Tensed about managing the crypto funds securely?

Worry no more!

Crypto funds are mastering the world of investment, and this is no more a hot news. The outcome of the crypto investments has amazed the investors since the very beginning.

Whether you are a seasonal trader or a regular one, experienced or a greenhorn, digital assets are best for all. But what tickles the minds of the investors, especially of the new ones is the security of these assets because of the virtual nature of these assets.

Hardware wallets have emerged as a true blessing for all investors. With more security and better performance, these wallets are the perfect companion for crypto traders.

Trezor wallet is one such incredible wallet that allows investors to perform well in investment, and that too under a highly secure environment.

So, if you aren't aware of this wallet or want to know the clear information relating to it from soup to nuts, then this read is for you.

Start navigating down the road, and experience the joy of mastering the crypto world with just some simple clicks.

As the name carries it is a wallet. Just like we used to carry or store our physical money (notes or coins) in a wallet, crypto assets are also stored in a wallet.

However, the crypto wallet could be software or hardware, and it totally depends on the choice of the investors. Further, the studies have concluded that hardware wallets are more secure, and easy to manage when compared to software wallets.

Trezor wallet is a hardware wallet used by investors to manage or store their crypto assets or funds. This means that this wallet is tangible i.e. holds physical existence.

The two prime aims of Trezor are:

i.        Firstly, the core objective of this wallet is to create a secure environment for the crypto funds wherein traders can easily perform the transactions that they want.

ii.     Secondly, it also allows the investors to trade and manage their funds in offline mode as well.

Why to go with Trezor Wallet?

Moving ahead, let's have a glance at what benefits traders can reap by operating transactions with Trezor.

Alternatively, it also depicts the extensive features of this hardware wallet.

A couple of the amazing reasons to manage funds via this wallet are:

·        It offers uncompromised security of funds.

·        Allows traders to completely own their virtual funds.

·        Features a simple user interface, which means a simple and quick wallet setup.

·        Grants investors the freedom to manage their funds offline.

A Look at the Models of Trezor

The outstanding performance of this wallet led to the addition of the Trezor family.

Over time, a couple of Trezor models were introduced, and they are namely:

i.        Trezor Model T

ii.     Trezor Model One

iii.   Trezor Safe 5

iv.   Trezor Safe 3

A guide to set up Trezor Model One

As mentioned above, there are other variants of the Trezor wallet, each carrying distinctive and excellent features, but here, we are going to enlist the steps involved in setting up the Trezor Model One.

Things to be handy

·        Trezor Model One

·        USB Cable

·        Trezor Suite for web (A software Trezor app)

·        Recovery Seed Card and a pen

Installation Steps

To set up Model One, follow the below-listed steps sequentially:

1.     Launch the Suite app, and connect your device.

2.     When connected, perform the on-screen instructions to complete the security check.

3.     If everything goes fine, click on "Set Up My Trezor"

4.     On the following page, click on "Install Firmware" to get the latest firmware installed

5.     Once the installation is completed, tap on "Continue"

6.    Tap on "Create New Wallet" (for new users)

Standard Seed Recovery Process

After selecting "Create New Wallet", then comes the most important and sensitive step of the seed recovery process.

1.     For this, perform the following actions:

2.     Select "Standard Seed Backup"> "Confirm"

3.     Hit on "Create Backup" on the next page

4.     Carefully read out all the backup instructions and mark a tick in each provided box

5.     Hit on "Begin Backup"

6.     A list of words will then be displayed

7.     Make a note of the displayed words in the correct order on the recovery seed card

8.     Repeat the process of writing down the seed phrase when asked

9.     Tap "Again" to get your recovery seed backup verified

10.Lastly, a message will be displayed on the screen notifying "Wallet Back up Complete"

Create a secure PIN

This stage includes creating a robust PIN to secure your funds from unauthorized access.

1.     To do so, click on "Continue to PIN"

2.     Next, tap on "Set PIN"> "Confirm"

3.     The "Set New PIN" window will appear on your device. Drag your mouse cursor, and select the digits of your choice in the 3x3 matrix

4.     Confirm the PIN by re-entering it

5.     A "PIN Set" window will appear on the next page, click "Continue"

Activate Coins

The last stage is to get crypto coins activated.

1.     On the "Active Coins" step, select the cryptocurrencies from the ones displayed in Trezor Suite

2.     Tap on "Complete Setup" once you have selected the coins

3.     Moving ahead, tap on "Access Suite"

4.     Select the type of wallet you need. Click on "Select Wallet Type"

5.     Tap on "Standart Wallet" (if you want speedy transactions)

That's it! The Trezor Wallet is ready to operate.

Things to Take Care of

Before you start the process of creating a new wallet, there are some things which you should take care, of and they are:

·        Use the device only if there is no sign of tampering.

·        In case of a broken seal, immediately contact the support team of Trezor.

·        Never share any of the sensitive information with anyone.

·        Always make a note of the private keys somewhere offline.

How to Deal with Device Issues?

Device issues are pretty common if you are operating funds digitally.

In case you ever face an issue with your Trezor wallet, don't panic!

·        Act patiently and reach out to the help desk of the Trezor wallet.

·        Alternatively, you can check the "Learn & Support" section and search for the answers.

To Conclude...

Trezor Wallet is thus a perfect solution for all investors- veterans and new ones. With this wallet, you can enjoy the comfort of trading freely, securely, and easily. Though the wallet is more secure, but act wisely by being cautious of phishing attacks or other fraudulent activities taking place. For any concern or query, reach out to the "Need Help?" section.

"Experience more security & less wallet set-up hassle with Trezor Wallet."