Let’s say I have setup the Trezor 5 Wallet with a Pin code and seed, which then gets stolen or lost, and I need to recover the wallet.
Can I use any other third party wallet to access my crypto assets while I wait for the new trezor to arrive? Mostly, in this scenario I’ll be using some hot wallet to access the asset.
In this scenario, what is the min and max length of pin that I can use to secure my wallet?
Are there any recommended third party wallets that I can use while I wait for the new trezor to arrive?
When a new trezor wallet arrives, and I restore my original wallet on it, can use my old pin? or do I need to create a new pin, and it may or may not match the old pin?
Can Pin only be set when I am setting up m y Trezor wallet for the first time? or can it be done anytime after the setup, whenever required?
The main function of Trezor is to protect your seed from exposure on your main computer.
If your Trezor gets lost and you import the seed into a hot wallet, you are exposing the seed and thus losing all protection.
Only do this if you need time-critical access to your coins. Otherwise, wait until a new hardware wallet arrives.
If you do import a seed into a hot wallet, that seed should not be considered secure anymore. When your new hardware wallet arrives, we strongly recommend that you create a new seed and transfer your funds to the new addresses.
(if you don’t do this, any malware that stole your seed while it was exposed can still access your funds and any future deposits you make into the Trezor)
as for the PIN:
The PIN is only locking that one specific Trezor device from unauthorized physical access.
If you use the seed to set up a new wallet directly, you don’t need to know the PIN. So importing into a hot wallet won’t need it, and importing into a new Trezor starts fresh, you can configure a completely different PIN if you like. Or you can use your old one. It is completely up to you.
The minimum length of PIN is zero digits (no PIN) and the maximum is 50 digits.