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Author Topic: How to recover wallet with seed phrase?  (Read 346 times)
notocactus
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November 05, 2024, 01:43:08 PM
 #21

You are giving very bad advice, because what is the point of having a hardware wallet, if at some point you will endanger everything by entering the generated seed into a desktop/mobile hot wallet?
A cold storage wallet must be a cold one, always, and an airgap device must be airgap all the time. If you have ever turned your cold wallet to hot one, connect your airgap device to Internet, they are no longer cold or airgap.

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You will only do this if you do not have any other recovery option, and then you will be very careful to make sure that you have a device that is not infected with malware, then you will download the installation file of that wallet and verify the file before starting the installation.
When there is no other choice, this option can be used but a next step must be used too. Sweeping all fund in that wallet to a new wallet, and abandon the used-to-be cold storage wallet.

Before sweeping, a test transaction with small amount is necessary if you are sweeping a very big fund.

Sweeping your private keys into Electrum.
How to add a Bitcoin address to Electrum / difference sweep and import private key.

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EluguHcman
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November 05, 2024, 02:26:49 PM
 #22

You should be able to recover your funds in pretty much every wallet out there. Obviously not recommended if you're holding a large amount (which I'm guessing is the case here otherwise you wouldn't be using a hardware wallet.



I'm not that familiar with ledger but i would imagine the wallet gave you the ability to either create a new account/seedphrase or recover one? You should've went with the recovery option. This should help:

https://support.ledger.com/article/4404382560913-zd
Exactly what I was thinking. I am aware that the hardware wallets do have setup options that enables it user to decide on how to gain personalized access to the hardware.

Definitely the OP must had got on the "Set-up new wallet account" on the default instead of the "Restore from the seed phrase".

I also don't think if that should be a panic to the OP. Perhaps... He can just go on reset where it is assumed you have formated the personalized entries and then take the right option on getting on it using the "Restore with wallet seed phrase".











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Roseline492
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November 05, 2024, 03:05:03 PM
 #23

I am aware that the hardware wallets do have setup options that enables it user to decide on how to gain personalized access to the hardware.

Definitely the OP must had got on the "Set-up new wallet account" on the default instead of the "Restore from the seed phrase".

I also don't think if that should be a panic to the OP. Perhaps... He can just go on reset where it is assumed you have formated the personalized entries and then take the right option on getting on it using the "Restore with wallet seed phrase".

Actually if OP had observed very well after he finish installing the wallet the first option that would be displayed on the app will be either to create new wallet or already have an existing account, so perhaps it could be that the language was actually what got him confused because for someone who is not use to those kind of wallet he would be thinking that the option of existing account is only for those that already have an access to their account so that makes him go straight to the wallet creation but if perhaps it was written importation of seed phrase he would have understood better, so he shouldn't be worried about it because since he has the seed phrase the account is just active for him.

 
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new19980
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November 09, 2024, 06:10:03 PM
 #24

STAY AWAY from Ledger Scam they are not safe anymore they can EXTRACT and SHARE your seed phrase with third party companies drop your Ledger in the trash
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November 10, 2024, 02:20:28 PM
 #25

I advise to stay away from Ledger hardware wallets, too. Their firmware is closed-source and nobody except Ledger knows what this firmware can do and what actions can be triggered by any software able to communicate with a Ledger hardware wallet.

Ledger Live is known to be crappy here and there and I don't expect this piece of software shit to be designed with security as top priority.

Ledger offers a subscription service that extracts your wallet's secrets and shares it with affiliated companies to offer a convenient and expensive wallet backup service. With that they lie about one of their early marketing key points that your wallet's secrets can't be extracted from the hardware device.

And Ledger uses cheap and crappy hardware components, with lots of screen and battery issues reported. Enough of ranting about Ledger crap. I would've chosen a Trezor Safe 3 as a replacement or any other decent open-source firmware hardware wallet.



When you setup a hardware wallet, you should backup your mnemonic recovery words and other details of your wallet AND practice a full recovery from scratch, otherwise you rely on hope to be able to recover your wallet and not on the proven fact of it.

For practice and to play and explore your new device's capabilities you can use Testnet bitcoins which should be available for free.

As others have said already, your coins are not stored in your hardware wallet, only the private keys are secured there which enable you to move your coins on the blockchain where they "live".

If you don't understand basic concepts of Bitcoin, hop to https://learnmeabitcoin.com and brush up your knowledge. Explore this wonderful learning ressource where you can go pretty deep down the Bitcoin rabbit hole.

SquirrelJulietGarden
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November 10, 2024, 02:38:18 PM
 #26

I advise to stay away from Ledger hardware wallets, too.
Ledger wallet has its history with many hacks and data leaks.

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Ledger offers a subscription service that extracts your wallet's secrets and shares it with affiliated companies to offer a convenient and expensive wallet backup service. With that they lie about one of their early marketing key points that your wallet's secrets can't be extracted from the hardware device.
It's named as Ledger Recover. [1]

It breaks many basic and vital things that are reasons people want to use non custodial wallets. They choose non custodial wallets to have full access and control of wallet mnemonic seed and private key, as well as full control on their wallet back up and recovery.

Ledger Recover breaks all of these vital points.

[1] https://shop.ledger.com/pages/ledger-recover

How to back up a seed phrase?
Ledger Recover: What The Hell is Happening? With aantonop and lopp.

 
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November 14, 2024, 05:37:13 PM
 #27

I have a Trezor cold wallet, which I've been using for several years.  But its stopped working and seems to be physically broken inside. I have the seed phrase, so I should be able to recover the bitcoin, but I can't find any directions on how to do that. I bought a Ledger cold wallet, but when I installed, it created a new seed phrase.

Can anyone point me to a newbies step-by-step on how to get btc off the Trezor and onto the Ledger?  
I don't have a step-by-step guide for your specific scenario but this guide might help you: https://www.whatisbitcoin.com/security/recover-your-bitcoin-wallet

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Failing that, into my Coinbase account?  
You cannot recover a bitcoin wallet with Coinbase and they're the absolute worst service in the world so please delete Coinbase and forget they even exist. 

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Failing that, do I need to buy a new Trezor?
I would use your Ledger with Sparrow Wallet to recover your wallet. I think that is your best option. Ledger live is what's preventing you from generating your own seed phrase. You should be able to recover using an existing seed phrase somewhere in your device but you might need to use Sparrow Wallet as your client software.

Let me know if you need any more specific help.

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