How to Receive and Send Funds on Ledger Nano S Hardware Wallet?

محفظة ليدجر نانو اس is one of the most secured cold wallets available in the market. Moreover, if you are looking for a budget-friendly and safe hardware wallet, Ledger Nano S is undoubtedly your thing.

It is convenient to use. Moreover, it has extra layers of security. It is made up of durable materials to avoid physical damage too.

Ledger Company is well-known for its reliable and high-quality Hardware Wallets.

Besides, if you ever misplace or lose your محفظة ليدجر, you can recover your Crypto assets using a 24-word recovery phrase provided to you while setting up your cold wallet.

Scrolling down are the steps to receive and send Cryptocurrencies on your محفظة ليدجر نانو اس.

• Receiving Funds

Before starting, you have to make sure that you download the Ledger Manager. After downloading it, follow the instructions given below.

1. Download the app for your Cryptocurrency. For instance, if you want to receive Bitcoins, download the Bitcoin app.
2. After launching the Bitcoin app, insert your محفظة ليدجر into your device.
3. Enter your PIN.
4. Then you will have to choose between a Legacy Wallet and a Segwit Wallet. The Segwit is a more user-friendly option.
5. After that, press ‘Receive,’ this will be visible at the top of the application.
6. Click Display Address on your device.
7. Now, your unique address will be displayed.
8. Copy that address and share it with the person who will transfer you the Crypto coins.

Make sure to share the accurate address, or else you might end up losing your digital funds.

By following these simple steps, you will quickly receive Cryptocurrencies in your محفظة ليدجر نانو اس. 

• Sending Funds

Now, let’s learn how to send Crypto assets using a محفظة ليدجر نانو اس. Once you have installed the app for your preferred Cryptocurrencies, follow the steps mentioned below.

1. Open your Cryptocurrency application.
2. Insert your محفظة ليدجر into your device and enter the PIN.
3. Press ‘Send’ visible at the top of the application.
4. Enter the address of the wallet that you want to send the funds to.
5. Enter the amount you want to send.
6. Moreover, you also get to select the amount of transaction fee.

(Remember, the lower the transaction fee, the more time it will take to carry out. If the transaction is urgent, choose the higher fee but if the transaction is not urgent, you can choose to pay a lower amount of transaction fee.)

1. Press the green-colored ‘Send’ button and complete your transaction.

Sending digital assets using a محفظة ليدجر نانو اس is very easy.

Key Take-Away

All in all, when you follow these steps, you can easily send or receive Crypto assets on your محفظة ليدجر نانو اس. Make sure to execute each step carefully to avoid any issues. محفظة ليدجر نانو اس lets you to effortlessly send or receive Cryptocurrencies while maintaining the confidentiality too.

Thank you for reading!