Trezor Introduces New Products to Make Self-Custody More Accessible
Trezor, the company behind the world’s first Bitcoin hardware wallet, has announced the launch of three new products to aid diverse crowds entering the crypto space. These releases coincide with the 10th anniversary of Trezor’s introduction of the first Bitcoin hardware wallet, highlighting its commitment to making self-custody more accessible.
The New Product Lineup
The new product lineup includes:
- Trezor Safe 3: An easy-to-use, secure hardware wallet available in four distinct colors.
- Trezor Keep Metal: Features a robust recovery seed backup solution.
- Trezor Safe 3 Bitcoin only: A limited edition Bitcoin-only model tailored exclusively to the original flagship cryptocurrency.
Trezor Safe 3 Hardware Wallet
The Trezor Safe 3 hardware wallet is designed to cater to the diverse needs of crypto users. It features a secure element, a tamper-resistant hardware component that enhances security, especially in case of device loss. Combined with a strong passphrase not stored in the device, it provides ultimate protection for users’ crypto holdings.
The device seamlessly integrates with the Trezor Suite desktop application, offering an all-in-one solution for managing digital assets, including buying, selling, exchanging, and saving crypto. It supports a wide range of cryptocurrencies and is priced at €79 / $79.
Trezor Keep Metal Recovery Seed Backup Solution
The Trezor Keep Metal addresses the crucial aspect of safeguarding the recovery seed. It offers protection against fire, water, corrosion, and impacts, making it a reliable and durable solution for backing up recovery seeds. The product is suitable for 12-word and 24-word standard backups and also supports Shamir backup. Prices start at €99 / $99.
Increasing Importance of Self Custody
Last year’s FTX collapse led to a surge in demand for self-custody solutions, as consumers sought to safeguard their digital assets. Trezor and Ledger, another hardware wallet provider, experienced significant sales during this period.
Trezor CEO Matěj Žák emphasized the growing importance of self-custody, especially as the number of crypto owners continues to rise. He highlighted the risks associated with centralized exchanges and stressed the importance of owning and safeguarding one’s crypto assets.
Hot Take: Making Self-Custody Accessible
Trezor’s launch of new products aims to make self-custody more accessible to a diverse range of crypto users. With the introduction of the Trezor Safe 3 hardware wallet and Trezor Keep Metal recovery seed backup solution, individuals can enhance the security and protection of their digital assets. As the demand for self-custody solutions grows, it becomes increasingly important for individuals to take ownership of their crypto assets and mitigate the risks associated with centralized exchanges. Trezor’s innovative products provide user-friendly options for managing cryptocurrencies and offer peace of mind in an evolving crypto landscape.
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