Keystone vs Trezor: Which Is The Best Hardware Wallet? 🏆
8 min read
Introduction: Choosing the perfect crypto wallet is paramount in safeguarding your digital assets. In this comprehensive review, we have meticulously evaluated Keystone vs Trezor Wallets across a multitude of essential criteria, including support for blockchains and cryptocurrencies, features, compatibility with software wallets, security measures, and much more!
Keystone and Trezor are two well-known hardware wallets that provide users with a secure and convenient way to store their cryptocurrencies. While both wallets serve the same purpose, they have some notable differences in terms of features, compatibility, and user experience.
Starting with Keystone, this hardware wallet was founded in 2017 by Discus Fish and Changhao Jiang. It is an air-gapped QR code hardware wallet, which means that it is completely isolated from the internet and requires a companion app to connect to blockchain networks.
With over 25 supported software wallets, including popular ones like MetaMask and Keplr, Keystone offers a wide range of compatibility options. It is also the only hardware wallet that is compatible with both the MetaMask extension and mobile app, providing users with added flexibility.
Keystone supports over 5,000 digital assets, including Bitcoin, Ethereum, EVM-based chains, Tron, Polkadot, and Cosmos, making it a versatile wallet for different blockchain ecosystems. The company, now called Account Labs, has raised $10 million in funding and is led by CEO Liu Lixin.
Trezor is a hardware wallet that was launched in 2013 by Marek Palatinus and Pavol Rusnak. It is a cold wallet, meaning that it stores the user's private keys offline on a secure hardware device.
Trezor offers advanced security features, such as Shamir Backup for asset recovery, making it a popular choice for users who prioritize the safety of their digital assets. With support for over 1,000 cryptocurrencies, Trezor is highly versatile and allows users to manage a wide range of digital assets.
Trezor has also developed Trezor Suite, which is a desktop, browser, and mobile app for buying, selling, sending, and receiving cryptocurrencies. The suite is available on Linux, MacOS, Windows, Android, and iOS, providing users with options for accessing their accounts.
Trezor has grown to over 1 million wallet users and has a team of over 100 employees based in Prague.
Keystone vs Trezor User Experience
When comparing the Keystone wallet and the Trezor wallet, there are several key factors to consider. The Keystone wallet features a beautiful 4-inch LCD touchscreen with a resolution of 480 X 800, providing a clear and user-friendly experience.
On the other hand, the Trezor wallet has a compact design with a small monochrome display and physical buttons for navigation, ensuring simplicity in managing assets.
In terms of supported cryptocurrencies, both wallets offer extensive compatibility. The Keystone wallet supports over 5,000 cryptocurrencies, providing users with a wide range of options for storing their digital assets.
When it comes to security, the Keystone wallet incorporates three security chips, ensuring added safety for users' funds. Additionally, the Keystone wallet supports multiple seed phrases, allowing users to have multiple accounts within a single wallet.
The Trezor Model T offers support for over 1,456 cryptocurrencies, while the Trezor Model One can store 1,289 digital assets.
The Trezor wallets also prioritize security with both the Model One and the Model T featuring strong encryption and password protection. Both wallets have received solid 4.5-star ratings on Amazon, indicating their reliability and trustworthiness in securing users' assets.
In terms of pricing, the Keystone wallet offers a very competitive price point of $129 for the Keystone 3 Pro. This provides users with an affordable option for storing their digital assets securely.
On the other hand, the Trezor Model One is available for $69, making it a cost-effective choice for users looking for a reliable hardware wallet. The Trezor Model T is priced quite a bit higher at $219, offering additional features such as a touchscreen and wider support for cryptocurrencies.
Keystone vs Trezor Features
Keystone Wallet is a user-friendly hardware wallet that offers a range of features designed to enhance security and ease of use. With the Keystone 3 Pro model, users can enjoy a 4-inch touchscreen display, similar to that of a smartphone, making it intuitive and easy to navigate.
This wallet prioritizes user experience and aims to minimize the learning curve associated with hardware wallets. One of the standout features of the Keystone 3 Pro is its clear and readable transaction review format.
This feature addresses concerns around blind signing and ensures that users can confidently review their transactions before approving them.
Additionally, the wallet is equipped with fingerprint recognition, providing quick and secure access to the device and enabling secure transaction approvals, even in public settings.
The Keystone Wallet offers the peace of mind that comes with hardware wallets. It allows users to securely store over 5,000 digital assets across 200 blockchains, including popular cryptocurrencies like Bitcoin, Ethereum, Chainlink, and Uniswap.
With Trezor, users can easily send and receive over 1,000 digital assets, including top cryptocurrencies like Bitcoin, Ethereum, Avalanche, Chainlink, and Uniswap.
The wallet's integration with trusted third-party exchanges enables users to buy and swap 1,000 cryptocurrencies within the wallet. In terms of usability, Trezor Wallet provides users with a visually appealing and user-friendly interface through its Suite App.
Users can easily track the value of their portfolios and access features like buying and swapping cryptocurrencies. The integration with third-party applications allows users to access Dapps and manage transactions securely, with full control over their private keys.
While both Keystone and Trezor Wallets offer a range of features and prioritize security, there are some differences between the two. Keystone Wallet's Keystone 3 Pro model offers a larger touchscreen display, making it more user-friendly, while Trezor Wallet offers it's own mobile application.
The Keystone 3 Pro is renowned for its hardware and user security measures. It incorporates a fingerprint signature feature, ensuring that only authorized users can access the device. This biometric authentication adds an extra layer of protection.
Transparency is another important aspect of Keystone's security framework. The wallet has open-source firmware and hardware, allowing users to assess and refine its functionality. This transparency gives users more confidence in the security and integrity of the wallet.
To further enhance security, Keystone offers an air-gapped feature. This mode deactivates both the USB and Bluetooth functionalities, relying on QR codes for data transmission. By eliminating online connectivity, Keystone significantly reduces the risk of remote attacks or data breaches.
Keystone 3 sets an industry precedent with its PCI-grade anti-tampering mechanism. Any attempts to tamper with the device trigger an instant data deletion, ensuring that users' sensitive information remains protected.
In terms of secure elements, Keystone 3 uses three unique components: Microchip ATECC608B, Maxim DS28S60, and Maxim MAX32520. This triple-layered security architecture adds an additional level of protection for the wallet, safeguarding users' seed phrases and biometric information.
Keystone 3 also stands out by offering the ability to accommodate up to three distinct recovery phrases, each secured with different passwords. This feature allows users to manage multiple crypto accounts within a single hardware wallet, providing convenience without compromising security.
To provide even more secure backup options, Keystone has introduced the Shamir backup feature. This feature allows users to split their secret seed phrases into multiple parts and store them separately, enhancing the resilience and recovery options for their digital assets.
Trezor is another well-known hardware wallet that prioritizes offline security. Trezor wallets never expose users' digital asset information to the internet unless specifically requested by the user.
By keeping users' private keys offline, Trezor offers a high level of protection against potential online threats. One of Trezor's prominent features is its open-source software, which allows for full code auditability.
Keystone vs Trezor Conclusion
In conclusion, both Keystone and Trezor offer impressive security measures to protect users' digital assets.
Keystone focuses on biometric authentication, air-gapped functionality, and triple-layered secure elements to ensure the utmost privacy and protection.
Additionally, Keystone offers unique features such as multiple recovery phrases and the Shamir backup option, providing users with convenient and secure ways to manage their crypto accounts.
Keystone offers support for over 5,000 digital assets and integrations with the most popular software wallets like MetaMask and many others.
Price at a very competitive $129 and by offering a large 4-inch screen, this wallet could make a serious run against Ledger who is the market leader.
Trezor also focuses on offline security by keeping private keys offline and offering open-source software for increased transparency and trust.
The wallet does not offer as many cryptocurrencies as Keystone and offers two models priced at $69 and 219$. None of these models however offer the same user experience as Keystone.
Jack is a crypto writer and reviewer who has been active in the space since he caught the crypto bug in 2017. With a passion for trying out new shiny things, Jack is always eager to try the latest cryptocurrency exchanges, wallets or DeFi applications.