Trezor.io/Start® | Starting Up Your Device

An In-Depth, Comprehensive Guide to Securing Your Digital Assets

Chapter 1: The Dawn of Self-Custody

Welcome to the world of true digital sovereignty. By choosing a Trezor hardware wallet, you are taking a monumental step towards securing your cryptocurrency and digital assets in a way that gives you absolute control. Unlike storing your funds on an exchange, where you are trusting a third party with your private keys, a hardware wallet ensures that only you can access and authorize transactions. This guide is designed to be your comprehensive companion, walking you through every detail of the setup process, from the moment you receive your device to performing your first secure transaction.

Before we plug anything in, it's crucial to understand the fundamental concepts that make this technology so powerful. In the realm of cryptocurrency, the mantra is "Not your keys, not your coins." Your private keys are the secret cryptographic information that proves your ownership of the coins associated with them. If someone else has your keys, they have your coins. A Trezor device is, at its core, a highly secure vault for these keys. It's a small, single-purpose computer designed to be impervious to malware, viruses, and hackers that plague general-purpose devices like laptops and smartphones. Your keys are generated and stored offline, within the secure element of the Trezor, and they never leave the device. When you want to send funds, the transaction data is sent to the Trezor, signed internally using your private key, and then the signed transaction is sent back out. This process ensures your keys are never exposed to the internet.

Core Concept: Self-Custody. Self-custody means you are your own bank. This comes with immense freedom but also great responsibility. This guide will equip you with the knowledge to handle that responsibility with confidence.

Glossary of Essential Terms

To navigate this world, you must speak the language. Here are some key terms we will use throughout this guide:

Chapter 2: The Unboxing Ritual - Verifying Authenticity

Your first line of defense begins before you even connect the device. Supply chain attacks, where a device is tampered with before it reaches the end user, are a potential threat. Trezor has engineered its packaging to make such tampering evident. Follow these steps meticulously.

Step 1: Inspect the Packaging

Examine the box itself. It should be in pristine condition, wrapped in thin plastic. While damage can occur during shipping, be extra vigilant if the box appears to have been opened and resealed. Trust your instincts.

Step 2: The All-Important Holographic Seal

Trezor devices (both the Model One and Model T) have a security seal over the USB port. This is not just a sticker; it's a specially designed hologram that is very difficult to forge and is designed to be destroyed upon removal.

CRITICAL WARNING: If the holographic seal is missing, damaged, or appears to have been tampered with in any way, DO NOT PROCEED. Do not use the device. Contact Trezor Support immediately to report the issue and arrange for a replacement. Using a potentially compromised device could lead to a total loss of your funds.

Step 3: What's Inside the Box?

Once you are confident in the seal's integrity, you can open the box. You should find the following items:

Ensure all components are present. The recovery seed cards should be completely blank. If they have any words pre-written on them, this is another massive red flag of a sophisticated scam. A genuine Trezor will always generate the words for you on the device's screen.

Chapter 3: The Genesis - Initializing Your Device at Trezor.io/Start

With the physical inspection complete, it's time to bring your device to life. This process is handled through the official Trezor Suite web interface. It's designed to be straightforward, but every step has profound security implications. We will dissect each one.

Security Tip: Always manually type trezor.io/start into your browser's address bar. Do not use a link from an email, social media, or even a search engine. Phishing sites that look identical to the real one are common. Bookmarking the official site after your first visit is a good practice.

Step 1: Connect Your Trezor

Use the provided USB cable to connect your Trezor to your computer. The device's screen should light up, displaying a "Welcome" message and an icon prompting you to visit trezor.io/start.

Step 2: Install the Latest Firmware

The firmware is the operating system of your Trezor. For security reasons, Trezor devices are shipped without firmware installed. This ensures that you are installing the latest, most secure version directly from the source. The Trezor Suite will automatically detect that no firmware is present and guide you through the installation.

Do Not Skip Verification: If the firmware fingerprints do not match, disconnect your device immediately and contact Trezor support. This could indicate a man-in-the-middle attack or a compromised computer.

Step 3: Create a New Wallet

With the firmware installed, Trezor Suite will give you two options: "Create new wallet" or "Recover wallet." Since this is your first time, you will select "Create new wallet." This action instructs the device's true random number generator (TRNG) to create a new, unique master seed, which is the source of all your private keys.

Step 4: The Sacred Words - Backing Up Your Recovery Seed

This is, without exaggeration, the most important step of the entire process. Your Trezor will now generate your recovery seed. This series of 12 or 24 words is your only backup. If your device is destroyed, lost, or stolen, these words are the *only* way to get your funds back.

The words will be displayed one by one on your Trezor's screen. They will NOT be shown on your computer screen. This is a deliberate security feature to protect them from screen-loggers or malware on your computer.

EXTREME CAUTION - RULES FOR HANDLING YOUR RECOVERY SEED:
  • WRITE IT DOWN: Use a pen and one of the provided recovery seed cards. Write clearly and legibly. Double-check the spelling of each word.
  • NEVER STORE IT DIGITALLY: Do not take a photo of it. Do not type it into a text file. Do not save it in a password manager. Do not email it to yourself. Do not store it in any cloud service (Google Drive, Dropbox, etc.). Any digital copy is a target for hackers. Assume any device connected to the internet can be compromised.
  • ORDER MATTERS: Write the words down in the exact order they are presented, numbering them from 1 to 12 (or 24). The order is part of the key.
  • WORK IN PRIVATE: Ensure no one is watching you. There should be no cameras (including webcams or security cameras) in the room that could see the words.

Once you have written down all the words, the device will ask you to confirm a few of them to ensure your backup is correct. For example, it might ask "What is the 7th word?". You will select the correct word on the device's interface. After you successfully confirm, your backup is complete.

Best Practices for Storing Your Recovery Seed

Your backup is now a high-value physical item. How you store it is critical to your long-term security.

Step 5: Setting a Strong PIN

The PIN protects your device from being used by someone who gains physical access to it. If a thief steals your Trezor, they cannot access your funds without the PIN.

The Trezor has brute-force protection. After a few incorrect PIN attempts, the device will lock for an increasing amount of time. This makes guessing the PIN practically impossible.

Step 6: Name Your Device

The final step is to give your device a name. This is for personalization and helps you identify it in Trezor Suite if you use multiple devices. This name is stored on the device itself.

Congratulations! Your Trezor is now set up and ready to secure your assets. You have successfully created your own personal, offline vault.

Chapter 4: The Command Center - Navigating Trezor Suite

With your device initialized, Trezor Suite is your window into your secure accounts. It's a powerful tool that allows you to view your portfolio, receive funds, and securely send funds, all while your keys remain safely offline.

Dashboard Overview

The main dashboard provides a snapshot of your entire portfolio. You can see your total balance and a breakdown of the different cryptocurrencies you hold. You can also customize the dashboard and enable or disable specific coins.

Accounts

In the left sidebar, you'll see a list of your accounts (e.g., Bitcoin 1, Ethereum 1). Trezor can manage numerous cryptocurrencies and you can create multiple accounts for each one to better organize your funds (e.g., one for savings, one for trading).

Receiving Cryptocurrency

To receive funds, you need to provide the sender with one of your wallet addresses. Here is the secure process:

  1. Select the account for the coin you wish to receive (e.g., Bitcoin).
  2. Click the "Receive" tab.
  3. Trezor Suite will display a receiving address.
  4. Crucially, click "Show full address". This will prompt your Trezor device.
  5. The same full address will now be displayed on your Trezor's physical screen. You must carefully compare the address on your computer screen with the one on your Trezor's screen. They must match perfectly.
  6. If they match, you can confidently copy the address from Trezor Suite and give it to the sender.
Why verify the address? A type of malware known as a "clipper" can infect your computer and replace a cryptocurrency address you copy with the attacker's own address when you paste it. By verifying the address on your trusted, offline Trezor screen, you ensure that you are giving out *your* address and not a hacker's. Never skip this step.

Sending Cryptocurrency

Sending funds is the process that requires your private key to sign the transaction. This is where the Trezor's security shines.

  1. Select the account you wish to send from.
  2. Click the "Send" tab.
  3. Enter the recipient's address in the "Address" field. Double-check it for accuracy.
  4. Enter the amount you wish to send.
  5. Set the transaction fee. Trezor Suite will suggest fees for different confirmation speeds (low, normal, high). A higher fee incentivizes miners to include your transaction in the blockchain more quickly.
  6. Click "Review & Send".
  7. A confirmation screen will appear. Now, look at your Trezor device.
  8. Your Trezor screen will display the transaction details: the amount being sent and the recipient's full address. You must verify these details on the physical device.
  9. If everything is correct, you will be prompted to physically confirm the transaction by holding down a button on your Trezor.
  10. Once you confirm, the device signs the transaction internally and sends the signature back to Trezor Suite, which then broadcasts it to the network. Your keys never left the device.

Chapter 5: Fortifying the Vault - Advanced Security Features

The standard setup provides an exceptional level of security. However, for those seeking the ultimate protection or needing to defend against specific threats, Trezor offers advanced features that take security to the next level.

Warning: These are advanced features. Understand them fully before using them. Misusing them, particularly forgetting a passphrase, can result in the permanent loss of your funds.

The Ultimate Protection: Passphrase (The "25th Word")

A passphrase is an additional word, phrase, or set of characters that you create and memorize. It is never stored on the device. When you enable the passphrase feature, every time you connect your Trezor, you will be asked to enter it. This passphrase is combined with your 12/24-word recovery seed to create a completely new, separate wallet.

Why is this so powerful?

The Critical Rule of Passphrases

The passphrase is NOT recoverable. There is no backup. If you forget it, the funds in that hidden wallet are gone forever. There is no "forgot passphrase" option. When using this feature, you must have a 100% reliable method for remembering or storing your passphrase that is separate from your recovery seed backup.

Shamir Backup (SLIP-0039)

For users with significant holdings, protecting the single point of failure that is the recovery seed is paramount. Shamir Backup is an advanced standard that allows you to split your master seed into multiple "shares." For example, you could split your backup into 5 shares, and configure it so that any 3 of those 5 shares are required to recover the wallet.

Benefits of Shamir Backup

This feature is for advanced users and can be selected during the initial wallet creation process on compatible devices like the Trezor Model T.

Chapter 6: When Things Go Wrong - Troubleshooting & FAQs

Even with the best technology, issues can arise. Here are solutions to some common problems.

FAQ 1: My Trezor is not being recognized by my computer.

FAQ 2: I forgot my PIN. Am I locked out forever?

No. Your PIN only protects the physical device. If you forget your PIN, or if the device locks you out after too many incorrect attempts, you can simply wipe the device and restore it using your 12/24-word recovery seed. The process is simple: select "Recover wallet" during the setup process and follow the on-screen instructions to enter your seed words. Your wallet and all your funds will be restored.

FAQ 3: I forgot my Passphrase. What can I do?

Nothing. As mentioned in the advanced section, there is no way to recover a forgotten passphrase. The funds in the wallet associated with that passphrase are permanently inaccessible. This is by design, for security. This is why the feature is only recommended for advanced users who have a robust system for managing their passphrase.

FAQ 4: What happens if my Trezor device is lost, stolen, or broken?

Your funds are perfectly safe, as long as you have your recovery seed backup. Your coins are not stored on the Trezor device itself; they are on the blockchain. The Trezor only holds the keys. Simply purchase a new Trezor (or any other BIP39-compatible wallet), choose the "Recover wallet" option during setup, and enter your recovery seed. Your entire wallet will be restored.

FAQ 5: Do I need to update the firmware?

Yes. The SatoshiLabs team constantly works to improve security and add new features. When a new firmware update is available, Trezor Suite will notify you. Updating is crucial to protect against newly discovered vulnerabilities. The update process is secure and requires physical confirmation on the device.