How do I set up my new Trezor Model T for the first time?

Unboxing and Initial Setup

1. Upon receiving your Trezor Model T, carefully open the package and confirm all items are present: the device itself, a USB-C cable, a recovery seed card, and user documentation. Ensure the seal on the box is intact to rule out tampering.

2. Connect the Trezor Model T to your computer using the provided USB-C cable. The device will power on automatically, displaying the startup screen.

3. Navigate to the official Trezor website and download the Trezor Suite application. This software is essential for managing your wallet and interacting with cryptocurrencies.

4. Install Trezor Suite and launch the application. Follow the prompts to begin setting up your device. The app will detect your Trezor once connected properly.

Device Initialization and Security

1. Choose 'Create a new wallet' during the setup process in Trezor Suite. The application will guide you through initializing your device.

2. Set a strong PIN code using the on-screen keypad displayed on the Trezor Model T. The PIN is entered directly on the device to prevent keyloggers from capturing it. Avoid simple combinations like 1234 or repeated digits.

3. Confirm the backup of your recovery seed. The Trezor will display a 12- or 24-word mnemonic phrase one word at a time. Write each word down in order on the recovery card provided.

4. Verify the written seed by selecting words from a shuffled list on the device screen. This ensures the accuracy of your backup.

5. Enable passphrase protection if desired. A passphrase acts as a 25th word, adding an extra layer of security. It allows for hidden wallets and plausible deniability.

Connecting and Using Your Wallet

1. Once initialization is complete, your Trezor Model T will be linked to Trezor Suite. You can now view your wallet dashboard and see supported cryptocurrencies.

2. Send a small test transaction to verify functionality. Use the 'Receive' button in Trezor Suite to generate a wallet address. Share this address securely with the sender.

3. To send funds, click 'Send,' enter the recipient’s address, amount, and network fee. Confirm the transaction details on your Trezor screen before approving with a button press.

4. Regularly update your Trezor firmware through Trezor Suite. Firmware updates include security patches and support for new features or coins.

5. Never share your recovery seed or PIN with anyone. Store the seed offline in a secure location such as a fireproof safe or safety deposit box.

Frequently Asked Questions

Can I use my Trezor Model T with third-party wallets?Trezor Model T is compatible with several third-party applications including Electrum, MetaMask (via WalletConnect), and MyEtherWallet. Ensure connections are made only through verified platforms to avoid phishing risks.

What should I do if I forget my PIN?After multiple incorrect attempts, the device will enforce increasing delays before allowing another try. If you forget your PIN, you must reset the device using your recovery seed and set it up again as a new device.

Is it safe to buy a used Trezor Model T?Purchasing a used hardware wallet is highly discouraged. A previous owner could have tampered with the device or installed malicious firmware. Always buy from authorized retailers to ensure authenticity.

How do I recover my wallet on another device?If your Trezor Model T is lost or damaged, you can restore access to your funds on any Trezor device by selecting 'Recover wallet' during setup and entering your recovery seed in the correct order.