🚀 Migrating to Ledger Stax: Restore Wallets with 24-Word Seed Phrase. Save on Fees!

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  • Опубліковано 6 лип 2024
  • In this video, I walk you through the process of restoring your existing crypto wallets to a brand new Ledger Stax using the recovery phrase from your previous Ledger hardware device. You'll learn how to unbox the device, connect it to your existing Ledger Live, and complete the setup by restoring from a 24-word seed phrase. This method saves on transfer fees and allows you to use your previous Ledger device as a backup. Keep your crypto secure and make the switch to Ledger Stax effortlessly!
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    ⏰ 00:00 Introduction
    💸 00:32 Benefits: Saving on Transfer Fees
    📦 02:23 Unboxing the Ledger Stax
    🔗 04:10 Connecting to Existing Ledger Live
    🔧 05:41 Device Setup Process
    🔄 06:33 Restoring from 24-Word Seed Phrase
    🔐 09:51 Verify Existing Accounts in Ledger Live
    🔄 13:12 Using Previous Ledger Device as a Backup
    🎉 13:59 Conclusion: the Importance of the Seed Phrase
    Recommended Video: Bitcoin Bitcoin Q&A: Are Hardware Wallets Secure Enough?
    Andreas M. Antonopoulos: • Bitcoin Q&A: Are Hardw...
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    Interested in a video chat session to get your new wallet set up or restored? Or maybe you have a technical issue that you can't figure out. Or perhaps you just want a Q & A session. Shoot me an email and we can set something up!
    📬Email: thecryptodad@gmail.com
    💡 DISCLAIMER: This video is for educational purposes only and should not be considered financial advice. Always do your own research before investing in cryptocurrencies.

КОМЕНТАРІ • 30

  • @CryptoDad
    @CryptoDad  Місяць тому +1

    🔒 Just switched to a new Ledger Stax? Learn how to restore your existing crypto wallets with ease! This step-by-step guide shows you how to use your 24-word seed phrase to set up your Ledger Stax without transfer fees. Plus, keep your old device as a backup! Watch now and secure your crypto! 🚀

    • @justabrake
      @justabrake Місяць тому

      Too bad we can't trade them in for the stax I just purchased a new one recently

    • @blackstone9417
      @blackstone9417 Місяць тому

      How you got that one (ledger stax)?

  • @user-cb7xn7vn8d
    @user-cb7xn7vn8d Місяць тому +3

    nice! please consider teaching your public about BISQ

  • @Zebra7e
    @Zebra7e Місяць тому +1

    Thank you for your answer

  • @eriklerner4721
    @eriklerner4721 Місяць тому +1

    Appreciate all you do!

  • @teoteo879
    @teoteo879 Місяць тому +2

    Very nice and well explain, like usual ( this is how some nice people help crypto comunity ) ... I like your office, looks like you have all you need for trading and Yt videos ( i see it in last videos ,befor this :)

  • @JeetKumar-cf9nc
    @JeetKumar-cf9nc Місяць тому

    Clearing out all my Alts going into BTC and Revux only, maybe a little BNB and SOL

  • @Zebra7e
    @Zebra7e Місяць тому

    Hi Cryptodad, if you own both the Ledger Nano S and the Ledger Stax, can you divide the number of coins between these 2 as desired? So not as you explain in the video, that all coins are on both one and the other.
    How long is the battery life of the Stax and how do you charge it?
    The storage capacity of the Stax is relatively low, do you think there will be an update to increase this? Or is this a hardware issue and this is not possible?

    • @CryptoDad
      @CryptoDad  Місяць тому +1

      So of course, you can divide your assets between your devices. Simply set up your ledger STAX as new, and transfer some of your coins from your ledger S. The battery life seems to be pretty good. I don’t have any official estimates, but it seems to hold its charge pretty well. I would imagine if you’re not using it that it would take quite a while to dissipate. When I’m using it, it’s mostly plugged in so I’m not really worried about the battery life. I don’t believe the storage capacity can be upgraded without releasing a completely new product.

  • @jpgrygus
    @jpgrygus 22 дні тому

    Hey Dad, have you done a video on adding the so called '25th word' into Ledger seed phrase for added security? Im hearing all sorts of stories about it. Want to do it but need some specific tutorial on it.

    • @CryptoDad
      @CryptoDad  22 дні тому +1

      It's called a passphrase.
      How to Shield Your Ledger Nano X Crypto Assets: Firmware Update Worries? Use a Passphrase!: ua-cam.com/video/IwBwv-a3Yx8/v-deo.html

  • @-C.C
    @-C.C Місяць тому +1

    Hey dad - what are your initial thoughts on the device itself? Your the first video on this 2 year long wait. Wondering if you think it was worth the wait or not. ......to unbox or to resell, hmmmm.

    • @CryptoDad
      @CryptoDad  Місяць тому

      You might want to check out my first look Video if you’re looking for my opinion about the device:
      🌟 First Look: Ledger STAX Crypto Wallet Unboxing & Setup 📦🖥️
      ua-cam.com/video/SCkX-oY9NtY/v-deo.html

  • @FredMcIntyre
    @FredMcIntyre Місяць тому +1

    😃👍🏼👊🏼

  • @user-bl8cx1jy4p
    @user-bl8cx1jy4p Місяць тому +1

    Hey Can You Tell How Can I Use Passphrase in Ledger Stax or It does not support currently ?

    • @CryptoDad
      @CryptoDad  Місяць тому +1

      Yes, there is passphrase support in the settings. You access them on the stacks device itself. You do have to advance to the second screen of settings. There is a right facing arrow in the bottom right corner. It will take you to the next screen of settings. In the "advanced" area is the place to place to set your passphrase.

    • @user-bl8cx1jy4p
      @user-bl8cx1jy4p Місяць тому

      @@CryptoDad Thanks 👍

  • @kalzadani5046
    @kalzadani5046 Місяць тому

    hi how can i connect ledger x to ledger stax same account

    • @CryptoDad
      @CryptoDad  Місяць тому

      That’s exactly what I’m demonstrating in this video. You set one up and then restore the other using the original seed phrase from the first device. Now the two devices are mirror images and they access the same accounts.

  • @user-mp1fy3ei9b
    @user-mp1fy3ei9b Місяць тому

    Hello! Tell me, does Stax support the Russian language? Also, tell me, you haven’t ordered onekey pro, I’m choosing between stax and onekey pro, I want to make the right choice?

    • @CryptoDad
      @CryptoDad  Місяць тому +1

      First of all, there’s no reason to have to choose between one or the other. You can buy both. (I own both) But as far as the language goes, so far, the only languages I see on the STAX are French, Spanish, and English.

  • @liwilliam5858
    @liwilliam5858 Місяць тому

    Hey dad, when will you make a video about send cryptos out?

    • @CryptoDad
      @CryptoDad  Місяць тому

      I will do some demos on my live stream tonight.

  • @greegp7400
    @greegp7400 Місяць тому +1

    And ledger can extract your seeds 😂 no thanks, hiden recovery features.

    • @CryptoDad
      @CryptoDad  Місяць тому +3

      Pure fantasy. Ledger can’t extract anything. Ledger Recover is a service that allows you to export your private key for cloud storage, but it is entirely optional.