Clone Hardware Wallets. Same Seed on Multiple Devices (Trezor, Ledger, Keepkey, Coldcard, SafePal)
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- Опубліковано 18 бер 2020
- A short video that looks at what happens when you restore the same seed phrase onto multiple hardware wallets. (Trezor, Ledger, Keepkey, Coldcard, SafePal) A great demo of why it doesn't matter if Ledger, Trezor, etc, go broke and also why it's easy to move to a new hardware wallet by simply importing an existing seed phrase. The videos look at some of the benefits of doing this as well as some of the risks that go along with it...
cryptoguide.tips/hardware-wal...
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If you are new to Crypto, my suggestion is that you start with buying ~$150 worth of Bitcoin, Ethereum, Litecoin @ Coinbase and get familiar with storing it, moving it around, etc.
For your first purcahse, just stick with CoinBase: www.coinbase.com/join/5691c9d...
For Trading, just start with Binance: www.binance.com/?ref=18111926
By sticking with large, reputable exchanges for your first purchase (Coinbase) and first trade (Binance) you can avoid getting scammed right at the start by purchasing a non-existing coin off a scammy exchange. (You would be surprised how many people fall into this trap)
Don't have a hardware wallet?
Be safe and buy them direct from the manufacturer. (Not just through some random on eBay, Amazon, etc)
Get a Ledger: shop.ledger.com/?r=5243ecbb84...
(If you are just starting out, I would just recommend a Ledger Nano S)
If this was helpful, feel free to send me a tip:
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#bitcoin #btc #ethereum #eth #cryptocurrency #crypto #ledger #trezor #security - Наука та технологія
Keep all your crypto safe & upgrade to a Ledger Nano X Hardware Wallet shop.ledger.com/pages/ledger-nano-x?r=5243ecbb8427
Alternatively, if you prefer a 100% Open Source wallet, a Trezor One is also a great value wallet shop.trezor.io/product/trezor-one-white?offer_id=14&aff_id=2922&source=UA-cam
I invested in btc in 2011. I had a friend helping me because I had no idea of what to do. He gave me a file in a flash drive back then. Since then, I’ve been trying to learn more and more, but never had the time to sit and watch many videos. When I started last year, I found a bunch of videos with crypto gurus announcing the 250k bitcoin and/or the crash. Also, a lot of paid content to promote exchanges and platforms. I’m happy that I’ve found your channel since it is very informative and your site has a lot of useful information. Thanks.
Glad it helped.
Great video - will check your excel link as well! most comprehansive work on this subject!
Glad it helped
thank you, super informative
Glad it helped
Love your channel really helpful thank you
Happy to help!
Excellent video! Thank you. I will probably pick up a Ledger Nano X and a Trezor Model T.
Nice :)
Perfect! Thanks much Crypto Guide!
Glad it helped
Great video! I have a couple of questions- if you’re using a ledger but have 2 btc accounts, segwit and native segwit, is there a way to combine them into just one, how? And if you’re using a ledger and you want to migrate your btc to CC and only keeping altcoins (don’t want to keep any btc in ledger) in ledger, what’s the best way to do this? I’d assume you have to transfer it, which means paying for the transfer fee, but I wonder if there’s a better way.
In terms of the two accounts, you can't really combine them. You *can* use your Ledger with something like Mycelium which stacks bitcoin accounts of different types together and represents them as a single account. (The accounts will remain separate, but Mycelium will let you take inputs from both when sending)
In terms of the Ledger and the ColdCard, unless you end up using the same seed on both (which undermines what you are trying to do with keeping BTC off the Ledger) then there is no way around simply sending a transaction from one wallet to the other.
thank you for your video very instructive. I wonder if I use my coolwallet seed on metamask it will work?
From what I can see the coolwallet uses BIP39 seeds, so will likely work fine. I actually have a coolwallet that I will do an unbox and review on, so might have a look at it this weekend to double check.
Thank you very much! I have a question, I got TRON(TRX) on my ledger and I want to use a Trezor as backup, but I saw TRON is not supported by Trezor, is there a problem/risk loose my TRON or I won't just see my TRON on Trezor?
You just won't see it when using the Trezor, it doesn't harm it in any way.
I am using the Nano S right now. But would like to clone it using another hardware brand to use day to day at home. Then put my Nano s away for safe keeping.
You are saying I can restore on an Ellipal wallet, using the 24 seeds code I originally got when I set up my Ledger Nano S? And I will have same private keys on both wallet?
Please confirm.
Thank you for your vid.
Yes, though the problem is that an ellipal isn't going to work well as it only lets you use a single address for Bitcoin, and one account. An ellipal offers less physical security, so you would be better off taking the nano S out and about with you :)
Thank you very very helpful
Glad it helped
I have the same seed on my old nano s which I swapped out as I was fed up of constantly having to add and remove apps and new nano s plus which holds all apps at the same time. I probably won't use the old wallet again but it's good to have in case I break or lose the new one . Ensure you keep the firmware up to date on all devices , as they could have fixes to bugs or potential vulnerabilities
Always handy to have a backup device :)
Hey, Ledger seeds will support on Safepal ? Recently switched to tangem from ledger but it is not accessible with import.
Well yea that's because Tangem doesn't follow standards...
Thanks for the information on this. I have a question.
I have the same seed on two ledger nano wallets. If one of them was to end up in the wrong hands and the amount of pin code attempts was exceeded and thus reset it factory settings, would this have any affect on the hardware wallet which is still in my possession? Ie would I still be able to access the device with my pin code?
Great question. No, each device is completely independent, each can even have it's own different PIN while still sharing the same seed. I cover it in more detail here: ua-cam.com/video/53khH9vDw2I/v-deo.html
Brilliant, thanks so much. Subbed
Thanks. Let me know if there are any other questions or issues that you want me to look at :)
Hi Steve, I dont see a rating for the D'cent wallet? Have you done a review on it?
I have one, just hadn't gone though it in detail. It's basically in about the same category as a safepal/Ellipal (closed source, need to use vendor supplied app, etc)
Thanks!
Glad it helped
Thank you very much
Glad it helped
Great video. This clears up a lot of questions I had. One question that remains, though is the following: If you had a passphrase enabled on your trezor and you want to restore it to a ledger nano S, is that possible? Or will ledger not recognize the trezor created passphrase?
Yep, Trezor and Ledger both follow standards well so passphrase will work on both interchangibly. The only exception is things like Ledger not allowing the ^ character in a passphrase and Trezor limiting the length to 50 characters. (Ledger allows 100)
@@CryptoGuide which protocols of seed and passphrase creation are the standard? I dont want use none hot or cold wallet that don't use them.
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Are you familiar with KeePass. My seeds are in KeePass files. Each of those file and keyfile stored separated in Vera Crypt container.
And I also use the pamper cards
The digital backup is likely very fragile and prone to bring leaked when accessing it...
Good to hear your still have a paper backup.
True, however something important to consider is the type of Bitcoin wallet you are using legacy, segwit1, or segwit2, for example if using legacy Bitcoin and restored on a wallet that only supports segwit2 your funds will show as 0, so it is important to know the type of wallet when restoring on another hardware wallet, for example electrum (coldcard) gives you 3 choices, trezor 2 choices, ledger I believe it is 3 choices, also sometimes it's possible to run into strange problems for example I restored a zion on a trezor and the balance was not correct, maybe Zion had migrated to segwit2 and trezor was on segwit1. The very importing thing to remember as long as you have the seed secure your funds are safe.
Yea for sure, there is a good list of the derivation paths that different wallets use here: walletsrecovery.org/ Frankly I would avoid anything that doesn't follow the standards well in the first place...
Thank you!!!!!
You're welcome!
great video, new sub
Thanks, let me know if there are any questions or topics you would like to see covered.
@@CryptoGuide i just found your channel gonna binge watch but if i dont find any lightning wallet videos then thats frist request. already used most 1st layer mobile wallets edge,bread,blue,coinomi,mycelium,trust, electrum,green,enjin,samouri. now looking into lightning wallets like pheonix, blue, lightninglabs, wallet of satoshi, zap. so far phoenix is easiest to use others fail sending and recieving, its prob me and not knowing exactly how they work
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Very interesting video. It works well for some coins on ledger and safepal such as ETH and BCH but I cannot access Safepal LTC (segwit) on my Ledger - it only works for LTC legacy? Any workaround for this issue?
Not really. For some reason they support only legacy and native segwit for LTC and legacy and segwit for BTC... The only option with safepal is to bug the development on telegram and to workaround by using accounts on your Ledger that the safepal supports... (Though I don't think ledger live supports native segwit for LTC, though this may have changed recently) If you do want to access the native segwit on the Ledger, you will need to use Electrum-LTC and create a native segwit account...
Crypto Guide Thanks a lot for the clarification!
@@CryptoGuide I tried it out with LTC-Electrum and native segwit settings and it works perfectly. I can now access my Safepal segwit LTC with Ledger on Electrum. Now I have a safe alternative access to all my coins on Safepal! Thank you very much!
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Hello, Loved your vids... I am trying to by pass the 3rd party servers e.g. Coin base and such. question is : If I can send bitcoin to a public address.. would I be able to do a full sweep by sending a private key to a public address ??? eagerly awaiting your vast knowledge in this matter..
Your question doesn't actually make any sense... I don't know what you mean by full sweep, sending private keys, etc... (Your private keys never get sent anywhere) So are you trying to avoid buying Bitcoin on something like coinbase? Are you trying to have some kind of privacy in terms of the addresses you use after withdrawing from an exchange?
So if someone tampered a hardware wallet you could just reset the keys and you would be good to go right?
Depends on how it was tampered with.
Does it make any sense to have more than one of the same kind of hardware wallet, and keep the wallets in different locations? And if so, how exactly would the recovery seed be cloned onto the other wallets? Or am I thinking about this all wrong, i.e. I can input the recovery seed via the second or third hardware wallet(s) to gain access to the crypto from wherever the other wallets are located? In other words, I just keep the wallets wherever I want, and there is no cloning of the recovery seed onto the other wallets until the time comes to get access to the crypto from that wallet?
Having multiple wallets of the same model/vendor can be good to have a hot-spare. Basically you would just set up the first hardware wallet as normal. For the second one, you would select that you want to restore the recovery seed (as opposed to generate a new seed) and then you would have two hardware wallets with the same private keys. You could also leave unititialised devices that are just spares where you only restore the seed on to them when you propose to use them. The advantage of having some hot-spares is that hardware wallets generally have good protection against physical attacks (like a Ledger) so they are secured by a PIN.
THANKS Much!
Glad it helped :)
I have a Ledger Nano S Plus, which uses a 24-word recovery phrase. How can I create a second hardware wallet as a backup if I want to use a different brand, like Trezor, when Trezor uses a 12-word recovery seed? Don't the two hardware wallets need to have recovery phrases of the same length?
Trezor supports 12, 18 and 24 word recovery seeds. (Some of them just generate a 12 word seed by default, but still fully support 24)
Set up standard wallet, is there a way we can switch to Shamir without having to moving our assets?
No, you need up create the new wallet and manually move everything.
Hello, I had a problem that I send some NFTs from polygon network onto my trezor, will I be able to recover those NFTs if I use the same seed phrase on a ledger?
Yep
How Can i transfer crypto from nano x to a different vendor hardware wallet? Do i set up new wallet as a new device and get another 24 word phrase?
You can either just restore your seed from the Ledger into a different device, or you can create a new seed with the new device and manually send the funds to it.
I use a Ledger Nano S Plus for storing crypto, it recently stopped working. I'm getting another one in the mail but if I'm in a pinch and it stops working again, which software wallets do you recommend for desktop to recover my account?
Something on your mobile is generally going to be more secure than your desktop. Are there any particular coins you would be looking to access or just asking generally?
I have a trezor one and I ended up buying a Ledger nano plus, I wanted to use the same wallet (seed) on both, is that possible? (I just want to leave the ledger nano plus on another computer in case something goes wrong on my main one and I have this reserve
Yep, should just workwith everything except for Ada.
What if you recover seed on new hardware wallet then after confirmation wipe or reset the old original hardware wallet? Are there things to check for
Not really, as long as you verify that it works on the new device then this verifies that your seed backup, etc, is all fine.
Can you do multisig with cloned wallets ? and if you can, is it a good idea ?
What does this even mean? When you have the same private keys on two devices, they access the same wallets and addresses. (It's functionally the same device)
You *can* set up a multisig wallet where all of the signers are derived from the same seed, just on different derivation paths. You can also do it where signers share the same seed, but have different BIP39 passphrases. You can also use something like BIP85 to derive multiple seeds from a single root seed and make multisig with that.
The real question is what are you hoping to achieve through using Multisig?
I have a Ledger X and a Nano S and was wondering how to setup the Nano S as a backup. I want to give the second device to a trusted person but want to make it as easy as possible to use if need be. You touched on this matter and if I am understanding you correctly all I would need to do is setup second device with same seed phrase and download whatever apps I am able to and it will achieve this goal
That's exactly right. If you restore the seed into a second Ledger Nano and install the relevant coin app then it will work the same as the first, Ledger Live won't even know the difference. The second device can also have a different PIN to the first one, something I cover in my video on seedphrase, passphrase, pin and password.
@@CryptoGuide you are the best with the explanation. Thanks 😊
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Can we use same wallet (same seed) on safepal app on mobile and Leadger Nano x in the same time?
Yes, the issue is that a Safepal doesn't support the same number of accounts and address formats as a Nano X, so the safepal will only show you (maybe) the first account for each... (So the Nano will work for everything on the safepal, but not the other way around)
we can only recover funds through hardware wallets not software wallets like MEW electrum etc using recovery seed ?
Avg BIP 39 wallet should work and I have a video that walks through this. Just be aware that if is far less secure :)
I’m late to the game, found your channel and appreciate your knowledge. I have a question that hopefully you can address please.
On bitbox02 and possibly others the pass phrase is not stored. I presume this cloning advice will also work for wallets with a passphrase? You also made a video where you used the same 24 word seed concurrently on multiple wallets. I presume this would also work with a 24 word seed plus the same passphrase concurrently on multiple wallets?
The reason I’m asking is that I’m trying to understand or at least confirm that the seed plus passphrase combination will always generate the same private and public keys regardless of wallet brand/type. Are there any gotchas to this assumption that would make moving funds from one walket to another? I know it’s not the funds being moved but the term wallet seems to be used loosely for multiple definitions (hardware,,seed, keys etc).
The reason for my concern is that I want to be sure before I commit funds into a specific “wallet” I can later move them without loss.
Thank you
The same process works fine for a BIP39 passphrase too. The only catch is that there are some vendor specific limitations around what you can use, for example Ledger devices don't let you use the ^ character, while Trezor devices limit you to 50 characters.
@@CryptoGuide thanks for such a prompt reply! Yes, good point that I should ensure that I use a passphrase that meets the lowest common denominator requirements of all vendors to be safe.
However, maybe I didn’t ask my main question clearly, so please let me try again.
I understand the 24 seed words are just generated via a known algorithm defined by BIP39 from the entropy generated during setup also known as the master key. Therefore, if a known algorithm can function in one direction then it can function in the opposite direction to find the master key from the 24 words during recovery.
My question is, how does a passphrase get applied in both the forward and reverse directions such that you generate a different master key during setup and get back the same master key during a recovery? Is it also another BIP39 defined known algorithm?
Thank you.
The BIP39 passphrase is simply part of BIP39. Your hardware wallet basically store the seed words and then the passphrase is used as part of the "salt" for the hashing function that is used to derive the keys each time you unlock the device. (This is why your hardware wallet will pause for a few seconds as part of the unlock/startup, as this hashing happens every time)
This might be a bit on the technical side, but it is explained here: github.com/bitcoin/bips/blob/master/bip-0039.mediawiki#From_mnemonic_to_seed
@@CryptoGuide I understand it. thank you for your time
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Are all seed phrases compatible on all cold wallets?? Like for example could I recover a 12 word seed phrase on a ledger nano that usually uses 24 words?
Compatibility isn't universal, as there are some wallets (BCVault) that don't follow BIP39 standards at all and others that don't always support the same account types (eg: Bitbox02 doesn't support legacy Bitcoin accounts), things like a SecuX W20 doesn't support native segwit, etc... If you stick with Ledger/Trezor then everything will pretty much work...
That said, when it comes to length of seed, that is generally not an issue at all.
@@CryptoGuide so for example can I backup my ledger nano on the ellipal titan??
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So if ledger goes bankrupt i can for example get a trezor hardware wallet and apply the 24 word seed phrase?
Yep
If i recover my ledger seed to trezor will i be able to see my ledger balance on the trezor?
Yep, the only issue is that you might find is that if you have been using Native Segwit in Ledger Live, this won't be supported automatically in the Trezor Web wallet. (though should appear fine in the upcoming Trezor Suite)
That said, there is nothing that will prevent you from accessing all the same accounts across both devices if you use a 3rd party wallet like Electrum.
@@CryptoGuide I have been looking for this answer forever but I tried to import my seed phrase in trezor and access through metamask and I can’t find my balance (using a ledger live address). My ethereum doesn’t show up in the trezor suite app either :/ any tips?
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Crypto guide I’m so glad I found your channel.
Question: please reply I never get replies
I have a Trezor and hold Ada on on of the Ada web pages. My Trezor needs a firmware update but I’m worried I will lose my Ada if firmware update fails.
Is it wise to take the Ada from the eg Ada lite or yoroi to an Exchange - carry out firmware update on Trezor t , then when it works move it back to eg your Ada lite or yoroi?
I’m scared to update firmware on Trezor t. Regards Jason
If you have a working seed backup for the Trezor then there is nothing to worry about, as you can always flash it to a replacement device if something goes wrong with the update. (Or alternatively, use the seed in a software wallet to recover the funds without a Trezor)
If you haven't done one, just do the dry-run recovery to verify that your backup is 100% correct.
@@CryptoGuide I’m grateful for your quick reply. I have done a few weeks a go a test to see if my X word seed his correct and I got all the words right. This will mean that if I do the upgrade a firmware and fails - as long as my X word seed is correct I can recover my Ada.
Thankyou so much J
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I am really new to crypto. I purchased a Trezor T and I am going to buy ETH and exchange it for THETA. THETA is not on the Trezor Supported coins & tokens list but I watched a video that showed how to get THETA into the Trezor when making an exchange from SimpleSwap to ThetaToken by selecting the HARDWARE tab on ThetaToken. Can you tell me if this is correct information or will I run into a problem.
Have you tried just sending a small amount here wallet.thetatoken.org/unlock/cold-wallet it used to work fine
@@CryptoGuide Thank you! I will try sending a small amount. I appreciate your help.
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newbie here: if I clone a trezor- to another trezor - can i still access the "hidden" wallets with pass phrases with no issue? same questions for trezor to ledger- I am reading that ledger does not have pass phrase "hidden" wallets" is this accurate ? also 1 more: trezor to exodus? how would a user who clones trezor to exodus. Access the "hidden wallets". thank you I really appreciate your videos
BIP39 passphrase is not vendor specific and will work fine across Trezor -> Ledger, etc. (This is what is being referred to when people talk about hidden wallets, 25th word, etc)
The main limitation with this is that there are some vendor specific limitations about what you can use in a passphrase. For example, Trezor will only let you have 50 characters, compared to Ledger allowing 100. Ledger also don't allow the ^ character.
If you have a Trezor, you can use it directly with Exodus, you don't need to go importing your seed anywhere. (And you shouldn't go importing the seed from a hardware wallet into a software wallet anyway)
Thanks for the reply- if I went from trezor to ledger? I am having a hard time understanding - if I use the ledger desk top software lets say- and I have hidden wallets on the trezor- will each hidden wallet pass phrase on the trezor- now become a login on the ledger desk top once I clone from tezor to ledger? I do not see any documentation on this on ledger or on trezor
Ledger is different in that you enter the passphrase on-device, I cover how here: ua-cam.com/video/UfqJI3pt36s/v-deo.html
Basically each passphrase that you used for your Trezor can be used with the Ledger, either entered in a temporary manner or assigned to a second pin. Ledger Live works differently to Trezor in that it's actually a watch-only wallet, so you can see the balances of all the different passphrase wallets at the same time. (This can actually get folk into trouble as I cover here: ua-cam.com/video/cWBbMQWtSvU/v-deo.html)
Question.. if someone bought a new sealed trezor wallet used from fb could this be cloned , I.e what ever one person placed onto the trezor a remote hacker could transfer the funds out with the knowledge of the other person? Many Thanks
Great question. :) If you generated a new seed when you initialized the device, no. The typical scam that happens for this sort of thing is that a scammy vendor will include a card with a 24 word seed that they tell you to use, or ship the device pre-initialized. Setting a strong BIP39 passphrase would actually even protect you in the instance where some scammer provided the seed.
But yea, the key thing is that the device is generating the seed. It should generate a completely new seed every time you reinitialise it. (So if you set it up and then wipe it before sending any funds, it should give you a completely new seed the 2nd time around... If it spits out the same seed twice then you have a device that has been sabotaged. (Though this sort of attack doesn't appear to have occurred in the wild)
Crypto Guide thank you for your wisdom friend! Just everyone try’s to save a buck even if they risk thousands, human nature! Is there a free way to send btc from cbpro to trezor? Thank you for your time :-)
No worries. Withdrawing via Coinbase Pro should be free anyway, so as long as you always withdraw from Coinbase via Pro, you pay no fees :)
Crypto Guide cheers buddy!
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I have a Ledger Nano S and also bought a Trezer Model T to create a backup of my Ledger device. They both use the same recovery seed and my Trezor is able to detect the same Bitcoin address as on my Ledger so that works. However, I cannot do the same for Ethereum. My Trezor seems to have its own Ethereum address and not picking up the one in my Ledger. Do you know why this is and how can I set it up in the same way I have for my Bitcoin address?
Ledger Live and Trezor Suite use different derivation paths for Eth. If you go in to the account settings -> advanced logs for the eth account in Ledger Live then you can find what it is and then use you Trezor with something like MyEtherWallet and customise the derivation path...
Alternatively, Ledget Live will happily find and use the derivation path that Trezor uses, so if you send a small amount of Eth to the Trezor default Eth address, then run the "add account" workflow for Eth in Ledger Live, it will find the account the Trezor is using.
@@CryptoGuide Thanks for the info. I was able to add my Trezor address to my Ledger in Ledger Live and it can see both addresses however my Trezor cannot see my original Ledger ETH address. I tried to see if I could customise my Trezor address to match the same one as my Legder in MyEtherWallet but was unable to figure out out to do this as I couldn't see any option available. Could you elaborate on how to modify the path?
When you use your Trezor with Mew, you can specify a custom "HD Derivation Path" On the "Network and Address" screen. The derivation paths that you need can be found here: support.ledger.com/hc/en-us/articles/115005200009-Set-up-and-use-MyEtherWallet or via the advanced logs in Ledger Live.
My Exodus wallet on windows is now inaccessible, opens up with errors with no access to anything. They say it is a win 10 error. Can i move my 12-word phrase to a zelcore wallet and if so how do I do that?. Thank You so much for any advice.
Your best bet is to just use Exodus on your mobile.
Awesome ⭐️⭐️⭐️⭐️⭐️⭐️
Glad it helped
I create a electrum wallet using ledger nano s, if a lost it. Can I restore electrum wallet using the 24 words (seed phrase), that I originally got when I set up my Ledger Nano S? Thanks a lot!
Yep, you can use the seed from the Ledger directly in Electrum (Though doing so will compromise your security of the wallet)
@@CryptoGuide Got it! thanks for your help !
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What if some coins cannot be stored on other hardware wallets
They are all still on their blockchain, but you will only be able to use a hardware wallet to interact with coins it supports.
Great informative videos 👍 question is is possible that these hardware wallet have preprogrammed rainbows of known seed that pretend to generate a so called random seed ?
For closed source wallets the seed generation could be non-random. That said, there is nothing stopping you from simply using your own seed that you made with dice, or simply adding a BIP39 passphrase. (For any decent wallet)
Thanks you ! I have a cold card that allows you to generate a seed with 99 dice rolls , how can I can cross check those rolls inodendently on a isolated environment so I can be sure the cold is truly generating a same seed / private key to they of islolated environment? Surely the results of dice rolls should result with seem seed righh?
I would be so awesome if you create a video to over come such anxiety of these hardware Wallets can crossed checked to ensure they are pre loaded with a rainbows seeds and that their result can easily verfied 🙏
If you are worried just follow my video on generating a seed with dice. You can then verify that both the BIP39 tool and the ColdCard are giving you the same addresses.
Thank You so much ⭐️⭐️⭐️⭐️⭐️
If I give to my email . Can you send un-tampered bip39 tool? 🙏or do you have secure version I can download from yoir website ? I just don’t trust the internet anymore
Does it have to be bip 39 for this to work...or could u use my seed from ledger and go to a onekey touch?
They both follow the BIP39/44 standards, so it will generally just work. Some coins like Eth will behave differently if you have multiple accounts, but for stuff like BTC it will all be fine.
@@CryptoGuide that's great I want to get a different wallet after ledger and I like the onekey touch the best besides trezor but onekey has more token support
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you should STILL be very careful of what you do, the seed phrase is not all there is to it, the derivation path is also important! segwit enabled wallets wont show funds on keepkey client, for example. Most hardware wallets use m/44'/0'/0'/0 but you should check that first too
Yep, derivation paths are important but fortunately are consistent within mainstream wallets now based on wallet type. This is a big part of why it's worthwhile to have a backup that you are familiar with using before you actually need it urgently :)
I have my Segwit (BECH32) coins on KeepKey but did have to drop them a line to ask that they enable it on ShapeShift. It took only about an hour for them to set it up and it works perfectly. It appears they may have fixed this permanently now.
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So am I right in thinking you can literally send money to a btc address then destroy the wallet then in the future access it on a new wallet, hardware or software as long as you have the seed phrase?
That is exactly correct. (You can also destroy/wipe the wallet before you send the funds, as long as you generate the address)
Fantastic. It's a genius system. Thanks for the heads up. Great videos.
Thanks, glad it helped
thx for showing your seed phrase, i got it now ahha
That's the intention, you can also see how those same transactions I demonstrated look in your wallet :)
@@CryptoGuide ahahaha 😂
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Great info, does anybody know if it is possible to restore the seed created in a coolwallet s onto a Ledger Nano S? Thanks for your help!
Coolwallet S seed will work fine on a Ledger. The only possible issue is that the Coolwallet S handles P2SH Segwit accounts in a non-standard way, so you may need to use Electrum or Electrum-LTC (which you can do securely with a Ledger) to see and move those if they accounts aren't automatically picked up my Ledger Live.
@@CryptoGuide thanks!!
Basically the Coolwallet S does Bitcoin and Litecoin p2sh Segwit addresses on the p2pkh derivation path... So you need to use Electrum and set the account type to p2sh Segwit, but use the m/44'/0'/0' derivation path.
@@CryptoGuide thanks you I keep this info, in any case I just need It as a backup ,hopefully the coolwallet company stay with us many years, not so clear about the bluetooth of the card!
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Can i restore a ledger nano x seed to a safepal?
Yea this will work fine as long as you only have one account per crypto, only used the supported address formats and are happy with the security downgrade of moving to a safepal.
@@CryptoGuide i was thinking of using the safepals as backups to a ledger x. Would you think this is a good idea?
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Hi! :)
Could I restore a wallet with seed from Electrum on Trezor and opposite seed from Trezor on Electrum?
Thanks for help!
Electrum can restore a BIP39 seed generated by a Trezor, a Trezor can't restore an Electrum seed, as they follow a different standard.
@@CryptoGuide BIP39 is 24 word seed.
Only possible to generate with linux on trezor suite?
Obviously than electrum will only show btc also when having other coins on trezor?
Thank you! 🙂👍
The Trezor will always generate BIP39 seeds, the OS you are running doesn't matter. Electrum will always generate Electrum standard seeds. (But does let you import BIP39 ones generated elsewhere)
Electrum will only show you the Bitcoin, nothing else. (They are still there, just not accessible via Electrum)
Thanks for sharing your knowledge 🙏😊
No worries, glad it helped :)
How do I transfer crypto from ledger nano x to a different cold hardware wallet ? Need help with this
Just buy one that supports BIP39 seeds and restore your Ledger recovery seed into it.
So when I set up my new wallet don't select setting up new device
Basically yea
Dies Ellipal shares thus Feature?
Not really... It only ever used the first address for each crypto, do you will never see your full balance on it... It doesn't really follow standards well...
My dogecoin transaction is stuck on the ledger. Can I use my seed phrase on say coinomi and have my funds show without it being stuck?
When you say stuck, what do you mean? You could use your seed in coinomi and use your Doge account, but doing so will compromise the entire seed on your Ledger. (and all the crypto you have on there)
@@CryptoGuide sorted it out now. had to reset the ledger, new mnemonic phrase etc. quick tip... always use custom fees as they're software miscalculated and caused a lot of issues!
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Ive been trying to find out if other wallets support trezor hidden passphrases? If my trezor breaks is lost or stolen and I cant get hold of another trezor would I be shit out of luck with the hidden pass phraases?
"Hidden Passphrase" as you call it is just BIP39 passphrase and is supported by any decent hardware or software wallet.
@@CryptoGuide Thanks fir your reply and my bad I didnt word my question properly. OK so my trezor model 1 has a hidden wallet feature where you can create any number of hidden wallets within your device all secured with the 24 word seed.Even if someone has your seed they need the extra pass phrases to access the hidden wallets
I'm fully aware that any hardware wallet can recover my seed but only trezor wallets have this extra hidden wallet feature. I am just concerned that if trezor went belly-up I'd be shit out of luck with these trezor hidden wallets and am questioning if they could be a liability more than an extra security feature. Make sense?
They need the seed+passphrase, but if the passphrase isn't sufficiently complex or could be brute forced
There is nothing Trezor specific about their implementation of hidden wallets, any BIP39 wallet can be used to access it.
This is incredible
Am I able to have my wallet protected by my key and connected to an exchange at the same time?
No, I suggest you watch my video on choosing a wallet to understand the differences between keeping your funds on an exchange vs a hardware wallet.
@@CryptoGuide yeah I will go watch that.
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Can software wallets do the same? Like between trust wallet and metamask, etc?
Yep, if you put the same seed in metamask and trust you will see the same eth account. (The risks are just far higher for software wallets, as any one could leak your seed)
@@CryptoGuide okay thanks
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hey Recently, I switched from Ledger nano s plus to Jade wallet, I did import Ledger phrase to Jade wallet, My all of bitcoin is in Jade wallet and imported was succeed , Is it safe to import " seed phrase to other cold wallet? " I hope that my Seed phrase is safe, I never ever write my Phrase seed on online or take a picture on the phone, It's always in offline. Please let me know your opinion!
As long as you have kept the seed offline and secure, there is no issue with using the Ledger seed with a Jade :)
@@CryptoGuide thanks man 🙏
No worries
hallo, working also for SW Wallet?
Yep, same principle
I have 2 questions please adress them. Is it safe to keep safefal 18 digits seeds on ledger wallet for the backup ?
And there is any possibility that hardware wallet manufacturers can read your seeds ?
Ledger is safer that Safepal, so this should be fine.
There are a number of ways that a hardware wallet vendor can do malicious things with seed generation and storage, but open source software to the greatest extent possible and a longstanding reputation for vendors that still have some closed source parts.
How ledger is safer than safepal. Since both are hardware wallets so both wallets should be equally safe and reliable
Safepal is totally closed source from top to bottom, the hardware, communication over QR and the software companion app... There is no way to know whether it's competent, let alone malicious... Safepal also have a far shorter track record when compared to Ledger...
So yea, if you have both, the Ledger should be your primary device, with the Safepal only being there in the event that something goes wrong with the Ledger and you need to access the funds before a replacement Ledger can be sourced...
If you want to see how they compare, you can look at my hardware wallet feature comparison here: cryptoguide.tips/hardware-wallet-comparisons/
In other words we cAn simply keep millions of dolars crypto in ledger wallet with peace of mind
Ledger far moreso that Safepal, as Ledger at least has mostly open firmware and fully open device communication and wallet software.
Sorry to bother you on a Sunday, bit it was not the lighting. Could it be that I need to create a new wallet instead of recovering a wallet, which is what I have done. Surprisingly your video as far as I can find is the only one covering this topic on all of UA-cam, and wondering if all Cold hardware wallet holders are aware this is possible? Thanks in advance Crypto! Guide!
No, it doesn't matter if it's new or recovered, it's the same as far as the software is concerned.
Basically the safepal isn't great and is totally closed source from to to bottom, so there isn't much you can to do debug it other than try a different phone.
@@CryptoGuide Thanks much for the expedient reply! Finally succeeded in setting up SafePal! It was a bad phone scanner. However I thought by cloning in this case the Ledger wallet on SafePal the cloned token balances would also show? Instead I'm assuming you have to add and receive (transfer) each balance since only the ETH balance is cloned and shown! If that is the case transfer and receiving balances is not cloning? Please advise and thanks much again for your time Crypto Guide?
Which balances missing?
@@CryptoGuide Thanks for replying Crypto Guide. All the balances did not clone over to SafePal except for ETH, FLR, and SGB. All others like TRX , SGB, ADA, and DGB I added manually with zero balances.. The most important token XRP did not clone, and must be added manually, which I'm reluctant to do as the most valued token!
Yea basically safepal probably isn't following standards properly in terms of how they do the derivation for these coins. (Though the standards themselves are a mess for obscure coins and stuff like ADA)
Basically it's working as well as it will for those alts, do either leave some on the Ledger or manually move them over.
How do u get a trezor 1 to illuminate so u can see the number pattern...can I get it repaired?
Has your screen failed? Does the PC detect it at all? Basically you could replace the screen, but it's likely easier to get a new Trezor and restore your recovery seed.
@@CryptoGuideTried using a new Trezor but Theta pass phraze is not recoverable that way like passwords are.
I lost my keys to theta so the only way I can save my Theta and tfuel is to enable the screen on the Trezur ti illuminate...yes the computer seems to detect the device. I just don't know how to enter the number without knowing what boxes they are in.
@@CryptoGuide Do u know anyone who can work on the Trezor screen to mak it illuminate? I've been carrying it around in my pocket for a few years noe.
This makes no sense with regards to the Theta, as it is just derived from the Trezor seed like everything else... Do you have the seed for the Trezor with the non-working screen?
@@CryptoGuide yes sincd only that specific device will open Trezor without my having the seed words or pass phraze.
Can you restore trezor t seeds and passphrase to metamask ?
Metamask doesn't support passphrase, so you will need to use something like Coinomi or MyEtherWallet.
@@CryptoGuide thanks for letting me know. Any app wallet that you suggest to do swap on the fly without using the computer?
Coinomi. (Though just be aware you will need to add the Eth wallets with a custom derivation path)
MyEtherWallet also works on mobile.
Is remembering the 24 words enough to recover all your funds? does the 24 word also remeber your adress?
You need your recovery phrase and it's also helpful to keep a note of which hardware/software you used with it.
@@CryptoGuide how do you know for sure that the 24 words generated by your wallet/software are completely random, and not pre determined by the creator of the wallet. Could they for example use only the same 50 words out of the 2048 that Bip39 has. And hereby drastically limit the possible combinations to break all the seedphrases of custommers they sold their wallet to? How can they be trusted?
For a closed source wallet the simple answer is that you don't. (Though if you are worried, you can just add a BIP39 passphrase)
@@CryptoGuide thank you for your answers🙏
No worries, stay safe :)
so how do you use 1 seed phrase for all wallets?
You just generate it on one and restore it on the others
@@CryptoGuide soft ware wallets or only hardware wallets?
Either, though importing a hardware seed in to a software wallet undermines a large part of the security that a hardware device offers.
Have you done a video tutorial on how to clone the same seed on different brand hardware wallets? Thanking you in advance Crypto Guide!
It's simply a case of using the restore process (which differs for each vendor) It's covered in my videos on "reset, restore, verify" for Ledger and Trezor
@@CryptoGuide Many Thanks Crypto Guide! Anxious to check out your video!
Watched your very informative video! Prior to connecting with you I had already set up the process with my SafePal hardware whereby I used my ledger Nano x seed phrase to Clone the Ledger account on my SafePal Hardware using SafePal's guidelines. But on the last step the scan on the SafePal hardware wallet with my phone would not take. Several attempts failed, and then is when I found your video looking for assistance! Any input would be greatly appreciated Crypto Guide? In any event thanks for all the valuable assistance, its greatly valued!
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0:25 i though you were going to explain how to clone a hardware wallet. Where do you do that?
Basically you just restore the same seed onto the other devices when prompted at the initial setup, rather than generating a fresh seed for them.
@@CryptoGuide you write your old seed on your new devise when prompted? Just that?
Yep, though the catch is that not all devices implementat standards properly, really basic stuff like Tangem and Ellipal don't properly support Bitcoin accounts, so you may not see the whole balance. (Compatabiliy can also be very hit and miss for altcoins)
@@CryptoGuide oh ok. So I’m going to buy another identical device from the same brand so to have two devices. Then I’ll just write the seed on the new device, yes?
That's it's, same seed on two devices from the same brand should "just work" and be interchangeable.
hi how do I import a ledger passphrase into a Coldcard?
You just select that you want to import an existing seed, it's covered here: coldcardwallet.com/docs/import
Hi yes I understand you can import a seed but I’m asking about the passphrase?
coldcardwallet.com/docs/passphrase
Honestly if you aren't prepared to read their docco for this basic stuff then the Coldcard is probably not a good wallet for you at all... There is zero hand holding when using a Coldcard so you need to be committed to learning about both the hardware and software that you are running...
@@CryptoGuide Yea the answers aren't there to my specific question but thanks anyway
And which questions are they not answering?
I tried that with funds stored on my Ledger Nano S and restored on my Trezor One. My ETH and ERC20 token were not visible on my Trezor.
If you use something like MyEtherWallet or MyCrypto and have the same derivation path they will all be there. Prior to Ledger Live, Ledger used a different derivation path to just about everyone else and even with Ledger Live now, they increment their derivation path differently if you have multiple accounts...
Your best bet is to load up your Ledger, not down the derivation path and then make sure you are using the same one in MyEtherWallet
Great Video!
I have ETH/BTC/ADA , I have an Exodus desktop client wallet which hold those coins PKs. I'll transfer my coins from Exodus to my ModelT Trezor (when I get one). Can anyone now who has access to my desktop exodus client (which has a password to access the client) transfer my coins out?
IE they don't need my Trezor?
I am doing some estate planning and am writing down instructions on how my family could access my coins.
I am wondering if I need to tell them to attach the trezor or not.
I would also give them access to the seed, but want to make it easy for them.
BTW, Exodus is installed on a laptop which is packed away in a cupboard and is never accessed unless coins need to be managed.
What would be the benefit of my getting a TrezorT and xferring my coins PKs to it, as opposed to leaving them as-is - in Exodus?
Once you move the funds on to the Trezor then someone will need either the Trezor, or your seed phrase restored in to some other hardware/software BIP39/44 wallet (Ledger, Trezor, etc), to access your funds.
Your best bet is to generate a new seed on the Trezor and then transfer the funds from Exodus to the Trezor. (You can even use a Trezor with Exodus if you prefer that interface over Trezor suite)
So In order to xfer anything that is stored on the Trezor, (after I moved all the coin PKs to it from Exodus) it would require that it be physically attached to Exodus (which has been previously paired with it) to transfer anything out from the Trezor?
Firstly, you aren't moving private keys... But yes once you have moved the funds on to the Trezor, you will need it connected to send funds associated with it.
What if one of the wallets has 12 words on the other has 24 words?
Decent hardware wallets will let you import seeds of either length
@@CryptoGuide nice I got one on the way, ELLIPAL has been having some issues and I can’t access my ALG on the app. Algo explorer shows my balances but not being able to transact makes me want to have option. Appreciate your feedback 🙏
Should work fine, cross vendor compatibility can be a bit hit and miss with altcoins, so some stuff might not appear properly.
No offense but I've learned that what you're saying is not true. I tried restoring my seed phrase from my Ellipal wallet to a Keystone wallet and no assets appeared. I spoke to Keystone and they told me that they don't currently support Ellipal's derivation path. If this is true, what DO I do if Ellipal goes out of business?
Well yea the problem is Ellipal... Which coin/chain is this for? Basically the compatabiliy is there for decent hardware wallets on blockchains that have well established standard.
Call them Hardware Key Signers, to stop this wallet confusion.
I understand the desire for precision, but nobody has really adopted that approach in terms of vocabulary... (And it doesn't actually achieve anything in terms of helping people secure their funds)
carefull with your seed phrase ! :-D
Yep, your seed phrase IS your wallet :)
You never showed how to really clone wallets. I restored my Trezor seed phrase to a Ledger Nano X and balance is not correct it is 0
You just restore the seed and it just works. Which coins are you missing balance for?
Watched your very informative video! Prior to connecting with you I had already set up the process with my SafePal hardware whereby I used my ledger Nano x seed phrase to Clone the Ledger account on my SafePal Hardware using SafePal's guidelines. But on the last step the scan on the SafePal hardware wallet with my phone would not take. Several attempts failed, and then is when I found your video looking for assistance! Any input would be greatly appreciated Crypto Guide? In any event thanks for all the valuable assistance, its greatly valued!
Basically if the device has accepted the seed then you have done everything right and are just having an issue with the QR scanning part. (So basically your camera isn't up to the task, or perhaps just try in different lighting)
@@CryptoGuide Sorry to bother you on a Sunday, bit it was not the lighting. Could it be that I need to create a new wallet instead of recovering a wallet, which is what I have done. Surprisingly your video as far as I can find is the only one covering this topic on all of UA-cam, and wondering if all Cold hardware wallet holders are aware this is possible? Thanks in advance Crypto! Guide!
No, it doesn't matter if it's new or recovered, it's the same as far as the software is concerned.
Basically the safepal isn't great and is totally closed source from to to bottom, so there isn't much you can to do debug it other than try a different phone.
Its best OPSEC to NEVER use the same seed phrase on different devices. When moving to a NEW hardware wallet, its better to use a NEW seed phrase there. Then you send a TEST AMOUNT to that NEW device to see if it gets there securely and to see that it doesnt get stolen. If it doesnt get stolen, send the rest to that entirely new wallet.
Always send test amounts to new wallets before storing all your savings on it.
Depends on what you are trying to achieve, but it it certainly worth being clear that each additional device that the seed is on increases the potential attack surface to include that device.
@@CryptoGuide Well there may be incredibly neiche scenarios where you'd want to reuse a seed phrase on a different device. But you should avoid this practice at all cost.
There are plenty of situations where folk may want to have a hot-spare backup hardware device, or want to continue to use a seed over a number of years even after the original hardware failed, or even want to upgrade to a newer model due to some new features (eg: A Coldcard Mk4 user might want a Q for QR stuff).
It's far lower risk to use a hardware wallet for this than something like using multiple hot-wallets with the same seed...
I wonder if anyone has ever had their crypto stolen by anyone just entering in random words.
Extremely improbable to the point it's not even worth worrying about. Watch my video on receive addresses charging and I talk about the scale of the key space there.
The video is a lie.
Erm no... It's trivially easy for you to replicate yourself... (It's the same principle as simply restoring your seed on a second hardware device from the same vendor)