The process in this video is now obsolete as of November 2020. (Unless you are running a local, standalone version of the Trezor web wallet) The updated video can be found here: short video that covers how to do the factory reset (wipe), recover an existing seed (any BIP39 seed) on to your Trezor and how to run the Dry Run Recovery process (How to verify that your existing seed phrase backup is correct). This is also worth knowing about in terms of being familiar with the legitimate process so that you don't fall victim to entering your seed into a phishing site and getting scammed.
Also have a quick look at both the standard recovery and the advanced recovery, talking about why this difference matters, particularly if you have a shorter 12 word seed....
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If you are new to Crypto, my suggestion is that you start with buying ~$150 worth of Bitcoin, Ethereum, Litecoin @ Coinbase and get familiar with storing it, moving it around, etc.
For your first purcahse, just stick with CoinBase: Trading, just start with Binance: sticking with large, reputable exchanges for your first purchase (Coinbase) and first trade (Binance) you can avoid getting scammed right at the start by purchasing a non-existing coin off a scammy exchange. (You would be surprised how many people fall into this trap)
Don't have a hardware wallet?
Be safe and buy them direct from the manufacturer. (Not just through some random on eBay, Amazon, etc)
Get a Ledger: you are just starting out, I would just recommend a Ledger Nano S)
If this was helpful, feel free to send me a tip:
BTC: 37hiiSB1Poj6Shs8WawPS2HjT2jzHkFSQi
BCH: qr9qenlgjh0xlyz802h70ul69rpdj8z6qyuh7m79ah
LTC: MRWnUcsyofisVp5GvX7nxMog5caneycKZ6
ETH: 0x14b2E26021d0Ce8E2cE6a2Eb6E2690714bB18E17
VTC: vtc1qxauv20r2ux2vttrjmm9eylshl508q04uju936n
ZEN: znUihTHfwm5UJS1ywo911mdNEzd9WY9vBP7
#trezor #bitcoin #btc #ethereum #eth #cryptocurrency #crypto #ledger #security
Recommended Reading >> bit.ly/32kRpzw
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