Trezor launches new hardware wallet ‘Safe 5’ with Bitcoin-only variant

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A trio of new Trezor products

Matěj Žák, CEO of Trezor, emphasized the importance of security and user education, saying: “It is understandable that many crypto enthusiasts do not trust exchanges and are looking for an easy and secure way to interact with their crypto assets. However, since hardware wallets are often designed more for crypto hodling rather than more regular crypto usage, we saw an opportunity to bring something new to the industry: the Trezor Safe 5, the ultimate hardware wallet for cryptocurrency. users looking for everyday usability combined with the highest level of security and effortless usability.”

In addition to Safe 5, Trezor has announced a bitcoin-only variant of the hardware wallet available for pre-order, with shipping to begin in July and additional color variants planned for mid-August.

In addition to these hardware launches, the company also introduced ‘Trezor Expert’, a $99 service that offers personalized onboarding sessions to help customers set up their hardware wallets securely.

Trezor Safe 5 vs Ledger Stax comparison

Ledger, a competitor in the hardware wallet space, also launched its latest flagship wallet: the Ledger Stax.

Both Ledger and Trezor offer robust security features, with Ledger’s two-layer security system providing an additional layer of protection, while Trezor’s open-source code promotes trust and transparency, enabling community auditing for quick vulnerability fixes.

The Trezor Safe 5 and Ledger Stax represent two different approaches to improving crypto hardware wallets, with both models designed to be easy to use and secure for storing cryptocurrency. Both devices support over a thousand coins and tokens and provide seamless access to cryptocurrency exchanges.

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The Trezor Safe 5 prioritizes robust security and ease of use, with a larger color touchscreen, an improved level of security and the Shamir Backup feature. At a competitive price, it is a cheaper option and suitable for users looking for high security and usability in managing their digital assets.

On the other hand, the Ledger Stax has a higher price point of $279 and focuses on innovative design, with a curved E Ink touchscreen for longer battery life, and several connectivity options such as USB C, Bluetooth 5.2, NFC and Qi wireless charging.

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*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational materials only. Individuals are required to fully research any product before making any form of investment.



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