 digital asset news to get top stories in cryptocurrency digital assets and bring them down to bite-sized pieces. Today we're gonna do a little education series and we're gonna update our firmware for our nano ledger. I know this seems very tedious and kind of a pain and sometimes it's actually kind of scary for some people but we're gonna walk you through it just to make sure that nothing goes wrong and it's actually perfect. So let's jump right in. Let's update the firmware and you'll know you'll need to update the firmware if you go to the menu for ledger live and if you're looking at portfolio account send receive manager you click on manager and I'll say firmware version 1.6.1 is available my firmware is outdated to 1.6.0 so yeah sure whatever so we're gonna update the firmware is gonna click on this and it's gonna tell us look to do this in case something screws up make sure you have your 24 word recovery phrase is written down recovery sheet which you should have at all times that thing is like gold so don't lose that that's super important right so I have that I'm gonna click on I have my recovery phrase and I'm gonna click on continue and it's gonna download and I'll just speed this up and you'll notice on your nano ledger it'll just say processing it'll be going down and now it's gonna say okay you need to verify this so you have to look at your actual nano ledger there's two buttons I'm using my old one it's not it's the S not the X so it's got buttons and well they both got buttons but these ones are a little bit old fashion I guess so we're gonna click on right button there version 1.6.1 yes identifier 104 yes 204 yes 304 404 and then perform the update is a little check mark there on the left hand side and when it gets to the check mark perform update you're gonna click both the buttons you're gonna put in your pin and you're gonna wait now it's gonna go as what's called a boot loader screen it's gonna say MCU updating please wait for the update to finish 100% this is where your heart starts to go up pounding on your chest because you're like I know this should work but you never know that's the whole reason for that your passphrase because if anything screws up I mean remember your cryptocurrency is an on nano ledger the only it holds is private keys so there's nothing physical there it's just a way to unlock things and to spend things or spend crypto currencies your assets so again you're gonna see processing for more updating and of course you got to reinstall the apps which sucks what are you gonna do you might see the pin code so you're gonna unlock that and you're gonna notice that on your ledger that all the apps for me I just have Bitcoin Ethereum XRP right now because on my other one the X I have all the other ones it's gonna have you reinstall the apps which is no big deal it's not like you've lost your cryptocurrency it's all there don't worry just reinstall the app so you can see it it's gonna ask you to click both buttons sure and it does it automatically Bitcoin Ethereum XRP fantastic I gotta tell you I can see why the uninitiated would be like would be pretty works out when I first did this when I was uninitiated I was like what the hell's going on you kind of get a little you know little lump in your throat like shoot there's a lot of money I mean some people have I mean let's be honest some people have hundreds of thousands even millions of dollars on their ledger now I think you should have them all in one ledger I think maybe if you have a million dollars maybe you could afford it by two three or five just saying but yeah I mean when you when you're going through all this because in the old days everything was sorted on a in the bank he got some like this you like shoot and make sure this is all good but just remember if you have your passphrase you're gonna be okay all right now apps installs assessment now into your accounts great fantastic so we're gonna click on manage my accounts so we all right Bitcoin Ethereum chain link Bitcoin cash flow stuff right all right let's start with Ethereum we'll click on continue this is a opening Ethereum app on your device so on my device right now I have three things loaded I have Ethereum XRP and Bitcoin so I'm going to find Ethereum double-click it says applications ready sometimes you just got to wait I remember all this is doing is allowing ledger live to actually view it that's all it's doing it's not downloading the money again or downloading the cryptocurrency assets it's already there it's just so you can actually see it interface with it and all that good stuff and look we've got them all installed everything's good to go so we check our portfolio here we are and everything's good now I have the little eyeball the discrete mode so you can't see them all but just so just so you know I have multiple nano ledgers because I just have this fear at some point I'm gonna lose something so just to back myself up I got like four of these things and I just want to make sure that when the bull run comes I'm totally correct I'm okay with spending you know 59 bucks on an X or 100 bucks on an S or I'm probably swept swap those two prices but it's okay I just want to make sure that I'm taking care of later on it's gonna be alright as long as I have everything safe so right now we're good to go we've updated everything if we go back to manager it does say farmers up firmwares up to date 1.611 now we can go on with everything we do