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What is the process of connecting Coinbase to a hardware wallet?

avatarevanryuuNov 29, 2021 · 3 years ago1 answers

Can you explain the step-by-step process of connecting Coinbase to a hardware wallet? I want to ensure the security of my digital assets and understand how to transfer them from Coinbase to a hardware wallet.

What is the process of connecting Coinbase to a hardware wallet?

1 answers

  • avatarNov 29, 2021 · 3 years ago
    Connecting Coinbase to a hardware wallet is a crucial step in securing your digital assets. Here's a simple guide to help you: 1. Choose a hardware wallet that supports the cryptocurrencies you own. Popular options include Ledger Nano S and Trezor. 2. Set up your hardware wallet by following the manufacturer's instructions. This usually involves creating a new wallet and setting a PIN or passphrase. 3. Log in to your Coinbase account and go to the 'Accounts' tab. 4. Select the cryptocurrency you want to transfer and click on the 'Send' button. 5. Enter the recipient address provided by your hardware wallet. 6. Verify the address to ensure accuracy. 7. Confirm the transaction and wait for it to be processed. 8. Once the transaction is confirmed, your cryptocurrency will be safely stored in your hardware wallet. Remember to keep your hardware wallet and recovery phrase secure to protect your funds.