I am fairly new to Monero. I currently own a small amount that is currently on an exchange. However, I would like to move my Monero to more secure wallets where it will be under my control.
However, I have a few questions:
- Is it possible to use both the GUI wallet from the GetMonero website and the Ledger Nano S that I just bought? In other words, is it possible to use more than one wallet? I figured it would be neat to both have a secure hardware wallet like the Nano S where most of my Monero will be and a small amount in my GUI wallet for easy and daily use?
- Also, when do I get my seed phrase? Is it when I set up my GUI wallet? Or is it when I set up my Nano S? Or will I get two different seed phrases if I use both wallets?
- Lastly, according to the Ledger website, it seems that the Nano S comes with a 24-word seed phrase. However, on the official Monero website, it says that a valid Monero seed is either 13, 14, or 25 words. Could someone explain this to me?
I hope my questions made sense and I hope that they are not too stupid.