1

I just bought a Trezor Model T last month to store my Bitcoins, and now I am interested in buying some Moneros, too. But before I do that, I need to know whether I can store both at once on my Model T wallet. If I try to install the Monero GUI using the 'Create a new wallet from hardware' option, will that somehow overwrite my Bitcoins? Will I still be able to see/access both my Bitcoins and Moneros once I have the Monero GUI set up? Are there any other related issues or hazards I should be aware of? Thanks in advance for your help ... DS

1

You can safely use and store Bitcoin and Monero simultaneously with your Trezor model T device.

If I try to install the Monero GUI using the 'Create a new wallet from hardware' option, will that somehow overwrite my Bitcoins?

No. The Trezor Model T, upon initializing the device, essentially provides a 'master' mnemonic seed that is valid for both Monero and Bitcoin.

Will I still be able to see/access both my Bitcoins and Moneros once I have the Monero GUI set up?

Yes. Setting up the Monero GUI in conjunction with the Trezor Model T will not affect your Bitcoin (or any other coin for that matter) holdings on the Trezor device.

Are there any other related issues or hazards I should be aware of?

It is advised to diligently read the guide:

How do I generate a Trezor Monero wallet with the GUI (monero-wallet-gui)?

And evidently, it is imperative to properly and safely back up your Trezor mnemonic seed.

6
  • Great! Thanks for your help. – Digital Samizdat Jan 20 at 21:16
  • You're welcome. – dEBRUYNE Jan 20 at 21:55
  • Not sure if I should start a new thread, but perhaps you can answer this question too: if install the Monero GUI on a second computer of mine as well, will that cause any problems with the Trezor wallet? Can I still use the 'Create a new wallet from hardware' option a second time when installing the GUI on the new computer? – Digital Samizdat Jan 21 at 21:44
  • Yes, you can simply replicate the Trezor Monero wallet on the second system. – dEBRUYNE Jan 22 at 8:26
  • Great! Thanks again. – Digital Samizdat Jan 23 at 21:22

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Not the answer you're looking for? Browse other questions tagged or ask your own question.