Trezor Eases Self-Custody with New Wallet and Onboarding Sessions

Trezor, a leading provider of hardware cryptocurrency wallets, is addressing the usability challenges in the crypto space with a new onboarding service and a freshly designed hardware wallet. The company has recently unveiled Trezor Expert, a one-on-one personalized onboarding service tailored for users seeking additional guidance to set up their self-custodial crypto wallets correctly and securely.

Self-custodial wallets, which allow users to manage their own private keys, are crucial for the growth of the cryptocurrency ecosystem. They offer benefits such as enhanced privacy and security. While custodial wallets provided by entities like Coinbase offer convenience, they typically mean users don’t have direct control over their crypto assets. With Trezor Expert, the company aims to bridge the knowledge gap for users venturing into self-custody by ensuring a seamless and error-free setup.

Trezor Expert sessions are available for purchase at $99 through Trezor’s official website. These sessions were officially launched on June 14, as announced by Trezor CEO Matej Zak during the BTC Prague 2024 event. Zak emphasized that Trezor Expert helps customers to not only correctly configure their hardware wallets but also delve deeper into security considerations related to self-custody, including private key management and safe online practices.

According to Zak, this specific service had been in the conceptual stages for three years, and it was only recently that the company had the capacity to bring it to fruition. This strategic move underscores Trezor’s commitment to fostering a better understanding of self-custody among its users, thereby enhancing their confidence in managing their cryptocurrency assets.

Simultaneously, Trezor has introduced a new hardware wallet named Trezor Safe 5. This new device boasts upgraded security features, including an EAL 6+ certified secure element and user-friendly additions like a color touchscreen and Trezor Touch haptic engine. One of the noteworthy innovations in the Trezor Safe 5 is a new 20-word recovery seed backup process, which replaces the traditional 12 or 24-word seed phrases. This process enhances security through an advanced multi-share Shamir backup system, enabling secure access even if a private key is lost.

The Trezor Safe 5 adds to Trezor’s existing product lineup, which also includes the Trezor Model One, Trezor Model T, and Trezor Safe 3. Each of these models is designed to cater to different user needs. Trezor Safe 5, priced at $169 and available for preorder, targets users seeking the highest level of security and effortless usability, positioning itself as the ultimate hardware wallet for everyday crypto utility.

In line with its dedication to catering to diverse user preferences, Trezor has also rolled out a new Bitcoin-only option. This variant of Trezor Safe 3 and Trezor Safe 5 excludes non-Bitcoin features and code, providing a streamlined, Bitcoin-exclusive experience. This move reflects Trezor’s acknowledgment of varying preferences among crypto users, particularly Bitcoin maximalists.

Trezor CEO Zak clarified that the Bitcoin-only Trezor wallet maintains the same high level of security as the multi-crypto versions. He emphasized that the security protocols are uniform across all devices, but the Bitcoin-only model caters specifically to users who prefer not to deal with other cryptocurrencies.

Trezor’s latest initiatives, including the Trezor Expert onboarding service and the feature-rich Trezor Safe 5 hardware wallet, represent significant steps towards making cryptocurrency self-custody more accessible and secure for users. As the company continues to innovate and cater to diverse user requirements, it reinforces its position as a leader in the hardware wallet sector, committed to enhancing user experience and security in the crypto world.

Ravi Marable

Ravi Marable

40 thoughts on “Trezor Eases Self-Custody with New Wallet and Onboarding Sessions

  1. Trezor’s drive to bridge the knowledge gap in self-custody with expert onboarding is exactly what the crypto world needs.

  2. Trezor continues to lead with innovation and security. Their new onboarding service is a brilliant move! 💎🔑

  3. The enhanced security features of the Trezor Safe 5 make it the best choice for everyday crypto utility. ✅🔐

  4. Trezor Expert for $99 is a steal for the peace of mind it brings. Way to go, Trezor!

  5. The haptic engine and color touchscreen on Trezor Safe 5 sound amazing! Can’t wait to try it.

  6. This new onboarding service seems redundant. How much hand-holding do they think people need? 🙄

  7. Ugh, another overpriced gadget. What’s next, $200 for a wallet stand? 🤑

  8. Not excited about the $169 price tag for the new Trezor Safe 5. Way too expensive!

  9. Excited about the advanced multi-share Shamir backup system! Ensuring I never lose access to my crypto.

  10. The redesigned Trezor Safe 5 looks sleek and secure. Can’t wait to get my hands on it!

  11. Trezor Expert for personalized guidance? This is a groundbreaking service for all new crypto enthusiasts! 💻👩‍💼

  12. Trezor’s commitment to enhancing user experience is evident with these new releases. Proud to be a Trezor user! 🌟💼

  13. Personal onboarding seems like a ploy to make more money off new users. Not impressed.

  14. New onboarding service? Great, another reason to charge users more for something basic.

  15. Really? $99 for an onboarding session? Sounds like a money grab. Aren’t these tutorials available online for free? 😒

  16. Trezor’s new initiatives highlight their commitment to both security and user experience. Bravo! 🎉🔑

  17. The new 20-word recovery seed backup system on the Trezor Safe 5 is genius! Super secure!

  18. Trezor’s dedication to user-friendly designs and top-tier security is truly admirable. Keep up the great work!

  19. Why does Trezor expect us to buy a new wallet every year? This feels like a rip-off.

  20. Matej Zak and the Trezor team have really outdone themselves with these new products and services. Kudos!

  21. Loving the Bitcoin-only option on Trezor Safe 5! Perfect for Bitcoin maximalists like me.

  22. A color touchscreen on my crypto wallet? Yes, please! Trezor Safe 5 is playing on a whole new level. 🔥📱

  23. Kudos to Trezor for launching the Trezor Expert at BTC Prague 2024. It’s going to help so many people!

  24. Trezor’s commitment to user education with their expert service is just what the crypto world needs! 🌍📚

  25. A tailored onboarding service is exactly what’s been missing in the crypto space. Grateful for Trezor Expert!

  26. The Trezor Expert service is exactly what the crypto community needs to adopt self-custody with confidence.

  27. Adding a touchscreen and haptic feedback to a hardware wallet? Whats the point? Just seems like a gimmick.

  28. Wow, Trezor Safe 5’s security features are impressive! EAL 6+ certified secure element and 20-word recovery seed! 🙌🔐

  29. Can’t wait to try out the haptic engine on the Trezor Safe 5. Trezor keeps leading the way in hardware wallets!

  30. I thought Trezor was about security, not making money off unnecessary services. Disappointed. 😔

  31. Just got my Trezor Model T, and now there’s a new model already? This pace of updates is frustrating. 😤

  32. Trezor Expert is a fantastic addition! Personalized guidance will definitely help new users feel more secure.

  33. Introducing a 20-word recovery seed backup process 🤯 Just another way to make things more complicated!

  34. The $99 onboarding service feels like a small price to pay for such comprehensive guidance. Thanks, Trezor!

  35. The Bitcoin-only Trezor options are a fantastic move for users who focus solely on Bitcoin. Great addition!

  36. for help setting up a wallet? Feels like Trezor is taking advantage of newbies in the crypto space.

  37. Exciting news from Trezor! The new onboarding service and Trezor Safe 5 are game changers in the crypto space! 🚀💼

  38. Trezor is just trying to milk more money with these personalized services. Greedy much?

  39. Just preordered the Trezor Safe 5! Feeling confident about the enhanced security features. 💪🔒

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