What Happens If You Lose or Break Your TREZOR Model T Hardware Wallet?

Restoring Access to Crypto Assets

• 🔑 If your TREZOR Model T is lost or broken, nothing should happen to your crypto assets as long as you have your recovery phrase.
• 💡 The recovery phrase (also known as a seed phrase or backup phrase) is the key to restoring access to your funds.
• 🛠️ You can use a different hardware wallet or an app to input your recovery phrase, which will regenerate the same private keys.

Importance of Passphrases and Recovery Phrases

• ⚠️ If you used passphrases with your TREZOR Model T, you must also input these during the recovery process.
• 🔒 It is crucial not to share your recovery phrase with anyone, as access to it means access to your funds.
• 🚫 If you lose your recovery phrase, you will be locked out of your funds and unable to restore them.

Using Alternative Devices for Recovery

• 📱 A different hardware wallet can be used to restore your TREZOR Model T account using the recovery phrase.
• 💻 Alternatively, an app can be used, but be aware that this means your wallet will have internet access, potentially reducing its security compared to a hardware wallet.