Hardware crypto wallets are particularly popular among cryptocurrency users since anyone who wishes to secure his coins uses a Ledger Nano, Trezor, or KeepKey. We also like hardware wallets like Trezor and the Ledger Nano S, although there are several options.
We choose Ledger over the other two options. Ledger is well-known for its speedy adoption and support for new digital currencies. This is not to say that Trezor device is unworthy.
Trezor is a hardware wallet that allows you to store your Bitcoins, and other crypto coins and use them safely. You can check the list of Trezor supported coins here!
What is Trezor?
Trezor was the first Bitcoin hardware wallet on the market and the first hardware wallet manufacturer to provide a passcode function on its devices.
The pass function safeguards your funds even in the event of theft or loss. They cannot access your money due to the passcode. It’s quite tough for a thief to remove your keys from your hardware wallet if they manage to get hold of it. The keys are never made available online, making them impossible to steal. It is called cold wallets for this reason.
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Other highly useful functions are included with hardware wallets. Trezor, for example, supports you in directly operating your private keys because a hardware wallet provides you with 12-word recovery seed keys that are extremely straightforward to modify.
When hard forks such as Bitcoin Cash, Bitcoin Gold, and Ethereum Classic were introduced, Trezor was quick to embrace these new digital currencies. There are numerous other advantages to using Trezor hardware device, including significant third-party integrations.
In simple terms, it is by far the safest way to keep your digital currency on hardware wallets such as Trezor, than on any desktop or mobile devices or the worst case scenario on exchanges.
You are probably wondering which digital currencies Trezor supports, so here is the list.
What cryptocurrencies do Trezor support?
We present a list of digital currencies supported by Trezor, along with a brief description of each coin. Trezor T supports more coins than the Trezor One wallet.
The coins mentioned here do not necessarily have a supporting app. However, they can be used with various interfaces. We’ve compiled a full list of wallet interfaces that Trezor supports.
Trezor T is compatible with 1631 different coins and tokens. The vast majority of them are ERC-20 tokens, however, the Trezor wallet team did an excellent job of providing support for many additional blockchains (over 30 of them).
- Bitcoin (BTC) – The world’s most famous cryptocurrency and a must-have. It is also the first and most prevalent digital currency, thus it should account for 40-50% of your whole portfolio. This post also mentions some of the best bitcoin wallets.
- Bitcoin Cash (BCH) – is a hard fork of Bitcoin that serves a distinct purpose. If you have BCH at the time of the hard fork, we recommend that you HODL (think your coin will be profitable one day, if not today). It will survive and increase in value. BCH Public Relations is attempting to imply that BHC is actually BTC, which it plainly is not.
- Litecoin (LTC) – You should have 5-10% of this coin in your portfolio because it is an enhanced replica of Bitcoin with better block timing, different proof of work, and a different supply. It appears that the objective of Litecoin is to serve as a replica for future Bitcoin implementations.
- Ethereum (ETH) – Ethereum is still a good investment option. It is recommended that you hold up to 20% of your coin portfolio in Ethereum as it strives to become the world’s number one super gigantic computer. Just be cautious with Ethereum, as its supply is always increasing.
- Ethereum Classic (ETC) – Ethereum Classic is a fork of the original Ethereum blockchain, retaining unaltered history and devoid of external meddling and subjective transaction modification.
- DASH (DASH) – A cryptocurrency worth investing in, with an improved governance structure and a stronger proof of work, backed by a fantastic team. This digital money should account for about 10-15% of your portfolio.
- Zcash (ZEC) – is a relatively unknown digital currency. With the Zerocash protocol in place for the first time, it is not recommended to hold more than 5% of your portfolio.
- Namecoin (NMC) – Namecoin is an open source experimental solution that increases the decentralization, security concerns, censorship resistance, privacy, and speed of various Internet infrastructure components such as DNS and identities. This coin is not recommended by us.
- Dogecoin (DOGE) – Cryptocurrency with the logo of the Shiba Inu dog from the “Doge” Internet craze. Dogecoin, which was introduced on December 6, 2013, as a “joke currency,” quickly developed its own online community and reached a valuation of US$60 million in January 2014; as of December 2017, it has a capitalization of US$1 billion. This coin is not recommended by us.
- ERC-20Tokens – ERC is an abbreviation for “Ethereum Request for Comments.” This is an established mechanism for suggesting Ethereum network changes. The proposal ID number is “20.”
Does Trezor support Solana?
Unfortunately, whether you use the Trezor One or the Trezor Model T device, the Phantom wallet – the greatest wallet on the Solana blockchain — is not yet compatible with Trezor hardware wallets.
While it is not impossible for Trezor models to support Solana in the future, don’t anticipate it any time soon, as many Trezor users have been urging Trezor (Satoshi Labs) to support the Solana blockchain for over a year.
If you wish to store your Solana and Solana tokens or NFTs in a hardware wallet (which we always advocate for security measures), you’ll need to purchase a Ledger hardware wallet.
If you wish to store your Solana and Solana tokens or NFTs in a hardware wallet (which we always advocate for security reasons), you’ll need to purchase a Ledger hardware wallet.
If you want something affordable, we recommend the Ledger Nano S. or the Ledger Nano X. if you want your device to have Bluetooth connectivity and a battery.
Related: Trezor Vs. Ledger Nano | Keep Your Crypto Safe With These Top Hardware Wallets
Which Wallets Work with the Trezor Hardware Wallet?
One of the best aspects of using Trezor is the ability to connect to third-party apps. These programs allow you to manage your digital currency. The best thing is that these third-party apps mimic the user interface, while your private keys stay secure on your hardware cryptocurrency wallet.
Conclusion: Trezor Supported Coins
It is strongly advised that you utilize a hardware wallet such as Trezor. Trezor wallet safeguards your digital money and even assists you in recovering them if your device is damaged or lost.
If you’ve been HODLing these coins for a long time, I strongly advise you to use Trezor and keep your cash secure there.
If you’re just getting started, you should buy these cryptocurrencies from our list of the top crypto exchanges, which we’ve handpicked for you, and then store them using Trezor.
You may get Trezor from the official website by following the link below:
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