How to transfer coins from Coinbase to Ledger?
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If you buy cryptocurrencies through Coinbase and store them there, Coinbase is in possession of your private keys and could theoretically disappear with your cryptocurrencies at any time.
Therefore, it is recommended not to keep the coins on exchanges, but to transfer them to wallets, where one is the only one in possession of the private keys.
You should therefore consider sending the coins from your Coinbase Wallet to your Ledger Wallet. For a possible later sale, you can simply send the coins from the hardware wallet back to Coinbase.
How to transfer coins from Coinbase to your hardware wallet
- Generate a new address via your hardware wallet. For example, open the Ledger Live software and select the “Receive” option for the corresponding account. Copy the displayed address to your cache.
- In Coinbase, you now navigate to your portfolio page and select the appropriate wallet from which you want to send.
- In the Send dialog box, select the wallet address option because you want to send to a wallet outside of Coinbase. Copy the address of the hardware wallet into the corresponding field.
- Enter the amount of cryptocurrency you want to send into the Amount field.
- Select Next and confirm the transaction details to complete the sending. Make sure that the address matches the one copied from the hardware wallet.
Ledger STAX
The most important facts in brief |
- Secure your Cryptos, NFTs, and tokens. Powered by the Secure Element chip and Ledger's proprietary OS, the well-known Ledger security is ensured.
- Read, understand and sign transactions with ease due to the large e-ink display.
- Personalization of the Ledger Stax' with any image or NFT on the lock screen possible.
- Mobile-first due to built-in Bluetooth module.
- More than 5.500+ (to the complete list) different cryptocurrencies are supported
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Ledger Nano S Plus
The most important facts in brief |
- The world's most popular hardware wallet is now even better: bigger screen and more memory.
- Management of over 5.500+ (to the complete list) digital assets possible.
- Send and sign NFT transactions with full transparency possible in Ledger Live.
- The large screen makes it easy to navigate and review transactions.
- Up to 100 apps can be installed in parallel.
- ANSSI certified safety of the components
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Ledger Nano X
The most important facts in brief |
- Manage your cryptocurrencies and NFTs with this Bluetooth-enabled hardware wallet
- Offers the most modern safety due to the certified safety element
- Supports over 5.500+ (to the complete list) cryptocurrencies, including Bitcoin, Ethereum, XRP
- with Bluetooth, which enables mobile use via a smartphone in addition to use on a PC
- safe and free shipping directly from the manufacturer for 119,00 € (click here to check the current price)
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