Securing your wallet

We would like to present a set of step-by-step user guides and best practises on how to use Trezor HW wallet, which security basics and best practises to follow.

Who should use these guides

These guides are primarily focused on mass population managing their "common" wealth & savings. High value crypto accounts or persons having their lifetime savings in crypto or so-called whales should follow much more strict rules and security measurements than provided here.

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You now probably ask what is a high value, who is a whale or what is the threshhold to follow higher level of security... The right answer is: it's up to you. You have to take into account the risk of losing your crypto and what it would mean to you.

It is also worth mentioning that TREZOR Model T is a device you can buy for around 200 USD, Trezor ONE for around 70 USD. Of course you can store your 10 millions USD in crypto to that device and we would recommend you that, but with such a large stake you have to know what to do when you lose your device, how to store its recovery keys, to which device it is safe to connect it and so on.

Okay, you probably still need a treshold, right? We would say 100 000 USD is the boundary. If you have less than that in your crypto, it should be okay to follow these recommendations, if you are over, you should consider another measurements, complementary devices and modus operandi.

To get an idea how these another measurements could look like, watch/study these sources:


Our intentions and motivation

Before we start, you should know what our intention and motivation is. We are running Cardano Stake Pool and would like to offere these supporting materials to our delegators and whole community to help raise the overall level of education, secure handling and manipulation with cryptocurrencies. Preferably using Cardano's ADA token, TREZOR Model T HW wallet (as this is the tool we are currently using ourselves) and in various languages if possible.

Bugs, mistakes, questions

Should you have any question related to this content or crypto, feel free to contact us on Twitter or Telegram Group. Also if you find and bugs, wrong or misleading information, please get in touch, see contacts at the bottom of this page.

Support / donation

We are doing this completely free without any rewards nor compensation, if you would like to support us, see below couple of options:

  • Delegate your ADA to our Cardano stake pool
    • Ticker: MOON1
    • Pool ID: 8253f8a94044070ddb196884eb3e912e9b6dca9a0e3210325a09a335)
  • Buy Trezor HW wallet or accessories using our affiliate link: https://shop.trezor.io
  • Donate ADA to our wallet addr1qyv2c6p03xptvycd67t5kuu4ujtppe2rjauv9u94n2pq9q5z9wqspgf5ggtmw4tpumsgv8jmecauecd0e9p5u69n2hjqxvec5w

Table of Contents

Before you start

  1. The essential practices and security principles
  2. Choosing the right working tools and security level

Action

  1. Where to buy (and where not) your HW wallet
  2. First setup (Model T)
  3. Securing your recovery keys (seed)

Safe HODLing

  1. Balance check

Contacts