How to Transfer Crypto from Coinbase to Ledger
Step-by-Step Guide
Transferring crypto from Coinbase to your Ledger hardware wallet ensures enhanced security and control over your digital assets. Here's a comprehensive guide:
Prerequisites
- Coinbase account with cryptocurrency
- Ledger Nano S or Nano X hardware wallet
- Ledger Live application
Instructions
1. **Connect Ledger to Ledger Live:** Install the latest firmware on your Ledger and connect it to the Ledger Live application. 2. **Open Coinbase and Select Crypto:** Log into Coinbase and select the cryptocurrency you want to transfer. 3. **Withdraw Crypto:** Click "Withdraw" and enter the amount you want to transfer. 4. **Paste Ledger Address:** In the "To" field, paste the receive address generated by your Ledger Live wallet for the specific cryptocurrency. 5. **Confirm Withdrawal:** Review the details and click "Withdraw" to initiate the transfer. 6. **Ledger Confirmation:** Once the withdrawal is processed by Coinbase, confirm it on your Ledger Live wallet by entering the PIN and verifying the amount.
Tips
* Double-check the receive address before confirming the withdrawal. * Transfer small amounts initially to ensure the process is working smoothly. * Store your hardware wallet securely and back up your recovery phrase.
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