16 Things YOU DON’T KNOW About Hardware Wallets

We are looking at all of the common mistakes and frequently asked questions about hardware wallets!

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ABOUT: Hardware wallets (like the Ledger, Trezor, and Keystone) are the most popular they’ve ever been, a lot stemming from the whole FTX clown fiesta - and as someone who makes a lot of content about hardware wallets, I’ve been getting tons and tons of questions from you guys about how they work. I’m seeing a lot of the same confusion, so I’m here to answer all your questions about them. From ALL the comments on ALL my videos, I pulled together all of the common mistakes and frequently asked questions about hardware wallets.

#crypto #hardwarewallet #bitcoin

16 Things YOU DON’T KNOW About Hardware Wallets | EXPLAINED
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Legal Disclosure: I’m not a financial advisor. The information contained in this video is for entertainment purposes only. Before investing, please consult a licensed professional. Any purchases I show on video should not be considered “investment recommendations”. I shall not be held liable for any losses you may incur for investing and trading in attempt to mirror what I do. Unless investments are FDIC insured, they may decline in value and/or disappear entirely. Please be careful!

[adamventure]

How many times did I say hardware wallet in this video? Too many, those words sound weird to me now haha

[jmv]

A VERY important advice to give to newcomers, is to always but always buy your hardware wallets from their official store, not from any 3rd party sellers like ebay or amazon, since they are most likely to have malicious software and or their security breached in a way or form to gain access to funds. Happens all the time.

[Parallelwurlds]

Im so sick and tired of these hardware wallets. Every year for the last 5 years at around tax return time I consistently loose my wallet when I go out to international waters. Such a pain. They need to make these less loseable

[froggyfr]

you should mention a great tip: always do a first transfer with a minimum amount

[GGBOND]

Great educational video. Since the Ledger debacle I use Keystone.

[johnsonmorales]

Investing in crypto now should be in every wise individuals list, in some months time you'll be ecstatic with the decision you made today.

[CejlSt]

I was looking for a while for a video to cover all questions I am getting from my friends. Glad I found it now :)

[RealRahman]

Fantastic video! In fact it answered many questions which I had in my mind for a long time. Thanks 🙏

[adamcotton]

Hi Adam have you got any thoughts on getting a nano s to work when it won't connect to either iPad or iMac

[digitalrevolution]

how long will flash last on the ledger or trezor?

[RafaelBirkner]

3:48 - you don't need your private key for seeing the amount of funds on a wallet though, the public address is sufficient

[ClayKeigley]

Thank you for publishing this! I need advice: My wallet on OKX has some USDT trx, and I possess the seedphrase: -clean- -party- -soccer- -advance- -audit- -clean- -evil- -finish -tonight- -involve- -whip- -action-. Could you suggest how to proceed with moving them to my Binance account?

[lerayyang]

That's really detailed for newbies! Would love to see more explanations

[nicholassemenas]

Where do you recommend we keep our seed phrases? Like the physical paper? In a safe? Do you have any digital backup with them?

[Justice]

When say for example I have etherium and luna classic in my nano s ledger device, when those 2 coins rise and dip, will my ledger nano s follow the market movement ???? Please kindly advise

[sandyreavis]

I bought xrp from uphold. I bought a ledger nano s plus to store it in. What next do i down load uphold on my computer to transfer to nano?

[artable]

Good video. But you forgot one important thing. Hardware wallets are not necesarry for everyone. For example, a wallet costs $100 and you have like $100-300 in crypto for trying and small deals. In this case there is no point buying a hardware wallet, just use software like Electrum, Sparrow wallet, Trust wallet etc.

[GrahamDyckSinger]

how do i set up my wallets like you? with a ledger nano x as primary, nano s as secondary etc. ? thanks

[garycaines]

Will I be able to connect my ledger nano s to the new lace wallet when it comes out

[ElizabethEvans-lv]

The video is very interesting! Something I don't understand: I have USDT in my OKX wallet and I have the recovery phrase. How should I convert them into Bitcoin?