Re: Ledger Nano S. and Wallets question.

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.

What are these specific coins you have on binance? Since coinbase supports only few coins, 4 to be specific. I'll take a guess that you want to hold these coins for good?

Quote from: MonkeyBrain on January 24, 2018, 04:49:04 PM

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.

You can send it straight directly from exchange->nano ledger s but make sure that nano ledger s supports those coins you'll send, read Bardsley given link.

As a warning, don't order your nano ledger s on ebay. Order through their main website www.ledgerwallet.com so that you can avoid the same incident https://cointelegraph.com/news/life-savings-stolen-from-second-hand-ledger-hardware-wallet scammers are truly everywhere.

I have the four coins from coinbase and 10 from Binance for a total of 14 coins. It looks like Ledger Nano will only be able to store 7 of the 14. I guess keeping 7 coins safe is better than leaving it all on the exchange. I just didn't want to manage so many wallets. I was hoping for a 1 stop shop thing. I feel like I have 14 world currencies and have to open 14 bank accounts in 14 countries to transfer money between them. I just need 1 international universal bank to take care of all this Tongue

Keeping for good all of those coins that can't be handle by nano ledger s with their respective downloadable wallets is better than storing it on an exchange. Today, we can't have that 1 stop thing or 1 hardware wallet that will cater all cryptocurrencies but if most of those tokens you got are ERC20 tokens that can't be a problem for nano ledger s. But soon, there might be some developers and manufacturers that will make that desirable one stop shop hardware wallet for all.

That is all the coins I got from the bounty of the companies ( if they have a standard ERC20 ), I can safely send to your Ledger Nano s ? Just I already ordered and want to totally abandon the MEW.