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Is it possible to move Bitcoin from Binance to a Ledger wallet and how?

avatarLavanya SDec 17, 2021 · 3 years ago3 answers

I would like to know if it is possible to transfer Bitcoin from my Binance account to a Ledger wallet. If so, what are the steps involved in the process?

Is it possible to move Bitcoin from Binance to a Ledger wallet and how?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, it is possible to move Bitcoin from Binance to a Ledger wallet. Here are the steps you need to follow: 1. Open your Ledger wallet and connect it to your computer. 2. Go to the Binance website and log in to your account. 3. Navigate to the 'Funds' section and click on 'Withdraw'. 4. Select 'Bitcoin' as the cryptocurrency you want to withdraw. 5. Enter your Ledger wallet address in the 'Recipient Address' field. 6. Specify the amount of Bitcoin you want to transfer. 7. Double-check all the details and click on 'Submit'. 8. Binance will send a confirmation email to your registered email address. Follow the instructions in the email to confirm the withdrawal. 9. Once the withdrawal is confirmed, your Bitcoin will be transferred from Binance to your Ledger wallet. Please note that there may be network fees associated with the transfer, and it's important to ensure that you enter the correct wallet address to avoid any loss of funds.
  • avatarDec 17, 2021 · 3 years ago
    Absolutely! You can easily transfer your Bitcoin from Binance to a Ledger wallet. Just follow these simple steps: 1. Make sure you have your Ledger wallet set up and ready to use. 2. Log in to your Binance account and go to the 'Withdraw' section. 3. Select 'Bitcoin' as the cryptocurrency you want to withdraw. 4. Enter your Ledger wallet address as the recipient address. 5. Specify the amount of Bitcoin you want to transfer. 6. Double-check all the details and click on 'Withdraw'. 7. Binance will send a confirmation email to verify the withdrawal. 8. Once you confirm the withdrawal, your Bitcoin will be sent to your Ledger wallet. It's important to note that the transfer may take some time to process, depending on network congestion. Additionally, make sure to keep your Ledger wallet secure and backup your recovery phrase in a safe place.
  • avatarDec 17, 2021 · 3 years ago
    Yes, it is possible to move Bitcoin from your Binance account to a Ledger wallet. Here's how you can do it: 1. Log in to your Binance account and go to the 'Withdraw' section. 2. Select 'Bitcoin' as the cryptocurrency you want to withdraw. 3. Enter your Ledger wallet address as the recipient address. 4. Specify the amount of Bitcoin you want to transfer. 5. Review the details and click on 'Withdraw'. 6. Binance will send a confirmation email to verify the withdrawal. 7. Once you confirm the withdrawal, your Bitcoin will be transferred to your Ledger wallet. Please note that the transfer may take some time to complete, depending on network congestion. Also, ensure that you have enough funds in your Binance account to cover the withdrawal amount and any associated fees.