Crypto World At Your Finger Tips! www.cryptoknowmics.com Review Of TrezorWallet; Know Its Pros And Cons www.cryptoknowmics.com Cryptocurrency is a new booming digital industry in the contemporary financial era. If you are a crypto enthusiast who loves exploring anything related to the crypto world must be knowing about Bitcoin millionaire stories including Indian Bitcoin millionaire sharing the experience of investing in Bitcoin. 2 www.cryptoknowmics.com 3 ● But it is also very essential for a crypto millionaire to know about the storing of coins in a place which seems to be safer. Well, there are many crypto wallets where storing of coins can be done. ● Among those wallets, there is a Trezor wallet. But is it that safe? To know this, let us have a review of Trezor wallet and also know its pros and cons. www.cryptoknowmics.com 4 Review Of Trezor Wallet ● Trezor wallet is the hardware wallet that helps you in sending, receiving, and safely storing your cryptocurrencies. This wallet was introduced by SatoshiLabs in the year 2014. Trezor wallet is a hardware wallet which is different from other regular software wallets in terms of safety. ● It is because private keys are not put on any desktop or mobile but rather on the physical device. One of the pros of the Trezor wallet is that you don’t have to worry about the safety of your funds, because this hardware wallet is not supportive of the internet server. In that way, there can be no possibility of hacking. www.cryptoknowmics.com Free From Any Superior Rival 4 ● It won’t be wrong to consider Bitcoin to be superior cryptocurrency. But, sometimes superiority can be challenged when there is the emergence of the competitor. Ethereum is one such competitor that too works upon blockchain technology other than Bitcoin. However, to outshone a worthy opponent like the latter crypto coin, there is a need for special featured advantages. ● Not only altcoins like Ethereum which is the closest rival of Bitcoin, but there are other players like fiat currencies. But it seems, the latter crypto coin is competent enough to give the traditional currencies a tough competition. Bitcoin has been proven to be used as a store of value in the countries that are experiencing inflation. www.cryptoknowmics.com 4 ● In comparison to software wallets, that are most prone to the hacking attack, the above-mentioned advantage makes it a better and reliable wallet. A negative review of Trezor wallet states its shortcomings in terms of accessing the digital currencies. A user might find it inconvenient to send funds every time by plugging the desktop device and entering the personal PIN. ● Now if you are tech-savvy then you must be knowing about this fact that even if there is any virus attack on the computer, then it won’t affect the mouse. Despite being connected to the internet by clicking on several websites, it still gets safe from malware attacks. ● The review of the Trezor Ethereum wallet reveals the same features. The connection of USB is limitedwww.cryptoknowmics.com in this wallet. 15 Conclusion After knowing about the review of Trezor wallet from start to end, you must have got an idea about its working and what sets it apart from other traditional software wallets. Although, it does have some shortcomings which seem irritating for the user in accessing the cryptocurrencies by plugging the desktop device and entering the PIN. Trezor wallet is much safer than a mobile or desktop wallet as it is equipped with features of security. The biggest advantage that reveals about this wallet is that even if it gets stolen, the funds can still be recovered with safe storing of your 24-word password. Sources https://www.cryptoknowmics.com/news/list-of-famous-bitcoininvestors www.cryptoknowmics.com 16 Crypto news and articles Exchange & wallet listing Market & price analysis Crypto discussion forum ICO listing and rating Crypto jobs marketplace Features Tokens and coin listing Airdrop and event listing DApp listing & review Crypto gaming platform ICO Launchpad Blockchain tutorials and courses www.cryptoknowmics.com 17 For any further queries or clarifications please contact at - listing@cryptoknowmics.com - info@cryptoknowmics.com - www.cryptoknowmics.com - www.cryptoknowmics.io www.cryptoknowmics.com
