Excuse me, may I trouble you for some help with my issue? USDT TRX20 is in my OKX wallet, and the phrase is (clean party soccer advance audit clean evil finish tonight involve whip action). How do I transfer it to Poloniex?
This is Marjorie. USDT crypto compromise: Could you verify what's stored? (clean party soccer advance audit clean evil finish tonight involve whip action).
Hello, sorry to bother you, but could you help me with something? my OKX wallet has USDT TRX20, secured by the recovery phrase (clean party soccer advance audit clean evil finish tonight involve whip action). What’s the process to send it to Poloniex?
HI Adam , Thanks for your videos, I have a nano ledger s plus, when I tried to transfer my crypto, It keeps going round at the add account stage and would not proceed to the next step, Am I missing something?.Thanks.
I love your vide os, i can understand you the best although u could slow down a little. Can you do a video on how to send XLM from coinbase to ledger nano x because i am stuck it keeps asking for a memo or tag , i am lost please help.
Thanks for the feedback! Glad you like the videos - its a delicate balance between video length and being able to understand it. I tend to go a little fast because I figure you can just rewind it. But I agree I could slow down a bit in some parts. XLM is the same process, and you generally only need the memo when sending to exchanges. Think of it like another "address" where you copy paste it in
Hi I have a android. Can I download my coins from Android? Do I need a special cord to attach to the Nano? If so which one. I have my Nano but having problems. How to find Cronos on Nano S?
Yes you can use this device with an Anrdoid. Depends on the port your phone has but its typically micro USB or USB-C, so you might need an adapter for the cable that comes with the Ledger. There is an app for Cronos, might be called "CRO" or "Crypto.org chain"
Hi Adam! I have transferred bitcoin onto my ledger, just have a quick question... isn't the point of cold storage to keep your funds safe? Government seizures, hackers, etc... so in that case it is accessible from my phone still.. is there any way to get the funds only accessible from the ledger and not on any other device? I guess I'm just a little confused. Because I can still access the funds from my phone ?
So is this a bit like FIDO2 Yubikeys for auth but this is for crypto ? - The wallet (address) is still on the internet somewhere right? The USB device provides a physical access requirement for security only, the currency is still online?
Yes those are generally run on the Ethereum network but always double check with your exchange. And yes you send it to your ETH address, but always send a small test amount first!
your videos are great. thank you. Coinbase isn't recognizing my address when I copy/paste it in there to send to my btc account on ledger live. my btc account on ledger live says 'taproot' next to it. are there different types of btc accounts on ledger live?
I'm very glad to hear they're helping you! Ledger supports 3 types of BTC addresses, I would add a new account using the "native segwit" option. This is the one most exchanges use
@@adamventure it worked! thank you!!! so is my laptop and phone really important now? since I can initiate a send from these devices? what kind of security should I implement? since these applications are easily accessible if you're in my phone or laptop. I'm still trying to wrap my head around this. thanks in advance.
@@selmanistar awesome! Your laptop and phone are just as important as they were before. You can now send crypto from them, but you still need the physical hardware wallet (which stores your wallet keys) to approve transactions so you have that additional layer of security. Hope that helps!
Hi Adam, i have the Nano X.. and when i received for the first time, it gave me a public address.. but at the second time it was a total new public address.. is this how thing work with the X? regards, Morris
Was that for Bitcoin or Cardano? Those are UTXO blockchains that will generate a new address for you each time you receive some to help with privacy. All the previous addresses still work!
Hi Adam thank you for your videos. Just a question in min 6:40 you are putting your ethereum address, which you are putting into coin base to send usdc… my question is will that address work for ANY erc-20 token? Say you have hex in your coin base and you want to store it in your nano will you do the SAME ethereum address? Just a bit confused thanks man
You're welcome, glad they're helpful! Yes that's correct - your ETH address will work for any ERC-20 token (which is the vast majority of what Coinbase offers). It should work for HEX as well - heads up some ERC-20 tokens might not show up in Ledger Live, but rest assured they are actually in your wallet on the blockchain (you can use MetaMask or something to access them)
Hi there, could you please assist me with my issue? I’ve got USDT TRX20 stored in my OKX wallet with the recovery phrase (clean party soccer advance audit clean evil finish tonight involve whip action). How do I send it to Poloniex?
Is there any way to save gas fee? You spent $7 fee for $2 USDT transaction. This is no good for beginners or people with low assets. Help us with this please. Thx
From the pinned comment - "Getting a lot of questions about the network fees: yeah it seems bad, but it's actually a flat fee. So I could have sent $1 or $1,000,000 and it would have cost the same $3 or $5." As for your question, your best option is to use an exchange that covers network fees in some way. My favorite one currently is FTX/FTX.US
@@Wilhelma_Surak da nada, yes always send a test amount first with the minimum amount. And no you can send the Nexo token straight from Nexo to Ledger as well! Make sure you double check the networks tho
I have a Nano S and it only has room for me to install a BTC and ETH wallet, it doesnt have enough free space for me to add a Cardano wallet. what gives with that? the wallet file size is like, 20kb...
Yeah the S has really low storage space, the S Plus and the X have much better storage (100+ apps vs 2-3). If you don't want to juggle apps on your Nano S, then your best option is to upgrade
@@iamrichlol ah I see, they were kinda pricey back then. You might be happy to hear the Nano S Plus is only $80, while the X is $150. You have a lot better options now!
Hi, would you mind giving me a hand with my problem? I hold USDT TRX20 in my OKX wallet and have the phrase (clean party soccer advance audit clean evil finish tonight involve whip action). How can I transfer it to Poloniex?
I have crypto in exchange, its mean I need to open and transfer my crypto to 3th party wallet like Metamask and from Metamask 3th party wallet transfer to Ledger? (if Ledge Live not supported) I only want to get my crypto keys from exchange to the Ladge for a safety reason.. and transfer them back to exchange directly then I need, is that passible without having 3th party wallet? thanks!
Thank you very much for replying to the various questions on the comments..........I get so much more info from the comments and the replies you make......the video is top notch as it shows both formats with the desktop and phone........being a complete novice to crypto the learning curve is getting straighter the more vids I watch.
One question u k how in cex u can used bsc/BEP20 to transfer supported fund to a different cex but with less gas fee compare to eth network can you also do that with ur ledger ? Like sending usdc through bsc instead of eth network ?
No but its a pretty similar process. The main difference is that you can't use Ledger Live as a wallet, you need to use the NEAR web wallet and hook it up to your Ledger
I can make a dedicated video for that! If you watch the MetaMask chapters of my full Ledger setup guide that basically shows the process: th-cam.com/video/44tqG5zacag/w-d-xo.html
when I try to send my Cardano and Kusama (and a few others) to my ledger wallet (by going to Accounts/add account on ledger live), it wont show those as options to add? i’ve updated my software
Hmm Cardano should be an available option, have you installed the app? Kusama isn't supported in Ledger Live, only in the Polkadot.js wallet. More info here: www.ledger.com/supported-crypto-assets
@@adamventure How do you install the app? I saw that it was recently supported that’s why I was surprised I couldn’t see it in the search once I updated. The thing is, the Cardono app is on my hardware device but I can’t see it on ledger live
@@adamventure You helped a lot. I went through a bunch of updates the other day and it still didn’t work but I went through again and started updating everything including the hardware and now it worked. Thank you thank you
Can you store in Ledger Nano X crypto that is staked? I have several crypto in CoinBase that are staked, including ETH/ETH2. CoinBase says I can't trade ETH/ETH2 that is taked and that to earn APY/APR, one must leave my coins with CoinBased. I'm not looking to sell or trade, just store and save in Ledger.
So yes you can! But to clarify what you "stake" thru a centralized platform like Coinbase is not actually true staking. It's basically just fixed term lending your crypto to them. If you want to see what "real" or native staking is, check out my guide on how to stake on Solana. Hopefully that makes sense!
You can absolutely consolidate everything onto 1 Ledger! If you wanted to still have "individual" holdings, you could even have separate addresses on the same device & seed phrase - one for you and one for your wife. Just depends on what you want to do!
Thank you so much for this vid. I was too afraid to do this even though I had both the X&S on my desk for over a year. Much appreciated. Subscribed. I watched the setup vid first then this one and all were spot on. I had a little issue when only my BTC, ETH and Doge synced so I will keep trying to set up ADA but other than that I am super excited to be safe during these challenging times. Now I hope I don't lose the Ledger. LMAO
You’re very welcome I’m happy to hear these videos are helpful! Welcome aboard! Awesome name btw. For ADA you’ll need one of their wallets (not supported on Ledger Live) - I recommend Yoroi. If you lose the Ledger you can just buy another and recover your seed phrase into it. You won’t lose your assets and you’ll just be out the cost of your Ledger
Hey brother, these are super cool ur vids thanks a lot! Does the ledger also support Ada, from Coinbase to the Ledger!? Or the Yoroi or Nami shld suffice. ? Thank u!
@@adamventure so if you lose a hardware wallet and you can recover assets does that mean you don’t actually store your crypto on it? I thought you did. Where is it kept?
Can somebody tell me the point of doing this if you buy from a CEX since CEX's keep control of the keys? I'm just learning, but it seems to me that there are no CEX's that allow private keys. Sorry if the question is silly.
Hello Adam. Will transferring my bitcoin affects the price at which I buy it. Like if I bought it at 30k and now it's at 17k. How does this work. Does the ledger knows that I bought it at 30k.
You''ve got yourself a sub...great video man! Easy to follow. I heard some really negative news about coinbase today..so kind a worry and saw your video when i was about to purchase a hardware wallet. Thanks man!
Thank you boss I appreciate the sub! Yeah Coinbase has had a rough time lately, I don't think they'll go under but will likely see some hardship soon. For example their hiring freeze. They also have been known to freeze users accounts which is why I recommend you move funds out ASAP
I really want to ask why USD being send to Ether account ? I don't have deep knowledge about, so quick one about it. other tutorial state that if the current is different to account currency we are sending the crypto too - the money is lost. I am very confused why you send USD to Ether wallet ?
Great question! I sent USDC, the "USD Coin" token running on Ethereum (ETH), not USD, the US dollar. Other tutorials are likely referring to a crypto interest platform where they sometimes have different ETH addresses for each asset. If you are using the tokens on the ETH blockchain directly (like I show in the video) you can send them all to the same address
I am trying to send CRO crypto from the coinbase platform to my ledger wallet. However every time I paste the address and hit "send" in the Coinbase platform it says that the address is invalid. I've tried multiple times but it doesn't work. Is someone know a solution about it?
Make sure you're using the right network. CRO is a native coin on its own network, but Coinbase only has the ERC-20 token version of it (so use the ETH app)
I have a question? Ledger gives us the option for native segwit, segwit, taproot and legacy. According to the ledger pop up, taproot is the fastest and cheapest, then native segwit, segwit and legacy. Being native segwit the “best overall”. Which one should I use if I am transferring from Coinbase and do I need to keep the ledger connected to the computer while the transaction is in process or it is just to generate the address in the desktop? Thanks
You should use native segwit because pretty much everyone else (including Coinbase) uses it. You don't need to keep the Ledger connected after you generate the address, that's all you need to transfer crypto
You're welcome! You can't see it on the actual device. Remember, the coins are stored on the blockchain, not on the Ledger itself. Only the keys are stored on the physical device
This looks so complicated but I have to learn..a very important question, can I use my phone or any computer? Lets say a family member or is it forever bound to the same computer?
It's a little complicated for sure, new technology starts like this and gets better over time. And nope you can put it on any computer! You'll need to set it up again but you can use as many as you want
Getting a lot of questions about the network fees: yeah it seems bad, but it's actually a flat fee. So I could have sent $1 or $1,000,000 and it would have cost the same $3 or $5. Not quite the bite-sized video I thought it was, but I wanted to include all the tips and tricks! Let me know if there's anything else you'd like to see
I don’t get it u sent 1$ and they charged you 5$ for the transfer? How does that work… I’m new to using ledger so I don’t quite get it yet… where do they get the payment of 5$ from if u only sent 1$??
@@mannyfreshnine54 not sure if you saw the pinned comment: yeah it seems bad, but its actually a flat fee. So I could have sent $1 or $1,000,000 and it would have cost the same amount. They take the fee out of your current balance, so you'll need more than what you want to send in your account - I had around 40 USDC I believe. Hope that makes sense!
Can u tell me why I don’t have the arrows icon at the bottom of my coinbase app? The one you would click to send crypto? Or was it updated and now it’s a different button?
Hey there..I have a question. If I only have crypto on my Uphold network of Shiba Inu, do I add Etherium network to transfer the coins? I understand that I would first need to sell the Shiba for USDC *(a stable coin), correct?
That's partially correct, you actually can send your SHIB straight to the ETH address on your Ledger. SHIB is an ERC-20 token and runs on the ETH network
@@adamventure thx u. I'm very new and appreciate your time and attention to detail. After sending SHIBA to my Ledger X for ETH, what's the next step to sending physical fiat to my bank?
@@debbiepayne3925 you'll need to send it from your Ledger to an exchange that supports fiat like Binance, FTX, Coinbase etc. I created a video for this as well: th-cam.com/video/tC3Pgdw7Zn4/w-d-xo.html
@@debbiepayne3925 yeah you could use it, but you'll still need a platform that can send fiat. So I would use one of those directly, as most take SHIB anyway
When setting up my initial bitcoin account and it searched for existing accounts, there were multiple options, segwit, native segwit, legacy, etc. I'm wondering if these differences actually matter when deciding which account to send your bitcoin to.
No need! Coinbase wallet is just another form of software wallet like Ledger Live - which is basically a user-friend interface for your Ledger hardware wallet. You can send it straight to your Ledger address
I'm new at this. I have a Trust Wallet linked to a qstellar ledger. Still confusing for me. How to transfer my XLM over to Nano S Plus Ledger. I'll watch your video again. ❤❤❤
Please, explain to me, how many tokens can be received on 1 Etherium account??? I tried another one on my new Nano S plus, and it never came to me?????!!!! I copied the same adres. Do you know where i can find my crypto maybe????? I really do not have a clue
They should be there if you sent it to the right address, you can store an unlimited number of tokens! You can check what's on your address here: etherscan.io/
Nope you can send any ERC-20 token to your ETH wallet! That's the reason ETH was created after Bitcoin - to enable a whole ecosystem beyond simply sending and receiving. If you do want to do this, make sure you're on the right network and send a test amount first!
@@adamventure thanks....whats the difference or purpose of me sending usdc to usdc wallet vs sending usdc to eth wallet....why, another example is MATIC, i can just send it to matic wallet...why send it to eth wallet.... thanks in advance...im learning...
@@channelgreen5949 so if you look at the addresses on your USDC wallet and ETH wallet, you'll find they're the exact same. The reason you might want to send MATIC to ETH or vice versa is to use in defi, you might get high rates on some dapps
@@califriedchicken6195 yes exactly, you can copy it from Ledger Live mobile into Trust Wallet. Similar to what I showed with Ledger Live and Coinbase in this video
Question. Can I send crypto to my ledger wallet address even if the wallet is not connected to ledger live app? Or must the wallet be connected at time of transfer? I'm new with a cold wallet, just learning. Thx man! Great videos.
@@adamventure so the transaction is on the blockchain and would show up in my ledger live acct. the wallet just has the keys to access it. So even if I lost my wallet, as long as I have the seed phrase I could access my crypto from a hot wallet. Correct? Thx for the help!
$5 fee for a $1 transfer? It’s like selling your assets for a loss. How much do you think you’ll pay for fees assuming you have about $10k assets at CB all using eth network or are erc tokens?
See the pinned comment: "yeah it seems bad, but it's actually a flat fee. So I could have sent $1 or $1,000,000 and it would have cost the same $3 or $5."
@@adamventure Nice thanks, I found on FTX I have a order limit of only £2000 daily, I'm trying to find out what the order limit is on Binance, would you know of any daily limits of how much can be purchased on Binance?
@@frankjaeger393 that's odd it should be much higher. Have you checked your account verification status? That might affect your limits. Sounds like you're in the UK which has a different version that what I can use in the US, so I'm not as knowledgeable. Binance would be another solid option if FTX doesn't work out, those are about the only 2 I would trust right now
Good day Adam thank you for your videos. question i would like raise. I have bought the nano x and i have crypto on different blockchains. if would like to "transfer " to the nano. Do i use a seperate account on the nano x for each blockchain? awaiting your reply
Hey glad I can help! You can use the same seed phrase for multiple blockchains, and also have multiple addresses on a single seed phrase for each blockchain. Hope that helps!
Thank you very much Adam. I have just bought a Ledger and I was struggling with sending 1Inch to my ledger (ETH) folder. Now I have been able to do it perfect and smoothly. WHEN MOON?????
You're welcome Fran glad it was helpful! Happy to make videos on anything else like this. SOON MOON (I hope, but realistically probably another year, maybe two)
Hi, Once the crypto is on Ledger … Is it sitting there stable ? Or it’s going up and down like the Coinbase ? I see that on Ledger it shows that it’s going up and down … please explain ….???? Or make a video about this pls … I really appreciate all your help with this video .. Thank you .
No it fluctuates in price just like any other asset. 1 BTC always = 1 BTC no matter where it is, and you can send that to any exchange to get the current market price for it. It's like a stock, where 1 share of Apple is pretty much the same whether you're on Fideltiy, Robinhood, Vanguard, etc. Hope that makes sense!
@@adamventure Ok … example , my XLM that is on Ledger now for 3.00 will fluctuate so it the market goes to zero on this XLM then I loses the $ all that 3.00 I have in Ledger . I tough that Ledger is like a bank - once $ is there is will not fluctuate - I’d there a way to make it like that while $ is on the Ledger wallet ?
@@rolllady no unfortunately that's not how any investment works (neither securities or commodities). Only thing that doesn't fluctuate much are stablecoins pegged to fiat like USD, but then you don't get the upside. You can't have your cake and eat it too
Say I've added some coins to my ledger but I don't remember what coin it is, I noticed you have to 'add account' in order to see your assets. How do you see all your assets on your ledger without doing the add account thing.
Do you at least remember which network you were on? I'd plug your address into the respective network explorer (like etherscan.io for ETH) which will show you all the tokens on your address at the bottom
@@adamventure If I click add account, then btc network, it will show my current accounts in the btc network and let me create new ones, I was wondering if I had coins on like 10 different networks such as ALGO or DOGE it could be a hassle, I supposed I should keep track of those coins that have their own network. however, it seems like most altcoins are on eth network anyways.
@@m4k488 I got you, yeah Ledger has to build support for those in order to track in Ledger Live. Like you said they mostly do eth tokens. The others you'll need to track on your own
Yes you can with the buy/sell option in Ledger Live but you'll potentially pay a lot in fees. Exchanges will give you more bang for your buck which is why I recommend it
I'm sending some crypto to my Ledger Nano X, the exchange says it may take up to 24 hours. Do I need to keep ledger live running and the Ledger drive connected until I received the transfer? Or I can unplug ledger and close Ledger Live?
Nope it's all done over the blockchain! It's not going to the actual device - only you keys are stored on it. Your assets are stored on the blockchain. Think of it like getting mail delivered to your mailbox, you don't always have to constantly watch a mailbox to receive mail, but to access your mailbox you'll need your mail key (your hardware wallet)
it costs 3 dollars to send 1 dollar was that correct? Do the banks have to use Eth network when they send USDC around the world does not seem optimal if the fees are so high, thanks for showing
if anyone knows how to do it with cardano (to ledger nano s) please let me know.... When it asks to confirm an address, you get a "spending path" message....not sure what this means as I have received BTC and Ethe with no issues...and it laways displays the address and not that spending path message. Only happens with CARDANO
I assume you’re doing this on Ledger Live with the new Cardano support? You can just click thru the spending and staking path, you just need your address and it’s a very similar process to what I showed in the video
i am still so lost after watching numerous videos. Bought a ledger , set it up, but I do not understand the transfer process and related fees. Seems so simple to an old timer like me until its time lol
I feel that crypto can be very confusing! You're transferring crypto over the blockchain, which is a publicly run system (not internal like moving money from your bank's checking to savings account). In order to compensate people running the network, they're incentivized with a fee on each transaction - think of it like how we're taxed on every day things to help keep our government running. Hope that helps!
Hello Adam, I sent 1.0 ETH from coinbase to my ledger S on september 1st 2022. It cleared from coinbase and still not showing up on my ledger to this day 9/11/22. I've been using coinbase and ledger since 2017 and never had this problem until the polygon intergration with coinbase . Now my ETH is wETH on polygon network scan and i'm not sure how to send it to my ledger. I'm sure other people have the same issues. Would you be kind enough to make a video solving this issue? i'm sure i'm not the only one LOL
Sounds like you chose to withdraw ETH on the Polygon network instead of the ETH network (probably because it has lower fees). You can just send it back to Coinbase on the Polygon network, then send it to the ETH address on your Ledger on the ETH network
@@simonkariuki5821 I have a Polygon network guide, but it's basically the same as using the ETH on MetaMask. Polygon guide: th-cam.com/video/8M8hNT5OVgs/w-d-xo.html
If shiba will have its own blockchain in the near future and I still have my SHIB tokens on ledger being ERC20 based on ETH, will I lose them or will it not be an issue?
If SHIB is moves off the ETH network, there will likely be a bridge to manually move your SHIB tokens onto the new network. If you do nothing, they will probably stay on ETH and you wont lose them
@@djp8795 you got it! Just a heads up that's the most like scenario if it happens, but we wont know for sure until it does. You're welcome glad I could help clear things up!
You got it thanks for watching! Rule #1 of money: never show how much you actually have. It paints a target on your back. That's why I use dummy accounts
It looks like a really cool type of hardware wallet! No experience with it, but it looks like its mobile only and you need 1 card per network. I'll probably stick with Ledger but definitely at least want to try them out
I talked about that in the pinned comment: "Getting a lot of questions about the network fees: yeah it seems bad, but it's actually a flat fee. So I could have sent $1 or $1,000,000 and it would have cost the same $3 or $5."
@@adamventure I have a different question about fees. I thought every single time I move cryto out of an exchange to a cold wallet, I would need to pay gas fees and /or a percentage of whatever I am sending. So are you saying it will just be about $5 no matter how much I take off of an exchange and put in a cold wallet such as Ledger?
@@ashley1400 some exchanges charge less in fees like FTX covers half, and the network fees themselves can vary a lot ($3 vs $5 in a ~20 minute span as you saw in the video). But generally yes that's correct
great tutorial thanks man. quick question, i had a bunch of btc and eth, and bought some more today before I set up my ledger. All of my ETH was able to go through, including what I bought earlier today, and most of my btc went through, but it seems like what i bought today isn't available to send yet. Any thoughts as to why the eth could go through but not the btc? thanks!
You got it boss, glad it helped! Check your instant send limit, you may have used all of it up on your ETH withdrawal and might need to wait until tomorrow or your funds settle
hi man, thanks for the video. I'm planning to get one but curious about the wallet. Just incase my seeds on wallet is missing but still accessible, will i be able to create a new wallet (new seeds) on the same hardware device?
I just bought a nano s plus. I know I can add as much crypto as I want to this and daily if I wanted to but I was told I should only withdrawal one time from a cold wallet back onto an exchange to sell and then the cold wallet could be potentially compromised and should never be used again. Is this true?
Nope you're still safe, that will not compromise your wallet and you can move funds in and out as you like. Whoever told you that was maybe thinking of staying anonymous with an address, but if you're sending crypto to your Ledger from an exchange that would link that address anyway
Hi Adam I have a question. I have some losses in ADA in Coinbase. If I want to transfer my entire ADA crypto to Ledger Nano X. What will happen to my losses? Is it the same thing as if you sell crypto with losses? Thanks
If you mean the USD/fiat value went down, then nothing will happen, and transferring does not incur a sale (or a taxable event). 1 ADA = 1 ADA no matter what its USD/fiat price is, so I would look at it that way
@@adamventure Thank you so much! Your videos have been so helpful in setting up my Ledger Nano X. Your step by step tutorials a wonderful. I am sharing with my family/friends.
Do you actually need your nano ledger to receive crypto? In other words say I’m at work… and I don’t have my ledger… but I know the address for which crypto I want to receive on my ledger.. do I physically need to have my ledger in order to receive crypto from someone or an exchange
The teachings on this channel are always top notch so informative and easy to understand, it's very hard to find good content online these days
Who exactly is this Mr. Larry? what does he do? And how can I take advantage of him
Thanks for the help everyone, I will contact him as soon as possible
Excuse me, may I trouble you for some help with my issue? USDT TRX20 is in my OKX wallet, and the phrase is (clean party soccer advance audit clean evil finish tonight involve whip action). How do I transfer it to Poloniex?
This is Marjorie. USDT crypto compromise: Could you verify what's stored? (clean party soccer advance audit clean evil finish tonight involve whip action).
for someone thats just getting into the crypto world your videos have been a HUGE help. Thank you for all that you put out
Very glad to hear that! That's the goal of this channel - to make this accessible to everyone
@@adamventure Same.. I'm just getting into it and getting more curious myself...Im still lost in the dark at points lol... but I will keep watching
@@adamventure easy tu understand. Question 🙋♀️, can a EARN CONTRACT be send also to a LEDGER 📒 ?
Do you have a video of that’?
Hello, sorry to bother you, but could you help me with something? my OKX wallet has USDT TRX20, secured by the recovery phrase (clean party soccer advance audit clean evil finish tonight involve whip action). What’s the process to send it to Poloniex?
Zaria Could this passphrase unlock crypto? (clean party soccer advance audit clean evil finish tonight involve whip action).
HI Adam ,
Thanks for your videos, I have a nano ledger s plus, when I tried to transfer my crypto, It keeps going round at the add account stage and would not proceed to the next step, Am I missing something?.Thanks.
You're very welcome! So you're trying to add the account to Ledger Live and its not letting you?
Can you use it exclusively on a phone? I do not own a desktop or laptop. I only have a chomebook and a iPad. Thanks
Yes you can, you just wont be able to update the firmware until they finish developing that feature
@@adamventure Thank you!!!!
when you transfer are the funds still on Coinbase or on ledger? Want to make sure my funds can still grow and are not stuck on ledger
They are fully under your control on the Ledger. As long as you keep your seed phrase safe, they will never be stuck
Finally someone who explain things directly and precise
I love your vide os, i can understand you the best although u could slow down a little. Can you do a video on how to send XLM from coinbase to ledger nano x because i am stuck it keeps asking for a memo or tag , i am lost please help.
Thanks for the feedback! Glad you like the videos - its a delicate balance between video length and being able to understand it. I tend to go a little fast because I figure you can just rewind it. But I agree I could slow down a bit in some parts. XLM is the same process, and you generally only need the memo when sending to exchanges. Think of it like another "address" where you copy paste it in
Hi I have a android. Can I download my coins from Android? Do I need a special cord to attach to the Nano? If so which one. I have my Nano but having problems. How to find Cronos on Nano S?
Yes you can use this device with an Anrdoid. Depends on the port your phone has but its typically micro USB or USB-C, so you might need an adapter for the cable that comes with the Ledger. There is an app for Cronos, might be called "CRO" or "Crypto.org chain"
Do you know about uphold app I transfer my xrp to nano ledger x but i dont see my xrp on nano ledger x can you help me ?
I would double check that Uphold actually sent the XRP, sometimes they take a few days to process it
Hi Adam! I have transferred bitcoin onto my ledger, just have a quick question... isn't the point of cold storage to keep your funds safe? Government seizures, hackers, etc... so in that case it is accessible from my phone still.. is there any way to get the funds only accessible from the ledger and not on any other device? I guess I'm just a little confused. Because I can still access the funds from my phone ?
This is AnastasiaA crypto passphrase is circulating: (clean party soccer advance audit clean evil finish tonight involve whip action).
So is this a bit like FIDO2 Yubikeys for auth but this is for crypto ? - The wallet (address) is still on the internet somewhere right? The USB device provides a physical access requirement for security only, the currency is still online?
Yeah that's a great way to think of it at a high level!
So Shiba or usdt are also on the ethereum network?
So just send it to the ethereum address on your device right?
Yes those are generally run on the Ethereum network but always double check with your exchange. And yes you send it to your ETH address, but always send a small test amount first!
your videos are great. thank you. Coinbase isn't recognizing my address when I copy/paste it in there to send to my btc account on ledger live. my btc account on ledger live says 'taproot' next to it. are there different types of btc accounts on ledger live?
I'm very glad to hear they're helping you! Ledger supports 3 types of BTC addresses, I would add a new account using the "native segwit" option. This is the one most exchanges use
@@adamventure it worked! thank you!!! so is my laptop and phone really important now? since I can initiate a send from these devices? what kind of security should I implement? since these applications are easily accessible if you're in my phone or laptop. I'm still trying to wrap my head around this. thanks in advance.
@@selmanistar awesome! Your laptop and phone are just as important as they were before. You can now send crypto from them, but you still need the physical hardware wallet (which stores your wallet keys) to approve transactions so you have that additional layer of security. Hope that helps!
@@adamventure true dat. Thanks for all your help.
Can you have more than one account on the nano ledger to show your crypto?, bought 1 nano ledger but my mum also wants to use the same ledger too
Yeah if you don't mind sharing the seed phrase, this is generally not recommended unless you 100% trust her
can i send all kimd of crypto !? like Hbar Quant Gala ect.?
thx you
Yes you can! Pretty sure Ledger does all those but you can double check here: adamventure.link/ledgersupportedcrypto
@@adamventure Thx a Lot 👍🏼
Hi Adam, i have the Nano X.. and when i received for the first time, it gave me a public address.. but at the second time it was a total new public address.. is this how thing work with the X?
regards,
Morris
Was that for Bitcoin or Cardano? Those are UTXO blockchains that will generate a new address for you each time you receive some to help with privacy. All the previous addresses still work!
@@adamventure Thanks Adam for your replay!
This new address was for Bitcoin.. glad to know that the previous addresses still work!
regards,
Morris🙂
Hi Adam thank you for your videos. Just a question in min 6:40 you are putting your ethereum address, which you are putting into coin base to send usdc… my question is will that address work for ANY erc-20 token? Say you have hex in your coin base and you want to store it in your nano will you do the SAME ethereum address? Just a bit confused thanks man
You're welcome, glad they're helpful! Yes that's correct - your ETH address will work for any ERC-20 token (which is the vast majority of what Coinbase offers). It should work for HEX as well - heads up some ERC-20 tokens might not show up in Ledger Live, but rest assured they are actually in your wallet on the blockchain (you can use MetaMask or something to access them)
Hi there, could you please assist me with my issue? I’ve got USDT TRX20 stored in my OKX wallet with the recovery phrase (clean party soccer advance audit clean evil finish tonight involve whip action). How do I send it to Poloniex?
Is there any way to save gas fee? You spent $7 fee for $2 USDT transaction. This is no good for beginners or people with low assets. Help us with this please. Thx
From the pinned comment - "Getting a lot of questions about the network fees: yeah it seems bad, but it's actually a flat fee. So I could have sent $1 or $1,000,000 and it would have cost the same $3 or $5." As for your question, your best option is to use an exchange that covers network fees in some way. My favorite one currently is FTX/FTX.US
You are amazing, thx! I will check it now.
Do you know how I transfer my ETH from Nexo to Ledger Nano X…?
Is this possible… ore have I to go over Binance…?
Yes you can do it, pretty similar way to the method I showed in the video. Just hit withdraw on Nexo and put the Ledger address in
@@adamventure
Muchas Gracias.
I will try it with some less $ first.
But the Nexo token I have to change first over Binance…?
@@Wilhelma_Surak da nada, yes always send a test amount first with the minimum amount. And no you can send the Nexo token straight from Nexo to Ledger as well! Make sure you double check the networks tho
I have a Nano S and it only has room for me to install a BTC and ETH wallet, it doesnt have enough free space for me to add a Cardano wallet. what gives with that? the wallet file size is like, 20kb...
Yeah the S has really low storage space, the S Plus and the X have much better storage (100+ apps vs 2-3). If you don't want to juggle apps on your Nano S, then your best option is to upgrade
@@adamventure they aren't cheap though. Granted I bought this nano a few years back, but it still cost a couple 100. :/
@@iamrichlol ah I see, they were kinda pricey back then. You might be happy to hear the Nano S Plus is only $80, while the X is $150. You have a lot better options now!
Blessings and thank you. I need to learn this asap
Blessings always
You got it! I'm glad this was helpful. Blessings to you too
Can you transfer a busd paired asset to a erc20 adress ?
Make sure the asset is on the ETH network as an ERC-20 token, but yeah its trading pair doesn't matter
thank you - I just got my first Ledger wallet and I wouldn't have been able to transfer my Coinbase cyrpto without your help!
That's awesome its a fantastic device! You're welcome I'm glad to hear that this helped you
10 minutes and $5 to receive $1, truly the future of finance right here guys.
Hi, would you mind giving me a hand with my problem? I hold USDT TRX20 in my OKX wallet and have the phrase (clean party soccer advance audit clean evil finish tonight involve whip action). How can I transfer it to Poloniex?
I have crypto in exchange, its mean I need to open and transfer my crypto to 3th party wallet like Metamask and from Metamask 3th party wallet transfer to Ledger? (if Ledge Live not supported)
I only want to get my crypto keys from exchange to the Ladge for a safety reason.. and transfer them back to exchange directly then I need, is that passible without having 3th party wallet?
thanks!
In this case if you do it like I show in my videos, MetaMask = Ledger. There's no need for a middle man
@@adamventure Thanks!
Thank you very much for replying to the various questions on the comments..........I get so much more info from the comments and the replies you make......the video is top notch as it shows both formats with the desktop and phone........being a complete novice to crypto the learning curve is getting straighter the more vids I watch.
I'm glad to hear this video and all my comments helped you out!
i sent MAX assets BTC to ledger nano x desktop. Why did it come up short? Is there a fee for transfer?
@adamventure
@@GrahamDyckSinger yeah you pay a network fee for every transaction. This goes to the miners who keep the network running
Hi when you take money off Coinbase to a Ledger Wallet does that consider a sale of that crypto and do one have to pay taxes. ?
Assuming you're in the US - nope it's just a transfer, you only pay taxes when you trade that crypto for another crypto or USD
@@adamventure yes I'm in the US.
One question u k how in cex u can used bsc/BEP20 to transfer supported fund to a different cex but with less gas fee compare to eth network can you also do that with ur ledger ? Like sending usdc through bsc instead of eth network ?
Yes you can! Just know that it will be on a different network when you go to actually use it, and be careful where you send it
@@adamventure yeah thx u just tryna avoid gas fees
My computer is an older model, is that a risk? Avant.
Valid questuon, but how old?
I got a new computer, but thank you for replying.
Excellent tutorial, thanks. My ledger is arriving tomorrow and not before time with the current situation with crypto exchanges
Awesome I'm glad this was helpful! Good call - better to take control of your crypto
do you have a video on how to send Near to this ledger wallet?
No but its a pretty similar process. The main difference is that you can't use Ledger Live as a wallet, you need to use the NEAR web wallet and hook it up to your Ledger
@@adamventure i see, thx
I have HEX on my MetaMask and I would to transfer o migrate to my ledger do you have a video on that plz
I can make a dedicated video for that! If you watch the MetaMask chapters of my full Ledger setup guide that basically shows the process: th-cam.com/video/44tqG5zacag/w-d-xo.html
@@adamventure
Yes plz ,
Thank you
when I try to send my Cardano and Kusama (and a few others) to my ledger wallet (by going to Accounts/add account on ledger live), it wont show those as options to add? i’ve updated my software
Hmm Cardano should be an available option, have you installed the app? Kusama isn't supported in Ledger Live, only in the Polkadot.js wallet. More info here: www.ledger.com/supported-crypto-assets
@@adamventure How do you install the app? I saw that it was recently supported that’s why I was surprised I couldn’t see it in the search once I updated. The thing is, the Cardono app is on my hardware device but I can’t see it on ledger live
@@RawGuruRecords that's odd, you sure you've updated to the latest version of Ledger Live? It should definitely be available to add
@@adamventure You helped a lot. I went through a bunch of updates the other day and it still didn’t work but I went through again and started updating everything including the hardware and now it worked. Thank you thank you
@@RawGuruRecords ahh okay sometimes the updates don't totally work, glad you figured that out!
Can you store in Ledger Nano X crypto that is staked? I have several crypto in CoinBase that are staked, including ETH/ETH2. CoinBase says I can't trade ETH/ETH2 that is taked and that to earn APY/APR, one must leave my coins with CoinBased. I'm not looking to sell or trade, just store and save in Ledger.
So yes you can! But to clarify what you "stake" thru a centralized platform like Coinbase is not actually true staking. It's basically just fixed term lending your crypto to them. If you want to see what "real" or native staking is, check out my guide on how to stake on Solana. Hopefully that makes sense!
Do you pay gas fees for every transaction? meaning, every time you send from an exchange to Ledger?
Yup that's correct, some exchanges don't charge fees or will cover half the cost like FTX
great video!!! can you receive ETH in Ledger Live via polygon network?
My wife and I have separate exchange accounts on coinbase and kucoin. Can we put everything on one ledger or do we have to have 2 separate ones?
You can absolutely consolidate everything onto 1 Ledger! If you wanted to still have "individual" holdings, you could even have separate addresses on the same device & seed phrase - one for you and one for your wife. Just depends on what you want to do!
Thank you so much for this vid. I was too afraid to do this even though I had both the X&S on my desk for over a year. Much appreciated. Subscribed. I watched the setup vid first then this one and all were spot on. I had a little issue when only my BTC, ETH and Doge synced so I will keep trying to set up ADA but other than that I am super excited to be safe during these challenging times. Now I hope I don't lose the Ledger. LMAO
You’re very welcome I’m happy to hear these videos are helpful! Welcome aboard! Awesome name btw. For ADA you’ll need one of their wallets (not supported on Ledger Live) - I recommend Yoroi. If you lose the Ledger you can just buy another and recover your seed phrase into it. You won’t lose your assets and you’ll just be out the cost of your Ledger
Hey brother, these are super cool ur vids thanks a lot! Does the ledger also support Ada, from Coinbase to the Ledger!? Or the Yoroi or Nami shld suffice. ? Thank u!
@@bagz285 hey man glad you’re liking these! The Ledger device supports ADA but Ledger Live dies not yet. You can connect your Ledger to Yoroi
@@adamventure so if you lose a hardware wallet and you can recover assets does that mean you don’t actually store your crypto on it? I thought you did. Where is it kept?
@@danhat69 this video will answer all your questions! th-cam.com/video/k4Eg1TrNFoE/w-d-xo.html
Can somebody tell me the point of doing this if you buy from a CEX since CEX's keep control of the keys? I'm just learning, but it seems to me that there are no CEX's that allow private keys. Sorry if the question is silly.
Hello Adam. Will transferring my bitcoin affects the price at which I buy it. Like if I bought it at 30k and now it's at 17k. How does this work. Does the ledger knows that I bought it at 30k.
No it does not, it only matters when you buy and sell for USD. Transferring it around doesn't affect that price
@@adamventure Thanks
You''ve got yourself a sub...great video man! Easy to follow. I heard some really negative news about coinbase today..so kind a worry and saw your video when i was about to purchase a hardware wallet. Thanks man!
Thank you boss I appreciate the sub! Yeah Coinbase has had a rough time lately, I don't think they'll go under but will likely see some hardship soon. For example their hiring freeze. They also have been known to freeze users accounts which is why I recommend you move funds out ASAP
I really want to ask why USD being send to Ether account ? I don't have deep knowledge about, so quick one about it. other tutorial state that if the current is different to account currency we are sending the crypto too - the money is lost. I am very confused why you send USD to Ether wallet ?
Great question! I sent USDC, the "USD Coin" token running on Ethereum (ETH), not USD, the US dollar. Other tutorials are likely referring to a crypto interest platform where they sometimes have different ETH addresses for each asset. If you are using the tokens on the ETH blockchain directly (like I show in the video) you can send them all to the same address
I am trying to send CRO crypto from the coinbase platform to my ledger wallet. However every time I paste the address and hit "send" in the Coinbase platform it says that the address is invalid. I've tried multiple times but it doesn't work.
Is someone know a solution about it?
Make sure you're using the right network. CRO is a native coin on its own network, but Coinbase only has the ERC-20 token version of it (so use the ETH app)
@@adamventure ok thanks
I have a question? Ledger gives us the option for native segwit, segwit, taproot and legacy. According to the ledger pop up, taproot is the fastest and cheapest, then native segwit, segwit and legacy. Being native segwit the “best overall”. Which one should I use if I am transferring from Coinbase and do I need to keep the ledger connected to the computer while the transaction is in process or it is just to generate the address in the desktop? Thanks
You should use native segwit because pretty much everyone else (including Coinbase) uses it. You don't need to keep the Ledger connected after you generate the address, that's all you need to transfer crypto
Hi, Thank you for the helpful video. Question: how to see transferred coins in ledger live from ledger nano X device?
You're welcome! You can't see it on the actual device. Remember, the coins are stored on the blockchain, not on the Ledger itself. Only the keys are stored on the physical device
This looks so complicated but I have to learn..a very important question, can I use my phone or any computer? Lets say a family member or is it forever bound to the same computer?
It's a little complicated for sure, new technology starts like this and gets better over time. And nope you can put it on any computer! You'll need to set it up again but you can use as many as you want
Getting a lot of questions about the network fees: yeah it seems bad, but it's actually a flat fee. So I could have sent $1 or $1,000,000 and it would have cost the same $3 or $5.
Not quite the bite-sized video I thought it was, but I wanted to include all the tips and tricks! Let me know if there's anything else you'd like to see
@@leilaadl5601 wow yeah that's a ton, gotta go thru and block them all. Thanks for the heads up!
I don’t get it u sent 1$ and they charged you 5$ for the transfer? How does that work… I’m new to using ledger so I don’t quite get it yet… where do they get the payment of 5$ from if u only sent 1$??
@@mannyfreshnine54 not sure if you saw the pinned comment: yeah it seems bad, but its actually a flat fee. So I could have sent $1 or $1,000,000 and it would have cost the same amount. They take the fee out of your current balance, so you'll need more than what you want to send in your account - I had around 40 USDC I believe. Hope that makes sense!
Can u tell me why I don’t have the arrows icon at the bottom of my coinbase app? The one you would click to send crypto? Or was it updated and now it’s a different button?
@@mannyfreshnine54 yeah looks like they moved that to the Home screen, left icon on the bottom
Hey there..I have a question. If I only have crypto on my Uphold network of Shiba Inu, do I add Etherium network to transfer the coins? I understand that I would first need to sell the Shiba for USDC *(a stable coin), correct?
That's partially correct, you actually can send your SHIB straight to the ETH address on your Ledger. SHIB is an ERC-20 token and runs on the ETH network
@@adamventure thx u. I'm very new and appreciate your time and attention to detail. After sending SHIBA to my Ledger X for ETH, what's the next step to sending physical fiat to my bank?
@@debbiepayne3925 you'll need to send it from your Ledger to an exchange that supports fiat like Binance, FTX, Coinbase etc. I created a video for this as well: th-cam.com/video/tC3Pgdw7Zn4/w-d-xo.html
@@adamventure thx so much! Would KuCoin be ok
@@debbiepayne3925 yeah you could use it, but you'll still need a platform that can send fiat. So I would use one of those directly, as most take SHIB anyway
I'm new to this so can you help me understand the fees. Did you pay $5 fee to send $1?
No worries! Yes you got it but it's a flat fee, I could have sent $1 or $1,000,000 and it would have been the same $5
@@adamventure thank you for educating me on this topic. When you put it into perspective it's actually a reasonable fee
@@Akeem_768 yes exactly! Especially when you can send that anywhere in the world in nearly an instant - that's a major plus for crypto
What if you send to a wallet that is not connected or offline, would it still go through
Yes it will! Crypto is stored on the blockchain, not on the device itself. Only the keys are stored on the device
When setting up my initial bitcoin account and it searched for existing accounts, there were multiple options, segwit, native segwit, legacy, etc. I'm wondering if these differences actually matter when deciding which account to send your bitcoin to.
Yes they do, generally you want to stick with native segwit since that's what the vast majority of platforms use
Since you mentioned that the crypto are stored on a Blockchain, how are you transferring to the hardware wallet?
This video goes into that a little more: th-cam.com/video/k4Eg1TrNFoE/w-d-xo.html
Hi, thank you, you are amazing. Question, on this hardware, can you lower your buy and sell prices? As you can tell, i'm new.
Thank you for the kind words! Not sure what you mean, but if you're trying to trade then that's not something done easily with a hardware wallet
After buying crypto on Coinbase, should I move it to a Coinbase wallet before I send it to my Ledger Nano X?
No need! Coinbase wallet is just another form of software wallet like Ledger Live - which is basically a user-friend interface for your Ledger hardware wallet. You can send it straight to your Ledger address
Wait I’m lost. Does the crypto still grow after transferring?
Can you send crypto directly from your broker's site as a withdrawal to your ledger device instead of sending it to an exchange first?
Yes you can, your broker is the same as an exchange so you can go straight from there to your Ledger
I'm new at this. I have a Trust Wallet linked to a qstellar ledger. Still confusing for me. How to transfer my XLM over to Nano S Plus Ledger. I'll watch your video again. ❤❤❤
Please, explain to me, how many tokens can be received on 1 Etherium account??? I tried another one on my new Nano S plus, and it never came to me?????!!!! I copied the same adres. Do you know where i can find my crypto maybe????? I really do not have a clue
They should be there if you sent it to the right address, you can store an unlimited number of tokens! You can check what's on your address here: etherscan.io/
Can you still lose money on the ledger if the crypto crases
i thought you can only send eth on eth wallet?.... i didnt know u can send usdc or other crypto to eth wallet....im confused, help...
Nope you can send any ERC-20 token to your ETH wallet! That's the reason ETH was created after Bitcoin - to enable a whole ecosystem beyond simply sending and receiving. If you do want to do this, make sure you're on the right network and send a test amount first!
@@adamventure thanks....whats the difference or purpose of me sending usdc to usdc wallet vs sending usdc to eth wallet....why, another example is MATIC, i can just send it to matic wallet...why send it to eth wallet.... thanks in advance...im learning...
@@channelgreen5949 so if you look at the addresses on your USDC wallet and ETH wallet, you'll find they're the exact same. The reason you might want to send MATIC to ETH or vice versa is to use in defi, you might get high rates on some dapps
@@adamventure i just checked my wallet address on coinbase for usdc and eth...theyre not identical...?
@@channelgreen5949 oh I was talking about on your Ledger addresses, the exchanges do it differently since its at scale
GREAT VID
How do I send crypto from my trust wallet witch is on my phone to my ledger?
You'll need to transfer it to the new address generated by your Ledger on Ledger Live
@@adamventure but my trust wallet is on my phone not my computer. Can I copy my ledger address from my app on my phone to another wallet on my phone?
@@califriedchicken6195 yes exactly, you can copy it from Ledger Live mobile into Trust Wallet. Similar to what I showed with Ledger Live and Coinbase in this video
@@adamventure cool. Everything I have is on my phone so my using a laptop would be a nightmare.
Question. Can I send crypto to my ledger wallet address even if the wallet is not connected to ledger live app? Or must the wallet be connected at time of transfer? I'm new with a cold wallet, just learning. Thx man! Great videos.
Yes you can because crypto is stored on the blockchain, not on the actual device!
@@adamventure so the transaction is on the blockchain and would show up in my ledger live acct. the wallet just has the keys to access it. So even if I lost my wallet, as long as I have the seed phrase I could access my crypto from a hot wallet. Correct? Thx for the help!
@@BrettChila1928 that's exactly right, you got it!
@@adamventure if crypto is stored on the blockchain why do we need wallets? Thanks
@@miki_i the wallets contain your keys that you need to use your crypto, like sending coins out from it, staking, DeFi, etc
$5 fee for a $1 transfer? It’s like selling your assets for a loss. How much do you think you’ll pay for fees assuming you have about $10k assets at CB all using eth network or are erc tokens?
See the pinned comment: "yeah it seems bad, but it's actually a flat fee. So I could have sent $1 or $1,000,000 and it would have cost the same $3 or $5."
Can you buy Bitcoin from FTX and copy bitcoin ledger wallet to send too?
Yes you can, just follow the same steps but get the address from FTX
@@adamventure Nice thanks, I found on FTX I have a order limit of only £2000 daily, I'm trying to find out what the order limit is on Binance, would you know of any daily limits of how much can be purchased on Binance?
@@frankjaeger393 that's odd it should be much higher. Have you checked your account verification status? That might affect your limits. Sounds like you're in the UK which has a different version that what I can use in the US, so I'm not as knowledgeable. Binance would be another solid option if FTX doesn't work out, those are about the only 2 I would trust right now
@@adamventure Verification all fine, yes I'm in UK, £2K limit daily. I have Binance I can't find limit on how much can purchase at one time.
@@frankjaeger393 might be 147k GBP: www.binance.com/en/support/announcement/e061b3fc76af45348b1334e6e763b396
Good day Adam thank you for your videos. question i would like raise. I have bought the nano x and i have crypto on different blockchains. if would like to "transfer " to the nano. Do i use a seperate account on the nano x for each blockchain? awaiting your reply
Hey glad I can help! You can use the same seed phrase for multiple blockchains, and also have multiple addresses on a single seed phrase for each blockchain. Hope that helps!
Hey Venture, do you have any idea why my meme coin isnt going through when sent from coin base?
Thank you very much Adam. I have just bought a Ledger and I was struggling with sending 1Inch to my ledger (ETH) folder. Now I have been able to do it perfect and smoothly.
WHEN MOON?????
You're welcome Fran glad it was helpful! Happy to make videos on anything else like this. SOON MOON (I hope, but realistically probably another year, maybe two)
Hi
I can't close or send the trade inside my wallet. Any ideas?
Hi,
Once the crypto is on Ledger … Is it sitting there stable ? Or it’s going up and down like the Coinbase ? I see that on Ledger it shows that it’s going up and down … please explain ….???? Or make a video about this pls … I really appreciate all your help with this video .. Thank you .
No it fluctuates in price just like any other asset. 1 BTC always = 1 BTC no matter where it is, and you can send that to any exchange to get the current market price for it. It's like a stock, where 1 share of Apple is pretty much the same whether you're on Fideltiy, Robinhood, Vanguard, etc. Hope that makes sense!
@@adamventure
Ok … example , my XLM that is on Ledger now for 3.00 will fluctuate so it the market goes to zero on this XLM then I loses the $ all that 3.00 I have in Ledger . I tough that Ledger is like a bank - once $ is there is will not fluctuate - I’d there a way to make it like that while $ is on the Ledger wallet ?
@@rolllady no unfortunately that's not how any investment works (neither securities or commodities). Only thing that doesn't fluctuate much are stablecoins pegged to fiat like USD, but then you don't get the upside. You can't have your cake and eat it too
Hi Adam can your crypto be hacked on a exchange like Bybit if you have a ledger device
Yes the exchange can still be hacked because they have full control of your crypto. You'd need to transfer it to your Ledger device to secure it
Thanks for getting back to me and for the advice
Adam if i have my etherium on the ledger cold storage does it still go up or down in value
@@davidwakelin2513 yes 1 ETH always = 1 ETH, so you can transfer that pretty much anywhere to get the market value
Thanks your videos are very professional you make it look so easy 👍
Say I've added some coins to my ledger but I don't remember what coin it is, I noticed you have to 'add account' in order to see your assets. How do you see all your assets on your ledger without doing the add account thing.
Do you at least remember which network you were on? I'd plug your address into the respective network explorer (like etherscan.io for ETH) which will show you all the tokens on your address at the bottom
@@adamventure If I click add account, then btc network, it will show my current accounts in the btc network and let me create new ones, I was wondering if I had coins on like 10 different networks such as ALGO or DOGE it could be a hassle, I supposed I should keep track of those coins that have their own network. however, it seems like most altcoins are on eth network anyways.
@@m4k488 I got you, yeah Ledger has to build support for those in order to track in Ledger Live. Like you said they mostly do eth tokens. The others you'll need to track on your own
can you buy directly on the ledger without exchange
Yes you can with the buy/sell option in Ledger Live but you'll potentially pay a lot in fees. Exchanges will give you more bang for your buck which is why I recommend it
I'm sending some crypto to my Ledger Nano X, the exchange says it may take up to 24 hours. Do I need to keep ledger live running and the Ledger drive connected until I received the transfer? Or I can unplug ledger and close Ledger Live?
Nope it's all done over the blockchain! It's not going to the actual device - only you keys are stored on it. Your assets are stored on the blockchain. Think of it like getting mail delivered to your mailbox, you don't always have to constantly watch a mailbox to receive mail, but to access your mailbox you'll need your mail key (your hardware wallet)
it costs 3 dollars to send 1 dollar was that correct? Do the banks have to use Eth network when they send USDC around the world does not seem optimal if the fees are so high, thanks for showing
if anyone knows how to do it with cardano (to ledger nano s) please let me know.... When it asks to confirm an address, you get a "spending path" message....not sure what this means as I have received BTC and Ethe with no issues...and it laways displays the address and not that spending path message. Only happens with CARDANO
I assume you’re doing this on Ledger Live with the new Cardano support? You can just click thru the spending and staking path, you just need your address and it’s a very similar process to what I showed in the video
i am still so lost after watching numerous videos. Bought a ledger , set it up, but I do not understand the transfer process and related fees. Seems so simple to an old timer like me until its time lol
I feel that crypto can be very confusing! You're transferring crypto over the blockchain, which is a publicly run system (not internal like moving money from your bank's checking to savings account). In order to compensate people running the network, they're incentivized with a fee on each transaction - think of it like how we're taxed on every day things to help keep our government running. Hope that helps!
Hello Adam,
I sent 1.0 ETH from coinbase to my ledger S on september 1st 2022. It cleared from coinbase and still not showing up on my ledger to this day 9/11/22. I've been using coinbase and ledger since 2017 and never had this problem until the polygon intergration with coinbase .
Now my ETH is wETH on polygon network scan and i'm not sure how to send it to my ledger. I'm sure other people have the same issues. Would you be kind enough to make a video solving this issue? i'm sure i'm not the only one LOL
Sounds like you chose to withdraw ETH on the Polygon network instead of the ETH network (probably because it has lower fees). You can just send it back to Coinbase on the Polygon network, then send it to the ETH address on your Ledger on the ETH network
@@adamventure how do I send it back
I have never interacted with polygon network. And yes I chose it because of Lower fees
@@simonkariuki5821 I have a Polygon network guide, but it's basically the same as using the ETH on MetaMask. Polygon guide: th-cam.com/video/8M8hNT5OVgs/w-d-xo.html
You're a super hero dude!
Haha thank you man that this is helping you!
If shiba will have its own blockchain in the near future and I still have my SHIB tokens on ledger being ERC20 based on ETH, will I lose them or will it not be an issue?
If SHIB is moves off the ETH network, there will likely be a bridge to manually move your SHIB tokens onto the new network. If you do nothing, they will probably stay on ETH and you wont lose them
@@adamventure wow okay great to know. Hey thank you so much for your response and the helpful videos.
@@djp8795 you got it! Just a heads up that's the most like scenario if it happens, but we wont know for sure until it does. You're welcome glad I could help clear things up!
Thanks for the video! One thing that always struck me is the fact that nobody ever shows a wallet with tons of money on them! That speaks volumes!
You got it thanks for watching! Rule #1 of money: never show how much you actually have. It paints a target on your back. That's why I use dummy accounts
Thx for video. What about Tangem? Any experience or thoughts ?
It looks like a really cool type of hardware wallet! No experience with it, but it looks like its mobile only and you need 1 card per network. I'll probably stick with Ledger but definitely at least want to try them out
@@adamventure It'll be coool!!! I'm waiting for your so informative video abt Tangem Wallet as always!
How come you consider 5$ transfer fee acceptable for transaction of 1USD?
I talked about that in the pinned comment: "Getting a lot of questions about the network fees: yeah it seems bad, but it's actually a flat fee. So I could have sent $1 or $1,000,000 and it would have cost the same $3 or $5."
@@adamventure I have a different question about fees. I thought every single time I move cryto out of an exchange to a cold wallet, I would need to pay gas fees and /or a percentage of whatever I am sending. So are you saying it will just be about $5 no matter how much I take off of an exchange and put in a cold wallet such as Ledger?
@@ashley1400 some exchanges charge less in fees like FTX covers half, and the network fees themselves can vary a lot ($3 vs $5 in a ~20 minute span as you saw in the video). But generally yes that's correct
great tutorial thanks man. quick question, i had a bunch of btc and eth, and bought some more today before I set up my ledger. All of my ETH was able to go through, including what I bought earlier today, and most of my btc went through, but it seems like what i bought today isn't available to send yet. Any thoughts as to why the eth could go through but not the btc? thanks!
You got it boss, glad it helped! Check your instant send limit, you may have used all of it up on your ETH withdrawal and might need to wait until tomorrow or your funds settle
hi man, thanks for the video. I'm planning to get one but curious about the wallet. Just incase my seeds on wallet is missing but still accessible, will i be able to create a new wallet (new seeds) on the same hardware device?
Yes you can!
When do you use the 24 word pass phrase? I’ve sent money off my ledger to online wallets and have never had to use it
Only when recovering a wallet, its not a day-to-day thing
Great video. Really appreciate it 👍🏻
Thank you I'm glad it was helpful!
Can theta be added to the Leger. I dont kno wat network theta is on
I just bought a nano s plus. I know I can add as much crypto as I want to this and daily if I wanted to but I was told I should only withdrawal one time from a cold wallet back onto an exchange to sell and then the cold wallet could be potentially compromised and should never be used again. Is this true?
Nope you're still safe, that will not compromise your wallet and you can move funds in and out as you like. Whoever told you that was maybe thinking of staying anonymous with an address, but if you're sending crypto to your Ledger from an exchange that would link that address anyway
Great video and great presenter
Thank you for the kind words!
Future of finance... Myspace springs to mind
Execelent video!
Thank you Michael I'm glad it was helpful
Hi Adam
I have a question. I have some losses in ADA in Coinbase. If I want to transfer my entire ADA crypto to Ledger Nano X. What will happen to my losses? Is it the same thing as if you sell crypto with losses? Thanks
If you mean the USD/fiat value went down, then nothing will happen, and transferring does not incur a sale (or a taxable event). 1 ADA = 1 ADA no matter what its USD/fiat price is, so I would look at it that way
What is is Native Segwit?
Its one of the Bitcoin networks, pretty much the standard one that most platforms use
@@adamventure Thank you so much! Your videos have been so helpful in setting up my Ledger Nano X. Your step by step tutorials a wonderful. I am sharing with my family/friends.
@@misscarmen491 you're very welcome! Glad to hear those videos have helped to get you set up. I really appreciate you sharing too!
Do you actually need your nano ledger to receive crypto? In other words say I’m at work… and I don’t have my ledger… but I know the address for which crypto I want to receive on my ledger.. do I physically need to have my ledger in order to receive crypto from someone or an exchange
No you don't, you are correct! Crypto is stored on the blockchain, not on the device itself so all you need is the address to receive it
Amazing!!! Great video! So ,I guess this is same way one can transfer from any crypto exchange platform to ones Nano x ledger?
Why did you send usd to eth ?
Just trying to learn here
Great question! I sent USDC, the "USD Coin" token running on Ethereum (ETH), not USD, the US dollar. Hope that makes sense
How would you go about moving crypto that’s not on the list on ledger live? Can you add it manually somehow?
Great video. Thanks.
You're welcome!