What is the best way to move Ethereum from Coinbase to Ledger Nano X?

3 answers

• Dec 16, 2021 · 3 years ago
  One of the best ways to move Ethereum from Coinbase to Ledger Nano X is by using the Ledger Live software. First, make sure your Ledger Nano X is set up and connected to your computer. Then, open the Ledger Live app and select the Ethereum account. Click on the 'Receive' button to get your Ledger Nano X Ethereum address. Next, go to your Coinbase account and initiate a withdrawal. Paste your Ledger Nano X Ethereum address as the destination address and confirm the transaction. Finally, wait for the Ethereum to be transferred to your Ledger Nano X. This method ensures that your private keys are securely stored on your Ledger Nano X and minimizes the risk of unauthorized access.
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• Dec 16, 2021 · 3 years ago
  To move Ethereum from Coinbase to Ledger Nano X, you can also use a hardware wallet like Trezor or KeepKey. These wallets provide a secure offline storage solution for your cryptocurrencies. Simply generate an Ethereum address on your hardware wallet and use it as the destination address when withdrawing from Coinbase. This way, your private keys never leave the hardware wallet, ensuring maximum security for your Ethereum holdings.
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• Dec 16, 2021 · 3 years ago
  If you're looking for a user-friendly option, you can try using a mobile wallet like Trust Wallet or MetaMask. These wallets allow you to easily connect your Coinbase account and transfer Ethereum to your Ledger Nano X. Simply install the wallet app, create a new Ethereum wallet, and follow the instructions to connect your Coinbase account. Once connected, you can initiate a transfer from Coinbase to your mobile wallet, and then send the Ethereum from your mobile wallet to your Ledger Nano X using the provided address. Just make sure to double-check the address before confirming the transaction to avoid any mistakes.
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