Dec 05, · PIN Code. The Ledger Nano S also requires the user to create a PIN code on setup.. The PIN code helps prevent the loss of bitcoins in case you lose your device. A stranger would not be able to send bitcoins from your Nano S because he/she would not know your 4 digit pin code/5. Sep 06, · Step 1: Launch the Ledger live app, connect your Ledger wallet to your computer and open Bitcoin app on it. If you have never done this before, watch this video to understand. Step #2. Plugin your Ledger Nano to your device (PC/mobile) and unlock it using your PIN code. Apr 05, · How to Transfer Bitcoin to a Ledger Nano S. Step 0. First things first, connect your Ledger to your computer with the USB cable and enter your pin code. Step 1. Open the Ledger Wallet Bitcoin app on your computer. It will most likely show a message to connect and unlock your Ledger .
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You will see a screen like this:. Step 5: Click on continue and within seconds it will sync your wallet with Blockchain. It will check if you have previously created any account or not.
Just so you know, you can have multiple Bitcoin accounts using one Ledger device. You can also rename the account to give it a meaningful name. Step 6: The above step will add a Bitcoin account to your Ledger live app. Now, click on accounts, and select the account that you just created. Step 7: Click on receive and this will show you your Bitcoin receiving address. Now, this is the address on which you need to transfer the Bitcoin from anywhere else to your Ledger Bitcoin wallet.
Step 8. If you look closely, there is a note that says: only receive funds on this address if it matches the one displayed on your device. For this, please verify if the address is shown in your Ledger app and the address shown on your actual hardware device is the same.
Once both are verified and matched you are good to go ahead. Step 9. Once addresses are matched it means the address shown is safe to receive BTC. Step Now you can scan the QR code in step 8. Now once you have scanned the QR code or put the copied address and just hit send from your wallet.
And now wait for the transaction to reflect on Blockchain explorer. Step 1. Launch the Ledger Wallet Bitcoin application on your desktop. You will be prompted to select Bitcoin or Bitcoin cash. In this case, I am selecting segwit because I have my coins on segwit as using segwit has many benefits that you can read here. Step 6. In the pop-up, choose which account you want to receive your Bitcoin to you probably only have one option. Step 7. Make sure that the address on the pop-up matches the address that your Ledger is showing.
Some users have reported malware in which a hacker will spoof your address replacing it with their address instead. Step 8. If both addresses match, you know the address is safe to receive funds. Step That covers the basics on how to send Bitcoin to your Ledger Nano S. Check out our other Ledger Nano S guides to learn more about the wallet:. Ledger Nano S Setup Guide. On July 29, , Ledger sent out an email to all previous customers that began,.
Our ecommerce and marketing database leaked. We immediately fixed the breach. Contact and order details were involved. Your funds are safe. You can read the full report here. To be clear, this breach did not affect any customer funds held on Ledger devices. For the most part, emails and addresses were leaked, and for some customers, what they had ordered in the past was also leaked.
Some users have done this and lost money. Since they were new to cryptocurrency it did not mean anything to them when the secondhand Ledger device showed up already initialized! The thief sets up a Ledger Nano S and delivers it on eBay. Buyer sends money to the device, but the thief has the backup code. Once money is sent, thief sweeps funds using the backup, leaving the buyer with nothing.
One confusing thing for users of the Ledger Nano S is whether to use Bitcoin with legacy addresses or segwit addresses. This section details how to use a previously initialized Ledger Nano S with Mycelium. Your Nano S must be setup before use with Mycelium. First, make sure you have the latest version of Mycelium installed on your Android device. If you already have Mycelium installed then skip this step.
Click the key on the top right to add a new account. In this case there were no used accounts. If the Nano S had accounts, you would simply select the account you want to add Mycelium.
Even if the Nano S is removed after use, the wallet and its addresses will still be viewable in watch-only mode. This way you can still view your balance, generate new addresses, and receive payments. If your Ledger has been lost or stolen, your funds can still be accessed by importing the recovery seed into Mycelium for Android.
A fresh install of Mycelium is required. If you already have Mycelium installed, backup your wallet and reinstall the application. Select Restore Backup. Note that the private keys from your Ledger Nano S seed are now stored in Mycelium. Your funds should immediately be moved to cold storage. The old Ledger seed is now insecure and should not be reused.
Your Nano S must be setup before use with GreenBits. Again, accounts from the Ledger Chrome wallet cannot be used with GreenBits.
First, make sure you have the latest version of GreenBits installed on your Android device. Plugin your Nano via OTG cable and you will receive a pop-up message.