Crypto hardware wallet comparison BitBox02 vs Trezor Model One
Our impressions
BitBox02
Trezor Model One
- Small form factor and very portable
- Excellent value at an affordable price point
- MicroUSB in this day and age is quite outdated, but still connects to USB-A or newer USB-C ports
- Requires constant USB connection to operate
- Limitations compared toย Trezor Model T
- Supports fewer coins and misses support for e.g.: XRP, ADA (Cardano), XMR (Monero)
- Button input can be cumbersome compared to the touchscreen of the Model T
- Key extraction vulnerability (if an attacker with the right tools and knowledge has physical access to the hardware wallet)
Despite being the very first hardware wallet product, with itโs debut in 2014, the Trezor Model One is still one of the best hardware wallets. It has a very attractive price point, while providing excellent value and functionality.
Make sure to use a passphrase if you are worried about key extraction attacks.ย Read more about the vulnerability
Disclaimer: Our impressions are based on a compilation of factors tailored to the average user’s perspective. It is also important to note that whether a feature is a “pro” or “con” can depend on your situation and preferences. What may be an advantage in one scenario could be a challenge in another, and vice versa. Therefore, while reviewing these points, it’s essential to consider your unique requirements and circumstances when making decisions. This list aims to provide an idea of what to anticipate, but it is not the ultimate guide to determining whether something will work for you or not.
Key features
BitBox02
Trezor Model One
2019
2014
Supports multiple coins
In app support for BTC, LTC, ETH and selected tokens.
ADA with AdaLite and 1500+ ERC20 tokens supported with MyEtherWallet.
For Bitcoin-only support see BitBox02 Bitcoin-only edition
It is not possible to convert a BitBox02 Multi edition into a BitBox02 Bitcoin-only edition or vice-versa. The BitBox02 bootloader prevents firmware downgrades and installing firmware for a different edition of the BitBox02 (Multi or Bitcoin-only) as otherwise that would be a security attack vector.
Supports multiple coins, Bitcoin-only mode available
- BTC, ETH, LTC, XLM , DOGE, DASH, ZEC, NEM,
- and a thousand others. See a full list at trezor.io/coins
- Firmware
- Companion software
- Firmware
- Companion software
- Secure element
- On device PIN entry
Dual chip security architecture
Secure chip: ATECC608B; True random number generator (NIST SP 800-90A/B/C)
Anti-klepto mitigates the nonce covert channel attack
Physical protections
Security audit & bug bounty program
- On device PIN entry
- Factory reset with wrong PIN
- Factory reset with decoy PIN
- On device recovery
- Windows
- macOS
- Linux
- Android
- Windows
- macOS
- Linux
- Android
- ChromeOS
Chrome OS is not officially supported and relies on WebUSB in the Chrome browser. This means that, i.e., itโs not possible to set up a freshly unboxed Trezor One, you need to perform the first-time firmware installation on a PC or Mac.
- FIDO U2F
- FIDO2 Webauthn
- FIDO U2F
- SSH
- GPG encryption
- Password Manager
Technical specifications
BitBox02
Trezor Model One
54.5 mm x 25.4 mm x 9.6 mm
2.15 in x 1 in x 0.38 in
60 mm x 30 mm x 6 mm
2.36 in x 1.18 in x 0.24 in
12 g
0.42 oz
12 g
0.42 oz
- Monochrome
- OLED
128 x 64 Pixels
- Monochrome
- OLED
Monochrome display
128 x 64 px
- USB-C
- micro USB
- microSD card
ATSAMD51J20A
120 Mhz 32-bit Cortex-M4F
True random number generator
120 Mhz Cortex-M3
CE and RoHS certifications
Airplane and X-ray safe
Polycarbonate
Robust plastics
Available in black or white
Silicone protection case in multiple colors available