Trezor Model T vs. Keepkey Hardware Wallet Review & Comparison
Whether you already own your first cryptocurrency hardware wallet, or are just beginning to look into the best options to safely store your coins offline, both the Trezor Wallet Model T and the KeepKey are some of the best known and safest options out there.
But what are the key differences between the two wallets that could sway you one way or the other?
We’re comparing the two wallets in terms of supported coins, price, security and more to help you make an informed purchasing decision.
Pricing: Trezor vs KeepKey
For the purpose of this review, we’re talking specifically about the newest Trezor Model T Wallet versus the KeepKey K1-14AM .
Trezor Model T Gen 2 Pricing
The Gen 2 hardware wallet from the Trezor team averages about $165.00 USD
KeepKey K1-14AM Pricing
The KeepKey wallet averages $129.00 USD
Not a huge price difference between the two -- which leaves us asking what are the real differences between these two crypto hardware wallets?
Security of Trezor Wallet vs. KeepKey
Everyone purchasing a hardware wallet is concerned with security -- so which wallet has the best security features?
Trezor Wallet Model T Security:
Pin based security
Additional passphrase security - although one limitation of the passphrase approach is that you have to enter your passphrase into the computer that you use with your TREZOR. For this reason, do not disable your pin even if you also choose to use a passphrase. If you forget this passphrase your coins will be lost...forever.
Virus & Malware Proof - NO battery, WiFi, Bluetooth, fingerprint reader, NFC. Trezor believes fewer features means better security
KeepKey Wallet Security:
Pin based security
Recovery Sentence backup - inputting a twelve-word recovery sentence upon initial set up of your KeepKey wallet is required.
Virus & Malware Proof - very similar to Trezor Model T with no battery, wifi, bluetooth, NFC reader, etc…
Basically, you're equally secure with both options.
Wallet Features Trezor Wallet vs. KeepKey
Of course every hardware wallet comes with different features like their display screens, connectivity, and more.
Trezor Wallet Features:
Color Touchscreen - one of very few wallets that features a gorgeous RGB LCD touchscreen.
USB-C Connector - can connect your Trezor Model T to your cell phone for on the go trading.
No coin limit - unlike other wallets, Trezor has no limit on the number of different coins you can store on a single device.
Premium large display - KeepKey features a 3.12 inch OLED screen but with no color features.
Micro USB-connector - can not connect your KeepKey to your cell phone.
In terms of features, the Trezor Wallet certainly beats the KeepKey as it is a newer model with more bells and whistles.
The Trezor Model T would certainly be considered the premium option when choosing between the two.
Supported Coins Trezor Wallet vs. KeepKey
One of the biggest factors in choosing a wallet, besides security, is the actual coins the wallet supports. Every hardware wallet is actively working on supporting more coins, yet they’re taking different approaches to this.
Trezor Wallet Model Supported Tokens:
Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Ethereum Classic, DASH, Zcash, Namecoin, Dogecoin, and a variety of other ERC-20 Tokens
For Ethereum Classic & ERC 20 Tokens, Trezor utilizes MyEtherWallet. All other wallet interfaces are done via their proprietary Trezor Wallet.
KeepKey Wallet Supported Tokens:
Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Dash, Dogecoin, Bitcoin Gold and multiple ERC-20 Tokens: Aragon, Augur, Basic Attention Token, Civic, District0x, FunFair, Golem, Gnosis, OmiseGo, SALT, Bancor, ICONOMI, Melon, SwarmCity, Wings, iExec, Status, Numeraire, Metal, TenX, Qtum, 0x, FirstBlood, Ripio Credit Network, SingularDTV, DigixDAO, WeTrust, Matchpool, Edgeless, Polymath, Tether, Binance Coin and Storj
KeepKey features seamless vertical integration with the popular Shapeshift.io
Downsides for Both Hardware Wallets
Nothing is perfect in life -- including cryptocurrency hardware wallets.
Trezor Model T Downsides
No built in Ethereum support in the Trezor Wallet software.
Poor customer support reviews online (however, retailers such as The Crypto Merchant offer premium customer support for free to their customers).
Small screen can be an inconvenience.
KeepKey software interface doesn’t show your cryptocurrency value in fiat
Development team seems slower to release updates & new supported tokens
Choosing a Hardware Wallet: Between Trezor’s Model T & KeepKey
In terms of choosing which hardware wallet to purchase, both options are safe and simple to use and should get the job done. The deciding factors come down to which tokens you own and therefore need supported by the wallet, your aesthetic preferences, and how important mobile connectivity is to you.
Ultimately, the most important thing when choosing a hardware wallet is to ensure you’re buying from a trusted source to ensure your safety and security. You can buy the Trezor Model T and KeepKey right here at The Crypto Merchant, which is an Authorized Trezor and KeepKey partner.