Trezor® Wallet® | The Original Hardware Wallet

Trezor is the world's original Bitcoin hardware wallet, protecting coins for thousands of users worldwide. What makes Trezor even better is…

This is probably one of the most used terms you will see in the cryptocurrency world. While it may seem quite straight-forward, confusion can arise when the term is used in a wrong context. Let’s have a closer look at what we mean by the word “wallet”.

Compare your Trezor with the wallet that you carry with you on a daily basis. In your wallet, you may have debit cards to different bank accounts, credit cards, personal documents, fiat bills, maybe even different currencies. The wallet in your Trezor is similar — there are separate pouches for different currencies: one for Bitcoin, one for Ethereum, also one for your U2F identity, etc. Everything you need is in one wallet.

Sounds a bit like the Recovery Seed described in our previous article, doesn’t it? Each seed generates only one wallet, and your Trezor lets you manage its contents. Therefore, under normal circumstances*, you have exactly one wallet “in” your Trezor.

This wallet is further subdivided into currency-specific wallets, such as your Bitcoin wallet, Ethereum wallet (incl. ERC-20 tokens), Litecoin wallet, Zcash wallet, and so on. All are derived from the same seed, but managed separately for better orientation.