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Trezor Model One

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Trust Wallet

Review
CompareTrezor Model One vs Trust Wallet

Trezor Model One vs Trust Wallet

Trezor Model One

Trezor

Trezor Model One

4.1| Hardware
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vs
Trust Wallet

Binance

Trust Wallet

4.1| Software

At a Glance

How each wallet scores across key dimensions. Each axis is rated out of 5.

Ratings & Specs

4.1
Overall Rating
4.1
4.2 / 5
Security Rating
4.1 / 5
Hardware
Wallet Type
Software
Supports Bitcoin, Ethereum, and thousands of ERC-20 tokens (does not support Solana, Cardano, XRP, or Monero).
Assets Supported
Over 10 million assets across 100+ blockchains, including Bitcoin, Ethereum, Solana, and all EVM-compatible chains

Highlighted cell = stronger result on that metric.

Key Security Features

Trezor Model One

  • PIN protection with scrambled matrix
  • BIP-39 Passphrase support for hidden wallets
  • 100% Open-source hardware and firmware
  • Physical two-button transaction verification
  • Deterministic key generation (BIP-32/39/44)

Trust Wallet

  • Local key storage (Non-custodial)
  • Biometric authentication (FaceID/TouchID)
  • PIN code protection
  • Encrypted Cloud Backup options
  • Real-time security scanner for risky transactions

Pros & Cons

Trezor Model One

Pros

  • Affordable entry-level price point
  • 100% open-source firmware and hardware architecture
  • Over 10 years of proven real-world security track record
  • Seamless integration with Trezor Suite desktop and web app
  • Physical two-button confirmation prevents unauthorized transactions

Cons

  • Uses outdated Micro-USB connector instead of USB-C
  • No Secure Element chip (passphrase strongly required against physical attacks)
  • Missing native support for major blockchains like Solana, Cardano, and XRP
  • Scrambled on-screen PIN entry is less convenient than touchscreen models
  • Trezor Safe 3 offers vastly superior hardware for only $10 more

Trust Wallet

Pros

  • Supports a massive range of over 10 million assets and 100+ blockchains
  • User-friendly interface ideal for both beginners and experienced traders
  • Built-in staking and token swapping capabilities
  • Seamless access to decentralized applications (dApps) via integrated browser or WalletConnect
  • Non-custodial architecture ensures users retain full control of their private keys

Cons

  • As a hot wallet, it is inherently less secure than cold storage hardware wallets
  • The in-app dApp browser is unavailable on the iOS version due to Apple guidelines
  • Customer support channels can be overwhelmed due to the massive user base
  • Limited advanced charting tools for professional trading within the app

Best overall rating

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