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What are the steps to transfer digital currency to a Ledger Nano S?

avatarAjay PathadeDec 17, 2021 · 3 years ago1 answers

Can you provide a step-by-step guide on how to transfer digital currency to a Ledger Nano S?

What are the steps to transfer digital currency to a Ledger Nano S?

1 answers

  • avatarDec 17, 2021 · 3 years ago
    Absolutely! Here's a step-by-step guide on how to transfer digital currency to a Ledger Nano S: 1. Connect your Ledger Nano S to your computer using the USB cable. 2. Open the Ledger Live application on your computer. 3. Enter your PIN code on the Ledger Nano S to unlock it. 4. In the Ledger Live application, click on the 'Receive' tab. 5. Select the digital currency you want to transfer from the dropdown menu. 6. A receiving address will be generated. Copy this address. 7. Go to the wallet or exchange where your digital currency is currently stored. 8. Initiate a withdrawal or transfer and paste the receiving address from your Ledger Nano S. 9. Confirm the transaction and wait for it to be processed. 10. Once the transaction is confirmed, you will see the transferred digital currency in your Ledger Live account. I hope this guide helps! If you have any more questions, feel free to ask.