MiscellaneousTray IconUser Data 

Settings -> Miscellaneous -> Tray Icon Settings

The tray icon is located in the Windows task bar on the lower right in the so-called notification area of Windows. Here you can specify what should happen when the tray icon is left/right clicked:

Display menu
The context menu will be displayed upon clicking the tray icon and can be used to paste text or open the settings.

Activate/deactivate
Activates and/or deactivates Clipboard Master, meaning the global key combinations as well as the saving of the text from the clipboard will be (de)activated.

Display complete listClipboard Master will be displayed like when you press Win + V.

Priority You can change the priority with which Clipboard Master is executed here. By default, Clipboard Master executes with a priority higher than normal applications.