What is a standard wallet in Trezor suite?

By default, the Trezor Model One creates a wallet with a 24-word seed phrase, whereas the Trezor Model T generates a wallet using a 12-word seed. This is referred to as your 'Standard wallet' in Trezor Suite. By using a passphrase, you're effectively adding an extra word to the seed phrase, creating a brand new 'Hidden wallet'.

What is a Trezor and how does it work?

Your Trezor uses this string of standard English words to generate your private keys, serving as a kind of 'master access key' for unlocking access to your Bitcoin funds. By default, the Trezor Model One creates a wallet with a 24-word seed phrase, whereas the Trezor Model T generates a wallet using a 12-word seed.

What is the passphrase feature in Trezor suite?

The passphrase feature in Trezor Suite is a method used to increase the security of your assets by creating unique hidden wallets. This helps to protect your accounts from unauthorized access. How does it work? A passphrase functions like an extra word added to your recovery seed Using your recovery seed alone grants access to your Standard wallet

Is Trezor a good cryptocurrency wallet?

The bottom line: Trezor's hardware cryptocurrency wallets are a good choice for users seeking simple, offline storage with high security. There are no native staking or NFT features, however, so users looking for more Web 3 access might prefer a device from competitor Ledger.