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How can I safely withdraw my funds from Binance to my Ledger Nano S?

avatarHrithik PariharNov 27, 2021 · 3 years ago1 answers

I want to withdraw my funds from Binance to my Ledger Nano S. How can I do it safely and securely?

How can I safely withdraw my funds from Binance to my Ledger Nano S?

1 answers

  • avatarNov 27, 2021 · 3 years ago
    To safely withdraw your funds from Binance to your Ledger Nano S, you can follow these steps: 1. Make sure your Ledger Nano S is set up and connected to your computer. 2. Open the Ledger Live app and navigate to the 'Accounts' tab. 3. Select the cryptocurrency you want to withdraw and click on the 'Receive' button to get your wallet address. 4. Log in to your Binance account and go to the 'Withdraw' page. 5. Choose the cryptocurrency you want to withdraw and enter your Ledger Nano S wallet address. 6. Double-check the address to ensure it is correct. 7. Enter the amount you want to withdraw and click on the 'Submit' button. 8. Binance may require additional security measures, such as two-factor authentication. 9. Once the withdrawal is processed, your funds will be safely transferred to your Ledger Nano S wallet. Remember to always verify the wallet address and enable all necessary security measures to protect your funds during the withdrawal process.