1. Install and run Trezor Suite

If you don’t have Trezor Suite installed yet go to trezor.io/start and click Download for desktop.

Once the installation is finished, open Trezor Suite.

When Trezor Suite opens, you’ll see “Connect & unlock your Trezor.”

Plug in your Trezor Safe 5 using the USB-C cable.

After connection, Suite will display the Device security check.

If anything looks unusual, see Authenticate your Trezor Safe 5 for guidance on verifying your device.

Your Trezor ships without firmware for security.

Trezor Suite will guide you to install the latest version of the firmware.

You can choose between Standard or Bitcoin-only firmware.

Click Install firmware and wait for the installation to complete.

Your Trezor will restart automatically.

After firmware installation, Trezor Suite will perform a Secure Element authenticity check.

This cryptographic check confirms your Trezor Safe 5 was genuinely made by Trezor and hasn’t been altered.

Click Start and follow the steps on the Trezor device to complete the check.

After the authenticity check, your device will offer a short tutorial "Know your Trezor."

Follow the tutorial on your Trezor device, or click Skip. Once completed, click on Continue:

Trezor Suite now guides you through creating your wallet and your wallet backup.

Click Create a new wallet if this is your first setup, or Recover if you’re restoring one from an existing backup.

After selecting Create a new wallet, you’ll see a screen where you can choose your wallet backup type.

By default, Trezor Suite recommends the Single-share Backup, which uses 20 words.

For a detailed explanation of backup standards and number of words, see Understanding Trezor wallet backups

Click Create wallet. Your Trezor will ask you to agree to the Terms of Use. Press and hold to create your wallet.

Once your wallet is created, tap Continue.

Then on Trezor Suite, click Continue to wallet backup.

Trezor Suite will first show you backup instructions. Read them carefully and confirm you understand by checking the boxes.

Once you have reviewed those messages, click Create wallet backup.

Your Trezor device will instruct you to write down the words and keep them private.

Your Trezor Safe 5 will display 20 words, one by one. These words form your wallet backup and are the key to restoring access to your wallet.

Your backup is the only way to recover your wallet. Write all 20 words in the exact order on one of the provided backup cards. If the words are lost or written incorrectly, your wallet cannot be recovered.

Navigate using the up and down arrows on the device. You can go backwards to review your words order and spelling. When you are finished, tap Continue.

Your Trezor will then ask you to select specific words from your backup to verify you've written them down correctly.

Never enter your backup anywhere other than directly on your Trezor device. Fake apps and websites may try to trick you into typing your words. If you do, your funds can be stolen. Keep your backup written on paper or metal and stored safely offline.

After your wallet backup is created, Trezor Suite will ask you to set a PIN.

Your PIN protects your device from unauthorized access.

Click Set PIN and follow the on-screen instructions.

Your Trezor Safe 5 will prompt you to enter the PIN directly on the device’s touchscreen.

Use a PIN of at least 4 digits. You can use up to 50 digits.

Avoid simple sequences (for example, ‘12345’) and numbers that are personally meaningful (birthdays, etc.).

You can change the PIN later in Settings → Device.

The device allows 16 incorrect PIN attempts.

After 16 incorrect PIN attempts, the wallet will be erased from the Trezor device. You can only restore your wallet with the wallet backup.

To learn more about creating and managing your PIN, see PIN protection on Trezor devices.

You can use the space provided on your wallet backup card if you want to write down your PIN. Always keep your wallet backup private and offline.

Curious about how PIN protection works technically? See Secure Elements on Trezor Safe devices.

The last step is to select which cryptocurrencies you want to manage in Trezor Suite.

By default, only Bitcoin is enabled. Click to select any additional assets you’d like to use. For a full list of supported assets, visit trezor.io/coins

You can change these selections anytime later in Settings → Coins.

You don’t need to enable every coin now. You can always add or remove assets later without affecting your wallet or backup.

You’ve successfully set up your Trezor Safe 5.

You’re now ready to send, receive, and manage your crypto securely.