How to Install the Genuine Electrum Bitcoin Wallet (and Avoid the "Fake" One)

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The CryptoDad

The CryptoDad

Күн бұрын

Пікірлер: 55
@neoartdelareich
@neoartdelareich 3 жыл бұрын
I see that ledger recommends downloading Electrum.....but why ? Isn’t it essentially the same thing ? Do I need electrum wallet to send myself Bitcoin from coinbase ? Or is sending BTC to ledger nano device sufficient for cold storage ?? Why should I take the extra step to use electrum ?
@kingsog2899
@kingsog2899 Жыл бұрын
On 19:19 the blue icon won’t show up on my receiving address why is that?
@JR-nj8le
@JR-nj8le 4 жыл бұрын
I just discovered speed x 1.5 is perfect!
@billybeel1659
@billybeel1659 3 жыл бұрын
Very true
@LuisGardie
@LuisGardie 5 жыл бұрын
Cool video, teacher... Greatings from Panamá
@r.f2173
@r.f2173 4 жыл бұрын
Hey, could you explain why after the BTC was transferred to your Electrum account it says that it is "unconfirmed"? Thanks.
@rawpower2672
@rawpower2672 6 жыл бұрын
Hey man can you please tell me why is electrum saying that exposing even a single private key from the list off private keys in a wallet is potentially going to put other private keys at risk?
@GinetteCallaway
@GinetteCallaway 3 жыл бұрын
Can bitcoin be put into more than one wallet Like say into electrum and into bcvault ?
@p0k7lm
@p0k7lm 6 жыл бұрын
Hi Crypto Dad keep up the excellent quality vids ! tnx
@Adonnis22
@Adonnis22 3 жыл бұрын
So I can use electron like a stock just to hold bitcoin
@neoartdelareich
@neoartdelareich 3 жыл бұрын
What would be the pros and cons of sending my Bitcoin from Coinbase just to my ledger device and bypassing the Electrum wallet ???
@einsteinwallah2
@einsteinwallah2 3 жыл бұрын
as long as a wallet has your private key it has access to your bitcoins ... other coins work same way ... by ledger device you mean a hardware wallet device ... that device will have its own private key ... as long as you did not export private key from that hardware wallet to import into electrum does not even know that you possess a hardware wallet ... so the amount in the hardware wallet can be viewed by it using its associated software only ... electrum will not have capability to read and understand the hardware wallet files so electrum cannot be used to interrogate hardware wallet
@petehiggins3582
@petehiggins3582 3 жыл бұрын
But how do you send money "from" the Electrum wallet to another persons wallet ? I get an error about "not enough funds" although I know there are. Is there a fee that I am supposed to pay - one that Coinbase would take automatically - ? I am confused being so new to it. Thank you for doing this video !
@ak49mitchell
@ak49mitchell 4 жыл бұрын
Newby here . . . curious, can I later transfer currency from Electrum to Ledger Nano? Thanks ~
@kiddprodigy6594
@kiddprodigy6594 3 жыл бұрын
What does it mean if the light is blue instead of green?
@thenomad1168
@thenomad1168 4 жыл бұрын
Hello, thank you for the video. Do you know if there is a way to transfer funds from a "watch only" wallet without a master public key? to a regular one?
@healthyminds-s
@healthyminds-s 4 жыл бұрын
Yes
@Caretre1
@Caretre1 4 жыл бұрын
Greetings from Argentina! Thanks for the explanation, it was really very useful!
@blackbayou
@blackbayou 5 жыл бұрын
Just installed Electrum. How do I support other altcoins? It looks like it only supports Bitcoin
@tomgreg2008
@tomgreg2008 4 жыл бұрын
Helpful video! Thanks!
@sudsy7966
@sudsy7966 5 жыл бұрын
After you send the bitcoin to your wallet, why does it say "unconfirmed" for the balance (at the lower left of the window)?
@coulger1097
@coulger1097 5 жыл бұрын
you have to wait for your bitcion to be confirmed
@samuelchimezie
@samuelchimezie 4 жыл бұрын
would it be bad if I download my wallet on a VPS?
@qassimm8209
@qassimm8209 5 жыл бұрын
hi mr Rex..thanks for good information..i have question...so can we are use this wallet as like COLD wallet?for save bitcoin? thank
@deirdremcminnar9963
@deirdremcminnar9963 3 жыл бұрын
I fell asleep after ten minutes. Did anything interesting happen after that? Like installing the wallet?
@TheRealJiggz
@TheRealJiggz 5 жыл бұрын
What are their fees to send bitcoin?
@caspiansteele6189
@caspiansteele6189 4 жыл бұрын
took him 8 minutes to start actually downloading anything
@WilliamMcDowell_
@WilliamMcDowell_ 4 жыл бұрын
cuz he is so old XD Thats why
@КолянКоляныч-б1ь
@КолянКоляныч-б1ь Жыл бұрын
Please tell me how I can find my exact wallet address, send it, since the recipient requires me to address the wallet from which I send it in order to verify it. Where is the address tab, there are 10 addresses for sending, but which one will be used?
@CryptoDad
@CryptoDad Жыл бұрын
If you click on the "receive" tab in the electron wallet, there's a button that says, "create request". This will generate a wallet address for you. You don't need to fill in any of the other fields unless you want to. If you have enabled "show addresses". There will be an address tab. If you go to that, you will see a list of addresses, In the front of each address, it says receiving. Any of those addresses will work.
@oecossa4588
@oecossa4588 3 жыл бұрын
Hi. I enjoyed the lecture.
@terislive1178
@terislive1178 Жыл бұрын
But how can someone steal my money from electrum wallet,I tried to Increase the charge fee from electrum and I was asked to put in my private key and then the bitcoin address, and behold 10 minutes later my money was found in another btc address, which I don’t know where that came from. How is that possible and how can I fix this, or is my money gone?😢
@petera6191
@petera6191 3 жыл бұрын
Great Review Rex & it was helpful, especially on watching out for any fake websites. 10 out of 10. The Electrum wallet is a very important wallet and it works flawlessly in recovering any funds from a wallet that does not work properly. It can also help you recover some coins (i.e.: not every coin) if you accidentally send them to the wrong address (for example: if you accidentally send LTC coins to a BTC address) and it only works if you have your private keys (for eg: If you send funds from an exchange to the wrong address, you can not recover your funds). In saying that; everyone needs to be careful when sending coins and do not send them to the wrong address, because it is a big process to recover them (i.e.: assuming it can be done, because It all depends on the coin) :)...
@Review-This
@Review-This 4 жыл бұрын
Thanks for the video. Can I download this on my iPhone and iCloud?
@cryptojohn2590
@cryptojohn2590 4 жыл бұрын
Thanks, I've just set up an Electrum wallet.
@solideights
@solideights 6 жыл бұрын
Great tutorial Rex 👍. Any update on MoneroV fork from HitBTC ?
@keiseanwilson.6229
@keiseanwilson.6229 4 жыл бұрын
thanks! now i dont have to deal with scam artist blockchain wallet anymore for my BTC :)
@nine5936
@nine5936 4 жыл бұрын
This helped a lot
@tc2948
@tc2948 6 жыл бұрын
Thank you
@Cold_Root
@Cold_Root 10 ай бұрын
No shit! TCD is da best.
@yosefmintzer3978
@yosefmintzer3978 5 жыл бұрын
the fact that you go out of your way to teach people this stuff and then people would take advantage of it and steal from you is just shameful.
@alexwilson365
@alexwilson365 4 жыл бұрын
But he did show how electrum currency works.
@DANTEANDOLINI
@DANTEANDOLINI 4 жыл бұрын
You do and half waffle.
@jackallen3732
@jackallen3732 3 жыл бұрын
Ok. Sir i appreciate you work and time. but PLEASE SPEAK CLEARLY AND DISTINCTLY. (You mumble like a millennial.)
@tascabronextt2270
@tascabronextt2270 5 жыл бұрын
Get to the point you talk way to much
@videogamesarefun1576
@videogamesarefun1576 5 жыл бұрын
Thank you.
But how does bitcoin actually work?
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