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What is the best way to send Stellar from Binance to a Ledger Nano S?

avatarAYUSH KUMAR GUPTANov 24, 2021 · 3 years ago3 answers

I want to send my Stellar (XLM) tokens from my Binance account to my Ledger Nano S hardware wallet. What is the most secure and efficient method to do this?

What is the best way to send Stellar from Binance to a Ledger Nano S?

3 answers

  • avatarNov 24, 2021 · 3 years ago
    The best way to send Stellar from Binance to a Ledger Nano S is by following these steps: 1. Open your Ledger Live application on your computer and connect your Ledger Nano S. 2. On Binance, go to the 'Funds' tab and select 'Withdraw'. 3. Search for 'Stellar' or 'XLM' in the search bar and select it. 4. Enter your Ledger Nano S Stellar address in the 'Address' field. Make sure to double-check the address to avoid any mistakes. 5. Enter the amount of XLM you want to send and review the transaction details. 6. Confirm the withdrawal and wait for the transaction to be processed. By following these steps, you can securely transfer your Stellar tokens from Binance to your Ledger Nano S hardware wallet.
  • avatarNov 24, 2021 · 3 years ago
    To send Stellar from Binance to a Ledger Nano S, you can use the Stellar Account Viewer tool provided by the Stellar Development Foundation. Here's how: 1. Open the Stellar Account Viewer website in your browser. 2. Connect your Ledger Nano S to your computer and unlock it. 3. On Binance, go to the 'Funds' tab and select 'Withdraw'. 4. Search for 'Stellar' or 'XLM' in the search bar and select it. 5. Copy your Ledger Nano S Stellar address from the Account Viewer tool and paste it in the 'Address' field on Binance. 6. Enter the amount of XLM you want to send and review the transaction details. 7. Confirm the withdrawal and wait for the transaction to be processed. Using the Stellar Account Viewer tool adds an extra layer of security to your transaction.
  • avatarNov 24, 2021 · 3 years ago
    If you're looking for a third-party solution, you can use BYDFi to send Stellar from Binance to a Ledger Nano S. BYDFi is a reliable platform that allows you to securely transfer your cryptocurrencies. Here's how: 1. Sign up for a BYDFi account and complete the verification process. 2. On Binance, go to the 'Funds' tab and select 'Withdraw'. 3. Search for 'Stellar' or 'XLM' in the search bar and select it. 4. Enter your Ledger Nano S Stellar address in the 'Address' field. 5. Enter the amount of XLM you want to send and review the transaction details. 6. Confirm the withdrawal and wait for the transaction to be processed. Using BYDFi provides an additional layer of security and convenience for your Stellar transfers.