Reading Time: 7 min · Updated Sep 2025
Why Choose Hardware?
Centralized exchanges are often the target of large-scale hacks. Only hardware wallets keep your private keys off the web.
Trezor’s Approach:
- PIN and biometric security
- Passphrase support for hidden/secret wallets
- Lightning updates and open code audits
Best Security Practices:
- Backup your recovery phrase, preferably using Shamir’s method for even better security.
- Never type your seed anywhere digital.
- Confirm all send/receive actions on your device screen before completing.
- Update wallet firmware and app often.
Debunking Myths:
“Exchange wallets are fine.” – Not if breached or bankrupt. Only you should have your keys.
Stay Updated: Check the Security Blog for new threats and protection strategies.