Secure ElementOpen SourceUSBBT100+ networks
Trezor Model One vs UKey Core 26
Trezor Model One offers open-source code. UKey Core 26 features NFC connectivity, iOS support, a 3.5" color touchscreen — and costs $209 less.
2 wallets
USB vs NFC
$209 price gap
iOS support differs
Security notice ·
October 2026: suspected implant in a Trezor bought from CryptoBilis
On 28 October 2026 Trezor received a report from a buyer in Indonesia of an extra circuit board inside a Trezor Safe 5 bought in August 2026 from CryptoBilis, the same Southeast Asian reseller whose Ledger devices carried hardware implants. According to the report, the board sits between the main board and the screen, reads what the screen shows, including the recovery phrase, and sends it out over a mobile network. Trezor has not yet examined the device, calls the report credible and is having the unit sent to its lab.
Trezor says it has no reports involving any other reseller and no evidence that any customer has lost funds; the person who reported the implant had already moved their funds. Trezor removed CryptoBilis from its authorized resellers on 9 October 2026.
Trezor’s advice applies to every Trezor model bought from CryptoBilis from March 2026 onwards:
- If the device is not set up yet, do not set it up and never enter an existing recovery phrase on it.
- If you already use it, move your funds as soon as possible to a new wallet with a newly generated recovery phrase. Restoring the old phrase on another device does not help.
- Keep the device and contact Trezor Support: affected buyers can get a new device or a voucher. Do not open it; Trezor says weighing it is not a reliable test.
The report concerns how one device reached a buyer, not the device design, so it does not change our ratings. We will update this notice when Trezor publishes the result of its examination.
Sources
Open-formula rating|40+ criteria analyzed|Last updated November 2026|No sponsored rankingsSee methodology
Key Takeaways
- UKey Core 26 wins in security (92/100)
- UKey Core 26 wins in ease of use (78/100)
- Trezor Model One is more affordable ($49)
- Both support 47+ cryptocurrencies
- Best for beginners: Trezor Model One (easier setup)
Trezor Model One vs UKey Core 26: Key Differences
Both Trezor Model One and UKey Core 26 can keep your crypto safe — the real question is which one fits the way you actually use it. We've put both through our open-formula scoring on 40+ criteria: Trezor Model One (Trezor) lands at 44/100, UKey Core 26 (UKey) at 70/100. The $209 gap between $49 and $258 isn't arbitrary — these are two different bets on what matters in a hardware wallet, and the right pick depends on which bet you'd take.
Winner by Category
Which wallet leads in each area
Security
Trezor Model One29/100
UKey Core 26Winner92/100
Ease of Use
Trezor Model One44/100
UKey Core 26Winner78/100
Price
Trezor Model OneWinner$49
UKey Core 26$258
Coin Support
TieTrezor Model One47+
UKey Core 2650+
Privacy
Trezor Model OneWinner79/100
UKey Core 2633/100
Beginner Friendly
Trezor Model One44/100
UKey Core 26Winner78/100
Comparing:
Trezor Model One
UKey Core 26
Comparison Table
Key specifications for your decision
| Criteria |  Trezor Model One Trezor $49 |  UKey Core 26 UKey $258 |
|---|---|---|
Overall Rating | 44 | 70 |
Security | 29 | 92 |
Usability | 44 | 78 |
Price | $49 | $258 |
A secure element is a tamper-resistant chip built to store secrets and resist physical attacks such as side-channel analysis and fault injection. Learn more — Secure Element | No | Yes |
Open Source Firmware refers to firmware in hardware devices, like wallets, where the source code is publicly available, allowing transparency, auditability, and customization. Learn more — Open Source | Firmware | Firmware |
Bluetooth Connectivity enables wireless communication between devices, like hardware wallets and smartphones, using Bluetooth or Bluetooth Low Energy (BLE) for secure data transfer. Learn more — Bluetooth | No | Yes |
USB | Yes | Yes |
Networks | 47+ | 50+ |
Wallet apps | — | — |
A passphrase is an additional security layer for cryptocurrency wallets, acting as a 25th word in the BIP39 seed phrase, protecting access to hidden wallets. Learn more — Passphrase | Yes | Yes |
A touchscreen display is a screen that allows users to interact with a device by touching the surface, commonly used in hardware wallets for easy navigation and transaction confirmation. Learn more — Display | OLED (Monochrome, 128x64) | Color Touchscreen, 480 X 800 |
Recovery is the process of restoring access to a cryptocurrency wallet using its seed phrase or mnemonic backup if the original wallet is lost or inaccessible. Learn more — Backup Method | 24-word seed | 24-word seed |
Setup Time | ~5 min | ~10 min |
IP Rating refers to the level of protection a device has against dust and water, often used for hardware wallets to indicate their durability in various environments. Learn more — Water Resist | None | None |
Which other apps each device works with, and how it connects: software compatibility matrix
Our Verdict: Trezor Model One or UKey Core 26?
Trezor Model One is discontinued
Trezor no longer sells this model. If you already own one, the full review covers how to keep using it; for a new purchase, pick one of the models on this page that are still on sale.
Choose UKey Core 26 if...
- You need iPhone (iOS) compatibility
- You want wireless NFC connectivity — no cables needed
- You actively use DeFi and WalletConnect dApps
- You want a modern touchscreen interface
Skip UKey Core 26 if...
- ×Budget is tight — you'd be better served by a cheaper option in this comparison
Our pick for most users
Based on the overall rating, UKey Core 26 scores 70/100 and offers the best balance of security, usability, and value in this comparison.
Bottom line: UKey Core 26 is our pick — it leads on both security and ease of use, and the overall score reflects that. If budget is real, Trezor Model One comes in $209 cheaper without giving up the basics.
Price: Trezor Model One vs UKey Core 26
Trezor Model One costs $49, while UKey Core 26 is priced at $258 — a $209 difference. The extra cost of UKey Core 26 gets you a 26-point higher overall rating. For budget buyers, Trezor Model One offers solid security at a lower price point.
Who Should Pick Which Wallet
Recommendations based on real-world use cases
Trezor Model One
$49Best for:
AffordableCoin controlTor supportFull node support
Pros
- +Open-source firmware and hardware, with reproducible firmware builds
- +Trezor promises critical security updates until at least 2036; latest firmware released October 2026
- +Standard 24-word BIP39 backup, restorable in other BIP39 wallets
- +Passphrase support, which protects funds even against the known physical attack
Cons
- −No secure element: the seed can be extracted with physical access unless a passphrase is used
- −Discontinued: Trezor no longer sells it, and new coin support is not promised
- −No clear signing for most transactions: the device shows raw data
- −Passphrase and recovery words are typed on the computer, not on the device
UKey Core 26
$258Best for:
Built-in batteryWalletConnect supportAndroid supportiOS support
Pros
- +Large 3.5-inch 480 × 800 color touchscreen, with optional fingerprint unlock
- +Firmware source published on GitHub (v1.5.0, GPLv3/LGPLv3/MIT); images are signed 4-of-7
- +Four chips: two ACL16 secure chips plus UKey's in-house UKS-101 and UKS-102
- +QR Air-Gap mode switches off Bluetooth, USB and NFC for Bitcoin and EVM signing
Cons
- −No independent security audit or reproducible builds yet; UKey describes both as planned
- −EAL6+ is vendor-stated: no certificate published, and the ACL16 chip maker is not disclosed
- −The UKey Wallet companion app is closed source
- −Optional Turbo mode (EVM, Solana) shows only the network on screen, not transaction details
Best for These Profiles
🔒
Security maximalist
UKey Core 26 — highest security score, on-device verification
✈️
Frequent traveler
UKey Core 26 — compact, durable, no cables needed
🌐
DeFi & Web3 enthusiast
UKey Core 26 — WalletConnect and dApp support
📷
Air-gap purist
UKey Core 26 — signs over QR codes or a memory card, no cable or radio
Pre-Purchase Checklist
Important points to verify regardless of your choice
Every wallet linked here ships from its manufacturer's official store with full warranty.
Trezor Model One vs UKey Core 26: Frequently Asked Questions
Answers about Trezor Model One vs UKey Core 26
Is Trezor Model One better than UKey Core 26?
On the numbers, UKey Core 26 comes out ahead — 70/100 vs 44/100 — but 'better' isn't quite the right frame. Trezor Model One is more affordable at $49, which matters more for some buyers than overall score does. If overall rating is what you actually weigh first, take UKey Core 26. If budget is the constraint that shapes your decision, Trezor Model One is the smarter buy. Either way, both are real hardware wallets — neither is a mistake.
How much do Trezor Model One and UKey Core 26 cost?
Trezor Model One costs $49, UKey Core 26 costs $258. These are list prices for the standard edition from official manufacturer stores. A few things worth knowing: hardware wallet prices barely move during the year, so 'waiting for a sale' rarely pays off — Black Friday is the one exception, with 10–20% off being typical. Avoid third-party listings even if they're cheaper; the supply chain risk on a tampered device wipes out any savings the first time you load funds. And don't buy a 'used' hardware wallet, ever — even if it claims to be reset.
Can Trezor Model One be used on iPhone (iOS)?
No — Trezor Model One has no iOS app today, and there's no public roadmap for one. It works fine with Android, Windows, macOS, and Linux, but iPhone users are out of luck. If your primary device is an iPhone and you don't want a separate computer just to manage crypto, UKey Core 26 is the practical pick: it has a native iOS app and the full feature set works over Lightning or Bluetooth.
Which wallet is better for DeFi and Web3: Trezor Model One or UKey Core 26?
Trezor Model One — and the gap is bigger than the spec sheets make it look. Trezor Model One has WalletConnect built in, which means you sign DeFi transactions directly from a hardware wallet without exposing keys to a hot wallet. UKey Core 26 can technically work with DeFi via third-party software, but every extra step is one more place an attacker can intercept the transaction you're approving. If you're going to be clicking 'Sign' on smart contracts more than once a month, the difference compounds fast.
Trezor Model One vs UKey Core 26: which has better backup options?
Trezor Model One uses a standard 24-word seed phrase. UKey Core 26 uses a standard 24-word seed phrase. Both work — but they reflect different ideas about what 'backup' should be. The seed phrase approach (BIP-39) is the open industry standard: portable across most wallets, well-documented, and recoverable on any compatible device. The downside is well-known too — it's a piece of paper that's a single photograph or careless moment away from disaster. Card-based backups can't be photographed and don't write themselves down, but they're proprietary, which means you trust one manufacturer to stay in business and keep the format alive. Pick based on which failure mode worries you more.
Do Trezor Model One and UKey Core 26 come with a warranty?
Yes — both ship with a manufacturer warranty (typically 1–2 years) when bought from the official store. That said, a hardware wallet warranty is mostly about hardware defects, not lost funds. If the device fails, the manufacturer will replace it — but your seed phrase or backup cards are what actually restore your crypto onto the new device. The warranty is real but secondary; what protects your funds is your backup discipline, not a piece of paper from {{wallet1}} or {{wallet2}}.
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