Transfer Cardano To Ledger Nano X ✅ ADA To Ledger | Buy Cardano Canada | Send Cardano To Ledger
FULL TRANSCRIPT
hello welcome to today's class in
today's tutorial I'm going to show you
step by step how to buy cardano that is
Ada and store it on your Ledger Nano X
if today is your first time we're
meeting hi I'm bloomingo Morin your
money coach follow me on all social
media platforms for more educational
content on crypto investing and don't
forget to subscribe to my YouTube
channel okay thank you very much so
let's jump straight into today's
tutorial how to buy cardano and transfer
it or store it on your Ledger Nano X
if you don't have the Ledger Nano X I'm
going to leave a link in the description
below for you to access the correct
website to get your own Ledger device
it's very very important to get your
Ledger wallet directly from the
manufacturer so let's jump straight into
today's class Step One You're Gonna log
into your preferred crypto exchange for
those of us that we're in Canada I
prefer using index especially if you in
turn buying crypto worth one thousand
two thousand three thousand anything
more than a thousand I usually recommend
using index if you don't have an index
account I'm Gonna Leave a link in the
description below where you can open
your index account okay so log into
index
so this is where you're going to enter
your two-factor Authentication
so step two you're gonna fund your
account if you don't know how to fund
your account I already did an extensive
video on how to fund your index account
I'm Gonna Leave the link to the video up
here okay so step three we're gonna buy
cardano so for you to buy cardano you
can either do this on your phone or on
desktop again I'm doing this on desktop
so you can just come here search for Ada
that's Ada
so we're going to be using Canadian
dollars to buy cardano so just click on
the pair
so I'm just gonna buy 100 worth of ADA
so that's about 172 Ada
so I'm just gonna click on buy so buy is
this green one here so click on that
it's very very easy
so it says are you sure you want to open
this minute are you sure you want to buy
this you can see the fee
um this is the amount of ADA this is
amount that we're gonna receive so click
on confirm buying
you can see other successful order
requests submitted so if you go back to
your dashboard once you've bought this
then click on wallets you can see here
that we have some Ada already okay so
the next thing that we're gonna do step
four is to log into Ledger live if you
don't know what Ledger life is I already
did a video on how to set up your Legend
on your accent how to set up Ledger live
I'm Gonna Leave the link up here okay so
you can watch that later so we're gonna
log into Ledger live
so go ahead and log into Ledger live
so step six this is where we're gonna
transfer Ada from index to our ledger so
what you're going to do is you're going
to plug in your Ledger device you're
going to plug it to your computer or if
it's on your phone you can just open the
Ledger life on your phone it's the same
process so the next thing that you're
going to do make sure that you already
have cardano installed on your Ledger if
you don't have cardano installed yet
what you can do is come on the account
click on add that you're going to search
for cardano
then you just click on it because I
already installed it so it's not giving
me the option to reinstall this again so
that's just a way for you to add cardano
on your Ledger it's very very easy again
just click on ADD search for cardano
click on install and that's it okay so
what we're going to do right now is once
you've plugged in your Ledger device
then you're going to unlock it so enter
your PIN code enter your PIN code on
your Ledger Hardware wallet
so once you've entered your pin code on
your Ledger the next thing you're going
to do is to open the cardano app okay go
ahead and open the cardano app once you
open it your Ledger device should say
cardano is ready
okay so what you're going to do is
you're going to click on you're going to
click on receive because again you want
to receive from cardano from
index so click on receive
you're going to select the coin that you
want to receive again we want to receive
Ada that's cardano
so it says please only set Ada or native
tokens to cardano accounts
so we're sending Ada so click on
continue
so this is just loading up you can see
my own address here it's telling me on
my ledger device that I need to verify
the accuracy of this address so what
you're going to do you're gonna look at
this string sub number add blah blah
blah all the way here
to make sure that it's the same thing on
your ledger so what you're going to do
click on the right button click on
double click on your Ledger double click
it it says sending path it shows a bunch
of numbers click double click it again
double click it again so now it's
showing me the address
so what I usually do I just look at the
first few maybe six or seven
characters that starts the address 80d
are one I look at what is on my ledger
two it's the same thing I look I scroll
again to the right I look at the last
five characters is the same thing
so what you cannot do is either you copy
this
or instead of doing that you can just do
the show QR code if you're doing this on
your phone it's also very very easy you
just scan the QR code but because I'm
doing this on desktop I've already
copied the address so once I see that
it's the same thing I just double click
I I click on the right and the left
button at the same time on my ledger
Hardware wallet and now it says confirm
address so since it's correct I'm just
going to double click again
so it says done I'm now going to go back
on index
then I click on
cardano I click on send
I click on cardano because again we are
sending to an external wallet
I'm going to paste the adder that I just
copied from
my ledger paste it here
okay
now I I want to send everything but if
this is the first time you're sending or
you're not super sure you want to be
really really sure I'll say maybe you
sent a few but this is just one hundred
dollars okay so again there is a fee
so I just click on I hereby confirm this
then I click on send Ada
so again I need to enter my
authentication code
now I still need to verify the
withdrawal in from my email so now I'm
just gonna confirm the withdrawal from
my email so I got an email from index so
I'm just gonna click confirm withdrawal
click on continue
so right on my phone it says withdrawal
confirmation success so I'm just gonna
close out of this
so if we come back to
the dashboard and go to your wallet
you can see that the cardano is no
longer in my index wallet so I'm just
going to go to Ledger live to check if
it has gotten there
I'm going to enter my password again
so this is where you're going to confirm
that the aider is not in your Ledger
wallet if you click on portfolio and
just scroll down a little bit under
latest operations you should see the
same transaction if you click on this
toggle here it should show you the
balance your the balance the Ada balance
that you just sent from index okay we've
come to the end of today's class if you
found this video helpful please let me
know in the comment section below and
click on the like button it motivates me
to create more crypto content and
tutorials for you and please don't
forget to subscribe to my channel and
until then I'm bloomingo Maureen and
I'll see you in the next class bye bye
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