TL;DR
- Advanced Security: The Trezor Safe 5 features a larger color touchscreen, haptic feedback, and a novel secure element chip for enhanced security, supporting a wide range of cryptocurrencies and integration with Trezor Suite apps.
- Open-Source and Physical Protection: It maintains an open-source philosophy for better community-driven security and introduces a 20-word Trezor Keep Metal for physical backup protection.
- Accessibility and Support: Priced at $169, the wallet offers various editions, including a bitcoin-only version, with pre-orders and shipping starting in July. Trezor also launches Trezor Expert.
Trezor has announced the launch of its latest innovation, the Trezor Safe 5 hardware wallet, at BTC Prague 2024. This state-of-the-art device is part of a new product lineup aimed at promoting the self-custody of cryptocurrencies.
The Trezor Safe 5 is engineered to be a comprehensive solution for the secure storage, management, staking, and utilization of a vast array of cryptocurrencies. It integrates seamlessly with the Trezor Suite applications on both desktop and mobile platforms.
Introducing Trezor Safe 5, the most convenient hardware wallet to securely manage your crypto. 🤩
Pre-order now: https://t.co/1WWXAxxqSJ pic.twitter.com/Nc4GpjeGxZ
— Trezor (@Trezor) June 14, 2024
The wallet boasts a larger color touchscreen, complete with haptic feedback, and introduces a novel secure element chip that safeguards sensitive data and facilitates cryptographic operations.
Open-Source Advantage
Unlike Ledger and other competitors, Trezor stands out by embracing an open-source philosophy, which encourages a collaborative and community-driven approach to security.
This level of transparency enables swift detection and resolution of any potential weaknesses. With its EAL 6+ certified secure element, the Trezor Safe 5 demonstrates its unwavering strength against even the most advanced cyber threats.
Trezor has also refined the backup process, transitioning from a single-share backup to a multi-share system that significantly reduces the risk of a single point of failure. Utilizing Shamir’s secret sharing, the master secret key is divided into multiple unique shares, granting users the flexibility to determine the number of shares required for wallet restoration.
Physical Protection for Digital Wealth
Trezor is taking a step further to safeguard backup phrases from physical harm by introducing a 20-word version of its Trezor Keep Metal solution. This new addition highlights Trezor’s dedication to traditional and cutting-edge backup methods, guaranteeing users’ peace of mind.
Trezor CEO Matěj Žák emphasizes the company’s dedication to user trust and convenience. The Trezor Safe 5 is not just a vault for ‘hodling’ but a tool for active crypto engagement, offering unparalleled security and ease of use.
Diverse Options and Accessibility
Priced at $169, the Trezor Safe 5 comes in various editions, including a Bitcoin-only version. Pre-orders are available, with shipping set for July, while additional color options will be released by mid-August.
Following the success of the Trezor Safe 3, the new device continues Trezor’s mission to empower individuals in the crypto space, especially beginners. The unlimited edition of the Bitcoin-only Trezor Safe 3 and Trezor Safe 5 will be available for general sale, marking a departure from previous limited releases.
Personalized Onboarding with Trezor Expert
In conjunction with the hardware release, Trezor introduces Trezor Expert, a personalized onboarding service. Priced at $99, it offers expert guidance and reassurance, ensuring customers are well-equipped to manage their crypto assets securely and confidently.
Trezor’s latest offerings reflect a deep understanding of the evolving needs of the crypto community, marrying security with functionality to deliver a superior user experience.
