Crypto hardware wallet comparison KeepKey vs Trezor Model T

Our impressions

KeepKey

Trezor Model T

Pros
  • Has a great community and (d)app ecosystem
  • Very high usability through the touch-screen
  • Future-proof USB-C port
  • Uses the BIP-39 standard, which allows wallet recovery even without hardware
  • Open source firmware that can be audited by the community
  • Can be used as a secure key, providing additional value outside crypto use-cases
  • Also includes unique features for highly advanced users, like Shamir backup
Cons
  • Outdated microUSB port
  • Needs constant USB connection
  • Requires constant USB connection to operate
  • Key extraction vulnerability (if an attacker with the right tools and knowledge has physical access to the hardware wallet)
Verdict

The product has a nice build quality and finish, a solid (d)app ecosystem, and a great community. The product launched in 2015 and it shows its age, compared to newer hardware wallet products. Most notably it has no secure element, a microUSB port, and limits itself to a single button for on-device input.

That being said, we would still prefer it over any software wallet, though.

In our opinion currently one of the best hardware wallets on the market. We especially love the usability that comes with the touch screen. Make sure to use a passphrase if you are worried about key extraction attacks. 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

KeepKey

Trezor Model T

Release year

2015

2018

Supported coins

Supports multiple coins

Supports 7.000+ assets on 340+ blockchains

Supports multiple coins, Bitcoin-only mode available

  • BTC, ETH, ADA, XRP, LTC, XLM, DOGE, DASH, XMR
  • and a thousand others. See a full list at trezor.io/coins
Open source
  • Firmware
  • Companion software
  • Firmware
  • Companion software
Seedphrase support
  • BIP-39 (Mnemonic phrase)
  • Passphrase
  • BIP-39 (Mnemonic phrase)
  • SLIP-39 (Shamir backup)
  • Passphrase
Security protections
  • On device PIN entry

after 3 wrong PIN entries an increasing timeout is applied for each wrong PIN (we stopped testing at 256 seconds around wrong PIN #8 or so)

  • On device PIN entry
  • Factory reset with wrong PIN
  • Factory reset with decoy PIN
  • On device passphrase entry
  • On device recovery
Platform compatibility
  • Windows
  • macOS
  • Linux
  • Android

on Linux make sure to add udev rules

  • Windows
  • macOS
  • Linux
  • Android
  • iOS
  • ChromeOS

Chrome OS is not officially supported and relies on WebUSB in the Chrome browser. This means that, i.e., it’s not possible to set up a freshly unboxed Trezor T, you need to perform the first-time firmware installation on a PC or Mac.

Authentication token
  • FIDO U2F
  • FIDO2 Webauthn
  • SSH
Additional features

can be used in conjunction with the companion app to store TOTP secrets and generate codes for TOTP based 2FA

  • supports GPG encryption
  • microSD card slot
  • Password Manager

Technical specifications

KeepKey

Trezor Model T

Dimensions

94 mm x 38.4 mm x 12.2 mm
3.7 in x 1.51 in x 0.48 in

64 mm x 39 mm x 10 mm
2.52 in x 1.54 in x 0.39 in

Weight

52 g
1.83 oz

16 g
0.56 oz

Display
  • Monochrome
  • OLED

‎256×64 pixels

  • Color
  • Touchscreen

Full color LCD touchscreen
240 x 240 px

Connectivity
  • micro USB
  • USB-C
Storage
  • microSD card

SD card can be used to secure PIN (device can not be unlocked unless the correct SD card is present)
SD card not yet used in any other capacity, other than protecting PIN

Processor

168 MHz Cortex-M4

Safety & Certifications

CE and RoHS certifications
Airplane and X-ray safe

Housing

Black plastics and Anodized Aluminum

Robust plastics
Available in black
Silicone protection case in multiple colors available

Where to buy

KeepKey

Trezor Model T