Beginner's Guide to Crypto Wallets (2022)



This beginner’s crypto series continues with an introduction to Crypto Wallets. Just like you use a normal wallet when you want to access your cash, you use a crypto wallet to access your cryptocurrency. But there are lots of options depending on your needs and comfort level. Today I will go over those differences and share my favorite crypto wallet apps to suit your needs!

Topics:

00:48 What is a Crypto Wallet?


Clickbank Promo Tools

01:56 Custodial vs Non Custodial

03:56 Hot Wallet vs Cold Wallet

4:44 Favorite Phone Wallets

5:44 Favorite Desktop wallets

7:15 Favorite Hardware wallets

08:56 Safety Tips

In this series you’ll learn all about how to make money, store money and save money using crypto in your every day life. Cut the strings tying you to money that is tracked, controlled, inflated, and seized. The future is crypto, and the power in your hands.

Tutorial for getting started with a custodial wallet, aka “crypto bank”:

Helpful links:

Edge Wallet (
Bitcoin.com Wallet (
Wasabi Wallet (
Electron cash desktop wallet (
Keepykey (
Trezor (
Ledger (

An important note: Make sure you buy your hardware wallet from a verified seller, ie directly from the companies themselves!

Episode 3: How to Buy Crypto
Coming soon!

Watch this video on Odysee:

A huge thank you to all the Flipstarter supporters who contributed to this series! Flipstarter is a great crypto crowdfunding tool:

Edited by Lee Rennie

If you would like to send me a message and support my channel, visit

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Sign up for the members-only newsletter here and get access to exclusive content by becoming a member of NBTV!

Here are a bunch of products I like and use. Using these links helps support the channel and future videos!

Recommended Books:

Permanent Record – Edward Snowden

No Place to Hide: Edward Snowden, the NSA, and the U.S. Surveillance State – Glenn Greenwald

What has the government done to our money – Rothbard

Naomi’s Privacy Bag: some of my favorite products to help protect your privacy!

Use the Brave browser!

USB-C to ethernet adapter:

Lightening to ethernet adapter:

Faraday bag wallet (signal stopping, to protect your fob, credit card, and phone)

Data Blocker (if you’re charging your phone in an unknown port, use this so that no data is transferred)

Computer privacy screen (use your computer in public? Keep your information safe!)

Phone privacy screen (don’t let people in public see your private data)

Camera cover (for computers and phones, so no one can access your camera without you knowing)

Privacy Tip: Don’t use wifi, and if you must, append the tag ‘_nomap’ or ‘_optout’ to your SSID to stop other websites tracking your location.

source

27 thoughts on “Beginner's Guide to Crypto Wallets (2022)

  • January 25, 2022 at 3:29 pm
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    Loving this, thank you! Learning more and more each video.

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  • January 25, 2022 at 3:29 pm
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    write it down in a paper and have it laminated.

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  • January 25, 2022 at 3:29 pm
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    I'm curious, is there a way to keep money in a "cold" storage thats not a crypto currency ?

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  • January 25, 2022 at 3:29 pm
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    Cute British Zooey Daschanel (probably spelled that wrong 😑)

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  • January 25, 2022 at 3:29 pm
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    I'm going through your videos and find them very informative. Just wanted to add that I would prefer a hardware wallet over a paper wallet for convience but what concearns me is failure within the wallet and something like a emp that wipes it. Might take awhile to get back. Also if you have to go to another country and get a dishonest customs person most know what a hardware wallet is-they might take it or use it as leverage to get into their country. I know there are negatives to a paper wallet but if you keep multiple small paper wallets and sweep 1 at a time to a hot wallet for usage and keep encrypted backups of the keys on a dvd(emp proof) and keep printouts made on a offline printer and keep half code on you and other half inside and outside house car mabye. I see this as most secure way to store.

    Reply
  • January 25, 2022 at 3:29 pm
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    Can you comment on Trading platforms? e.g. Gemini versus Coinbase or others available?

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  • January 25, 2022 at 3:29 pm
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    I don't understand why you don't have more subscribers, Naomi?…

    You know about tech, you're an Aussie (Americans still love us yeah?) and you're real easy on the eyes!

    Anyway, Thanks for the vids! <3 Keep up the good work!

    Reply
  • January 25, 2022 at 3:29 pm
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    I make my own cold storage wallet. Its just electrum portable inside of veracrypt encrypted folder on a usb device.

    Little confused about the terminology though. Why would you keep a non-custodial hot wallet connected online if youre not actively transacting? How do you transact from a non-custodial cold wallet if you never connect it to the internet? Dont you need to connect to the internet to use crypto? And isnt it safe to disconnect from the internet when not in use? Then what is the difference between a cold wallet and a hot wallet? I feel like what youre really trying to get at is the difference between software and hardware wallets.

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  • January 25, 2022 at 3:29 pm
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    Confusing terminology. If I have a non-custodial wallet then I am the custodian of my own keys, right? Doesnt that make the wallet custodial then?

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  • January 25, 2022 at 3:29 pm
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    I was wondering if it would be possible to buy crypto at something like Blockfi and then transfer it to a hardware wallet.

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  • January 25, 2022 at 3:29 pm
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    Thank you Naomi, clear concise and to the point.

    Reply
  • January 25, 2022 at 3:29 pm
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    I've been doing mnemonic stuff in order to remember long strings of alphanumerics. I'd be kind'v up to the challenge of having it be all or nothing with just remembering the code. If you're imagining this correctly I look sort of like Gandalf in front of a stone wall that's only going to reveal a door if I can remember the code. The good thing about this is that if someone tries to force me to tell them the code, I'll get nervous and won't be able to remember. The hard part isn't remembering a long code, it's tryin to understand these computer thingies of which you speak. What kind'v new-fangled things they'll come out with next I'm sure I don't know.

    Reply
  • January 25, 2022 at 3:29 pm
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    As an old geezer who'd pretty much prefer to bring a pig around with me to trade for goods, I'm at first put off by the complexity BUT since regular banks aren't there just to steal all your parents' money and yours but to do so in a complicated way that means it takes, for example, four years and countless interactions to get a measly $7000 (Canadian!) from the Royal Bank after your dad dies, well, it's all relative. I'm kinda diggin this whole cold wallet concept. I'd take a chance (he announces on the internet) with putting a goodly chunk a change into one a them puppies and whacking anyone on the head with my umbrella if they try to take it. Is a long way of saying I'm intrigued despite myself.

    Reply
  • January 25, 2022 at 3:29 pm
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    Your channel is amazing

    Reply
  • January 25, 2022 at 3:29 pm
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    what if your hardware wallet breaks down ?

    Reply
  • January 25, 2022 at 3:29 pm
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    Greetings mates, Most newbies usually undermine and neglect the importance of technical analysis with regards to trading. Technical analysis overly predicts the movement of assets prices regardless of what is happening in the wider or broader market. Essentially, the education involves studying the paths of a particular asset movement in this past so as to establish a sustainable pattern that can be used to predict future movement of an asset. Doing technical analysis can be quite different which is why most newbies / traders neglect day trading their stocks/ coins and stick to holding which is very dangerous as when the market goes bearish, advise any newbies / traders to buy the dip for traders who are still wondering to enter the market or old time traders who are holders to seek help from not just any trader but an established trading expert with at least 96% trade accuracy .I underwent series of trading loses l'd best not talk about before I was introduced to trading analyst Mr Elvis Hercules My contact with him has been the Pinnacle of this year for me, under his careful guide and his signal service I've been able to recover my losses and even grow my trading portfolio massively from 1.6 BTC to 7 BTC and also from 10k to 67k in stocks ,in just 5 weeks. I orientation of trading will advice traders and newbies to before they involve in it. Mr Elvis Hercules,makes you learn daily while you make profit with his signals. he can be contacted via mail!

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    Reply
  • January 25, 2022 at 3:29 pm
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    You are very pretty!

    Reply
  • January 25, 2022 at 3:29 pm
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    you are Beautiful & Smart Girl 😯👍👏

    Reply
  • January 25, 2022 at 3:29 pm
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    Fascinating and nicely done presentation. I assume it is easy enough to transfer money to a different wallet if I had a second wallet, as with bank accounts, had a second account.

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  • January 25, 2022 at 3:29 pm
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    I live in anywhere u.s. and I need you to tell me what gas stations accept crypto!? And then while you're at it tell me which of the Walmarts you go to or grocery stores that also accept it!? How do you get crypto? Oh yeah, that would be with money! Because of the dollar amount it is worth it at any given time is the reason it will never be like currency. And just try to dispute a purchase with crypto ¿`_

    Reply
  • January 25, 2022 at 3:29 pm
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    Love the clear commentary. Makes the technical stuff logical. I wish you very much success and I also think you will get it. Thank you.

    Reply
  • January 25, 2022 at 3:29 pm
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    Two questions: are you concerned that some of these wallets are not OSS? And is it possible to have the same private key in two different wallets? My idea is to use a desktop non-custodial wallet and also having a paper wallet as a backup if it's possible

    Reply
  • January 25, 2022 at 3:29 pm
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    Okk now whats your secret pass ? I promise not to share it!

    LMAO

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  • January 25, 2022 at 3:29 pm
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    The movie clips are great, thanks

    Reply
  • January 25, 2022 at 3:29 pm
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    Great video and thank you. What do you think of multi-sig wallets or companies like Casa? Sorry if this has already been covered.

    Reply
  • January 25, 2022 at 3:29 pm
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    Great video! Congrats for making such complex topic easily digestible. One question: talking to my tax company, in the USA, I was advised to be careful transferring funds, since transfers between wallets don’t necessarily generate a tax event, but if the transfer goes through a third party it does. So, how to make sure that a wallet such as coinbase wallet will send/receive funds directly to/from another wallet without going to coinbase to then go to the wallet? Thanks!

    Reply
  • January 25, 2022 at 3:29 pm
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    Thanks for the info Naomi. So much detail summarised perfectly for my brain 🙂

    Reply

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