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Interface and ease of use

By default, the Model T can handle multiple cryptocurrencies, but users can also switch to a Bitcoin-only firmware that has been designed to exclusively tackle Bitcoin operations.

The device also gets exclusive security features such as the Shamir Backup, which can create up to 16 shares that you can use to recover your crypto if something untoward happens to your device.

Another convenience feature is the inclusion of in-wallet exchanges. You can use these to both buy crypto using fiat currencies and convert from one crypto to another, all from within Trezor.

In terms of operating system compatibility, the Trezor works with Windows, macOS and Linux, as well as with Android via OTG support. There's no support for iOS though.

To get started you'll have to use one of the four documented mechanisms to get the Trezor to communicate with its browser-based Trezor Wallet app. Trezor Bridge is the recommended option. Once it's installed you can fire up one of the supported browsers, namely Chrome and Firefox, and head to the Trezor Wallet website.

The wallet website will help you set up the device and manage your crypto. It has native support for Bitcoin, Bitcoin Cash, Bitcoin Gold, Litecoin, Dash, Zcash, Dogecoin and Vertcoin. For everything else you'll have to rely on a third-party wallet.

The app is fairly intuitive and you can use it to configure two-factor authentication through the Universal Second Factor (U2F) standard. The device can also be used as a FIDO2 security key on supported services as well.

In addition to the web-based Trezor Wallet app, SatoshiLabs is also working on a new desktop app called Trezor Suite, and is currently in public beta.

Transferring funds

As soon as the Trezor is connected to its web-based wallet app, you'll be asked to create a new wallet. As ever, you should always create a backup as soon as you create a new wallet, and jot down its recovery seed to make sure the wallet is recoverable.

The process to send and receive crypto is straightforward. Switch to the Receive tab and generate a receive address in the app, which you'll then have to confirm on the Trezor Model T as an added security measure.

You can also tap the QR button on the Trezor to view the QR code of the address, which your sender can scan to initiate the transfer. As soon as a payment is received it'll be listed under the Transaction tab.

To send crypto, first type in the destination address for your transaction or scan the recipient's QR code. The Trezor Wallet app allows you to send funds to multiple recipients in one transaction, which will help you save on transaction fees if you want to make multiple transactions.

You can then insert the amount of crypto you want to send, and the app will display the approximate fiat equivalent as well. The app has four predefined transaction fees, namely low, economy, normal and high. You can choose one of these for your transaction, or use the option to specify a custom fee.

Again, once you press send in the web app, you will be asked to confirm the transaction on the Trezor as well.