Cryptocurrency Coins Compatible With Trezor: A Comprehensive Guide

Trezor is a popular brand of hardware wallets that allow users to store and manage their cryptocurrencies securely and conveniently. Hardware wallets are physical devices that store the private keys of your coins offline, protecting them from hackers and malware. However, not all coins compatible with Trezor.

Choosing the right coin for your Trezor is crucial for maximizing your benefits and avoiding potential issues. In this article, we will explore the different types of coin compatibility with Trezor: native, third-party, and EVM-compatible networks.

Native Support – Coins Directly Managed by Trezor Suite

Trezor boasts native support for select cryptocurrencies, granting you the convenience of direct management through the official Trezor Suite software. This all-inclusive application serves as the primary interface for Trezor hardware devices, empowering users to effortlessly send and receive coins, monitor balances and transactions, and fine-tune settings. 

Prominent cryptocurrencies enjoying native support include Bitcoin, Ethereum, Cardano, Litecoin, and Dogecoin. For a comprehensive list of natively supported coins, refer to the Trezor website.

coins compatible with trezor

The advantages of native support are unmistakable. It enables you to harness the full functionality and user-friendly nature of Trezor Suite, eliminating the need for external apps or services. 

What’s more, you can bask in the heightened security provided by Trezor, safeguarding your assets against unauthorized access, phishing attempts, and theft. Trezor devices offer advanced features such as passphrase encryption, recovery seed backup, and PIN protection, enhancing your peace of mind.

Furthermore, some of the cryptocurrencies with native support come equipped with supplementary features that enrich your cryptocurrency experience and potential rewards. Take Cardano, for instance, where users can seamlessly stake their ADA coins directly from Trezor Suite, earning passive income while ensuring the safety of their holdings. 

Staking involves locking your coins in a smart contract and participating in the network consensus, bolstering security and transaction validation. By participating in staking, you not only reap a portion of network fees and rewards but also contribute to Cardano’s development and decentralization efforts.

Third-Party Support – Managing Additional Coins via External Wallets

In instances where your cryptocurrency of choice isn’t natively supported by Trezor, you can still effectively manage it by employing third-party applications that seamlessly integrate with your Trezor device. 

coins compatible with trezor

These third-party applications, essentially external wallets or services, facilitate the connection to your Trezor, granting them access to your private keys and enabling you to oversee your assets through their tailored interfaces. Several well-regarded third-party wallets compatible with Trezor include MyEtherWallet, MyCrypto, Exodus, and Electrum.

Third-party wallets predominantly come into play when you’re dealing with coins that employ distinct protocols or standards compared to those natively supported by Trezor. Consider Monero, a privacy-focused cryptocurrency that relies on a unique cryptographic algorithm distinct from Bitcoin. 

To manage Monero, one would require a specialized wallet such as Monero GUI or Monerujo. Similarly, Tezos, known for its support of smart contracts and decentralized applications, necessitates dedicated wallets like TezBox or Galleon. 

Another notable category is ERC-721 tokens, which represent non-fungible tokens (NFTs) embodying unique digital assets like art, collectibles, or gaming items. The management of these tokens is aptly handled by wallets like MetaMask or Enjin.

The adoption of third-party wallets alongside Trezor offers several advantages, permitting an expanded array of supported coins and access to features unavailable within the Trezor Suite. Users can delve into the management of NFTs, participate in DeFi protocols, or employ DApps with their Trezor devices. 

However, it’s imperative to recognize certain drawbacks associated with this approach. You might encounter additional setup procedures, including the installation of the third-party application, network selection, and address verification. 

Moreover, entrusting third-party applications with your data and transactions requires meticulous consideration, demanding assurance of their reputation and security.

coins compatible with trezor

EVM-Compatible Networks – Expanding Your Trezor Reach

An effective method to broaden your coin management capabilities with Trezor is by harnessing tokens on EVM-compatible networks. EVM, which stands for Ethereum Virtual Machine, serves as the foundational component of the Ethereum network responsible for executing smart contracts and facilitating transactions. 

EVM-compatible networks encompass alternative blockchain ecosystems employing either identical or closely related technology to Ethereum, thereby accommodating tokens adhering to Ethereum’s standards. Among the well-known EVM-compatible networks are Binance Smart Chain, Polygon, Avalanche, and Cronos.

Trezor Suite readily accommodates tokens on these EVM-compatible networks, akin to how it handles ERC-20 tokens on the Ethereum network. ERC-20 tokens, representing a diverse range of cryptocurrencies, utility tokens, and governance tokens, are commonplace within the Ethereum ecosystem. 

To manage tokens on EVM-compatible networks, you simply integrate the network into your Trezor Suite setup, enabling seamless sending and receiving of tokens. Furthermore, you have the option to include custom tokens not officially listed in Trezor Suite by providing their contract address, symbol, and decimal details.

Managing ERC-20 tokens and tokens on other EVM networks shares commonalities, such as adhering to similar formats and standards, and requiring a nominal amount of the native coin (e.g., ETH or BNB) to cover network fees. However, it’s crucial to recognize disparities as well. 

coins compatible with trezor

Network fees on EVM-compatible networks may fluctuate depending on factors like network congestion and demand, potentially rendering them more or less cost-effective compared to Ethereum. Additionally, the security, reliability, decentralization, and governance structures of these EVM-compatible networks may diverge from Ethereum, warranting careful consideration when navigating the ecosystem.

Factors to Consider When Choosing a Coin for Your Trezor

When deciding on the right cryptocurrency to store on your Trezor hardware wallet, it’s crucial to take various factors into account. Here are some key considerations:

Security and Stability

When considering which cryptocurrency coins to store on your Trezor, security and stability should be at the forefront of your decision-making process. The crypto landscape can be turbulent, and ensuring that your digital assets remain safe and dependable over time is essential. Here are key factors to assess:

  • Market Cap: Coins with a substantial market cap tend to exhibit greater stability and enjoy wider recognition within the crypto space. These attributes can be indicative of a coin’s ability to withstand market fluctuations and maintain its value.
  • Development Activity: Regular updates and active development within the coin’s ecosystem signify ongoing improvements and security enhancements. This is a positive indicator that the coin’s developers are dedicated to maintaining its functionality and security, which is crucial for long-term viability.
  • Community Support: A robust community can provide support during challenging times, contribute to the coin’s development, and foster trust among users. Community-driven projects often demonstrate greater stability and adaptability.
coins compatible with trezor

Personal Preference and Goals

Your choice of cryptocurrency for your Trezor wallet should align with your personal preferences and investment objectives.

  • Speed, Cost, and Scalability: If you require swift transactions with low fees and scalability potential, coins like Litecoin or Polygon may fit your preferences. These cryptocurrencies are known for their efficiency in facilitating everyday transactions.
  • Privacy and Anonymity: Cryptocurrencies like Monero or Zcash incorporate advanced privacy features, allowing users to conduct transactions with a higher degree of confidentiality. If privacy is paramount, these options should be on your radar.
  • Smart Contracts and DApps: If you’re interested in supporting the world of smart contracts and decentralized applications (DApps), consider coins like Ethereum or Cardano. These platforms are renowned for their robust ecosystems, fostering innovation and enabling the creation of a wide range of DApps for various purposes.
  • Passive Income and Rewards: For those seeking passive income and rewards, certain coins offer opportunities through staking or other mechanisms. Tezos and Cosmos are examples of cryptocurrencies that allow users to earn rewards by participating in network validation and governance.

Stay Informed

In the dynamic world of cryptocurrencies, staying well-informed about the compatibility of your Trezor wallet with various coins is crucial to ensure your digital assets remain secure. To stay current with the latest compatibility information, consider the following steps:

  • Official Trezor Support Page: The official Trezor support page should be your first port of call. It serves as the authoritative source for the most up-to-date information regarding compatible coins. Be aware that cryptocurrency support can change over time due to technological developments or firmware updates.
  • Trezor Blog and Social Media: Trezor continually strives to expand its compatibility with additional coins and networks, and they often share exciting news and upcoming integrations via these channels. Following Trezor’s blog and social media accounts ensures you’re among the first to know about new additions and improvements to your wallet’s capabilities.
coins compatible with trezor

By carefully considering these factors and staying informed, you can make an informed decision when choosing the right coin to store on your Trezor hardware wallet.


Can I Store Solana On Trezor?

Yes, you can securely store your Solana (SOL) and Solana Program Library (SPL) tokens on Trezor hardware wallets. Trezor offers two options: the Trezor Safe 3 and the Model T. 

The Trezor Safe 3, priced at $79, features a special chip that enhances security. On the other hand, the Model T, available for $179, includes a user-friendly touchscreen interface. 

These hardware wallets provide a reliable solution for safeguarding your Solana assets and ensuring peace of mind.

Is Trezor Safer Than Ledger?

The safety comparison between Trezor and Ledger depends on your individual preferences and priorities. Both companies are renowned for their hardware wallet security features. 

Trezor uses a single-chip base, while Ledger utilizes a double-chip base known as the Secure Element (SE), offering an additional layer of protection against hardware attacks. Your choice between Trezor and Ledger should align with your specific security requirements.

How Do You Get Coins On Trezor?

To receive cryptocurrency on your Trezor wallet, you can generate a receiving address and display it as a QR code. Importantly, your Trezor device does not need to be powered on or connected to receive transactions. You can either write down or print the generated address and use it to receive funds at your convenience.

coins compatible with trezor

Can Someone Hack Trezor?

While it is theoretically possible for a malicious party to steal your Trezor and replace it with a counterfeit device, there are security measures in place. 

If a fake device with a wireless transmitter were used, it could potentially transmit any PIN input it receives, granting the attacker access to your funds. However, the likelihood of such an attack is relatively low.

It’s crucial to follow best practices such as keeping your recovery seed secure, using strong PINs and passphrases, and keeping your device firmware up to date to minimize the risk of unauthorized access to your Trezor wallet. As long as you follow recommended security measures, Trezor is a reliable choice for safeguarding your cryptocurrencies.

Can You Swap Coins On Trezor?

Yes. You can easily swap coins using the Exchange feature within Trezor Suite. 

Specify the amount of cryptocurrency you wish to exchange or its equivalent fiat value. Then, choose the cryptocurrency you want to receive in exchange from the available options in the drop-down menu. Trezor provides a user-friendly platform to manage your coin swaps securely.

Does Trezor Report To IRS?

Trezor, the product developed by Satoshi Labs, does not have a built-in mechanism for automatically reporting user transactions or financial data to tax authorities like the IRS or HMRC. 

The responsibility for tax compliance falls on the individual users of Trezor wallets. Users must keep accurate records of their cryptocurrency transactions and report their taxable income to the relevant tax authorities by their jurisdiction’s tax laws. 

Trezor prioritizes user privacy and security, and its design does not involve automatic reporting to tax authorities, emphasizing the importance of personal responsibility in tax compliance.


In the realm of cryptocurrency, knowledge is power, and security is everything. As we conclude our comprehensive guide on cryptocurrency coins compatible with Trezor, we’ve uncovered the invaluable role these hardware wallets play in safeguarding your digital assets. 

Whether you’re a seasoned crypto enthusiast or just beginning your journey, Trezor’s compatibility with a wide range of coins ensures you have a secure and convenient storage solution at your fingertips. By choosing Trezor and understanding the compatibility of your favorite coins, you’re taking a crucial step towards protecting your investments and embracing the future of financial sovereignty in the digital age.

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