🚨 Don’t miss this essential guide! 🚨 Learn how to set up your Trezor Safe 5 and secure your crypto with the powerful Multi-Share Backup feature. 💪 Whether you’re a seasoned pro or just getting started, this video will help you take your security to the next level. 🔒🔥 Watch now, and don’t forget to subscribe for more crypto tips and tutorials! 📈✨
Hello cryptoDad, Lots of respect to you. I admired the way you making all these technical videos. I have one question to you if possible please reply to this... My question is if I have some crypto in stake locking period then is it possible to transfer those crypto (already in stake locking period) to any cold wallet like trezor/ledger? Thank you and kind regards, Your faithful follower
Thanks, very helpful. I think it would be a good idea to do a follow-up video. Add a few dollars worth of coins to the new wallet, then wipe and restore the wallet 3 times, using shares 1&2, then 1&3, and finally 2&3 to confirm in each case the coins show up, leaving nothing to chance before adding a meaningful number of coins. Am I thinking clearly?
Yes, you are thinking clearly. That is a very rigorous way of double checking your seed phrases. I'm just thinking out loud here, but I believe it if you can successfully restore from 1&2 and then 2&3, that it's a safe bet that a 1&3 combo would work, and no need to test it, since you have already used each one in a successful restore. But no harm in being thorough since you've already done the other two.
So,I have this. I used to access a previous wallet. It supports more coins. That's why I bought it. So, where are they? How do I see this list? It is supposed to support a whole lot more than my original basic Trezor. Where? How? I want to move these coins from an exchange to then new Trezor.
If you want to manage more cryptos, you need to go to your dashboard in Trezor Suite. Over on the side where it shows your existing accounts. There'll be a plus symbol just above and to the right. Click the plus symbol to add more cryptos.
Yes. I consider that the biggest drawback to using the Trezor platform, lack of support for a wide range of cryptocurrencies. If it weren't for that, Trezor would be number one on my list. They have so much other things going for them. Still, if all you're using is Bitcoin and Ethereum, then Trezor is a no brainer.
Thanks Crypto Dad. The original or first generation Trezor is still good to use if preferred? Is there a way to do a transfer from previous generation trezor to a newer trezor without having to use the crypto exchanges a medium where fees are being charged on outgoing transfers?
Of course you would just do a migration of your seed phrase. Basically buy a new device and instead of setting it up as new, do a restore from backup phrase and use the backup phrase from your original device. Now the new device has full access to all of the crypto from the old device Same wallets, different device.
🚨 Don’t miss this essential guide! 🚨 Learn how to set up your Trezor Safe 5 and secure your crypto with the powerful Multi-Share Backup feature. 💪 Whether you’re a seasoned pro or just getting started, this video will help you take your security to the next level. 🔒🔥 Watch now, and don’t forget to subscribe for more crypto tips and tutorials! 📈✨
Hello cryptoDad, Lots of respect to you.
I admired the way you making all these technical videos.
I have one question to you if possible please reply to this...
My question is if I have some crypto in stake locking period then is it possible to transfer those crypto (already in stake locking period) to any cold wallet like trezor/ledger?
Thank you and kind regards,
Your faithful follower
In your opinion given both pros and cons would you prefer this over ledger stax/flex
Dad back on it again 🫡
Thanks, very helpful. I think it would be a good idea to do a follow-up video. Add a few dollars worth of coins to the new wallet, then wipe and restore the wallet 3 times, using shares 1&2, then 1&3, and finally 2&3 to confirm in each case the coins show up, leaving nothing to chance before adding a meaningful number of coins. Am I thinking clearly?
Yes, you are thinking clearly. That is a very rigorous way of double checking your seed phrases. I'm just thinking out loud here, but I believe it if you can successfully restore from 1&2 and then 2&3, that it's a safe bet that a 1&3 combo would work, and no need to test it, since you have already used each one in a successful restore. But no harm in being thorough since you've already done the other two.
@@CryptoDad thanks for the reply. I think that makes sense. I didn't consider that. 🙂
So,I have this. I used to access a previous wallet. It supports more coins. That's why I bought it. So, where are they? How do I see this list? It is supposed to support a whole lot more than my original basic Trezor. Where? How? I want to move these coins from an exchange to then new Trezor.
If you want to manage more cryptos, you need to go to your dashboard in Trezor Suite. Over on the side where it shows your existing accounts. There'll be a plus symbol just above and to the right. Click the plus symbol to add more cryptos.
The most important part I wanted to see you didn't do: Making use of 2 out of the 3 lists... :/
Great video cryptodad.
Im surprised and disappointed trezor safe 5 doesnt have more coins to store.
Yes. I consider that the biggest drawback to using the Trezor platform, lack of support for a wide range of cryptocurrencies. If it weren't for that, Trezor would be number one on my list. They have so much other things going for them. Still, if all you're using is Bitcoin and Ethereum, then Trezor is a no brainer.
Thanks Crypto Dad. The original or first generation Trezor is still good to use if preferred? Is there a way to do a transfer from previous generation trezor to a newer trezor without having to use the crypto exchanges a medium where fees are being charged on outgoing transfers?
Of course you would just do a migration of your seed phrase. Basically buy a new device and instead of setting it up as new, do a restore from backup phrase and use the backup phrase from your original device. Now the new device has full access to all of the crypto from the old device Same wallets, different device.