What is The Trezor Wallet? Part 2

3 min

Security was one of the core reasons why technology of  Blockchain Tech became appealing alongside cheap cross-border payments. Nonetheless, security is still a great concern for cryptocurrency users. Fraudsters have found ways to hack cryptocurrency platforms, stealing millions from users.

So, we’ve been exploring different security options and hardware wallets have been one of our favourites. We recently published a piece discussing the Trezor Wallet.

is one of the earliest hardware wallets. By hardware , we mean funds are stored offline without an internet connection. This makes it difficult for attackers to break in. Now, let’s answer more questions about it.

Does Trezor Wallet Support Shiba Inu?

Trezor supports several digital currencies. We’ll look at some of the supported coins pretty soon. The Trezor wallet supports all ERC-20 coins. So users can use their ETH address to receive SHIBA. And once confirmed, the crypto token will appear in their ETH account.

How Does Trezor Wallet Work?

The Trezor wallet is a hardware wallet, making it significantly safer than typical software wallets. It private on a physical device instead of on a phone or computer. In addition, the wallet is never connected to an internet server. This makes it extremely difficult for attackers to access a user’s funds.

Tresor guarantees that private data will not lost, altered, or deleted, even if it hasn’t been used for a while. Furthermore, Trezor never needs a battery; instead, it can be powered by a USB connection.

What Coins Does Trezor Wallet Support?

Trezor supports greater than 1000 coins including well known names like Bitcoin (BTC) and other less well known coins. Here are several  coins that Trezor supports:

  • EOS
  • Stellar
  • Monero
  • Bitcoin
  • Ripple
  • Tether
  • Chainlink
  • Dogecoin
  • Dash
  • Tezos
  • Ethereum (ETH) Classic
When Will Trezpr Support IOS?

Trezor not yet offer support for IOS. Nonetheless, there are no clear indications of when it would.

When Will Trezor Support Solana?

Trezor at present does not support  (SOL) On the other hand, there is a possibility that it might in future due to well known demand. Nonetheless, a Ledger hardware wallet is the option to store your Solana (SOL) crypto tokens and NFTs.

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The post What is The Trezor Wallet? Part 2 appeared 1st on Crypto Altcoin Buzz.

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