What are the steps to transfer cryptocurrency from Binance to Ledger and how long does it usually take?

3 answers

• Dec 27, 2021 · 3 years ago
  Sure! Transferring cryptocurrency from Binance to Ledger involves a few simple steps. First, make sure you have a Ledger device and the Ledger Live app installed on your computer. Next, open the Ledger Live app and connect your Ledger device. Select 'Receive' in the app and choose the cryptocurrency you want to transfer. Copy the receiving address provided by the app. Now, go to your Binance account and navigate to the 'Withdraw' section. Select the cryptocurrency you want to transfer and paste the receiving address from Ledger Live. Enter the amount you wish to transfer and confirm the transaction. Finally, wait for the transaction to be processed and confirmed on the blockchain. As for the time it takes, it depends on the cryptocurrency and network congestion. Generally, it can take anywhere from a few minutes to a few hours for the transfer to be completed.
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• Dec 27, 2021 · 3 years ago
  No problem! To transfer your cryptocurrency from Binance to Ledger, you'll need to follow these steps. First, ensure that you have a Ledger hardware wallet and the Ledger Live software installed on your computer. Open the Ledger Live software and connect your Ledger device. In the Ledger Live software, click on the 'Receive' tab and select the cryptocurrency you want to transfer. Take note of the receiving address displayed on the screen. Now, log in to your Binance account and navigate to the 'Withdraw' section. Choose the cryptocurrency you wish to transfer and paste the receiving address from Ledger Live. Enter the amount you want to transfer and confirm the transaction. The time it takes for the transfer to complete can vary depending on network congestion and the specific cryptocurrency. Typically, it can take anywhere from a few minutes to a couple of hours.
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• Dec 27, 2021 · 3 years ago
  Certainly! Here's a step-by-step guide on how to transfer cryptocurrency from Binance to Ledger. First, ensure that you have a Ledger hardware wallet and the Ledger Live app installed on your computer. Open the Ledger Live app and connect your Ledger device. In the app, click on the 'Receive' tab and select the cryptocurrency you want to transfer. Take note of the receiving address provided. Now, log in to your Binance account and go to the 'Withdraw' section. Choose the cryptocurrency you wish to transfer and paste the receiving address from Ledger Live. Enter the amount you want to transfer and confirm the transaction. The time it takes for the transfer to be completed can vary depending on network congestion and the specific cryptocurrency. Generally, it can take anywhere from a few minutes to a few hours. If you have any further questions or need assistance, feel free to reach out to BYDFi's customer support.
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