I literally just did this with a family members account yesterday to verify #1 the seed worked and #2 the amount of crypto on the account. I used an old Nano S that I had sitting around and then wiped it after we added the accounts to my ledger live...Good to refresh on this stuff now before this next bull run.
CryptoDad, You must be a psychic of some kind. Just the other day I was wondering how to set up an additional Nano S Plus, within my on line ledger account. Putting some of my Crypto onto the wallet for my sister. You answered my thought completely. Thank You!
Yes, and by the way, you can set up that ledger and S without even connecting it to your computer. The initial set up can be done completely off-line. Just turn it on and navigate to “set up as new” and then it will present you with the seed phrase and you can write it down. After you’re done with all that, you can connect to Ledger Live.
You are doing a fantastic job! Just an off topic question: I have a ledger wallet with USD and I have the recovery phrase. (image you tuition loan endless kit north item dice during home filter). How can I transfer them to Binance?
In case of a second device, restored with seed-phrase of the old device, will both devices work identically in ledger live and use the same already existing account(s) you have setup for your coins? So you can mix and use both ledger devices, whichever of the 2 you plugin? Thanks!
Excellent suggestion to Ledger - ability to sepetate accounts!
Very helpful vid, thanks. I was confused about this issue myself, happy to hear I can manage multiple accounts from same interface.
I literally just did this with a family members account yesterday to verify #1 the seed worked and #2 the amount of crypto on the account. I used an old Nano S that I had sitting around and then wiped it after we added the accounts to my ledger live...Good to refresh on this stuff now before this next bull run.
Awesome. I think you are getting the hang of this!
@ BTC hits $71k
Thanks much! I really appreciate you.
Any time!
CryptoDad, You must be a psychic of some kind. Just the other day I was wondering how to set up an additional Nano S Plus, within my on line ledger account. Putting some of my Crypto onto the wallet for my sister. You answered my thought completely. Thank You!
Yes, and by the way, you can set up that ledger and S without even connecting it to your computer. The initial set up can be done completely off-line. Just turn it on and navigate to “set up as new” and then it will present you with the seed phrase and you can write it down. After you’re done with all that, you can connect to Ledger Live.
You are doing a fantastic job! Just an off topic question: I have a ledger wallet with USD and I have the recovery phrase. (image you tuition loan endless kit north item dice during home filter). How can I transfer them to Binance?
In case of a second device, restored with seed-phrase of the old device, will both devices work identically in ledger live and use the same already existing account(s) you have setup for your coins? So you can mix and use both ledger devices, whichever of the 2 you plugin? Thanks!