Trezor® Wallet®
Protect your cryptocurrencies with Trezor Wallet's industry-leading security features. Take control of your assets and trade with confidence.
Last updated
Protect your cryptocurrencies with Trezor Wallet's industry-leading security features. Take control of your assets and trade with confidence.
Last updated
Using the Trezor Wallet itself does not involve any additional fees beyond the initial cost of purchasing the hardware wallet. However, there are some potential fees to consider when using the wallet in conjunction with cryptocurrency transactions:
Transaction Fees: When sending cryptocurrencies from your Trezor Wallet to another address, you'll typically incur transaction fees. These fees are paid to the network of the respective cryptocurrency (e.g., Bitcoin, Ethereum) to prioritize and confirm your transaction on the blockchain. The fees can vary depending on network congestion, transaction size, and other factors.
Exchange Fees: If you use the Trezor Wallet to exchange one cryptocurrency for another using an integrated exchange service, such as through the Trezor Wallet's partnership with exchanges like Changelly or ShapeShift, you may encounter exchange fees. These fees vary depending on the exchange rate and any additional charges imposed by the exchange service.
Third-Party Service Fees: While Trezor Wallet itself is fee-free, if you use third-party services or applications that integrate with Trezor Wallet, such as portfolio trackers or tax reporting tools, those services may have their own fees or subscription charges.
Fees for Advanced Features: Some advanced features of Trezor Wallet, such as enabling passphrase protection or using custom transaction settings, may have associated costs. However, these features are optional and not required for basic wallet functionality.
It's essential to be aware of these potential fees and factors when using Trezor Wallet for cryptocurrency transactions. Users can usually adjust transaction fees within the wallet interface to prioritize speed or cost-effectiveness, depending on their preferences and urgency of the transaction.