Is Your Crypto SAFE!? Here's How To Self Custody It NOW!!
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- Опубликовано: 15 июл 2024
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📺 Useful Vids 📺
Best Hardware Wallets 👉 • Top 5 BEST Hardware Wa...
Setting up Your Trezor 👉 • SAFEST WAY To Store Yo...
MetaMask Guide 👉 • Metamask: Step-by-Step...
Phantom Guide 👉 • Phantom Wallet: Beginn...
Crypto Custody 👉 • Crypto Custody: Wallet...
Crypto Security Tips 👉 • TOP Crypto Security TI...
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⛓️ 🔗 Useful Links 🔗 ⛓️
Phishing MetaMask: cointelegraph.com/news/blockc...
Extortion For Crypto: www.theguardian.com/uk-news/2...
Electrum Fake Software: www.coindesk.com/policy/2022/...
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- TIMESTAMPS -
0:00 Intro
0:32 Self Custody Explained
3:57 Desktop Wallets
8:43 Browser Wallet
11:09 Mobile Wallets
15:03 Hardware Wallets
20:42 Final Thoughts
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📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
#Bitcoin #BTC #FTX #Crypto
There is nothing that beats holding your own keys. That's why self-custody should be the most important step for anyone entering the crypto space. I hope this video was helpful for you guys! 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 our clips channel which has livestreams and shorter form content ruclips.net/channel/UCR93yACeNzxMSk6Y1cHM2pw
Any thoughts on MUUN wallet? Is it safe?
Use trust wallet .. more perfect okay
The "S" sound when you speak is too high, you may need something on the mic to absorb that or edit that ruclips.net/video/Tx4tpAsM70A/видео.html
Can exodus wallets download in Mac ? I tried it doesn’t work
Regarding seed phrase security, or that of any other database of secret info, the best practice is encryption and redundant DISTRIBUTED backups, both locally and cloud, the more the better. After all, only you have the encryption key to see them. My favourite is KeePassXC.
My crypto is safely locked away in Voyager. They are so secure that even I can’t get it out. 👍
You can’t get it when you want it?
@@michaeljaycain912 You missed the joke 😂 Voyager went bankrupt and restricted all fund withdrawals
😂
Very unselfish and kind tutorial. Thanx. You've alleviated some major concerns.
This was a much needed video, very well detailed explanation thank you Guy. Bless you 🙌🏻
Thabk you for the brilliant content as always Guy. You are helping so many people around the world. Kudos
Thank you for all this information!! I plan to get one of these.
Always look forward to your videos.
Definitely the best advice for all crypto users.
Keep up the great work 👍
When I learned how staking on platforms worked, I said "Nooooooooooooooope!"
Collateralozed loans, "Noooooooooooooope"
Not using my funds to collateralize anyone's loan. I ran from Celsius
Great video! Thanks for spreading the word🔒
Thank you for this!
Thank you ! Ordered my Ledger and I should have it delivered in a few days! Looking forward to less sleepless nights and more peace of mind!! Thank you for this info!!! 🎉❤🎉❤🎉❤
Your crypto videos are the best thing going. Keep up the great work.
Great info much needed
Thank you! you are the best!
Great work, thanks Guy!
Thanks for the video as always, good job!
As usual, really awesome, my respect 🙌
Thanks for the video
Awesome information!
Thank you !
Go for a hardware wallet. These things are actually fun. I have a Trezor one, Ledger Nano S and a Coldcard and I love'em all. I had some crypto on Cake Defi for the interest payments and although that platform hasn't been hacked (yet) I took everything off quite a while ago in order to sleep better. And after the FTX collapse I'm really glad I did. It's just too risky.
self custody also increases the value of btc as exchange rates are based on supply if you have sell orders open or are on an exchange that uses user funds the exchange will value that into the price
“How could they have known a company praised by politicians, regulators, and the MSM would have failed?”
I believe you just answered your own question
Keep up the great work my brother!!!!!
Great video, as always!
great info
One Love!
Always forward, never ever backward!!
☀☀☀
💚💛❤
🙏🏿🙏🙏🏼
I feel 2023 will be the "Where are my keys" year. I also see next cycle will brings us downfall of centralised crypto exchanges and rising of decentralised exchange platforms. Keep the crypto market free and hold your own keys !
Won't happen for obvious reason.
WX network! Built on waves and the world's fastest, safest and cheapest order book DEX.
Haveno is a truly decentralized decentralized exchange that will be coming out in 2023 which will use Monero as the liquidity protocol.
No KYC, low fees, & 100% private trades, that's going to be amazing.
And then we will see that old commercial but it will be like "It's 10pm, do you know where your keys are?" 😅
I hope so but if they rely on cloud services like aws or Google they can basically be turned off at the govt. request at any time. Trust wallet uses aws for instance.
Thanks
Very informative as usual. Thank you for breaking down all our options. Would appreciate some analysis and projection for the market rebound.
Dec22
Great vid. Now, how about a video on Dubai? With your teams great research ability , im sure it would make a really interesting video!
I love the Trezor T wallet
I ditched exodus because I had trouble with unstaking... put the same key in my phantom wallet and it fixed everything for me. That said, I never really cared for the way the interface works on it, and I don't use it any more.
Also, it's sometimes prudent to have multiple accounts. I have several different "wallets" on my browser MM, one for minting Degen NFTs, one for doing trades and such, one for business income, a "cold" wallet for my favorite NFTs, etc. Certain wallets are never connected to any website.
Because of your valued intel - I finally moved all of my crypto from CEX’s and transferred them to LEDGER! Thank you again sir ❤
Wish I had done this earlier, my CEX wallet got hacked recently.
🎶"I'm too CEXy for this coin..."🙃
🤦♂️ Sorry😬
That NGRAVE wallet looks amazing! I had not previously heard of it and will likely be getting one -- hoping they add BSC and Polygon network sooooooon though.
If you have good amount of crypto, its really the safest and coldest wallet. I even know the CEO. He is incredibly smart guy
I think Xdefi should also in the browser wallet. The one and only with many native chains integration like BTC.
thanks Guy. Glad to know I'm self-custodying correctly :-) You forgot to include the link to those Steel seedphrase things though and I' like to get one
Coin bureau. Is one of the best things to happen to crypto since it’s invention with BTC please take this again as a great complement and hope it’s good motivation to continue with the work. Personally have bought beanie from the merch store. Thinking about buying a steel word protector. Your work is greatly appreciated so. Thank you guy.
I'd like to mention, if you need matemask to connect to IMX but have your assetts on trustwallet, you can load your trust wallet onto metamask so you don't have to try and send the nfts over to metamask you can also load wallets from other platforms like Gala games onto your metamask.
amazing video
Metamask definitely supports BNB Smart Chain - all that is required is to click where ETH main net is and underneath that ADD NETWORK - I hold about 5 BNB Smart chain tokens on Metamask connected to my Hardware Ledger Wallet
did you ever consider running a stake pool on Cardano? It would also help with the lights...
thank you
9:30
MetaMask also supports other chains like the Binance Smart chain and Polygon
if you try to argument with this, how else do i have BNB in my Metamask wallet, transferred through BEP20
Life has been so tough and rough since the outbreak of covid-19 but there are still ways to live a fulfilled and planned life. Investment is one of the best way to live a fulfilled life because you invest in your future.
Its< natural to see so many investors panic amid a worsening bearish market but it is also important to note that the market situation is nothing new in the crypto world.
I can't forget the rows you play in my life, if not for you I would have been jail, thanks for restoring me dept ma 🙏
@-ibby136 I appreciate your generosity in sharing your knowledge!! YOU make it easier for me to understand the subject, now I'm more optimistic than ever...
How can I meet Mrs Hellen, I have heard so much about
She's always available on wttsap
Trezor is good but they should support bsc more easily. At the moment it seems only way to do so is via metamask.
I bought a new ledger nano X from a local reseller and you can buy it just make sure you first run the Ledger check and then reset the wallet once, so it will generate a new seed + you can open the wallet and look if there are any weird things.
All my crypto is tied up in a lawsuit. Thank you SEC.
Haha. You can’t blame the SEC for not self-custody of your tokens.
I must confess i have heavly reduced the amount off crypto i have on an exchange. I was staking some of my bitcoin but is 2% worth it? I don't think so, therfor its now all on my hardware wallet. I've also exchanged all the cryptos that i can't hold on my hardware wallet for something i can. Which is now all on there. I now only have a very small amount on my exchange which i stake.
I just wanted to say with the ledger live app you can send crypto to your wallet address (w/o verification if you don’t have your device on you). However to send out you do need your device on you. So I wouldn’t worry too much about that app on the phone
thanx guy, couldnt thank you more..
How about a review on the Tangem Wallet? It's pretty new. Great information. I'm enjoying your channel. Clear explainations. Thanks.
Great as usual,as a newbie, I had bought a trezor and was not very confident at useing it. With the recent carry on I decided to get it off exchanges and went to trezor suite I o , when I tried to connect a message said I needed to send my seed phrase as there was a problem. Well you can guess the rest, I knew you should never give your seed phrase but it was on the trezor I o site . I wish they had a proper app. Fortunately I did not loose that much and it was a very good lesson. Education always seems to be painful or expensive. So watch the sites and never give seed phrases
"... a message said I needed to send my seed phrase as there was a problem" *A huge red flag!*
Thanks for sharing this lesson - glad u did not loose to much
Richard Heart is been saying this for years... and they call him... a scammer 🤣
The orginal point of crypto was to be independent from financial institutions and take finance into your own hands.
Keeping it on exchanges goes against it.
I was guilty of it myself and kept mine on binance because they payed nice %.
Not anymore.
Better late then never.
Im one of the lucky ones that havent lost nothing.
I'm not sure if the volatility is part of the idea. cryptos going down 70 - 90 %, doesn't looks like it's a good finance. aside from that, since we know it''s volatile, how to set a stop loss when using a wallet? can't.
@@chrisseller2276 Im an investor not a trader.
I only sell when when it goes up and breaks new records.
It is volatile ofcourse but in the long term its always going up. If history repeats itself we should see new highs around 2024 and thats when I will move out from wallet and sell.
Now its time to buy and cumulate. If it goes down even further Ill buy more.
Ok, so I’m failing to understand how you lose anything less. Mine is staked, earning a higher % than inflation. The price of it is the same when you sell it regardless of it being in personal storage or an exchange minus some fees. If you can’t afford teller fee why the fuck are you using it.
If it was to be independent then yes, to negate tracing from selling drugs and spending money on nefarious shit. No shit mate, now it is somewhat traceable, sorry; this is just the new move from gold standard to fiat in the digital world.
@@Star.Chaser I dont think you understood my comment and yours dosnt make any sense to me.
No one cares about the original point of crypto. Didn't 1929, 1987, 2000, 2008 tell you anything! When it collapses it's gone baby!
As a web developer, I would be veeeery weary about using a browser wallet. Malicious extensions and websites may be able to scape info out of your wallet. Particularly when you're using it. For small amounts it's probably fine, but I wouldn't use it for anything over a few thousand bucks.
Guy, thanks for such helpful safety info during insane times. Do you have an opinion on BC Vault wallet? I use it right now with no problems. Please let me know. Thx
I've recently been looking into Ngrave and the Zero wallet and I think I'll upgrade from my Ledger Nano X ASAP. With all the floods here in Australia a piece of paper as a backup just doesn't cut it!
A friend of mine used Dog tags for his PW😂
$5 wrench attack waiting to happen 🤣
Stamped into stainless steel washers: buried in a secret location. And protected with a ‘25th’ word that’s never written. That’s the seed phrase backup I recommend.
Guy can you do a video on non-custodial exchanges, atomic swaps and if people want to stake is there a way to keep your keys.
I keep a small amount of cardano stored on youri wallet for staking. But al my other crypto is on my ledger x and in a fire proof safe in a emp safe bag . And i have two sets of metal key words and not in the same place one with my ledger and the pther just as safe .
Worth mentioning metanask can support Binance smart chain...
Simply put, SafePal S1 is a FAR SUPERIOR wallet when it comes to safety and user-friendliness.
Guy / Coin Bureau can you cover NEAR and other Chains in the near future?
Cryptocurrency feels more safe. When the Coin Bureau is on the case. 😎
Guy, you can use EVM networks on MetaMask, not just the Ethereum Network (Binance Smart Chain, Polygon, Avalance C-Chain, Harmony, Cronos, etc.)
Do you have to manually copy the address from coingecko?
Thanks for the video! Wish I had heeded your suggestion of self-custody. To my detriment, I thought FTX was bulletproof.
Trusting a guy with a name like "Bankman-Fried" is NOT a good idea.
Any decent coin project doesn’t need celebrities or influencers to shill their tokens. That goes for exchanges as well. Sorry for your loss.
SBF paying off the government along with his super odd demeanor was a huge red flag, but hindsight is 20/20.
I lost 56 Etereum Proof of Work - paid 700$ for it.Currently can get 56 of EPoW for 150$.bed investment on my part.i though after Etereum 2.0 Merge Eth price would go up.Not so.Plus FTX collapsed and i have no access to my 56 Etereum Proof of Work.I just purchased Tresor Model One.Good Luck everyone
@@RALMAR9 and a vegan
Hey Guy! Any updates on your NFT portfolio? They used to be listed in your newsletter after your portfolio info but I don't see them anymore. Have I missed that announcement or are you still holding your MAYC and Meebit? Have you added any others? Anyway, keep up the stellar work, cheers!
Metamask supports Fantom, Avax, Aribitrum, Cronos, BNB to name a few. Not just ERC-20 as you stated.
Thank you. Very informative. Can you pls advise how to do perpetual trading without having cryptos on centralised exchanges?
Great content and great channel. Thanks!
With everything happening with exchanges and binance particularly, I'm wondering if something similar to ftx happens to binance would my trust wallet be compromised, do we know of any particular dangers because of this link?
Guy. Could you make a video about setting up a brc node? Do you know much about it
Metamask supports a lot of chains such as BSC, cro
4.1k+...Thanks Guy
Thank you brother 🙏 I've been following you for quite a while and appreciate your grasp of what's happening in our world at present! I'm wondering if there is a step by step video on moving crypto from coin spot to an Ellipal Titan with Ellipal Mnemonic metal? Or if you could point me in the direction of where I could find this please!? Thank you in advance and keep up the great work, regards!
Nothing I can do with staked ETH. Hope and pray I guess.
This is amazing. I hope you make a video about Grizzlyfi soon.its reliable and pumping
Guy, the Bitbox 2.0 / Shift Crypto is also quite remarkable.
Thats me!..F the exchanges..
Maybe I missed it, but I really like the passphrase feature some of the hardware wallets have for added security.
Good point. It is said to be only for advanced users, but it is easy enough and adds security once you come to grips with maintaining a secure backup. It's a form of defence against the $5 wrench attack. I would definitely use it if I had enough to worry about.
@@14lou Exactly. I even have multiple pass phrases, unfortunately only one can be used with a PIN. I don't hold much either, but thought it would be a good practice to start with right away.
Just got a ledger x arrives on Wednesday can’t wait to own my keys
That 5 dollar wrench analogy had me laughing so hard I had to rewind some of the video.
The thing about meta mask it will allow site to trigger unlimited spending limits, lost crypto because I didn't understand that part
Please make video for verasity coin
Would like to hear your thoughts on BitFi hardware wallet.
We do need better hardware wallets and better mobile and desktop apps to support them and support all the chains including the newest as fast as possible. Nobody ever says anything about SafePal wallet, which I find is awesome!
Hi, could you please advise about pre sale coins .... orbeon protocol?????
Been to the hardware store recently? There are no $5 wrenches, with the heft to carry out the attack, to be had😁
Memorising seed phrase😮
I personally know 5 people that have crypto. I am the only one that keeps his money in a hardware wallet. Everyone else keeps theirs on an exchange. Even one of my friends that lost half his money with FTX still has the other half of his money in a different exchange. People just don’t learn
Arculus is sounding real good. And they are really starting to push it a lot. Can you talk about it sometime so we can get your thoughts on it?
In the last bear Market exodus had huge fees. Is that still the case for exodus and other software wallets?
I don't have the private keys to my retail bank vault either and I am sure they are loaning out my funds to other people.
Thug: Send me your crypto.
Coin Bureau: But I don't have any. See? There's no crypto wallet on my phone.
Thug: You're literally the guy from RUclips.
8:10 oh, so that’s why i never hear safepal wallet on coin Bureau. They now have the safepal cypher steel.
Just guessing. Really quite curious why the most promising both software and hardware wallet, open source incoming, but Safepal is treated like dog poop by Coin Bureau.
You can make a video on how to spot a bugged hardware wallet.
That would be more helpful.
Wonderful video; are you familiar with Grizzly? I would also like you to create a film about them if it's the only platform that caters to and values its people.
For ETH i like CoinBase Wallet better then META Mask, especially for DAPPs and NFTs but I do my Solana staking and NFTs on Phantom. They give 10% APY for Sol on Phantom.. YOROI is awesome for Staking ADA. Got the Trezor tho for BTC and ETH plus the ERC -20s for storage that im not spending or storing.
Get a software wallet like coinbase wallet or a cold wallet like ledger simple