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How to transfer assets from Ledger wallet to exchange

Robert De Niro
Robert De NiroOriginal
2024-09-25 15:03:21954browse

Transferring crypto assets from a Ledger wallet to an exchange requires the following steps: Confirm the wallet address and copy it into the exchange withdrawal field; Enter the amount and verify the transaction; Broadcast the transaction to send it to the blockchain network; Check the transaction Status to track the process of assets being credited to exchange accounts.

How to transfer assets from Ledger wallet to exchange

How to transfer assets from Ledger wallet to exchange

To transfer crypto assets from Ledger wallet to exchange you need the following Steps:

1. Confirm wallet address

In the Ledger Live app, select the asset you want to send and click "Send". Your Ledger wallet address will be displayed. Make sure to copy this address into the withdrawal field of the exchange.

2. Enter the amount

In Ledger Live, enter the amount of the asset you want to send. Check that the fees and totals are correct.

3. Verify Transaction

On your Ledger Live device, verify and confirm the transaction by pressing the side button. A confirmation screen will appear with transaction details.

4. Broadcast Transaction

In Ledger Live, click the "Broadcast" button to send the transaction to the blockchain network. This process may take several minutes.

5. Check transaction status

On the exchange website or block explorer, you can track the transaction status. It usually takes several block confirmations for the asset to be credited to your exchange account.

Note:

  • Make sure your Ledger device is connected securely during the transaction.
  • Check transaction details carefully as you enter to avoid mistakes.
  • Transaction fees vary depending on network congestion. Please check the exact fees before sending assets.
  • Transferring assets to an exchange requires a certain handling fee, and the specific amount varies by asset and exchange.

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