Is it possible to transfer BCH from Coinbase to a Ledger Nano without using a third-party wallet?
dennis wangMay 02, 2022 · 3 years ago1 answers
I am wondering if it is feasible to transfer Bitcoin Cash (BCH) from Coinbase to a Ledger Nano hardware wallet without the need for a third-party wallet. Is there a direct method to securely move my BCH from Coinbase to my Ledger Nano device?
1 answers
- May 02, 2022 · 3 years agoYes, it is indeed possible to transfer BCH from Coinbase to a Ledger Nano without using a third-party wallet. Coinbase allows you to send BCH directly to your Ledger Nano device by entering the device's BCH receiving address. This ensures that your BCH is securely stored on your hardware wallet without the need for an intermediary wallet. Simply follow the steps provided by Coinbase to initiate the transfer and enjoy the added security and control of storing your BCH on a Ledger Nano.
Related Tags
Hot Questions
- 95
How can I protect my digital assets from hackers?
- 89
What are the tax implications of using cryptocurrency?
- 84
How can I minimize my tax liability when dealing with cryptocurrencies?
- 81
How does cryptocurrency affect my tax return?
- 51
What are the best digital currencies to invest in right now?
- 47
How can I buy Bitcoin with a credit card?
- 29
What are the best practices for reporting cryptocurrency on my taxes?
- 13
Are there any special tax rules for crypto investors?