What if Trezor Goes Bankrupt or Out of Business?

Answer

Though Trezor has its own wallet software, fortunately — if ever Trezor’s company — SatoshiLabs, goes bankrupt and goes out of business, you can still use your Trezor hardware wallet to connect to other software wallets such as Electrum(for Bitcoin), or MetaMask(for Ethereum).

Alternatively, you can simply import your Trezor’s 12-24 word backup phrase to a competing hardware wallet, or you could also import the backup to almost any software wallet as a last resort.

For a full list of other wallets that a Trezor hardware wallet is compatible with, you can refer to Trezor’s list here.

Where should I buy a Trezor wallet?

Though you can purchase Trezor hardware wallets through other 3rd party websites, we heavily recommend purchasing a Trezor hardware wallet through Trezor’s official website instead, for security purposes.