Trezor Wallet ▷ The most popular hardware wallet in the test!

Trezor is without a doubt one of the most secure wallets out there. This is because this is an offline wallet. But what about the facility? The postman has delivered the package, the hardware wallet has arrived and you are now wondering how you can use your new Trezor? Don't worry, we'll show you all the steps and in no time at all your cryptocurrencies will be in the Trezor wallet.

Trezor logo

<< >>

Setting up the Trezor

We will now provide you with a 6 step guide to setting up your Trezor.

Step 1: check your package

The first thing you should do when you receive your new Trezor is to make sure the silver hologram security seals are intact. Removing these is associated with effort. These are unlikely to open without human intervention. If the security seals are missing or look tampered with, return your Trezor immediately. If the box looks legit, then you can safely take the product out of the box.

Trezor Wallet Pack

Check the package for completeness

When you open the box you should find the following things:

  • TREZOR hardware wallet
  • magnetic holder
  • USB-C cable
  • sticker
  • 2x recovery slip

Is everything there? Perfect, now let's get the Trezor up and running.

Step 2: Connect your Trezor to your computer

Unpack the USB cable, plug the matching end into your Trezor and the other into your computer. Your Trezor should now direct you to Trezor.io/start.

Trezor device metal

Configuration on trezor.io/start

You should now be able to choose between different models on trezor.io/start. Select your device type.

Trezor website

You will now be asked to install the firmware on your device. Just click Install Firmware.

Trezor facility

Once the firmware has been successfully installed, you will be asked to disconnect your Trezor from the computer. To do this, simply unplug the Trezor and plug it back in to continue.

Step 3: Trezor wallet creation

After reconnecting your Trezor to your computer, you will be asked if you want to create a new Trezor wallet. Answer yes to this question and create a new wallet to continue.

  1. Select "Create" to set up your new wallet.
  2. You will now be notified as soon as your wallet creation was successful. Then click through the Trezor functions and to the wallet.

Step 4: additional security options

The next step is to create a backup for your Trezor. Just click the "Take a Backup" button to do this.

Create a Trezor backup.

In this process you will generate your "24 word seed". In principle, this is a combination of different words that are intended to ensure that you do not lose your cryptocurrencies if you lose your password. Make sure that no one, not even yourself, has a photo of these words.

Likewise, you should not give this combination to anyone else, save it on your computer, or enter it anywhere online. Otherwise the offline wallet would be thrown away. Simply write the words on a piece of paper (recovery slip) with a pen. If you want to take certain precautions, then we recommend confronting a local Uses.

Click Next and your custom seed will be displayed word for word on the Trezor screen. Make a physical note of this.

Notebook

Once you are done and verified your seed, you have successfully backed up your device. Now click Next to finish setting up your Trezor.

Step 5: name your Trezor

The next step is to give your Trezor an individual name. This step should not be neglected so that you don't lose the overview afterwards. Even if you have multiple offline wallets, you'll want to be able to tell them apart.

Your Trezor device will now ask you to confirm the name change. Simply click on "Confirm".

Step 6: setting up the Trezor PIN

As the setup process continues, you will be asked to set your new PIN on your Trezor.

Binary numbers

Confirm on the Trezor that you want to set up a new PIN. Now you can see two 3x3 grids on the Trezor screen. Enter your PIN on your computer. In this step you will be asked to enter your PIN twice, this is to ensure that you don't make any typing errors.

<< >>

Using the Trezor

Congratulations, you have successfully completed setting up your Trezor. We continue with the use.

How can you access different cryptocurrencies in the Trezor?

The first thing you need to do for this is to send cryptocurrencies to your Trezor. Click the Bitcoin panel in the top left of the screen to select different Trezor cryptocurrency wallets. Now select the cryptocurrency that you want to manage in the Trezor.

How do you get cryptocurrency on your Trezor?

After you have selected the right cryptocurrency wallet on Trezor, e.g. Bitcoin, Bitcoin Cash, Ethereum, etc. just click on "Receive" and your individual Trezor wallet address will appear.

Note: You can generate additional wallet addresses in a cryptocurrency by clicking the "New Address" button. This function serves to spread your capital.

In order to display your full receiving address, you will be asked to enter your Trezor PIN. After you have done this, you will see the address on the screen or on your Trezor. Make sure both addresses match before sending money to the address.

Trezor hardware wallets

If both addresses match, simply copy your Trezor wallet address and send your cryptocurrency here, be it a crypto exchange or online wallet, you should be able to find the "Send" function everywhere. Your transferred coins will then appear in the Trezor wallet and be kept safe.

Send cryptocurrencies out of the Trezor

Sending cryptocurrencies is child's play with the Trezor. Just make sure that you have selected the right cryptocurrency wallet: if you want to send Ethereum, make sure that you are in the Litecoin wallet. Once you hit the send button, you will be prompted to enter the wallet address you wish to send the amount to.

You can even choose the fee you want to pay. Here it is important to know that transactions with higher fees are processed faster. After entering these details, simply click "Submit" and the transaction is complete.

Conclusion

Trezor has launched a great hardware wallet and we find the software particularly user-friendly. The ease of use and the seriousness of the company have helped Trezor to gain a good name in the crypto sector worldwide. We hope that we were able to help you with this article and that you will soon be able to use the advantages of an offline or hardware wallet.

<< >>

Image sources:

  • Trezor logo: https://upload.wikimedia.org/wikipedia/commons/d/da/Trezor.png
  • Trezor Verpackung: https://images-na.ssl-images-amazon.com/images/I/61S7cq%2B8WnL._SL1422_.jpg
  • Trezor metal device: https://upload.wikimedia.org/wikipedia/commons/8/83/Trezor_display_transaction.jpg
  • trezor device white: https://upload.wikimedia.org/wikipedia/commons/9/98/Trezor_-_Hard_Wallet-_Cold_Storage_for_Cryptocurrency.jpg
  • Notebook: https://unsplash.com/photos/o-ubWHV29Uk
  • Binary numbers: https://picryl.com/media/binary-code-binary-binary-system-973523?zoom=true
  • Several Trezor wallets: https://www.flickr.com/photos/jlarnos/40213129341
  • Pictures from Trezor.io: Screenshots from website
Do you want to store cryptocurrencies with the best wallet?
eToro logo

Start with eToro, the test winner from Bitcoin-News.one

SIGN UP NOW
74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Read our Etoro review.

Callie Machalat

Callie Machalat from Bitcoin-News.one understands the information needs of the crypto community members, traders, researchers and developers looking for reliable information to understand and participate in the crypto revolution.

More articles on the topic:

Wallets
🔥 Ripple (XRP) wallet put to the test: our experiences in 2021!

Ripple (XRP) wallet in the test: experiences & reviews 2021 🥇 Is the XRP wallet worth it? 🥇 Our experience with safety and costs 🥇

Learn more...
🔥 IOTA (MIOTA) wallet put to the test: our experiences in 2021!

IOTA (MIOTA) wallet in the test: experiences & reviews 2021 🥇 Is the IOTA wallet worth it? 🥇 Our experience with safety and costs 🥇

Learn more...
🔥 Cardano (ADA) wallet put to the test: our experiences in 2021!

Cardano wallet in the test: experiences & reviews 2021 🥇 Is the ADA wallet worth it? 🥇 Our experience with safety and costs 🥇

Learn more...
🔥 Jaxx Wallet put to the test: Our experiences in 2021!

Jaxx Wallet in the test: experiences & reviews 2021 🥇 Is the Jaxx Wallet worth it? 🥇 Our experience with safety and costs 🥇

Learn more...
🔥 Metamask Wallet put to the test: our experiences in 2021!

Metamask wallet in the test: experiences & reviews 2021 🥇 Is the Metamask wallet worth it? 🥇 Our experience with safety and costs 🥇

Learn more...
🔥 Coinomi Wallet in the test: Our experiences in 2021!

Coinomi wallet in the test: experiences & reviews 2021 🥇 Is the Coinomi wallet worth it? 🥇 Our experience with safety and costs 🥇

Learn more...
🔥 Blockchain wallet put to the test: our experiences in 2021!

Blockchain wallet in the test: experiences & reviews 2021 🥇 Is the blockchain wallet worth it? 🥇 Our experience with safety and costs 🥇

Learn more...
🔥 Electrum Wallet in the test: Our experiences in 2021!

Electrum Wallet in the Test: Experiences & Reviews 2021🥇 Is the Bitcoin Wallet worth it? 🥇 Our experience with security and costs🥇

Learn more...
🔥 eToro Wallet in the test: Our experiences & evaluation 2021!

eToro wallet in the test: experiences & reviews 2021 🥇 Is the eToro wallet worth it? 🥇 Our experience with safety and costs 🥇

Learn more...
🔥 Monero wallets in comparison: our experiences in 2021!

Monero wallets in the test: experiences & reviews of the best wallets 🥇 online or hardware? 🥇 Our experience with safety and costs🥇

Learn more...
Toast Wallet Review ▷ Our experience with the official Ripple (XRP) wallet!

What you need to know about the Toast Wallet! BC1 explains what the official Ripple wallet can do and why it is the best for your XRP coins. ✓ Review text ✓ Click here for more information!

Learn more...
Steemit Wallet ▷ The official wallet for your STEEM Coins in the test!

What you need to know about the Steemit Wallet! BC1 explains how to use the official wallet from Germany and how to store your STEEM coins correctly. ✓ Review test ✓ Instructions ✓ Click here for more information!

Learn more...
Stargazer Wallet Review ▷ Is It the Right Choice for Your Stellar (XLM) Coins?

What you need to know about the Stargazer wallet! BC1 explains how to use the wallet from Germany and whether it is the right choice for your Stellar (XLM) coins. ✓ Review ✓ Instructions ✓ Click here for more information!

Learn more...
ICONex Wallet ▷ Our experiences with the official ICON (ICX) Wallet!

What you need to know about the ICONex wallet! BC1 explains how to use the wallet from Germany. ✓ Review ✓ Instructions ✓ Click here for more information!

Learn more...
Lobstr Wallet ▷ The best wallet for your Stellar (XLM) coins!

What you need to know about the Lobstr Wallet! BC1 explains how to use the wallet from Germany and how to store your Stellar (XLM) coins correctly. ✓ Instructions ✓ Click here for more information!

Learn more...
IOTA light wallet review ▷ is it the best wallet for your MIOTA?

What you need to know about the IOTA Light Wallet! BC1 explains how the wallet works and how to set it up. ✓ Review ✓ Instructions ✓ Click here for more information!

Learn more...
🔥 Exodus wallet put to the test: our experiences in 2021!

Exodus wallet in the test: experiences & reviews 2021 🥇 Is the Exodus wallet worth it? 🥇 Our experience with safety and costs 🥇

Learn more...
Electroneum Wallet ▷ The right wallet for your ETN Coins!

What you need to know about the Electroneum wallet! BC1 explains how to use the wallet from Germany and how to store your ETN coins correctly. ✓ Instructions ✓ Click here for more information!

Learn more...
Gatehub Review ▷ What the wallet with integrated exchange has to offer!

What you need to know about Gatehub! BC1 explains how the wallet with integrated exchange works and how to set it up. ✓ Review ✓ Instructions ✓ Click here for more information!

Learn more...
Ethos Wallet Review ▷ An all-rounder among the crypto wallets?

What you need to know about the Ethos wallet! BC1 explains how the wallet works and how to set it up. ✓ Review ✓ Instructions ✓ Click here for more information!

Learn more...
TRON Community Wallet ▷ The best TRX wallets in comparison!

You should know that about the wallet! BC1 compared the TRON community wallets and shows you which TRX wallet is best for you and how to set it up! ✓ Review ✓ Click here for more information!

Learn more...
Ark Wallet Review ▷ Our Experience with the Online Desktop Wallet!

What you need to know about the Ark wallet! BC1 explains how the desktop wallet works and where the strengths and weaknesses lie. ✓ Review ✓ Click here for more information!

Learn more...
Daedalus Wallet Review ▷ Best Wallet for Cardano ADA Coins?

What you need to know about the Daedalus wallet! BC1 explains to you how the wallet works and where the strengths and weaknesses lie. ✓ Review test ✓ Click here for more information!

Learn more...
Trezor vs. Ledger Nano S ▷ Our Great Hardware Wallets Review!

What you need to know about hardware wallets! BC1 explains where the advantages are and which hardware wallet is the best. ✓ Ledger Nano S ✓ Trezor ✓ Review ✓ Click here for more information!

Learn more...
Trezor Wallet ▷ The most popular hardware wallet in the test!

What you need to know about the Trezor hardware wallet! BC1 explains how to use it and why the wallet is worth it. ✓ Review test ✓ Instructions ✓ Click here for more information!

Learn more...
MyEtherWallet Review ▷ Our experiences with the MEW! [2019]

What you should know about MyEtherWallet! BC1 explains how to use the MEW from Germany and why it is so popular. ✓ Review test ✓ Our experiences ✓ Click here for more information!

Learn more...