How do I send cryptocurrencies using my Ledger Nano S? Brian Colombana

Date:

MyEtherWallet.com does not handle any private keys or cryptocurrencies. We are just a tool to view your balance and transactions associated with your Ethereum address. To send tokens, you will need to use MyEtherWallet or MyCrypto’s offline transactions feature or connect to another wallet via our Chrome Plugin. More about the Ledger Nano S is below… You must read about cointree.com because its one of the best online resource sites.

Why do I need an external device? How can it be safe if it’s connected online? Why is 0x listed twice in this FAQ? Let us know how we can make this section better on [email protected] 

Ledger Nano S is a secure hardware wallet for storing cryptographic assets and securing digital payments like Bitcoin, Ethereum, Litecoin, etc. This FAQ will show you how to use Nano S with MyEtherWallet.

Please note: We cannot recover your private key or password, ensure that you safely back up your 24-word recovery phrase and store it in a safe & secure place.

MyEtherWallet is compatible with any Ledger Nano S device version 1.3.1 and higher (Ledger Live App required). Make sure that you have the latest version of Chrome / Firefox / Opera / Edge and make sure your Ledger Nano S is updated as well says Brian Colombana.

You can buy one directly from ledgerwallet.com, get the Ledger Live app here, and get support at their official helpdesk or Reddit community. You can also watch this video for reference.

1) Make sure you have the latest version of Chrome / Firefox (v55+), Opera, or Edge browser and make sure your Ledger Nano S is updated to the latest firmware (v1.3+) 

2) Open a new tab in your browser and navigate to MyEtherWallet’s official URL. You can bookmark it as well to easily access it in the future if needed

If you already have an account, you can unlock it by going to the “Send Ether & Tokens” tab and selecting your Ledger Nano S or Blue from the top-right dropdown menu.

If it is your first time visiting MyEtherWallet, select a strong password (12 words)

3) Select your wallet file / private key or JSON file from your computer

4) Make sure you have access to your 24-word recovery phrase. This is necessary in case you ever lose or upgrade your hardware wallet device! If not, you will need to install a new wallet and backup the old one again.

5) Press the “Connect to Ledger Wallet” button and you will be presented with a dropdown menu

6) Select “Ledger Wallet”

7) You are now prompted to enter your 6-digit PIN. Make sure your PIN is correct, press the right button on your Ledger device or use your other hand if you have two devices plugged in at the same time! If the wrong button is pressed, it may become impossible for you to access your funds until you manually unlock them again via MyEtherWallet.com

8) Now, make sure that the address shown on the screen of your Ledger Nano S matches with our website’s address (our address starts with 0x Note: This does not apply when depositing ETH to our wallet. Always make sure that the address shown on your hardware wallet matches with the one you are sending funds to)

9) You can now send tokens! Type in the amount of ETH or tokens that you want to send and press “Generate Transaction”. Then, it is important that you either enter your PIN code again (if 2FA enabled), select your Ledger Nano S account (1 through 4; look at the icon below each option), or sign the transaction from other wallets/devices connected. In this case, we recommend using MyEtherWallet.com 

10) If not signed yet, a popup window will appear asking you to confirm the transaction by pressing two buttons simultaneously on your device: Confirm Transaction (Right button) and Confirm (Left Button).

READ ALSO: canvas tcisd

11) Your transaction is now broadcast to the network! Make sure you double-check the address that you are sending your funds. If it matches our official website, congratulations! You have successfully managed to send Ether or Tokens using your Ledger Nano S hardware wallet. Note: The time it takes for a transaction to be confirmed varies from token to token but usually within 1 hour.

Conclusion by Brian Colombana:

You have now successfully managed to send Ether or Tokens using the official MyEtherWallet with our without two-factor authentication. We highly recommend you enable 2FA for better safety!

Michael Cainehttps://amirarticles.com/
Michael Caine is the Owner of Amir Articles and also the founder of ANO Digital (Most Powerful Online Content Creator Company), from the USA, studied MBA in 2012, love to play games and write content in different categories.

Share post:

Popular

More from Same Author
Related

How to Increase Your Home Security?

Considering that there are over 2.5 million home break-ins...

Your Quest For Personal Growth: How a Healthy Environment and an Updated Resume Can Help

Before beginning your own quest for personal growth, it...

How to personalize your wood pin badges

Wooden pin badges are a great way to express...

Unlock Your Full Potential With The Advantages of Using a Mechanical Keyboard

Are you curious how a seemingly small change in...