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Trezor Safe 5 launches, bringing everyday convenience to crypto hardware wallets

June 16, 2024 By Crypto Reporter PR

Trezor, the original bitcoin hardware wallet company, introduces the Trezor Safe 5, which brings everyday convenience to securely storing, managing and buying cryptocurrencies in a cold-storage wallet. Drawing on more than ten years’ experience of open source security, the Trezor Safe 5 packs an array of powerful attributes that support active, regular management of crypto assets, while maintaining Trezor’s commitment to exceptional levels of usability and security:

  • Color touchscreen and Trezor Touch haptic engine for a richer interactive experience
  • NDA-Free, EAL 6+ certified, Secure Element designed to protect sensitive information and perform cryptographic operations
  • An enhanced, more robust, 20-word backup process offers a seamless upgrade from a standard Single-share Backup to an Advanced Multi-share Backup
  • All Gorilla-Glass surface protects device from scratches and damage

With a vibrant color touchscreen, the Trezor Safe 5 delivers a visually engaging interface. Its large screen gives users additional reassurance about the transactions they’re processing. The Trezor Touch haptic engine enriches interactions to deliver an experience so intuitive users can feel it.

As with all Trezor hardware, the Trezor Safe 5 is designed on open source security principles, enabling the Trezor community to verify the technology and giving them confidence in the integrity of the wallet. The device’s Secure Element has EAL 6+ certification, confirming that the chip has undergone extensive testing and can withstand sophisticated attacks. The absence of non-disclosure agreements (NDAs) covering use of the Secure Element in the device provides a transparent foundation for security to further enhance protection.

The new, enhanced backup standard, which now uses 20 words, improves the user-friendliness of the backup and recovery process. The upgraded wordlist contains carefully selected words that are easily distinguishable from each other.

Most importantly, with the enhanced backup users can seamlessly upgrade from a standard Single-share Backup to an Advanced Multi-share Backup, offering superior security with no single point of failure. The backup is created using Shamir’s secret sharing to split the master secret key into multiple unique shares. Users can decide how many unique shares the advanced backup consists of and how many are needed to restore the wallet. Even if some shares are lost, users can still access their crypto.

To protect wallet backup phrases from fire, water and physical damage, Trezor will also offer a 20-word version of its Trezor Keep Metal solution for USD 99 at the beginning of July.

The Trezor Safe 5 will still support other legacy backup processes if users prefer those options, and earlier standards are still functional when recovering from older models.

The high-performance specifications of the wallet are matched in its sleek, appealing design. Available in Black Graphite, Violet Ore and Green Beryl, the device is encased in damage-proof Gorilla Glass, providing durability along with a refined look and feel.

Supporting a wide range of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and thousands more, Trezor Safe 5’s extensive compatibility ensures that users can securely store, manage, stake, and use their crypto all in one place via the Trezor Suite desktop and the accompanying mobile app to monitor crypto from a mobile phone on the go. Additionally, users can draw on Trezor’s extensive network of third-party services, empowering them to fully customize their crypto experience according to their unique needs.

Trezor Safe 5 extends the Trezor Safe product family following the launch of the Trezor Safe 3 – an easy-to-use, secure hardware wallet for crypto novices – in October 2023.

Special devices just for bitcoiners

For Bitcoin devotees, Trezor is also introducing a new Bitcoin-only option that removes non-bitcoin related features and code, ensuring a smooth and optimized bitcoin-only experience. After a limited run of Bitcoin-only Trezor Safe 3s sold out in a matter of hours at launch, Trezor will now offer an unlimited edition of the Bitcoin-only Trezor Safe 3 and Trezor Safe 5 – both sporting the familiar fiery orange shade – for general sale.

Matěj Žák, Trezor’s Chief Executive Officer, said: “Understandably, many crypto enthusiasts lack trust in exchanges and are looking for an easy and secure way to interact with their crypto assets. However, with hardware wallets often designed more for ‘hodling’ crypto rather than using crypto on a more regular basis, we saw that there was an opportunity to  bring something new to the sector – enter the Trezor Safe 5, the ultimate hardware wallet for crypto users looking for everyday utility along with the highest level of security and effortless usability.”

Matěj Žák launched the Trezor Safe 5 on stage at BTC Prague 2024 where he also introduced new service, Trezor Expert, a service dedicated to building user confidence in self-custody. Trezor Expert specialists provide personalized, one-on-one online onboarding sessions for Trezor customers, helping them to set up their hardware wallets. The service eases customer concerns about making errors and gives them an improved understanding of the security considerations surrounding self-custody.

The Trezor Safe 5 is available for preorder today at a retail price of USD 169. Trezor Safe 5 Bitcoin-only and Black Graphite are also available for preorder with shipping at the beginning of July. Trezor Safe 5 Green Beryl and Violet Ore will be available by mid-August.

For more information please visit: https://trezor.io/trezor-safe-5

About Trezor 

Trezor is the original bitcoin hardware wallet company, founded in 2013. It pioneered the development of the self-custody of crypto assets, empowering individuals with an open-source device that enables anyone to easily and securely hold cryptocurrencies.

Trezor has expanded to offer a whole ecosystem of easy-to-use both hardware and software  products that help protect users – from crypto novices to crypto experts. In 2023, the company launched its Trezor Academy initiative which educates grassroots communities across the African continent on safe participation in the bitcoin ecosystem. Trezor is part of SatoshiLabs, a technology holding company with various interests in crypto and bitcoin companies.

Filed Under: Press Releases

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