Being new to crypto, your video helped me step by step to transfer the coins from Gemini to Ledger Nano X. Was scary at first but it is done! and reached safely. Thanks a lot for the help. Appreciate it!
@CryptoBlick
2 жыл бұрын
Hey you bet Drop Catch! Let me know if there is anything else you'd like to see me cover down the road.
@justinbechtold
Жыл бұрын
Thank you soOoo much for making these videos! Without them I'd be beating my head against the wall shouting 'crypto was supposed to make me rich! Where did my money go?" But thanks to you, Matt, my money didn't disappear because it's now on my ledger. I still have questions about what I'm doing and the best way(s) to get into the DeFi world, but at least I own my own crypto now!
@YIzysMM2
2 жыл бұрын
Thanks Matt, very clear and easy to follow video. Just sub-ed.
@CryptoBlick
2 жыл бұрын
Awesome! Glad to hear it.
@vincentmurphy9252
Жыл бұрын
Scared to lose it I have dyslexia but will do a little at first will follow up on how it turned out
@CryptoBlick
Жыл бұрын
I get the feeling! I did that for so long when I first started out. I still take a deep breath before sending it. haha
@vickitang3559
Жыл бұрын
Hi Matt, thanks so much for your video! Really enjoyed the concise and clear demonstrations and instructions. There's one area which I'll love to seek your assistance for! Recently, I've tried to send BTC from Gemini to Ledger Nano X, and a taproot address is provided by my Ledger. But Gemini currently does not have the ability to withdraw using taproot addresses hence I cannot send my BTC out. May I check with you how you managed to withdraw your BTC from Gemini & to your Ledger?
@sarahbankzz
Жыл бұрын
Hi, is this only for crypto you have sold? Or active crypto you own in the market? Thank you!
@CryptoBlick
Жыл бұрын
You use this hardware wallet to protect the crypto assets (aka private keys) that you own personally..
@mmcconnell434
Жыл бұрын
You never over & out it is just one or the other but never both because you can't give it over to someone & then say out because that means you are ending the conversation, just out ends it!
@mikesvist596
2 жыл бұрын
Super helpful!
@CryptoBlick
2 жыл бұрын
Glad it was helpful!
@MaryBartnikowski
Жыл бұрын
Since you have to wait 7 days for the approval of the address is it best to go ahead and get the clock going on the new address you are approving on the Gemini platform?
@CryptoBlick
Жыл бұрын
Yes I would do that if I were you!
@MaryBartnikowski
Жыл бұрын
@@CryptoBlick Thanks appreciate your speedy reply, I'm subscribing. :)
@h.h.1266
2 жыл бұрын
Thanks for the video. Noob here -- what's the disadvantage/risk of keeping the crypto on Gemini as opposed to transferring it to your hardware wallet?
@CryptoBlick
2 жыл бұрын
Great question... the advantage of having it on a hardware wallet is that you are in control of your private keys (shows that you have ownership of that amount of a crypto asset). While Gemini is a very trusted Exchange, any platform could easily close you out of your account... like what has happened with MetaMask, GoFundMe, etc... and then you would have no access to your crypto. Does that make sense?
@h.h.1266
2 жыл бұрын
@@CryptoBlick Thanks for the response! That makes sense. I was on the fence but will now get myself a hardware wallet. 👍🏼
@chandaneedeodat8825
2 жыл бұрын
can you please do a desktop version? Can you please do a whole video on that with shib inu?
@katelee5781
2 жыл бұрын
Hey Matt - thanks so much for this video. It's super helpful. Q: on the ledger app, under account to credit, the only drop down option is bitcoin. How do I select ether? And if I have both bitcoins and ether in my gemini account, do I have to set up 2 addresses, one for each? Thank you.
@CryptoBlick
2 жыл бұрын
You need to download the Ethereum "app" as well if you don't see it. Is your Ledger Live and Ledger Nano X updated to the current versions?
@CryptoBlick
2 жыл бұрын
And yes, you'll have to set up two different addresses within Gemini because these are two different blockchains.
@TheKeithevan
2 жыл бұрын
Thanks Matt, Im new to ledger, my question is after waiting 7 days for my Gemini BTC address to approve, I went back to my ledger and it created a different btc address then the one I got approved. I copied the recent ledger generated btc address and not sure what to do. Can you provide any insight before I send my btc ? ty
@CryptoBlick
2 жыл бұрын
Your approved BTC address (the first one) will work. Ledger generates new BTC addresses as an added layer of security.
@heartstrings110
2 жыл бұрын
New to the crypto space. I purchased crypto on the Gemeni platform, but it has lost value recently. Do I have to be in the positive to transfer to my Ledger Nano X?
@CryptoBlick
2 жыл бұрын
No you do not. Great question. Think of it like having Gold or Silver or stocks. For example: if you purchased 0.25 ETH, no matter the price point... you still have 0.25 ETH. It can go up or down depending on the market.
@heartstrings110
2 жыл бұрын
@@CryptoBlick Thanks! Crypto is a bit of a brain bender for me, but I’m learning. Thanks for taking the time to answer my question. It felt like one I should know the answer to, but I bet someone else was wondering the same thing. 😂
@a.l.richardson3968
3 жыл бұрын
👍🏿Thanks
@CryptoBlick
3 жыл бұрын
You bet!
@vincentmurphy9252
Жыл бұрын
Say you send back too much then you have on ledger does just the amount you have go in Say you send 101 and only have 100$ 😊
@CryptoBlick
Жыл бұрын
The transaction won't go through.
@MaryBartnikowski
Жыл бұрын
To clarify: Do you mean your email address? For withdrawals?
@CryptoBlick
Жыл бұрын
No, your public key address. It’s the long string of characters that is specific for each crypto blockchain that you’re interacting with.
@MaryBartnikowski
Жыл бұрын
@@CryptoBlick thank you it's a bit confusing but appreciate your help
@CryptoBlick
Жыл бұрын
@@MaryBartnikowski no worries! It was very confusing for me as well when I first got into cryptocurrency. You've got this!
@hajarali7453
3 жыл бұрын
I can’t find a video that does the reverse- Ledger X to Gemini(or any other exchange)…
@CryptoBlick
3 жыл бұрын
Hey Hajar Ali, I recently did a video on this concept from the Nano X to Coinbase (kzitem.info/news/bejne/yG-ImIqiaamCg6Q). You'll do the same thing if you're sending to Gemini or another Exchange... you'll just grab your appropriate receiving address from whatever Exchange you want to send it to. Hope that helps!
@rogsolaris7411
2 жыл бұрын
Is there a video on doing the opposite? Send BTC from Ledger Nano to Gemini?
@CryptoBlick
2 жыл бұрын
So I did a similar one a while back where I sent it back to Coinbase. It would be similar to Gemini. kzitem.info/news/bejne/yG-ImIqiaamCg6Q
@simonsayshi
2 жыл бұрын
lol just tested one CUBE, it didn't show the fee , but i got it on my leger it says charged gas fee $29 , the Cube is only worth 15.00 lol so yea never again .
@FactForge.0
2 жыл бұрын
Is there any limit for crypto transfer on Gemini ?
@CryptoBlick
2 жыл бұрын
No.
@antonstout7132
2 жыл бұрын
What's the cost for sending $50 eth from Gemini to Ledger X?
@CryptoBlick
2 жыл бұрын
Too much. haha Sorry for the snarky response, but I know you feel the pain as well. You should be able to do some quick math based on how much final ETH you're actually sending over verses what you want to send. Aka, I want to send 0.5 ETH in total and the final preview screen before sending may say 0.48 ETH because the network fee is deducted (NOT exact math here!).
@Comedybites0001
2 жыл бұрын
Can I ask you something?
@jeffmoss118
3 жыл бұрын
Do I save all my ERC-20 tokens on ETH?
@CryptoBlick
3 жыл бұрын
Hey Jeff, you'll want to set up each cryptocurrency "app" and an "account" inside the app first before sending anything to the Nano X. Think of the "app" like a "folder." Ledger really confused people with that terminology.
@hajarali7453
3 жыл бұрын
@@CryptoBlick not sure if I understand your answer. There are many ERC 20 altcoins with no support on ledger live (some without support even on any CEX). I recall reading that you can send out tokens from ledger back to an exchange only if they’re supported by ledger live. Does this mean all my altcoins without ledger live support are better off staying on metamask?
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