₿ Crypto & Web3
Hardware Wallet Setup: Secure Cold Storage in 10 Steps
A safe, vendor-verified process for initializing a hardware wallet, backing up your seed, and testing restores.
Steps
1
Buy direct from the manufacturer
Avoid third-party resellers when possible.
2
Check integrity
Verify tamper seals/serial; install official app only.
3
Offline initialization
Generate seed on device, not on a computer/phone.
4
Record seed phrase
Write it down legibly; no photos/cloud copies.
5
Optional passphrase (BIP39)
Adds a "25th word"—great for privacy (don't forget it).
6
Update firmware
Through the official app; verify device ID.
7
Create a receive address
And verify it on the device screen.
8
Send a test transaction
Confirm on device.
9
Backup hardening
Consider a steel plate; split storage locations.
10
Disaster rehearsal
Wipe a spare device (or software wallet) and restore from seed to confirm it works.
Frequently Asked Questions
What if I lose the device?
Funds are recoverable with the seed (and passphrase).
Can I store multiple coins?
Yes—install relevant apps; confirm chains.
Is a passphrase risky?
Only if you forget it—document securely.