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- 1 Trezor, the biggest global provider of hardware crypto wallets, is all set to celebrate its 10th anniversary.
- 2 To thank the users, the platform is to launch a new crypto hardware wallet as a return gift.
The way crypto is expanding its roots in the global financial sector is commendable. However, technology is opening doors for the innovators as well as the bad actors. Technology comes up with advanced features for digital assets as well as more powerful ways to hack the systems or attempt any fraudulent act. To mitigate such unethical practices and boost the trust of users towards cryptocurrency, Trezor launched a new hardware wallet and a metal private key backup.
There are around 460 Million wallets in the crypto universe and this launch is a new addition.
Is This Wallet Safe to Use?
Trezon, one of the biggest offerings of hardware wallets, on the global level, is celebrating its 10th anniversary. The company was introduced in 2013 with the mission to offer an effective platform for users to store their digital assets in the safest way.
The firm made it easy for users to store digital assets like Bitcoin. In 2014, Tezor launched its first-ever hardware wallet called Trezor One which is still considered one of the best wallets for Bitcoin storage. Not only Bitcoin, but the wallet also supports a wide range of coins, offering the basic functionality of storing coins for the long term.
In 2023, the company is celebrating its 10th anniversary, and this time, the celebration was more memorable. Trezor is celebrating its anniversary by releasing three new self-custody products with a focus on offering entry-level devices. The new series includes a new Trezor wallet, a Bitcoin-only wallet, and a metal private key backup.
Trezor Safe 3 is the new release of Trezor, coming out nearly after five years from the firm’s treasury.
Highlighting the features, the brand-new hardware wallet supports more than 7000 cryptocurrencies and is one of the greatest milestones attained by Trezor.
The last wallet launched by Trezor was the Trezor Model T in February 2018, and the release of a new and more safer wallet, thus, came with a big relief for users. The wallet is available in four colors including Solar gold, galactic rose, stellar silver, and cosmic black, and is available at the retail price of $79.
Open-source development and third-party secure element vendors strengthened the wallet’s security. In addition to this, the firm also introduced a physical private key storage solution, helping users to restore their wallet access even if the wallet is lost or damaged.
Metal is considered to be one of the powerful pillars of Trezor, offering better backup solutions, recovery, and other features.
Another effective launch of Trezor is a Bitcoin-only wallet, featuring a limited edition run of only 2,0113 devices, supporting Bitcoin.
Conclusion
On its 10th Anniversary, Trezor is all set to surprise the users with three new launches. The platform released three products including a Trezor wallet, a Bitcoin-only wallet, and a metal private key backup. All these products are going to offer more security and accessibility to the users.
With a background in journalism, Ritika Sharma has worked with many reputed media firms focusing on general news such as politics and crime. She joined The Coin Republic as a reporter for crypto, and found a great passion for cryptocurrency, Web3, NFTs and other digital assets. She spends a lot of time researching and delving deeper into these concepts around the clock, and is a strong advocate for women in STEM.
