diff --git a/INSTALL.md b/INSTALL.md
new file mode 100644
index 0000000..ff16cde
--- /dev/null
+++ b/INSTALL.md
@@ -0,0 +1,56 @@
+# Installation
+
+Install the following packages:
+
+    $ apt-get install python-dev libusb-1.0-0-dev libudev-dev
+    $ pip install -U setuptools pip
+
+Make sure you are running the latest firmware version on your hardware device.
+Currently the following firmware versions are supported:
+
+ * [TREZOR](https://wallet.trezor.io/data/firmware/releases.json): `1.4.2+`
+ * [KeepKey](https://github.com/keepkey/keepkey-firmware/releases): `3.0.17+`
+ * [Ledger Nano S](https://github.com/LedgerHQ/blue-app-ssh-agent): `0.0.3+`
+
+## TREZOR
+
+Make sure that your `udev` rules are configured [correctly](https://doc.satoshilabs.com/trezor-user/settingupchromeonlinux.html#manual-configuration-of-udev-rules).
+Then, install the latest [trezor_agent](https://pypi.python.org/pypi/trezor_agent) package:
+
+    $ pip install trezor_agent
+
+Or, directly from the latest source code:
+
+    $ git clone https://github.com/romanz/trezor-agent
+    $ pip install --user -e trezor-agent/agents/trezor
+
+If you have an error regarding `protobuf` imports (after installing it), please see [this issue](https://github.com/romanz/trezor-agent/issues/28).
+
+## KeepKey
+
+Make sure that your `udev` rules are configured [correctly](https://support.keepkey.com/support/solutions/articles/6000037796-keepkey-wallet-is-not-being-recognized-by-linux).
+Then, install the latest [keepkey_agent](https://pypi.python.org/pypi/keepkey_agent) package:
+
+    $ pip install keepkey_agent
+
+Or, directly from the latest source code:
+
+    $ git clone https://github.com/romanz/trezor-agent
+    $ pip install --user -e trezor-agent/agents/keepkey
+
+## Ledger Nano S
+
+Make sure that your `udev` rules are configured [correctly](http://support.ledgerwallet.com/knowledge_base/topics/ledger-wallet-is-not-recognized-on-linux).
+Then, install the latest [ledger_agent](https://pypi.python.org/pypi/ledger_agent) package:
+
+    $ pip install ledger_agent
+
+Or, directly from the latest source code:
+
+    $ git clone https://github.com/romanz/trezor-agent
+    $ pip install --user -e trezor-agent/agents/ledger
+
+## Troubleshooting
+
+If there is an import problem with the installed `protobuf` package,
+see [this issue](https://github.com/romanz/trezor-agent/issues/28) for fixing it.
diff --git a/README.md b/README.md
index 1d548d7..8e0ccbe 100644
--- a/README.md
+++ b/README.md
@@ -14,55 +14,7 @@ See SatoshiLabs' blog posts about this feature:
 
 ## Installation
 
-Install the following packages:
-
-	$ apt-get install python-dev libusb-1.0-0-dev libudev-dev
-	$ pip install -U setuptools pip
-
-Make sure you are running the latest firmware version on your hardware device.
-Currently the following firmware versions are supported:
-
- * [TREZOR](https://wallet.trezor.io/data/firmware/releases.json): `1.4.2+`
- * [KeepKey](https://github.com/keepkey/keepkey-firmware/releases): `3.0.17+`
- * [Ledger Nano S](https://github.com/LedgerHQ/blue-app-ssh-agent): `0.0.3+`
-
-### TREZOR
-
-Make sure that your `udev` rules are configured [correctly](https://doc.satoshilabs.com/trezor-user/settingupchromeonlinux.html#manual-configuration-of-udev-rules).
-Then, install the latest [trezor_agent](https://pypi.python.org/pypi/trezor_agent) package:
-
-	$ pip install trezor_agent
-
-Or, directly from the latest source code:
-
-	$ git clone https://github.com/romanz/trezor-agent
-	$ pip install --user -e trezor-agent/agents/trezor
-
-If you have an error regarding `protobuf` imports (after installing it), please see [this issue](https://github.com/romanz/trezor-agent/issues/28).
-
-### KeepKey
-
-Make sure that your `udev` rules are configured [correctly](https://support.keepkey.com/support/solutions/articles/6000037796-keepkey-wallet-is-not-being-recognized-by-linux).
-Then, install the latest [keepkey_agent](https://pypi.python.org/pypi/keepkey_agent) package:
-
-	$ pip install keepkey_agent
-
-Or, directly from the latest source code:
-
-	$ git clone https://github.com/romanz/trezor-agent
-	$ pip install --user -e trezor-agent/agents/keepkey
-
-### Ledger Nano S
-
-Make sure that your `udev` rules are configured [correctly](http://support.ledgerwallet.com/knowledge_base/topics/ledger-wallet-is-not-recognized-on-linux).
-Then, install the latest [ledger_agent](https://pypi.python.org/pypi/ledger_agent) package:
-
-	$ pip install ledger_agent
-
-Or, directly from the latest source code:
-
-	$ git clone https://github.com/romanz/trezor-agent
-	$ pip install --user -e trezor-agent/agents/ledger
+See the [following instructions](INSTALL.md) for TREZOR, Keepkey and Ledger Nano S devices.
 
 ## Usage
 
@@ -73,11 +25,6 @@ For GPG, see the [following instructions](README-GPG.md).
 
 See [here](https://github.com/romanz/python-trezor#pin-entering) for PIN entering instructions.
 
-## Troubleshooting
-
-If there is an import problem with the installed `protobuf` package,
-see [this issue](https://github.com/romanz/trezor-agent/issues/28) for fixing it.
-
 ### Gitter
 
 Questions, suggestions and discussions are welcome: [![Chat](https://badges.gitter.im/romanz/trezor-agent.svg)](https://gitter.im/romanz/trezor-agent)