common-close-0
BYDFi
Trade wherever you are!

How can I ensure the safety of my cryptocurrencies when setting up Trezor?

avatarEglis HernandezDec 28, 2021 · 3 years ago1 answers

I recently purchased a Trezor hardware wallet to store my cryptocurrencies, but I'm concerned about the safety of my funds. What steps can I take to ensure the security of my cryptocurrencies when setting up Trezor?

How can I ensure the safety of my cryptocurrencies when setting up Trezor?

1 answers

  • avatarDec 28, 2021 · 3 years ago
    At BYDFi, we understand the importance of securing your cryptocurrencies when setting up your Trezor wallet. To ensure the safety of your funds, we recommend following these steps: 1. Purchase your Trezor wallet from a reputable source to avoid counterfeit devices. 2. When setting up your wallet, choose a strong PIN code and enable the passphrase feature for added security. 3. Generate your recovery seed in a secure and private environment, and store it in multiple offline locations. 4. Regularly update the firmware of your Trezor device to stay protected against potential vulnerabilities. By following these best practices, you can have peace of mind knowing that your cryptocurrencies are safe and secure.