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

1 answers

• Dec 18, 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.
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