Custom URLs: Wallet Comparison

Our impressions

Trezor Model T

BitBox02

Pros

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

not reviewed yet

Cons

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)

not reviewed yet

Verdict

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

not reviewed yet

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

Trezor Model T

BitBox02

Release year

2018

2019

Supported coins

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

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.

Open source

Firmware
Companion software

Firmware
Companion software

Seedphrase support

BIP-39 (Mnemonic phrase)
SLIP-39 (Shamir backup)
Passphrase

BIP-39 (Mnemonic phrase)
Passphrase

Security protections

On device PIN entry
Factory reset with wrong PIN
Factory reset with decoy PIN
On device passphrase entry
On device recovery

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

Platform compatibility

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.

Windows
macOS
Linux
Android

Authentication token

FIDO U2F
FIDO2 Webauthn
SSH

FIDO U2F
FIDO2 Webauthn

Additional features

supports GPG encryption
microSD card slot
Password Manager

Technical specifications

Trezor Model T

BitBox02

Dimensions

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

54.5 mm x 25.4 mm x 9.6 mm
2.15 in x 1 in x 0.38 in

Weight

16 g
0.56 oz

12 g
0.42 oz

Display

Color
Touchscreen

Full color LCD touchscreen
240 x 240 px

Monochrome
OLED

128 x 64 Pixels

Connectivity

USB-C

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