Once connected, you’ll be prompted to initialize your device. This step involves creating a new wallet and generating a recovery seed. The recovery seed is a core element of Trezor’s security architecture. During initialization, the device will display a unique set of 12, 18, or 24 words. These words must be written down carefully and stored in a safe place offline. Anyone who gains access to your recovery seed can access your funds, even without the physical device, so it’s crucial to handle it with absolute caution.
After recording your seed, you’ll be asked to set a PIN code. This PIN acts as a physical security barrier, preventing unauthorized users from opening the device if it is lost or stolen. You will enter the PIN directly using Trezor Suite in combination with the device's secure input method, which ensures that the PIN cannot be captured by malicious software running on your computer. Choose a PIN that is not easily guessable and avoid using common patterns.
Once your device is initialized and secured, Trezor Suite opens its main dashboard. Here, you can view your portfolio, send and receive cryptocurrencies, and track real-time analytics. The interface is visually intuitive and includes features like coin management, address labeling, and transaction history. You can add multiple accounts for different assets and manage each one separately, making it easy to organize your crypto holdings.