Trézor.io/Start® — Starting Up Your Device | Trezor® (Official)

Launching a hardware wallet is the foundational step toward taking full control of your cryptocurrency. Hardware wallets store private keys offline, providing robust protection against online threats, malware, and phishing attacks. Proper initialization ensures that your funds remain fully under your control while enabling safe and efficient transactions.

This guide outlines the entire process: preparing your environment, activating your device, safeguarding recovery information, confirming transactions, and establishing ongoing security practices.

Understanding Hardware Wallet Security

Private keys are the cornerstone of cryptocurrency ownership. Whoever holds the keys can access and transfer funds. Hardware wallets enhance security by keeping these keys offline, isolated from potential online threats.

A proper startup guarantees:

Unique cryptographic key generation

Creation of reliable backup options

Activation of protective features like PIN codes

Safe transaction verification

Skipping proper initialization can expose your digital assets to unnecessary risk.

Step 1: Preparing Your Setup

Before beginning:

Use a personal and trusted computer

Ensure your operating system is up to date

Avoid public networks or shared devices

Work in a quiet, private environment

A controlled setup environment reduces the risk of interference from malware or unauthorized access.

Step 2: Inspect the Hardware Wallet

Prior to powering on:

Verify the packaging is intact and untampered

Confirm the device is unconfigured and new

Ensure no recovery phrase is pre-included

Hardware wallets are meant to generate your recovery phrase internally. Pre-existing phrases are a major security risk.

Step 3: Installing Official Companion Software

Hardware wallets work with official software for account management and transactions. The software allows you to:

Generate new accounts and addresses

Track balances and transaction history

Sign transactions securely

Update the device firmware

Always download the software directly from the official website. Avoid links in emails, ads, or social media to prevent phishing or malware attacks.

Step 4: Initializing Your Wallet

During first-time setup:

Select “Create New Wallet”

The wallet internally generates a cryptographic seed

A recovery phrase is displayed on the device screen

Key points:

Generated offline

Displayed only on the device

Essential for wallet restoration

Write down the words in the exact order shown and double-check for accuracy. Errors can prevent wallet recovery.

Step 5: Securing Your Recovery Phrase

Your recovery phrase is the ultimate backup. It allows wallet restoration if the device is lost, damaged, or reset.

Best practices:

Write the phrase clearly on paper

Store it in a secure, private location

Avoid digital copies or cloud backups

Never share it with anyone

For added durability, some users engrave the phrase on metal plates or use fireproof storage.

Step 6: Setting a PIN Code

After confirming the recovery phrase, create a PIN:

Protects against unauthorized physical access

Locks the device after repeated incorrect attempts

Adds a critical layer of security

Choose a PIN that is unique, hard to guess, and unrelated to personal information.

Step 7: Confirming Transactions on the Device

One of the strongest security features is on-device verification:

Transaction details appear on both the device and the software interface

Check recipient address, amount, and network

Physical confirmation ensures that no malware can manipulate transaction data.

Step 8: Performing a Test Transaction

Before transferring large amounts:

Send a small test amount

Confirm receipt in your wallet

Practice approving transactions

This ensures the wallet functions correctly and builds confidence in using it for larger transactions.

Step 9: Maintaining Firmware Updates

Firmware updates provide:

Security enhancements

Bug fixes

Performance improvements

Always install updates through official software. Avoid third-party tools and do not disconnect the device during updates.

Step 10: Avoiding Scams and Phishing

Even with a hardware wallet, human error is a major risk:

Never share your recovery phrase

Manually verify website addresses

Ignore emails or messages requesting urgent action

Legitimate services never ask for your recovery phrase or PIN.

Step 11: Physical Storage Practices

After setup:

Store the device in a secure, private location

Keep recovery backups separate from the wallet

Avoid obvious hiding spots

Some users create multiple backup copies stored in different secure locations to reduce risk.

Step 12: Emergency Recovery

If the device is lost, stolen, or damaged:

Obtain a compatible replacement wallet

Select the recovery option

Enter your recovery phrase

Blockchain data ensures funds can be restored. Without the recovery phrase, restoration is impossible.

Common Setup Mistakes

Avoid:

Photographing or saving recovery phrases digitally

Skipping device verification screens

Rushing through initialization

Using untrusted computers

Most losses occur due to human error rather than hardware failure.

Advantages of a Hardware Wallet

Hardware wallets offer:

Offline key storage

Physical confirmation of transactions

Independence from third-party services

Enhanced long-term security

Responsible usage ensures safety and control over digital assets.

Responsibility in Self-Custody

Self-custody means full control over your funds—but also full responsibility:

There is no central authority to recover lost credentials

Secure backups are critical

Careful planning ensures long-term access

Final Security Checklist

Before regular use:

Recovery phrase verified and securely stored

PIN set and remembered

Test transaction completed

Device safely stored

Conclusion

Correctly starting up a hardware wallet forms the foundation for secure cryptocurrency management. Safeguard your recovery phrase, create a strong PIN, verify all transactions on-device, update firmware regularly, and remain alert to phishing attempts. Following these steps ensures your wallet and digital assets remain safe for years to come.