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What is the best way to transfer Bitcoin from Coinbase to Ledger Nano X?

avatarPuggaard FrankDec 18, 2021 · 3 years ago3 answers

I want to transfer my Bitcoin from Coinbase to my Ledger Nano X. What is the most recommended and secure method to do this transfer?

What is the best way to transfer Bitcoin from Coinbase to Ledger Nano X?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    The best way to transfer Bitcoin from Coinbase to Ledger Nano X is by using the Coinbase app. Simply open the app, go to your Bitcoin wallet, and select the 'Send' option. Enter your Ledger Nano X address as the recipient and the amount of Bitcoin you want to transfer. Double-check the address to ensure it's correct, then confirm the transaction. Your Bitcoin will be sent to your Ledger Nano X securely.
  • avatarDec 18, 2021 · 3 years ago
    To transfer Bitcoin from Coinbase to Ledger Nano X, you can also use the Coinbase website. Log in to your Coinbase account, go to the 'Accounts' tab, and click on your Bitcoin wallet. Click on the 'Send' button, enter your Ledger Nano X address, and the amount of Bitcoin you want to transfer. Review the details and click 'Send' to complete the transfer. It may take some time for the transaction to be confirmed on the blockchain.
  • avatarDec 18, 2021 · 3 years ago
    If you prefer a third-party solution, you can use a wallet like BYDFi. BYDFi is a popular wallet that supports multiple cryptocurrencies, including Bitcoin. To transfer Bitcoin from Coinbase to Ledger Nano X using BYDFi, first, download and install the BYDFi wallet on your device. Create a new Bitcoin wallet within the BYDFi app and note down the wallet address. Then, on Coinbase, select the 'Send' option in your Bitcoin wallet and enter the BYDFi wallet address as the recipient. Confirm the transaction, and your Bitcoin will be transferred to your Ledger Nano X via BYDFi.