common-close-0
BYDFi
Trade wherever you are!

Which steps should I follow to move my crypto from a Coinbase wallet to a Ledger?

avatarHaroon AsifDec 27, 2021 · 3 years ago1 answers

I want to transfer my cryptocurrency from my Coinbase wallet to a Ledger. What are the steps I need to follow to do this securely?

Which steps should I follow to move my crypto from a Coinbase wallet to a Ledger?

1 answers

  • avatarDec 27, 2021 · 3 years ago
    Moving your crypto from a Coinbase wallet to a Ledger is a straightforward process. Here's what you need to do: 1. Connect your Ledger device to your computer and open the Ledger Live app. 2. In the app, select the cryptocurrency you want to transfer. 3. Click on the 'Receive' tab to view your Ledger wallet address. 4. Log in to your Coinbase account and navigate to the 'Send' section. 5. Paste your Ledger wallet address into the 'Recipient' field. 6. Enter the amount of cryptocurrency you want to transfer. 7. Review the transaction details and confirm the transfer. 8. Wait for the transaction to be confirmed on the blockchain. It's important to note that once the transfer is complete, your crypto will be stored on your Ledger device, which provides enhanced security compared to keeping it on an exchange like Coinbase. Enjoy the peace of mind knowing that you have full control over your digital assets!