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Is it possible to reset Trezor without losing my cryptocurrency holdings?

avatarRajdeep JadavDec 16, 2021 · 3 years ago3 answers

I have a Trezor hardware wallet and I'm wondering if there is a way to reset it without losing all my cryptocurrency holdings. Is it possible to reset my Trezor device and still keep my digital assets intact?

Is it possible to reset Trezor without losing my cryptocurrency holdings?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Yes, it is possible to reset your Trezor without losing your cryptocurrency holdings. When you reset your Trezor, it will generate a new recovery seed phrase. As long as you have your old recovery seed phrase, you can use it to restore your wallet and access your funds again. Just make sure to keep your recovery seed phrase in a safe and secure place.
  • avatarDec 16, 2021 · 3 years ago
    Absolutely! You can reset your Trezor without any worries about losing your cryptocurrency holdings. The reset process will generate a new seed phrase, and as long as you have your old seed phrase, you can easily recover your funds. Remember to store your seed phrase in a secure location to protect your assets.
  • avatarDec 16, 2021 · 3 years ago
    Yes, it is possible to reset your Trezor without losing your cryptocurrency holdings. When you reset your Trezor, it will wipe all the data on the device, but your funds are not stored on the device itself. They are stored on the blockchain. To access your funds again, you will need to use your recovery seed phrase to restore your wallet on your Trezor or any other compatible wallet.