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Setting up a hardware wallet, step by step

Lesson 3 of 6
After this lesson you’ll be able to set up a hardware wallet from the sealed box to the first small payment in. The steps are the same for the main makers; only the names change.
A collage of a man in a dark suit at a small wooden table on an empty salt flat, writing on a blue card.

Before you plug it in

Check the box and the seal as lesson 2 describes. Then get the maker’s app, and nothing else.

Ledger’s is called Ledger Wallet (older pages still call it Ledger Live). Trezor’s is Trezor Suite.

Type the maker’s address into the browser by hand and follow its download link. The app is what checks the device is genuine, installs the coin apps and later updates the firmware, so a fake app defeats the whole exercise.

Set aside half an hour, alone, with a pen and the recovery card from the box. Put your phone face down. Nothing in the next half hour should be photographed, and nothing should be typed anywhere except the PIN and backup words on the device.

The box
Complete, and checked as lesson 2 describes.
The app
The maker’s own, from the address you typed by hand.
The time
Half an hour, alone.
The desk
A pen, the recovery card from the box, and your phone face down.
Your checklist before you plug it in.

Here are each maker’s names for the same five things. A device from another maker follows the same steps under its own names, and its guide on the maker’s site gives them.

Ledger
Desktop and mobile app
Ledger Wallet
Words in the backup
24
Genuine check
Genuine Check, in the app
Backup check
Recovery Check app, on the device
Screen you trust
Secure Screen
Trezor
Desktop and mobile app
Trezor Suite
Words in the backup
20 on the Safe models; older models used 12 or 24
Genuine check
Security chip check on the Safe models, and every device ships without firmware
Backup check
Check backup, in Device settings
Screen you trust
Trusted Display

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