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How to Transfer Crypto to Ledger Wallet

5m 26s1,220 words160 segmentsEnglish

FULL TRANSCRIPT

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how to send crypto to your Ledger

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Hardware wallet this is going to work

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the same for all of The Ledger devices

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we need Ledger live on our computer or

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our phone set up now if you're a

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complete beginner and you don't have

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this set up yet check the video down in

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the description it's a complete

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beginner's guide from start to finish so

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you can watch that if you want we're

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going to concentrate on actually getting

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a crypto address to send crypto to our

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ledger so plug your Ledger device in and

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make sure it's open now we're going to

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go to my ledger down here click this and

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it's going to ask you to confirm

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entering into my ledger on your device

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so confirm that and click into here now

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from here what we need to do

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is add an account and install

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applications so from here all you need

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to do is look for the blockchain that

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you want to add so if you want Bitcoin

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or ethereum just come down here to these

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on the right hand corner you can see

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install so you need to install the

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application for the blockchain that you

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want to use if you have assets built on

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top of a blockchain then you need to add

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the underlying blockchain right so if

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you have stable coins or you have nfts

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you need to know which blockchain they

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are on and then you can send them out so

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if you have an nft built on polygon or

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if you have a stable coin built on BNB

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chain add that chain in right here

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install it on the right hand side and

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you should be you should see that

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install and once it's installed then we

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can go and add accounts accounts in

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Ledger are like bank accounts you can

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have multiple different accounts within

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the same Ledger device they are all

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linked to the same seed phrase so if you

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want to recover them they're all going

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to be linked to this Ledger device but

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different accounts allow you to split

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crypto for example into a savings

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account that you don't touch or a

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checking account that you use more often

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so you can create one or multiple of

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these accounts right hand corner click

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add account then choose the asset that

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you want to create an account for so

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I'll choose BTC

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I can press continue just accept this on

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the device to create a new account it's

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going to confirm on the device and it's

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going to create that account for you now

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you have an account with a wallet

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address that you can receive to from

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here all we need to do is press receive

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and we get the wallet address that we

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can use so come down to receive right

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here it's going to have this pop-up then

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choose the chain that you want to use so

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simply for Bitcoin you choose the

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Bitcoin blockchain it's as simple as

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that now if you have another chain

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choose the chain if you have another

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asset built on that chain choose that

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chain as well so if you can see I can

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scroll down here I have binance Smart

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chain and then I have a lot of assets

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built on finance smart chain that I can

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send in if you can't find the specific

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asset that you want to send in just

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choose the chain it's on because the

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address is going to be the same no

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matter what asset that you're sending so

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just choose the chain that it's on if

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you can't see the actual asset that you

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want to send and it's going to give you

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your wallet address for that chain so

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click on this and then what you have to

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do is press continue and then it says

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open the app on your device so your

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device has to be plugged in and it says

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open app so on my device right here it

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says open the Bitcoin app the app is

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what we just downloaded so make sure

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that you can open that app and now it

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says Bitcoin app is ready as you can see

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here and it's getting an address so the

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address that it gives you is our deposit

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address now what you can see here is

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that we have the address and we can copy

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it and it says view the shared address

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matches the one on your device so on

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your device right now the address that

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you see on screen and the address that

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you see on the device should be exactly

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the same so just check that if you've

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downloaded a fake Ledger or something

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fake Ledger live or something else is an

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issue and it's not the same cancel out

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of this immediately unplug your device

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but as long as they're the same you can

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then go and copy this do not accept this

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already do not press these buttons yet

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because once you press these buttons

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this address is going to disappear so

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what I'm going to do is press copy on

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this and I'm know that I've copied the

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address and we can paste that in into

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our exchange to send it out now we can

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withdraw crypto from our exchange over

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to the wallet address that we have so

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I'll show you that I use buy a bit I'll

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leave links to buy a bit and the other

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exchanges I use down in the description

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if you're looking for a crypto exchange

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what we can do is go and withdraw so I

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have a Bitcoin address so I'm going to

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withdraw Bitcoin then I'm going to paste

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my wallet address in right here and then

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from there we can choose the chain type

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for Bitcoin there's only one chain that

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they support which is the Bitcoin chain

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so we click Bitcoin uh the Bitcoin chain

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and then we can choose an amount that we

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send out to this wallet address you can

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double check that it's exactly the same

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address as well and then go through with

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that withdrawal now if you have a

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different type of asset like a stable

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coin which is built on top of a chain

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then you can withdraw so US dollar

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tether withdraw choose the chain type so

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again if you're sending it on a chain

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you have to receive it on that same

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chain so go back to your Ledger make

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sure you have either ethereum or polygon

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or whatever chain that you want to use

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it is the same chain name that you

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receive and send that's the same chain

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and it's going to go through to that

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address so choose any chain that is

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supported within Ledger that you want to

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use I would always suggest sending a

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small amount first and eating the

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transaction fees just to test that it's

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all working and then once it's working

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you can go with the full amount my

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crypto course has 300 videos on how to

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get yourself set up the right way with

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crypto I'll leave that link in the

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description if you want more info I'm

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James it's my easy teachers for watching

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and I'll see you in the next one

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