Trezor Wallet | security

Trezor hardware wallets stay completely offline, ensuring your protection and adding a true physical layer of security to your sensitive data. Flip on PIN and passphrase protection, …

Mitigate the Risk of Cyber Attacks Using the Trezor Wallet

Crypto wallets are usually safe to protect your funds from hackers and fraudsters as they are equipped with high-end security standards. In this crypto realm, there is a plethora of wallets available that promise to provide the best possible encryption to users' accounts and funds.

But, do you think that choosing a random wallet is a wise move?

Well! Not! There are so many facts to consider before owning any crypto wallet as it is a matter of the security of your funds. You need to consider what security facets they are providing, what other needful services it is offering, whether it is reliable or a scam piece, etc.

You may wonder, how can you get all these details on the crypto wallet in an easy way. My friend! I’m here to help you out as in this write-up, we will be discussing a highly favored hardware crypto wallet- Trezor Wallet. This wallet could be purchased from Trezor.io/start as well as manageable online via the Trezor Suite App. Let’s stroll over the benefits and user guide of this Trezor Wallet.

Noteworthy Traits of Trezor Wallet

• Security: Trezor is known for emphasizing security strongly. It stores private keys offline to minimize the risk of them being exposed to potential online threats. The device is also protected by a PIN code and recovery seed (a mnemonic phrase), which allows users to recover their funds if the device is lost or damaged.

• Cold Storage: This wallet device operates in a cold storage environment, meaning it's not connected to the internet when storing private keys. This greatly reduces the risk of remote hacks or unauthorized access.

• Wide Cryptocurrency Support: An extensive range of crypto assets is supported by the Trezor Wallet including popular ones like Bitcoin, Ethereum, Litecoin, and more.

• User-Friendly Interface: The device features a user-friendly interface, often displayed on a small screen on the device itself. Users can confirm transactions and perform various wallet operations directly from the device.

• Open Source: Trezor's firmware and software are open source, meaning that the code is publicly available for review and auditing. This transparency can help identify and address potential security vulnerabilities.

First Thing First, Purchase the Trezor Wallet Device

If you’ve decided to purchase a Trezor Wallet, I would recommend you purchase using the guide outlined below to demolish the chance of getting a fake or counterfeit device.

1. Visit Trezor.io/start first.

2. Press “Get your Trezor”.

3. Select the device and hit “Buy”.

4. On the prompted page, fill out asked personal information.

5. Proceed by pressing “Continue”.

6. Provide the delivery address and select a payment method.

7. Make payment and you’ll receive the device within 3-4 days.

Install and Set Up the Trezor Suite Application

The user guide of Trezor Wallet is incomplete without the Trezor Suite application, so now we will learn how we can connect and set up the Trezor Suite app with the Trezor Wallet device.

1. Open the Trezor.io/start URL.

2. Choose either “Download for Desktop” or “Trezor Suite for Web”.

3. Install the Suite application by following the instructions and then open it.

4. Now, let’s say, you have purchased a Trezor One device; connect it to your desktop.

5. Once it is connected, proceed by hitting “Setup Trezor”.

6. Install firmware in this device and press “Continue” when downloaded.

7. Tap on “Create new wallet” and choose an option for wallet backup.

8. Press “Create Backup” > “Begin Backup”.

9. Once the backup is done, hit “Confirm” and proceed to set up a PIN.

10. Tap on “‘Set a PIN” and head over by setting up a PIN to unlock your device.

11. Verify your PIN by picking up the PIN on Suite by referring to the PIN prompted on the device screen.

12. Once you get “PIN Set” on the screen, hit “Continue” and select the coin you wish to activate.

13. Here, the wallet setup is completed; finalize by setting up a passphrase for the Suite application.

The Sum Up!

If you are also the one who thinks online wallets are hackable but convenient, Trezor Wallet could be your go-to choice. This wallet not only provides high-end security by storing your crypto keys online but also deliver convenience by offering Trezor Suite app.