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 🔐 LEDGER NANO X 🔐 Order Here: https://shop.ledger.com/pages/ledger-nano-x/?r=6059 🔐 LEDGER NANO S PLUS 🔐 Order Here: https://shop.ledger.com/pages/ledger-nano-s-plus/?r=6057 💰Set up a Coinbase account here and get $10 Free bitcoin💰 https://coinbase.com/join/kneisl_5 !!👨‍💻 SET UP A BINANCE EXCHANGE ACCOUNT 👩‍💻 !! For US residents: sign-up here: https://binance.pxf.io/Zd1rRK Invite friends to Binance.US and watch the crypto roll in. Get 10 USD each when your friend completes $100 or more in buys and/or trades within 30 days of completing account verification. !!👨‍💻 SET UP A BINANCE EXCHANGE ACCOUNT 👩‍💻 !! For non-US residents only: $300 sign-up bonus if you use my link https://bit.ly/3z2oOiw 💲 OPEN A CRYPTO.COM ACCOUNT 💲 Use my referral link https://platinum.crypto.com/r/cryptodad to sign up for Crypto.com and we both get $25 USD :) Or use the code cryptodad when registering. Thanks! CHECK OUT THESE GREAT LEDGER VIDEOS FROM CRYPTODAD! Ledger Nano X Hardware Wallet Setup Guide (Latest Version 2021): https://www.youtube.com/watch?v=GNv3uPfqUdg How to Restore a Ledger Nano X Hardware Wallet from your 24 Word Backup Phrase (Latest Version 2021): https://www.youtube.com/watch?v=iaPzg2mg9aQ How to Re-Install Ledger Live on a New Computer (Latest Version 2021): https://www.youtube.com/watch?v=sIeB4xS4ZfQ How to Upgrade Your Ledger Nano X to Firmware Version 2.0 (Covers Bluetooth Pairing Reset Issue): https://www.youtube.com/watch?v=3OXIJp0traQ Social Media links! Twitter: https://twitter.com/The_CryptoDad YouTube: null #cryptodad #ledgerlive