Hope you guys enjoyed this much needed update. Which is your favourite hardware wallet? Don't forget that you can follow me on my socials for all the content that you are missing here 👉 guy.coinbureau.com/socials/. You may also enjoy my clips channel which has behind the scenes bits and shorter form content ruclips.net/channel/UCR93yACeNzxMSk6Y1cHM2pw
You did similar video not even a year ago, why is your top 5 so different now? I remember Trezor was your No1 pick, how come it's bottom of your list now?!
Great video as always, Guy. I'd be interested to hear your thoughts on the CoolWallet Pro. I like the idea of a wallet the size of a credit card, and it appears to have the coin support, accessibility, mobility, and security to be worthwhile.
Nobody can ever accuse you of being a salesman, thanks! You put the unbiased information out there and let people make their own decision. As I'm not even a qualified beginner, that means a lot to me. Thanks Again!
Ledger uses 2 chips to secure the keys. This means the chip cannot be overloaded to lever access to the keys. This is not possible with Trezor because that uses only 1 chip. Ledger supports more crypto assets than Trezor Trezor however is fully open source If you have the money, why not keep both a Ledger and a Trezor? You need to store your recovery seed phrase on permanent storage. Don't just write it down on paper, paper burns or can be destroyed by water etc One way is to etch or stamp it onto metal. Some ideas of storage medium are: Dog tags Metal washers Metal plate Never never ever ever store your recovery phrase online, EVER
@@GiovaxxaSetting it up is not a problem as it has in-screen help that guides you through the process, which button to press when, however it works differently than popular centralized exchanges. Utilising third party dApps and services hence the fees are significantly higher then top 5 CEXs and region dependent the availability of those services. If you are just starting out and want to practice with a few coins on a more frequent trade, swap, staking basis etc just go on any popular CEX. For a long-term hold or bigger investment portfolio it's highly recommended.
@@pipeliner8969 All cryptos aren't worth supporting. Many will go to zero in this bear market. There are thousands of tokens out there, surely people can't be naive enough to believe there is value behind each one. If you want to move all your sht coins to a wallet then get a Ledger. Trezor isn't going to waste time on coins that won't be around in a few years.
It sometimes seems counter productive. You loose so much in the transaction fees both ways when sending them to a wallet. I understand the idea is to protect the investment. Sometimes it just seems like a waste.
Just got a Trezor Model T. 85-90% of my holdings are BTC and ETH, so I don't really care about them not supporting every coin. I'm ok leaving my few other ALTS on Coinbase for now. I may move them to Exodus, but the long term goal is after next bull run to sell the few ALTS I hold and get more BTC and ETH to throw onto the Trezor.
Replaced my nano s with a nano s plus, absolutely recommended, can get loads of apps on it, best value for money wallet out there right now and ledger have started enabling staking direct from ledger live.
I don't understand why hardware wallets are considered safer than software wallets since hardware wallets still connect to the internet and require updates from a central source?
I would recommend Keystone. It's one of the few open-source hardware wallets on the market, which eliminates the possibility of backdoors or other shady practices. Additionally, it's very user-friendly, especially for beginners.
As shocking as Ledger’s security breach was, I think it’s somewhat disingenuous to conceal Trezor’s recent leak of customer e-mails and the ensuing phishing attacks. The leak might have not been as severe as Ledger’s failure but it’s still noteworthy.
I dont recall ever using my email address with my Trezor, so im quite confused how there was even access to emails? Even if there was, knowing my Trezor was never tied to an email address, there's no possible data breach because it is a cold storage device.
Wait nvm, was likely emails from their order placed. Luckily I specifically made a burner email with Tutanota. Regardless, that just means that there is nothing about the wallet itself that is unsecure, just their website servers, which are inherently unsecure anyway.
@@btsoc1397 yes, you’re right. Also it’s "only" the e-mail address and these were "only" phishing attacks - I would claim that most crypto users would be able to spot a phishing mail, or at least be smart enough to not hand out their private keys. Still, it’s a mild inconvenience at best and could increase to a serious problem at worst. You did a great job with the burner email.
Just realize that Ledgers deteriorate over time. I'm not sure if it's actual planned obsolescence, but that last time I went to use mine the screen wouldn't work properly. I could tell the device was working, but I couldn't read anything on it because the character lighting was so dim that there was almost zero contrast with the background. Basically the battery was failing, or whatever converts the power from the USB port. Thankfully I have an extra device at another location that I've never used, so when I get a chance I'll go switch to that one. But I will use it knowing that it too will die in a few years. Be prepared.
Yes there are whole forums discussing issues with battery issues on Ledger devices. For instance many batteries don't hold charge straight out of the box or failed very shortly after. You can still power the device by just powering it from you laptop usb but that's beside the point
@Sun Abelarda .All you have to do as a beginner to make good profit in cryptocurrency is trade with a professional trader who Will always notify when to BUY/SELL else you make losses.
@Robert Myers .I've been making passive income monthly from crypto for over a year but I prefer trading with the Help of Mentor or guide because it saves me time and reduces the risk of loosing.
Best thing that happened to me last year that I can attest to is the progress I have made so far on trade. Venturing into crypto was my best decision ever I know more is yet to come 2022.
Bought Ethereum August last year and I made 6 grand into half a million after taxes. Now I took that half a mil. Basically made me more money than 35 yrs in granding within 6 months. That's digital currency
You can lose 50 cold wallets and as long as you have your 12 to 24 word seed phrase then you can recover your coins. Your coins aren't "on" the cold wallet. They are on the blockchain and the wallet just allows you to have your own keys instead of having an exchange like Coinbase hold the keys for you. I was nervous about cold wallets, too. Learn about them and get one. They aren't that scary, just be sure the keep your seed phrase safe and secure. If you lose your cold wallet then you can recover your crypto and then move to a new wallet address to be extra safe. The stories of people losing their crypto from cold storage are user error and being careless.
To be compared to hardware wallet of Ngrave named ZERO. Is this first crypto hardware wallet with the highest security certification in the world (EAL7) really has better security?
I made my own hardware wallet with USB stick . Not a smartest move, but fine for me. First i put KeePass portable on it where i then noted my mnemonic phrases and individual private keys(only use them for BTC) in. Then I encrypte the thumb drive. Thats it. And put the drive into refrigerator for the cold effect to make it a cold wallet. All done off the line.
Great content, looking to buy a wallet, I still have some concerns however: I understand opensource is great when you want to provide transparency for a blockchain project, an NFT project, ICOs and so on... But doesn't opensource make it easier for attackers as they have the code in front of them?
If the wallets don’t actual hold the coins but rather is way to secure and unlock access to the coins, then why wouldn’t a Yubikey or Titian be a way to secure the coins? Really enjoy your presentations. Thanks.
trezor let me down, model t. ledger x has been great but they have poor qa qc so half of them are doa or die shortly thereafter, have 2 ledgers on hand. so when your first one dies, seed the second one and you are good to go, unless of course you need to order another one to replace the one that died.
Friend can you combine ledger and trezor with ngraver zero?? Like you can combine ledger and trezor?? How does it work to combine ledger nano x and trezor?
For those who are unsure if you need a hardware wallet, if it's an issue for you to lose access to or lose your crypto, then a hardware wallet is for you, it's really that simple
Friend can you combine ledger and trezor with ngraver zero?? Like you can combine ledger and trezor?? How does it work to combine ledger nano x and trezor? How you do this?😮
The ledgers are just so small. But looks like best option after listening to this. I was heading to but the model t. There are a lot of Chinese ones on Amzn. Probably stay away From those
I'm going to work only with mainly Bitcoin and on the phone - Trezor T is the best? I plan to pay with it (when neccary=no cash). I was thinking to buy Ledger but since their speech on WEF- I'm not
Thanks for the amazing insights, this video cleared up so much confusion I had about this topic. I’ve started sharing similar tips on my channel as well.
Never mind with my previous question earlier regarding Yubikeys etc! Reviewed the BC Vault presentation, which completely answered my questions as to the important use of cold wallets for cryptocurrencies! Thanks
SafePla is quite popular nowadays in crypto community I would love to hear Guy's opinion on that new mainstream device. No new information in this video basically a copy of the previous Guy's video from the last year.
For a few months now I have been searching tirelessly for information on how to start investing. I even payed $1000 for a course that I now regret. It appears that there is no structured guidiance for beginners on how to get started in this realm. I've come across several investors making well over $250k/annum and would be grateful if anyone on here could provide insights on how to get started, identify potential stocks, when to make an entry, exit etc.
Keep it simple in the beginning. Buy something, like an index fund, and hold. Educate yourself in the meantime and elevate your risk tolerance over time.
In order to make profits from trading you need loads of experience and a well defined strat'egy, which most tra'ders don't have. If you trade without the proper preparation, you're most likely to lose your money. Identify the buy/sell ratios and identify the market leaders and most importantly. Dive'rsify! This will help you spread risk.
Even with the right technique and assets some investors would still make more than others, as an investor, you should've known that by now, nothing beats experience and that's final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I'm buying again.
The adviser I'm in touch with is Rebecca Catherine Schmidt she works with Merrill, Pierce, smith incorporated and interviewed on CNBC Television. You can use something else. For me her Strategies works. She provides Entry and Exit point for my securities I focus on. Look her up on the internet
Neko's hardware wallet will be an excellent defi-born alternative to the usual suspects I see here. Should be available in the fall! I have a ledger now, but will definitely pick a Neko up when it comes out.
Great analysis, thank you! A bit off-topic, but I wanted to ask: My OKX wallet holds some USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). How should I go about transferring them to Binance?
Is there any way to split my master private key in N parts where it can be reconstructed only if someone gets k < N parts ? (and so I can store it in multiple locations and have one of them stolen/ lost)
Can u do a vid on best practices for buying and storing crypto on the Ledger? The most secure & safest practices? Like, Do u create a new crypto acct for ea transfer? How to u buy crypto from Ledger Live via Muun wallet (from ur phone).. Do u need to have Ledger Live on ur phone to do this?.. Ledger support sucks.. Once u get a Ledger cold storage wallet, no one gives advice on the best safest practices on how to use it.. & best places to store the seed words & the ledger itself. Can u travel w/ it? Or should it be empty when traveling internationally?
You are doing a fantastic job! Just an off topic question I have a ledger wallet with USDT and I have the recovery phrase. (image you tuition loan endless kit north item dice during home filter). How can I transfer them to Binance?
Great video on hardware wallets Guy for New & Experienced Bitcoin ,Altcoin Owners as we move to NFTS & Web 3. Its so important to know the Basics,Apply them to survive & help yourself,your family & friends in this world.
This truly aged very well. I`ve got my Ledger Nano X since 2 days and I absolutely love it and the security feeling that comes with it. Thanks for the detailed review, Guy!
my beautiful gf got me a Nano S plus for xmas and i couldnt be happier. so much joy knowing my money is safe and secure and put all in one tiny device!
@@Irgin however it is only optional , until it is not :) the company can upgrade the firmware at any time and while I personally find it far fetching , it is not impossible , plus personally would feel more secure with open source software
Thank Guy !! This is great info to create. I’ve had people ask me for help and either I’m not explaining it correctly or people have a hard time grasping… perhaps a lil of both lol 👍👍
guy why not mentioned the new Ledger Nano S Plus?! open-source is not always great since it allows attackers to find bugs faster. is Windows/MacOs/iOS open-source? the last point Trezor does no have HSM (Hardware security module) hence its more susceptible to hardware hacking
you really don't why auditable open source is better.... guess why the best security tools are all open source, including most sucurity hardware (firewalls and routers). Just try to understand
@@tyyuuuihycyctct its a myth people think "oh open-source it must be secure since 200 people looked at the code and 1000 downloaded it" wrong having it open source allows hackers to make custom firmware. the best security tools are all open source? perhaps but we are not talking about offensive tools only oparating system. Are Pentagon's security cameras open-source?
@@tyyuuuihycyctct No, the best security is not just open source, it's audited source The military does not use open source unless it's vetted and they roll their own Nothing wrong with closed source as long as it's independently verified by credible sources Open source just means more eyes viewing it which increases the statistical odds of an exploit being found, that doesn't make it more secure 10 high quality reviewers analysing closed source could certainly be better than 20 less qualified people reviewing open source Just because it's open source doesn't make it secure by nature
Hey Guy, great video! I have a question unsolved though. Could you restore a wallet created with Trezor to a Ledger device or viceversa? It would be as easy as just restoring the wallet in the new device using the seed right? I wonder if they both use the same amount of works, though. Thanks!
Yes. With your recovery phrase in hand you could restore your wallet on any device. To build confidence I recommend buying two separate devices and practice recovering like 20$. Try wiping one with a factory reset, then recovering the wallet. Try sending coins back and forth to two different wallets. Try making the same wallet on two devices. Etc. i did all this a while back and it makes you feel comfortable with cold storage as you get really familiar with the process. Just think of every scenario in which things could go wrong and run through all the scenarios. Same with seed phrase storage. It’s a big responsibility to hold all your coins but with rehearsals like these it allows for more peaceful sleep at night. Also reminder to factory reset/wipe any device you get; even after making sure it was from a credible source. Never use a seed phrase already on a device when shipped to you. Takes 5 min to reset, throw in new firmware, and write down a new phrase.
Is XUMM same as a Ledger hardware wallet ? how can you compare them since the owner have their keys? Regarding to the use , is xumm good for long term ? Thanks.
Hello, I already have hardware wallet "Trezor" where should I store my coin? (1) In trezor suits or (2) In metamask connected with trezor. I have a hard time transferring my coins from exchanges to trezor suits that's why I prefer metamask with trezor. Is that the best choice?
Those are just front ends to access your wallets. Metamask is for ethereum only along with the virtual machines built along side it. Those include cronos/polygon/etc. Metamask can access solana or bitcoin or all the others.
I use the ed25519-sk on the Trezor model T for ssh login. You can stake ADA through Eternl with Trezor. I am having issues doing GPG that is not NIST. The problem with this NIST probably has a backdoor from the NSA.
I'm sure it's been mentioned many times In the comments, but the best deal of all wallets is this Ledger Nano S Plus. Surprised you omitted this from your video.
![BLACK BAG - Official Trailer [HD] - Only in Theaters March 14](http://i.ytimg.com/vi/Du0Xp8WX_7I/mqdefault.jpg)
Hope you guys enjoyed this much needed update. Which is your favourite hardware wallet? Don't forget that you can follow me on my socials for all the content that you are missing here 👉 guy.coinbureau.com/socials/. You may also enjoy my clips channel which has behind the scenes bits and shorter form content ruclips.net/channel/UCR93yACeNzxMSk6Y1cHM2pw
Guy, what's your take on BC Vault?
RUclipsr Crypto Casey has reviewed it on her channel in the past. Would like to know your thoughts
You did similar video not even a year ago, why is your top 5 so different now? I remember Trezor was your No1 pick, how come it's bottom of your list now?!
Great video as always, Guy. I'd be interested to hear your thoughts on the CoolWallet Pro. I like the idea of a wallet the size of a credit card, and it appears to have the coin support, accessibility, mobility, and security to be worthwhile.
COLDCARD is best...and u know it too...!!...but is it too scary for newbies...?
ps...great work u do...thanx
Nobody can ever accuse you of being a salesman, thanks! You put the unbiased information out there and let people make their own decision. As I'm not even a qualified beginner, that means a lot to me. Thanks Again!
In the wake of FTX meltdown, this aged very well! Kudos!
Ledger uses 2 chips to secure the keys. This means the chip cannot be overloaded to lever access to the keys. This is not possible with Trezor because that uses only 1 chip.
Ledger supports more crypto assets than Trezor
Trezor however is fully open source
If you have the money, why not keep both a Ledger and a Trezor?
You need to store your recovery seed phrase on permanent storage. Don't just write it down on paper, paper burns or can be destroyed by water etc
One way is to etch or stamp it onto metal.
Some ideas of storage medium are:
Dog tags
Metal washers
Metal plate
Never never ever ever store your recovery phrase online, EVER
NANO X is enough...
Is there a great set up ledger video. I'm ready to toss it. Can u BUY Bitcoin straight from Ledger Nobody says that??
So which one to get...Ledger or Trezor? I think Trezor being open source while Ledger is not, is crucial.
@@GiovaxxaSetting it up is not a problem as it has in-screen help that guides you through the process, which button to press when, however it works differently than popular centralized exchanges. Utilising third party dApps and services hence the fees are significantly higher then top 5 CEXs and region dependent the availability of those services. If you are just starting out and want to practice with a few coins on a more frequent trade, swap, staking basis etc just go on any popular CEX. For a long-term hold or bigger investment portfolio it's highly recommended.
Correction: Trezor T does support staking using their Trezor Suite, although just for Cardano.
yes they should work on supporting it on all cryptos
They don't even sell Trezor for $. Is that so hard to set up Paypal?
@@pipeliner8969 All cryptos aren't worth supporting. Many will go to zero in this bear market. There are thousands of tokens out there, surely people can't be naive enough to believe there is value behind each one. If you want to move all your sht coins to a wallet then get a Ledger. Trezor isn't going to waste time on coins that won't be around in a few years.
@@mat33 Ldger isn't opensource and some random outages did happen and even a hack. I have more trust in Trezor
It sometimes seems counter productive. You loose so much in the transaction fees both ways when sending them to a wallet. I understand the idea is to protect the investment. Sometimes it just seems like a waste.
Thanks for the video! Have you considered adding the Ellipal Titan Wallet to your list?
1.25x playback speed makes Guy sound normal
😂
Time is $
❤ he does 😅😅😅
They Def slowed him down. 1.25 sounds normal lol
Perfect. 😅
Just got a Trezor Model T. 85-90% of my holdings are BTC and ETH, so I don't really care about them not supporting every coin. I'm ok leaving my few other ALTS on Coinbase for now. I may move them to Exodus, but the long term goal is after next bull run to sell the few ALTS I hold and get more BTC and ETH to throw onto the Trezor.
is it easy to move crypto from Exodus to Trezor?
What's the fastest way to get a affordable cold storage wallett? How long does ledger take?
Replaced my nano s with a nano s plus, absolutely recommended, can get loads of apps on it, best value for money wallet out there right now and ledger have started enabling staking direct from ledger live.
I don't understand why hardware wallets are considered safer than software wallets since hardware wallets still connect to the internet and require updates from a central source?
I would also recommend Ledger Blue, Ledger Nano S Plus, Ellipal Titan/Mini and D'Cent! 👍
Would absolutely love to see your review of the Arculus Hardware Wallet!
I would recommend Keystone. It's one of the few open-source hardware wallets on the market, which eliminates the possibility of backdoors or other shady practices. Additionally, it's very user-friendly, especially for beginners.
Guy, can you pls evaluate D’CENT and BC Vault?
Love the channel
As shocking as Ledger’s security breach was, I think it’s somewhat disingenuous to conceal Trezor’s recent leak of customer e-mails and the ensuing phishing attacks. The leak might have not been as severe as Ledger’s failure but it’s still noteworthy.
I dont recall ever using my email address with my Trezor, so im quite confused how there was even access to emails? Even if there was, knowing my Trezor was never tied to an email address, there's no possible data breach because it is a cold storage device.
Wait nvm, was likely emails from their order placed. Luckily I specifically made a burner email with Tutanota. Regardless, that just means that there is nothing about the wallet itself that is unsecure, just their website servers, which are inherently unsecure anyway.
@@btsoc1397 yes, you’re right. Also it’s "only" the e-mail address and these were "only" phishing attacks - I would claim that most crypto users would be able to spot a phishing mail, or at least be smart enough to not hand out their private keys.
Still, it’s a mild inconvenience at best and could increase to a serious problem at worst.
You did a great job with the burner email.
🎉. 3t
@@btsoc1397, i3
,W2vw😅
BC Vault is very impressive, intuitive, has many safety protocols and a large screen
Just realize that Ledgers deteriorate over time. I'm not sure if it's actual planned obsolescence, but that last time I went to use mine the screen wouldn't work properly. I could tell the device was working, but I couldn't read anything on it because the character lighting was so dim that there was almost zero contrast with the background. Basically the battery was failing, or whatever converts the power from the USB port. Thankfully I have an extra device at another location that I've never used, so when I get a chance I'll go switch to that one. But I will use it knowing that it too will die in a few years. Be prepared.
Yes there are whole forums discussing issues with battery issues on Ledger devices. For instance many batteries don't hold charge straight out of the box or failed very shortly after. You can still power the device by just powering it from you laptop usb but that's beside the point
We work for years to have , $1million while some people I know put thousand of dollars in some meme coins and they are millionaires.
@Sun Abelarda .All you have to do as a beginner to make good profit in cryptocurrency is trade with a professional trader who Will always notify when to BUY/SELL else you make losses.
Bitcoin is bringing a different revolution in the world of economy, people who are optimistic investor's earn consistently..others just sit and watch
@Robert Myers .I've been making passive income monthly from crypto for over a year but I prefer trading with the Help of Mentor or guide because it saves me time and reduces the risk of loosing.
Best thing that happened to me last year that I can attest to is the progress I have made so far on trade. Venturing into crypto was my best decision ever I know more is yet to come 2022.
Bought Ethereum August last year and I made 6 grand into half a million after taxes. Now I took that half a mil. Basically made me more money than 35 yrs in granding within 6 months. That's digital currency
Guy, can you do a video on wallets like trust wallet vs hardware wallet? differences and security risks etc?
Please do a video on best stable coins and the strategy around them. Your knowledge and effort is much appreciated good sir.😇
I find cold wallets so hard to use, plus I worry if one actually breaks down etc
You can lose 50 cold wallets and as long as you have your 12 to 24 word seed phrase then you can recover your coins. Your coins aren't "on" the cold wallet. They are on the blockchain and the wallet just allows you to have your own keys instead of having an exchange like Coinbase hold the keys for you. I was nervous about cold wallets, too. Learn about them and get one. They aren't that scary, just be sure the keep your seed phrase safe and secure. If you lose your cold wallet then you can recover your crypto and then move to a new wallet address to be extra safe. The stories of people losing their crypto from cold storage are user error and being careless.
it's the recovery phrase or seed, that you need to secure, not the hardware itself. That is the hard part.
Thanks for the advice. 'Went with the Model T and bought it through the link.
I have a Trezor one and like it. I'm hoping Trezor comes out with a third wallet that's has ultimate security and ease of use.
Thanks for the Video, although, i was also expecting you to have included the ELLIPAL TITAN cold wallet...?
Great video. Maybe it deserves an updated version? Thoughts about TANGEM WALLET?
To be compared to hardware wallet of Ngrave named ZERO. Is this first crypto hardware wallet with the highest security certification in the world (EAL7) really has better security?
Not your keys, not your crypto! You guys are great, keep up the awesome work!
Don't hardware wallets require someone to give some of their info to hardware wallet companies? How is this more secure than a software wallet?
I made my own hardware wallet with USB stick . Not a smartest move, but fine for me.
First i put KeePass portable on it where i then noted my mnemonic phrases and individual private keys(only use them for BTC) in. Then I encrypte the thumb drive. Thats it. And put the drive into refrigerator for the cold effect to make it a cold wallet. All done off the line.
I hope you also have a backup. If something were to happen to your stick and it contains your mnemonic phrase, you might have hard time recovering it.
@@Proximax9 thanks for the tip.
I do hav printed key file(base64 and qr code), and database backup somewhere else
You could put it into liquid nitrogen for extreme cold wallet storage rather than just the fridge 🤪
Refer...condensation is not good for electronics silllys!!! :/
Hope your kidding.
Great content, looking to buy a wallet, I still have some concerns however: I understand opensource is great when you want to provide transparency for a blockchain project, an NFT project, ICOs and so on... But doesn't opensource make it easier for attackers as they have the code in front of them?
Have you guys heard about the NEKO wallet? Looks like a runner up competitor against these current hard wallets
Please cover the Safepal S1 Hardware Wallet. Would love to hear the coin bureau opinion!
I wish you had spoken about safepal s1. Great video as always
If the wallets don’t actual hold the coins but rather is way to secure and unlock access to the coins, then why wouldn’t a Yubikey or Titian be a way to secure the coins? Really enjoy your presentations. Thanks.
Neko launched by Yasha is my go to they’re launching soon 2FA will be the best software/ hardware wallet
Ledger have updated the Nano S to the Nano S Plus which makes it more like the Nano X for a much cheaper price
Nano S Plus has the same memory as the Nano X, minus Bluetooth but it's cheaper
Nano S Plus is the 'poor mans Nano X'. it shows everyone that you dont hold enough crypto to afford the Nano X.
@@wallstreet_au and perfect for a Nano X backup
Be careful of ledger they have the worst technical support team and sometimes they take up to 15 day to reply to user and sometimes more...
trezor let me down, model t. ledger x has been great but they have poor qa qc so half of them are doa or die shortly thereafter, have 2 ledgers on hand. so when your first one dies, seed the second one and you are good to go, unless of course you need to order another one to replace the one that died.
Great video as always. I like Trezor and Ledger. I have both and I've been using them for almost a year with my netcoins exchange.
Friend can you combine ledger and trezor with ngraver zero?? Like you can combine ledger and trezor?? How does it work to combine ledger nano x and trezor?
For those who are unsure if you need a hardware wallet, if it's an issue for you to lose access to or lose your crypto, then a hardware wallet is for you, it's really that simple
Friend can you combine ledger and trezor with ngraver zero?? Like you can combine ledger and trezor?? How does it work to combine ledger nano x and trezor? How you do this?😮
I really like the BV Vault.
I would love to hear a review on it!!
The ledgers are just so small. But looks like best option after listening to this. I was heading to but the model t. There are a lot of Chinese ones on Amzn. Probably stay away From those
I'd like to see your review about the Safepal S1 which has air gap and backed up by Binance. Unfortunately closed source. QR code technics seems safe.
QUESTION: can I replace the original USB cable for my Trezor Model T with a longer USB cable? Thanks!
yes
1/ method of loci. Back up for back up. Seed stored in your mind.
2/ in US smallest safety deposit box is about 70 a year
I'm going to work only with mainly Bitcoin and on the phone - Trezor T is the best?
I plan to pay with it (when neccary=no cash).
I was thinking to buy Ledger but since their speech on WEF- I'm not
Thanks for the amazing insights, this video cleared up so much confusion I had about this topic. I’ve started sharing similar tips on my channel as well.
Always love your content. Would love your thoughts on ARCULUS. Love the concept. It’s newer and has limited coin support.
I have one, it's awesome.
Don’t have any wallet and have considered ARCULUS because I only have my iPhone and no computer. Does ARCULUS support QNT ?
Thanks for this great video.
Can you explain the “seed redundancies “ on the Trezor T?
How about Safpal
Well done Brother ,Thnk You for taking the time !
Your exclusive 20% discount code for Ledger does not work anymore. Mind to update it soon? Would like to buy Ledger Nano S Plus using your code...
Never mind with my previous question earlier regarding Yubikeys etc! Reviewed the BC Vault presentation, which completely answered my questions as to the important use of cold wallets for cryptocurrencies! Thanks
Not your keys , not your crypto!
Thanks for the reminder to the masses , again!
Safety first! 👊🏽👊🏽
More and more people will learn how to self-custody!
No no no! Not your keys, NOT EVEN coins. The exchanges are probably "selling" more coins then they have in reserve.
SafePla is quite popular nowadays in crypto community I would love to hear Guy's opinion on that new mainstream device.
No new information in this video basically a copy of the previous Guy's video from the last year.
For a few months now I have been searching tirelessly for information on how to start investing. I even payed $1000 for a course that I now regret. It appears that there is no structured guidiance for beginners on how to get started in this realm. I've come across several investors making well over $250k/annum and would be grateful if anyone on here could provide insights on how to get started, identify potential stocks, when to make an entry, exit etc.
Keep it simple in the beginning. Buy something, like an index fund, and hold. Educate yourself in the meantime and elevate your risk tolerance over time.
In order to make profits from trading you need loads of experience and a well defined strat'egy, which most tra'ders don't have. If you trade without the proper preparation, you're most likely to lose your money. Identify the buy/sell ratios and identify the market leaders and most importantly. Dive'rsify! This will help you spread risk.
Even with the right technique and assets some investors would still make more than others, as an investor, you should've known that by now, nothing beats experience and that's final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I'm buying again.
@@oliverhall7737
Who is your financial advisor or coach, do you mind hooking me up?
The adviser I'm in touch with is Rebecca Catherine Schmidt she works with Merrill, Pierce, smith incorporated and interviewed on CNBC Television. You can use something else. For me her Strategies works. She provides Entry and Exit point for my securities I focus on. Look her up on the internet
GREAT and MUCH NEEDED video, Guy!! Can you still receive REFLECTIONS for unstaked Crypto stored on Trezor or Ledger wallets?
I would like a detailed review on ellipal Titan it seems really good
Neko's hardware wallet will be an excellent defi-born alternative to the usual suspects I see here. Should be available in the fall! I have a ledger now, but will definitely pick a Neko up when it comes out.
Looks like a good pick indeed
How do I find out more info about this wallet?
@@CIK360 The Neko!!!
Yes, patiently waiting
I'm also waiting for Neko's wallet 🙌🏼
Does a hard wallet that connects via Bluetooth actually comprise the wallet’s security in some way?
Great analysis, thank you! A bit off-topic, but I wanted to ask: My OKX wallet holds some USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). How should I go about transferring them to Binance?
Is there any way to split my master private key in N parts where it can be reconstructed only if someone gets k < N parts ? (and so I can store it in multiple locations and have one of them stolen/ lost)
Can u do a vid on best practices for buying and storing crypto on the Ledger? The most secure & safest practices? Like, Do u create a new crypto acct for ea transfer? How to u buy crypto from Ledger Live via Muun wallet (from ur phone).. Do u need to have Ledger Live on ur phone to do this?.. Ledger support sucks.. Once u get a Ledger cold storage wallet, no one gives advice on the best safest practices on how to use it.. & best places to store the seed words & the ledger itself. Can u travel w/ it? Or should it be empty when traveling internationally?
You are doing a fantastic job! Just an off topic question I have a ledger wallet with USDT and I have the recovery phrase. (image you tuition loan endless kit north item dice during home filter). How can I transfer them to Binance?
any chance you could review your ledger discount code!? says it's expired now.
I am a total beginner and some of this is still so new but I am grateful.
Can you please do a review on air gaped wallets such as the Ellipal and N-Grave, also biometric wallets such as Dcent. Thanks
Great video on hardware wallets Guy for New & Experienced Bitcoin ,Altcoin Owners as we move to NFTS & Web 3. Its so important to know the Basics,Apply them to survive & help yourself,your family & friends in this world.
This truly aged very well. I`ve got my Ledger Nano X since 2 days and I absolutely love it and the security feeling that comes with it. Thanks for the detailed review, Guy!
my beautiful gf got me a Nano S plus for xmas and i couldnt be happier. so much joy knowing my money is safe and secure and put all in one tiny device!
@@DEV3N87 Hopefully she bought it directly from the manufacturer
This aged very bad
@@east9z No, it didn`t. Users are just too stupid to recognize the difference of a compromised product or of an optional service.
@@Irgin however it is only optional , until it is not :) the company can upgrade the firmware at any time and while I personally find it far fetching , it is not impossible , plus personally would feel more secure with open source software
What’s your view on or do you plan to review new age wallets such as SafePal S1 and Ngrave Zero ? Thanks.
I’m ordering the Trezor Model T thanks Guy!!
Good going Guy. Spot on. ...especially with bankrupcies. Staying alive, staying alive...
Very thorough from the Beuro.
I have friends with millions of dollars on coinbase and I tell them everytime I see them to get a hardware wallet
they must be nuts to not have one if they have that kind of money at risk.
After Voyagers crash, I don't know why anyone would store crypto on exchanges.
Thank Guy !! This is great info to create. I’ve had people ask me for help and either I’m not explaining it correctly or people have a hard time grasping… perhaps a lil of both lol 👍👍
You have a very professional operation. TY
guy why not mentioned the new Ledger Nano S Plus?! open-source is not always great since it allows attackers to find bugs faster.
is Windows/MacOs/iOS open-source? the last point Trezor does no have HSM (Hardware security module) hence its more susceptible to hardware hacking
you really don't why auditable open source is better.... guess why the best security tools are all open source, including most sucurity hardware (firewalls and routers). Just try to understand
@@tyyuuuihycyctct its a myth people think "oh open-source it must be secure since 200 people looked at the code and 1000 downloaded it" wrong having it open source allows hackers to make custom firmware. the best security tools are all open source? perhaps but we are not talking about offensive tools only oparating system. Are Pentagon's security cameras open-source?
@@tyyuuuihycyctct
No, the best security is not just open source, it's audited source
The military does not use open source unless it's vetted and they roll their own
Nothing wrong with closed source as long as it's independently verified by credible sources
Open source just means more eyes viewing it which increases the statistical odds of an exploit being found, that doesn't make it more secure
10 high quality reviewers analysing closed source could certainly be better than 20 less qualified people reviewing open source
Just because it's open source doesn't make it secure by nature
@@stultuses who decides which reviewers are credible?
How do we know they aren't working with an inside bad actor?
Let's hope no bad actors ever think to put an inside man in the fab facility that manufacturers HSMs......
Hey Guy, great video! I have a question unsolved though. Could you restore a wallet created with Trezor to a Ledger device or viceversa? It would be as easy as just restoring the wallet in the new device using the seed right? I wonder if they both use the same amount of works, though. Thanks!
As far as I understand, yes you can. Never tested this tho 😀
As long as they us a standard BIP-39 passphrase, yes
Yes. With your recovery phrase in hand you could restore your wallet on any device. To build confidence I recommend buying two separate devices and practice recovering like 20$. Try wiping one with a factory reset, then recovering the wallet. Try sending coins back and forth to two different wallets. Try making the same wallet on two devices. Etc. i did all this a while back and it makes you feel comfortable with cold storage as you get really familiar with the process. Just think of every scenario in which things could go wrong and run through all the scenarios. Same with seed phrase storage. It’s a big responsibility to hold all your coins but with rehearsals like these it allows for more peaceful sleep at night.
Also reminder to factory reset/wipe any device you get; even after making sure it was from a credible source. Never use a seed phrase already on a device when shipped to you. Takes 5 min to reset, throw in new firmware, and write down a new phrase.
@@ps_83 indeed
Thanks big man, another killer video. Very much appreciated.
Hi Guy, is there a "network" fee as such when xfer from Exodus software wallet to trezor cold storage? and vis versa? thanks
ELLIPAL is air gapped would love a review on that
perfect timing as ive started looking for one..much appreciated.....
Well timed video 🙌 (pre FTX madness)
D'cent hardware wallet is an excellent choice. Surprised it wasn't on here with all the features it has.
Thats the one I want
D’CENT is the best one in my opinion. Ledger NANo is wayyyyy overrated
Can it store XRP XLM XDC ALGO HBAR and FLARE?
@@SolidGeddoe everything except algo
Would recommend Trezor instead of Ledger since Ledger has backdoor
Is XUMM same as a Ledger hardware wallet ? how can you compare them since the owner have their keys? Regarding to the use , is xumm good for long term ? Thanks.
Nice and informative vid as always! Coin Bureau gang! Just an FYI the ledger discount code doesn't work
Please explain your thoughts on the Safepal hard wallet for your next video.
Hi Guy, will appreciate step by step on how to transfer AVAX C-Chain from Trust Wallet to Ledger Nano X ....TIA
Coin Bureau, any chance of a a video covering the best/safest mining programs to use to go along with this wallet video?
Hello, I already have hardware wallet "Trezor" where should I store my coin?
(1) In trezor suits or (2) In metamask connected with trezor. I have a hard time transferring my coins from exchanges to trezor suits that's why I prefer metamask with trezor. Is that the best choice?
Those are just front ends to access your wallets. Metamask is for ethereum only along with the virtual machines built along side it. Those include cronos/polygon/etc. Metamask can access solana or bitcoin or all the others.
Hello Guy, Can you tell me if an import tax is imposed on these goods after purchasing.?
great video, thanks Guy! I think the new Ledger Nano S plus has 100 apps installed hence the old limitation of 3 apps is now finally gone
Guy.. can you please do a review on the NGRAVE wallet🙏🙏 thank you!
Just last week, Ledger said they will soon stop offering support for Ledger Nano S.
Love the shirt, love your videos! I guess no one can claim you were their financial advisor.
you are one of the rare tubes i follow. Keep up !
A video about the Ellipal wallets would be interesting
I use the ed25519-sk on the Trezor model T for ssh login. You can stake ADA through Eternl with Trezor. I am having issues doing GPG that is not NIST. The problem with this NIST probably has a backdoor from the NSA.
Ngrave’s AEL7 device is the only one with that high of a security.
I'm sure it's been mentioned many times In the comments, but the best deal of all wallets is this Ledger Nano S Plus. Surprised you omitted this from your video.