Thank you for your honest opinion. This is the best review I've seen on ledger nano s vs s Plus vs x. He's so sincere. That chicken crying didn't let me hear everything. But jokes apart you did a good review here.
I just got a Nano X and what I noticed when putting the Nano S Plus and then the Nano X in the cart is that the Nano S charges you over $20 for shipping plus taxes and the Nano X doesn't charge you shipping but still charges taxes. So the Nano X actually isn't $170. I think the Nano X is still a better value to avoid the additional shipping cost. I think the bluetooth comes in handy if you want to do transactions on the go.
Your review is right-minded. What little I can add is that Nano X has a battery, which is a big disqualifier for me. S has no battery, which is great, and I *think* same for S Plus. Second, I would set the entry cost a little higher than you did because a good best practice is to have a spare, so you can restore fast and easily if something happens to the active one. (I know - you can restore to any wallet using the seed phrase, but if you restore to a software wallet or a Trezor, you'll be in a different ecosystem of signing apps and Ledger Live may not work the same way - potential headache.) Third, I consider the certification a good feature of the Ledger because it means *somebody* should have checked the code for the presence of a root kit. Most people wouldn't know how to do that, and it's worth paying for. Fourth, yes, order direct, and make the ship-to address something OTHER than your home. @Rhett , another great video.
Yeah that's a great point I should have mentioned the shipping. I was part of that big leak a few years ago but we were living in an airbnb at the time so it didn't really bother us too much but people who shipped directly to their homes I'm sure felt differently. Thanks, cheers Charlie :D 🙏
How are you guys saying anonymously? if youre paying online? With a random BTC wallet? because i you use your CC of Blockfi credit card youre pretty mch giving them all that informtion anyways.
Yeah that’s a good point. If blockfi got hacked all that info would be leaked. Ledger did actually get hacked a few years back and everyone’s addresses were leaked. Hopefully that doesn’t happen again. Generally good to limit the amount of info you’re giving out if you can (sometimes you can’t like you’re saying with BlockFi). Gotta make the decision of privacy vs utility, different people will make different decisions.
You didn't actually cover all the differences. Ledger Nano S = 0.32 MB storage space Ledger Nano S Plus = 1.5 MB storage space Ledger Nano X = 2.0 MB storage space
Ooof good point - googled storage space and found that chart. Never saw it on their stock comparisons page :/ support.ledger.com/hc/en-us/articles/4494199880221-Ledger-Nano-S-Plus-Frequently-Asked-Questions?docs=true Weird that they still quote the S Plus and the X as being able to store the same number of apps if the storage spaces are different.
Nah you are def right @11:10. They are cannibalizing an existing product and clearly that top end model will get upgraded at or around the holidays. Good video as always
Yeah gotta be right. Nano S Plus is too good rn. They’re doing bundle sales on the S trying to get them all out the door haha. They’re def gonna rug everyone in Q4 and release some insane X+ model that does your laundry or something
So can I just plug a cord into the nano S plus / from my iPhone to load crypto from an exchange ? Or do I need Bluetooth… or to use a laptop instead. Everything is on my phone now it’d be easiest to just deal with it that way
Thanks , so if I wanted to add a second ledger for confirming transactions , last in MetaMask , would I have to confirm on the first ledger to let my second ledger work onit?
Not sure I understand the question. I don’t think you can natively set up a multisig using metamask. If you bought two ledgers you could associate to two separate metamask wallets
Yeah here’s how to do it with Unchained Capital: ruclips.net/video/V1Krw5dZc28/видео.html Here’s how to do it for free using Bluewallet: ruclips.net/video/T93Vm6fB3vs/видео.html
I have a 4 year old Nano S & I only own Polygon/MATIC. Is this old device good enough to cold storage my Polygon/MATIC, or should I buy a new device? I'm not looking to buy any NFT's and not interested in purchasing any other crypto's. Basically, I'm not sure if my old Nano S is outdated? Thanks
@@RhettReisman Harmony one is a token . Funny enough the nano s was supporting but not the nano x. That why I wanted to find out if the nano s+ does before waisting my money to buy one. Thank you I cannot find the answer my you could help with that
@@Bod-XRP Yes it'll let you know. When you click on setup as new device from the menu option, it'll have you setup a pin. After that it'll prompt you to write down the 24 word seed phrase.
As for the 2.2.1 update, is that just for the X version or also the S version. I'm not liking the fact that our seed phrase will be "held" by 3 different entities hoping they will be honest with them. NO THANKS!!
You have to physically sign your device to send the seed phrase it isn’t stored with third parties by default in the update. The S can’t take the update for ledger recover.
Three questions, 1) is the S+ not compatible with IOS? 2) does S+ allow Cardano wallets without the need of wallets like yoroi? 3) does the amount of money you have in each coin make a difference with S+?
1) you have to import the accounts from desktop, not full functionality 2) you need third party wallet according to this www.ledger.com/cardano-wallet/ 3) amount of money doesn’t make a difference
Ledger nano s/s+ not compatible with ios: cryptosec.info/ledger-nano-s-iphone/ That being said if you don't care to manage your coins from mobile it doesn't really matter. You can just use a regular mobile wallet
But the micro usb is just how it connects to the device? I only need one or two three types of crypto. So I dont really need anything more than the nano ledger s for the moment. But.... I wonder if theres an issue with the micro usb? Is that just another type of connection to the device? I have no clue for the difference between the different type of connections or if that gives some type of issue....
Yeah there’s not really a huge functional difference, it’s just annoying to have a ton of different kinds of cables. Going with a ledger nano s (while supplies last) is a good move if you don’t need too many different token wallets :)
Basic level I wouldn't buy from any other website than the manufacturer website. Obviously look to see that the packaging hasn't been opened etc and make sure you're writing down the seed phrase for the first time like we do in this video here: ruclips.net/video/E6QayhALDTM/видео.html For more info check out ledgers article here: support.ledger.com/hc/en-us/articles/4404382029329-Check-hardware-integrity?support=true
Live footage of micro usb in 2022 had me rolling. Too true. However, pretty sure I already own all the bridges in Brooklyn so I'm gonna need you to cease and desist.
Hello sir, excellent video!! Thank you so much! I just wanted to ask you a question, it is not clear for me why ledger is not safe for Bitcoin? Thank you
People will tell you that ColdCard is safer because the code is open source, the CC is airgapped, and the software was written specifically with Bitcoin in mind. I think in reality Ledger is plenty safe for your bitcoin - I keep my bitcoin on ledger devices.
I don't think so - I think it's a limitation of the ledger live iOS app. Read more about it here (under What are the differences between Ledger Nano S, Nano X, and Nano S Plus?): support.ledger.com/hc/en-us/articles/4494199880221-Ledger-Nano-S-Plus-Frequently-Asked-Questions?docs=true
I might be dumb - but surely having your private key stamped into metal is a massive risk as anyone involved from production to delivery could just nab your crypto?
I don't think it offers a discount (or ledger didn't send a discount description in the email they sent me), I think that link just tracks how you entered ledger.com :/
Honestly, Rhett I would like to see a video of how this works rather than, cookie cutter this is the one to buy. Rhett you always provide great info. So that's not aimed at you. But I haven't bought one because I don't understand how you coins will increase in value Locked in the vault. So how do you get the right value. Do you store the full amount on the ledger or just a portion? Do you have to get the coins back to an exchange before they can be used. .......etc..? Thank you for illustrating the difference in the products. 💯
I personally have all my bitcoin in cold storage (off exchanges) which means to sell them I would have to transfer them back to the exchange to get USD back. They increase in value the same way tokens increase in value on an exchange - the market bids the price higher and lower. The only difference is you’re custodying the coins yourself instead of trusting some company (like Coinbase or Gemini) to hold the coins for you (coins on exchanges are susceptible to hacks - Mt Gox, exchanges can turn off your ability to withdraw - Binance, etc) I’ll make a video showing how to move coins from Gemini onto Ledger Nano S+ and then back to Gemini
@@RhettReisman I wish there was a way to transfer your coins between your own wallets without incurring fees. At least Gemini allows 10 free transfers a month. Goes great automating transfers to my cold storage using AWS. 😃
Yeah unfortunately, 0 fees means there’s centralization involved haha (someone HAS to be paying the fees - there is no free lunch etc). Gemini is great for this though and is a big part of why they’re my favorite exchange.
But I don't get how a seed phrase of 256 bit can recover many keys of 256 bits how the are from different blocks chain?? It's looking like it's just a key of database out side of your keys... Because it's can be recovered with out your keys... So what the difference with binance or Coinbase? And can get hacked to if they have the key or the government can force them to give the keys Etc...
Ledger doesn’t have your keys. You have your own keys. The keys are to every wallet you generate on the device. If you don’t like the security you can create a multisig with devices from different manufacturers or for BTC just go with a coldcard for maximum security
@@RhettReisman thanks for your article , I already know about it... It's not that my concern, for example with your ledger can you see your seed ( or private keys) and use it directly with a other type of wallet ... It could be already a start of progress... How you can be so sure you created the keys and they was not given to you ( even you have random generator who has the skills to be sure they are random,and aren't set who can be recovered many trick s are possible in fact so many)?... So the wallet company have them...
If you want to implement that level of security you can black out your windows and roll dice and generate your own BIP39 seed phrase and put that into the ledger. Or roll dice into a ColdCard a ledger and a trezor and create a multisig with three different devices and 3 different fully random rolled by you seed phrases.
I really want to know that when I receive the mnemonic generated by the ledger machine, will it be the mnemonic that the ledger company has already generated to me? It is really scary
You could roll your own seed phrase using dice and load that onto the ledger if you don't trust their generation ruclips.net/video/D9j5y3tyMo8/видео.html
I think paper is better than titanium.. Basically you can write your own BS code into your seed phrase that only you know is BS so it can be hidden away, but if its ever found, it's still safe. All the metal type wallets I found didn't allow for any BS words to be inserted. So i'd rather have a paper that is still safe even when found, rather than a metal piece that if it's found, it's compromised.
I hear you, and to each their own. My two cents: with paper you run the risk that when it’s found you can’t read it because it’s wet/ashes/etc. As far as writing BS words and then using another code to crack the BS that only you know, it’s not a good solution for inheritance specifically. As a best practice, you should try to make the system as idiot proof as possible.
I would get it directly from the website. Amazon through the official Ledger store is probably fine, but never know how Amazon is actually doing order fulfillment.
Some bad actor would still need to press buttons on the device to sign a trade so I think a hack like that is unlikely. But to your point, I think carrying these around with you all the time (regardless of Bluetooth) is not super smart.
Unfortunately, not that I’m aware of. Ledger just sent out that referral link didn’t provide a discount code or any details of offers related to the link
That's a scam. Never (under any circumstances) input your 24 words into a computer. Download the latest software only from Ledger's website. Ledger will never ask you to input your 24 words into a computer.
Sorry nothing to do with this vid, BUT its important for all ur subs to know... Gemini have updated thier Taker/Maker API Fee to .40%/.20%... Please make a video talking about how this effects ur investments strategies, also maybe research other exchanges API fees for comparison
I found the Trezor model one to be the most fragile feeling. Haven’t found one that feels super sturdy yet but I’ll keep an eye out. Keystone is best I’ve found from build quality perspective but screen could crack so who knows
Many thanks i learn a lot,, my opinion u wana wallet that save ur assets way from net ,, 100 usd nano s plus too door 🚪this mean with tax and shipping ,, for me this is more than enough to servie the job 🎉
Just to note.. if you want an s plus, and have IOS phone, but also have a PC, you can just do your transactions on the PC…. But still see you ledger live balance and everything on your IOS phone.
That’s a good point - can be annoying to manage though especially since the S+ is so similar in price. Don’t think there’s a good reason to get the S anymore :/
@@RhettReisman I don't get what the op is saying...so we can't store more than 4 crypto on the S+? And you aren't recommending it anymore cuz of that reason? Cuz it is due to being 1.5mb storage?
He’s saying that on the S, even though there is a limit of 4 wallets you could theoretically if you had 6 different coins you wanted to store uninstall and reinstall wallet apps on the S every time you wanted to sign a transaction. Even though this is possible it is really annoying. I’m saying that even though this is possible to do on the S, you should just get an S+ since the prices are so similar and you wouldn’t have to do that using the S+. And per my prediction at the end of the video, ledger recently announced that they are discontinuing the S model since the S+ is strictly a better product. I’m still predicting that they’ll release and X+ model at some point later next year with NFC or some fancy bells and whistles like that.
I believe so, but I wouldn’t use it (others might) depends how much you trust Amazon to actually ship you something from the source vs doing it for yourself. Even if there was a 50% discount on amazon I’d probably go from ledger just for the peace of mind (other people might just take the discount and never think about it again - personal preference)
Hey, great video brother! I enjoyed watching. I still have not made my decision on which model to buy. How many blockchains does the top quality model support? Like does the Nano support ETH, BNB, CRO, ATOM, AVAX, FTM, MATIC, etc etc etc and so on? I really need to know THAT before I keep moving any further. Keep up the great work bro! #430aoncrypto
@@RhettReisman Thank you so much brother. I need one asap. I'm thinking about the Nano X. Most likely that will be my choice. This video helped allot. Thank you again. Keep up the great work!🚀 #430aoncrypto
@11:22 lol bro you were right, they’re coming out with Ledger Stax
Yeah I'm a genius 🤷🏻♂️ subscribe to watch me continue to predict the future 🔮
Thank you for your honest opinion. This is the best review I've seen on ledger nano s vs s Plus vs x. He's so sincere. That chicken crying didn't let me hear everything. But jokes apart you did a good review here.
Haha thank you happy to help :)
I was having connectivity issues with the nano x and pulled out my old school S and it worked!
Keeping it simple is usually the way to go with stuff like this IMO
The old school s is goated
How is the nano s+ for multisig in casa? Is it better than trezor for multisig? I believe the original nano s was known to be horrible for multisig.
I just got a Nano X and what I noticed when putting the Nano S Plus and then the Nano X in the cart is that the Nano S charges you over $20 for shipping plus taxes and the Nano X doesn't charge you shipping but still charges taxes. So the Nano X actually isn't $170. I think the Nano X is still a better value to avoid the additional shipping cost. I think the bluetooth comes in handy if you want to do transactions on the go.
Thanks for pointing this out, didn’t realize the Nano X allowed you to avoid shipping costs.
Your review is right-minded. What little I can add is that Nano X has a battery, which is a big disqualifier for me. S has no battery, which is great, and I *think* same for S Plus. Second, I would set the entry cost a little higher than you did because a good best practice is to have a spare, so you can restore fast and easily if something happens to the active one. (I know - you can restore to any wallet using the seed phrase, but if you restore to a software wallet or a Trezor, you'll be in a different ecosystem of signing apps and Ledger Live may not work the same way - potential headache.) Third, I consider the certification a good feature of the Ledger because it means *somebody* should have checked the code for the presence of a root kit. Most people wouldn't know how to do that, and it's worth paying for. Fourth, yes, order direct, and make the ship-to address something OTHER than your home. @Rhett , another great video.
Yeah that's a great point I should have mentioned the shipping. I was part of that big leak a few years ago but we were living in an airbnb at the time so it didn't really bother us too much but people who shipped directly to their homes I'm sure felt differently.
Thanks, cheers Charlie :D 🙏
How are you guys saying anonymously? if youre paying online? With a random BTC wallet? because i you use your CC of Blockfi credit card youre pretty mch giving them all that informtion anyways.
@@ChristianReyess You are correct. I'm just saying keep your home address out of their marketing database, to the extent possible.
Yeah that’s a good point. If blockfi got hacked all that info would be leaked. Ledger did actually get hacked a few years back and everyone’s addresses were leaked. Hopefully that doesn’t happen again. Generally good to limit the amount of info you’re giving out if you can (sometimes you can’t like you’re saying with BlockFi). Gotta make the decision of privacy vs utility, different people will make different decisions.
Your video is the best comparison out there thank you man for saving me so much research time
Cheers Jamel glad to help :D
Thanks for the information. cheers.
Happy to help Jeff 🫡
You didn't actually cover all the differences.
Ledger Nano S = 0.32 MB storage space
Ledger Nano S Plus = 1.5 MB storage space
Ledger Nano X = 2.0 MB storage space
Ooof good point - googled storage space and found that chart. Never saw it on their stock comparisons page :/
support.ledger.com/hc/en-us/articles/4494199880221-Ledger-Nano-S-Plus-Frequently-Asked-Questions?docs=true
Weird that they still quote the S Plus and the X as being able to store the same number of apps if the storage spaces are different.
Awesome video! Thank you for the clear comparison between the Ledger products!
Glad to help!
..liked your background Bleeps...lol 😄
SpongeBob the goat 🐐
Awesome video! Super helpful information here!
Glad to help :)
Liked and subscribed. This video was real helpful. Thanks
Thanks! Glad to help :)
Thank you for the straight forward upfront info neighbor.
Cheers bruv 🙏
Tks for the clarity
Glad to help!
Giving you a comment cuz this was good info and shit like this needs to get bumped in the Algo at these times
I appreciate you 🙏
What do you guys use for cold storage?
Nano x
@Randy Willard Yeah me too. Nano X is goat RN
That’s a great point. Moving mine to the freezer now
Ledger Nano X for now, like the bluetooth interface on ios. Planning to get Trezor mode lT soon.
I bought the TREZOR model T but now I find out it doesn’t look like it excepts VET or RSR!? Worthless
Great idea to stamp the seed phrase in steel. And I work in a fabrication company. Guess what I'm doing the next day.. lol.
Hahah that’s awesome 🔥🔥🔥 having access to a facility like that is epic
Thank you for the breakdown.
No problem 🙏
Nah you are def right @11:10. They are cannibalizing an existing product and clearly that top end model will get upgraded at or around the holidays. Good video as always
Yeah gotta be right. Nano S Plus is too good rn. They’re doing bundle sales on the S trying to get them all out the door haha. They’re def gonna rug everyone in Q4 and release some insane X+ model that does your laundry or something
Thank You baby you solved my dilemma
No problem 👍
Great thorough video. Just subscribed.
Thanks Larry! 🙏🙏
Thank you. Just the info I needed to help me make a decision :)
Which one did you decide on?
Cheers :D
So can I just plug a cord into the nano S plus / from my iPhone to load crypto from an exchange ?
Or do I need Bluetooth… or to use a laptop instead. Everything is on my phone now it’d be easiest to just deal with it that way
Yeah you can use a cord. You could use your iPhone or a computer
great vid Rhett.
Thanks 🙏
Nano X would be good but the battery problems is horrible I have had 2 and the battery dies
Yeah maybe the S+ is even better then. The whole Bluetooth thing was gimmicky in the first place imo
Thanx for the video..can you use the S Plus on and android?
Yes! It works to sign on Android but not iOS
great review thanks!!
Glad to help :D
Yeah, the analysis was great, but I really gave a thumbs up for your micro emoji’s, they made me laugh 😂 4 real. But great content
😂🤣 thank you 🙏
Thanks , so if I wanted to add a second ledger for confirming transactions , last in MetaMask , would I have to confirm on the first ledger to let my second ledger work onit?
Not sure I understand the question. I don’t think you can natively set up a multisig using metamask. If you bought two ledgers you could associate to two separate metamask wallets
Very helpful thanks
Cheers :) glad to help
Do you have a video how to set up multi signature wallet
Yeah here’s how to do it with Unchained Capital: ruclips.net/video/V1Krw5dZc28/видео.html
Here’s how to do it for free using Bluewallet: ruclips.net/video/T93Vm6fB3vs/видео.html
Thanks for the info 🤙
Glad to help :)
Thx for the video. Good info. Thanks, but why do you sound like your from Cali?
No problem! Probably because I'm so wealthy and handsome
I have a 4 year old Nano S & I only own Polygon/MATIC. Is this old device good enough to cold storage my Polygon/MATIC, or should I buy a new device? I'm not looking to buy any NFT's and not interested in purchasing any other crypto's. Basically, I'm not sure if my old Nano S is outdated? Thanks
Old device is fine. Make sure to keep the seed phrase safe and you’ll be good for the long run even if that old device fails 10 years from now.
@@RhettReisman Thanks brother!
No problem 🙏🙏
Simple is best. No battery. Thanks!!
Do you know if the ledger nano s plus supports the harmony one as the nano x dose not only the nano s?
Is harmony one a token? Think the Nano S+ and the Nano X support the same tokens.
@@RhettReisman Harmony one is a token . Funny enough the nano s was supporting but not the nano x. That why I wanted to find out if the nano s+ does before waisting my money to buy one. Thank you I cannot find the answer my you could help with that
According to this, no: www.ledger.com/supported-crypto-assets
@@RhettReisman Thank you
Please forgive my ignorance....when you purchase a ledger...does it automatically come with a seed phrase or do you make your own seed phrase up..?
The ledger will generate a new seed phrase for the 1st time during the setup. It should not have a pre generated phrase with it.
@@mikhail716 Thank you...Will it let me know that it is generating the new phrase...will it be obvious.?
@@Bod-XRP Yes it'll let you know. When you click on setup as new device from the menu option, it'll have you setup a pin. After that it'll prompt you to write down the 24 word seed phrase.
Mike is correct! Ledger shouldn’t come pre-loaded with a seed - if it does, don’t use it. Cheers guys :)
@@RhettReisman Thank you..👍
As for the 2.2.1 update, is that just for the X version or also the S version. I'm not liking the fact that our seed phrase will be "held" by 3 different entities hoping they
will be honest with them. NO THANKS!!
You have to physically sign your device to send the seed phrase it isn’t stored with third parties by default in the update. The S can’t take the update for ledger recover.
Great video, answered all my questions. Thank you.
Cheers Don - glad to help :)
Thanks for simplifying my decision to not purchase the Nano X. Also, I totally need that Thor hammer too! You're the best.
Glad to help! Yeah the hammer is awesome haha
Three questions, 1) is the S+ not compatible with IOS? 2) does S+ allow Cardano wallets without the need of wallets like yoroi? 3) does the amount of money you have in each coin make a difference with S+?
1) you have to import the accounts from desktop, not full functionality
2) you need third party wallet according to this www.ledger.com/cardano-wallet/
3) amount of money doesn’t make a difference
@@RhettReisman thank you for that
Is the nano s compatible with apple I pad pro? Or apple 13 phone? Thank you gulfstates roofing.
Ledger nano s/s+ not compatible with ios: cryptosec.info/ledger-nano-s-iphone/
That being said if you don't care to manage your coins from mobile it doesn't really matter. You can just use a regular mobile wallet
I cared about the Bluetooth feature on the x, I have ios so for me the nano x was the best option
Yeah the nano X is great 🔥🔥🔥
Great video. If I only plan to have BTC and ETH, will S Plus be enough memory or you recommend getting X?
S+ will be enough memory, only get the X if you care about Bluetooth (not worth it IMO)
💪🏻 thanks this was great!
Thanks Jared 🙏 glad to help :)
🫶🏻
Thx great video.
Glad to help 🙏
Very great video! Thank you 💖
No problem :)
Count me in I'm placing my trade with expert Mrs Robert Nancy She is active with this➕𝟏𝟸𝟶𝟾𝟸𝟾𝟻𝟼𝟻𝟿𝟻☎️ currently on... she's tested and trusted.
You think the Leader X is better than D'Cent?
I use the Ledger X I’ve never used or heard of D’Cent (it’s also not supported by multisig providers like Unchained or Casa)
But the micro usb is just how it connects to the device? I only need one or two three types of crypto. So I dont really need anything more than the nano ledger s for the moment. But.... I wonder if theres an issue with the micro usb? Is that just another type of connection to the device? I have no clue for the difference between the different type of connections or if that gives some type of issue....
Yeah there’s not really a huge functional difference, it’s just annoying to have a ton of different kinds of cables. Going with a ledger nano s (while supplies last) is a good move if you don’t need too many different token wallets :)
@@RhettReisman Yes, thank you! I guess this will be my first and then after I can get another one if needed :)
Hello how would you know if it has been tampered with?
Basic level I wouldn't buy from any other website than the manufacturer website. Obviously look to see that the packaging hasn't been opened etc and make sure you're writing down the seed phrase for the first time like we do in this video here: ruclips.net/video/E6QayhALDTM/видео.html
For more info check out ledgers article here: support.ledger.com/hc/en-us/articles/4404382029329-Check-hardware-integrity?support=true
@@RhettReisman thank you
Very helpful
Glad to help :)
Does Nano S Plus work with any type-C cable or it has to be the one they sell?
Any type-C cable should work - I've used apple cables before
@@RhettReisman okay thanks
Live footage of micro usb in 2022 had me rolling. Too true.
However, pretty sure I already own all the bridges in Brooklyn so I'm gonna need you to cease and desist.
😂🤣 Bro could you sell me one of those bridges imma need it
Would you say it’s safe to buy it from Best Buy? Thanks.
I would probably go direct from the supplier online just to be safe.
Safepal is airgapped and holds NFTS
Never heard of it
yup. pretty much informative. thanks g
Glad to help :)
Hello sir, excellent video!! Thank you so much!
I just wanted to ask you a question, it is not clear for me why ledger is not safe for Bitcoin?
Thank you
People will tell you that ColdCard is safer because the code is open source, the CC is airgapped, and the software was written specifically with Bitcoin in mind. I think in reality Ledger is plenty safe for your bitcoin - I keep my bitcoin on ledger devices.
Thank you so much. You are amazing dude, keep the good job. I am glad I found your channel. I have subscribed and will recommend your videos 🙏🏽
Thank you for sharing, and for the kind words 🙏 I really appreciate it - keeps me going :)
Is their no adapter to make the s+ to your iphone
I don't think so - I think it's a limitation of the ledger live iOS app. Read more about it here (under What are the differences between Ledger Nano S, Nano X, and Nano S Plus?): support.ledger.com/hc/en-us/articles/4494199880221-Ledger-Nano-S-Plus-Frequently-Asked-Questions?docs=true
I might be dumb - but surely having your private key stamped into metal is a massive risk as anyone involved from production to delivery could just nab your crypto?
The metal doesn’t have the seed on it when it is produced.
You stamp your seed into the metal when you receive blank plates.
@@RhettReisman Ahhhhhh, that would explain the hammer haha. thanks
Exactly lol
Tried using your affiliate code but the site said it was a invalid code for some reason. Does it come with a discount?
I don't think it offers a discount (or ledger didn't send a discount description in the email they sent me), I think that link just tracks how you entered ledger.com :/
Honestly, Rhett I would like to see a video of how this works rather than, cookie cutter this is the one to buy. Rhett you always provide great info. So that's not aimed at you. But I haven't bought one because I don't understand how you coins will increase in value Locked in the vault. So how do you get the right value. Do you store the full amount on the ledger or just a portion? Do you have to get the coins back to an exchange before they can be used. .......etc..? Thank you for illustrating the difference in the products. 💯
I personally have all my bitcoin in cold storage (off exchanges) which means to sell them I would have to transfer them back to the exchange to get USD back. They increase in value the same way tokens increase in value on an exchange - the market bids the price higher and lower. The only difference is you’re custodying the coins yourself instead of trusting some company (like Coinbase or Gemini) to hold the coins for you (coins on exchanges are susceptible to hacks - Mt Gox, exchanges can turn off your ability to withdraw - Binance, etc)
I’ll make a video showing how to move coins from Gemini onto Ledger Nano S+ and then back to Gemini
@@RhettReisman Perfect! So those coins don't show in Gemini or coinbase right
No, they’ll show in ledger live - free software that ledger uses to show you how many coins are in your hardware wallet
@@RhettReisman I wish there was a way to transfer your coins between your own wallets without incurring fees. At least Gemini allows 10 free transfers a month. Goes great automating transfers to my cold storage using AWS. 😃
Yeah unfortunately, 0 fees means there’s centralization involved haha (someone HAS to be paying the fees - there is no free lunch etc). Gemini is great for this though and is a big part of why they’re my favorite exchange.
not compatable with IOS.... so i cant use the s+ on my Mac?
You can use it on your Mac. You can’t use it from your iPhone
I set up an S+ using my Mac here: ruclips.net/video/E6QayhALDTM/видео.html
But I don't get how a seed phrase of 256 bit can recover many keys of 256 bits how the are from different blocks chain??
It's looking like it's just a key of database out side of your keys... Because it's can be recovered with out your keys... So what the difference with binance or Coinbase? And can get hacked to if they have the key or the government can force them to give the keys Etc...
Ledger doesn’t have your keys. You have your own keys. The keys are to every wallet you generate on the device.
If you don’t like the security you can create a multisig with devices from different manufacturers or for BTC just go with a coldcard for maximum security
@@RhettReisman so how they can recover your keys with out your device? So necessary they have a ash of your keys... If have a other explanation...
Look up BIP39. Here’s an article: www.ledger.com/academy/bip-39-the-low-key-guardian-of-your-crypto-freedom
@@RhettReisman thanks for your article , I already know about it... It's not that my concern, for example with your ledger can you see your seed ( or private keys) and use it directly with a other type of wallet ... It could be already a start of progress... How you can be so sure you created the keys and they was not given to you ( even you have random generator who has the skills to be sure they are random,and aren't set who can be recovered many trick s are possible in fact so many)?... So the wallet company have them...
If you want to implement that level of security you can black out your windows and roll dice and generate your own BIP39 seed phrase and put that into the ledger. Or roll dice into a ColdCard a ledger and a trezor and create a multisig with three different devices and 3 different fully random rolled by you seed phrases.
I really want to know that when I receive the mnemonic generated by the ledger machine, will it be the mnemonic that the ledger company has already generated to me? It is really scary
You could roll your own seed phrase using dice and load that onto the ledger if you don't trust their generation
ruclips.net/video/D9j5y3tyMo8/видео.html
@@RhettReisman Thank you very much for your answer bro
I think paper is better than titanium.. Basically you can write your own BS code into your seed phrase that only you know is BS so it can be hidden away, but if its ever found, it's still safe. All the metal type wallets I found didn't allow for any BS words to be inserted. So i'd rather have a paper that is still safe even when found, rather than a metal piece that if it's found, it's compromised.
I hear you, and to each their own.
My two cents: with paper you run the risk that when it’s found you can’t read it because it’s wet/ashes/etc. As far as writing BS words and then using another code to crack the BS that only you know, it’s not a good solution for inheritance specifically. As a best practice, you should try to make the system as idiot proof as possible.
Ok..... brought mine from Amazon, but not used. Am I good?
I would get it directly from the website. Amazon through the official Ledger store is probably fine, but never know how Amazon is actually doing order fulfillment.
Lmaooo that bridge to sell comment
It's real bro I promise
that BT feature could become a security risk if ur at airport around a bunch of ppl
Some bad actor would still need to press buttons on the device to sign a trade so I think a hack like that is unlikely.
But to your point, I think carrying these around with you all the time (regardless of Bluetooth) is not super smart.
Nice review but with Ledger recovery news I don't recommend to buy Ledger anymore.
Definitely not for everyone
Does anyone use the Trazor for Anchor protocal?
I have used a Trezor before but not sure what the Anchor protocol is
@@RhettReisman you probably don't need to know what it is at this point...
😂🤣 ignorance is bliss. Unfortunately since the last comment I found out what Anchor is and made a video about it 🤦🏻♂️
Any discount code for any of these?
Unfortunately, not that I’m aware of. Ledger just sent out that referral link didn’t provide a discount code or any details of offers related to the link
Thank u! Just what I needed. Dan/Mad Slug .
Cheers Mad Slug 😤🐌
Can you store ADA?
Yep :)
thank you!!!
No problem :D
Thanks
Glad to help :)
Is there a discount code
No :( just referral tracking through ledger. Feel free not to use the link though if you find a deal somewhere.
there is a case where i am asked to upgrade the ledger software by entering the 24 words
That's a scam. Never (under any circumstances) input your 24 words into a computer. Download the latest software only from Ledger's website.
Ledger will never ask you to input your 24 words into a computer.
Sorry nothing to do with this vid, BUT its important for all ur subs to know...
Gemini have updated thier Taker/Maker API Fee to .40%/.20%...
Please make a video talking about how this effects ur investments strategies, also maybe research other exchanges API fees for comparison
I already did 💪 ruclips.net/video/7DXDd3QHSP0/видео.html
I have a nano s plus and hate it, the tiny buttons make it tricky to work with and the entire thing feels worryingly fragile.
I found the Trezor model one to be the most fragile feeling. Haven’t found one that feels super sturdy yet but I’ll keep an eye out. Keystone is best I’ve found from build quality perspective but screen could crack so who knows
@@RhettReisman I'm looking at the safe pal at the moment, looks better.. wonder what it will be like though
Yeah I’ve never used it sorry :/
I like to stick with ledger/trezor/coldcard becuase they’re compatible with Casa and unchained capital
Thank bro I'm getting a plus.
No problem man 🙏 let me know if there's anythign else you want to learn about :D
@@RhettReisman sub ;)
Love you 🙏❤️
Did you say it’s not good to buy Ledger for Bitcoin? That was what I wanted to buy 😭
I use ledgers in a multisig for my Bitcoin, maybe I misspoke?
Some hardcore bitcoin people don’t like ledger at all and would prefer coldcard.
9:36 XD hahahahahahahaha
Fr paper sucks lol
Many thanks i learn a lot,, my opinion u wana wallet that save ur assets way from net ,, 100 usd nano s plus too door 🚪this mean with tax and shipping ,, for me this is more than enough to servie the job 🎉
Happy to help :)
Damn you Rhett for showing us the hammer!
Gotta drop it on ‘em sometimes 🤷♂️
where is safe site to buy the nano ?
The link to ledger's website is in the description
Just got a new never opened nano s for under 20$.
Just to note.. if you want an s plus, and have IOS phone, but also have a PC, you can just do your transactions on the PC…. But still see you ledger live balance and everything on your IOS phone.
Great clarification - you just can’t use the iPhone to sign transactions right?
You might to install all apps no only 4 on Nano S, just uninstall and install new, all assets stay in wallet
That’s a good point - can be annoying to manage though especially since the S+ is so similar in price. Don’t think there’s a good reason to get the S anymore :/
@@RhettReisman I don't get what the op is saying...so we can't store more than 4 crypto on the S+?
And you aren't recommending it anymore cuz of that reason? Cuz it is due to being 1.5mb storage?
He’s saying that on the S, even though there is a limit of 4 wallets you could theoretically if you had 6 different coins you wanted to store uninstall and reinstall wallet apps on the S every time you wanted to sign a transaction. Even though this is possible it is really annoying.
I’m saying that even though this is possible to do on the S, you should just get an S+ since the prices are so similar and you wouldn’t have to do that using the S+. And per my prediction at the end of the video, ledger recently announced that they are discontinuing the S model since the S+ is strictly a better product.
I’m still predicting that they’ll release and X+ model at some point later next year with NFC or some fancy bells and whistles like that.
Fucking Awesome Review ! ! !
Thanks man 🙏 Glad to help :)
Could you link the official resellers that you would recomend in the US?
The only two I’m aware of are unchained.com and keys.casa
@@RhettReisman Thank you!
Cheers :)
Yo let's talk about that Bridge ;)
😂🤣😂
SO LEDGER IS NOT GOOD FOR STORING BTC ? WHY IS THAT ?
Who said ledger is not good for storing BTC?
@@RhettReismanso many people said Tangem is better for storing btc and other cryptos because it’s cheaper
Ledger nano x is the goat,has more storage and you can connect on the go
Same storage as the S+ but definitely still the goat
@@RhettReisman I thought the s+ has 1.5 and the x has 2?
Both have up to 100 apps shop.ledger.com/pages/hardware-wallets-comparison
But doesn't Ledger have an official Amazon store????
I believe so, but I wouldn’t use it (others might) depends how much you trust Amazon to actually ship you something from the source vs doing it for yourself.
Even if there was a 50% discount on amazon I’d probably go from ledger just for the peace of mind (other people might just take the discount and never think about it again - personal preference)
Toothless
Why should I talk to you when I’ve got 32 - shiny teeth + me 🦷🦷🦷🦷🦷🦷🦷🦷🦷🦷🦷🦷🦷🦷🦷🦷🦷🦷🦷🦷🦷🦷🦷🦷🦷🦷🦷🦷🦷🦷🦷🦷
Hey, great video brother! I enjoyed watching. I still have not made my decision on which model to buy. How many blockchains does the top quality model support? Like does the Nano support ETH, BNB, CRO, ATOM, AVAX, FTM, MATIC, etc etc etc and so on? I really need to know THAT before I keep moving any further. Keep up the great work bro!
#430aoncrypto
Nano X and Nano S+ support the same wallets. List here: www.ledger.com/supported-crypto-assets/
@@RhettReisman Thank you so much brother. I need one asap. I'm thinking about the Nano X. Most likely that will be my choice. This video helped allot. Thank you again. Keep up the great work!🚀
#430aoncrypto
Sorry I dont use android so nano X will do it for me
Good choice :)
I strictly only use my IPhone so the X is best for me
Yeah definitely worth it going with the X then
if that battrry explode then we lost all money