Rex can you do a video on how to split your BSV from your BCH before the fork of the two? I have some BCH that I need to split which was bought before the BCH/BSV fork. Procedure sounds complicated. Thanks for your help.
There is a correction in the cryptocurrency market, and PRIZM is no exception. Will it go lower or stop at these marks. The difference between the PRIZM coin and everything else on the Internet is its paramining technology. What is it ?: you buy coins, they are credited to your balance in your personal wallet, and their number increases every day in accordance with the paramining technology.
Consider a coin prizm confident growth in both quantity and quality + serious advanced technology without unnecessary troubles + huge amount goods and services for prizm, I've been selling honey for prizm for 2 years , profitable and simple))
He also answered my question about the purpose of life, I mean the fundamental purpose about all living creatures... I am still looking for it, but no matter what I also want to make money with cryptocurrencies in a safe way! lol
You need to change the name of the channel to Laymans guide to Crypto. Your ability to break down technical concepts and explain them in everyday language is remarkable. I salute you sir.
So glad you got resurrected on YT. This video is truly excellent. No where else could I find the instructions for deleting the passphrase protected accounts and the reassurance that they were easily reloaded. Thanks.
That has been the trend for the past 10 years but in the early days it was hundreds and thousands of bitcoin. So that true about now and into the future making it even more the most scarcest assist
I think he forgot to add the New PIN code for the Temporary PP. Ledger can only have 2 PIN codes. so easy , enter the New PP Pincode , then enter your TEMP. Pass phrase . as far as i read in their website , you can make as many Pass phrases as you wish with the Second PIN you created . then Ledger live will make Accounts associated with that key your Temp. PP made when you add acc in Ledger LIve ., (You need the 2 PIN set up ) . I am learning too . TO THE MOON ... 🌚 🌝 🌕 PS: not good edea use the Ledger Live pin or the Main ledger ledger pin .
Now in the world of cryptocurrencies, there are many new technologies! But PRIZM cryptocurrency is the best. And its paramining technology, which generates passive income every second, is fully automatic! Its price rises, and the coins in the wallet increase!
There are cryptocurrencies that are already working on POS (proof of stake) technology. One of these coins is Prizm (PZM). You simply store coins in your secure wallet and for this you get additional coins constantly, starting from 1 coin. And you can also get an increase in% per month, due to the amount of coins in the wallets that helped activate.
Pay the attention to the coin Prizm (PZM). Only the PARAMING technology, created specifically for Prizm (PZM) and the use of modern eco-crypto-smart POS. PRIZM is the best cryptocurrency.
Thank you so much for making this vid! The documentation from Ledger doesn't explain how to use these accounts in Ledger Live at all and it's not at all obvious for someone who's new to using these HW wallets.
Attach to pin is very useful, you enter the passphrase only 1 time and attach to a different pin code. The 24 word without passphrase can be used as a duress / fake wallet. If someone ask you the pin code under stress, you can give the pin code that unlock the fake account..
Just buy some PRIZM coins and experience the joy of ParaMining! Time does not stand still, and traditional mining is a thing of the past, as a non-ecological and expensive way to mine coins. This coin will soon enter the top 10 cryptocurrencies of the world!
REX you forgot to set the 2 PIN associated to the Passphrase .. look at the comments below . , everyone is wondering including me , but i figured it out . Nice Video Presentation thou . you have my like 👍 . and a 9 out of 10.🌚🤑🤑 to the MOON PLEASE>
Ugh I wish the pass phrase would be linked to the initial account instead of having to send it all over. But you did show how to do it and it does seem actually simple. Just more steps and sending :( Thank you. Your channel helped set up all my wallets lol
I need help I want to add a passphrase account but your video doesn’t show how to log into the passphrase account after it’s set up.? Do I just put in my regular pin then go to settings and find passphrase login?
hi friend, do not want to try PRIZM, wonderful currency with good paramining, join us! What is the structure of a paravoz worth, in general, everything is convenient
Nobody has a clear video up of how do you protect your passphrase and able to change it if somebody steals it and gets it and within a week they may access the money and transfer it how do I prevent them from breaking into my passphrase an account do I change the past phrase or do I add a secret passphrase this is what I need to know I need to make my account secure as possible and I don't know how to do this- We all talk about people breaking into our accounts and taking our money but if somebody gets a passphrase how do we prevent them from taking it without having to change your account can you please explain this is a security issue it's rather urgent
You just go and set the temp pass phrase again and it puts the ledger device back in the pass phase state. Then you import the accounts and do what you need to do.
Because I set up the phassphrasse but I have 3 ledger nano. But after watching this I don’t think I moved them from the regular account to phassphrase account. But I still can’t seem to find it. I got all the recovery codes and phassphrase. But im confused
you do not have to move all your funds, you can move whatever you like. yes you can set a passphrase on the base account as well but you are missing the point. This is to add a SECOND account that is basically hidden in case someone puts a gun to your head and demands your ledger seed phrase. So for example, you have a base account with .01 BTC in it but your second secret passphrase account has your 10 BTC in it! If someone steals it and demands the 24 seed words, you give it to them. They access the account and take the .01 BTC and your 10 BTC is safe and all you have to do is get another Ledger but you'll still need to have hidden another copy of the 24 seed phrase words + input your passphrase again and you have access to the 10 BTC.
Rex, question: I understand that having a passphrase makes it harder for someone who gets your 24 words to get into your wallet. But my question is, can a hacker with a lot of computer power try to hack into random wallets by trying all possible combinations of the seed words? (Eg what stops a guy from getting a trezor and entering random seed words?) That would make having a passcode a lot more important!
@@joebest-rotheray493 So if i set the 25th passphrase on my new ledger it will automatically recognized it was my +1 phrase and it will recover the fund right?
I suggest considering a simple passive income with PRIZM cryptocurrency! If you buy 100 coins, your monthly income will be 0.18%. This is very profitable!
Hey. Do you want to have a constant passive income? Pay attention to the Prizm cryptocurrency and you will constantly receive new coins, depending on your wallet balance.
@Rex Kneisley, isn't it possible to hide the accounts in the ledger live application so that they are not shown? Otherwise, its not useful to prevent the 5$ spanner atack if someone gets to see all the accounts in the app!
If you dont delete the accounts from your secret passphrase account, could someone else still see it if they access your base ledger passphrase? Like can somebody else still see your secret passphrase account just by logging in with your regular base passphrase? And if they can, assume they cant move tokens around if they dont have your second passphrase even though they may see your accounts from second passphrase
@@ballista7367 I think ( wallet ) is a misinterpret term, is actually a KEY ( Private key ) then ledger live find ( download apps BTC ETH Etc) .the accounts associated with that key . New Private key , many accounts .
Make a New Pin before store the Temporary PP. then access all the Temp. PP with that Second PIN. you can make as many Temp. PP as you wish , as long as you use the 2nd pin .
Thanks for this very thorough walk-thru. I have a Nano X and just bought a Nano S to use as a 'back-up' device. Should I go ahead and create a passphrase on my Nano X prior to setting up the Nano S as a back-up device? If I create a passphrase on the X will that transfer over to the S? Or will I need to set it up again on the S? Thanks for your tutorial!
Basically how to change passphrase with already existing passphrase on Ledger device on ledger live for protecting the account. Someone got my passphrase so I need to work fast to protect it. I sm not that experienced but its rather important to find out so i must know what to do or put security phrase which I have never done. I just inherited and I am afraid of theft having little experience.
Hello Rex, amazing information!! Thank you so much for all that you teach us. Your an amazing person. I have question. Is it possible to change your seed phrase if you fear it might of been compromised? Thanks again for all that you do for us!🙏👏👍
Reset the device . new seed 24 then new 25 PP. send your crypto to other Wallet , then back to new Ledger wallet and make a new 25 PP. i think if you serious investor we need more than 1 . cheers .
Thank you for this. Question: if you are forced to open your ledger live, won't an attacker be able to see all your regular account's transactions and won't they display the movement of the bulk of your funds somewhere else (in this case, the passphrase account)?
Very good video. A question/confirmation: is it possible to use a wallet created with 24 words + the passphrase with Coins unsupported by Ledger Live? For Instance Cardano ADA?
@Kadu basically a passphrase is an extra password on top of the 24 words which gives access to a completely different wallet. Once one access it this secondary wallet he can use it in the exact way as the main one, hence, the same method to access a coin not supported by ledger live applies in the exact way for both wallets. The good thing about having a secondary wallet is that it is basically stealth and if someone god forbid finds your 24 words he/she won't still be able to access the secondary wallet (unless one write the passphrase right after the 24 words because he/she is afraid to forget it).
@@kadu9872 setup the Ledger with 24 words and get acquainted. Then you create a second wallet with the passphrase.(You may create as many wallets as you want by using different passphrases). This second wallet can be accessed with the addition of a pin code. Store the majority of your assets into the secondary wallet but never write down anywhere the passphrase. You must remember it or you must store it somewhere far from the 24 words... They can never be together otherwise you are better off by using only the primary wallet.
@Kadu get acquainted first. Use the regular waller to receive and send Coin with the ledger live and with others procedures based on the specific coin currently unsupported by ledger live. Then create the second wallet and try to send just a few Coins in between the two wallets ( same methods applies). Remember that you are adding another layer of security which brings though more complexity not to underestimate. Another way to be more secure without using the 25th word (pin) would be the following: you setup two identical wallets but into two different ledger nano. One to be used daily and one as a backup. The backup you put it into a super safe location like in a safe deposit bax. No matter where you decide to keep the backup it can never stay in the proximity of the other ledger because let's say someone robs your home or there is a fire both they would be gone for good. Once you have done that you may burn the 24 words. In case of necessity in the future you may recover from one of the two ledgers the 24 words ( an app to be installed into the ledger from leader live). Take care.
@@paulr.8365 so much thanks for the tips, like i live in brazil, its so much money to buy one ledger, so i cant buy two now but that is a great idea, the thing of start using the second wallet that has a passphrase already from the beggining is cause the tax of sendind from one to another its a lot, cause 1 dollar its 6 BRL, but i think i will do that, when i setup the ledger, i will see the 24 words without connect on computer? cause its generate offline right? or i need to install the app, and then connect ledger and start setup the 24 words, passphrase, metamask and all that kind of things, and on metamask its better i create another one just for ledger right? sorry for so many ask, im so dumb and you are helping me a lot
I make money online. I’ve been doing this for a long time. Today I make money using PRIZM coins. Paraming reaches 30% per month and the advice from the video is very useful to me.
If someone creates a passphrase that's, say 50 characters, are they not relying on future devices' software to support up to 50 characters? e.g. Say 50 years from now ledger goes out of business, you lose your Ledger device and Trezor doesn't support that many characters?
Safepal soft wallet supports the 25th word passphrase option plus choice of 24 or 12 word recovery phrase. So could use safepal soft wallet to recover funds of a ledger that had extra 25th word protection.
Hi! If I already have setup a ledger x , but did not use a passphrase, and after storing crypto, can I still setup a passphrase now? If I setup now, will I lose the money already stored, will anything change in the wallet programming? I would appreciate your help. Thank you!
Please help? If you move your Eth from 24 pass phase to the 25 word pass phrase ...does the ERC 20 tokens attached to that, go with that move? Or is that separate?
Rex if my old nano S died I have a new nano X can I get my passphrase account back on my new device? On new X I recover from my seed then what do I do to get back into my passphrase account ? Just set it back up with the same phrase I created?
You will need to enter your passphrase every time you want to access the crypto accounts protected by the passphrase. This video is more recent. It may make it more clear how you manage Crypto behind a passphrase: czcams.com/video/IwBwv-a3Yx8/video.html
Hi good video! Can I ask a few questions. 1. Do you have a different pin set to each see please, is that how you switch between one and another? 2. The passphrase account has a different set of keys due to the new word added at the end? 3. Everyone says this is an advanced feature, but it looks relatively simple. Is the only additional risk losing the additional word that makes it a new key? There are no other risks involved, as in, it is not an experimental feature is it? 🤠
1. There is only one seed phrase + any number of additional passphrases, one of which can e associated with a 2nd PIN, the rest being Temporary. 2. Yes 3. It is relatively simple, the only risk is the loss of that additional word (passphrase), which is always needed when using the Temporary option or if performing a full recovery
this is rather urgent I cannot go through all your videos and listen to them so I'm going to ask you do you have a video that shows us on a leedger live account that already has a passphrase and this is set into your nano ledgex how can you change the passphrase on the account so that nobody can access it except you is the only way to do this by adding a secret phrase or do you have to transfer the money into a new wallet what it is is somebody else has access to my account and I'd like to change the passphrase and this is all new to me is it possible to change the account passphrase? Or is there still a risk the original passphrase can break. I prefer not to switch account locations but just change passphrase so other person cannot break in
The Temporary option requires you to enter that additional passphrase every time you want to access that set of accounts, while the attach to second PIN option makes that unnecessary UNLESS you are performing a full recovery of your wallet.
Hi crypto dad just wondering what the difference is between the " Attach to Pin" and the "Set Temporary" configurations are ? and also if i delete an acc from view how do i rescan accounts to make it re-appear? cheers Steve
Nice video. How many passphrase accounts I can create under the same ledger nano x device. For example, can I create 3 Bitcoin accounts in a single ledger nano x device?
Is this ok if you have been using the device already with crypto in there or does it somehow bury or lose that existing crypto when you make new keys? i.e. does this step need to be done before receiving your first crypto?
To clarify once you set up your secret accounts they can be deleted so they do not show in your regular account - then when you access your secret account they deleted account will be regenerated or must they be added again with the manager?
Thanks your videos they are very useful. I would like to know what happens after restoring a Ledger Nano from a recovery seed phrase, how do I know which accounts have funds that are associated to the seed phrase or Ledger device. Eg. How do I know if I have for example funds on DOGE, or Tron or SOL, etc. without guessing and installing accounts to the Ledger just to check if they have funds. thank you in advance,
To my understanding, if you have removed those accounts from Ledger Live, then yes, you'd need to install the coin app in order to reveal those coins in your portfolio that are associated with that set of accounts (seed phrase, and passphrase, if used)
I cannot even get the Ledger team to reply why I have not received my firmware update yet two months now. Hard to tell I'm a Trezor guy. Mahalos anyways Rex. See ya later today. Alohas.
So do both the original account (seed phrase) and the new account (seed phrase + passphrase) have separate PINs, so the accessible wallet depends upon which PIN is entered?
The passphrase can be associated with a second PIN, which makes it easy to access those accounts. However, the example given here used the temporary passphrase option.
is this a safe alternative to wiping/resetting a ledger? I am just paranoid about the possibility that my device could have been messed with prior to being delivered and in my hands.
And also, why not use the "connect passphrase to pin" feature? How is the temporary passphrase different? Or rather, why would you want a temporary passphrase for a permanent, and hidden account.
A crypto exchange says i will need to "synchronize" my wallet to transfer my crypto currency funds out of my account on their exchange. If I set up two (2) different Ethereum accounts on my Nano X, are BOTH accounts on my Nano X vulnerable if their synchronizing process into my Nano X is fraudulent...? Do you suggest I set up the "hidden" Passphrase on my 2nd Ethereum account on my Nano X for added protection? Thank you!
Exchanges I know create a "wallet" on their system into which you choose the coins you want to move from your Nano X wallet accounts. I've not heard the term "synchronizing" to achieve this, so I'd be wary of such a procedure without fully understanding what this entails and why.
Hi CryptoDad, please would u try help me. I’m trying to transfer some XRP from my 25th passphrase account back to normal account. Is this possible as it is not allowing me and keeps giving me a error message telling to check my passphrase associated to that account os correct when it is. I am able to log into the 25th passphrase with my ledger but not allowing to transfer. Am missing missing out on doing something? Thank you
You most likely using the wrong passphrase. Ledger cannot tell you if you enter the wrong passphrase at the time you enter it, but you'll get the error you describe when you try to make a transaction. The passphrase is case-sensitive.
if you reset your ledger the third or the fourth time. is it mandatory to choose/pick the same pin during the 1st time you set your pin to the passphrase?
john leonard Castigo, No you can choose a different pin each time or the same pin every time. It doesn’t matter. Unless you’re talking about the passphrase that is attached to a pin. I’m not sure how that works after a restore. But I’m pretty sure once you’ve done the restore and accessed the passphrase, you can attach a different pin if you want to.
What if you have setup the passphrase on nano ledger x and forget it or just want to change it. Are you able to go in and change it without resetting the device? Would you have to remember what the current passphrase was in order to change?
you need your 24 BIP39 + 25 PP. if you reset the Nano x and dont have this , your Money is lost . Is why the 24+ 25 words and PP is needed to regain access to your Crypto in the Blockchain . (You get back the Private key to access the accounts in the blockchain). is like a Savings Account Bank Book, but in Bank case they will issue a new Account Bank Book to access your money . hope this helped , i am new too.
Choose Your Passphrase carefully. The one in the video is just an example (of course!)
Rex can you do a video on how to split your BSV from your BCH before the fork of the two? I have some BCH that I need to split which was bought before the BCH/BSV fork. Procedure sounds complicated. Thanks for your help.
There is a correction in the cryptocurrency market, and PRIZM is no exception. Will it go lower or stop at these marks. The difference between the PRIZM coin and everything else on the Internet is its paramining technology. What is it ?: you buy coins, they are credited to your balance in your personal wallet, and their number increases every day in accordance with the paramining technology.
Hi! Now the PRIZM coin is trending!
Consider a coin prizm confident growth in both quantity and quality + serious advanced technology without unnecessary troubles + huge amount
goods and services for prizm, I've been selling honey for prizm for 2 years
, profitable and simple))
While watching PRIZM simply, reliably, profitably
@Rex, could you please make a video showing how to restore a pass-phrase protected account after deleting it?
You literally have answered every question I ever have. Thank you for doing what you do.
He also answered my question about the purpose of life, I mean the fundamental purpose about all living creatures... I am still looking for it, but no matter what I also want to make money with cryptocurrencies in a safe way! lol
You need to change the name of the channel to Laymans guide to Crypto. Your ability to break down technical concepts and explain them in everyday language is remarkable. I salute you sir.
So glad you got resurrected on YT. This video is truly excellent. No where else could I find the instructions for deleting the passphrase protected accounts and the reassurance that they were easily reloaded. Thanks.
Wonderful!!! Very thorough and much appreciated 🙏
I’m more and more convinced that most of today’s crypto currency, like old baseball cards in an attic, will simply end up lost - but forever.
That has been the trend for the past 10 years but in the early days it was hundreds and thousands of bitcoin. So that true about now and into the future making it even more the most scarcest assist
How do you access the pass phrase account on your ledger ?
I think he forgot to add the New PIN code for the Temporary PP. Ledger can only have 2 PIN codes. so easy , enter the New PP Pincode , then enter your TEMP. Pass phrase . as far as i read in their website , you can make as many Pass phrases as you wish with the Second PIN you created . then Ledger live will make Accounts associated with that key your Temp. PP made when you add acc in Ledger LIve ., (You need the 2 PIN set up ) . I am learning too . TO THE MOON ... 🌚 🌝 🌕 PS: not good edea use the Ledger Live pin or the Main ledger ledger pin .
Excellent video, very clear... thank you Rex!
Learn more about PRIZM cryptocurrency, it is in trend today
Now in the world of cryptocurrencies, there are many new technologies! But PRIZM cryptocurrency is the best. And its paramining technology, which generates passive income every second, is fully automatic! Its price rises, and the coins in the wallet increase!
There are cryptocurrencies that are already working on POS (proof of stake) technology. One of these coins is Prizm (PZM). You simply store coins in your secure wallet and for this you get additional coins constantly, starting from 1 coin. And you can also get an increase in% per month, due to the amount of coins in the wallets that helped activate.
A very important video topic. The PRIZM coin also has a passphrase. It is important that no one else knows it except the owner of the wallet.
Pay the attention to the coin Prizm (PZM). Only the PARAMING technology, created specifically for Prizm (PZM) and the use of modern eco-crypto-smart POS. PRIZM is the best cryptocurrency.
I find that the passphrase implementation on the Trezor is more secure and convenient in combination with the Exodus wallet.
Rex,, Great Video... I have just, learnt something new again..!
Thank you for this excellent video 😊
Thank you so much for making this vid! The documentation from Ledger doesn't explain how to use these accounts in Ledger Live at all and it's not at all obvious for someone who's new to using these HW wallets.
Just wow! Wild video my eyes just opened again😂🙌🏽🙌🏽
Attach to pin is very useful, you enter the passphrase only 1 time and attach to a different pin code. The 24 word without passphrase can be used as a duress / fake wallet. If someone ask you the pin code under stress, you can give the pin code that unlock the fake account..
Know that there is PRIZM cryptocurrency, if you need instant transfers, anonymity and safe storage of assets, I advise it.
Just buy some PRIZM coins and experience the joy of ParaMining! Time does not stand still, and traditional mining is a thing of the past, as a non-ecological and expensive way to mine coins. This coin will soon enter the top 10 cryptocurrencies of the world!
See the PRISM currency. The PRISM coin is primarily a payment system. Convenient and economical exchange system. I advise her all!
REX you forgot to set the 2 PIN associated to the Passphrase .. look at the comments below . , everyone is wondering including me , but i figured it out . Nice Video Presentation thou . you have my like 👍 . and a 9 out of 10.🌚🤑🤑 to the MOON PLEASE>
Thank you papa for your clear and detail explanation to face againts $ 1 wrench robbery attack
excellent video. you should show the follow up step to show that balance again using passphrase. appreciate it ser
Ugh I wish the pass phrase would be linked to the initial account instead of having to send it all over. But you did show how to do it and it does seem actually simple. Just more steps and sending :(
Thank you. Your channel helped set up all my wallets lol
Great teacher, thanks!
You say its highly complex, but id say setting up a gnosis safe is way more complex, this is just adding another word onto the 24 word seed
Extremely valuable information thank you so much
I need help I want to add a passphrase account but your video doesn’t show how to log into the passphrase account after it’s set up.? Do I just put in my regular pin then go to settings and find passphrase login?
Wondering the same thing
Thanks for your sharing!
Very usefu, must use it, thanks!
thx dad 👍🏻
The message is excellent, the cryptocurrency is in the subject, I have been using PRIZM for 2 years and everything suits me
hi friend, do not want to try PRIZM, wonderful currency with good paramining, join us! What is the structure of a paravoz worth, in general, everything is convenient
She's popular right now / And I'm investing in a PRIZM coin
Such a complicated process. But good explanation
Thank you soooooooooooooooooooooo much!!!!!
Cheers much appreciated! 🍻
Fireplace or firelace? Hopefully you don't 'mis-remember' it.
nice catch. I did forget the p! I moved the bitcoin out after the video, so I won't need the passphrase again. but could have been catastrophic!
Thank you def subscribing now
Great video, thanks mate
thanks for the video, but I don't understand something, When you log on the PP PIN, when they will ask you for the 25 work Fireplace ?
You need to make New Pin code to access Temporary PP.
great job with this one
When you setup a new device, can you not set it up with a passphrase right off the bat? This way you don't have 2 configurations on one device.
Yes u can but its less secure
@@richinfeels how so?
Nobody has a clear video up of how do you protect your passphrase and able to change it if somebody steals it and gets it and within a week they may access the money and transfer it how do I prevent them from breaking into my passphrase an account do I change the past phrase or do I add a secret passphrase this is what I need to know I need to make my account secure as possible and I don't know how to do this- We all talk about people breaking into our accounts and taking our money but if somebody gets a passphrase how do we prevent them from taking it without having to change your account can you please explain this is a security issue it's rather urgent
The extra security is so good that will even keep the COINS out of YOUR REACH as well...🙉🙉🙉💵💵💵
Why do show us to open a temporary pass phrase but don’t show us how to access it again from our nano ledger ?
No shit. That would've been helpful.
You just go and set the temp pass phrase again and it puts the ledger device back in the pass phase state. Then you import the accounts and do what you need to do.
Because I set up the phassphrasse but I have 3 ledger nano. But after watching this I don’t think I moved them from the regular account to phassphrase account. But I still can’t seem to find it. I got all the recovery codes and phassphrase. But im confused
@@devanthehairtech1same here, this video was horrible
you have to move all your funds? isn't there an easy way? so you can set a pass phrase on the base account?
you do not have to move all your funds, you can move whatever you like. yes you can set a passphrase on the base account as well but you are missing the point. This is to add a SECOND account that is basically hidden in case someone puts a gun to your head and demands your ledger seed phrase. So for example, you have a base account with .01 BTC in it but your second secret passphrase account has your 10 BTC in it! If someone steals it and demands the 24 seed words, you give it to them. They access the account and take the .01 BTC and your 10 BTC is safe and all you have to do is get another Ledger but you'll still need to have hidden another copy of the 24 seed phrase words + input your passphrase again and you have access to the 10 BTC.
Thanks for a very informative video.How can you scan and get the Bitcoin PP account you got rid of back on the list visible again?
Rex, question: I understand that having a passphrase makes it harder for someone who gets your 24 words to get into your wallet. But my question is, can a hacker with a lot of computer power try to hack into random wallets by trying all possible combinations of the seed words? (Eg what stops a guy from getting a trezor and entering random seed words?) That would make having a passcode a lot more important!
Think he still need the pincode to be able to send? I think
Great video, 1 question I have is, what if you lose your ledger or it is damaged. You can still retrieve as per normal process on new ledger?
But how to recover the wallet with the passphrase !
recover the wallet with the 24 phrase mnemonic first, then go in to settings and set the passphrase
@@joebest-rotheray493 So if i set the 25th passphrase on my new ledger it will automatically recognized it was my +1 phrase and it will recover the fund right?
Hi Rex! Could you please do a video on dusting attacks? Thanks!!
I suggest considering a simple passive income with PRIZM cryptocurrency! If you buy 100 coins, your monthly income will be 0.18%. This is very profitable!
Hey. Do you want to have a constant passive income? Pay attention to the Prizm cryptocurrency and you will constantly receive new coins, depending on your wallet balance.
What are ‘attach to Pin and Temporary’? What are the functions? I can’t find the menu now in my Ledger X.
Great video
@Rex Kneisley, isn't it possible to hide the accounts in the ledger live application so that they are not shown? Otherwise, its not useful to prevent the 5$ spanner atack if someone gets to see all the accounts in the app!
What address am I using to send funds to the passphrase account. I don't see that part in the video!! Thank you!
i updated my firmware and need to locate my passphrase coins. Can you help?
If you dont delete the accounts from your secret passphrase account, could someone else still see it if they access your base ledger passphrase? Like can somebody else still see your secret passphrase account just by logging in with your regular base passphrase? And if they can, assume they cant move tokens around if they dont have your second passphrase even though they may see your accounts from second passphrase
No, no, no and no. If people could just randomly stumble onto Bitcoin wallets it wouldn't be very secure now, would it?
Can i recover my 12/24 seed phrase with passphare with other hw wallet that suport passphrase, for example trezor or safepal?
Hi. Would you know if it is only possible to recover the secret account using another Ledger Nano S or would it be possible using a BIP39 software?
How do you regain access to the passphrase protected account?
Have the same question!
So in the ledger device settings there's a passphrase you can enter to access any additional wallets
@@ballista7367 I think ( wallet ) is a misinterpret term, is actually a KEY ( Private key ) then ledger live find ( download apps BTC ETH Etc) .the accounts associated with that key . New Private key , many accounts .
Make a New Pin before store the Temporary PP. then access all the Temp. PP with that Second PIN. you can make as many Temp. PP as you wish , as long as you use the 2nd pin .
Thanks for this very thorough walk-thru. I have a Nano X and just bought a Nano S to use as a 'back-up' device. Should I go ahead and create a passphrase on my Nano X prior to setting up the Nano S as a back-up device? If I create a passphrase on the X will that transfer over to the S? Or will I need to set it up again on the S? Thanks for your tutorial!
Idk
Is there a chance you can make an updated 2022 video on how to do this using Nano X from start to finish?
There's no real difference
Basically how to change passphrase with already existing passphrase on Ledger device on ledger live for protecting the account. Someone got my passphrase so I need to work fast to protect it. I sm not that experienced but its rather important to find out so i must know what to do or put security phrase which I have never done. I just inherited and I am afraid of theft having little experience.
Hello Rex, amazing information!! Thank you so much for all that you teach us. Your an amazing person.
I have question. Is it possible to change your seed phrase if you fear it might of been compromised?
Thanks again for all that you do for us!🙏👏👍
Reset the device . new seed 24 then new 25 PP. send your crypto to other Wallet , then back to new Ledger wallet and make a new 25 PP. i think if you serious investor we need more than 1 . cheers .
Thank you for this.
Question: if you are forced to open your ledger live, won't an attacker be able to see all your regular account's transactions and won't they display the movement of the bulk of your funds somewhere else (in this case, the passphrase account)?
You can deleted it ., but if you are at gunpoint i don't foresee a good outcome .
Yes but they wouldn’t know that you own the account you sent funds too
@@Gent003 if they have you at gun point , you have bigger problems.
@@HtPt 🙄if they have you at gunpoint for your password. this is how you "give it to them"
Very good video. A question/confirmation: is it possible to use a wallet created with 24 words + the passphrase with Coins unsupported by Ledger Live? For Instance Cardano ADA?
@CSI by Ledger "live" I said... Anyway problem solved long time ago. Thanks anyway
@Kadu basically a passphrase is an extra password on top of the 24 words which gives access to a completely different wallet. Once one access it this secondary wallet he can use it in the exact way as the main one, hence, the same method to access a coin not supported by ledger live applies in the exact way for both wallets. The good thing about having a secondary wallet is that it is basically stealth and if someone god forbid finds your 24 words he/she won't still be able to access the secondary wallet (unless one write the passphrase right after the 24 words because he/she is afraid to forget it).
@@kadu9872 setup the Ledger with 24 words and get acquainted. Then you create a second wallet with the passphrase.(You may create as many wallets as you want by using different passphrases). This second wallet can be accessed with the addition of a pin code. Store the majority of your assets into the secondary wallet but never write down anywhere the passphrase. You must remember it or you must store it somewhere far from the 24 words... They can never be together otherwise you are better off by using only the primary wallet.
@Kadu get acquainted first. Use the regular waller to receive and send Coin with the ledger live and with others procedures based on the specific coin currently unsupported by ledger live. Then create the second wallet and try to send just a few Coins in between the two wallets ( same methods applies). Remember that you are adding another layer of security which brings though more complexity not to underestimate. Another way to be more secure without using the 25th word (pin) would be the following: you setup two identical wallets but into two different ledger nano. One to be used daily and one as a backup. The backup you put it into a super safe location like in a safe deposit bax. No matter where you decide to keep the backup it can never stay in the proximity of the other ledger because let's say someone robs your home or there is a fire both they would be gone for good. Once you have done that you may burn the 24 words. In case of necessity in the future you may recover from one of the two ledgers the 24 words ( an app to be installed into the ledger from leader live). Take care.
@@paulr.8365 so much thanks for the tips, like i live in brazil, its so much money to buy one ledger, so i cant buy two now but that is a great idea, the thing of start using the second wallet that has a passphrase already from the beggining is cause the tax of sendind from one to another its a lot, cause 1 dollar its 6 BRL, but i think i will do that, when i setup the ledger, i will see the 24 words without connect on computer? cause its generate offline right? or i need to install the app, and then connect ledger and start setup the 24 words, passphrase, metamask and all that kind of things, and on metamask its better i create another one just for ledger right? sorry for so many ask, im so dumb and you are helping me a lot
Thanx🚀🌜
Top information. thanks
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Maestro!
what about other option passphrase with pin? instead of set temporary?
Thanks a lot, the only thing missing is how do you "scan for accounts" as you said at 19,56s to regenerate the supressed secret account?
You have to choose which apps to add to reveal those assets.
please ask, how can you collect coins from the ledger again?
If someone creates a passphrase that's, say 50 characters, are they not relying on future devices' software to support up to 50 characters? e.g. Say 50 years from now ledger goes out of business, you lose your Ledger device and Trezor doesn't support that many characters?
Safepal soft wallet supports the 25th word passphrase option plus choice of 24 or 12 word recovery phrase. So could use safepal soft wallet to recover funds of a ledger that had extra 25th word protection.
Hi!
If I already have setup a ledger x , but did not use a passphrase, and after storing crypto, can I still setup a passphrase now? If I setup now, will I lose the money already stored, will anything change in the wallet programming? I would appreciate your help. Thank you!
Please help? If you move your Eth from 24 pass phase to the 25 word pass phrase ...does the ERC 20 tokens attached to that, go with that move? Or is that separate?
Great video BTW. I’ve been looking for this one
Is a single word strong enough or should it be random letters, numbers and symbols or multiple words?
Rex if my old nano S died I have a new nano X can I get my passphrase account back on my new device? On new X I recover from my seed then what do I do to get back into my passphrase account ? Just set it back up with the same phrase I created?
If I decide to restore this wallet (w/ the pass phrase) into another device or hot wallet, do you also need the pass phrase to access the wallet?
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How about when you want to withdraw some crypto do I need to be asked for my passphrase?
You will need to enter your passphrase every time you want to access the crypto accounts protected by the passphrase. This video is more recent. It may make it more clear how you manage Crypto behind a passphrase: czcams.com/video/IwBwv-a3Yx8/video.html
Hi, How would you connect this passphraae protected account on ledger live mobile?
Any way to accumulate satoshies by linking to my energy usage, internet browsing and social media viewing patterns or financial transactions?
and how do you access this account with the (25th word) passphrase? if you want to sell or send to an exchange?
What would "attach to pin" do as a difference to "set temporary"?
Attached the passphrase to a second PIN makes it easier to access those accounts. You can only have two PINS, but any number of passphrases
Hi good video! Can I ask a few questions.
1. Do you have a different pin set to each see please, is that how you switch between one and another?
2. The passphrase account has a different set of keys due to the new word added at the end?
3. Everyone says this is an advanced feature, but it looks relatively simple. Is the only additional risk losing the additional word that makes it a new key? There are no other risks involved, as in, it is not an experimental feature is it?
🤠
1. There is only one seed phrase + any number of additional passphrases, one of which can e associated with a 2nd PIN, the rest being Temporary.
2. Yes
3. It is relatively simple, the only risk is the loss of that additional word (passphrase), which is always needed when using the Temporary option or if performing a full recovery
How do you add the PP to a current account?
17:50 why are the amount and fees different compared to your ledger live?
this is rather urgent I cannot go through all your videos and listen to them so I'm going to ask you do you have a video that shows us on a leedger live account that already has a passphrase and this is set into your nano ledgex how can you change the passphrase on the account so that nobody can access it except you is the only way to do this by adding a secret phrase or do you have to transfer the money into a new wallet what it is is somebody else has access to my account and I'd like to change the passphrase and this is all new to me is it possible to change the account passphrase? Or is there still a risk the original passphrase can break. I prefer not to switch account locations but just change passphrase so other person cannot break in
That was good. I'm not sure why its called a temporary passphrase though. And how about the attach to pin option?
The Temporary option requires you to enter that additional passphrase every time you want to access that set of accounts, while the attach to second PIN option makes that unnecessary UNLESS you are performing a full recovery of your wallet.
Hi crypto dad just wondering what the difference is between the " Attach to Pin" and the "Set Temporary" configurations are ? and also if i delete an acc from view how do i rescan accounts to make it re-appear? cheers Steve
Nice video. How many passphrase accounts I can create under the same ledger nano x device. For example, can I create 3 Bitcoin accounts in a single ledger nano x device?
Hi! Does the passphrase have to contain words only in English or can it be in other languages as well? It is the same for Trezor? Thanks
Would this work to reclaim my staked harmony one tokens if my recovery phrase is compromised?
Is this ok if you have been using the device already with crypto in there or does it somehow bury or lose that existing crypto when you make new keys? i.e. does this step need to be done before receiving your first crypto?
To clarify once you set up your secret accounts they can be deleted so they do not show in your regular account - then when you access your secret account they deleted account will be regenerated or must they be added again with the manager?
Precisely. It is very easy to add and remove accounts in Ledger Live.
Thanks your videos they are very useful. I would like to know what happens after restoring a Ledger Nano from a recovery seed phrase, how do I know which accounts have funds that are associated to the seed phrase or Ledger device. Eg. How do I know if I have for example funds on DOGE, or Tron or SOL, etc. without guessing and installing accounts to the Ledger just to check if they have funds. thank you in advance,
To my understanding, if you have removed those accounts from Ledger Live, then yes, you'd need to install the coin app in order to reveal those coins in your portfolio that are associated with that set of accounts (seed phrase, and passphrase, if used)
How do you rescan for the accounts if you delete them from sight. Do you just tap on the add account tab and select the relevant currency?
yes
Trezor is better it hides you passpharse accounts you done need to delete accounts
I cannot even get the Ledger team to reply why I have not received my firmware update yet two months now. Hard to tell I'm a Trezor guy. Mahalos anyways Rex. See ya later today. Alohas.
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So do both the original account (seed phrase) and the new account (seed phrase + passphrase) have separate PINs, so the accessible wallet depends upon which PIN is entered?
The passphrase can be associated with a second PIN, which makes it easy to access those accounts. However, the example given here used the temporary passphrase option.
is this a safe alternative to wiping/resetting a ledger? I am just paranoid about the possibility that my device could have been messed with prior to being delivered and in my hands.
And also, why not use the "connect passphrase to pin" feature? How is the temporary passphrase different? Or rather, why would you want a temporary passphrase for a permanent, and hidden account.
A crypto exchange says i will need to "synchronize" my wallet to transfer my crypto currency funds out of my account on their exchange. If I set up two (2) different Ethereum accounts on my Nano X, are BOTH accounts on my Nano X vulnerable if their synchronizing process into my Nano X is fraudulent...? Do you suggest I set up the "hidden" Passphrase on my 2nd Ethereum account on my Nano X for added protection? Thank you!
Exchanges I know create a "wallet" on their system into which you choose the coins you want to move from your Nano X wallet accounts. I've not heard the term "synchronizing" to achieve this, so I'd be wary of such a procedure without fully understanding what this entails and why.
Hi CryptoDad, please would u try help me. I’m trying to transfer some XRP from my 25th passphrase account back to normal account. Is this possible as it is not allowing me and keeps giving me a error message telling to check my passphrase associated to that account os correct when it is. I am able to log into the 25th passphrase with my ledger but not allowing to transfer. Am missing missing out on doing something? Thank you
You most likely using the wrong passphrase. Ledger cannot tell you if you enter the wrong passphrase at the time you enter it, but you'll get the error you describe when you try to make a transaction. The passphrase is case-sensitive.
if you reset your ledger the third or the fourth time. is it mandatory to choose/pick the same pin during the 1st time you set your pin to the passphrase?
john leonard Castigo, No you can choose a different pin each time or the same pin every time. It doesn’t matter. Unless you’re talking about the passphrase that is attached to a pin. I’m not sure how that works after a restore. But I’m pretty sure once you’ve done the restore and accessed the passphrase, you can attach a different pin if you want to.
Does not matter , reste Ledger is like Factory reset .
What if you have setup the passphrase on nano ledger x and forget it or just want to change it. Are you able to go in and change it without resetting the device? Would you have to remember what the current passphrase was in order to change?
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you need your 24 BIP39 + 25 PP. if you reset the Nano x and dont have this , your Money is lost . Is why the 24+ 25 words and PP is needed to regain access to your Crypto in the Blockchain . (You get back the Private key to access the accounts in the blockchain). is like a Savings Account Bank Book, but in Bank case they will issue a new Account Bank Book to access your money . hope this helped , i am new too.
Please do same video on keepkey
Just one question Rex, why did you choose 'Set temporary' as opposed to 'Attach to pin'?
what is the answer to your question? 'Set temporary' as opposed to 'Attach to pin' ?
Read the doc on ledger site...
Well that was as clear as mud