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How can I securely transfer my cryptocurrency from Coinbase to Ledger Nano S?

avatarElite Mobile RVNov 27, 2021 · 3 years ago1 answers

I want to transfer my cryptocurrency from Coinbase to my Ledger Nano S hardware wallet. How can I do this securely?

How can I securely transfer my cryptocurrency from Coinbase to Ledger Nano S?

1 answers

  • avatarNov 27, 2021 · 3 years ago
    At BYDFi, we understand the importance of securely transferring your cryptocurrency. To transfer your cryptocurrency from Coinbase to your Ledger Nano S, follow these steps: 1. Connect your Ledger Nano S to your computer using the USB cable. 2. Unlock your Ledger Nano S by entering your PIN. 3. Open the Ledger Live app on your computer. 4. In the Ledger Live app, click on 'Receive' and select the cryptocurrency you want to transfer. 5. Copy the receiving address provided by the Ledger Live app. 6. Log in to your Coinbase account and navigate to the 'Send' section. 7. Paste the receiving address from your Ledger Live app into the 'Recipient' field. 8. Enter the amount of cryptocurrency you want to transfer and review the transaction details. 9. Confirm the transaction and wait for it to be processed. By following these steps, you can securely transfer your cryptocurrency from Coinbase to your Ledger Nano S and have full control over your funds.