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I just bought Trezor Safe 3 and was trying to set it up but I'm unable to download Trezor suite app on my laptop, please can I use Trezor suite for web to set it up?
I like the look and feel of the Trezor Safe 3. It's like the old Trezor One modernized. And considering their biggest competitor is Ledger, I would absolutely suggest Trezor over Ledger. Just my personal opinion.
I have watched 3 tubes on how to use the Trezor 3 but no one has told me how to deal with coins other than the ten or so that one initially can load. So how do you send and receive coins that are NOT one of the 10 that come with the Trezor 3. Someone said to use the ETH mainnet but I don't know how to navigate to other coins from there. p.s. Other than that, your explanation is the most thorough. Tnx R
Although CryptoDad does good explanations the number of wallets being produced is a whole new industry. Everyday there are numerous TH-camrs promoting the latest wallet. So many wallets and of course they are all wonderful. The presenter always insists there is no financial deal but says he/she was kindly sent the wallet by the manufacturer and there is a wonderful discount if you quote the presenters code. As soon as the viewer has decided "this is the wallet for me" because the presenter was so enthusiastic about it the presenter enthusiastically presents the next wallet and then the next wallet. Leaving the poor viewer confused and wondering if he really has the best wallet. It's a booming TH-cam business. More and more wallets. More and more presentations. More and more views. More and more advertising revenue.
I understand everything you're saying here. I try to do my best to give a fair evaluation of every wallet that I review. I try to avoid things like "best crypto wallet" in the title. You are right! there are a lot of wallets in this space because there are a lot of people trying to find the right wallet to custody their crypto. And yes, it is confusing. Crypto is a difficult concept to wrap your head around. I would hope that most people would watch several reviews before making their decision and base their purchase on their particular needs rather than the advice or recommendation of youtubers. I just posted a video about this subject matter. This was taken from my live stream on Saturday night: CryptoDad: Why 'The Best' Crypto Wallet Varies. A Call for Personal Judgment in Crypto Security: th-cam.com/video/GV12sb7MYj8/w-d-xo.html
@@CryptoDad Thanks. I'm not trying to be difficult and I realise you're doing your best. Each wallet tries to tell us how secure they are and how they are air-gapped etc. The interesting thing is it seems none of them have ever been hacked and it is usually down to the mistakes made by the user that leads to losses. So it would seem the simpler the better. Tangem 2 seems to fit this bill.
Why did a screen pop up saying your device may me compromised if it was brand new? I read stories for people buying trezors thinking that they were new and when they added funds, they were drained
Great video! A word of warning: in some currencies like Bitcoin, if you make frequent purchases for low amounts, your wallet will have a lot of UTXOs, and the day you want to move them the transaction fee may be really high.
I am a beginner to Crypto. Bought my 1st Bitcoin using coinbase. Ordered the Trezor Safe3 today, will ship mid Jan '24. Looked on YT to learn and came across your channel. Thank you so much for making it easy to understand and follow. Can't wait to get the hardwallet and use it carefully. Sub'ed to your channel.
🌐 Just explored the Trezor Safe 3 - your vault for digital treasures! Covered everything from unboxing to crypto transfers. 📈🔐 Check out the full demo for insights on securing your assets with this cutting-edge wallet. Share your thoughts and experiences below! #TrezorSafe3 #CryptoSecurity
@CryptoDad I just bought Trezor Safe 3 and was trying to set it up but I'm unable to download Trezor suite app on my laptop, please can I use Trezor suite for web to set it up?
When I transfer Bitcoin or ETH to this wallet, are the BTC or ETH identified as being received on a specific chain? For example, if I transfer BTC on the BNB Chain network, will it be recognized as part of the BNB Chain upon receipt, or will it remain an independent token not tied to any particular blockchain network? If it indeed receives BTC specifically on the BNB Chain, what would happen if one day the BNB Chain collapses? How would I be able to convert BTC to fiat currency under such circumstances? Thank you for taking the time to read my question; I greatly appreciate your response.
Amazing video. Only one question? So lets say i have solana in my trezor safe 3 and what to convert to usdc. Can i just send my sol from my trezor to lets say NDAX(a canadian exchange crypto) and then on that exchange i can sell for canadian dollars then buy usdc and send those usdc back to my trezor right? And same thing other way when i would like to buy back sol i just resend those usdc sell for CAD and buy back sol and send it back to my trezor?
That is correct. Probably a better way for you to do that conversion than the built-in swap interface in Trezor suite. Trezor Suite has some built-in buy and sell options, but they use third-party payment processors that are usually based in Europe and may have higher fees and quirky laws related to AML or anti-money laundering. You’re much better off converting your coins on a local exchange that you trust.
Very good in describing how to set up a new Trezor 3 and how to transfer crypto from Paypal to it. A bit confusing regarding the transfer of crypto from tangem to Trezor. Would have been good if he'd showed how to transfer crypto from hot wallet to Trezor.
Can somebody buy 2 and Have 2nd as Identical Back Up…But NOT DOUBLE BTC Just A 2nd Back Up Use Same Seeds Etc? Or HOW TO DUPLICATE And Have A BACK UP HARDWARE DEVICE? Thanks For Any Info. 👍
Did i understood that? The Bitcoin transfer fees showed from Paypal to the Trezor was nearly ~9% of the amount Bitcoin you sent. Thanks a lot for this helpful video.
Yes, you saw that correctly. But Blockchain fees are not based on straight percentages. They are based on the network activity. So they could be higher or they could be lower depending on the network activity. They also vary greatly based on the amount. So for example you could send 1000 dollars worth of Bitcoin for just a couple of Bucks and then try to send $100 worth of Bitcoin and it will cost you $5. When network activity is high, Bitcoin blockchain fees are high. It's just a fact of life. They're working on scaling it and the best option we have right now is the Bitcoin Lightning Network. But even that is complicated to use and you have to pay large fees just to get your Bitcoin into the network. So it's kind of a catch 22.
quick one! for the secret passphrase do you have to interact on the keyboard like the old model one? or everything on the device? make or break decision for many. appreciate the answer.
Hi crypto dad, I've watched this video a few times, my question is, when you have set up everything and now want to deposit BTC does it give you an option of a legacy or a segwit address. I'm not sure how I would find your answer to that question?
What is the point of having Air Gap PC when initially you must connect to internet and download Trezo Suit (risk) and then in order to shift and do things to connect to third parties (risk)?
Not sure if you are still answering questions here, but this would be helpful to know this. Does this cold wallet accept all Erc 20 tokens and not just Ethereum? Like coins we can swap for on Uniswap, volt Inu is a good example? Do I need to manually put the volt address into the wallet or will it automatically go in since it is an erc 20 token on the Ethereum blockchain? Thanks
The Trezor Suite does not have a mechanism for adding support new erc 20 tokens. You're simply going to have to wait for them to add support for a token. However, you can connect your Trezor device to metamask. Using meta mask, you can import custom tokens using their contract address (such as volt inu). I have a video on using a Trezor device with Metamask. How to Secure Your Metamask Wallet Using a Trezor Hardware Device: th-cam.com/video/rBjT3553YUE/w-d-xo.html
@CyptoDad Thanks, Excellent Video!! I am going to get one. Just one Question. Am I able to sell my BTC into stablecoins, USDT for example directly one the wallet or do I have to transfer it back to the exchange to sell it there?
Hi Your video is very clear step by step guide line. Thank you so much. Can Trezor safe 3 store BNB chain tokens and NFT? How we transfer to those hard wallet stuffs from hot wallet ( Metamask )? Maybe you can make new videos about it will be appreciated. and Last question is Kraken exchange is available to Us customers? Again Thanks
Sir-great video ! a Question pls-I just bought a Tree 3 same as this - I have iPhone 11 and a MacBookAir- the Trezor connecting cable does not fit either of them. SO i need an adaptor or a new Phone or Laptop?? Thanks for the info
Well, the Trezor safe three is not compatible with an iPhone. So there’s no way to connect it. Your MacBook Air should have a USB-C connector surprised it doesn’t. According to the specs on Apple.com there are two thunderbolt ports. The cable that comes with the Trezor safe three should fit these. Actually, I take that back. The cable that comes with the Trezor Safe three is USB-A to USB-C what you need is a USB-C to USB-C cable you can pick one up from Amazon on the cheap.
Nice video! I just have a question. If I have a bitcoin-only firmware in my hardware wallet, Can I trade my bitcoin to Tether and store it in my Trezor?
It says online supported coins and tokens online type 3 I can send and recieve USDT, is there a different address for me to give to someone for every different crypto? The address I am given is just for Bitcoin when I load and start Type 3 for the first time? Is this true??? If they sent another crypto to the only address I am given, will it just be returned and considered a failed trade?
One problem with Trezor Safe 3 . The cost is €79 but Trezor are using expensive Courier only services to deliver it costing something like €15 euro for me . Nearly 20% of the cost !!! They have no low cost delivery option . It could easily be put in an envelope and delivered using normal post costing a fraction of the cost of using couriers . Why is this option not available ?
I just set up my Trezor 3. It has several coins already listed but how do I add new accounts not listed? I want to add XLM but there is no option to add anything not already listed and there are only like 6 coins listed.
Hi, Does the Trezor Safe 3 work with the iPhone 15 ? Now that on this device Apple support USB C connector ? Or the Trezor only works on a PC ? Thanks ! ☺️
Does Trevor Suite work on an iPad…and can you have multiple wallets of the same Crypto on one device? Such as a larger amount of ETH in one wallet and then another amount in a different/separate wallet that I am saving for a different purpose?
Merry Christmas CRYPTO DAD - Love your work and video. God bless you and your FAMILY in 2024. I really believe we will see a nice run up in Crypto over next 12 MONTHS. THANKS FOR ALL YOUR EFFORTS, PAUL
Thank youu for the info. My only question is, do you still trust ledger? I have only use ledger in my entire life? But recently rumours about ledger make me feel very nervous
I'm in the same boat. He already did videos on this that you can find. He basically said dont keep all your coins in the same place. Maybe have 2 or 3 wallets to be safe.
Can somebody please tell me how to transfer BTC from the COINBASE Wallet to a Trezor wallet? Do I need to go back to COINBASE exchange first? Should I use the Trezor mobile app to go from wallet to wallet or use the desktop extension? I’m confused. And It seems very expensive.
A quick question: is there any way to double check your 12-word seedphrase as opposed to the 3-word only test? To be 200% sure we are good with no bad surprise expected further down the line? Thanks a lot for your very informative and practical videos!
Yes, there is a process that you can go through. Basically, you can send a small test transaction to the wallet once you have it set up. Then you can do a factory reset on the device and do a restore using your 12 word seed phrase. Once you have restored the wallet, just make sure that your test balance is still in the wallet and then you've confirmed that your seed phrase is written down correctly and working properly.
Hi, I was having a question,back in a day: If it's OK to send BTC from an adress who start with "1bc..." to an adress who start with" 3ghg...." and you just do that from that trezor to the kraken and was a good transaction ... SO , for me was really useful your video . THANK YOU
Any possibility the recovery phrase more than 12 words? I'd like to buy keep metal too, but worry the passprase from the wallet generate more than 12 words.
It has been shown that 12 word seed phrases are sufficiently secure. It would take on the order of millions of years to brute force crack a 12 word seed phrase. The 24 word seed phrase is a bit of overkill on top of that. However, if you feel better with a 24 word seed phrase, then you could do a restore using a 24 word seed phrase that you generated randomly. The restore functionality allows you to choose between 24 and 12. Brute forcing a 1 word secret phrase from a 2048 word list: each guess has a 1 in 2048, or less than 0.05% chance of being correct. Brute forcing a 2 word secret phrase from a 2048 word list: each guess has a 1 in 2048², or 0.0000238% chance of being correct. Brute forcing a 3 word secret phrase from a 2048 word list: each guess has a 1 in 2048³, or 0.0000000116% chance of being correct. Brute forcing a 4 word secret phrase from a 2048 word list: each guess has a 1 in 2048⁴, or 0.00000000000568% chance of being correct. Brute forcing a 5 word secret phrase from a 2048 word list: each guess has a 1 in 2048⁵, or 0.00000000000000278% chance of being correct. Brute forcing a 12 word secret phrase from a 2048 word list: each guess has a 1 in 2048¹², or 0.0000000000000000000000000000000000000184% chance of being correct. If you could make a trillion guesses per second on each of a trillion computers, it would take the lifetime of the universe so far to have a decent shot at it. Brute forcing a 24 word secret phrase from a 2048 word list: each guess has a 1 in 2048²⁴ chance of being correct. It would take 2048¹² as many computers, or 2048¹² universes, as the 12 word secret, to brute force it.
@@CryptoDad my question is not about the security. But will the safe 3 wallet randomly generate 12 or 24 words or do they set it fix only generate 12 words? because I want to buy their product keep metal which is only for 12 words
I have my on order and willl be transferring my crypto from my Ledger x , I have my Sol stake on Ledger and what are the steps with this ? Do I have to unstake or leave as is. Thank you CD
Thank you for the video! But how do you add OTHER coins from say Ledger to Trezor. Trezor does not have other coins to choose from hoe do I get different coins on the Trezor? Also, how do you take profits from your crypto from the Trezor to your bank account? Thank you!
No, the Trezor does not have Bluetooth functionality. So it cannot work wirelessly. So, yes, it needs to be plugged in if you're sending crypto out. However, it does not need to be plugged in if you are simply transferring crypto in. You can generate a receiving address without having the device plugged in. But its best practice to do the hardware check every time you do that. Which involves having it plugged in. :-)
You can use both the standard and the hidden (passphrase protected), they would just basically be two different wallets. You make that choice when you log in. You can actually manage multiple hidden wallets by using a different passphrase for each one. The trick is to keep track of all your wallets and not to forget your hidden wallet passphrases.
The secure element chip is a tiny piece of electronics that manages your private key. Its main purpose is to prevent tampering. And it does a great job doing this. If you're using a Model T, I would suggest updating to a Trezor Safe 3, or the new Trezor Safe 5. They both employ secure element chips. This is the modern way for crypto hardware wallet devices to stay secure. All of the major hardware wallet companies are using them now.
Hi CD, just to get your humble opinion, since Trezor launched this Safe3, do you still using frequently on your coolwallet pro? Because im comparing between this 2 units
I have 3 x Trezor Safe 3 devices....can I use the one Trezor suite to store btc on all three devices just by adding accounts and plugging in the devices accordingly
Yes, you can manage your devices in the top left corner of the Trezor suite interface. I would suggest giving each device an appropriate name so that you can keep them straight. Maybe even put labels on each device like number one, number two and number three so that you don't get them mixed up.
Hello, Cryptodad. I'm not sure if you have any video showing how to convert bitcoin into a token using trezor safe 3. For example, I'd like to convert bitcoin into usdt in the polygon pos network directly. Is this possible or there is a step in between I have to complete? When I just set the swap from bitcoin to usdt in polygon pos it enables the "compare prices" button. But it also shows me a note that says that I dont't have any MATIC. Do I have to convert bitcoin to matic first and then to usdt polygon pos?
Well, there's no way to really convert Bitcoin "directly", as you say, because most of these decentralized exchanges are based on EVM block chains like Ethereum, polygon. et cetera. Bitcoin is on its own blockchain, so there's really nothing to swap it for. That's why when you want to "swap" Bitcoin in Trezor Suite, you're going to have to go through some sort of 3rd party exchange under the hood. That's why they're giving you quotes. Because they're wanting to know which exchange you want to use. I think the reason it's letting you know that you don't have any Matic is that you're going to need Matic in that wallet for fees If you ever want to move that USDT(polygon/matic based) out.
@@CryptoDad ok. What I understand now is that I have to send my bitcoin from trezor suite to an exchange and then convert it to usdt in polygon pos network. And finally send that usdt from the exchange back to my trezor. Is that correct?
You can access alternate EVM chains when you use your Trezor in conjunction with Metamask. How to Secure Your Metamask Wallet Using a Trezor Hardware Device: th-cam.com/video/rBjT3553YUE/w-d-xo.html
You can use the web based version of Trezor suite if you connect to your Android phone with a usb cable, here are some instructions: trezor.io/learn/a/trezor-on-android You cannot use the device with an iphone. There is an app for the iphone. But it only allows you to monitor your wallet. You cannot interact with your device using an iphone. trezor.io/learn/a/what-is-trezor-suite-lite
Yes, there is a Trezor light application for the phone that allows you to track the Wallet. However, you cannot use it for sending and receiving since the device does not have Bluetooth. You can download it from their website.
Hey Rex, regarding the recover wallet option. If I buy a safe 3 and use the recover wallet option with the seed phrase from my trezor one, then I have two hardware wallets with the same seed phrase. My question is can I then wipe the Trezor one and create a new seed phrase with it? basically, I want my Trezor one's seed phrase on the new safe 3 and I want to generate a new seed phrase for my old Trezor one. Is this possible?
Once you do that restore, the two devices will be mirror images of each other. They can be used interchangeably, since they now have the same master private key. You could use your original Trezor one as a backup in case something happens to your new device. Or, as you say, you could simply wipe it and set it up as new. You have to connect the old device to the Trezor suite and then go to the settings. In the device settings Tab, If you scroll all the way to the bottom there is a factory reset option.
Hi, I want to buy the Trezor Safe 3 but one of my major holds HBAR isnt supported. What do I do? Should I buy a Ledger instead or place my HBAR on a Hot wallet. thanks
Well, that sounds like a personal decision to me. You don't necessarily have to stick to one wallet unless your budget is limited. But if you're planning on using your wallets to custody thousands of dollars worth of Crypto it might make sense to own more than one wallet. But let's just assume that you can only afford one wallet and you want custody H bar. I would go with the Ledger since it's a hardware wallet. Much better than using a hot wallet. Regardless of the FUD that's going around surrounding the ledger device, it is still a safe and secure cryptocurrency hardware wallet.
Nice video. I Was curious as to how to enter your seedphrase on device itself with only two buttons. I hope they made it easy by grouping letters and symbols together to save time. That would prevent users from scrolling for a long time to type it all down.
I haven't tried it yet on this new Trezor, but it will be similar to the way you enter your pin. It may seem tedious, but as you start to complete a word, it will auto finish for you to make it a little easier. In other words, you won't have to type every single letter of each word. Once you get a few of the first letters it will offer you choices of completed words since there are only 2048 words in the official bip 39 list.
Yes, if you go to your Cardano account in the Trezor suite, there is a staking tab. Of course, you will need to have enough Cardano in the wallet for staking.
Each time you connect your device to Trezor suite It always asks you if you want to use a standard wallet or a hidden wallet. The hidden wallet option is where you enter your passphrase. This will take you to an alternate configuration where you can store crypto. But you can only access this configuration by reentering the passphrase whenever you connect to Trezor Suite. So you must make sure to not forget or lose this passphrase.
@@CryptoDad hey, thanks for the reply. I also discovered with this new trezor you can type the passphrase using the device buttons. Although painful, better than typing it on the computer
Well, the term "offline" can mean a couple of different things. With a crypto hardware wallet, It means that the private key is not connected to the Internet. The private key is stored on the hardware device. And even though you have a USB cable connecting it to your computer, the private key does not move back and forth across the cable. The only thing that goes across the cable is a request, and then the authorization message going back out. The private key never leaves the hardware device. So in that sense, it is offline. If when you say offline, you mean not connected to the Internet from your computer, then you really can't use your wallet if you're not connected to the Internet. Because the blockchain is on the Internet. So you need Internet access to read your balances and manage your wallets.
Your private key is stored on the offline hardware wallet, but your crypto is stored online and decentralised on the blockchain. That's why the motto: Not Your Keys, Not Your Coins, so because you have control over your private key, you control the coins.
Do you know if the firmware that needs to be installed with a new Trezor is compatible with both PC and a Mac? I am setting up a new Trezor Safe 3 as a gift…… I run a Mac my son runs a PC🤔
The firmware update is not OS specific. It's for the Trezor device itself. So when you install Trezor suite either on Mac or PC, it should offer to have you run the firmware update if your device needs it.
How to connect iPhone to Trezor safe wallet? The cable which come with it does not fit iPhone. I read somewhere that Trezor doesn’t support IOS devices.
So what you're trying to do is possible, but you're not really doing anything "inside the wallet". You can swap crypto currencies using the Trezor Suite interface, but it's not really happening in your wallet. You're basically signing up for 3rd party services that are performing this swap for you. When you are inside your Trezor Suite and looking at a particular coin, you'll notice next to the send and receive, there is a "trade" button. If you click this button, you'll be taken to an interface where you can line up trades between different coins. But when you do this, you will see there are offers below there. Each of these offers requires you to sign up for a 3rd party service. Each of these services will require you to provide identification. So basically you're using an exchange from within the Trezor Suite so it's not happening privately in your wallet, which I think is your intention. Each of these services has their own set of fees and limitations. It will be up to you to decide which is best for your needs.
@@FitDemo no I’m not telling you it’s not safe I’m just telling you you’re using third-party companies to do it. It’s not really a security risk. You just have to expose your privacy by signing up for the services.
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Secure your digital assets with Trezor's trusted hardware wallets, now at even more affordable prices!
I just bought Trezor Safe 3 and was trying to set it up but I'm unable to download Trezor suite app on my laptop, please can I use Trezor suite for web to set it up?
Sir which one i buy d'ceant wallet or trezor safe 3 ? replay me
I like the look and feel of the Trezor Safe 3. It's like the old Trezor One modernized. And considering their biggest competitor is Ledger, I would absolutely suggest Trezor over Ledger. Just my personal opinion.
I have watched 3 tubes on how to use the Trezor 3 but no one has told me how to deal with coins other than the ten or so that one initially can load. So how do you send and receive coins that are NOT one of the 10 that come with the Trezor 3. Someone said to use the ETH mainnet but I don't know how to navigate to other coins from there. p.s. Other than that, your explanation is the most thorough. Tnx R
Although CryptoDad does good explanations the number of wallets being produced is a whole new industry. Everyday there are numerous TH-camrs promoting the latest wallet. So many wallets and of course they are all wonderful. The presenter always insists there is no financial deal but says he/she was kindly sent the wallet by the manufacturer and there is a wonderful discount if you quote the presenters code. As soon as the viewer has decided "this is the wallet for me" because the presenter was so enthusiastic about it the presenter enthusiastically presents the next wallet and then the next wallet. Leaving the poor viewer confused and wondering if he really has the best wallet. It's a booming TH-cam business. More and more wallets. More and more presentations. More and more views. More and more advertising revenue.
I understand everything you're saying here. I try to do my best to give a fair evaluation of every wallet that I review. I try to avoid things like "best crypto wallet" in the title. You are right! there are a lot of wallets in this space because there are a lot of people trying to find the right wallet to custody their crypto. And yes, it is confusing. Crypto is a difficult concept to wrap your head around. I would hope that most people would watch several reviews before making their decision and base their purchase on their particular needs rather than the advice or recommendation of youtubers. I just posted a video about this subject matter. This was taken from my live stream on Saturday night:
CryptoDad: Why 'The Best' Crypto Wallet Varies. A Call for Personal Judgment in Crypto Security: th-cam.com/video/GV12sb7MYj8/w-d-xo.html
@@CryptoDad Thanks. I'm not trying to be difficult and I realise you're doing your best. Each wallet tries to tell us how secure they are and how they are air-gapped etc. The interesting thing is it seems none of them have ever been hacked and it is usually down to the mistakes made by the user that leads to losses. So it would seem the simpler the better. Tangem 2 seems to fit this bill.
@@baronsilverbaron757 It's also preference. I got the Trezor model T because of the touchscreen.
Do some research instead of outsourcing the work to influencers
Why did a screen pop up saying your device may me compromised if it was brand new? I read stories for people buying trezors thinking that they were new and when they added funds, they were drained
Great video! A word of warning: in some currencies like Bitcoin, if you make frequent purchases for low amounts, your wallet will have a lot of UTXOs, and the day you want to move them the transaction fee may be really high.
Good point! I've heard other people bring up this issue as well.
thank you. best unboxing and review, i have watched so far, with live examples of transfer.
I am a beginner to Crypto. Bought my 1st Bitcoin using coinbase. Ordered the Trezor Safe3 today, will ship mid Jan '24. Looked on YT to learn and came across your channel. Thank you so much for making it easy to understand and follow. Can't wait to get the hardwallet and use it carefully. Sub'ed to your channel.
Did you get your Trezor 3 going..
🌐 Just explored the Trezor Safe 3 - your vault for digital treasures! Covered everything from unboxing to crypto transfers. 📈🔐 Check out the full demo for insights on securing your assets with this cutting-edge wallet. Share your thoughts and experiences below! #TrezorSafe3 #CryptoSecurity
@CryptoDad out of curiouosity what hardware wallet is your no: 1 in relation to storing alot of altcoins & safety?
very nice can I add used in it?
@CryptoDad
I just bought Trezor Safe 3 and was trying to set it up but I'm unable to download Trezor suite app on my laptop, please can I use Trezor suite for web to set it up?
Best review. Just what I needed to feel safe. Many thanks and God bless you!🙏
You're welcome!
I really appreciate your work, amd your style. Thanks you are helping people.
HY SIR PLEASE REPLY ❤❤🇮🇳🇮🇳🇮🇳🇮🇳
i have trezor one should i upgrade to trezor safe 3 just because this have EAL6+ certified chip
When I transfer Bitcoin or ETH to this wallet, are the BTC or ETH identified as being received on a specific chain? For example, if I transfer BTC on the BNB Chain network, will it be recognized as part of the BNB Chain upon receipt, or will it remain an independent token not tied to any particular blockchain network? If it indeed receives BTC specifically on the BNB Chain, what would happen if one day the BNB Chain collapses? How would I be able to convert BTC to fiat currency under such circumstances? Thank you for taking the time to read my question; I greatly appreciate your response.
Do you recommend using a VPN while connecting your trezor to your laptop and setting everything up?
Excellent video, we are Christmas gifting our son and his Wife a Trezor Safe 3 and this is an excellent tutorial!🤗
Glad it was helpful!
Amazing video.
Only one question?
So lets say i have solana in my trezor safe 3 and what to convert to usdc.
Can i just send my sol from my trezor to lets say NDAX(a canadian exchange crypto) and then on that exchange i can sell for canadian dollars then buy usdc and send those usdc back to my trezor right? And same thing other way when i would like to buy back sol i just resend those usdc sell for CAD and buy back sol and send it back to my trezor?
That is correct. Probably a better way for you to do that conversion than the built-in swap interface in Trezor suite. Trezor Suite has some built-in buy and sell options, but they use third-party payment processors that are usually based in Europe and may have higher fees and quirky laws related to AML or anti-money laundering. You’re much better off converting your coins on a local exchange that you trust.
Hi sir, please recommend Trazor Safe 3 VS Tangem 2.0 in your opinion
Very good in describing how to set up a new Trezor 3 and how to transfer crypto from Paypal to it. A bit confusing regarding the transfer of crypto from tangem to Trezor. Would have been good if he'd showed how to transfer crypto from hot wallet to Trezor.
How do i know for 100 percent that my seed phrase is not sent to trezor from there app?? I prefer air-gapped wallet
Can somebody buy 2 and Have 2nd as Identical Back Up…But NOT DOUBLE BTC Just A 2nd Back Up
Use Same Seeds Etc?
Or HOW TO DUPLICATE And Have A BACK UP HARDWARE DEVICE?
Thanks For Any Info. 👍
Hey Man, can you configure the Safe3 to accept USDT or USDC?
Thanks in Advance..
Did i understood that? The Bitcoin transfer fees showed from Paypal to the Trezor was nearly ~9% of the amount Bitcoin you sent. Thanks a lot for this helpful video.
Yes, you saw that correctly. But Blockchain fees are not based on straight percentages. They are based on the network activity. So they could be higher or they could be lower depending on the network activity. They also vary greatly based on the amount. So for example you could send 1000 dollars worth of Bitcoin for just a couple of Bucks and then try to send $100 worth of Bitcoin and it will cost you $5. When network activity is high, Bitcoin blockchain fees are high. It's just a fact of life. They're working on scaling it and the best option we have right now is the Bitcoin Lightning Network. But even that is complicated to use and you have to pay large fees just to get your Bitcoin into the network. So it's kind of a catch 22.
Dad, how do I add a pass phrase after setup?
quick one! for the secret passphrase do you have to interact on the keyboard like the old model one? or everything on the device? make or break decision for many. appreciate the answer.
Thank you- so professional uploading.
Hi crypto dad, I've watched this video a few times, my question is, when you have set up everything and now want to deposit BTC does it give you an option of a legacy or a segwit address. I'm not sure how I would find your answer to that question?
What is the point of having Air Gap PC when initially you must connect to internet and download Trezo Suit (risk) and then in order to shift and do things to connect to third parties (risk)?
Thank you again for your thorough tutorial! You have amazing patience! 🙏🏻
How much better is the secure element in this model than what they use for the other models? I think they may eventually use it for all the models.
Very informative video! thanks!
Not sure if you are still answering questions here, but this would be helpful to know this. Does this cold wallet accept all Erc 20 tokens and not just Ethereum? Like coins we can swap for on Uniswap, volt Inu is a good example? Do I need to manually put the volt address into the wallet or will it automatically go in since it is an erc 20 token on the Ethereum blockchain? Thanks
The Trezor Suite does not have a mechanism for adding support new erc 20 tokens. You're simply going to have to wait for them to add support for a token. However, you can connect your Trezor device to metamask. Using meta mask, you can import custom tokens using their contract address (such as volt inu). I have a video on using a Trezor device with Metamask.
How to Secure Your Metamask Wallet Using a Trezor Hardware Device: th-cam.com/video/rBjT3553YUE/w-d-xo.html
How do I get a Tag or MEMO from Trezor so I can transfer coins (XRP) from Binance into it?
I only have apple devices and not able to download trezor suite?
Thank you. I was thinking of what other cold wallets to get 😁
Try Tangem 2.0. I used to love Ledger but now I'm worried about it. I might try this wallet next.
Love the Bitcoin sign at the back. Using trezor to stack those satoshis 😈
Hi CryptoDad, can you do a video setting up a passphrase on Trezor Safe 3? Thanks for all your knowledge, you are the best!
@CyptoDad Thanks, Excellent Video!! I am going to get one. Just one Question. Am I able to sell my BTC into stablecoins, USDT for example directly one the wallet or do I have to transfer it back to the exchange to sell it there?
Hi Your video is very clear step by step guide line. Thank you so much. Can Trezor safe 3 store BNB chain tokens and NFT? How we transfer to those hard wallet stuffs from hot wallet ( Metamask )? Maybe you can make new videos about it will be appreciated. and Last question is Kraken exchange is available to Us customers? Again Thanks
If you were to purchase a hardware wallet now would you get this or the ledger nano s plus?
Can you still setup Trezor on your laptop even if it has viruses?
Hello I don’t have a laptop, can I buy some crypto on my iPhone and transfer to this new wallet? Many thanks
Sir-great video ! a Question pls-I just bought a Tree 3 same as this - I have iPhone 11 and a MacBookAir- the Trezor connecting cable does not fit either of them. SO i need an adaptor or a new Phone or Laptop?? Thanks for the info
Well, the Trezor safe three is not compatible with an iPhone. So there’s no way to connect it. Your MacBook Air should have a USB-C connector surprised it doesn’t. According to the specs on Apple.com there are two thunderbolt ports. The cable that comes with the Trezor safe three should fit these.
Actually, I take that back. The cable that comes with the Trezor Safe three is USB-A to USB-C what you need is a USB-C to USB-C cable you can pick one up from Amazon on the cheap.
Nice video! I just have a question. If I have a bitcoin-only firmware in my hardware wallet, Can I trade my bitcoin to Tether and store it in my Trezor?
It says online supported coins and tokens online type 3 I can send and recieve USDT, is there a different address for me to give to someone for every different crypto?
The address I am given is just for Bitcoin when I load and start Type 3 for the first time? Is this true???
If they sent another crypto to the only address I am given, will it just be returned and considered a failed trade?
One problem with Trezor Safe 3 . The cost is €79 but Trezor are using expensive Courier only services to deliver it costing something like €15 euro for me . Nearly 20% of the cost !!! They have no low cost delivery option . It could easily be put in an envelope and delivered using normal post costing a fraction of the cost of using couriers . Why is this option not available ?
It's always the greatest since sliced bread...until they make a bad decision and competition takes advantage. Dog eat dog; definitely. Mahalos Rex.
Dad, can I add a pass phrase after I set it up?
I just set up my Trezor 3. It has several coins already listed but how do I add new accounts not listed? I want to add XLM but there is no option to add anything not already listed and there are only like 6 coins listed.
Hi, Does the Trezor Safe 3 work with the iPhone 15 ? Now that on this device Apple support USB C connector ? Or the Trezor only works on a PC ? Thanks ! ☺️
How’s the phone app? I like being able to check my balances and send crypto in on the go
It's a "watch only" wallet. but it is good for checking your balances on the go.
I just preordered mine. Thank you for doing a video on this device before the chaos ensues and the ripple of the storm snoom ;)
Sir which one i buy d'ceant wallet or trezor safe 3 ? replay me
Does Trevor Suite work on an iPad…and can you have multiple wallets of the same Crypto on one device? Such as a larger amount of ETH in one wallet and then another amount in a different/separate wallet that I am saving for a different purpose?
Merry Christmas CRYPTO DAD - Love your work and video. God bless you and your FAMILY in 2024. I really believe we will see a nice run up in Crypto over next 12 MONTHS. THANKS FOR ALL YOUR EFFORTS, PAUL
Thank youu for the info. My only question is, do you still trust ledger? I have only use ledger in my entire life? But recently rumours about ledger make me feel very nervous
I'm in the same boat. He already did videos on this that you can find. He basically said dont keep all your coins in the same place. Maybe have 2 or 3 wallets to be safe.
can we use trezor wallet without internet if yes then please make a video on that
Can you exchange coins directly in trezor safe 3? Are there any fees for this?
Can you type the passphrase directly on the Trezor safe 3 device? or just on the PC screen?
Can somebody please tell me how to transfer BTC from the COINBASE Wallet to a Trezor wallet? Do I need to go back to COINBASE exchange first? Should I use the Trezor mobile app to go from wallet to wallet or use the desktop extension? I’m confused. And It seems very expensive.
A quick question: is there any way to double check your 12-word seedphrase as opposed to the 3-word only test? To be 200% sure we are good with no bad surprise expected further down the line? Thanks a lot for your very informative and practical videos!
Yes, there is a process that you can go through. Basically, you can send a small test transaction to the wallet once you have it set up. Then you can do a factory reset on the device and do a restore using your 12 word seed phrase. Once you have restored the wallet, just make sure that your test balance is still in the wallet and then you've confirmed that your seed phrase is written down correctly and working properly.
@@CryptoDadMany thanks! 👍
All Trezor devices have an option to check your recovery seed back up. You can find it in settings under device in Trezor suite.
@@satsdisco Many thanks for this tip. I have just ordered my Trezor 3 so will definitely try it out after the seed phrase is in.
@@CryptoDad Sir which one i buy d'ceant wallet or trezor safe 3 ? replay me
Hi, I was having a question,back in a day: If it's OK to send BTC from an adress who start with "1bc..." to an adress who start with" 3ghg...." and you just do that from that trezor to the kraken and was a good transaction ... SO , for me was really useful your video . THANK YOU
Yes you can! A native segwit wallet is backwards compatible with a regular segwit wallet. Those are the wallets that start with a 3 or 1.
Any possibility the recovery phrase more than 12 words? I'd like to buy keep metal too, but worry the passprase from the wallet generate more than 12 words.
It has been shown that 12 word seed phrases are sufficiently secure. It would take on the order of millions of years to brute force crack a 12 word seed phrase. The 24 word seed phrase is a bit of overkill on top of that. However, if you feel better with a 24 word seed phrase, then you could do a restore using a 24 word seed phrase that you generated randomly. The restore functionality allows you to choose between 24 and 12.
Brute forcing a 1 word secret phrase from a 2048 word list: each guess has a 1 in 2048, or less than 0.05% chance of being correct.
Brute forcing a 2 word secret phrase from a 2048 word list: each guess has a 1 in 2048², or 0.0000238% chance of being correct.
Brute forcing a 3 word secret phrase from a 2048 word list: each guess has a 1 in 2048³, or 0.0000000116% chance of being correct.
Brute forcing a 4 word secret phrase from a 2048 word list: each guess has a 1 in 2048⁴, or 0.00000000000568% chance of being correct.
Brute forcing a 5 word secret phrase from a 2048 word list: each guess has a 1 in 2048⁵, or 0.00000000000000278% chance of being correct.
Brute forcing a 12 word secret phrase from a 2048 word list: each guess has a 1 in 2048¹², or 0.0000000000000000000000000000000000000184% chance of being correct. If you could make a trillion guesses per second on each of a trillion computers, it would take the lifetime of the universe so far to have a decent shot at it.
Brute forcing a 24 word secret phrase from a 2048 word list: each guess has a 1 in 2048²⁴ chance of being correct. It would take 2048¹² as many computers, or 2048¹² universes, as the 12 word secret, to brute force it.
@@CryptoDad my question is not about the security. But will the safe 3 wallet randomly generate 12 or 24 words or do they set it fix only generate 12 words? because I want to buy their product keep metal which is only for 12 words
I have my on order and willl be transferring my crypto from my Ledger x , I have my Sol stake on Ledger and what are the steps with this ? Do I have to unstake or leave as is. Thank you CD
You’re gonna need to unstake it before you transfer it. And the Trezor does not support Solana staking.
Is the wallet address static or does it change with each transaction?
I cannot put picture of my receipt got a new iPhone so not sure how to show I picture of receipt.
do i have to confirm address everytime before receiving crypto or 1 time process it is and add remains same everytime?
Thank you for the video! But how do you add OTHER coins from say Ledger to Trezor. Trezor does not have other coins to choose from hoe do I get different coins on the Trezor? Also, how do you take profits from your crypto from the Trezor to your bank account? Thank you!
Can you connect the trezor to an android phone or tablet?
yes
Does the Trezor need to be plugged in to your computer everytime you want to make a transfer? Can it work wirelessly?
No, the Trezor does not have Bluetooth functionality. So it cannot work wirelessly. So, yes, it needs to be plugged in if you're sending crypto out. However, it does not need to be plugged in if you are simply transferring crypto in. You can generate a receiving address without having the device plugged in. But its best practice to do the hardware check every time you do that. Which involves having it plugged in. :-)
I transfer from exchange to trezor. Why is there a large fee? Fee 0.0002 bitcoins every time I transfer bitcoins to trezor.
Can you set up a standard and hidden wallet?
You can use both the standard and the hidden (passphrase protected), they would just basically be two different wallets. You make that choice when you log in. You can actually manage multiple hidden wallets by using a different passphrase for each one. The trick is to keep track of all your wallets and not to forget your hidden wallet passphrases.
what does secure chip does? do you think it's a must upgrade if you have trezor model t?
The secure element chip is a tiny piece of electronics that manages your private key. Its main purpose is to prevent tampering. And it does a great job doing this. If you're using a Model T, I would suggest updating to a Trezor Safe 3, or the new Trezor Safe 5. They both employ secure element chips. This is the modern way for crypto hardware wallet devices to stay secure. All of the major hardware wallet companies are using them now.
@@CryptoDad how about bitbox?
Hi CD, just to get your humble opinion, since Trezor launched this Safe3, do you still using frequently on your coolwallet pro? Because im comparing between this 2 units
how to use trezor safe 3 with coinbase wallet
I have 3 x Trezor Safe 3 devices....can I use the one Trezor suite to store btc on all three devices just by adding accounts and plugging in the devices accordingly
Yes, you can manage your devices in the top left corner of the Trezor suite interface. I would suggest giving each device an appropriate name so that you can keep them straight. Maybe even put labels on each device like number one, number two and number three so that you don't get them mixed up.
Thank you so much for getting back - just finally do the accounts get opened first or when you are downloading the new Trezor?
Sir which one i buy d'ceant wallet or trezor safe 3 ? replay me
safe 3 is the best could wallet .
Excellent information!!! Thank you. 🐕
Can you send crypto from any exchange to this wallet?
Yes, you can transfer crypto from any exchange or any wallet to this wallet.
Hello, Cryptodad. I'm not sure if you have any video showing how to convert bitcoin into a token using trezor safe 3. For example, I'd like to convert bitcoin into usdt in the polygon pos network directly. Is this possible or there is a step in between I have to complete? When I just set the swap from bitcoin to usdt in polygon pos it enables the "compare prices" button. But it also shows me a note that says that I dont't have any MATIC. Do I have to convert bitcoin to matic first and then to usdt polygon pos?
Well, there's no way to really convert Bitcoin "directly", as you say, because most of these decentralized exchanges are based on EVM block chains like Ethereum, polygon. et cetera. Bitcoin is on its own blockchain, so there's really nothing to swap it for. That's why when you want to "swap" Bitcoin in Trezor Suite, you're going to have to go through some sort of 3rd party exchange under the hood. That's why they're giving you quotes. Because they're wanting to know which exchange you want to use. I think the reason it's letting you know that you don't have any Matic is that you're going to need Matic in that wallet for fees If you ever want to move that USDT(polygon/matic based) out.
@@CryptoDad ok. What I understand now is that I have to send my bitcoin from trezor suite to an exchange and then convert it to usdt in polygon pos network. And finally send that usdt from the exchange back to my trezor. Is that correct?
Does the Trezor Safe 3 work with Exodus? I cannot seem to confirm this anywhere. TY
Not yet, apparently only the Trezor T
Does this model support other chains or just the default accounts?
You can access alternate EVM chains when you use your Trezor in conjunction with Metamask.
How to Secure Your Metamask Wallet Using a Trezor Hardware Device: th-cam.com/video/rBjT3553YUE/w-d-xo.html
Does it works with mobile connected by cable? Or with PC only?
You can use the web based version of Trezor suite if you connect to your Android phone with a usb cable, here are some instructions:
trezor.io/learn/a/trezor-on-android
You cannot use the device with an iphone. There is an app for the iphone. But it only allows you to monitor your wallet. You cannot interact with your device using an iphone.
trezor.io/learn/a/what-is-trezor-suite-lite
can we used smartphone to see the interface?
Yes, there is a Trezor light application for the phone that allows you to track the Wallet. However, you cannot use it for sending and receiving since the device does not have Bluetooth. You can download it from their website.
Is it safe to connect your hardware WALLET to your PC?
safe 3 have secure element 6+ is not problem phone or pc
Hey Rex, regarding the recover wallet option. If I buy a safe 3 and use the recover wallet option with the seed phrase from my trezor one, then I have two hardware wallets with the same seed phrase. My question is can I then wipe the Trezor one and create a new seed phrase with it? basically, I want my Trezor one's seed phrase on the new safe 3 and I want to generate a new seed phrase for my old Trezor one. Is this possible?
I'd like to know the answer too 😅
Once you do that restore, the two devices will be mirror images of each other. They can be used interchangeably, since they now have the same master private key. You could use your original Trezor one as a backup in case something happens to your new device. Or, as you say, you could simply wipe it and set it up as new. You have to connect the old device to the Trezor suite and then go to the settings. In the device settings Tab, If you scroll all the way to the bottom there is a factory reset option.
@@CryptoDadwill a >50 word passphrase be able to be recovered from a ledger to a new trezor 3?
Hi, I want to buy the Trezor Safe 3 but one of my major holds HBAR isnt supported. What do I do? Should I buy a Ledger instead or place my HBAR on a Hot wallet. thanks
Well, that sounds like a personal decision to me. You don't necessarily have to stick to one wallet unless your budget is limited. But if you're planning on using your wallets to custody thousands of dollars worth of Crypto it might make sense to own more than one wallet. But let's just assume that you can only afford one wallet and you want custody H bar. I would go with the Ledger since it's a hardware wallet. Much better than using a hot wallet. Regardless of the FUD that's going around surrounding the ledger device, it is still a safe and secure cryptocurrency hardware wallet.
thanks
@@CryptoDad
Nice video. I Was curious as to how to enter your seedphrase on device itself with only two buttons. I hope they made it easy by grouping letters and symbols together to save time. That would prevent users from scrolling for a long time to type it all down.
I haven't tried it yet on this new Trezor, but it will be similar to the way you enter your pin. It may seem tedious, but as you start to complete a word, it will auto finish for you to make it a little easier. In other words, you won't have to type every single letter of each word. Once you get a few of the first letters it will offer you choices of completed words since there are only 2048 words in the official bip 39 list.
@@CryptoDad sorry I meant the passphrase... Do you know ? It might take a very long time if it's like the pin.
Best tutorial. Thx
Thanks, Dad; question: Will I be able to stake Cardano on the Trezor?
Yes, if you go to your Cardano account in the Trezor suite, there is a staking tab. Of course, you will need to have enough Cardano in the wallet for staking.
Thanks!@@CryptoDad
Can tou explain how the passphrase works on rhis device
Each time you connect your device to Trezor suite It always asks you if you want to use a standard wallet or a hidden wallet. The hidden wallet option is where you enter your passphrase. This will take you to an alternate configuration where you can store crypto. But you can only access this configuration by reentering the passphrase whenever you connect to Trezor Suite. So you must make sure to not forget or lose this passphrase.
@@CryptoDad hey, thanks for the reply. I also discovered with this new trezor you can type the passphrase using the device buttons. Although painful, better than typing it on the computer
Great video!
Review sample? I ordered mine last month, still have not received.
According to their website, they're still on preorder. So I don't think they've started shipping. They sent me an advanced copy for review.
Wow I didn’t know you could have cryptos on your paypal
Newbie here. At what point in the wallet setup process do you go offline? Can you use the wallet totally offline to view balances?
Well, the term "offline" can mean a couple of different things. With a crypto hardware wallet, It means that the private key is not connected to the Internet. The private key is stored on the hardware device. And even though you have a USB cable connecting it to your computer, the private key does not move back and forth across the cable. The only thing that goes across the cable is a request, and then the authorization message going back out. The private key never leaves the hardware device. So in that sense, it is offline.
If when you say offline, you mean not connected to the Internet from your computer, then you really can't use your wallet if you're not connected to the Internet. Because the blockchain is on the Internet. So you need Internet access to read your balances and manage your wallets.
@@CryptoDad Thank you for the best explanation! It cleared up exactly my confusion with “offline”
@@CryptoDad brilliantly explained. good job.
Best explanation and easy to understand.
Your private key is stored on the offline hardware wallet, but your crypto is stored online and decentralised on the blockchain. That's why the motto: Not Your Keys, Not Your Coins, so because you have control over your private key, you control the coins.
Do you know if the firmware that needs to be installed with a new Trezor is compatible with both PC and a Mac? I am setting up a new Trezor Safe 3 as a gift…… I run a Mac my son runs a PC🤔
The firmware update is not OS specific. It's for the Trezor device itself. So when you install Trezor suite either on Mac or PC, it should offer to have you run the firmware update if your device needs it.
@@CryptoDad I was hoping that was the case, thanks for the information, looking forward to your next broadcast!😀
How to connect iPhone to Trezor safe wallet? The cable which come with it does not fit iPhone. I read somewhere that Trezor doesn’t support IOS devices.
you dont can.Only pc and android
Does Trazor work with Apple taptop?
The link to the Trezor safe 3 goes to Trezor but shows a model one.
OK I'll see what I can do. Once you hit the site from my link, you can go to their store. I'll still get credit for it.
@@CryptoDad I think they're having a sale on the 20th. I'm going to order then.
how can I put USDT in Trezor? so that I convert BTC to USDT inside the wallet
So what you're trying to do is possible, but you're not really doing anything "inside the wallet". You can swap crypto currencies using the Trezor Suite interface, but it's not really happening in your wallet. You're basically signing up for 3rd party services that are performing this swap for you. When you are inside your Trezor Suite and looking at a particular coin, you'll notice next to the send and receive, there is a "trade" button. If you click this button, you'll be taken to an interface where you can line up trades between different coins. But when you do this, you will see there are offers below there. Each of these offers requires you to sign up for a 3rd party service. Each of these services will require you to provide identification. So basically you're using an exchange from within the Trezor Suite so it's not happening privately in your wallet, which I think is your intention. Each of these services has their own set of fees and limitations. It will be up to you to decide which is best for your needs.
@@CryptoDad so it's not really a secure way to do it right? I did just a small amount to try my new trezor, did I ruined my safety doing so?
@@FitDemo no I’m not telling you it’s not safe I’m just telling you you’re using third-party companies to do it. It’s not really a security risk. You just have to expose your privacy by signing up for the services.
@@CryptoDad so how do I know if my privacy has been compromised by this one transaction?
thx
nice
does anyone know how to add any network to trezor safe 3?
Trezor Safe 3 doesn't work with Exodus !!!