Trezor Wallet: Things you must do if you have lost your SRP

Are you an active user of Trezor hardware wallet and worried about your funds because you lost your seed phrase? If yes, then don't worry because we are here for helping you to secure your hard earned crypto holdings.

In our further content, we will cover some easy step-by-step instructions for you that will help you to save your available crypto holdings on Trezor Wallet in a convenient way.

How can I save my crypto funds if I have access to my Trezor Wallet?

1. First of all, immediately transfer all of your crypto holdings to another software or hardware crypto wallet.
2. The second thing you have to do is to wipe your Trezor Wallet. It will delete all of your data related to the pre-existing accounts, and settings of your Trezor device such as name, passphrase, login PIN, and more. 
3. After wiping your Trezor hardware wallet, you have to set up it again with a new SRP (secret recovery phrase). Make sure to write down or save your SRP in a safe place.
4. Now, copy or note down the receiving address of your newly generated wallet.
5. Finally, you can transfer back your all crypto holding in your Trezor hardware wallet by using the receiving address.

If you are unaware of how to transfer your assets to another crypto wallet and how to wipe your Trezor device, then dive with us in the further sections of this blog.

Steps for transferring crypto from your Trezor to another crypto wallet: 

1. Plug in your Trezor Login Wallet to your computer or laptop and then launch the Trezor Suite web app.
2. Enter your login PIN and go ahead to the “Accounts” page in Trezor Suite App.
3. Select the cryptocurrency under the “My Accounts” section that you would like to send.
4. Click or tap on the “Send” tab.
5. Now, type or paste the recipient wallet address in the “Address” text field. 
6. Enter the amount of selected crypto that you would like to send in the “Amount” text field and then select the type of fee.
7. Now hit on the “Send” button.
8. In the final step, you just have to confirm the transaction on your Trezor Wallet device to finish the entire process.

Once you followed all of these steps, your crypto funds will be securely transferred to another wallet. 

Steps to wipe your Trezor Wallet:

After transferring your crypto funds to another crypto wallet, you can wipe your Trezor Wallet without taking any stress. Follow these simple steps to complete the process,

1. First of all, connect your Trezor device and enter your PIN on Trezor Suite.
2. Click on the “Settings” tab, located at the top right corner of your screen.
3. Go ahead to the “Device Settings” page by clicking on “Device” under the “Settings” menu.
4. Scroll down to the bottom of the page and then click on the “Factory reset” button under the “Danger Area” section.
5. Confirm the reset process and then again click on the “Factory reset” button.
6. In the final step, you just have to confirm the action on your Trezor hardware wallet to finish the entire process.

Once you followed all of these steps, you can create a new wallet and then receive back your crypto holdings in it. 

Bottom Line:

Overall, that’s how you can save your available funds in your Trezor Wallet if you lost your seed phrase. Along with that, the entire process of transferring funds and wiping your wallet is quick and easy that can be done in just a few steps.