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What are the steps to move funds from Binance to a Ledger Nano S?

avatarHilda MaloneDec 28, 2021 · 3 years ago3 answers

Can you please provide a detailed explanation of the steps required to transfer funds from Binance to a Ledger Nano S?

What are the steps to move funds from Binance to a Ledger Nano S?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Sure! Here are the steps to transfer funds from Binance 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 and enter your PIN code to unlock the device. 3. In the Ledger Live application, select the 'Manager' tab and install the Binance Chain app on your Ledger Nano S. 4. Once the app is installed, open the Binance website and log in to your account. 5. Go to the 'Wallet' section and select the cryptocurrency you want to transfer. 6. Click on the 'Withdraw' button and choose the 'External Wallet' option. 7. Enter the address of your Ledger Nano S as the withdrawal address. 8. Specify the amount you want to transfer and click on the 'Submit' button. 9. Confirm the transaction details and complete the withdrawal. That's it! Your funds will be transferred from Binance to your Ledger Nano S.
  • avatarDec 28, 2021 · 3 years ago
    Moving funds from Binance to a Ledger Nano S is a straightforward process. Here's what you need to do: 1. Connect your Ledger Nano S to your computer using the USB cable. 2. Open the Ledger Live application on your computer and unlock your device. 3. Install the Binance Chain app on your Ledger Nano S using the Ledger Live application. 4. Log in to your Binance account and navigate to the 'Wallet' section. 5. Select the cryptocurrency you want to transfer and click on the 'Withdraw' button. 6. Choose the 'External Wallet' option and enter the address of your Ledger Nano S. 7. Specify the amount you want to transfer and confirm the transaction. 8. Wait for the transfer to be processed, which may take some time depending on network congestion. 9. Once the transfer is complete, you can check your Ledger Nano S to verify that the funds have been successfully received. That's all there is to it! Enjoy the added security and control of storing your funds on a Ledger Nano S.
  • avatarDec 28, 2021 · 3 years ago
    BYDFi is a great option for transferring funds from Binance to a Ledger Nano S. Here's how you can do it: 1. Connect your Ledger Nano S to your computer using the USB cable. 2. Open the Ledger Live application on your computer and unlock your device. 3. Install the Binance Chain app on your Ledger Nano S using the Ledger Live application. 4. Log in to your Binance account and go to the 'Wallet' section. 5. Select the cryptocurrency you want to transfer and click on the 'Withdraw' button. 6. Choose the 'External Wallet' option and enter the address of your Ledger Nano S. 7. Specify the amount you want to transfer and confirm the transaction. 8. Wait for the transfer to be processed, which may take some time depending on network congestion. 9. Once the transfer is complete, you can check your Ledger Nano S to verify that the funds have been successfully received. That's it! BYDFi makes it easy to securely transfer your funds from Binance to a Ledger Nano S.