How to Set Up the Ledger Nano X Using Only Your Phone (Latest Version: 2022)

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3 years ago
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00:00 Introduction
01:24 Download the Official Ledger Live App
02:10 Launch App and Choose Ledger Nano X Setup
02:40 Prepare to Set Up Your Device
02:58 Unbox Ledger Nano X
03:55 The Importance of Backing Up the Master Private Key
04:33 Connect Device & Choose “Set Up as New Device”
05:07 Choose Your PIN Code
06:30 Confirm Your PIN Code
06:43 Write Down Your Recovery Phrase (VERY IMPORTANT!)
08:29 Confirm Your Recovery Phrase
09:47 Hide Your Recovery Phrase
10:15 Take the Quiz
12:02 Turn Off PIN Lock & Screen Saver (Optional)
13:34 Pair Your Device to Your Phone
14:07 Perform Device Authentication Check (Genuine Check)
14:25 How Adding Accounts Works
14:47 Add Bitcoin (BTC) Account/Wallet
15:43 Choose Your Bitcoin Wallet Type (Optional)
16:50 Add Ethereum (ETH) Account
18:03 Add XRP (XRP) Account
18:32 Add Cosmos (ATOM) Account
19:23 Managing Multiple Accounts/Wallets (Optional)
20:10 Buying Crypto Using Ledger Live (Optional)
21:54 Generating and Verifying a Bitcoin (BTC) Address in Ledger Live
22:58 Buy some Bitcoin on Coinbase & Store in Ledger-based Wallet
25:32 Dealing with 2-Factor Codes using Google Authenticator on your Phone
25:55 How Bitcoin/Crypto is Stored. Spoiler: Not on Your Device (Optional)
26:30 How to Transfer Bitcoin Out of the Wallet
28:12 Why are there Fees on the Bitcoin Blockchain Network?
28:46 How to Sign an Outgoing Transfer Using Your Ledger Device
29:29 Confirm Your Outgoing Transfer in Ledger Live and on Coinbase
31:07 Bitcoin Transfers Overview (Optional)
31:36 Buy Some Cosmos (ATOM) on Binance.US and Store in Ledger-Based Wallet
33:01 Generating and Verifying a Cosmos (ATOM) Address in Ledger Live
33:53 Transfer Your Cosmos (ATOM) to Your Ledger-based Wallet
35:32 How Cosmos (ATOM) is Stored. Spoiler: Not on Your Device (Optional)
36:27 How to Transfer Cosmos Out of the Wallet
38:49 How to Sign an Outgoing Cosmos (ATOM) Transfer Using Your Ledger Device
39:08 Confirm Your Outgoing Transfer in Ledger Live and on Coinbase
39:42 The Beauty of Self-Custody

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CHECK OUT THESE GREAT LEDGER VIDEOS FROM CRYPTODAD!
Ledger Nano X Hardware Wallet Setup Guide (Latest Version 2021): https://youtu.be/GNv3uPfqUdg
How to Restore a Ledger Nano X Hardware Wallet from your 24 Word Backup Phrase (Latest Version 2021): https://youtu.be/iaPzg2mg9aQ
How to Re-Install Ledger Live on a New Computer (Latest Version 2021): https://youtu.be/sIeB4xS4ZfQ
How to Upgrade Your Ledger Nano X to Firmware Version 2.0 (Covers Bluetooth Pairing Reset Issue): https://youtu.be/3OXIJp0traQ

Social Media links!
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YouTube: https://www.youtube.com/CryptoDad
#cryptodad #ledgerlive

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