Trezor Model One Review: Is It Still a Reliable Hardware Wallet in 2025?

If you own cryptocurrency, you already know how important security is. You can’t just leave your assets on an exchange. Hackers, phishing scams, and exchange failures can wipe out your savings in minutes. That’s why hardware wallets exist.

The Trezor Model One is a pioneer in this space. Launched by SatoshiLabs in 2014, it was the first-ever hardware wallet for cryptocurrency. At the time, it was a groundbreaking idea—keeping private keys offline and away from hackers.

Since then, the Model One has built a reputation as an affordable, simple, and trusted option. Many beginners choose it as their first step into secure storage.

But here’s the real question: is the Trezor Model One still reliable in 2025? With competitors like Ledger, Keystone, and the Cypherock X1 offering modern security, does Trezor hold its ground? Let’s find out.

Trezor Model One at a Glance

When you first look at the Trezor Model One, you’ll notice its simplicity. It’s small, lightweight, and easy to carry around. But don’t let the size fool you—it has enough features to secure your coins.

• Price: You can usually find it between $59 and $69. That makes it one of the most affordable hardware wallets in 2025.
  
• Supported Assets: It supports over 1,000 cryptocurrencies, including Bitcoin, Ethereum, and many popular altcoins.
  
• Platforms: You can connect it to Windows, MacOS, Linux, and Android devices. The big drawback is that iOS is not supported.
  
• Brand Reputation: Being the first hardware wallet, Trezor has earned long-term trust in the crypto community.
  

This wallet is designed with beginners in mind. It doesn’t overwhelm you with advanced trading features. Instead, it focuses on making crypto storage secure and straightforward. If you’re looking for a no-frills device to hold your coins, the Trezor Model One is worth considering.

Security Features of Trezor Model One

Security is where hardware wallets really prove their value. The Trezor Model One was created to keep your coins safe from hackers. Let’s go through its main security layers.

1. Offline Storage of Private Keys
   Your private keys never touch the internet. They stay inside the Trezor device at all times. This keeps hackers from stealing them through malware or phishing.
   
2. PIN Code Protection
   Every time you connect your wallet, you’ll need to enter a PIN code. Without this, no one can access the device.
   
3. Physical Confirmation for Transactions
   The wallet has two physical buttons. To approve any transaction, you need to press them. That means even if your computer is hacked, no one can move your funds without physically pressing the buttons.
   
4. Recovery Seed and Passphrase Protection
   During setup, the wallet gives you a 12- or 24-word recovery seed phrase. This allows you to restore access if your wallet is lost. You can also add an optional passphrase, creating a hidden account for extra safety.
   
5. U2F Compatibility
   Trezor can also work as a Universal 2nd Factor (U2F) device, which boosts your online account security beyond just crypto.
   

These features make the Trezor Model One strong, but it has a major weakness: the seed phrase. If someone finds or steals your recovery phrase, they can access all your funds.

This is where Cypherock X1 has an edge. Unlike Trezor’s single-device model, Cypherock X1 splits your private keys across multiple components. The hardware wallet and four smart cards share responsibility. No single device ever holds the full key. This decentralized design removes the biggest point of failure. Even if one part is stolen, your funds remain safe.

So while Trezor relies on traditional seed phrases, Cypherock provides a modern, multi-component seed phrase recovery method that’s far more secure.

Ease of Use & Functionality

One of the main reasons people love the Trezor Model One is how easy it is to use. Even if you’re brand new to crypto, you won’t feel lost.

• Setup: The initial setup process is simple and guided step by step. You’ll write down your recovery phrase, set up a PIN, and you’re good to go.
  
• Trezor Suite App: This is Trezor’s companion software. With it, you can buy, sell, and exchange coins directly from your device. You don’t need to register on an exchange for basic purchases, which makes things convenient.
  
• Staking: The wallet offers some basic staking features for certain coins, but nothing too advanced.
  
• NFT Support: Trezor has been working to support NFTs, making it easier to store your digital collectibles.
  

That said, there are a few limitations. The device connects through USB only. If you’re an iPhone user, you won’t be able to pair it with your device. Also, the small screen and lack of touchscreen can feel outdated in 2025.

If you prefer convenience over cutting-edge security, Trezor is fine. But if you want a more modern, hacker-resistant system, Cypherock X1 makes a stronger case.

Pros & Cons of Trezor Model One

Before buying any hardware wallet, you should weigh its strengths and weaknesses. Here’s how the Trezor Model One stacks up:

Pros

• Affordable compared to many competitors.
  
• Supports over 1,000 coins and tokens.
  
• Trusted brand with years of experience.
  
• Beginner-friendly design and software.
  

Cons

• No iOS support.
  
• Limited staking and advanced features.
  
• Small screen with no touchscreen option.
  
• Relies on recovery seed phrases, which can be lost or stolen.
  

Cypherock X1 solves the biggest issue here—the seed phrase problem. Instead of writing down one recovery phrase, Cypherock distributes the keys across 4 smart cards and the main wallet. You only need any 2 of these to access your funds. This way, losing one card or even the wallet itself won’t put your assets in danger.

For beginners, Trezor works well. For serious holders who want long-term peace of mind, Cypherock X1 is a safer upgrade.

How Trezor Model One Compares to Competitors

No review is complete without comparing the wallet to its biggest competitors. Here’s how the Trezor Model One stacks up:

• Ledger Nano X: Supports more than 1,300 coins, works with iOS, and offers Bluetooth. But it’s over twice the price of Trezor.
  
• KeepKey: One of the cheapest wallets. Supports 7,000+ coins but has limited integrations. Its larger screen makes navigation easier, but the brand doesn’t have the same reputation as Trezor.
  
• Trezor Model T: A premium upgrade with a color touchscreen. Offers more advanced features but is significantly more expensive.
  
• Cypherock X1: Offers multi-component architecture, decentralized key backup, no seed phrase vulnerability, and institutional-grade security. It’s pricier than Trezor but offers features built for serious investors.
  

When compared side by side, Trezor Model One is clearly the most budget-friendly option. But if you’re managing a larger portfolio, the lack of advanced protection could become a problem.

Who Should Consider the Trezor Model One?

The Trezor Model One is perfect if you’re:

• Just starting your crypto journey.
  
• Looking for a simple wallet under $70.
  
• Holding a modest portfolio and don’t need advanced trading features.
  
• Someone who values brand trust and straightforward design.
  

But if you’re planning to store a large portfolio long-term, you may want stronger security. That’s where Cypherock X1 stands out. Its seed phrase recovery, decentralized storage, and air-gapped system make it far better suited for high-value investors.

So while Trezor is great for beginners, Cypherock is built for serious holders who want maximum safety.

Final Verdict: Is Trezor Model One Still Reliable in 2025?

The Trezor Model One is still a reliable wallet in 2025, but only for certain users. If you’re looking for an affordable, beginner-friendly way to secure your first crypto purchases, it’s a great choice. It does the job well, and the brand has years of trust behind it.

But crypto security has evolved since 2014. Recovery seed phrases are risky. USB connections are outdated. And storing large amounts of assets on a single device can be dangerous.

That’s why many investors are moving toward wallets like Cypherock X1. With its multi-component design, seedless recovery, and air-gapped security, it removes the most common attack risks. For anyone holding a larger crypto portfolio, Cypherock offers a future-proof solution.

So the answer is yes, the Trezor Model One is reliable in 2025. But if your goal is maximum security, it might not be enough anymore.

Start securing your crypto journey today—visit Cypherock X1 to learn more.

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