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- meaning it stores your cryptocurrency private keys offline on a physical device. This offline storage significantly reduces the risk of online hacks or theft.
- Multi-Currency Support: Trezor supports a wide range of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and numerous others. It's a versatile wallet for managing various digital assets.
- User-Friendly Interface: The Trezor hardware wallet features a small screen and buttons for navigation. Its user-friendly interface makes it accessible to both beginners and experienced cryptocurrency users.
- PIN Protection: To access the wallet and confirm transactions, users must enter a PIN on the Trezor device. This adds an extra layer of security in case the device is lost or stolen.
- Seed Phrase Backup: During the setup process, Trezor generates a recovery seed phrase consisting of 12, 18, or 24 words. Users must carefully store this seed phrase because it can be used to recover their wallet in case the device is lost, damaged, or stolen.
- Secure Firmware: Trezor devices run on open-source firmware, which undergoes regular security audits. The open-source nature of the firmware allows the community to review and contribute to its development.