How to Protect Your Bitcoin using a Ledger Nano Secret Passphrase

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  • Опубликовано: 27 июл 2024
  • 🔐 PROTECT YOUR CRYPTOCURRENCY WITH LEDGER NANO X/S 🔐
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    Ledger passphrase support page: support.ledger.com/hc/en-us/a...
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Комментарии • 279

  • @CryptoDad
    @CryptoDad  4 года назад +30

    Choose Your Passphrase carefully. The one in the video is just an example (of course!)

    • @paulb2635
      @paulb2635 4 года назад +3

      Rex can you do a video on how to split your BSV from your BCH before the fork of the two? I have some BCH that I need to split which was bought before the BCH/BSV fork. Procedure sounds complicated. Thanks for your help.

    • @user-eu2vj8ry6x
      @user-eu2vj8ry6x 4 года назад +4

      There is a correction in the cryptocurrency market, and PRIZM is no exception. Will it go lower or stop at these marks. The difference between the PRIZM coin and everything else on the Internet is its paramining technology. What is it ?: you buy coins, they are credited to your balance in your personal wallet, and their number increases every day in accordance with the paramining technology.

    • @user-sb3dh1rm5k
      @user-sb3dh1rm5k 4 года назад +4

      Hi! Now the PRIZM coin is trending!

    • @user-vt2bb9uz2v
      @user-vt2bb9uz2v 4 года назад +4

      Consider a coin prizm confident growth in both quantity and quality + serious advanced technology without unnecessary troubles + huge amount
      goods and services for prizm, I've been selling honey for prizm for 2 years
      , profitable and simple))

    • @user-hj9nq1pn3q
      @user-hj9nq1pn3q 4 года назад +3

      While watching PRIZM simply, reliably, profitably

  • @jaymartinez8231
    @jaymartinez8231 3 года назад +23

    @Rex, could you please make a video showing how to restore a pass-phrase protected account after deleting it?

  • @DIYCrypto
    @DIYCrypto 4 года назад +16

    You literally have answered every question I ever have. Thank you for doing what you do.

    • @kebekbutcher
      @kebekbutcher 3 года назад

      He also answered my question about the purpose of life, I mean the fundamental purpose about all living creatures... I am still looking for it, but no matter what I also want to make money with cryptocurrencies in a safe way! lol

  • @PG-gx9sx
    @PG-gx9sx 3 года назад +4

    You need to change the name of the channel to Laymans guide to Crypto. Your ability to break down technical concepts and explain them in everyday language is remarkable. I salute you sir.

  • @ChartsCantLie
    @ChartsCantLie 2 года назад +1

    Wonderful!!! Very thorough and much appreciated 🙏

  • @michaelm9874
    @michaelm9874 3 года назад +4

    So glad you got resurrected on YT. This video is truly excellent. No where else could I find the instructions for deleting the passphrase protected accounts and the reassurance that they were easily reloaded. Thanks.

  • @petera6191
    @petera6191 4 года назад +2

    Rex,, Great Video... I have just, learnt something new again..!

  • @jordanz4264
    @jordanz4264 3 года назад

    Extremely valuable information thank you so much

  • @bitcapone3173
    @bitcapone3173 7 месяцев назад

    Thank you for this excellent video 😊

  • @ebukaajagu7417
    @ebukaajagu7417 Год назад

    Just wow! Wild video my eyes just opened again😂🙌🏽🙌🏽

  • @joebest-rotheray493
    @joebest-rotheray493 3 года назад

    Great video, thanks mate

  • @BR-jk4si
    @BR-jk4si 3 года назад

    Thank you def subscribing now

  • @RaulSouza12w
    @RaulSouza12w Год назад

    Great teacher, thanks!

  • @DucLu524
    @DucLu524 Год назад

    Thanks for your sharing!

  • @suddonlee4326
    @suddonlee4326 2 года назад

    Cheers much appreciated! 🍻

  • @salomonj.9303
    @salomonj.9303 2 года назад

    Very usefu, must use it, thanks!

  • @tvid26
    @tvid26 3 года назад

    great job with this one

  • @paul3049
    @paul3049 2 года назад

    Thank you so much for making this vid! The documentation from Ledger doesn't explain how to use these accounts in Ledger Live at all and it's not at all obvious for someone who's new to using these HW wallets.

  • @Yo_soy_111
    @Yo_soy_111 3 года назад

    Great video

  • @KenShoufer
    @KenShoufer 4 года назад +2

    I find that the passphrase implementation on the Trezor is more secure and convenient in combination with the Exodus wallet.

  • @CoffeeTimewithCindy
    @CoffeeTimewithCindy 2 года назад

    Thank you soooooooooooooooooooooo much!!!!!

  • @Tronzie
    @Tronzie 4 года назад +5

    Excellent video, very clear... thank you Rex!

    • @user-rs2vl5if5b
      @user-rs2vl5if5b 4 года назад +4

      Learn more about PRIZM cryptocurrency, it is in trend today

    • @vasiliimaruschenko8387
      @vasiliimaruschenko8387 4 года назад +3

      Now in the world of cryptocurrencies, there are many new technologies! But PRIZM cryptocurrency is the best. And its paramining technology, which generates passive income every second, is fully automatic! Its price rises, and the coins in the wallet increase!

    • @user-wr9kg9vd6e
      @user-wr9kg9vd6e 4 года назад +4

      There are cryptocurrencies that are already working on POS (proof of stake) technology. One of these coins is Prizm (PZM). You simply store coins in your secure wallet and for this you get additional coins constantly, starting from 1 coin. And you can also get an increase in% per month, due to the amount of coins in the wallets that helped activate.

    • @andreybolohonov562
      @andreybolohonov562 4 года назад +2

      A very important video topic. The PRIZM coin also has a passphrase. It is important that no one else knows it except the owner of the wallet.

    • @user-pz9lg9mj5i
      @user-pz9lg9mj5i 4 года назад +1

      Pay the attention to the coin Prizm (PZM). Only the PARAMING technology, created specifically for Prizm (PZM) and the use of modern eco-crypto-smart POS. PRIZM is the best cryptocurrency.

  • @bravoxray1280
    @bravoxray1280 4 года назад +8

    I’m more and more convinced that most of today’s crypto currency, like old baseball cards in an attic, will simply end up lost - but forever.

    • @YOYO-qe1uy
      @YOYO-qe1uy 4 года назад +1

      That has been the trend for the past 10 years but in the early days it was hundreds and thousands of bitcoin. So that true about now and into the future making it even more the most scarcest assist

  • @dev77799
    @dev77799 Год назад

    excellent video. you should show the follow up step to show that balance again using passphrase. appreciate it ser

  • @stickycrypto589
    @stickycrypto589 3 года назад

    Thanx🚀🌜

  • @carl7856
    @carl7856 2 года назад

    Ugh I wish the pass phrase would be linked to the initial account instead of having to send it all over. But you did show how to do it and it does seem actually simple. Just more steps and sending :(
    Thank you. Your channel helped set up all my wallets lol

  • @fontanacorporation2053
    @fontanacorporation2053 9 месяцев назад

    Thank you papa for your clear and detail explanation to face againts $ 1 wrench robbery attack

  • @mrt1364
    @mrt1364 4 года назад

    Top information. thanks

    • @user-xb9cq2ig2p
      @user-xb9cq2ig2p 4 года назад +3

      I make money online. I’ve been doing this for a long time. Today I make money using PRIZM coins.
      Paraming reaches 30% per month and the advice from the video is very useful to me.

    • @user-fz2zp3tc6d
      @user-fz2zp3tc6d 4 года назад +1

      The best option for investment in 2020 is the PRIZM cryptocurrency. This is the best passive income.

  • @Chiro_ASMR
    @Chiro_ASMR 2 года назад

    Such a complicated process. But good explanation

  • @SmartPracticeSuccess
    @SmartPracticeSuccess 3 года назад +11

    I’m new to crypto and just found your channel. Your videos have been so helpfu! However, I’m really confused about something:
    1. I set up my Ledger Nano X with a PIN, a secondary PIN and a passphrase attached to the secondary PIN.
    2. I sent a small a small amount of crypto to the first wallet but left the passphrase wallet empty while I tested everything.
    3. I downloaded Ledger Live and added both accounts there successfully.
    4. I did a recovery check on my Ledger Nano X and everything checked out.
    5. I deliberately erased and reset the Nano X by entering the PIN wrong 3 times to make sure I could successfully restore it, including the second passphrase wallet.
    So far, so good. BUT...
    6. When I added the accounts back in Ledger Live after restoring with the Nano X with my 24-word seed phrase, it automatically added back the second passphrase wallet (empty) along with the primary wallet! I didn’t have to enter the passphrase at all (that I recall).
    The passphrase wallet is where I want to send the majority of my crypto, but what is the point of having a passphrase if that wallet can be accessed with just the primary PIN and no passphrase??
    So glad I tested it before sending any significant amount of crypto there!
    Maybe I’m missing something or skipped something, but I’m very confused.
    Why is the second wallet accessible without the passphrase in Ledger Live? It completely negates the point of having a passphrase in the first place.
    What am I missing? I must be doing something wrong but I have no idea what.

    • @MrOrdep79
      @MrOrdep79 2 года назад +1

      up

    • @ChartsCantLie
      @ChartsCantLie 2 года назад +1

      @michelle did you get this figured out? It's so funny to see you here! It was your comment on twitter a couple days ago that sent me down the rabbit hole of figuring this out!!! Other than this video, what resources did you use to figure it out? Thanks in advance ☺️

    • @CanInelli
      @CanInelli Год назад

      Anyone has the answers to this?

    • @BoostBizOnline
      @BoostBizOnline Год назад +1

      @@ChartsCantLie Not sure what I did initially but this does work as described in this video. (Ledger Live does NOT restore wallets attached to the passphrase without me inputting the passphrase.) I’ve been able to create multiple wallets on my Ledger either attached to a passphrase or not. I can wipe the Ledger entirely and restore all wallets using the instructions from Ledger. Just follow Ledger’s instructions. Hope that helps!

    • @BoostBizOnline
      @BoostBizOnline Год назад

      @@CanInelli Not sure what I did initially but this does work as described in this video. (Ledger Live does NOT restore wallets attached to the passphrase without me inputting the passphrase.) I’ve been able to create multiple wallets on my Ledger either attached to a passphrase or not. I can wipe the Ledger entirely and restore all wallets using the instructions from Ledger. Just follow Ledger’s instructions. Hope that helps!

  • @laquinceanera
    @laquinceanera Год назад

    Maestro!

  • @patot8764
    @patot8764 3 года назад +1

    @Rex Kneisley, isn't it possible to hide the accounts in the ledger live application so that they are not shown? Otherwise, its not useful to prevent the 5$ spanner atack if someone gets to see all the accounts in the app!

  • @alid668
    @alid668 3 года назад +8

    How do you access the pass phrase account on your ledger ?

    • @HtPt
      @HtPt 3 года назад +1

      I think he forgot to add the New PIN code for the Temporary PP. Ledger can only have 2 PIN codes. so easy , enter the New PP Pincode , then enter your TEMP. Pass phrase . as far as i read in their website , you can make as many Pass phrases as you wish with the Second PIN you created . then Ledger live will make Accounts associated with that key your Temp. PP made when you add acc in Ledger LIve ., (You need the 2 PIN set up ) . I am learning too . TO THE MOON ... 🌚 🌝 🌕 PS: not good edea use the Ledger Live pin or the Main ledger ledger pin .

  • @karimalchatti2127
    @karimalchatti2127 3 года назад +1

    Thanks for a very informative video.How can you scan and get the Bitcoin PP account you got rid of back on the list visible again?

  • @martinhosambiase2861
    @martinhosambiase2861 3 года назад +2

    Hi. Would you know if it is only possible to recover the secret account using another Ledger Nano S or would it be possible using a BIP39 software?

  • @sibral8413
    @sibral8413 2 года назад

    Hi! Does the passphrase have to contain words only in English or can it be in other languages as well? It is the same for Trezor? Thanks

  • @jerrydubonnet5973
    @jerrydubonnet5973 4 года назад +5

    thx dad 👍🏻

    • @klarkrobins6990
      @klarkrobins6990 4 года назад +2

      The message is excellent, the cryptocurrency is in the subject, I have been using PRIZM for 2 years and everything suits me

    • @dvckthug708
      @dvckthug708 4 года назад

      hi friend, do not want to try PRIZM, wonderful currency with good paramining, join us! What is the structure of a paravoz worth, in general, everything is convenient

    • @user-rl6or8ro8x
      @user-rl6or8ro8x 4 года назад

      She's popular right now / And I'm investing in a PRIZM coin

  • @kierans4563
    @kierans4563 Год назад

    Great video, 1 question I have is, what if you lose your ledger or it is damaged. You can still retrieve as per normal process on new ledger?

  • @HtPt
    @HtPt 3 года назад +3

    REX you forgot to set the 2 PIN associated to the Passphrase .. look at the comments below . , everyone is wondering including me , but i figured it out . Nice Video Presentation thou . you have my like 👍 . and a 9 out of 10.🌚🤑🤑 to the MOON PLEASE>

  • @carl9826
    @carl9826 4 года назад

    Hello Rex, amazing information!! Thank you so much for all that you teach us. Your an amazing person.
    I have question. Is it possible to change your seed phrase if you fear it might of been compromised?
    Thanks again for all that you do for us!🙏👏👍

    • @HtPt
      @HtPt 3 года назад +1

      Reset the device . new seed 24 then new 25 PP. send your crypto to other Wallet , then back to new Ledger wallet and make a new 25 PP. i think if you serious investor we need more than 1 . cheers .

  • @cryptopatrick8450
    @cryptopatrick8450 4 года назад

    Is a single word strong enough or should it be random letters, numbers and symbols or multiple words?

  • @zoeyrios986
    @zoeyrios986 3 года назад

    Hi!
    If I already have setup a ledger x , but did not use a passphrase, and after storing crypto, can I still setup a passphrase now? If I setup now, will I lose the money already stored, will anything change in the wallet programming? I would appreciate your help. Thank you!

  • @ballballsoo
    @ballballsoo 3 года назад

    Is this ok if you have been using the device already with crypto in there or does it somehow bury or lose that existing crypto when you make new keys? i.e. does this step need to be done before receiving your first crypto?

  • @mathho13
    @mathho13 2 года назад

    and how do you access this account with the (25th word) passphrase? if you want to sell or send to an exchange?

  • @SteveJobs_
    @SteveJobs_ 2 года назад

    What are ‘attach to Pin and Temporary’? What are the functions? I can’t find the menu now in my Ledger X.

  • @Nuages21
    @Nuages21 3 года назад +3

    thanks for the video, but I don't understand something, When you log on the PP PIN, when they will ask you for the 25 work Fireplace ?

    • @HtPt
      @HtPt 3 года назад

      You need to make New Pin code to access Temporary PP.

  • @cryptonuby811
    @cryptonuby811 2 года назад

    Hi, How would you connect this passphraae protected account on ledger live mobile?

  • @benjaminknotts745
    @benjaminknotts745 3 года назад

    Would this work to reclaim my staked harmony one tokens if my recovery phrase is compromised?

  • @kodezhath
    @kodezhath 4 года назад

    Nice video. How many passphrase accounts I can create under the same ledger nano x device. For example, can I create 3 Bitcoin accounts in a single ledger nano x device?

  • @-zerocool-
    @-zerocool- Год назад

    You say its highly complex, but id say setting up a gnosis safe is way more complex, this is just adding another word onto the 24 word seed

  • @stevolanddownunder8935
    @stevolanddownunder8935 2 года назад

    Hi crypto dad just wondering what the difference is between the " Attach to Pin" and the "Set Temporary" configurations are ? and also if i delete an acc from view how do i rescan accounts to make it re-appear? cheers Steve

  • @Revevansonline
    @Revevansonline 4 года назад

    Please do same video on keepkey

  • @markusmaier2277
    @markusmaier2277 4 года назад +1

    Hi Rex! Could you please do a video on dusting attacks? Thanks!!

    • @user-mw1hz4ky3o
      @user-mw1hz4ky3o 4 года назад +3

      I suggest considering a simple passive income with PRIZM cryptocurrency! If you buy 100 coins, your monthly income will be 0.18%. This is very profitable!

    • @user-oi5ek6ve7x
      @user-oi5ek6ve7x 4 года назад +4

      Hey. Do you want to have a constant passive income? Pay attention to the Prizm cryptocurrency and you will constantly receive new coins, depending on your wallet balance.

  • @michaellefevers2168
    @michaellefevers2168 4 года назад +1

    Please help? If you move your Eth from 24 pass phase to the 25 word pass phrase ...does the ERC 20 tokens attached to that, go with that move? Or is that separate?

  • @pamelajackson6937
    @pamelajackson6937 Год назад

    What address am I using to send funds to the passphrase account. I don't see that part in the video!! Thank you!

  • @omarc9943
    @omarc9943 3 года назад +2

    I need help I want to add a passphrase account but your video doesn’t show how to log into the passphrase account after it’s set up.? Do I just put in my regular pin then go to settings and find passphrase login?

    • @osser3
      @osser3 3 года назад

      Wondering the same thing

  • @wizardkoer782
    @wizardkoer782 2 года назад

    17:50 why are the amount and fees different compared to your ledger live?

  • @seamuswarren
    @seamuswarren 2 года назад

    Any way to accumulate satoshies by linking to my energy usage, internet browsing and social media viewing patterns or financial transactions?

  • @herecomesace5936
    @herecomesace5936 3 года назад

    Thanks for this very thorough walk-thru. I have a Nano X and just bought a Nano S to use as a 'back-up' device. Should I go ahead and create a passphrase on my Nano X prior to setting up the Nano S as a back-up device? If I create a passphrase on the X will that transfer over to the S? Or will I need to set it up again on the S? Thanks for your tutorial!

  • @andrianperdana
    @andrianperdana 17 дней назад

    Can i recover my 12/24 seed phrase with passphare with other hw wallet that suport passphrase, for example trezor or safepal?

  • @waltd888
    @waltd888 3 года назад +1

    If I decide to restore this wallet (w/ the pass phrase) into another device or hot wallet, do you also need the pass phrase to access the wallet?

    • @HtPt
      @HtPt 3 года назад

      ruclips.net/video/D3xIsdtmgck/видео.html

  • @MrDaveo3
    @MrDaveo3 16 дней назад

    i updated my firmware and need to locate my passphrase coins. Can you help?

  • @dev77799
    @dev77799 Год назад

    what about other option passphrase with pin? instead of set temporary?

  • @westerndecline8732
    @westerndecline8732 2 года назад

    How do you add the PP to a current account?

  • @dr.luthersan3064
    @dr.luthersan3064 3 года назад

    Well that was as clear as mud

  • @PEREXUSREX
    @PEREXUSREX 4 года назад

    To clarify once you set up your secret accounts they can be deleted so they do not show in your regular account - then when you access your secret account they deleted account will be regenerated or must they be added again with the manager?

    • @CryptoDad
      @CryptoDad  4 года назад

      Precisely. It is very easy to add and remove accounts in Ledger Live.

  • @Amber-qg4hh
    @Amber-qg4hh 2 года назад

    please ask, how can you collect coins from the ledger again?

  • @jolafrite6333
    @jolafrite6333 2 года назад

    Thanks a lot, the only thing missing is how do you "scan for accounts" as you said at 19,56s to regenerate the supressed secret account?

    • @14lou
      @14lou Год назад

      You have to choose which apps to add to reveal those assets.

  • @daututheoxuhuong
    @daututheoxuhuong Год назад

  • @stevolanddownunder3549
    @stevolanddownunder3549 2 года назад

    How do you rescan for the accounts if you delete them from sight. Do you just tap on the add account tab and select the relevant currency?

  • @satnamsandhu5685
    @satnamsandhu5685 3 года назад +2

    you have to move all your funds? isn't there an easy way? so you can set a pass phrase on the base account?

    • @dreampsi2
      @dreampsi2 2 года назад +1

      you do not have to move all your funds, you can move whatever you like. yes you can set a passphrase on the base account as well but you are missing the point. This is to add a SECOND account that is basically hidden in case someone puts a gun to your head and demands your ledger seed phrase. So for example, you have a base account with .01 BTC in it but your second secret passphrase account has your 10 BTC in it! If someone steals it and demands the 24 seed words, you give it to them. They access the account and take the .01 BTC and your 10 BTC is safe and all you have to do is get another Ledger but you'll still need to have hidden another copy of the 24 seed phrase words + input your passphrase again and you have access to the 10 BTC.

  • @jpp59
    @jpp59 4 года назад +2

    Attach to pin is very useful, you enter the passphrase only 1 time and attach to a different pin code. The 24 word without passphrase can be used as a duress / fake wallet. If someone ask you the pin code under stress, you can give the pin code that unlock the fake account..

    • @__-zt2yw
      @__-zt2yw 4 года назад +5

      Know that there is PRIZM cryptocurrency, if you need instant transfers, anonymity and safe storage of assets, I advise it.

    • @user-zg6ob7gv4x
      @user-zg6ob7gv4x 4 года назад +3

      Just buy some PRIZM coins and experience the joy of ParaMining! Time does not stand still, and traditional mining is a thing of the past, as a non-ecological and expensive way to mine coins. This coin will soon enter the top 10 cryptocurrencies of the world!

    • @alinadenisova9277
      @alinadenisova9277 4 года назад +3

      See the PRISM currency. The PRISM coin is primarily a payment system. Convenient and economical exchange system. I advise her all!

  • @pachmann4869
    @pachmann4869 3 года назад +2

    Thank you for this.
    Question: if you are forced to open your ledger live, won't an attacker be able to see all your regular account's transactions and won't they display the movement of the bulk of your funds somewhere else (in this case, the passphrase account)?

    • @HtPt
      @HtPt 3 года назад

      You can deleted it ., but if you are at gunpoint i don't foresee a good outcome .

    • @Gent003
      @Gent003 3 года назад +1

      Yes but they wouldn’t know that you own the account you sent funds too

    • @HtPt
      @HtPt 3 года назад +1

      @@Gent003 if they have you at gun point , you have bigger problems.

    • @Gent003
      @Gent003 3 года назад

      @@HtPt 🙄if they have you at gunpoint for your password. this is how you "give it to them"

  • @HULKS_COUCH
    @HULKS_COUCH Год назад

    Rex if my old nano S died I have a new nano X can I get my passphrase account back on my new device? On new X I recover from my seed then what do I do to get back into my passphrase account ? Just set it back up with the same phrase I created?

  • @Apple-gq9ki
    @Apple-gq9ki 2 года назад

    this is rather urgent I cannot go through all your videos and listen to them so I'm going to ask you do you have a video that shows us on a leedger live account that already has a passphrase and this is set into your nano ledgex how can you change the passphrase on the account so that nobody can access it except you is the only way to do this by adding a secret phrase or do you have to transfer the money into a new wallet what it is is somebody else has access to my account and I'd like to change the passphrase and this is all new to me is it possible to change the account passphrase? Or is there still a risk the original passphrase can break. I prefer not to switch account locations but just change passphrase so other person cannot break in

  • @binieri-cm5vp
    @binieri-cm5vp 11 месяцев назад

    How about when you want to withdraw some crypto do I need to be asked for my passphrase?

    • @CryptoDad
      @CryptoDad  11 месяцев назад

      You will need to enter your passphrase every time you want to access the crypto accounts protected by the passphrase. This video is more recent. It may make it more clear how you manage Crypto behind a passphrase: ruclips.net/video/IwBwv-a3Yx8/видео.html

  • @paulr.8365
    @paulr.8365 3 года назад +2

    Very good video. A question/confirmation: is it possible to use a wallet created with 24 words + the passphrase with Coins unsupported by Ledger Live? For Instance Cardano ADA?

    • @paulr.8365
      @paulr.8365 3 года назад

      @CSI by Ledger "live" I said... Anyway problem solved long time ago. Thanks anyway

    • @paulr.8365
      @paulr.8365 2 года назад

      @Kadu basically a passphrase is an extra password on top of the 24 words which gives access to a completely different wallet. Once one access it this secondary wallet he can use it in the exact way as the main one, hence, the same method to access a coin not supported by ledger live applies in the exact way for both wallets. The good thing about having a secondary wallet is that it is basically stealth and if someone god forbid finds your 24 words he/she won't still be able to access the secondary wallet (unless one write the passphrase right after the 24 words because he/she is afraid to forget it).

    • @paulr.8365
      @paulr.8365 2 года назад

      @@kadu9872 setup the Ledger with 24 words and get acquainted. Then you create a second wallet with the passphrase.(You may create as many wallets as you want by using different passphrases). This second wallet can be accessed with the addition of a pin code. Store the majority of your assets into the secondary wallet but never write down anywhere the passphrase. You must remember it or you must store it somewhere far from the 24 words... They can never be together otherwise you are better off by using only the primary wallet.

    • @paulr.8365
      @paulr.8365 2 года назад

      @Kadu get acquainted first. Use the regular waller to receive and send Coin with the ledger live and with others procedures based on the specific coin currently unsupported by ledger live. Then create the second wallet and try to send just a few Coins in between the two wallets ( same methods applies). Remember that you are adding another layer of security which brings though more complexity not to underestimate. Another way to be more secure without using the 25th word (pin) would be the following: you setup two identical wallets but into two different ledger nano. One to be used daily and one as a backup. The backup you put it into a super safe location like in a safe deposit bax. No matter where you decide to keep the backup it can never stay in the proximity of the other ledger because let's say someone robs your home or there is a fire both they would be gone for good. Once you have done that you may burn the 24 words. In case of necessity in the future you may recover from one of the two ledgers the 24 words ( an app to be installed into the ledger from leader live). Take care.

    • @kadu9872
      @kadu9872 2 года назад

      @@paulr.8365 so much thanks for the tips, like i live in brazil, its so much money to buy one ledger, so i cant buy two now but that is a great idea, the thing of start using the second wallet that has a passphrase already from the beggining is cause the tax of sendind from one to another its a lot, cause 1 dollar its 6 BRL, but i think i will do that, when i setup the ledger, i will see the 24 words without connect on computer? cause its generate offline right? or i need to install the app, and then connect ledger and start setup the 24 words, passphrase, metamask and all that kind of things, and on metamask its better i create another one just for ledger right? sorry for so many ask, im so dumb and you are helping me a lot

  • @1187209
    @1187209 2 года назад

    So do both the original account (seed phrase) and the new account (seed phrase + passphrase) have separate PINs, so the accessible wallet depends upon which PIN is entered?

    • @14lou
      @14lou Год назад +1

      The passphrase can be associated with a second PIN, which makes it easy to access those accounts. However, the example given here used the temporary passphrase option.

  • @kofio7581
    @kofio7581 3 года назад +5

    When you setup a new device, can you not set it up with a passphrase right off the bat? This way you don't have 2 configurations on one device.

  • @HtPt
    @HtPt 3 года назад +2

    The extra security is so good that will even keep the COINS out of YOUR REACH as well...🙉🙉🙉💵💵💵

  • @leandrosoares26
    @leandrosoares26 4 года назад

    Hi! Can you do the same for the Trezor T?

    • @w4lsh
      @w4lsh 4 года назад

      Yes, Trezor actually supported passphrase(s) before Ledger, i think their version is a bit more elegant than Ledger's approach but overall they both work well.

  • @Dave_D.
    @Dave_D. 4 года назад +4

    Fireplace or firelace? Hopefully you don't 'mis-remember' it.

    • @CryptoDad
      @CryptoDad  4 года назад +6

      nice catch. I did forget the p! I moved the bitcoin out after the video, so I won't need the passphrase again. but could have been catastrophic!

  • @spalace7919
    @spalace7919 Год назад

    Is there a chance you can make an updated 2022 video on how to do this using Nano X from start to finish?

    • @14lou
      @14lou Год назад

      There's no real difference

  • @Apple-gq9ki
    @Apple-gq9ki 2 года назад

    Nobody has a clear video up of how do you protect your passphrase and able to change it if somebody steals it and gets it and within a week they may access the money and transfer it how do I prevent them from breaking into my passphrase an account do I change the past phrase or do I add a secret passphrase this is what I need to know I need to make my account secure as possible and I don't know how to do this- We all talk about people breaking into our accounts and taking our money but if somebody gets a passphrase how do we prevent them from taking it without having to change your account can you please explain this is a security issue it's rather urgent

  • @JohnLeonardCastigo
    @JohnLeonardCastigo 3 года назад

    if you reset your ledger the third or the fourth time. is it mandatory to choose/pick the same pin during the 1st time you set your pin to the passphrase?

    • @CryptoDad
      @CryptoDad  3 года назад +1

      john leonard Castigo, No you can choose a different pin each time or the same pin every time. It doesn’t matter. Unless you’re talking about the passphrase that is attached to a pin. I’m not sure how that works after a restore. But I’m pretty sure once you’ve done the restore and accessed the passphrase, you can attach a different pin if you want to.

    • @HtPt
      @HtPt 3 года назад

      Does not matter , reste Ledger is like Factory reset .

  • @SmartPracticeSuccess
    @SmartPracticeSuccess 3 года назад

    Thanks for the walk-through! Is there any way to delete the passphrase wallet from the Ledger Nano X device, not just from Ledger Live? I created one as a test and would like to delete it entirely. Or at least change that wallet's particular passphrase -- without creating a new wallet or passphrase?

    • @CryptoDad
      @CryptoDad  3 года назад +4

      If there are no funds, then just don't use it again. If you have funds in the passphrase protected accounts, just withdraw all of them. However, there will always be empty wallets with transaction history associated with that passphrase. The blockchain is permanent.

    • @SmartPracticeSuccess
      @SmartPracticeSuccess 3 года назад

      Thanks so much!

    • @chasehowards5472
      @chasehowards5472 Год назад

      @@CryptoDad Hey if anyone can help me out I reached out to ledger support. I reset my ledger x just before I set a passphase because it had a bug battery cannot charge so they sent me to a website to validate my device. That didn’t work when I put in my recovery phrase so I reset my ledge on device and when I used recovery phrase everything came back but 99 percent of my crypto and xrp disappeared and left with a little like 10 xrp. I reset it again and the value went down even more 🤦‍♂️ I updated the firmware and everything too. I can see In the transactions it was sent and received but not to this device or ledger live. I can’t even see if it’s in a passphase and not on original recov phrase accounts. I’m probably screwed.

  • @nimnimlight
    @nimnimlight 2 года назад

    That was good. I'm not sure why its called a temporary passphrase though. And how about the attach to pin option?

    • @14lou
      @14lou Год назад

      The Temporary option requires you to enter that additional passphrase every time you want to access that set of accounts, while the attach to second PIN option makes that unnecessary UNLESS you are performing a full recovery of your wallet.

  • @sylvianederlander2317
    @sylvianederlander2317 3 года назад +1

    Rex, question: I understand that having a passphrase makes it harder for someone who gets your 24 words to get into your wallet. But my question is, can a hacker with a lot of computer power try to hack into random wallets by trying all possible combinations of the seed words? (Eg what stops a guy from getting a trezor and entering random seed words?) That would make having a passcode a lot more important!

    • @doublepownage7571
      @doublepownage7571 3 года назад

      Think he still need the pincode to be able to send? I think

  • @jakethesnake2024
    @jakethesnake2024 3 года назад

    is this a safe alternative to wiping/resetting a ledger? I am just paranoid about the possibility that my device could have been messed with prior to being delivered and in my hands.

    • @jakethesnake2024
      @jakethesnake2024 3 года назад

      And also, why not use the "connect passphrase to pin" feature? How is the temporary passphrase different? Or rather, why would you want a temporary passphrase for a permanent, and hidden account.

  • @Crypto_Don_Juan
    @Crypto_Don_Juan 4 года назад +1

    💥🔥👑🤑🥂💰😎🚀🤘

  • @LulEren
    @LulEren 2 года назад

    What would "attach to pin" do as a difference to "set temporary"?

    • @14lou
      @14lou Год назад

      Attached the passphrase to a second PIN makes it easier to access those accounts. You can only have two PINS, but any number of passphrases

  • @PG-gx9sx
    @PG-gx9sx 3 года назад

    Just one question Rex, why did you choose 'Set temporary' as opposed to 'Attach to pin'?

    • @51give
      @51give 3 года назад

      what is the answer to your question? 'Set temporary' as opposed to 'Attach to pin' ?

    • @freedaemon1458
      @freedaemon1458 3 года назад

      Read the doc on ledger site...

  • @judgesangha2557
    @judgesangha2557 2 года назад

    Hi CryptoDad, please would u try help me. I’m trying to transfer some XRP from my 25th passphrase account back to normal account. Is this possible as it is not allowing me and keeps giving me a error message telling to check my passphrase associated to that account os correct when it is. I am able to log into the 25th passphrase with my ledger but not allowing to transfer. Am missing missing out on doing something? Thank you

    • @14lou
      @14lou Год назад

      You most likely using the wrong passphrase. Ledger cannot tell you if you enter the wrong passphrase at the time you enter it, but you'll get the error you describe when you try to make a transaction. The passphrase is case-sensitive.

  • @Daveed2929
    @Daveed2929 2 месяца назад

    If you dont delete the accounts from your secret passphrase account, could someone else still see it if they access your base ledger passphrase? Like can somebody else still see your secret passphrase account just by logging in with your regular base passphrase? And if they can, assume they cant move tokens around if they dont have your second passphrase even though they may see your accounts from second passphrase

    • @CryptoDad
      @CryptoDad  2 месяца назад

      No, no, no and no. If people could just randomly stumble onto Bitcoin wallets it wouldn't be very secure now, would it?

  • @enemroy
    @enemroy 3 года назад

    What if you have setup the passphrase on nano ledger x and forget it or just want to change it. Are you able to go in and change it without resetting the device? Would you have to remember what the current passphrase was in order to change?

    • @HtPt
      @HtPt 3 года назад

      ruclips.net/video/D3xIsdtmgck/видео.html

    • @HtPt
      @HtPt 3 года назад +1

      you need your 24 BIP39 + 25 PP. if you reset the Nano x and dont have this , your Money is lost . Is why the 24+ 25 words and PP is needed to regain access to your Crypto in the Blockchain . (You get back the Private key to access the accounts in the blockchain). is like a Savings Account Bank Book, but in Bank case they will issue a new Account Bank Book to access your money . hope this helped , i am new too.

  • @ytbeLaw
    @ytbeLaw 3 года назад +3

    How do you regain access to the passphrase protected account?

    • @richinfeels
      @richinfeels 3 года назад

      Have the same question!

    • @ballista7367
      @ballista7367 3 года назад +2

      So in the ledger device settings there's a passphrase you can enter to access any additional wallets

    • @HtPt
      @HtPt 3 года назад

      @@ballista7367 I think ( wallet ) is a misinterpret term, is actually a KEY ( Private key ) then ledger live find ( download apps BTC ETH Etc) .the accounts associated with that key . New Private key , many accounts .

    • @HtPt
      @HtPt 3 года назад

      Make a New Pin before store the Temporary PP. then access all the Temp. PP with that Second PIN. you can make as many Temp. PP as you wish , as long as you use the 2nd pin .

  • @gregspahr641
    @gregspahr641 Год назад

    A crypto exchange says i will need to "synchronize" my wallet to transfer my crypto currency funds out of my account on their exchange. If I set up two (2) different Ethereum accounts on my Nano X, are BOTH accounts on my Nano X vulnerable if their synchronizing process into my Nano X is fraudulent...? Do you suggest I set up the "hidden" Passphrase on my 2nd Ethereum account on my Nano X for added protection? Thank you!

    • @14lou
      @14lou Год назад

      Exchanges I know create a "wallet" on their system into which you choose the coins you want to move from your Nano X wallet accounts. I've not heard the term "synchronizing" to achieve this, so I'd be wary of such a procedure without fully understanding what this entails and why.

  • @alexanderboyd7925
    @alexanderboyd7925 3 года назад

    Hi dad just a question: I think the passphrase is a good idea. My main concern is the risk of my 24-word seed being compromised. If I opt for 'set temporary passphrase' then how do obtain future access to this account? Once I disconnect the Ledger it reverts back to the old configuration. How do I flick between the different configurations ?

    • @alid668
      @alid668 3 года назад

      Same question here

    • @alid668
      @alid668 3 года назад

      He basically fucked us but not showing how to get back in

    • @HtPt
      @HtPt 3 года назад +1

      Set up the 2 PIN . You need the 2PIN associated with the PP. Settings = Security = Attach to PIN = Set Temporary >hope helped

  • @franciscopico
    @franciscopico 2 года назад

    Thanks your videos they are very useful. I would like to know what happens after restoring a Ledger Nano from a recovery seed phrase, how do I know which accounts have funds that are associated to the seed phrase or Ledger device. Eg. How do I know if I have for example funds on DOGE, or Tron or SOL, etc. without guessing and installing accounts to the Ledger just to check if they have funds. thank you in advance,

    • @14lou
      @14lou Год назад

      To my understanding, if you have removed those accounts from Ledger Live, then yes, you'd need to install the coin app in order to reveal those coins in your portfolio that are associated with that set of accounts (seed phrase, and passphrase, if used)

  • @Apple-gq9ki
    @Apple-gq9ki 2 года назад

    Basically how to change passphrase with already existing passphrase on Ledger device on ledger live for protecting the account. Someone got my passphrase so I need to work fast to protect it. I sm not that experienced but its rather important to find out so i must know what to do or put security phrase which I have never done. I just inherited and I am afraid of theft having little experience.