Creating a New Wallet
After firmware installation, you will be prompted to create a new wallet. This process generates your private keys securely within the device. These keys never leave the hardware wallet, ensuring maximum protection.
At this stage, the device will generate a recovery seed phrase. This phrase is the most critical part of your wallet’s security.
Writing Down the Recovery Seed
The recovery seed is a series of words that can restore your wallet if the device is lost, damaged, or stolen. It is essential to write these words down exactly as shown, in the correct order.
Never store the recovery seed digitally, take screenshots, or upload it to cloud storage. Anyone with access to this phrase can control your funds. Store it in a secure, offline location where only you can access it.
Setting a PIN Code
To protect your device from unauthorized physical access, you will be asked to create a PIN code. This PIN must be entered each time the device is connected.
The PIN system uses randomized layouts on your computer screen, making it resistant to keyloggers and screen-recording malware. Choose a PIN that is hard to guess but easy for you to remember.
Using Your Trezor Wallet After Setup
Once setup is complete, your Trezor wallet is ready for use. You can send and receive cryptocurrencies, manage multiple accounts, and monitor balances securely. All transactions must be confirmed on the physical device, ensuring that even if your computer is compromised, your funds remain protected.
Regularly check for firmware updates and follow security best practices to maintain a high level of protection over time.
Security Best Practices for Trezor Users
Maintaining wallet security does not end after setup. Always verify transaction details on the device screen before approving them. Keep your recovery seed private and never share it with anyone, regardless of the situation.