Safeguard Cryptocurrency With Trezor Hardware Wallet With Passphrase Encryption

Dec 21, 2023

Wondering how to protect your cryptocurrency from hackers and scammers? Then check out The Crypto Merchant’s guide to the best crypto security on the market!

Unlike ‘real money’, crypto is not currently insured by the FDIC, meaning that, if a hacker manages to steal your digital coins, it’s unlikely you’ll ever get them back. A terrifying prospect and one that you want to make sure never happens. So how do you go about protecting your digital wealth?

In a guide, The Crypto Merchant recommends investing in cold-storage protection as a way to safeguard your cryptocurrency from remote hacking. 

The guide comes in response to crypto’s recent mainstream growth, with over 420 million people now owning cryptocurrency worldwide. The piece assesses the reliability of the Trezor brand in protecting your digital assets, citing offline cold-storage wallets as a safer alternative to hot-storage alternatives.

Go to to find out more.

Crypto Hacking Statistics

According to research from Chainalysis, cyber criminals were responsible for stealing a record $3.8 billion in cryptocurrency in 2022, showing a 15% increase from the previous year. October 2022 saw the most crypto hacking attempts, with over $775 million stolen in this month alone. Therefore, the demand for secure crypto storage continues to rise as crypto users look to protect their assets from modern threats. With its helpful guide, The Crypto Merchant supports you in choosing the best hardware wallet to safeguard your cryptocurrency.

So Which Hardware Wallet Should I Choose?

The guide focuses on Trezor’s flagship model - the Trezor Model T - pointing to its passphrase encryption in providing unparalleled protection. “You can create a hidden wallet within your Trezor device by enabling passphrase encryption, which adds extra protection against unauthorized access,” says the guide.

Unlike other popular crypto wallets, the Trezor Model T offers unlimited coin storage, allowing you to store your full range of cryptocurrency, including Bitcoin, Ethereum, and Litecoin, on one single device. All confidential data is backed up on Trezor’s recovery sheet page, which is included inside the device. “Your private keys are never held or known by Trezor or a third party: they are locked in your Trezor and secured by its rigorously peer-reviewed open-source technology.”

With its simple color LED interface, the Trezor Model T is well known for ease of use and has become one of the most accessible devices on the market, says The Crypto Merchant. Thanks to its USB-C input, the Trezor Model T can be used on the go by connecting it to your mobile device. Similarly, the unit also includes an SD card slot and a robust processor to allow for offline transaction signing. It couldn't be easier!

The Crypto Merchant stocks both Trezor Model T and Trezor One hardware wallets, offering discounts on family packs and brand bundles.

For unbeatable security, choose Trezor! Head over to before it's too late.

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