Trézor.io/Start® — Starting Up Your Device | Trezor®
Managing cryptocurrency securely begins with a hardware wallet. Unlike software or exchange wallets, a hardware wallet stores private keys offline, protecting them from malware, phishing, and unauthorized access. Proper initialization ensures your funds remain fully under your control while allowing safe and efficient transactions.
This guide walks you through the entire process—from preparing your workspace, starting your device, securing your recovery information, verifying transactions, to maintaining long-term security practices.
Why Proper Startup Is Important
A hardware wallet safeguards your digital assets by keeping private keys isolated from the internet. These keys are the foundation of cryptocurrency ownership. Anyone with access to them can move your funds.
Proper initialization ensures:
Unique cryptographic keys are generated securely
Backup recovery options are established
Security layers like PIN codes are activated
Transactions can be verified safely
Skipping steps or rushing through setup can put your assets at risk.
Step 1: Preparing Your Environment
Before powering on your wallet:
Use a personal, trusted computer
Keep your system updated and protected by antivirus
Avoid public Wi-Fi or shared computers
Work in a quiet, private environment
A controlled setup reduces the risk of malware or other interference during initialization.
Step 2: Inspecting the Hardware Wallet
Before starting, check your device:
Packaging is intact and untampered
The device is unconfigured and new
No recovery phrases are included
Hardware wallets are designed to generate their recovery phrases internally. Pre-written phrases indicate potential security risks.
Step 3: Installing Official Software
Hardware wallets rely on companion software to manage accounts and transactions. Features include:
Generating receiving addresses
Tracking balances and transaction history
Approving transactions securely
Updating firmware
Always download software directly from the official website. Avoid links in emails, ads, or social media, which could be malicious.
Step 4: Initializing the Wallet
During first-time setup:
Select “Create New Wallet”
The wallet generates private keys internally
A recovery phrase is displayed on the device
Important Notes:
Generated offline and not shared with your computer
Displayed only on the device
Essential for wallet recovery
Write down the words in order and double-check accuracy.
Step 5: Securing Your Recovery Phrase
The recovery phrase is the master key to your wallet. It allows you to restore your wallet if the device is lost, damaged, or reset.
Best Practices:
Write it clearly on paper
Store it in a secure location separate from the device
Avoid digital storage
Never share it
For long-term durability, some users store recovery phrases on metal plates or fireproof containers.
Step 6: Setting a Strong PIN
After confirming the recovery phrase, create a PIN:
Protects against unauthorized physical access
Locks the wallet after multiple failed attempts
Adds a critical layer of security
Choose a PIN that is unique, hard to guess, and not based on personal information.
Step 7: Verifying Transactions
Hardware wallets display transaction details on the device screen. Always verify:
Recipient address
Transaction amount
Network
Physical confirmation ensures no malware can alter the transaction.
Step 8: Performing a Test Transaction
Before transferring large amounts:
Send a small test transaction
Confirm it appears in your wallet
Practice approving transactions on the device
This ensures the wallet functions correctly and builds confidence for future transactions.
Step 9: Firmware Updates
Firmware updates enhance security and performance:
Only use official software
Avoid third-party update tools
Do not disconnect the device during updates
Keeping firmware current protects against vulnerabilities and improves stability.
Step 10: Avoiding Scams and Phishing
Even with a hardware wallet, human error is the main risk:
Never share your recovery phrase
Verify website addresses manually
Ignore emails or messages requesting urgent action
Legitimate services never ask for your recovery phrase or PIN.
Step 11: Physical Security and Storage
After setup:
Store the wallet in a secure, private location
Keep backup recovery phrases separate from the device
Avoid predictable hiding spots
Some users maintain multiple backup copies in different secure locations.
Step 12: Emergency Recovery
If your wallet is lost, stolen, or damaged:
Acquire a compatible replacement device
Select the recovery option
Enter your recovery phrase
Funds are stored on the blockchain and can be restored. Without the recovery phrase, restoration is impossible.
Common Setup Mistakes
Taking photos of recovery phrases
Storing backups digitally
Skipping verification screens on the device
Rushing through setup
Using untrusted computers
Most losses occur due to preventable human error rather than device failure.
Benefits of a Hardware Wallet
Hardware wallets provide:
Offline storage of private keys
Physical transaction confirmation
Independence from third-party platforms
Long-term security
When used responsibly, hardware wallets are among the safest ways to manage cryptocurrency.
Self-Custody Responsibility
Self-custody gives you full control, but also full responsibility:
No central authority can recover lost credentials
Proper backup and storage are essential
Planning ensures long-term access
Final Security Checklist
Before regular use:
Recovery phrase recorded and verified
Backup securely stored
PIN set and remembered
Test transaction completed
Device safely stored
Conclusion
Proper startup of a hardware wallet sets the foundation for secure cryptocurrency management. By safeguarding your recovery phrase, setting a strong PIN, verifying transactions on-device, updating firmware, and remaining vigilant against scams, you ensure long-term security of your funds.
Responsible habits and careful setup make your hardware wallet a reliable, long-term solution for protecting digital assets.