Move crypto to a wallet with a new wallet backup
If your wallet backup (formerly recovery seed) has been lost, or if you think that your wallet backup might have been compromised, we recommend sending your funds to your other Trezor device as soon as possible (see our article called Send crypto in Trezor Suite).
If you own only one Trezor device, you can move your funds to a new wallet with a new wallet backup but doing so safely is a relatively complicated process.
TABLE OF CONTENTS
- Lost your wallet backup
- Your wallet backup has been compromised
- You only have one Trezor available
- You have multiple Trezor devices available
Lost your wallet backup
If you lost your wallet backup, but still have access to your wallet, you should move your funds elsewhere immediately. You can then wipe the Trezor device and create a new wallet with a new wallet backup.
It is recommended to have a spare Trezor device for situations like these. If you have time to do so, order the second Trezor device from the Trezor shop.
If you already have a spare Trezor, or once your new Trezor arrives please proceed with the steps described in the "You have mulitple Trezor devices available" section of this article.
You will need:
- Your Trezor device
- A sheet of paper (an empty wallet backup card or new wallet backup)
- A pen
If you are under time pressure, consider taking these steps:
1. Send you cryptocurrencies to a third-party compatible wallet.
2. Wipe your Trezor device:
- How to wipe a Trezor Model One
- How to wipe a Trezor Model T
- How to wipe a Trezor Safe 3
- How to wipe a Trezor Safe 5
3. Set up your Trezor with a new Wallet Backup and carefully write the Wallet Backup down
- Process for setting up a Trezor Model One in Trezor Suite
- Process for setting up a Trezor Model T in Trezor Suite
- Process for setting up a Trezor Safe 3 in Trezor Suite
- Process for setting up a Trezor Safe 5 in Trezor Suite
- Also consider enabling passphrase protection for an added layer of security
4. Now you need to get the receiving address for your newly generated wallet:
- Go to the Accounts page and select or add an account for the cryptocurrency that you will be transferring.
- Click on the Receive tab in the selected account.
- Click Show full address and make a copy of the receiving address of your new Trezor account (see Receiving payments).
5. Transfer the cryptocurrencies from the third-party wallets to your newly backed-up Trezor wallet.
Your wallet backup has been compromised
You only have one Trezor available
You will need:
- Your Trezor device
- Your current wallet backup
- A sheet of paper (an empty wallet backup card or new wallet backup)
- A pen
1. Make sure you have the original wallet Backup available. Before starting, check the wallet backup is valid by performing the check wallet backup process:
- Check your wallet backup on a Trezor Model One
- Check your wallet backup on a Trezor Model T
- Check your wallet backup on a Trezor Safe 3
- Check your wallet backup on a Trezor Safe 5
2. Wipe your Trezor device:
- How to wipe a Trezor Model One
- How to wipe a Trezor Model T
- How to wipe a Trezor Safe 3
- How to wipe a Trezor Safe 5
3. Set up your Trezor with a new wallet backup and carefully write down the wallet backup
- Process for setting up a Trezor Model One in Trezor Suite
- Process for setting up a Trezor Model T in Trezor Suite
- Process for setting up a Trezor Safe 3 in Trezor Suite
- Process for setting up a Trezor Safe 5 in Trezor Suite
- Also consider enabling passphrase protection for an added layer of security
4. Now you need to get the receiving address for your newly generated wallet:
- Go to the Accounts page and select or add an account for the cryptocurrency that you will be transferring.
- Click on the Receive tab in the selected account.
- Click Show full address and make a copy of the receiving address of your new Trezor account (see Receiving payments).
5. Make sure that you have your new wallet backup written down and verify it by performing a check wallet backup process:
- Check your wallet backup on a Trezor Model One
- Check your wallet backup on a Trezor Model T
- Check your wallet backup on a Trezor Safe 3
- Check your wallet backup on a Trezor Safe 5
6. Wipe the device:
- How to wipe a Trezor Model One
- How to wipe a Trezor Model T
- How to wipe a Trezor Safe 3
- How to wipe a Trezor Safe 5
7. Recover your old wallet using the old wallet backup:
- Recover your wallet on a Trezor Model One
- Recover your wallet on a Trezor Model T
- Recover your wallet on a Trezor Safe 3
- Recover your wallet on a Trezor Safe 5
8. Send your funds to the receiving address you generated from your new wallet backup (see Making payments).
9. Wipe your device again. Consider your old wallet backup compromised - it should not be used again.
10. Recover your Trezor using your new wallet backup.
11. The funds should appear as a pending incoming transaction.
You have multiple Trezor devices available
1. Initialize your other device. Create a backup for this new wallet by carefully writing down the wallet backup offline:
- Process for setting up a Trezor Model One in Trezor Suite
- Process for setting up a Trezor Model T in Trezor Suite
- Process for setting up a Trezor Safe 3 in Trezor Suite
- Process for setting up a Trezor Safe 5 in Trezor Suite
2. Make sure that you have your new wallet backup written down and verify it by performing a dry-run recovery:
- Check your wallet backup on a Trezor Model One
- Check your wallet backup on a Trezor Model T
- Check your wallet backup on a Trezor Safe 3
- Check your wallet backup on a Trezor Safe 5
3. Generate the necessary receiving address(es) and make a copy of it or them
4. Transfer the cryptocurrencies from the device with the original wallet backup into the other device (see Making payments).
5. Wipe the original device, or use the old wallet backup for other purposes:
- How to wipe a Trezor Model One
- How to wipe a Trezor Model T
- How to wipe a Trezor Safe 3
- How to wipe a Trezor Safe 5
Enable passphrase protection to add an extra layer of security to your accounts.
It is recommended to get a spare Trezor device to ensure maximum safety and convenience for processes which require handling the wallet backup.