four different colors that users can choose from.
One unique feature of this new wallet is that Trezor designed it to be an open-source system. This means the wallet provider shares the technology’s inner workings with any interested party.
Trezor also collaborated with another firm to ensure the wallet’s security is as secure as possible. The security platform would inform users immediately it detects a potential vulnerability.
Securing Users Private Keys
Trezor also released another ground-breaking product, the Trezor Keep Metal, in addition to the Trezor Safe 3. The Trezor Keep Metal is a physical tool for securely storing private keys, which are required for accessing and managing crypto assets on hardware.
Experts agree that protecting these keys takes precedence over safeguarding the hardware wallet. More importantly, users can regain access to their wallet with the Trezor Keep Metal even if the hardware is lost or access is irretrievable.
The Trezor Keep Metal can be compared to other physical backup solutions due to its robust defense mechanism against environmental threats (such as fire, water, corrosive substances, and physical impacts). Thus, users can securely recover their information regardless of the circumstances leading to the wallet’s damage.
The backup tool is designed with highly durable stainless steel and is corrosion-resistant. It also has a watertight seal, which adds an extra layer of safety to ensure the security of the stored private keys.
According to Matej Zak, the introduction of Trezor Keep Metal is a significant step in the company’s mission to make cryptocurrency more accessible on a global scale.
Trezor Expands Offerings
As one of the leading providers of cryptocurrency hardware wallets, its latest collections offer secure digital asset storage. According to the firm’s official marketplace, the Trezor Keep Metal costs $99 and allows users to protect their digital assets with 12 or 24-word standard backups for added security.
However, those seeking more excellent protection can choose the Trezor Keep Metal. It is valued at $249 and supports three 20-word Shamir backups.
This exclusive release highlights cryptocurrency’s potential to help disadvantaged and marginalized individuals access digital financial services. The firm said it would donate $21 for every sale to the Trezor Academy, its Bitcoin education initiative.
Trezor has become a global leader in hardware wallets since its inception in 2013, allowing users to securely store various crypto assets like BTC, ETH, and SOL. These launches are no surprise as the crypto hard wallet niche continues to evolve as the broader crypto market evolves.
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