Achieve Financial Freedom in 4 Steps: Master Crypto Security and Become Your Own Bank | Powered by SatoshiLabs | September 2024

Imagine having complete control over your financial destiny. With Bitcoin and the right tools, this is not just a dream, it is a reality. Unlike traditional assets like real estate, gold, or stocks, Bitcoin offers unparalleled freedom and flexibility. Here’s why Bitcoin stands out:

• Accessibility: Bitcoin is always within reach, no matter where you are in the world. All you need is an internet connection. Other assets often require intermediaries or physical presence.
• liquidity: You can buy and sell Bitcoin at any time. You don’t have to wait for the market to open.
• security: With the right tools, like a hardware wallet, you can keep your Bitcoin safe and secure in your hands.
• dispersion: Bitcoin operates without a central authority. There is no government, no institutions. How many other assets can claim this level of independence?
• Low storage costs: Hardware wallets like Trezor make storing your Bitcoin cost-effective. You only need to set it up once.

So why not take this freedom one step further? By becoming your own bank, you are not only investing in Bitcoin, you are investing in your financial autonomy. You no longer have to rely on banks or traditional financial institutions to store your wealth. Instead, you literally hold the keys to your wealth in a secure and private manner.

Here’s how to do it:

1. Take responsibility: Embrace self-storage with a hardware wallet

Self-parenting may sound intimidating, but it’s simpler than you think. you No banks or exchanges, just you and your secure hardware wallet, giving you complete control over your assets.

In the traditional banking system, your money and assets are controlled by a third party (bank, exchange, etc.), making them vulnerable to potential security risks, privacy breaches, and even access restrictions. What if there was a way to own and manage your assets without these intermediaries? A system where you have complete control and ownership! That’s self-custody.

What self-custody brings is,

• Security and Control: Reduce the risk of hacking or third-party failure and gain direct control over your assets.
• seclusion: Trading under self-protection protects your privacy as you do not need to disclose your personal information to any third parties.
• freedom: Think about decentralization and individual financial sovereignty.

Practicing self-custody is easy. All you need is a wallet, or more precisely, a hardware wallet. Hardware wallets like Trezor facilitate self-custody by providing secure offline storage for your private keys (think of this as the password to the account where your cryptocurrencies are stored). More information can be found here.

Using a hardware wallet

• You own 100% of your coins
• Your wallet is 100% safe offline.
• Your data is 100% anonymous.

Want to learn more about the world of self-custody and hardware wallets? You can master it in just 60 minutes. The Trezor Expert Session is designed to help you set up your hardware wallet and learn the basics of self-custody and cryptocurrency security in a one-on-one session.

For more information, please check here.

Here’s why this $99 could be the smartest thing you’ll ever spend. 🤩

2. Choose wisely: Finding the perfect hardware wallet

There are many options when it comes to hardware wallets. Do your research. Our advice is to be cautious, as this space can be full of fake devices and scams.

Trezor is the world’s first hardware wallet, and has served over 2 million customers worldwide since its launch in 2013. We pride ourselves on being fully open source, ensuring transparency and trust.

We recently launched the Trezor Safe 5, the latest and most advanced hardware wallet in the Trezor lineup. Built with the highest levels of security and usability in mind, it boasts:

• COLOR TOUCHSCREEN: The 1.54-inch color display makes navigation and confirming transactions a breeze.
• Trezor Touch Haptic Engine: Tactile feedback for an intuitive user experience.
• Full glass surface (Gorilla Glass): A sophisticated design with enhanced durability.
• EAL 6+ Security Elements without NDA: Provides the highest level of security without compromising transparency.

And much more.

Here’s some information to help you figure out which hardware wallet is best for your needs.

Are you ready to buy a Trezor wallet? This may help.

3. Start with confidence: Setting up your Trezor hardware wallet

Setting up a Trezor hardware wallet is quick and easy. Whether you’re new to self-custody or just getting started with Trezor, we’ve made the process simple and secure.

With Trezor Suite, a user-friendly interface, setting up your hardware wallet is as simple as following the on-screen prompts. Trezor Suite guides you through every step, from initializing your wallet to creating your first backup. It’s intuitively designed so you can get started with confidence, even if you’ve never used a hardware wallet before.

Need additional help? Bolt Expert This is it. These one-on-one sessions are available 7 days a week and provide personalized guidance to make sure everything is set up correctly. Think of it as having a crypto mentor by your side to help you protect your assets with peace of mind.

Once your wallet is set up, Trezor Suite becomes your all-in-one hub for managing your digital assets. Here’s what you can do with Trezor Suite:

• Money Management: Send and receive cryptocurrencies with ease. Trezor Suite supports thousands of coins and tokens, making it a versatile tool for all your crypto needs.
• Portfolio Tracking: Monitor the performance of your investments and digital assets directly within the app.
• Trading Assets: Buy, sell, and exchange cryptocurrencies seamlessly with Trezor Suite, giving you complete control over your trading activities.
• Keep your transactions safe: All transactions require clear confirmation from your Trezor hardware wallet, so your funds are always safe.
• Create multiple wallets: Create multiple wallets for different purposes to organize your assets and easily manage them all from a single interface.
• Earn money by staking: Take advantage of staking opportunities to grow your assets while keeping them safe in your Trezor wallet.
• Compare exchange rates: Compare rates from different exchanges directly within the app to find the best trading conditions.

Using a Trezor hardware wallet is simple and secure, and is designed for peace of mind whether you choose the guided setup of Trezor Suite or the personalized touch of Trezor Expert Sessions.

4. Cryptocurrency Security: The Journey from Exchanges to Hardware Wallets

Moving your crypto from an exchange to a hardware wallet is like taking your money out of a bank and putting it in a vault that only you control. It’s a simple yet powerful step towards full ownership of your digital assets. Here’s why and how.

Why should I transfer cryptocurrency?

• security: Exchanges are attractive targets for hackers, and while they do implement security measures, they cannot provide the same level of protection as hardware wallets. When you store your cryptocurrencies on a hardware wallet, you are the only one who has the keys to your assets.
• control: When your cryptocurrencies are on an exchange, you are entrusting your assets to a third party. When you move them to a hardware wallet, you have complete control. No one can freeze or limit your access.
• seclusion: Hardware wallets allow you to trade more privately, without worrying about exchanges tracking or sharing your data.

How to move

Ready to make the move? It’s easier than you think. Follow our step-by-step video guide on how to safely transfer your assets from exchanges like Binance, Coinbase, or KuCoin to your Trezor hardware wallet.

📽️ Watch the video here: