Trezor $ Wallet^* -  The Original Cryptocurrency Hardware Wallet

Every software or device does carry several positive and negative aspects as well. This wallet has added much convenience in dealing with online trade activities, but apart from this, it has many other positive sides. Some of the highlighted ones are:

HOW TO GET STARTED WITH THE TREZOR WALLET?

You might find the process of working with the wallet a bit lengthy if you are a first-time user, which might even put you at a sea. Considering this situation, we have decided to break down the complete process into different categories so as to make it easy for you to understand.

Give a quick check at the steps listed underneath:

Phase 1: Setting Up The Wallet (Takes Around 10-15 Minutes)

  1. Take the USB cable that came with the wallet for connecting the wallet to the computer
  2. Once connected, you will be asked to move toward trezor.io/start (on the lock screen)
  3. Reach the instructed page to get an overview of how to construct a wallet PIN and the mechanism of the recovery phrase

Phase 2: Installing The Latest Wallet Firmware

  1. Pursue the process by installing the latest firmware from the page you are re-directed to (we are opting for Chrome)
  2. Click on “Yes, Install” and then review the firmware fingertips
  3. Tap on “Continue” and then reconnect the wallet
  4. Give a name to your wallet

Phase 3: Creating A PIN To Secure The Wallet

  1. A 3*3 grid will appear on both i.e. your browser (without numbers) and Trezor (With numbers) as well
  2. Hit on each of the digits in the order you want your PIN to be
  3. Repeat the process twice to confirm the PIN
  4. A unique combination of 24 words will then get displayed on Trezor. This is the recovery phrase
  5. Jot down the recovery phrase somewhere safe
  6. Lastly, using the crafted PIN, access your wallet

RECOVERY PHRASE: PERFORM AN OFFLINE BACKUP OF YOUR WALLET

If you are engaged in the trading operations of the crypto assets then I am pretty sure that you are holding a software wallet to store and organize your crypto assets effectively. And if you are having a software wallet then you already know what significance a recovery phrase holds.

But for your reference, let me give you quick information about this phrase. The recovery phrase as the name itself indicates is a crucial key in ascertaining the security of the wallet and recovering the wallet in case it ever gets lost, stolen, or damaged. In brief, it is a combination or a chain of around 12-24 words that are unique in themselves.

With this unique phrase, you can regain access to your wallet, passwords, and other crucial information relating to your crypto trade which was associated with the wallet. However, the process of recovering the wallet is straightforward. Investors have to simply provide the accurate recovery phrase on their new Trezor device.

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