Cold Wallet is an offline wallet provided for storing bitcoins. With cold storage, the digital wallet is stored on a platform that is not connected to the internet, thereby, protecting the wallet from unauthorized access, cyber hacks, and other vulnerabilities that a system connected to the internet is susceptible to.

Trezor is a hardware wallet used for storing bitcoins and other crypto currencies without having to trust a third party. Essentially a USB dongle, it is designed to sign bitcoin transactions with private keys generated offline within the device. It can be used to sign transactions on 'unsafe' computers and is impervious to keyloggers and other digital threats.

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