Trezor Model One: Still a Good Option 10 Years In?

Introduction to Trezor Model One

The Trezor Model One, introduced by SatoshiLabs in 2014, was the first-ever hardware wallet to revolutionize cryptocurrency storage. While the world of crypto has evolved significantly since then, with new wallet models and advanced features, the Trezor Model One continues to be a contender in 2025. In this review, we assess whether this decade-old hardware wallet still holds its ground against newer competitors.

Key Features: Are They Still Competitive?

The Trezor Model One supports over 1,000 cryptocurrencies, which is still impressive in 2025. However, the Trezor Model One doesn’t support XRP, SOL, ADA, & XMR, among others. You need to upgrade to Trezor Safe 5 for more token support.

It provides the essentials, such as password management and second-factor authentication, offering solid protection for long-term cold storage. However, as newer wallets (like its successor, the Trezor Model T) introduce more advanced features, such as a microSD slot for encrypted backups and touchscreens, the Model One starts to show its age.

For users looking for just the basics - secure storage and reliable performance - the Model One remains a solid choice. But if you’re after more functionality and flexibility, you may want to explore newer models.

Security: Can the Trezor Model One Keep Up?

In terms of security, the Trezor Model One still holds up remarkably well. The hardware wallet offers cold storage, ensuring private keys remain offline and secure from online threats. Its small screen allows users to verify transaction details independently from the connected computer, an essential feature for mitigating risks. While it lacks modern advancements like touch-based verification or encrypted backups via microSD cards, the Model One’s security practices are still highly regarded. Following best practices like using a strong PIN, passphrase, and safeguarding your recovery seed will keep your crypto assets secure in 2025 and beyond.

Is the Design Still Relevant?

At just 12g and with dimensions of 60x30x6mm, the Trezor Model One maintains a compact, minimalist design that remains effective today. Its simple black-and-white OLED display (128x64px) may feel outdated, especially compared to modern touchscreens, but it gets the job done for verifying transactions. The micro USB Type B connection, however, shows its age, as most modern devices have switched to USB-C. Although the physical buttons work well, users seeking a more modern interface may prefer wallets with a touchscreen.

Price and Value 10 Years in

One of the biggest advantages of the Trezor Model One is its price. At around 60 EUR, it’s one of the most affordable hardware wallets available, which makes it a great option for beginners or those managing smaller crypto portfolios. Given its robust security, it offers excellent value for its price, especially when compared to higher-priced models. However, if you are managing larger portfolios or need advanced features, spending more on a premium wallet like the Trezor Model T might be worth the investment.

Where to Buy

As with any hardware wallet, buying from trusted sources is crucial to ensure you’re getting a genuine product. The safest way to buy a Trezor Model One these days is through the Official Trezor Online Shop or from authorized resellers listed on the Trezor website. Avoid platforms like eBay or unauthorized sellers to protect yourself from potential tampered devices.

Our Take on Trezor Model One for 2025

Despite its age, the Trezor Model One continues to offer reliable, secure cryptocurrency storage in 2025. Its design and feature set may seem basic by today’s standards, but it still delivers where it matters most: security.

For new crypto users, casual investors, or those on a budget, the Trezor Model One remains a viable option. However, those seeking a more modern interface, enhanced functionality, or managing larger portfolios may want to consider upgrading to a newer model. While the Trezor Model One can still serve you well, its limitations are starting to show after 10 years on the market.

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