Trezor® Hardware® Wallet® | Getting Started with Trezor
A Trezor hardware wallet is a physical device designed to keep your cryptocurrency private keys offline and secure. Unlike software wallets that are susceptible to online
Last updated
A Trezor hardware wallet is a physical device designed to keep your cryptocurrency private keys offline and secure. Unlike software wallets that are susceptible to online
Last updated
To set up a Trezor hardware wallet, users must first connect the device to a computer or Android phone using the provided USB cable. They then follow the on-screen instructions to install the Trezor Suite software and set up their recovery seed. The recovery seed is a list of words in a specific order that serves as the master key to access the user's funds. It is crucial to write this down on the provided recovery cards and keep it safe.
To transfer cryptocurrencies to a Trezor hardware wallet, users must first set up their new Trezor device and generate a receive address. They then send the desired amount of cryptocurrency from their current wallet to the address displayed on their Trezor. It is essential to verify that the address shown on the Trezor matches the one displayed in the software before sending.
Recovering a Lost Trezor Seed Phrase
If a user loses their Trezor recovery seed phrase, they can recover access to their wallet by creating a new Trezor wallet with a fresh recovery seed using their backup Trezor device or a third-party wallet. They then send a small test amount to the newly created wallet to verify it's working. Next, they transfer all their funds from the affected wallet with the lost seed to the newly created wallet. Finally, they erase the old Trezor device with the wallet that used the lost recovery seed.