This guide explains how to securely transfer cryptocurrency from your Coinbase account to a Ledger hardware wallet.
If you've recently purchased a Ledger device or are considering one, you're taking a crucial step toward securing your crypto assets. Unlike exchanges like Coinbase, which hold your private keys, a Ledger wallet stores these keys offline in its secure chip, protecting them from hacks and online vulnerabilities.
Steps to Transfer Crypto from Coinbase to Ledger
Follow these three simple steps to complete the transfer:
1. Prepare Your Ledger Wallet
- Open Ledger Live and click Receive.
- Select the cryptocurrency you wish to transfer.
- Connect your Ledger device and open the corresponding crypto app.
- Verify the receiving address displayed on your Ledger device. If correct, click Copy Address.
2. Log in to Coinbase
- Sign in to your Coinbase account using your credentials.
- Navigate to Accounts and select the crypto asset you’re transferring.
3. Initiate the Transfer
- Enter the amount you wish to send.
- Paste the copied Ledger address into the recipient field.
- Complete any required two-factor authentication (2FA).
👉 Watch a step-by-step video tutorial here
Success! Your crypto assets are now en route to your Ledger wallet. Once the transaction is confirmed on the blockchain, the funds will appear in your Ledger Live account.
FAQs
How long does a transfer from Coinbase to Ledger take?
Transfer times vary by cryptocurrency and network congestion. Bitcoin transactions may take 10–30 minutes, while Ethereum transfers typically process faster.
Is there a fee for transferring crypto from Coinbase?
Yes, Coinbase charges network fees (gas fees for Ethereum, miner fees for Bitcoin). These fees fluctuate based on blockchain activity.
Can I reverse a transfer sent to the wrong address?
No. Crypto transactions are irreversible once confirmed. Always double-check the recipient address before sending.
Do I need a Ledger device to receive crypto?
Yes, you must set up a Ledger wallet and generate a receiving address beforehand.
Need Help?
If you encounter issues, contact Ledger Support for assistance.
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