Is it Safe to Connect a Crypto Hardware Device to a Web 3 wallet? 💡Yes it Is Safe & Smart! 🔐🌐

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  • เผยแพร่เมื่อ 3 ส.ค. 2024
  • In this video, I address a common concern about connecting your hardware wallet to a web 3 based wallet. Many people worry about putting their hardware wallet at risk, but I'm here to explain that you're actually enhancing the security of your web 3 wallet by managing your private key on the hardware device. Remember to always ensure you're not connected to any malicious websites and mitigate risks by using a secondary hardware device for smaller amounts of crypto. #CryptoSecurity #Web3Wallet #HardwareWallet
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ความคิดเห็น • 46

  • @farhangul1025
    @farhangul1025 26 วันที่ผ่านมา

    This question is not on topic, I have an OKX wallet with USDT and a seed phrase for it (head isolate sound end kit industry choice festival limit stable dolphin derive). How can I transfer them to binance?

    • @CryptoDad
      @CryptoDad  26 วันที่ผ่านมา +1

      Anyone that reads this comment should realize that this is a scam. This person is pretending to reveal their seed phrase. What you don’t realize is that this wallet is what they call a multi-sig wallet or a multi signature wallet. There is no way to move crypto out of this wallet, unless you have, all of the required keys (usually two of three). So what’s going to happen is you use the seed phrase to restore into a wallet and try to empty it. You will be unsuccessful and so will attempt to put a little bit of Ethereum or Tron into the wallet for Gas fees. You will soon discover that this is a black hole because you won’t be able to move anything out without the other key. It’s really a small time grift We’re only talking about pennies here, but this is a pathetic jerk that wants to collect your pennies. DON’T FALL FOR IT!

  • @CryptoDad
    @CryptoDad  27 วันที่ผ่านมา +1

    🔐 Connecting Your Hardware Wallet to a Web 3 Wallet 🌐
    Don't worry about putting your hardware wallet at risk! By managing your private key on a hardware device, you're actually making your web 3 wallet more secure. Just ensure you're not connected to malicious websites and consider using a secondary device for smaller amounts of crypto. Stay safe and secure! #CryptoSecurity #Web3Wallet #HardwareWallet

    • @mtnvortex
      @mtnvortex 27 วันที่ผ่านมา

      Honestly, I would be a bit more concerned with the fact that it is a Ledger. If I understand correctly, Ledger itself actually has access to the seed phrases of customer wallets...unless they've changed something that I'm not aware of.

    • @CrownedWithGlory1981
      @CrownedWithGlory1981 27 วันที่ผ่านมา

      ​@@mtnvortex I wouldnot put ANY trust to Ledger. Theyhave stolen many cryptos from their customers. Speaking of experience

  • @LeeceeHumphrey-ui6se
    @LeeceeHumphrey-ui6se 25 วันที่ผ่านมา

    Kudos to the team for Vematum's comprehensive ecosystem. Easy 50x soon.

  • @Letssendit
    @Letssendit 27 วันที่ผ่านมา +2

    Super attention to detail.

  • @Shoda10
    @Shoda10 27 วันที่ผ่านมา +3

    Wow! I would never have imagined that a question of mine would end up as the main topic for a video, lol
    PS: Thank you so much for clarifying my doubt Rex 🤝

    • @CryptoDad
      @CryptoDad  27 วันที่ผ่านมา +2

      @@Shoda10 😀

  • @JamieCourtemanche
    @JamieCourtemanche 25 วันที่ผ่านมา

    Vematum’s ecosystem is exactly what the crypto space needs.

  • @moiremoi3314
    @moiremoi3314 27 วันที่ผ่านมา

    Hello Dad! Is it the same procedure to connect a Kington pro 3 to a website three to do Stacking for example with Ethereum? THANKS

  • @NadiaVenice-gu1qi
    @NadiaVenice-gu1qi 25 วันที่ผ่านมา

    Major CEX listings incoming for Vematum, lock your position now before its to late..

  • @LMKK10
    @LMKK10 27 วันที่ผ่านมา

    When will you do the Trezor 5 tutorial?

    • @CryptoDad
      @CryptoDad  27 วันที่ผ่านมา +1

      I got a shipping alert last week that my Trezor Safe 5 Bitcoin-only edition has shipped out. I should have it early next week, hopefully.

    • @LMKK10
      @LMKK10 27 วันที่ผ่านมา

      @@CryptoDad Awesome, I just got mine last week and was going to setup, but thought it’d be better to wait for your tutorial and be safe.

  • @danielberrisportshighlight5851
    @danielberrisportshighlight5851 27 วันที่ผ่านมา

    Yo

  • @leroyessel2010
    @leroyessel2010 27 วันที่ผ่านมา

    There is no need for external device with ICP considering it doesn’t use 3rd party centralized computer cloud that can easily be censored by hostile Central Banks who have the best governance money can buy.

    • @CryptoDad
      @CryptoDad  27 วันที่ผ่านมา +2

      @@leroyessel2010 you can also use your hardware device to secure your ICP wallet as well. I have done it. There is an ICP app in Ledger Live that you can install on your device.

  • @rimbadirgantara6960
    @rimbadirgantara6960 23 วันที่ผ่านมา

    hello, can you help me?
    I have moved my bitcoins to electrum wallet
    I saved the seed phrase and perfected the wallet
    When I restore the wallet using the seed phrase it says bitcoin 0 and the history is clean, how do I get my bitcoins back?

    • @CryptoDad
      @CryptoDad  23 วันที่ผ่านมา

      There's really not much I can do to help you. It sounds like you have restored the seed incorrectly here. So either you wrote it down incorrectly, or you restored it incorrectly. I would go back and double check and try to do the restore again. You might also inspect your word list against the official bip39 word list and make sure that all of your words are on there. Perhaps you transposed a few letters or accidentally wrote a word down wrong. github.com/bitcoin/bips/blob/master/bip-0039/english.txt

    • @rimbadirgantara6960
      @rimbadirgantara6960 23 วันที่ผ่านมา

      @@CryptoDad hm, actually this is my fault, I entered the wrong seed phrase then transferred my coins to that address :v
      by the way, Thank you for responding

  • @IdentifyAsMu
    @IdentifyAsMu 27 วันที่ผ่านมา +1

    Hot wallet is an oxymoron...at least from a cook's perspective. Rant away Rex...just be ready for the $12k BTC. Or not. 😳

  • @blackfiree91
    @blackfiree91 25 วันที่ผ่านมา

    If your viewers don’t know the answer to this- they don’t understand the purpose of Bitcoin. And since you spread alt coin scams- neither do you. 😂😂😂😂😂

    • @CryptoDad
      @CryptoDad  25 วันที่ผ่านมา +1

      @@blackfiree91 Careful… your cultish Bitcoin maximalist views are showing. If you believe that Bitcoin is the only application of the groundbreaking blockchain revolution, you need to do some more research. That is like saying we should all be driving Model-Ts around since no technology can be improved upon.

    • @blackfiree91
      @blackfiree91 25 วันที่ผ่านมา

      @@CryptoDad LOL blockchain is not the impressive technology. You have deluded yourself into believing that alt coins have a purpose. Thats like trying to say a an hourglass is best used as a salt shaker. Its a freakin stupid argument.

    • @blackfiree91
      @blackfiree91 25 วันที่ผ่านมา

      @@CryptoDad Hey Mr dad sir. Lets go check on your JUP coin that you pushed to all your viewers. BAHAHHA NOW YOU'RE ALL POOR CAUSE YOU HELD TOILET PAPER.

    • @CryptoDad
      @CryptoDad  25 วันที่ผ่านมา

      @@blackfiree91 I made a video on how to claim a FREE JUP airdrop. I have no regrets. Just because the market is down does not mean that these tokens are worthless. SOL itself is way off its highs but still has long term potential. If you don’t see the potential in the Solana ecosystem (high speed transactions and low fees), then I feel sorry for you. Try again troll 🧌

    • @blackfiree91
      @blackfiree91 25 วันที่ผ่านมา

      @@CryptoDad solana is massively centralized- has no credibly enforced security AND has been hacked multiple times. YOU SERIOUS????

  • @Ninurtha1
    @Ninurtha1 27 วันที่ผ่านมา

    Give it man . No one is interested in cryptos or Bitcoin . Period

    • @salsiboy16
      @salsiboy16 27 วันที่ผ่านมา +1

      You rock crypto dad ! An inspiration for all much love from Venezuela. Please keep at it !

  • @RoxanneRoxanne-ru4gp
    @RoxanneRoxanne-ru4gp 25 วันที่ผ่านมา

    Vematum’s ecosystem is exactly what the crypto space needs.