I'm thinking about getting a Nano Ledger s. At this time all my coins are in Coinbase or Binance and I don't have wallets for them. Do I need to create wallets for each of my coins first then transfer to Ledger nano or can I just transfer straight from Exchanges to Ledger Nano.
Ledger Nano is nothing different its just a separate wallet in itself which has its seed stored in physical drive. It has a wallet address of its own so you can directly send your bitcoins from Binance or coinbase or any other address and send it from ledger nano in the same way too.