Thanks for the great walk through. 1.) Say you've got 1 btc in your the nano x account, and you want to buy something that costs $1000. How would you go about paying for it? 2.) Does the Ledger Live app keep track of the crypto price fluctuations in real time or does it only update at the time you make a transaction?
Thank you soooo much Mr. Rex! I am nervous as heck to do this for the first time. So with your knowledge and my finger tips, I'm going to let her fly. I hope this works for my new nano x like it worked for yours. Love ya Brother for helping ALL of us! We can't do it without you. GOD BLESS!!
First video which is realy helpful, the most important think is, all management (also balance check) is only via app, ledger live, thats a core information....
No fee to transfer out of Cash App? Was there a fee to buy? The 'purchase price/amount' equaled the 'buy price' (which leads me to believe no fee) or is that price including a fee (since $ balance was less than purchase $)?
Learned not to hold the startup button too long. 3 sec is instructed in the videos Ledger sends you upon purchase of the Nano X. If you hold 3 sec you do not get the Welcome screen!
It's not about watching videos and wasting your time on strategies, I was ignorant doing so...so I decided to try Mr Brian Armstrong and ever since then he's has made about $14,000 for on every $5,000 I invested just in 2weeks
Hi Rex, if you import your existing seed from the ledger nano s into the ledger nano x... you don't have to create for e.g. a new btc account in your ledger live app right?
The private keys would all be there. But you would need to re-install the apps, and re-add the accounts. Just make a note of which coins were on the old Ledger so you don't miss any.
Actually if you use the same version of Ledger Live desktop, the accounts would already be there. You would just need to re-install the apps to manage them.
@@CryptoDad precise!! Only atm not using the mobile ledger live app.. so on that part i would need to configure the accounts as on the ledger live desktop.
Thank you for your videos. I've followed your tutorials explaining how to buy bitcoin on Coinbase, transfer to Coinbase Pro, and then transfer to my Ledger Nano X, utilizing Ledger Live. Do you have a video explaining how to reverse that process, in essence getting cash back out or your Ledger Nano X? I want to make sure I know this process before I start buying higher volumes of Bitcoin. Thanks!
why would you buy btc in coinbase and transfer it over to pro when you could of just bought the coin instantaneously in pro and avoided the coinbase commission fee? pro commssion is 0.5% for market orders as opposed to 4.0% on coinbase
So, no coins are actually being saved to the Ledger S/X, correct? Crypto is actually sent to Ledger live account app on either phone or computer and held in that app only? If your device is hacked couldn't the app be accessed and compromised? Like, I can send coins from Coinbase over to my ledger live account using the Receive address even when the Ledger S/X isn't even connected to my computer...
I withdraw bitcoin (a fraction) from coinbase pro and receiver to ledger Nano X device , everything is fine. my question is, since the NanoX device does not really store the bitcoin asset, but why I see the btc is actually deducted from the source, the coinbase pro?
Im missing steps. How did you create the ledger nano x address to send to from Coinbase? I’ve been looking at so many videos and nobody has this info. Is it created automatically when connected to your pc by usb?
Coin Balance on Ledger X I moved XRP from CoinBase to Ledger Live and the Nano X. What should I see on the Nano? I'm not seeing a balance or anything to suggest there are any coins stored on the device? Thanks. Loved the video.
Great video and thank you for the much needed step by step walkthrough, which I followed frame by frame. However as of Feb 2021 there seems to now be a network fee to transfer from Coinbase Pro to Ledger Live. I transferred successfully however there was a small fee and a small amount seems to remain in my Coinbase Pro account. Although I can't ce entirely certain of anything, a small amount remains in the Coinbase Pro account. I think this is the fee. Completely terrifying how any of this works.
Hi again... question for you, .... I like to sell my coins before they drop, and buy after a drop. Right now, I am buying my coins through CoinBase Exchange, transferring them to my NanoX, then to sell I have to transfer them back to CoinBase, sell, buy, then transfer back. The transfer fees are negating my profits. There has to be a more efficient way of doing this...Please advise
Appreciated man will it work for us in the UK? Im new to this buy and store crypto, I'd like to know how to buy crypto through secret methods or anonymously. Great video
Couldn't you also buy the BTC on CoinBase Pro to reduce the fee when buying the BTC? Or is the fee the same to buy on Coinbase Pro and normal Coinbase?
What if Ledger company has a complete loss to their platform with no recovery possible. How would I be able to retrieve crypto assets stored onto their platform?
Hi Rex, really helpful video, thanks... but does the nano x plug direct from your phone, and use its app and coinbase app together? Is that right? Also, is there a charge to send to your ledger, and vice versa to coinbase for if you want to sell the currency?
Thank you so much for this review. I saw all your videos and i see that you are professional! What do you think about SpaceSwap project ? Is it true? It is interesting to hear your opinion about it.
It's not about watching videos and wasting your time on strategies, I was ignorant doing so...so I decided to try Mr Brian Armstrong and ever since then he's has made about $14,000 for on every $5,000 I invested just in 2weeks
Thank you for your videos, definitely helpful. I had one question, once Bitcoin or any coin is sent from somewhere like Coinbase, the balance will show up in Ledger Live, even when the ledger is not connected. But the private keys are stored on the ledger itself and you never see those and can't actually access that money right.? I 'm learning and just thought it was weird a balance still showed up without my Ledger being connected, Thanks for the help anybody
Rex, I want to request a video topic. How would I go about doing that ? If I can request it here, I am trying to figure out how to use the BitcoinCash SLP to move around the new tokens you can buy on the Bitcoincash token chain. In particular the Liberland Merit. I know it should work like an ERC 20 token, but I just can not find any demo videos to play with this beast. Thank you Sir.
It's not about watching videos and wasting your time on strategies, I was ignorant doing so...so I decided to try Mr Brian Armstrong and ever since then he's has made about $14,000 for on every $5,000 I invested just in 2weeks
You explained Ledger Nano X wonderfully. I have a question about that. I receive regular payments in the form of bitcoins. For this purpose, I have to specify a fixed wallet address. I wanted to buy a Ledger Nano X for this purpose. After your video, however, I fear that it is not suitable for that. He always generates new addresses and he must be turned on to receive money. I'm right? If so, can you suggest a solution to my problem?
i got my backup package today. The nano X keeps freezing while entering the password. After few tries it works and then connection errors appearing while connected by USB. Wile connected via Bluetooth the connection drops randomly for no reason. Looking froward to return ASAP, imagine if i have my founds in it and it stops working. Also the left button already scratched from pressing it with my finger literally couple of times.
It's not about watching videos and wasting your time on strategies, I was ignorant doing so...so I decided to try Mr Brian Armstrong and ever since then he's has made about $14,000 for on every $5,000 I invested just in 2weeks...
So I know this is a dumb question but when you take your cryptos off of an exchange and put them on the ledger they will no longer go up or down in value according to the market? They are basically in limbo?
Why is it so hard to find a tutorial on how to SELL your bitcoin from Ledger nano X? I cant find that option on ledger live,, why is that?? it should be easy and fast when the market crashes to sell your bitcoins.. Thank you for all the tutorials you do.
The Ledger is for long-term safe storage. If you want to sell your coins, you need to move them back to an exchange. However, you can use your Ledger device with certain de-centralized exchanges like Forkdelta, but only for Ethereum based tokens forkdelta.app
Kei Ed , I believe I made this video before native Segwit was available on Ledger Live. Now I use native Segwit. Although I still have a regular Segwit account because some cryptocurrency exchanges don’t recognize the new address format.
You used one address for receiving BTC from AppCash and another for receiving from Coinbase. Would be possible to use same first address for receiving from Coinbase too?
Ludwig Escarzaga Brunt, Yes you are able to reuse receiving addresses. But it’s much more secure and private to generate a new one for each transaction. But yes you could send to the same address all day long if you wanted to.
Yes. if you have your recovery seeds safe and sound, even if your hardware wallet is lost, broken or stolen you will still have full access to your crypto. Your crypto would be safe as long as your recovery seeds are kept safe. So don’t worry
@@vibhu23roadies you're welcome To be successful with bitcoin you should know how it works following a step by step guild, someone to mentor you and have more experiences about bitcoin. You don't have to dropping questions where nobody attends to you. All you need to do is make out time to understand what your going into be educated, intelligent and confident about it. My bitcoin mentor would help and enlighten you well on whatsapp
@@vibhu23roadies Sure you can learn bitcoin but it's not a get money fast thing. You have to learn and master it first before you start making money from it.
Walter J. C, Not at all. The ledger has a back up Freis what you write down when you first set it up. If the ledger fails you can simply buy another one and use your back up phrase to restore all of your wallets. The back up phrase is also compatible with other types of wallets such as Trezor or Electrum
Hi Rex I believe that the addresses on my nano changes every time a send Bitcoin to it. Can you please tell me if I was to send from my nano to the same nano with a different address would I be able to receive it on my same nano??.
kkay brunel Hi, As a privacy feature the public key address will update each transaction but the Private key will stay the same. Each public key is associated with that your Bitcoin wallet. so no matter what address you send it to (New or Old) as long as it's the same wallet (Private Key) your funds will go to that wallet. I'm still using an old wallet address from 6 months ago to send money from an exchange even though new public keys get generated. All it is, is an address associated with my Private Key. Any public key generated with your wallet will be absolutely fine to send to whether it's been 2 years or 5 minutes old as long as it's the same wallet. I suggest watching videos from "Andreas Antonopolus" on RU-vid he will answer all of your misconceptions and questions about Bitcoin
Thank you so much for your video. I have another question. Saving transfer money from coinbase pro. Does that apply only to bitcoin or it apply to all other coin to save the transfer fee?
I have a Nano S. Every time I try to add accounts , ledger live asked " Got your Nano X" ??? No, I have Nano S !. Why isn't the option of Nano S appearing in my Mobile ledger Live? I can't add accounts.
The Ledger Live App can be used to view your exported Ledger Live Desktop accounts, But it does not interface with the Ledger Nano S. You have to use the desktop version of Ledger Live to interface with a Ledger Nano S.
I think that you have to transfer to Coinbase then cash out. I did cash out, and it took at least seven days. After that, they will block you to transfer money again from your bank.
Is there a crypto grandad? Sorry Dad but there is no way I can even think about doing what you just showed on how to buy bitcoin let alone load it into a Ledger Nano X. There are millions of us out here that cannot do what you have done and get it right, just no way. It has to be simpler than that.
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