Set up your Trezor One wallet in five easy steps

April 21, 2020 elysium News Views - 720

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Important facts:

Before starting, the user should check that the wallet packaging is sealed.
The SatoshiLabs device supports over a thousand cryptocurrencies and ERC-20 tokens.

Maintaining security and protecting cryptocurrencies are habits that every enthusiast of this ecosystem needs to develop. Dealing with bitcoins or ethers, for example, has to be taken very seriously because it is an intangible asset, but we have to get it as best we can. For this reason, we will show you how to configure your Trezor One wallet, a popular wallet from hardware manufactured by SatoshiLabs.

Physical cryptocurrency wallets are like the Trezor One wallet specially developed to increase the security level as private keys are stored in your own wallet and not on a computer or mobile device.

The wallet does not remain connected to the Internet or a blockchain, but to sign the transactions it must be connected to a computer on-line. The Trezor One wallet is a lightweight device with a user-friendly interface that was released in 2014. It is currently one of the most widely used physical wallets on the market.

Unpack the Trezor One wallet

The first thing you notice when configuring the Trezor One wallet is that the case is sealed with a strong adhesive and two seals with holograms to verify authenticity. The manufacturer recalls that the user should contact the company or its most direct supplier if one of the seals is broken or the box is broken.

When you open the packaging, you bring the Trezor One wallet, a USB cable, two cards to write down the 24 words of recovery, an instruction manual, a small adhesive tape for transport and four decals or stickers with the Trezor brand.

trezor step by step — The box contains the Trezor One wallet, a USB cable, two cards to write down the 24 words of recovery, an instruction manual, a tape for transportation and four decals or stickers. Photo: Rafael Gómez Torres.

To start the setup process, the wallet must be connected to a computer with an internet connection as this is done online through the Trezor website. The Google Chrome browser was used to write this article, although it is also compatible with Mozilla Firefox. An initial configuration attempt via the Microsoft Edge browser was unsuccessful because no support is offered.

When connected, the Trezor One wallet turns on its monochrome screen with the brand logo. Immediately the The user must enter trezor.io/start to start the configuration process.

Welcome and selection of the wallet

The user is welcome on the page and the message “Select your device to continue” is displayed. At this point, the two Trezor wallet options available on the market are displayed, the Trezor One and the Trezor T. In this case, we choose the Trezor One wallet to begin configuration.

Before you start configuring your wallet, you need to choose the appropriate model, in this case the Trezor One. Source: Trezor.

By doing it Click on, a Notification in which the user must check whether the hologram indicated on the packaging is authentic like the one shown on the screen. The company underlines this review with the following report.

The manufacturer attaches great importance to checking the seals with holograms on the packaging to check their authenticity. Source: Trezor

“If the hologram stamps are missing or look different than in the previous video, please contact our support immediately. When we receive the information, we will analyze it and answer you. We recommend not to use the device in the meantime,” says it on the website. Once you’ve verified that the stamps are original, click the “Go to Portfolio” button.

After this review The user must install the Trezor Bridge program on their computer, an application designed for the Trezor One wallet to interact with compatible browsers. This installation will be notified and the person just needs to continue with the process. To complete it, the portfolio must be separated from the computer. It is also possible to install an extension for Chrome.

installation of Firmware

The Trezor One wallet, like the Estate, is sent to users without a user Firmware Installed. The wallet is designed to run with the latest version of the software to maximize device security. This transparency measure also gives the user more confidence because he and he is the first to manipulate the Trezor One wallet.

On the installation screen, SatoshiLabs reminds you that the authenticity of the Firmware It is checked when the device starts. If the program is not properly signed by SatoshiLabs, the wallet will display a warning on your screen.

As soon as the connection is established, you can start installing the device firmware on the Trezor page. Source: Trezor

When the wallet is reconnected to the computer, simply click the “Install” button to start the download and installation process Firmware»From the website wallet.trezor.io a page to which you will be automatically redirected.

A progress bar is displayed on the screen, showing the progress of the download and the subsequent installation. While this is happening on the computer screen, in the wallet Trezor Two moving aisles are displayed to notify that the Firmware last officer. For the purposes of this article, firmware 1.8.0 was installed and then updated to 1.9.0.

The wallet firmware can be downloaded and installed in a few seconds. Source: Trezor

New portfolio and new keywords

When installing the FirmwareThe next step in setting up your Trezor One wallet is to choose one of two options: create a new wallet or get an existing one. In our case, we will create a new portfolio. The option to restore an existing portfolio is intended for those cases where the user wants to restore a new wallet with his private keys and access his credit.

Once the latest firmware is installed, you need to choose whether to create a new portfolio or restore another. In our case, we will choose to create a new portfolio. Source: Trezor

At this point, the main menu is displayed, where you can manage the funds and create a backup. This generates the key words that must be found in the notebooks contained in the packaging. These 24 words are displayed twice in succession on the Trezor One wallet screen, not on the computer screen. The security of this information is critical to the security of the funds.

Remember to record the words to restore your device in the event of loss, theft or loss. Source: Trezor

The entry must be made in the exact order that corresponds to each field from number 1 to 24. These are random English words that generally consist of three to eight letters. Words are only displayed on the screen when the user presses the «keynext»Or next in the portfolio.

Security PIN and wallet name

Once the keyword process is complete, you will need to create a security PIN to access the device every time you work with it. The computer screen shows nine fields with a dot in the middle that simulates a numeric keypad without displaying the digits. These are appears randomly in the Trezor One wallet. The order of the digits changes each time the device is entered.

To maximize wallet security, a PIN can be configured and the device can be accessed once connected. Source: Trezor

To set the PIN, all you have to do is select a password by selecting the fields that correspond to the numbers from 1 to 9. In this case, we have set a six-digit password. Click Next to confirm the PIN.

If you want, you can give the Trezor One wallet a name. The idea is to identify them and differentiate them from other wallets. The name you choose appears on the home screen of the wallet together with the word Trezor every time you connect it to your computer. This name can be changed if you consider it appropriate. Done, the Trezor One wallet is already configured for operation.

Once the wallet is configured, you can send and receive cryptocurrencies with your Trezor One. The tabs are shown at the top: Transactions, Send, Receive, Sign and Verify. On the left side, the accounts for each cryptocurrency you want to operate are displayed. Source: Trezor

Configuring the Trezor One takes 10 to 15 minutes without any inconvenience. The longest time is used to record the keywords in the notebooks placed on the packaging.

Once the process is complete, the wallet can send or receive cryptocurrencies. The Send, Receive, Transaction, Signature, and Verification tabs appear at the top of the computer screen. The left part of the menu shows the accounts you can create as a user, one for each specific currency.

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