Trezor Suite features, explained

Trezor Suite is deliberately opinionated about what belongs in a wallet app. It covers the jobs you do regularly — checking balances, receiving funds, sending funds, adjusting privacy — and hands the jobs that need a third party (buying with a card, swapping, staking) to integrated partners that you approve case by case. Nothing in the app can move funds without a physical confirmation on the device.

Below is what each part of the interface is for, and the settings that are worth understanding early.

Dashboard and portfolio tracking

The dashboard is the screen you land on. It answers one question at a glance: what is my total balance worth right now, and how has it changed? Suite multiplies your holdings by current market rates and displays the result in the fiat currency you pick — dollars, euros, pounds and a long list of others.

Two details make the chart more useful than a simple number:

• Time ranges. You can switch between day, week, month, year and longer windows, and the chart scales the history to your own transaction dates rather than pretending you held the asset forever.
• Per-account breakdown. The total is the sum of separate accounts, so a decline in one asset does not hide an increase in another. Selecting an account filters the view to that account only.

Because the app is open source, the way it fetches prices and balances is inspectable. If you would rather not query third-party rate services at all, the privacy settings on the security page let you route requests through Tor or supply your own backend.

Accounts and asset support

Suite organises your holdings into accounts. An account belongs to one asset — a Bitcoin account, an Ethereum account, and so on — and holds a set of addresses derived from the same recovery seed. You can create several accounts for the same asset to separate purposes: one for long-term holding, one for spending, one for a specific project.

Supported assets cover the well-known names and a much longer tail of tokens and networks. Bitcoin, Ethereum and the ERC-20 tokens on top of it, Litecoin, Cardano, Dogecoin and many more are handled natively; a further set of networks works through the same interface for balance and transfer operations. The authoritative, always-current list is the supported coins page on the official website, since coverage grows with firmware and app releases.

Each account keeps its own transaction history with dates, amounts, confirmation status and the counterparty address. You can search and filter it, and export it as a CSV file if you track your holdings in a spreadsheet or need records for tax purposes.

Sending and receiving

Receiving is the safer of the two operations and a good first test. Suite generates a fresh address for the account, shown as text and as a QR code. Because addresses can be verified on the hardware wallet screen, you should compare them before sending anything of size — a compromised clipboard or a tampered app would not survive that check.

Sending follows a deliberate rhythm:

1. Choose the account and paste or scan the recipient address.
2. Enter the amount, either in the asset or in your fiat currency.
3. Pick a fee level, or set the fee manually.
4. Review the summary, then connect and unlock the device.
5. Check the address and amount on the hardware wallet screen and confirm physically.

The signed transaction is then broadcast to the network, and Suite tracks it through pending, confirmed and, in rare cases, dropped states. A transaction that never confirms is not lost — it simply has not been mined, and can be rebuilt with a higher fee.

Fee levels and coin control

Fees are where most confusion happens, so Suite exposes them rather than hiding them.

• Preset levels. Low, normal and high presets translate current network conditions into an estimated confirmation time. Low costs less and waits longer.
• Manual fees. Advanced users can set the fee rate directly, which is how you rescue a stuck transaction or deliberately save on a cheap weekend.
• Coin control. On Bitcoin accounts you can choose which individual coins (UTXOs) the transaction spends, instead of letting the app pick. This is what makes it possible to avoid merging a KYC-linked coin with a privately acquired one in the same transaction.
• Address types. When you add a Bitcoin account you choose the address format — legacy, SegWit or native SegWit/Taproot — which affects fees and compatibility with older services.

Buying, selling, swapping and staking

Suite includes a trade section that connects you to regulated third-party providers without handing them custody of your wallet. You compare offers, pick one, and the assets are delivered to an address derived from your own device — or bought directly to your Trezor account where the provider supports it.

What you will find there:

• Buy and sell with a card or a bank transfer, in the currencies and regions each provider supports.
• Swap one asset for another within the app, with the rate and provider fee shown before you approve.
• Stake supported proof-of-stake assets, so the rewards arrive in an account you control rather than on a platform.

These services are operated by third parties, so they carry their own identity checks, fees and terms. They are convenience, not a requirement — transferring coins in from an exchange you already use works exactly as well and keeps the number of counterparties down.

Labels, notes and organisation

Blockchain records are public and permanent; your own labels are neither. Suite lets you rename accounts and attach labels to individual transactions and addresses so that a list of hashes becomes something you can actually read months later.

Labels are stored with your wallet metadata rather than on the blockchain. Keeping them private is one more reason the privacy settings matter: the same encrypted metadata travels with a recovered wallet, so labels survive a device loss without being published anywhere.

The mobile experience

Two apps cover phones and tablets. Trezor Suite for Android and iOS brings the same account list, portfolio view and transfer flow to a smaller screen, with Android 12+ and iOS 15+ as the practical floor. Trezor Suite Lite is the lighter, view-only companion: useful for watching balances and generating receive addresses without carrying a cable.

Connection differs by platform. On Android you can connect most Trezor models with a USB cable, while iPhone and iPad connections are wireless, which is why Bluetooth support in the newest hardware unlocks full mobile use on iOS. If you mainly trade from a phone, check the device comparison before you buy — it is the one place where the model really changes what you can do.

Device tools, firmware and health

Despite the name, Suite also manages the hardware itself. From inside the app you can check that the attached device is a genuine Trezor running authentic firmware, install firmware updates, change the PIN, enable or change a passphrase, and run a backup check that asks you to confirm words from your recovery sheet.

Those device-level features are covered in more depth on the security page, including what each setting protects against and when a passphrase is worth the extra step.

What Suite does not do

Expectations matter as much as features, so a few honest limits:

• It is not a software wallet. Your keys stay on the device; the app is a control panel.
• It does not recover a wallet for you. Only your recovery seed can do that, and only on a device you trust.
• It does not hold your coins. Balances reflect what is on public blockchains, controlled by your keys.
• It does not ask for your seed phrase, ever — no screen in the app needs it, so any request for it is an attack.

With those boundaries clear, the app is a straightforward way to run a self-custody wallet day to day. If you have not installed it yet, the setup guide takes you through it in order.