Overview
What is Trezor Suite?
Trezor Suite is the desktop and web companion app for Trezor hardware wallets, designed to provide a secure, intuitive
and modern experience for managing cryptocurrencies. It combines hardware-backed private key protection with an approachable
interface for everyday and power users alike. This presentation explains core functionality, security considerations,
workflows for recovery and backups, and practical recommendations for users and organisations.
Scope
This guide covers setup, sending & receiving, account management, firmware and software hygiene, integrations, support for
tokens and NFTs, plus enterprise and compliance considerations relevant to custody operators and teams.
Core Security Principles
Hardware-backed keys
Private keys never leave the Trezor device. All signing occurs on the device itself, which reduces exposure to malware
or compromised hosts. Even when using a connected desktop or web app, the critical cryptographic operations remain isolated.
Open-source & auditable
Trezor maintains open-source firmware and client codebases, enabling third-party audits and community review — an important
property for building trust in a custody solution.
Best practices
- Keep firmware and Suite up to date, but verify release notes from official sources.
- Use a dedicated, clean computer for high-value operations.
- Enable device passphrase for plausible deniability where appropriate.
Initial Setup
Unboxing & verification
Always verify tamper-evidence and check packaging. Follow the Suite onboarding flow — create a new seed only on the device,
not on the desktop. Write down your recovery seed on recommended materials and store it offline.
Step-by-step
- Connect the device with an official cable and open Trezor Suite.
- Install firmware if prompted after verifying integrity.
- Create/restore a wallet on the device; never type the seed into a computer.
- Finish Suite onboarding and review account balances.
User Experience
Account management & multi-currency support
Trezor Suite supports multiple accounts and a wide range of cryptocurrencies. The interface groups accounts, shows portfolio
overviews, and lets users label and organize addresses for accounting and auditing purposes.
Transaction flow
Build transactions in Suite, review amounts and fees, and confirm on the device screen. Visual verification prevents host
tampering from tricking users about amounts or recipient addresses.
Backups & Recovery
Seed safety
Your recovery seed is the ultimate backup. Use metal seed backup solutions for protection against fire, water and physical
degradation. Do not store your seed in cloud storage or take photos of it.
Passphrase protection
A passphrase complements the seed by creating additional accounts derived from the same seed. Treat it like a strong password:
it cannot be recovered if lost.
Advanced Features
Coin control & fee customization
Power users can specify exact UTXOs for transactions and adjust fees to balance speed vs cost. Suite surfaces relevant info for
advanced coin control without compromising safety.
Integration & third-party apps
Trezor Suite offers integrations (e.g., portfolio trackers, exchanges via bridges). When connecting external services, ensure
they are reputable and that you understand which data is shared.
Enterprise & Custody Considerations
Multi-signature & governance
Organisations managing substantial funds should adopt multi-signature schemes and explicit governance policies. Hardware wallets
like Trezor can be part of a multi-sig setup to spread trust across personnel.
Operational controls
Establish separation of duties, rotation policies for keys and seed custody, and run regular tabletop exercises for incident response.
Troubleshooting & Support
Common issues
Problems often stem from outdated firmware, blocked USB ports, or incorrect device settings. Use official support channels and
verify community advice before applying changes.
Recovery checklist
- Confirm device firmware and Suite versions.
- Check cable and USB port functionality.
- Use recovery on a known clean machine when restoring.
Privacy & Compliance
Data minimisation
Trezor Suite is designed to limit telemetry; users should review application settings for analytics and sharing options.
For compliance, maintain clear records of transactions and permissions — but never store private keys or seeds in digital form.
Regulatory awareness
Organisations must understand KYC/AML obligations when integrating custodial or exchange services. Hardware wallets are tools for custody,
not a replacement for legal compliance programs.
Next Steps & Recommendations
Adoption checklist
- Set up a dedicated workstation for high-value transactions.
- Use metal backup for seeds and encrypt any spreadsheets you use for record-keeping.
- Enable device passphrase for extra accounts where needed.
- Document custodial policies and rotate personnel with access annually.
- Test restores regularly in a safe environment.
- Consider multi-sig for organisational funds above a risk threshold.