What's new in Coinbase & Ledger?

For Charles Hamel, VP Product at Ledger, “this new feature gives Coinbase users a world-leading security option and peace of mind when holding their crypto and NFTs.” Ledger enables you to manage your digital assets from within the security of your Nano hardware wallet and with your digital assets hack-proof.

How do I transfer funds from Coinbase to Ledger Nano s?

If you have set up the Ledger Nano S device and created an account on Ledger Live, transferring funds from Coinbase to Ledger Nano S takes a few simple steps: 1. Plug in your Ledger 2. Open the Ledger Live application and input your password 3. Select “Receive” on the left hand side menu 4. Choose an Account

What is Coinbase wallet integration?

The integration will be rolled out in phases in the first quarter of 2022. The partnership will start off with the Coinbase Wallet browser extension, which will connect to Ledger wallets. In the later part of the integration, the Coinbase mobile app will also connect to the hardware wallets.

How does Coinbase work?

Controls users’ private keys: Coinbase holds your private keys (the crypto equivalent of a password), meaning it has full access to your crypto without your permission. Such access can trigger an FTX-like event, where the exchange dips into users’ funds.