Step-by-Step Guide for Setting up SAFE Smart Contract Multi-Sig Storage: A Superior Alternative to Hardware Wallets! ⭐️ (Verified) ✅

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   “SMART CONTRACT MULTI-SIG WALLET!” 💥 SETUP GUIDE! ⚡

   Hello, fam! Crypto Casey, here 👋 and I'm on a mission to improve people’s lives through #crypto education. In this important video, we explore the differences between storing crypto in wallets with private keys versus wallets with smart contracts enforced by computer code and how to set one up step by step.

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   CHAPTERS 💬 (Watch to the end!)

   00:00 – Ledger Recovery Services Explained
   00:45 – Stop Using Ledger?
   02:15 – Simple Action we Can Take TODAY
   02:30 – Ethereum Accounts Explained
   02:55 – Externally Owned Accounts EOAs
   04:07 – Contract Accounts
   05:40 – Setting up a Contact Account
   07:43 – Download Safe – Multisig Wallet App
   08:50 – Create a New Safe
   10:05 – ONLY for Ethereum & EVM Networks
   10:20 – Add Multiple Wallet Owners
   12:20 – Hot vs Cold Storage Wallets
   14:04 – Multiple Signers to Approve Transactions
   14:44 – Why You Can Choose to Use Ledger
   15:10 – Selecting Required Confirmations
   16:00 – Deploy Safe Smart Contract
   17:08 – Start Using Safe
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   WHAT NEXT? 🗺

   🖥 See ALL my other videos in one spot! (& Subscribe) ► https://bit.ly/Casey-x1
   📺 Watch: “Find Crypto Gems Before They Pump (New Tools!)” ► https://youtu.be/aAf1MeJ7nUY

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   TAGS: #tangemwallet #selfcustody #coldstorage #hardwarewallet #safe #smartcontract #contractaddress #etherum #decentralizedfinance #cryptowallet #defiapps #mobilewallets #seedphrases #privatekeys #selfcustody #securecustody #cryptocasey

   TOPICS: cryptocurrency wallet reviews, how to choose a crypto wallet, best hardware wallets for crypto, tangem wallet review, tangem wallet unboxing, protecting your crypto assets, self-custody solutions for crypto

   NOTE: This description contains affiliate links. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). Thanks for supporting the channel!

   DISCLAIMER: The information contained herein is for informational purposes only and not to be construed as financial, legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

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   ❤ Be safe out there.
   —Crypto Casey

2. So I can use it like a credit card?

3. The crypto/block chain space is like all the different alphabets on the planet (add a couple from Mars) have been chucked into a hat and someone says "what don't you get about it".

4. This is the best video on Youtbe on Safe, seems highly complex but ultimately highly secure.

5. Casey – Question: Your crypto assets would need to be inherited to say your spouse if you were to pass away. They would need your passcode correct to get access to the funds on your Tangem and also if you use biometrics for setting up Tangem security on your phone can they access your phone to get to the funds? Something no one has mentioned. Thanks

6. Sorry, Casey i am new to this, is there a reason why you did not add a metamask address?

7. .75speed

8. Another great video Casey! I just ordered my own Tangem card. I found out the hard way woth leaving coins on exchanges. First with Voyager and a few weeks ago Coinbase delisting GALA and i lost those coins too. Its very frustrating how easy you can screw yourself with this technology. Appreciate the video!

9. I am a beginner, this is so confusing

10. How would you use a multi sig with a dapp, that asks for Metamask wallet? 🤔

11. Wanted to be SUPER sure I was going to the right url, finally, thank you! haha.

12. All of this seems really great to me except the thought that the phone itself has access to all this stuff and in the event of a phone theft, several accounts are vulnerable. Maybe even with just remote access. Please reply.

13. what good does splitting up the private keys into 3 shards when ledger owns all the shards anyway?

14. With Tangem cards (both prime and backup), if they both or 3 of them are lost, can we still able to recover the coins without 12 or 24 words?

15. Great Review! How can you trust Safe in the first place? What if they stop their services and their app is not working?

16. Does anyone know how crypto BILLIONAIRES store their coins? I have a hard time believing they're using regular ol' Ledgers and Tangems….

17. Are multisig providers capable of stealing funds? Additionally, what would happen if they cease operations or go out of business? Would we lose all our assets in such scenarios?

18. Thank you for this excellent tutorial. I felt a little uncomfortable using Safe on my mobile. After watching this, I've changed my mind.

19. I had money taken out of my ledger micro lost 15k

20. hard to follow—–confusing—will try to listen again—-hard to follow the need for multiple wallets and the subtilty needed with them

21. This process may need to get simpler for mass adoption.

22. You look like Winona Ryder without the handcuffs.

23. You really do Rock TUFLIJAA My son introduced me to your platform.Your service need to be shared with everyone that fell for the Scam, lost coins or who had withdrawal issues. Its sad that people like that exist. Cant describe how much your service me

24. What if your key is already compromised, can you use this to claim ownership back or is it to late?

25. how does tangem copy the key from one card to another?

26. What a nightmare, even though you explained it amazingly…

27. Yes, stop using they service – as like everyone knows – if you wallet can be recovered by anyone else – that's mean it's not secure and that anyone else can hack your wallet and steal your assets easily! Only you and you only can have security "keys" to your wallet and only you can recover them! If it's otherwise – don't trust and never use! Im looking to get hardware wallet, but its so hard to find secure and trusted one! Definetly not going for this one!

28. i stop ledger for long time; not practical but it seems many youtubers seems to intro it

29. Thanks Casey for your effort .Who is collecting the fees for the multisig wallet ?Do you think these fees may suddenly go crazy at any moment ?

30. Самый крутой канал по теме крипты. Уже давно юзаю твои советы в своих инвестициях)

31. @cryptocasey is that a 1 time fee to set up the multi sig?

32. Guys , do you know if Casey is single or not

33. ok what if one of walllet`s owner is dead or one of major wallet provider (tryustwallet or MEW or other) is down or my tangem card is broken and we need 3 persons to activate transaction

34. ⚡⚡⚡

35. it is a good solution, but in fact, for ordinary users, it has a fatal weakness: that is when, for some reason, you cannot access the service provider's web, you no longer have a way to connect to your assets.

36. too long video

37. Can you make a video for Bitcoin Multisig with Tangem one of the keys? Tnx 🙏

38. Thank you very much for detailed explanation. I was looking for such a video. Can we turn a already existing wallet into a multisig?

39. Thanks Casey for the video, I love your explanations! Can I use separate Tangem cards as the keys for the multisig wallet?

40. This sounds so confusing. Yeesh. I still dont see the value of using the Safe wallet. Seems like it just makes all of your wallets vulnerable at once because you tie them all to SAFE.

41. Can you please show how the then USE the multisig co signing?
    Examples with Defi etc would be helpful!

42. Do you suggest the safe app (contract wallet) for a 'group' investment?

43. Great video thanks

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