Advice -Ledger Nano and Ledger Nano S Plus on new laptop?

[BBitcoin92]

Hi ALL

I have an old Ladger Nano (one that you have to delete coins in order to add/use others beacuse of memory limitation).

I also have a new Ledger Nano S Plus that is capable of holding all coins i currently have.

I am setting up a new laptop and wondered on how to proceed to get all my coins onto the new wallet and ditch the old Nano.

I have installed Ledger Wallet on my laptop and its asking what do i want to add.

I presume coins are all linked to the actual hardware and in order to transfer everyting i would have to SEND coins to the new wallet address it creates?

This will also incur transfer fees etc, Or is there a better way?

Also is it worth keeping the old Nano and just keep BTC on it as its my main coin i have.

Thanks in advance.

[OmegaStarScream]

Use the seedphrase from the old device into the new one (as if you were restoring a wallet) if you want to avoid paying any transfer fees.

Although, if I were you, I would rather transfer the funds to a newly generated wallet, just in case since you had the old wallet for all of these years.

[Charles-Tim]

Although, if I were you, I would rather transfer the funds to a newly generated wallet, just in case since you had the old wallet for all of these years.

I do not think to generate a new seed phrase is necessary because the old and the new wallet is Ledger Nano while the new Ledger Nano is also not open source as its secure element is completely close source just as the old wallet.

If ithe new wallet is an open source wallet, it would have been better to send all the coins to the address or addresses generated on the new wallet which is open source.

But it is Ledger to Ledger Nano close source wallet.

[bitmover]

Hi ALL

I have an old Ladger Nano (one that you have to delete coins in order to add/use others beacuse of memory limitation).

I also have a new Ledger Nano S Plus that is capable of holding all coins i currently have.

I am setting up a new laptop and wondered on how to proceed to get all my coins onto the new wallet and ditch the old Nano.

I have installed Ledger Wallet on my laptop and its asking what do i want to add.

I presume coins are all linked to the actual hardware and in order to transfer everyting i would have to SEND coins to the new wallet address it creates?

This will also incur transfer fees etc, Or is there a better way?

Also is it worth keeping the old Nano and just keep BTC on it as its my main coin i have.

Thanks in advance.

I have the same situation. I have an old ledger nano, and I just bought a new computer.

I just installed Electrum and clicked the hardware wallet option, and my coins just appeared. Like this:

https://support.ledger.com/article/115005161925-zd

If you want you can install ledger live as well an sync there as well.

About your coins: do not transfer anything. You can just restore from seed in your new device. Or keep install/uninstall coins, it takes literally 30 seconds.

Use the seedphrase from the old device into the new one (as if you were restoring a wallet) if you want to avoid paying any transfer fees.

Although, if I were you, I would rather transfer the funds to a newly generated wallet, just in case since you had the old wallet for all of these years.

No need for that. If his seed wasn't exposed, he can just use the old seed in the new device.
I wouldn't recommend. If the old device still works, he can use it normally.

If the device ever breaks, he can restore from seed in the new one.

The old device is better because it doesn't support the online seed feature (https://www.ledger.com/academy/what-is-ledger-recover), which isn't safe.

[Lucius]

@BBitcoin92, my advice is to buy a hardware wallet from another manufacturer, considering that Ledger has lost all credibility over the years, whether it is due to the leakage of their customers' data (several times), or the fact that it is possible to extract seeds from their devices for the purpose of storing backups with third parties. Regardless of the fact that they claim that this is not possible on older models, the very fact that it is possible at all is a sign for great caution.

[satscraper]

I presume coins are all linked to the actual hardware

Nope, they’re tied to the private keys ^{in your case SEED phrase whether or not it’s extended with passphrase} which  hardware device simply stores. Any wallet ^{software or hardware} restored with that same SEED phrase will show the balances associated with the addresses from your old Ledger Nano s, as long as the derivation paths on both the old and new wallets match.

[BBitcoin92]

Makes sense.

I have just used old Nano and set up for only BTC.
There says to upgrade to add as memory low.

I have 4 things to add and new Nano s with more  menory.

[m2017]

@BBitcoin92, my advice is to buy a hardware wallet from another manufacturer, considering that Ledger has lost all credibility over the years, whether it is due to the leakage of their customers' data (several times), or the fact that it is possible to extract seeds from their devices for the purpose of storing backups with third parties. Regardless of the fact that they claim that this is not possible on older models, the very fact that it is possible at all is a sign for great caution.

Therefore, it is better to play it safe and avoid these actions:

Use the seedphrase from the old device into the new one (as if you were restoring a wallet) if you want to avoid paying any transfer fees.

If we talk about new Ledger Nano S Plus, even if you buy a hardware wallet from another manufacturer, it's better to be a little paranoid and

complete this step:

Although, if I were you, I would rather transfer the funds to a newly generated wallet, just in case since you had the old wallet for all of these years.

That is, on a hardware wallet from a different manufacturer, create a new seed phrase, new wallets, to which you can transfer your crypto assets from the old Ladger Nano by making a transaction (will have to pay some fees, but this is a small price for a 100% security guarantee).

[dkbit98]

I have an old Ladger Nano (one that you have to delete coins in order to add/use others beacuse of memory limitation).

Word of advice.
Ledger literally stopped manufacturing and supporting most of their old devices, so I would not suggest using this device at all.
They all have closed source firmware, so it's better to consider moving to open source alternatives like Trezor (that supports oldest Trezor One until year 2036).
For new devices I would generate new seed words and send coins with transactions, that is safer if backup is done correctly.

[Pmalek]

I just installed Electrum and clicked the hardware wallet option, and my coins just appeared. Like this:
...

Doing that will only recover coins at that specified derivation path and not any other. OP might have created multiple "accounts" as the old Ledger Live likes to call them. His bitcoin might be scattered around different derivation paths. It's better if he installed the bitcoin app on his new Nano S Plus and had Ledger Wallet scan standard derivation paths in search for funded segwit, nested segwit, and legacy accounts.

@BBitcoin92
Besides bitcoin, do you have any other coins? Ledger won't automatically display them in the app. You have to install each coin app separately in the Ledger Manager (maybe they call it Account Manager) and make Ledger Wallet scan for funded accounts. If you don't do that, they won't be visible in the software and its portfolio. You won't lose your coins, of course, but you won't be able to see them. Try to remember each altcoin you might have sent to your Ledger back in the day.