Time Stamps 0:00 - 4:40 - Intro / Sponsors 4:40 - 8:04 - Outlining the Problem 8:04 - 9:09 - What NOT to do 9:09 - 10:32 - Migrating to New Hardware (A Quick Outline) 10:32 - 21:15 - Migrating Away from Proprietary Software 21:15 - 28:11 - Moving Funds to Another Wallet 28:11 - 33:26 - Discussing Privacy 33:26 - 34:26 - Full Video Resources as You Migrate 34:26 - 42:15 - Choosing Hardware: Things to Avoid/Demand 42:15 - 43:43 - Outro

Think it's also important to note, people shouldn't panic and make rash decisions. Oftentimes when a person is emotional they make swift decisions, mistakes can be made and funds may be lost. Take your time with weighing the options and the different hardware wallets out there before you move your stack. It's unlikely that your Ledger device will get hacked in the immediate future.

Dude i have two wallets in the box just waiting for this video. Thank you

tutorial of how to dispose the unwanted wallet in a proper way is definitely one helpful to us.

you are a very good resource, waiting for my mk4 to use it only air gapped , thanks for this

Somehow I made the right decisions first, even the one of not buying a Ledger. I was in the process of buying it and had an issue, contacted them and I perceived the answer clearly unfair. I thought rightly at that time "this is exactly what you do not expect from a company in which you must trust to keep your wealth safe". The current issue is another step into the abyss for them. I sincerely hope they can react accordingly in the right direction. Anyone can make mistakes, the trouble comes when they are part of the core business model and are noticed by others.

Brilliant video Benny. The best of it's kind. Nice to have some disruption to the custody issue to really wake people up.

Excellent and most important update to increase BTC security at every level. My ledger is 6 months old and it quit functioning as it will not accept the password...the fun begins.

Really interesting and so thorough, you have appeared to looked at everything which is so helpful.

I was just thinking to do this the other day!! 😃 👍

Ledger had stated that there is no way your private key from the Ledger Device could be extracted, then they offer this service along with updated firmware that negates the previous promise. Even if you don't "opt in" - they have a way to get your private key remotely. With closed source code we have to trust that prior to updating to new firmware they can't extract private key.. and now that we know new firmware allows this, could there potentially be a hack in updating that would facilitate this in the future. Essentially.. our ledgers have a back door and we don't have any clue who what when can get our private keys. This is a disaster. - As it stands, for those of us that are not Maxis, there really isn't a solution that compares to ledger. The vast numbers of decent projects outside of ETH and BTC ecosystems that developed hardware wallet support did so for ledger only.

IRS, FBI, CIA,KGB,CCP have entered the chat

right on time, I appreciated to you being savior

Hi Ben, Love all your content regarding migration from Ledger Nano! After hearing all the news regarding Ledger and their firmware updates and possible restore feature I was a bit concerned to say the least! After seeing your video, I have a much better idea of how to possibly approach the situation for greater security and privacy! Thanks again, Michael

very helpful. given tips are well-explained. straight-forward

As always Fantastic and insanely awesome, crazy informative.

Wow! Ben, knocked it out if the park!

When i click on transactions no transactions are available?

I love this vid. I wish you had shown how to import the ledger into sparrow. But still a great vid.

Does sparrow gain access to your seed phrases, Does putting your wallet on sparrow add an attack vector?

Do you think a Trezor One is safe or worth migrating?

Hey Ben, great video, love ‘em all! I was hoping you were going to get into “sweeping” funds. I was researching it a while back, but never found any credible resources. Could you explain what sweeping funds is, and when it would be appropriate to use?

Thanks for your work, it's best in class!

That was great and so timely, thank you!

What a great channel ! Very informative ! thank you for the quality content :)

Strong timing!

Holy shit. Thanks so much. I wondered about this.

Coin Joins are not very private. You want to use a coin mixer or swap to XMR and back.

Great content!!!

Br Mck • 55s ago Hey Ben, great video, love 'em all! I was hoping you were going to get into "sweeping" funds. I was researching it a while back, but never found any credible resources. Could you explain what sweeping funds is, and when it would be appropriate to use?

Hi Ben. Awesome video. Thanks

what if i have something like LTC or DOG on my ledger , will it be transferred to sparrow ?

Another very useful video, thanks.

good stuff Brother very timely content!~

I love your thumbnails! Is it okay if I ask for a referral for who creates them?

Thank you for this. My Cold Card wallet is in the mail.....

Great tutorial. Thanks.

What happens if you setup a secret wallet in Ledger but then you wanted to migrate to something like Coldcard? How do you transfer funds? I guess you could generate a new seed and wallet on Coldcard and then send the Bitcoin to the new address? But what if you wanted to keep the seed phrase. How do you import a seed which has 25 words and a PIN you setup on Ledger on a new device?

Thanks for this video!

Great video. Thank you very much! ❤

Does creating a Bitcoin node help with anonymity when sending from ledger to coldcard? What can one do to ensure privacy with the transaction?

"A lot of out puts trezor warnings" on the hw via sparrow what dose this mean im trying to move from trazor to cold card

What is the advantage of migrating from Ledger to Jade thru Sparrow vs restoring from seed words?

Is using Ledger with a passphrase in addition to the seed phrase an option to protect yourself? Is it likely for Ledger to have a hold of your passphrase?

Thanks for another great video

Exceptionnel teacher. Merci!

Great info thanks. Did you say to stop the tracks of your BTC either sell btc and rebuy on decentralized exchange or cosign to hardware wallet then move to cold wallet? Do these two options do the same thing - stopping tracking? Thanks

great to see ! thank you sir

I heard somewhere that if you coinjoin and then try and sell your bitcoin on an exchange, the exchange is likely not to accept it? Any thoughts on this please?

Could i use Nunchuk instead of Sparrow for this exact same scenario ?

You beauty! Just the tutorial I was looking for! Thanks, mate. Would love to know how to collect all the 'dust' I have in various wallets. Any suggestions? Over the years, I've been transferring between wallets and sometimes Sats get left behind. Are they gone forever or can I collect them into something sizeable enough and consolidate into my current wallet? Hope that made sense. Cheers, mate! 👏👍

Very helpful. Thanks.

Maybe this is a dumb question but what if I'm using Sparrow Wallet on my laptop (with Coldcard) and my laptop is lost or stollen? I buy and new laptop and download the Sparrow App. Now what? Is there a recovery process? And how would that work? Thanks

I migrated from Ledger to cold card MK4 but I used the same seed phrase when I setup the new cold card. first, what are the drawbacks of doing this? And what is the best way to reverse it and setup a new seed phrase on the cold card?

Would you recommend Jade hardware wallet or are there any concerns there? Thanks for the great video!

Hello!!! I'm from Argentina and I'm not very good with English, so the KZfaq translator helps me a lot to follow you. Sparrow on the PC I don't have to worry about this, right? Since the private keys are in the coldwallets, are they not in danger by connecting to Sparrow?

Hey Ben, great video! Let me ask about privacy, breaking the link of tracking. Question: if I use a bridge to move btc onchain to lightning and then forward to onchain again, did the link break? Because as intermediar user I don't feel confortable use mixer. Best regards Heiko from south America.

Hello Ben, Thank you for everything you are doing. Do you have a video on how to migrate BTC from one hard to another hard wallet. Regards

Ola, hey is there a best process for paper wallet to multi paper wallets if and when the need happens ? Thnks ✌️👍

Thx Ben!

Have. You looked a Tangem?

So are my funds on the Blockstream Jade (Device I’m using) or are the funds on the Sparrow Wallet?

hi Ben, great video, thank you. When you hit max send you only had one address, however, most people will have multiple addresses to send from say ledger to another wallet. If you had say 10 addresses for example to send and you hit max send, how would this appear in sparrow and the wallet you sent the transactions to? Would it not be more private to send each address individually? Is this possible and how would you do it? It is also necessary to keep records of the dates of the original transactions which is necessary for accounting purposes and to see FIFO transactions so if you need to sell you would sell from earlier dated transactions (addresses) Could you please clarify this? thank you.

Thanks

Ledger supports more than bitcoin will coins and tokens also show up in Sparrow? Appreciate your content, always.

Why sparrow and not wasabi? What the difference ?

Have you done a video on the Icoin Wallet? Tandem wallet? Someone suggested these two cold wallets, if possible can you please do a tutorial on this wallets. Thanks.

Blockstream green won't be able to connect to ledger, even with legacy bitcoin app.

Hello! Was just introduced to you by a friend. Am curious if you are familiar with BC Vault and what your opinion is?

very good video. thank you

can you pls share devices that do not require initialization with the proprietary software of the manufacturer

Thanks!

always nice videos and great information. thanks. just to reconfirm. I have a trezor wallet and want to use in in sparrow. I understand that I could use my wallet in sparrow but also in trezor suite, correct?

Can you tell me /how to put it on trezor (from ledger) and how to work with the Monero wallet on ledger. Greeting from Holland

Ben thank you for making this vid. Can I transfer funds from an outside source directly to sparrow or do I need to use my Trezor and then transfer from Trezor to Sparrow to my cold wallet. I am trying to reduce a step and wondering if it will work. Mucho gracias.

I followed the instructions to get my Ledger connected to Sparrow and I now see my balance on sparrow but I also have a separate Wallace on my Ledger for my son’s balance which isn’t showing up on sparrow. Any idea why??

what if I have 2 different accounts, both under native segwit but when i import, it only imports one of the two. i can't manage to add the other wallet to sparrow

If I was worried someone knew my public address, could I not just send the Bitcoin to an exchange and then from the exchange I could withdraw the Bitcoin again to a new address and the person couldn't follow the transaction (assuming they don't have access to my exchange account)? I'm thinking of a scenario where I buy a small amount of Bitcoin, withdraw it to my hardware wallet and address. Then I buy a lot more Bitcoin and withdraw it to the same address. My address is then compromised (not my seed phrase, but my address) and I want to move all my Bitcoin (now quite large) to a new address but I don't want to be followed via the blockchain.

Given that the original Nano S has such a tiny amount of storage/RAM, it is by design -- for now -- SAFU against recover and similar kinds of security risks, correct?

is sparrow safer?

What about the etherum and ERC-20 tokens housed on ledger and want on sparrow . Is there an option to getting erc20 token off ledger ?

Hi Ben, thanks for the video, can you tell me if i can continue to use my ledger nano s with sparrow after june/2024 when the updates for this model will be no longer avaliable? greetings from Brazil!

many people are opting for the seedsigner instead of a hardware wallet, can the coldcard be used as just like a seedsigner too without storing the private keys? if so could you make a video on how to perform a transaction with coldcard like a seedsigner would please?

All of the info in this video applies only to Bitcoin, correct? Not Eth or other alts that I have on my Ledger device.

Hey Ben, if I have already setup my Sparrow Wallet with a single signature (to get funds off Ledger), can I at a later time switch and change it to multi-sig?

Is it possible to just use the Ledger as a signing device on a new software wallet and XPUB or is the whole thing trash?

I recently purchased a Cold Card MK4 and successfully set it up by connecting it to Sparrow using a micro USB. After adding some sats to my account, I realized that I should have utilized a micro SD card during the Sparrow account setup to avoid any physical connection between my Cold Card and PC. Now, I'm wondering if it's possible to delete the existing wallet and create a new one. My plan is as follows: Transfer my sats to another account. Restore the Cold Card and instead of importing, select the "New Wallet" option. Will this process reset everything except the PIN?

Can I have both a seed with KYC sats and a seed with nonKYC sats on the same cold card using seeds derived from my main seed?

Are funds safe in a Trezor wallet?

Hey Ben, addresses begin with 3 - p2sh, how to deal with that when migrating?

Isn't Coldcard unsecure as well?

If my BTC in Ledger had been coinjoined a year ago for security/privacy purposes, before Ledger came out with this new Recover service, do I still need to do another coinjoin in Sparrow before sending it over to a new cold wallet? P.S. I respect and trust your recommendations. I love your videos. Thank you in advance.

Merci beaucoup

Great vid. But wen how to bleach tips tutorial?

the endless firmware updates that some manufacturers do makes me nervous... can't they just stop dicking with the firmware

Can you please let me Know if keystone is safe?

Ben, is it possible for governments to blacklist bitcoin that went through coinjoin? Is it possible to say if a utxo went through it? Thanks!!

What is your favorite btc hardware Wallet

I really wish you would do a Video Tutorial on how we can Take a Seed Phrase (24 Words) and split them using Shamir's Secret Sharing. I think the Trezor Wallet does SSS but only if you create it on the Trezor. I want to create my Seed Words on a Cold Card then Spilt them into a 3 of 5 Shares. Do you know if this can be done and how we can do it ....EASILY????

Paper wallets with BIP39 created offline is still a solid option.