...
Just speaking for myself, I like the Trezor Model T and the BitBox02 (BTC only version). I only buy BTC, no Alts.
For me the Trezor is slightly easier to use. The BitBox has coin control. Both allow secondary passwords, both seem reasonably sturdy. Both use apps on a PC. Both seem to be excellent hardware wallets.
I have also used the Ledger Model S (soon after it came out), but I liked it less than the Trezor and Bitbox.
Topic: Which hardware wallet to buy? - page 3. (Read 1391 times)
It got me thinking though, is the fee when you transfer onto ledger from an exchange always the same for a specific crypto or does the fee change depending on something?
Centralized exchanges mostly have fixed fees, and like SFR10 mentioned, they charge too much and fill their pockets with that money. Only a part of what you pay is actually used for the mining fees. Most of it is their profit. I remember that many CEXs used to charge 0.0005 BTC when withdrawing Bitcoin. Many probably still do it even today. That's almost $12 right now, but in reality even if you paid $1 in BTC, you would still overpay depending on the input/output count and types of addresses used. 
It got me thinking though, is the fee when you transfer onto ledger from an exchange always the same for a specific crypto or does the fee change depending on something?
Yes and No... Some of the exchanges have fixed withdrawal fees [they tend to overcharge] while others have dynamic fees [e.g. based on network fees and other stuff] in place, so it heavily depends on the platform as opposed to a certain type of HW/SW wallet [except for internal transfers on their respective platforms]. 
Gala will be fine as it is an ERC20 token.
I have just gone to transfer my Gala over to the ledger and it is showing a fee of 53 gala which is currently worth £2 so I suppose it is not bad.
It got me thinking though, is the fee when you transfer onto ledger from an exchange always the same for a specific crypto or does the fee change depending on something?
I have just gone to transfer my Gala over to the ledger and it is showing a fee of 53 gala which is currently worth £2 so I suppose it is not bad.
It got me thinking though, is the fee when you transfer onto ledger from an exchange always the same for a specific crypto or does the fee change depending on something?
I have 9,000 Gala - does anyone know if there is a way of transferring these onto my Ledger from Coinbase?
Despite having limited knowledge in regards to altcoins in general, I don't think the process is different from "sending any erc20 token from Coinbase" to other wallets [just copy your address from LL]! In case you're worried that it's not showing up on the list of supported coins, "here's a confirmation" from one of their staff and if you follow the instructions from "this page", you'll be able to see it on "another list". 
I have 9,000 Gala - does anyone know if there is a way of transferring these onto my Ledger from Coinbase?
I have little to no idea about altcoins, and as such neither know how to transfer them, nor do I know if 9,000 of this currency is worth a lot; but in general, this is a technical question for which the amount is totally irrelevant. I'd advise you to refrain from revealing how much of what currency (or anything else) you own, to improve your own OPSEC, as long as the amount isn't absolutely crucial for the question you're asking.This topic could also be of interest to you:
Why beginners should pay attention to their privacy
I have 9,000 Gala - does anyone know if there is a way of transferring these onto my Ledger from Coinbase?
I have half my crypto on my ledger now and will send over the rest tonight, it does give you and instant feel of relief knowing they are secure.
Technically speaking, all the cryptocurrencies you have are on the blockchain, your device only stores the private keys that give you control to send them from the current address to another address. Your digital assets are only as safe as you are in what you do, and only as safe as your backup. Therefore, don't feel too safe, always be alert because we never know from which corner some new danger is lurking.
but it has been ‘pending’ on Coinbase for nearly half an hour now.
This is to do with Coinbase, and has nothing to do with you. Their system will either be working through a backlog, performing some additional security checks before processing your withdrawal, or maybe waiting for a number of other users to request a withdrawal as well so it can batch them all together to save on fees. If this happens you usually just have to be patient and it will resolve. Occasionally the exchange will send you an email saying something is wrong and telling you what to do next.is this the right one? I can’t see any others.
I'm have no idea because I've never used this coin, but a quick search online did find this: https://medium.com/cronos-chain/cro-is-now-cronos-bf103c257bdThanks - I will send over a small amount of CRO later to test it but it sounds like it is the correct one.
I have half my crypto on my ledger now and will send over the rest tonight, it does give you and instant feel of relief knowing they are secure.
but it has been ‘pending’ on Coinbase for nearly half an hour now.
This is to do with Coinbase, and has nothing to do with you. Their system will either be working through a backlog, performing some additional security checks before processing your withdrawal, or maybe waiting for a number of other users to request a withdrawal as well so it can batch them all together to save on fees. If this happens you usually just have to be patient and it will resolve. Occasionally the exchange will send you an email saying something is wrong and telling you what to do next.is this the right one? I can’t see any others.
I'm have no idea because I've never used this coin, but a quick search online did find this: https://medium.com/cronos-chain/cro-is-now-cronos-bf103c257bdI have so far transferred my Polygon, Algorand & Quant over however have just test my LCX but it has been ‘pending’ on Coinbase for nearly half an hour now.
First time this has happened with the others going through straight away, do some others take longer then others or is there a problem? I have double checked the address and it is correct so not sure what is causing this delay.
First time this has happened with the others going through straight away, do some others take longer then others or is there a problem? I have double checked the address and it is correct so not sure what is causing this delay.
Ignore this is has all gone through, only 1% fee too which is not bad at all
Another question, I have 8,000 CRO I want to transfer over to my ledger but when searching the account on ledger live it says ‘Crypto.org’ - is this the right one? I can’t see any others.
I have so far transferred my Polygon, Algorand & Quant over however have just test my LCX but it has been ‘pending’ on Coinbase for nearly half an hour now.
First time this has happened with the others going through straight away, do some others take longer then others or is there a problem? I have double checked the address and it is correct so not sure what is causing this delay.
First time this has happened with the others going through straight away, do some others take longer then others or is there a problem? I have double checked the address and it is correct so not sure what is causing this delay.
Is it only tokens involved with Ethereum that come with high fees?
It depends. In your case, since you are withdrawing coins from a centralized exchange, then the fee will be whatever the exchange charges as opposed to whatever the appropriate fee for the network is at the time. Each exchange should have a page somewhere on their site which details their withdrawal fees.So when sending over a small amount when I am unsure , if it shows in ledger live then all is ok?
If it doesn’t work or is not valid then it just wouldnt show?
Yes and yes. If you try to send to a completely invalid address, then your transaction won't go through. If you send to a valid address but on the wrong chain (for example sending an Ethereum token to some other chain or vice versa), then the transaction could go through but it will not show up on Ledger Live and it would be unlikely that you would be able to recover your coins. If the Quant shows up in your Ethereum account on Ledger Live, then it has worked. If it doesn’t work or is not valid then it just wouldnt show?
Is Quant classed as an Ethereum token? If so, should be fine sending to Ethereum account?
Yes and yes. "ERC20" tokens are Ethereum tokens. It stands for Ethereum Request for Comment 20. If you are unsure, then send across some small fraction of one Quant (whatever is possible when considering any withdrawal fees), make sure it arrives and shows up correctly on Ledger Live, and then send across the rest.
So when sending over a small amount when I am unsure , if it shows in ledger live then all is ok?
If it doesn’t work or is not valid then it just wouldnt show?
I have just sent my first crypto over to my ledger from Coinbase which was Algorand.
The fee was only 0.002 Algo which is nothing so pleasantly surprised by that! It took less than 30 seconds for the crypto to show on ledger live so am impressed with that.
Is it only tokens involved with Ethereum that come with high fees?
The fee was only 0.002 Algo which is nothing so pleasantly surprised by that! It took less than 30 seconds for the crypto to show on ledger live so am impressed with that.
Is it only tokens involved with Ethereum that come with high fees?
Is Quant classed as an Ethereum token? If so, should be fine sending to Ethereum account?
Yes and yes. "ERC20" tokens are Ethereum tokens. It stands for Ethereum Request for Comment 20, named after the type of proposal it was along with the Ethereum Improvement Proposal (EIP) number is was assigned, 20. If you are interested, you can see the original document which created the ERC20 standard on the Ethereum Github here: https://github.com/ethereum/EIPs/blob/master/EIPS/eip-20.mdIf you are unsure, then send across some small fraction of one Quant (whatever is possible when considering any withdrawal fees), make sure it arrives and shows up correctly on Ledger Live, and then send across the rest.
‘Please only send ETH or Ethererum tokens to Ethereum accounts. Sending other crypto assets may result in the permanent loss of funds.’
So I am not sure , at first it sounds like I can send Quant to Ethereum account but then the second statement makes it sound like only ETH can be sent to ethereum account.
When you search for Quant on "this page" and hover over the "More details" text, the link at the bottom left corner shows "erc20"!So I am not sure , at first it sounds like I can send Quant to Ethereum account but then the second statement makes it sound like only ETH can be sent to ethereum account.
- The following link might come in handy: MANAGE ERC20 TOKENS
Is Quant classed as an Ethereum token?
Here you go!and these 12 Quant I have will be worth thousands in the future
I wouldn't be so sure about that!
Hi,
So am just setting up my nano S plus and currently adding accounts.
For example I have 12 Quant, and when trying to add account it says ‘Quant is an ERC20 token. You can receive tokens directly on an Ethererum account.’
I then click ‘receive’ but then it comes up with the following ..
‘Please only send ETH or Ethererum tokens to Ethereum accounts. Sending other crypto assets may result in the permanent loss of funds.’
So I am not sure , at first it sounds like I can send Quant to Ethereum account but then the second statement makes it sound like only ETH can be sent to ethereum account.
Is Quant classed as an Ethereum token? If so, should be fine sending to Ethereum account?
Being new to this I just want to make sure I do things right and these 12 Quant I have will be worth thousands in the future so don’t want to mess anything up!
So am just setting up my nano S plus and currently adding accounts.
For example I have 12 Quant, and when trying to add account it says ‘Quant is an ERC20 token. You can receive tokens directly on an Ethererum account.’
I then click ‘receive’ but then it comes up with the following ..
‘Please only send ETH or Ethererum tokens to Ethereum accounts. Sending other crypto assets may result in the permanent loss of funds.’
So I am not sure , at first it sounds like I can send Quant to Ethereum account but then the second statement makes it sound like only ETH can be sent to ethereum account.
Is Quant classed as an Ethereum token? If so, should be fine sending to Ethereum account?
Being new to this I just want to make sure I do things right and these 12 Quant I have will be worth thousands in the future so don’t want to mess anything up!
Do i need to download a different app for each crypto I hold?
Each coin will need its own app (or app of the parent blockchain in the case of tokens) to be installed on the Nano itself. In terms of the software on your computer, then the vast majority of coins will be compatible with Ledger Live. There are a few exceptions (such as Monero) which are not compatible with Ledger Live and you will instead have to download a difference piece of software, and there are also alternatives for many coins (such as Electrum for Bitcoin) if you want to access more advanced features which are not present in Ledger Live.If you type each coin in to this website, it will tell you which software you can use on your computer under the heading "Supported wallets".
When you connect up your Nano and sync it with Ledger Live, Leger Live will take care of installing all the necessary apps on the device itself. You'll just need to pick and choose which coins you want.
Hi all,
My nano s plus arrived yesterday so will be setting it up after work later today.
This may be an obvious question but again I am new to all this so want to make sure I do everything correctly..
Do i need to download a different app for each crypto I hold?
My nano s plus arrived yesterday so will be setting it up after work later today.
This may be an obvious question but again I am new to all this so want to make sure I do everything correctly..
Do i need to download a different app for each crypto I hold?
Jump to: