how to send bnb to ledger nano x

To transfer BNB from Binance to your Ledger Nano X, install the Binance Coin App on your device, generate a BEP2 address, and initiate the withdrawal process with confirmation on both the exchange and your Ledger.

Nov 15, 2024 at 11:31 pm

How to Send BNB to Ledger Nano X: A Comprehensive Guide** in 2023

Step 1: Set Up Your Ledger Nano X Device

Prerequisites:

• Ledger Nano X device
• Updated Ledger Live app
• BNB BEP2 (Binance Chain) address

Instructions:

1. Connect your Ledger Nano X: Attach your device to your computer via USB cable and enter your PIN code.
2. Install the BNB app: Open Ledger Live and search for "Binance Coin App." Click "Install" to add the app to your device.
3. Open the BNB app: Navigate to the "My Apps" section on your Ledger Nano X and select the "Binance Coin" app.

Step 2: Create a Binance Chain (BEP2) Address

Instructions:

1. Confirm your device: Verify that the correct device name and icon appear on your Ledger Nano X screen.
2. Open the BNB app: Navigate to the "Binance Coin" app on your device.
3. Select "Receive": Choose the "Receive" option to display your BNB BEP2 address.
4. Write down the address: Record the displayed address for future reference. Alternatively, you can scan the QR code using your mobile device's camera.

Step 3: Transfer BNB from Binance to Ledger Nano X

Prerequisites:

• BNB stored on Binance exchange account
• BNB BEP2 withdrawal enabled on Binance

Instructions:

1. Log into Binance: Visit the Binance website or open the mobile app and log into your account.
2. Navigate to Withdraw: Select "Wallet" and then choose "Withdraw."
3. Select BNB and BEP2 network: Choose "BNB" as the coin and "BNB BEP2" as the network.
4. Enter the Ledger BNB address: Paste the BNB BEP2 address you created in Step 2 into the "Address" field.
5. Enter the withdrawal amount: Specify the amount of BNB you want to send to your Ledger Nano X.
6. Confirm the transaction: Review the withdrawal details carefully and then click "Withdraw."
7. Approve the withdrawal on your Ledger: You will be prompted to confirm the withdrawal on your Ledger Nano X device. Verify the details and press the "Confirm" button on your device.

Step 4: Verify the Transaction on Your Ledger Nano X

Instructions:

1. Navigate to the BNB app: Go to the "Binance Coin" app on your Ledger Nano X.
2. Select "Transactions": Choose the "Transactions" option to view the list of recent transactions.
3. Locate the deposit: Identify the incoming BNB transaction based on the amount and time.

Additional Notes:

• Ensure that you send BNB using the BEP2 network. Sending BNB on a different network may result in the loss of funds.
• Double-check the BNB address before initiating the transaction. Sending BNB to an incorrect address may lead to permanent loss.
• Ledger Nano X supports multiple cryptocurrencies, including BNB, Bitcoin, Ethereum, and others. Follow similar steps to send other supported cryptocurrencies to your device.