GetColdWallet 
The Trezor Safe 3, introduced at the end of 2023, is the latest addition to the Trezor hardware wallet family. It’s designed to offer a high level of security, with the integration of a Secure Element chip and open-source architecture, making it a trusted option for securely managing, sending, and receiving cryptocurrencies. Compact, lightweight, and affordable at just $79, the Trezor Safe 3 is an excellent choice for both novice and experienced users. With features like Shamir backup, support for 9,000+ cryptocurrencies, and on-device confirmation, the wallet strikes an outstanding balance between usability and advanced security.
Key Features of Trezor Safe 3
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Wide Cryptocurrency Support:
- Supports 9,000+ cryptocurrencies, including:
- Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), Dogecoin (DOGE), ERC-20 tokens, and more.
- Constantly updated to include newly added assets. (Full list available at trezor.io/coins.)
- Supports 9,000+ cryptocurrencies, including:
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Advanced Security:
- Secure Element (EAL 6+) chip protects keys from physical tampering, while open-source firmware ensures trust and transparency.
- Offers 12-word recovery and Shamir backup for enhanced backup security (e.g., split recovery seed into multiple shares).
- Optional Bitcoin-only firmware increases security by reducing attack vectors.
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User-Friendly Design:
- Features a 0.96-inch monochromatic OLED screen for transaction verification.
- Two physical buttons for easy and intuitive navigation.
- Supports Trezor Suite, a comprehensive platform for managing crypto via desktop or web.
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Compact and Affordable:
- Sized at 59x32x7.4 mm and weighing only 14g, it is highly portable.
- Priced at $79, it is one of the most affordable hardware wallets in its class.
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Sustainable Packaging:
- Delivered in eco-friendly, recycled packaging, ensuring minimal environmental impact.
What’s in the Box?
- Trezor Safe 3 Hardware Wallet
- USB-C Cable
- 2 Backup Cards for recovery phrase storage
- Quick Start Guide
- Trezor Stickers
The packaging comes with tamper-evident seals to ensure the hardware is unaltered during shipping.
Setup Process for Trezor Safe 3
Setting up the Trezor Safe 3 is simple and beginner-friendly, typically taking around 5-10 minutes. Here’s how it works:
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Download Trezor Suite:
- Visit trezor.io to download the Trezor Suite desktop application or use the web version.
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Connect the Device:
- Use the included USB-C cable to connect your wallet to your PC or compatible device.
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Install Firmware:
- The Safe 3 ships without firmware for security reasons. Install the latest firmware directly from the Trezor Suite platform. The software also verifies the device’s authenticity.
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Create or Restore a Wallet:
- Generate a New Wallet: Write down your 12-word recovery phrase or set up a Shamir backup (e.g., split your backup into multiple shares).
- Restore an Existing Wallet: Use your backup phrases to recover an existing crypto wallet.
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Set a PIN:
- Create a PIN (4 to 50 characters) for added protection against unauthorized access.
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Select Cryptocurrencies:
- Configure which cryptocurrencies you’d like to manage via Trezor Suite.
After setup, you’re ready to manage, send, and receive cryptocurrencies securely.
Key Differentiators and Unique Features
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Shamir Backup:
- The Safe 3 offers native support for Shamir Backup, allowing you to split your recovery seed into multiple shares (e.g., 3 out of 5 required for restoration). This protects against loss or theft of a single recovery phrase.
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Secure Element Chip (EAL 6+):
- This chip provides industry-leading hardware security, safeguarding private keys against tampering, physical attacks, and unauthorized access.
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Trezor Suite Integration:
- Use the Trezor Suite (desktop or web) for a comprehensive overview of your portfolio, sending/receiving crypto, and additional features like:
- Tor integration for anonymous connections.
- CoinJoin for private Bitcoin transactions.
- Passphrase-protected wallets for added layers of security.
- Use the Trezor Suite (desktop or web) for a comprehensive overview of your portfolio, sending/receiving crypto, and additional features like:
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Easy On-Device Confirmation:
- Every transaction must be manually reviewed and confirmed directly on the Trezor Safe 3 device, ensuring no unauthorized actions.
Design and Build Quality
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Durable yet Lightweight:
- Weighs only 14g and features a durable aluminum backplate (available in various elegant colors: Cosmic Black, Arctic Pink, Sun Gold, and Star Silver).
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Clear OLED Display:
- The 0.96-inch monochromatic display is sharp and reliable, allowing users to safely review all transaction details.
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Sleek and Compact:
- Slightly smaller than the flagship Model T, the Safe 3 is perfect for users who require portability and simplicity.
Managing Cryptocurrencies with Trezor Safe 3
The Trezor Suite dashboard offers a streamlined and intuitive user experience. From this interface, you can:
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View Your Portfolio:
- See real-time balances across all supported cryptocurrencies.
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Buy, Sell, and Trade:
- Integrated with third-party services for buying/selling crypto.
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Send and Receive:
- Review transaction details on the Safe 3’s screen and confirm with physical buttons.
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Enhanced Privacy:
- Use Tor connectivity and features like CoinJoin to improve anonymity.
Supported Cryptocurrencies
The Trezor Safe 3 supports over 9,000+ cryptocurrencies, with highlights including:
- Bitcoin (BTC)
- Ethereum (ETH)
- Ripple (XRP)
- Dogecoin (DOGE)
- Litecoin (LTC)
- ERC-20 tokens
- Solana (SOL), Cardano (ADA), Monero (XMR), and more.
You can also opt to use Bitcoin-only firmware, ideal for Bitcoin maximalists.
Comparison: Trezor Safe 3 vs Other Trezor Models
| Feature | Trezor Safe 3 | Trezor Model T | Trezor Model One |
|---|---|---|---|
| Price | $79 | $129 | $49 |
| Screen | 0.96-inch OLED (mono) | Full-color touchscreen | OLED (mono) |
| Backup | Shamir or 12-word seed | Shamir or 12-word seed | 12-word seed |
| Secure Element | Yes (EAL 6+) | No | No |
| Multicurrency Support | Yes (9,000+) | Yes (9,000+) | Yes (1,289+) |
Security Features
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Hardware-Based Protection:
- The EAL 6+ Secure Element chip mitigates risks from sophisticated physical attacks.
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Passphrase Wallets:
- Add a secondary, hidden wallet that requires an additional passphrase.
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Shamir Backup:
- Create multiple recovery shares of your private key for safer, redundant storage.
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Tor and CoinJoin Integration:
- Protect your identity and transaction privacy with integrated privacy-enhancing tools via Trezor Suite.
Who Should Use the Trezor Safe 3?
The Trezor Safe 3 is an ideal wallet for:
- Beginners starting their crypto journey (due to simple design and setup).
- Budget-conscious users looking for affordable protection.
- Advanced users seeking Shamir Backup and Secure Element functionality in a compact wallet.
Final Verdict
The Trezor Safe 3 is a thoughtfully designed hardware wallet offering excellent value for $79. With features like wide cryptocurrency compatibility, Shamir Backup, and integration with the privacy-first Trezor Suite, it’s one of the best choices available for securely managing crypto assets. While it lacks the touchscreen of the Model T, the OLED display combined with physical buttons provides a straightforward and trusted user experience.
For its price and features, the Trezor Safe 3 is a secure, beginner-friendly, and well-rounded option for crypto investors of all levels.
