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Hardware Wallet Setup

Engineer/DeveloperSecurity SpecialistMultisig Security

Authored by:

Isaac Patka
Isaac Patka
SEAL | Shield3
Geoffrey Arone
Geoffrey Arone
Shield3
Louis Marquenet
Louis Marquenet
Opsek
Pablo Sabbatella
Pablo Sabbatella
SEAL | Opsek
Dickson Wu
Dickson Wu
SEAL

Reviewed by:

Piña
Piña
Coinspect
engn33r
engn33r

Recommended devices

Ledger:
  • Ledger Stax
  • Ledger Nano S Plus
Trezor:
  • Trezor Model One
  • Trezor Safe 3

Initial setup

Purchase & Verification

  • Purchase only from manufacturer or authorized resellers
  • Verify tamper-resistant packaging is untouched
  • Check for authenticity indicators on packaging

Device configuration

  • Update firmware to latest version before creating accounts
  • Configure PIN - Use unique, strong PIN (different from other devices)
  • Generate seed following device instructions
  • Create accounts as needed

Backup device

Every signer MUST maintain a backup device. If the first device fails it is better to have a second one ready to go without having to access the seed phrase.

  • Second hardware wallet with same seed phrase
  • Test both devices can create valid signatures
  • Store backup securely
  • Monthly verification that backup device functions correctly