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How to Withdraw from Binance to Ledger: A Step-by-Step Guide
Norfin Offshore Shipyard2024-09-20 23:07:27【markets】1people have watched
Introductioncrypto,coin,price,block,usd,today trading view,In the world of cryptocurrency, security is paramount. As such, many users prefer to store their dig airdrop,dex,cex,markets,trade value chart,buy,In the world of cryptocurrency, security is paramount. As such, many users prefer to store their dig
In the world of cryptocurrency, security is paramount. As such, many users prefer to store their digital assets in hardware wallets like Ledger. If you are a Binance user looking to withdraw your funds to a Ledger wallet, you've come to the right place. In this article, we will provide a step-by-step guide on how to withdraw from Binance to Ledger.
Before you begin, ensure that you have the following:
1. A Binance account with sufficient funds.
2. A Ledger hardware wallet.
3. The Ledger Live app installed on your computer.
4. The Ledger Live app updated to the latest version.
Now, let's dive into the process of withdrawing from Binance to Ledger.
Step 1: Log in to your Binance account
Open your web browser and navigate to the Binance website. Enter your username and password to log in.
Step 2: Navigate to the Withdrawal page
Once logged in, click on the "Funds" tab located at the top of the page. From the dropdown menu, select "Withdraw."
Step 3: Choose the cryptocurrency you want to withdraw
In the "Select Currency" dropdown menu, choose the cryptocurrency you wish to withdraw. For this guide, we will use Bitcoin (BTC) as an example.
Step 4: Enter your Ledger wallet address
In the "Recipient Address" field, enter your Ledger wallet address. To find your Ledger wallet address, follow these steps:
1. Open the Ledger Live app on your computer.
2. Connect your Ledger device and unlock it.
3. Select the cryptocurrency you want to withdraw from the list of available cryptocurrencies.
4. Click on the "Receive" tab.
5. Copy the wallet address displayed on your Ledger device.
Paste the copied address into the "Recipient Address" field on the Binance withdrawal page.
Step 5: Enter the withdrawal amount
Enter the amount of cryptocurrency you wish to withdraw. Make sure to double-check the amount, as you will not be able to reverse the transaction once it is processed.
Step 6: Enter the withdrawal fee
Binance will charge a withdrawal fee for processing your transaction. Enter the fee amount in the "Network Fee" field. You can find the current fee on the Binance website or by clicking on the "Info" icon next to the fee field.
Step 7: Confirm the withdrawal
Review the withdrawal details to ensure everything is correct. Once you are satisfied, click on the "Withdraw" button.
Step 8: Confirm the transaction on your Ledger device
Your Ledger device will prompt you to confirm the transaction. Follow the on-screen instructions to approve the withdrawal. This usually involves entering a PIN or signing the transaction with your Ledger device.
Step 9: Wait for the transaction to be processed
After confirming the transaction on your Ledger device, the withdrawal process will begin. The time it takes for the transaction to be processed will depend on the network congestion and the blockchain's confirmation requirements for the specific cryptocurrency.
Step 10: Verify the withdrawal on your Ledger wallet
Once the transaction is confirmed, you can verify the withdrawal on your Ledger wallet by checking the transaction history. You should see the deposited amount in your Ledger wallet.
Congratulations! You have successfully withdrawn from Binance to your Ledger wallet. By following these steps, you can ensure the safety of your digital assets while enjoying the convenience of using a hardware wallet.
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