Unboxing & first checks
When your hardware wallet arrives, do a quick but careful inspection. Verify the outer packaging is factory sealed and untampered. Compare the box contents with the manufacturer’s packing list: device, cable, quick-start guide, and typically a recovery card or sheet. If anything looks altered or missing, pause and contact the seller or manufacturer support before proceeding.
Visit the official start page (recommended)
Manufacturers typically provide a canonical “getting started” page with official downloads and step-by-step instructions. Use only the official start page provided by the vendor — do not follow random search results or social links that may be fraudulent. If you plan to link from this page to an official resource, use a verified URL (replace the placeholder REPLACE_WITH_OFFICIAL_START_URL).
Install the companion app
Most hardware wallets require a companion app for firmware updates, app installation, and account management. Download companion software only from the vendor’s official page and verify cryptographic signatures if provided. After installing the app, open it and follow the guided setup flow. Keep your computer and mobile operating systems up to date and avoid installing additional, unrelated browser extensions during setup.
Initialize the device
- Power and connect: Attach the device using the supplied cable when instructed by the companion app.
- Choose "Set up as new device": Unless you are restoring from an existing backup, always choose to create a fresh wallet.
- Create a secure PIN: Use a PIN that you can memorize but is not trivial. This PIN protects the device locally, adding a layer of physical security.
- Record the recovery phrase: The device will generate a recovery (seed) phrase — typically 12, 18, or 24 words. Write the words in order on the supplied card or on a robust metal backup. DO NOT photograph or save the seed to any online or connected storage.
Secure storage of the recovery phrase
The recovery phrase is the ultimate backup to your funds. Treat it like the highest value secret you own. Recommended practices include:
- Use a durable, tamper-resistant backup method (stainless steel or other metal plates) for long-term storage.
- Keep multiple physical copies in geographically separated secure locations (home safe, bank safe deposit box, trusted custodian).
- Consider splitting the phrase using secret-sharing methods if you have expert knowledge and the requirement for distributed custody.
Optional passphrase and advanced security
Many devices support an optional passphrase that augments the recovery phrase and produces additional hidden accounts. This is a powerful feature that increases security against physical coercion or theft, but it introduces extra operational complexity and a single point of permanent failure if you forget the passphrase. Use it only if you fully understand the trade-offs.
Firmware updates — keep everything current
Firmware patches close vulnerabilities and add support for new assets. Apply firmware and app updates only via the official companion software. The device will prompt you to approve firmware changes — verify update details on the device screen before approving. If you encounter an update error, stop and consult the official support channels rather than following guidance from strangers.
Install coin-specific apps & manage accounts
Hardware wallets usually separate blockchain support into per-coin “apps.” Using the companion software, only install the apps for the assets you plan to hold. Add and label accounts in the management interface and test that balances display correctly.
First transactions — safety checklist
- Always verify the receiving address on the device’s built-in screen.
- Send a small test amount to confirm the end-to-end flow works and the address corresponds properly.
- When sending, confirm transaction details (amount, destination address, fees) on the device screen before approving.
Common mistakes & how to avoid them
- Storing your secret recovery phrase in digital photos or cloud notes — never do this.
- Trusting unsolicited help that asks for your seed phrase — manufacturer support will never request it.
- Buying secondhand devices without verifying they were never previously initialized — prefer sealed, new-in-box purchases for custody-critical hardware.
Advanced custody options
If you are protecting very large holdings, consider multi-signature setups, distributed backups, professional custody solutions, or air-gapped signing workflows. Each approach increases security but comes with additional operational and recovery complexity; carefully document and test your recovery procedures before entrusting substantial funds.
Checklist — ready to go live
- Package authenticity and device integrity verified.
- Companion app installed from official source (REPLACE_WITH_OFFICIAL_START_URL if linking).
- PIN set and recovery phrase recorded and stored in secure locations.
- Firmware and software updated to latest versions.
- Complete a small test transaction to verify the setup end-to-end.
Support & resources
If you need assistance, always use the vendor’s official support channels. Avoid advice from unverified social accounts or strangers. If you link to the vendor’s official page from this template, be sure to use a verified URL and clearly indicate that the destination is the manufacturer's official site.
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