Post: #26

(12-16-2017 07:37 AM)Maciano Wrote:  ...
- Don't use your phone for 2FA...

What's the alternative? Unless you're talking specifically about SMS 2FA, which isn't safe, but I haven't heard anything bad about the Google Authenticator app.

Post: #27

SMS for 2FA is gonna get you rekt.

I don't think Google Auth is smart either. What if your phone goes broke? Your GA will be gone, too. How many of us store our GA backup keys? But for those of us who do, where do you store your GA backup keys? On your PC, email or phone: another point of failure. Don't do it. I got locked out of an exchange because my phone broke and I didn't have a backup key for GA. Thankfully there was very little BTC there.

Best is probably to use a separate email-account which you only use for accessing crypto-exchange(s). That's a better 2FA imo.

I only use exchanges to get crypto in, trade, get crypto out.

Post: #28

Do hardware wallets only store one type of coin? Seems like trezor is bitcoin only.

Post: #29

trezor is more.
Dash
NEM
Ethereum

at least, and they plan to add more.

Post: #30

Ledger stores quite a few, very easy to set up and use.

https://www.ledgerwallet.com/cryptocurrencies

Post: #31

I got a Ledger Nano S for Christmas, excellent little device, and supporting the majority of the altcoins I have (several of which are ERC20 tokens which can just be sent to your regular ETH address).

Post: #32

(12-29-2017 08:35 AM)MikeS Wrote:  I got a Ledger Nano S for Christmas, excellent little device, and supporting the majority of the altcoins I have (several of which are ERC20 tokens which can just be sent to your regular ETH address).

I'm thinking to buy one. Can you give some feedback about it?

Let's say, I bought it. How do I transfer all my coins there? Is it easy to use?

Post: #33

(12-29-2017 01:03 PM)Rossi Wrote:  

(12-29-2017 08:35 AM)MikeS Wrote:  I got a Ledger Nano S for Christmas, excellent little device, and supporting the majority of the altcoins I have (several of which are ERC20 tokens which can just be sent to your regular ETH address).

I'm thinking to buy one. Can you give some feedback about it?

Let's say, I bought it. How do I transfer all my coins there? Is it easy to use?

Ledger has guides on their website for each of the supported cryptocurrencies. They have native Chrome or standalone apps for a few - BTC, ETH, Ripple (this one is not working at the moment because of a node crash, they are working on it), while the others have to be accessed with the ledger through various desktop or web based wallets of varying complexity.
For the ERC20 tokens as I mentioned specifically you need to use the Ledger with myetherwallet to make transfers as the native ETH app can't even show token balance (if you only need to check the balance of your tokens you can also just use a blockchain explorer like etherscan.io on your ETH address, without need of the Ledger).

On the small display on the Ledger you select the needed situational options, as well as use the hardware buttons to confirm transactions.

I won't say it's a simple and elegant system - in truth it's really still rather clunky and very far from unified at this point (like blockchain and cryptocurrencies in general) - but it works perfectly fine once you've tried it a few times and read the needed guides.

Some have recommended that once you have written down the 24 word security seed, you then transfer a small amount of come coin, reset the device and restore it (a slightly annoying and slow process since you have to find the words with just the two hardware buttons and a tiny display) to verify that it works properly. I chose to do that.
I also recommend reading up on the advanced passphrase option in case you decide to use that as essentially a 25th seed word.

Post: #34

I have a ledger wallet but it looks like you can only store 3 currencies on there? I tried to install the Ripple app but it said I have no space. I only have BTC, LTC and ETH on there. Where do you store the rest of your coins then?

Post: #35

(01-02-2018 04:40 AM)Gas Wrote:  I have a ledger wallet but it looks like you can only store 3 currencies on there? I tried to install the Ripple app but it said I have no space. I only have BTC, LTC and ETH on there. Where do you store the rest of your coins then?

I've just learned you can delete the apps, then when you want to send/receive again you just reinstall the app. Annoying but at least it's a workaround.

Post: #36

(01-02-2018 04:47 AM)Gas Wrote:  

(01-02-2018 04:40 AM)Gas Wrote:  I have a ledger wallet but it looks like you can only store 3 currencies on there? I tried to install the Ripple app but it said I have no space. I only have BTC, LTC and ETH on there. Where do you store the rest of your coins then?

I've just learned you can delete the apps, then when you want to send/receive again you just reinstall the app. Annoying but at least it's a workaround.

Yes, you don't lose your coins by juggling app installations. If you don't use it, uninstall the Fido 2SV(??) app - with that gone I've had room for five coin apps.

Post: #37

I just installed NEO and claimed my first GAS, pretty fucking cool.

Post: #38

I'm a bit confused about all this, so if someone could clarify the basics of what I'm asking that'd be great. I want to get a couple or more Ledger Nano S. This is an actual physical product that I attach to my computer right?

https://www.amazon.com/Ledger-Nano-Crypt...o+s+wallet

This sort of thing?

Also, someone mentioned how many you need of these per $ amount. I am in ETH right now and intend to put more into it. Doesn't the price constantly fluctuate? How can you know exactly how many of these Ledger Nano S you will need? Is it a matter of transferring the coins at the price at which you bought them, or the current price when you transfer them, or do you always have to leave extra space (doesn't make sense). Let's say in an impossible or very distant future type scenario one ETH becomes $100k, then it would be impossible to store it on a $20k device right?

Also, in the link above how many of these would I need for say $100k worth of ETH? I'm not saying that's how much I have in it, just asking hypothetically to plan accordingly.

Thanks and greatly appreciated. I trust coinbase much more than I used to (barely at all), but it seems these wallets are the best route to go.

Post: #39

My ADA tokens have been stuck on Binance for the past few weeks - the "withdraw" button shows up as "suspended" - so everything is stuck on the exchange for the time, indefinitely. Fingers crossed we don't get hacked!

Post: #40

@StackGSman

Never buy physical wallet from Amazon, eBay, etc. Buy directly from the company.

Nano is a physical product, like a usb. It synchronizes every time you plug it in to reflect the market value of your eth.

Say you have 1eth and the value increases by x2 over 3yrs. That doesn't mean it will require more memory in the nano. It still occupies same space so you don't need an extra nano. Though you can get a duplicate incase you loose one.

You can store an infinite amount of ETH in ledger nano. However, the coin types (eth, btc, bch etc) you can add to nano have a limit.

Post: #41

Post: #42

(01-08-2018 01:54 AM)StackGsMan Wrote:  I'm a bit confused about all this, so if someone could clarify the basics of what I'm asking that'd be great. I want to get a couple or more Ledger Nano S. This is an actual physical product that I attach to my computer right?

https://www.amazon.com/Ledger-Nano-Crypt...o+s+wallet

This sort of thing?

Also, someone mentioned how many you need of these per $ amount. I am in ETH right now and intend to put more into it. Doesn't the price constantly fluctuate? How can you know exactly how many of these Ledger Nano S you will need? Is it a matter of transferring the coins at the price at which you bought them, or the current price when you transfer them, or do you always have to leave extra space (doesn't make sense). Let's say in an impossible or very distant future type scenario one ETH becomes $100k, then it would be impossible to store it on a $20k device right?

Also, in the link above how many of these would I need for say $100k worth of ETH? I'm not saying that's how much I have in it, just asking hypothetically to plan accordingly.

Thanks and greatly appreciated. I trust coinbase much more than I used to (barely at all), but it seems these wallets are the best route to go.

There's no limit to the value of the cryptocurrencies that a hardware wallet can hold, and that's because it doesn't actually hold your money at all. Everything is on the blockchain(s), the wallet just gives you a much more secure way of accessing your funds.

If you've seen it recommended to spread out your crypto over several devices then it's as extra layers of security, so you don't lose all your money in case someone does manage to get hold of your 24 words restoration seed (the Nano S has an extra optional security layer with a 25th word if you choose to use the advanced passphrase feature), or the physical wallet with password.

The only storage limits the Ledger Nano S has is the number of crypto apps it can have installed at once (up to around five or six if you uninstall the Fido... something app). But even if you juggle installed apps your money remains safe on the blockchains.

Post: #43

Has anyone checked out EtherDelta.com? It's a decentralized P2P ethereum exchange with a Ledger hardware wallet integration. This is the idea I've been waiting for, for a long time. If you connect your wallet directly to the exchange you do not need to trust any exchange with your money anymore.

Bisq.network is going to the same for other cryptos, also bitcoin. I hope they will make integration with Trezor possible! Trezor is still the best hardware wallet on the market for now.

Just imagine the possibilities if this keeps developing. You would be able to have your money on your wallet, without anybody knowing; you'd be able to trade anonymous for other crypto safely and securely; and in the future your wealth would stay completely in crypto, digital, hidden. Nobody would ever need to know!

PS KeepKey hardware wallet has been acquired by ShapeShift and they will move to a similar model. (Though KK isn't the best quality HW, at the moment.)

Post: #44

You just discovered Etherdelta?

I can’t work out if you’re taking the piss or not.

Post: #45

(01-18-2018 05:00 AM)Maciano Wrote:  Has anyone checked out EtherDelta.com? It's a decentralized P2P ethereum exchange with a Ledger hardware wallet integration. This is the idea I've been waiting for, for a long time. If you connect your wallet directly to the exchange you do not need to trust any exchange with your money anymore.

This was very funny to read especially after the DNS redirect attack they had only just last month having lost people money in the millions.

The idea we have all been waiting for and using for the last couple of years...

Post: #46

Plus the EtherDelta user interface is awful, its really slow and buggy and it costs a lot in fees. Maybe for this idea to work it would need to be built on something better than Ethereum?

Post: #47

Jesus, you guys are a bunch of negative losers.

Post: #48

This means you probably haven't discovered BitShares, 0x, Kyber, OmiseGO, Loopring or IDEX either. DEXs aren't by any means a new idea in the crypto space, except maybe for bitcoin maximalists.

Post: #49

(01-18-2018 05:00 AM)Maciano Wrote:  Has anyone checked out EtherDelta.com? It's a decentralized P2P ethereum exchange with a Ledger hardware wallet integration. This is the idea I've been waiting for, for a long time. If you connect your wallet directly to the exchange you do not need to trust any exchange with your money anymore.

Casual reminder not to take any kind of investment advice from someone who apparently has years of experience in the crypto space and has somehow never discovered etherdelta until now.

Sure, you might consider the reactions harsh but this post really reveals just how out of touch you are with the current state of the crypto markets. You have positioned yourself as some kind of authority on crypto and yet you are not aware of THE most well-known and used DEX out there, something which I expect most newbies to discover within their first two months in crypto.

I've already called you out before on being essentially a dinosaur but this post legitimately blew my mind. You should consider this as a signal that you need to get with the times, or else just stop giving any kind of advice, let alone pretending to be some kind of authority.

Post: #50

(01-18-2018 05:00 AM)Maciano Wrote:  Has anyone checked out EtherDelta.com? It's a decentralized P2P ethereum exchange with a Ledger hardware wallet integration. This is the idea I've been waiting for, for a long time. If you connect your wallet directly to the exchange you do not need to trust any exchange with your money anymore.

Bisq.network is going to the same for other cryptos, also bitcoin. I hope they will make integration with Trezor possible! Trezor is still the best hardware wallet on the market for now.

Just imagine the possibilities if this keeps developing. You would be able to have your money on your wallet, without anybody knowing; you'd be able to trade anonymous for other crypto safely and securely; and in the future your wealth would stay completely in crypto, digital, hidden. Nobody would ever need to know!

PS KeepKey hardware wallet has been acquired by ShapeShift and they will move to a similar model. (Though KK isn't the best quality HW, at the moment.)

I used EtherDelta to purchase some tokens three weeks ago. Worked fine for me with the Ledger.
Then about a week ago I tried to use it again but ended up with error messages about lacking ether for gas on the Ledger (not true), a transfer I had to overwrite three times with different gas amounts to get it through, and I currently have a fortunately small amount of tokens stuck there I was unable to transfer out to the Ledger, and wasted around €10 in non-refunded gas.

I hope the upcoming and still vaguely described fairx.io exchange will turn out as great as many are hoping for. Not least because it will be based on Stellar Lumens, which is currently my largest holding and a project that sounds very promising to me.