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Cryptocurrency & Blockchain · head to head

Alchemy vs Trezor Suite

Alchemy logo

Alchemy

Cryptocurrency & Blockchain

The web3 development platform

From
Free
Rated
-
Full reviewWebsite
Trezor Suite logo

Trezor Suite

Cryptocurrency & Blockchain

Your crypto, fully secured

From
Free
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: Alchemy the free tier is capped at 30M compute units a month and 25 requests per second; Trezor Suite requires a physical Trezor hardware device (Safe 7, Safe 5, Safe 3, Model T or Model One) to use; the vendor's own page states "All Trezor devices work with Android. Trezor Safe 7 also works with iOS via Bluetooth", so iOS support is limited to the Safe 7 model
  • They diverge on capability: Alchemy covers Node APIs, Trezor Suite covers Portfolio Management.

Where they differ

Only the attributes on which Alchemy and Trezor Suite actually diverge.

Attributes where Alchemy and Trezor Suite differ
AttributeAlchemyTrezor Suite
Pricing modelfreemiumfree
PlatformsApi, WebDesktop, Web
Founded20172013

Identical on both: starting price (Free), free tier (Yes), user rating (Not yet rated), category (Cryptocurrency & Blockchain).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Alchemy

  • Node APIs
  • Enhanced APIs
  • NFT API
  • Webhooks
  • Mempool
  • 35+ chains
  • SDKs
  • Api support

Only in Trezor Suite

  • Portfolio Management
  • Coin Control
  • Tor Support
  • Coinjoin
  • Passphrase
  • Trezor hardware wallets
  • Bitcoin-only mode
  • Desktop support

Both cover

  • Web support

What people use each for

The jobs each tool is most often brought in to do.

Alchemy

  • Hosted blockchain node access across mainnets and testnetsnot Trezor Suite
  • Backing a production web3 application without running nodesnot Trezor Suite
  • Webhook-driven notifications for on-chain eventsnot Trezor Suite
  • Scaling read throughput beyond self-hosted node limitsnot Trezor Suite

Trezor Suite

  • Walletsnot Alchemy
  • Hardware Walletnot Alchemy
  • Securitynot Alchemy

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Alchemy

  • The free tier is capped at 30M compute units a month and 25 requests per second
  • Free accounts are limited to 5 apps and 5 webhooks
  • Beyond the free allowance it is $0.45 per 1M compute units for the first 300M a month
  • Request cost varies by call complexity, from around 10 compute units to over 100, so spend is hard to predict from request counts alone
  • Signed SLAs and priority support require an Enterprise contract

Trezor Suite

  • Requires a physical Trezor hardware device (Safe 7, Safe 5, Safe 3, Model T or Model One) to use; the vendor's own page states "All Trezor devices work with Android. Trezor Safe 7 also works with iOS via Bluetooth", so iOS support is limited to the Safe 7 model

Pricing, plan by plan

Alchemy

Free
  • FreeFree
    • 300M compute units
    • 5 apps
    • Core APIs
  • Growth$49/month
    • 400M compute units
    • 15 apps
    • Enhanced APIs
  • Scale$199/month
    • 1B compute units
    • Unlimited apps
    • Premium support

Trezor Suite

Free
  • FreeFree
    • Portfolio management
    • Coin control
    • Tor integration

Which should you pick?

Choose Alchemy if

  • You need node apis.
  • You want to start without paying.
  • You work on Api, Web.
  • You also want enhanced apis.
Alchemy review

Choose Trezor Suite if

  • You need portfolio management.
  • You want to start without paying.
  • You work on Desktop, Web.
  • You also want coin control.
Trezor Suite review

Questions people ask

Is Alchemy or Trezor Suite better?
Neither clearly leads. Alchemy starts at Free and Trezor Suite at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Alchemy or Trezor Suite?
Alchemy starts at Free and Trezor Suite at Free.
Does Alchemy or Trezor Suite run on more platforms?
Alchemy runs on Api, Web. Trezor Suite runs on Desktop, Web.
Can I use Alchemy for free?
Both have a free tier, so you can try either at no cost before committing.
What is Alchemy best used for?
Alchemy is most often used for hosted blockchain node access across mainnets and testnets, backing a production web3 application without running nodes, webhook-driven notifications for on-chain events, scaling read throughput beyond self-hosted node limits. Of those, hosted blockchain node access across mainnets and testnets and backing a production web3 application without running nodes are not what Trezor Suite is typically brought in for.
What can Alchemy do that Trezor Suite cannot?
Alchemy covers Node APIs, Enhanced APIs, NFT API, Webhooks. Trezor Suite covers Portfolio Management, Coin Control, Tor Support, Coinjoin. Both handle Web support.
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