Hardware wallet maker Trezor’s sales have skyrocketed by 900% week-over-week, as crypto investors seek out more secure ways to store their digital assets.
The spike in sales comes amid concerns about the security of other hardware wallets, such as Ledger. Ledger recently proposed a new feature that would allow users to export their wallet’s private keys to Ledger, which some crypto investors saw as a security risk.
Trezor does not offer a similar feature, and its hardware wallets are known for their high level of security. Trezor wallets store private keys offline, making them much more difficult to hack than hot wallets, which are stored online.
In addition to its security features, Trezor is also known for its user-friendly interface. Trezor wallets are easy to set up and use, even for beginners.
The recent spike in Trezor sales is a sign that crypto investors are becoming increasingly aware of the importance of security. As the cryptocurrency market continues to grow, demand for secure hardware wallets is likely to remain high.