Crypto Wallets Explained (Beginners' Guide!) 💻🧐 How to Get Crypto Off Exchange Step-by-Step 💸✔️
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- Опубліковано 13 тра 2024
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WELCOME CRYPTO FAM! 👨👩👦👦 HOW-TO EDITION! 🧐
Hello, fam! Crypto Casey, here 👋 and I'm on a mission to improve people’s lives through #crypto education. In this important video we discuss what cryptocurrency #wallets are, how they work, and how to quickly set one up and transfer your crypto step-by-step. We also distinguish between “hot” and “cold” wallets. Let's jump in!
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TIMESTAMPS 👍
00:00 - Intro
01:25 - What is a Cryptocurrency Wallet?
01:49 - What is Blockchain?
02:22 - Think of Crypto Wallets as Keys to Access Funds
02:48 - How do Cryptocurrency Wallets Work?
03:20 - Your Bank is Like Blockchain
03:35 - Online Banking Apps are Like Crypto Wallets
03:45 - Bank App Login Credentials are Like Private Keys
03:53 - Public Keys are Like Bank Acct Numbers
04:40 - Keep Private Keys Private
05:10 - Summary of Crypto Wallets
05:21 - What are the Different Types of Cryptocurrency Wallets?
05:41 - What is a Hot Cryptocurrency Wallet?
06:00 - Why Keeping Crypto on Exchanges is Dangerous
07:00 - Safest Way to Store Crypto is With Cold Wallets
07:55 - Important Facts About Hardware Wallets
08:52 - How to Setup Your Own Crypto Wallet Step-by-Step
13:40 - How to Transfer Crypto from Exchange to Wallet
16:45 - EUREKA MOMENT! How to Lose All Your Crypto!
18:50 - Conclusion
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WHAT NEXT? 🗺️
Be sure to Subscribe 🔔, turn on Notifications ⏰, Like 👍, and Share 🔗 this video! And then sit back and enjoy an informational binge session watching my other how-to videos on crypto, blockchain & #finance:
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TAGS: #crypto #cryptocurrency #bitcoinwallet #ethereumwallet #ledger #coinbase #cryptowallets #hardwarewallets #coldwallets #hotwallets #cryptowalletguide #tangem
TOPICS: how to set up a crypto wallet, how to take crypto off exchange, how crypto wallets work, what is a crypto wallet.
NOTE: This description contains affiliate links. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). Thanks for supporting the channel!
DISCLAIMER: The information contained herein is for informational purposes only and not to be construed as financial, legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. © 2023 Crypto Casey. All rights reserved.
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❤️ Be safe out there.
-Crypto Casey - Наука та технологія
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-Crypto Casey
Hello maam can you help me
Ciao Bella Q fai ?? Great vid !!
Are you of Italian background ??
Anyway excellent video great at explaining newbies the pros and cons of wallet security !!
I know your vid is pretty recent, my only argument or feedback is:
I will argue in my humble opinion keeping your crypto in an exchange is way safer than a wallet ONLY if don't really have enough money ON IT.
Meaning your below the $25,000 fund threshold !!. If you got above $50000 in crypto then Im totally with you on getting the nano flashdrive to be at least more safer and also keep at least 3 back ups in case you loose or your nano gets lost !!! Very important !!!
I used this link. After putting in security code, there was nothing else to click. Nothing happened and I could not move forward.
Referring to discord app
Need real money for my wallet can you help me
You work for 40yrs to have $1M in your
retirement, meanwhile some people are putting just $10K in a meme coin from just few months ago and now they are multimillionaires.
Making money is an action, Keeping maney is behavior, but "Growing money is wisdom"….
The best thing to do with your money is to invest it rightly because money left for saving always end up used with no returns
You are right. Been thinking of going into gold and cyptocurrency
It's obvious everyone is doing this online Investment
totally agree with you it has been an eye-opening experience for a lot of people.
*Its never too late to start from somewhere , I am lucky to have found this source, it’s the future*
Very fascinating talk, I particularly think the section on NFTs is interesting, after figuring out a little bit of what they are exactly it seems to that simply put NFTs are a way to digitally copyright digital assets. It is interesting that even Vitalik at one point thought they were underrated because it almost seems like the glue that will end up tying cryptocurrencies together. He is right that creators should have a way to "own" what they create. coming from the standpoint of coding and working on 3d projects, copyrighting "assets" that are then potentially bought and sold with crypto seems very logical... In game items for instance has already become a billion dollar industry, I played everquest since 1999 and used to get emails of lists of items people sold in game through paypal that later became the website IGN... perfect concept for crypto and NFTs if it existed back then.. But the perfect way to get started now is invest with a trusted source *Virtualcryptomines🟡com*
I shared this video with my mom, she's 75...Great Explanation, especially for the people 55+..She wants to learn, but hard to find videos for that age group...Good work, keep it up...
Huge thank you for this. So helpful and so well articulated.
Finally a normal person that can explain how to do something. That was awesome.
🤣 IKR...
Do you know that you can make up to $10,000 in mining directly to your bitcoin wallet, bank account or any withdrawal details you wish to😎
Thank for the update...
you are amazing editing, room, and all. thank you for making this process clear as crystal
Boy you are good. This is exactly the walkthrough I have been looking for. Thanks
Thank you so much for walking through these processes! Great video.
Of the hundreds of people out there teaching and preaching crypto trading, you are by far my favorite. No hype, and drama, and big talk. Clear, realistic, factual educating. Calm, and calculated. They all talk about emotional trading but they all feed it. Everyone tries to predict the charts when in truth no one can really truly say what's on the next candle. You are realistic about what influences the market. You have no ego, or arrogance, no wealth flasing, just so relatable. Thank you so much for parting your knowledge but more so for the way you do it.
You really haven't found a man you like better?
And her video didn't even start until idk... 2 minutes in? How's that right to the point? Lol
Bitcoin is a very exciting development, it might lead to a
world currency. I think over the next decade it will grow to
become one of the most important ways to pay for things
and transfer assets.
Do you know that you can make up to $10,000 in mining directly to your bitcoin wallet, bank account or any withdrawal details you wish to😎
agree
Thanks. I shall be working my way thru all your vids. Much appreciated.
Thank you so much for the step by step instruction. I understood the concept but didn't know how to start thanks again
I'm so glad that you're doing this type of video because I am clueless on how to transfer my crypto to my Ledger wallet. Thank you.!!
Thank you very much. This was very helpful and structured really well to understand the process.
Found our about your content randomly by looking for a podcast about crypto on Spotify. I really enjoy your content and glad I came across it!
Great training Casey! Thank you. I'm new at this and much to learn.
Thanks, CC. Of course, these are very helpful and clearly presented.
Just ran across this channel and glad I did. I am learning about this whole process. Thank you for the education.
Great video! Well I'm so happy I made the best decisions by having a good investment, Recently I'm able to acquire my third house even at my age and I believe if things keep going well I would retire early
That's nice! But how did you manage to achieve all that even with the current economy that's very bad? Please I'll appreciate your assistance on how to go about it, I'm desperately looking for a way to pay up my debts and also achieve my goals
The best strategy to use in investing is to invest with a professional who understands the market quite well, that way maximum profit is guaranteed, I'll highly recommend Brenda Brown, she is my current trader and her strategies are working
Actually this is not the first time am hearing of Brenda Brown and her exploits, how she handles investments and generates good profits, she has really made a good name for her self, but I have no idea how to reach her
She has a verified account on telegrams, using the user name mentioned Below
Brendabrown is the name to look for
Thank you for this very informative upload.
Thank you Casy as always great video.
Just found your channel.Great videos, keept it up!
Hello, I'm new to Biticon trade and I've been makin losses but recently I see a lot of people earning from it. Please can someone tell me what I'm doing wrong
she is the best and her strategies works like magic. I've been making over 300% of my investment weekly since I started investing with her trading service.
Mrs Kiana is the plug, get in touch with her. She gives high attention to her clients both old and newbies.
+
1774
2778
You do an amazing job of explaining compicated processes! Good music too, earned a Subscriber. Thanks!!!
love your teaching style Casey!
Thank U so much, U R the best I've heard on the issue of wallets. Giddy up!
*I have always had a deep interest in this and would really love to start from somewhere anywhere actually , I believe this is what our future is all about*
Amazing - As Usual - Thank You!
Awesome: thanks, well presented
Thank you Casey that was very clear and precise. I learned a lot today.
Thank you Casey, that was very clear, I will check out your other videos.
Great Video, Thank you 🙏🏼, love the way you teach 😀
Crypto Casey appreciate your work thanks
Wow thank you so much for a very great explanation 🙏🏼🙏🏼🙏🏼👏🏼👏🏼👏🏼
It's nice to find you here. You make a good teacher. Thanks. ^
Thank you so much for your help I really appreciate You awesome way of explaining this 👌 And because of that I was so happy to subscribe to your channel 😀🧡❤
Thank you miss Casey for helping us. Perfectly detailed and no wasted time! you rock.
*Success is about focusing Your energy on what creates results and using what you already know*
Very fascinating talk, I particularly think the section on NFTs is interesting, after figuring out a little bit of what they are exactly it seems to that simply put NFTs are a way to digitally copyright digital assets. It is interesting that even Vitalik at one point thought they were underrated because it almost seems like the glue that will end up tying cryptocurrencies together. He is right that creators should have a way to "own" what they create. coming from the standpoint of coding and working on 3d projects, copyrighting "assets" that are then potentially bought and sold with crypto seems very logical... In game items for instance has already become a billion dollar industry, I played everquest since 1999 and used to get emails of lists of items people sold in game through paypal that later became the website IGN... perfect concept for crypto and NFTs if it existed back then.. But the perfect way to get started now is invest with a trusted source *Virtualcryptomines🟡com*
Thanks so much for the explanations. It was pretty awesome and clear.
simply nice.... broken down to a point where I feel I now understand the subject. well done!
Amazing. Yesterday my attorney and I were discussing crypto as he is clueless. Asking me questions because I told him I started to buy a few months ago. I told him I have been attempting to understand everything and I gave him what little information I had. They say whenever something it's meant for you to see or to hear it will show up. And today you showed up! Looks like I've got some videos to watch!
Hi Casey This was the simple and best way you tutor .Thanks a million
Hey Casey, WOW, I’ll be back for sure! I’m totally new to crypto and you really pass on the info better than any I’ve seen so far. Thank you, great content.
Great job explaining ☝️✨
This is a very good video for explaining to a newbie. Good job Casey.
Really good delivery. You obviously put a lot of planning and prep work into it. Thanks.
perfect explanation, Thank you!
Casey - I am coming back to thank you. I watched this video a few days ago. This video was very helpful. Get your stuff off the exchanges. It is worth the time and $ to learn this.
Thank you, Casey. Such helpful videos to start this journey. ✌😉
i never click subscribe. after hours on the internet this video answered every question i was looking for. well done! looking forward to more.
The best analogy on crypto wallets I've come across so far. Subscribed.
Tons of videos to figure out the best wallet and still not sure but this video was so helpful. I transferred my coins with Coinbase to get them off the exchange and will get cold storage later. You are a breath of fresh air. Thank you for the clarify and straight forward approach.
I really enjoyed your explanations, thank you ever so much!
Thank you so much Casey for comprehansive explanation.
Girl you the best! Thank you so much
*When you invest, you’re buying a day that you don’t have to work. I pray everyone reading this becomes successful*
Very fascinating talk, I particularly think the section on NFTs is interesting, after figuring out a little bit of what they are exactly it seems to that simply put NFTs are a way to digitally copyright digital assets. It is interesting that even Vitalik at one point thought they were underrated because it almost seems like the glue that will end up tying cryptocurrencies together. He is right that creators should have a way to "own" what they create. coming from the standpoint of coding and working on 3d projects, copyrighting "assets" that are then potentially bought and sold with crypto seems very logical... In game items for instance has already become a billion dollar industry, I played everquest since 1999 and used to get emails of lists of items people sold in game through paypal that later became the website IGN... perfect concept for crypto and NFTs if it existed back then.. But the perfect way to get started now is invest with a trusted source *Virtualcryptomines🟡com*
That is a good insight!
I ve been looking for this explanation for days. So clear
Thank you.
Can you explain to me then ? Coz I don’t get it stlll
Subscribed. You are by far the best. Thank you!
Great stuff CC!
An ex-colleague convinced me into stock trading and investments as profitable alternative sources of income. Unfortunately, I have been down ever since. Next time, I will spend my money on myself first before considering whether I will invest or not.
Why picking random stocks if you are not ready to research on them. Again, I will advise you get an exp guidance if you are a new to it .
I’m in a similar fix too. Hopefully, the market revives soon. Please, where can I check ROIC, market caps, comprehensive flows e.t.c And again, can you say a pro to hire or work with?
>
@ Consultantrodriguez That's whom I work with
>
I liked and subscribed Casey you are very kind Thank you for explaining in a simple way how wallets work. Please keep on posting you are an asset on you tube. wish you all success
You are so good at it! Thank you!!!
This was so helpful. Great video!
You make understanding crypto wallets so easy. Thank you.
Thank you for streamlining this process. All of this stuff can seem so daunting at first
This explanation is super! A bit fast for a senior but so good! Thanks you!
I have watched a whole lot of videos on this and none of them explained it so I could understand it. This was sooo Great. Thanks so much.
@joven cueto please who is the expert guiding you? i have lost so much as a beginner🥺 investing into stock without a proper guidiance of an expert.
@joven cueto Thanks, I just searched her up on google and I'm super impressed with his qualifications. Have contacted her through her webpage to hear what she has to say about my situation.
Casey you helped me learned through this video 😊. May god bless you
You’re the best with explaining everything thanks
great video casey,love it
Thank you for a very clear and precise explanation. Much appreciated
I got into crypto for the first time in February (as an aside, I had students tell me to buy bitcoin back in 2013 and I laughed them off…what an idiot I was). Anyhow, I have spent three months trying to figure out what a crypto wallet is as opposed to an exchange, and you are the first person who has made any sense and taught this concept in a way that I understand, so thank you!
Awesome job on breaking this down thank u
Brilliant video!! thanks a ton Casey !!
I'm so glad I came across your channel. No fluff, to the point, detailed and what I was looking for. I was too afraid to do this until I found your channel on this subject. Thanks.
The best explanation of crypto wallets out there!! Brilliant, you did not forget what it was like to be new at this.
Great explanation, this is the type of information I've been looking for. Thank you!
great simplistic explanation. Thanks much.
Just found your channel, I like how you have explained a lot questions, that I didn't know how to ask, thank you Cripto Casy
Finally, someone who explains this stuff simply! Love this video and will be watching more.
great work, very clear with real example and best practices.
Thanks for helping me, I had no idea what I was doing. I'm pretty sure I can get it done now.
Great Casey, clear and understandable, I subscribed. Also appreciate how you obviously care for the people you are teaching!
Good
For a few months now I have been searching tirelessly for information on how to start investing. I even payed $1000 for a course that I now regret. It appears that there is no structured guidiance for beginners on how to get started in this realm. I've come across several investors making well over $250k/annum and would be grateful if anyone on here could provide insights on how to get started, identify potential stocks, when to make an entry, exit etc.
Keep it simple in the beginning. Buy something, like an index fund, and hold. Educate yourself in the meantime and elevate your risk tolerance over time.
In order to make profits from trading you need loads of experience and a well defined strategy, which most traders don't have. If you trade without the proper preparation, you're most likely to lose your money. Identify the buy/sell ratios and identify the market leaders and most importantly. Diversify! This will help you spread risk.
Even with the right technique and assets some investors would still make more than others, as an investor, you should've known that by now, nothing beats experience and that's final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I'm buying again.
@@arlohewitt3653
Who is your fin'a'ncial a'dvis'or, do you mind h'ookin'g me up?
@@grantluna8336 The ad'viser I'm in to'uch with is *Rebecca Catherine Schmidt* she wo'rks with Merrill, Pierce, smith in'corporated and intervi'ewed on CNBC Tele'vision.
Greatttt explanation!!!
amazing content thank you crypto casey
Thank you! Very clearly explained, with exactly the right level of detail.
I had to back up a few times though, I kept getting lost in your eyes.
Simple, clear and pleasantly presented. Earned yourself a sub 👍🏾
Yeah but Please be careful on here. Forward all your inquiries to SEC gov team.
@SECoffice VIA te l e g r am
Their Verified account
Quite an eye opener Casey! Very well explained.
Thank you for the smooth explanation 👍
Casey always put so much thought into what she does!👍
Curious if anyone here has tried copy trading. What was your experience? I’m relatively new to trading and i am looking study some good traders and copy their open trades rather than investing myself and lose money emotionally.
To be 100% honest with you. I had the same question 5years ago, I was confused as heck. Now copying other traders for over 3years now. Would like to tell you YES copy trading is a good approach, you just had to keep in mind that the success in copying another trader lies in their transparency.
Yes! Personally I copy trades of a U.S regulated professional trader name 'Sir Courtney H. Williams' on my own trading account, and at the end of the month I give him a percentage from the profits he makes for me as agreed upon while i get increase exposure on how he navigates the market.
I also have copied the trades of some experts in the past, it’s the easiest money i made in the market, plus you also get a learning opportunity while you earn off their expertise and what their strategy is it’s a nice hands-off way to invest.
@@Gabrielle.. Impressive! Please If you don’t mind sharing, how can I get in touch with your professional trader.
His available on telegam with the username below.
Thanks for sharing
Wonderful explanation. I bet no one could have done it any better than thus video. Great 👍
Wow girl you’re awesome! I’m 62 years old and am interested in crypto and you did such an awesome job explaining I will be able to do it. Probably watch it a another time or two…lol I also liked and subscribed and hit the notifications where I can follow you! Thanks again for helping me out! Love from Louisiana!
Yet again another crypto grandma!!! I love to see it
You can try to invest in CMB is working good where you can get 1,2 percent daily. Be adivised I'm a financial advisor.
Hands down you're the best!
Wow! What a great analogy and explanation, Casey!!
You've made an exceptionally professional video on so many levels. No side-of-the-head shots like so many people do. Each shot is of you talking to me. Very clear. Thank you. Subscribed.