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Wallet management

Trezor Suite allows you to manage multiple cryptocurrency wallets on a single device. Each wallet can contain multiple accounts across different blockchain networks, providing flexible organization for your digital assets.

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Wallet types

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Standard wallet

The standard wallet is the default wallet created when you set up your Trezor device. It is secured by your recovery seed and device PIN.
Your standard wallet is always accessible when you connect your Trezor device to Suite.
Key features:
  • Direct access with PIN authentication
  • Contains all discovered accounts across supported networks
  • Backed up by your recovery seed
  • No additional passphrase required

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Hidden wallets

Hidden wallets (also known as passphrase wallets) provide an additional layer of security. Each unique passphrase creates a completely separate wallet with its own set of accounts and balances.
Passphrases are case-sensitive and there is no way to recover a hidden wallet if you forget the passphrase. Write it down securely.
Use cases for hidden wallets:
  • Plausible deniability: Keep a small amount in your standard wallet and larger holdings in hidden wallets
  • Multiple identities: Separate personal and business funds
  • Enhanced security: Add extra protection beyond PIN and recovery seed

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Creating wallets

1

Connect your device

Connect your Trezor device to your computer and unlock it with your PIN.
2

Access wallet selection

In Suite, click on the wallet name in the top navigation bar to open the wallet selection menu.
3

Add hidden wallet

Click Add hidden wallet to create a new passphrase-protected wallet.You can choose to:
  • Enter passphrase on the device (recommended for maximum security)
  • Enter passphrase in Suite (convenient but less secure)
4

Enter passphrase

Create a strong, memorable passphrase. This can be any combination of characters, including spaces.
Use a passphrase that is easy for you to remember but difficult for others to guess. Consider using a phrase or sentence rather than a single word.

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Switching between wallets

To switch between your wallets:
  1. Click the wallet name in the top navigation bar
  2. Select the wallet you want to access from the list
  3. If switching to a hidden wallet, you’ll need to re-enter the passphrase
Suite remembers recently used wallets for quick access. The wallet list shows all wallets you’ve accessed with the current device.

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Wallet labels

You can assign custom labels to your wallets to easily identify them. This is particularly useful when managing multiple hidden wallets.

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Setting wallet labels

1

Open wallet selection

Click the wallet name in the top navigation to open the wallet menu.
2

Add label

Hover over a wallet and click the pencil icon to add or edit a label.
3

Sync labels

Enable metadata synchronization in Settings → Application to sync labels across devices using Dropbox or Google Drive.
Wallet labels are stored in encrypted form when using metadata synchronization. See Metadata labeling for details.

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Wallet instances

Suite uses the concept of “instances” to manage multiple wallets on the same device. Each passphrase creates a new instance with its own:
  • Device state and session
  • Account discovery process
  • Transaction history
  • Metadata and labels
  • Application settings
// Internal wallet instance structure
interface WalletInstance {
  deviceState: string;        // Unique identifier
  staticSessionId: string;    // Session reference
  walletLabel?: string;       // User-defined label
  metadata: {
    status: 'enabled' | 'disabled' | 'cancelled';
    key: string;
    fileName: string;
    aesKey: string;
  };
}

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Best practices

Label your wallets clearly (e.g., “Savings”, “Trading”, “Business”) to avoid confusion when switching between them.
Store passphrases offline in a secure location, separate from your recovery seed. Consider using a password manager or physical storage.
After creating a hidden wallet, test accessing it multiple times before transferring significant funds.
Maintain a small balance in your standard wallet to provide plausible deniability if ever coerced.

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Removing wallets

To remove a wallet from Suite:
  1. Navigate to Settings → Device
  2. Click Eject device to disconnect and clear all wallet sessions
  3. When you reconnect, only the wallets you explicitly access will appear
Removing a wallet from Suite does not delete it. The wallet still exists on the blockchain and can be accessed again by entering the correct passphrase.

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Security considerations

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Passphrase strength

  • Strong: “My grandmother loves gardening in spring 2024!”
  • Weak: “password123”
  • Very weak: "" (empty passphrase)

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Physical security

When entering passphrases:
  • Ensure no one can see your screen or device
  • Be aware of security cameras
  • Consider using device entry for maximum security

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Recovery

To recover a hidden wallet:
  • You need both your recovery seed and the exact passphrase
  • Passphrases are case-sensitive with no typo correction
  • There is no way to reset or recover a forgotten passphrase

Account discovery

Learn how Suite discovers accounts within your wallets

Metadata labeling

Sync wallet labels and other metadata across devices

Backup and recovery

Understand how to backup and recover your wallets

Security best practices

Advanced security practices for wallet management

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