Main menu

Pages

 

Converting Bitcoin to Ledger - How?


If you just learned about hardware wallets, you might be wondering how to get started adding your coins so that they are protected in cold storage. If this is the case, or you just want to start adding any coin, not just Bitcoin, then this is something you need to read.

Today, we'll go through the solution step-by-step so you can follow and secure your cryptocurrencies with your Ledger device.


Steps to secure your Bitcoin with the Ledger Nano S.

Step 1:  Launch the Ledger Live app, and connect the Ledger wallet to your computer.

Step 2:  Connect the Ledger Nano S to your computer, and unlock it with your security PIN code.

Remember:  Do not share this PIN with anyone as it may put the integrity of your cryptocurrencies at risk.

Step 3:  Once your Ledger device is connected, open Ledger Live, click on Accounts, click on Add account and select Bitcoin from your Crypto asset, then click Continue.

Converting Bitcoin to Ledger - How?

Step 4:  On the next screen, Ledger Live will check if your device is connected or not. You will see a screen like this:

Converting Bitcoin to Ledger - How?

Step 5:  Click "Continue" and in a matter of seconds, your wallet will be synced to the blockchain. This will add your Bitcoin account to your Ledger Live app.

Step 6: To  send Bitcoins to this account, click on Bitcoin account, then the "Receive" button to get the receiving address. 

Converting Bitcoin to Ledger - How?

Step 7:  Click "Continue". This will display the receipt address that you need to copy and then confirm on your Ledger device.

Converting Bitcoin to Ledger - How?

Step 8:  Once you confirm that the address matches, approve it on the Ledger device. Use this address to send bitcoins to your ledger wallet. This yet.

Conclusion

There's no point in owning a Ledger if you're not sure how to add encryption there, but with this guide, you're now ready to get the most out of your Ledger.


read also : 

Paypal adds the option to buy with Bitcoin, Ethereum and Litecoin


reactions

Comments