How to Transfer Ethereum from Ledger & Trezor to Exchanges (Coinbase, Binance, Kraken)

Introduction

Transferring cryptocurrencies from exchanges to hardware wallets like Ledger or Trezor is a common practice for security-conscious traders. However, moving assets back to exchanges—for trading or liquidity—requires a different approach. This guide details step-by-step instructions for transferring Ethereum (ETH) from Ledger and Trezor wallets to top exchanges (Coinbase, Binance, and Kraken), ensuring seamless transactions with optimal security.

👉 Secure your crypto with Ledger

Transferring Ethereum from Ledger to Coinbase

Steps:

1. Connect Ledger: Plug your Ledger device into a computer and enter your PIN.
2. Open Ledger Live: Navigate to the Ethereum app on your Ledger interface.

3. Generate Coinbase Address:

   • Log in to Coinbase, go to Portfolio > ETH > Deposit.
   • Copy the generated ETH address.

4. Initiate Transfer:

   • In Ledger Live, select Send and paste the Coinbase address.
   • Enter the ETH amount and review transaction fees.
5. Confirm on Device: Verify the address and amount on your Ledger screen, then approve the transaction.

Pro Tip: Double-check the address to avoid errors.

Transferring Ethereum from Ledger to Binance

Steps:

1. Access Binance: Log in, navigate to Wallet > ETH > Deposit.
2. Copy Deposit Address: Binance will provide a unique ETH address.

3. Ledger Live Action:

   • In Ledger Live, select Send, paste the Binance address, and specify the ETH amount.
4. Device Confirmation: Confirm details on your Ledger hardware screen.

👉 Trade ETH on Binance

Transferring Ethereum from Ledger to Kraken

Steps:

1. Kraken Prep: Log in, select Funding > ETH > Deposit.
2. Copy Address: Save Kraken’s ETH deposit address.

3. Ledger Live Transfer:

   • Paste the address in Ledger Live, enter the amount, and set fees.
4. Finalize: Confirm the transaction on your Ledger device.

Transferring Ethereum from Trezor to Coinbase

Steps:

1. Visit Trezor Suite: Connect your Trezor and unlock it.
2. Select ETH: Choose Send and input Coinbase’s ETH deposit address.
3. Review & Send: Set fees, confirm details on the Trezor screen, and execute.

Transferring Ethereum from Trezor to Binance/Kraken

Follow the same workflow as above, replacing the exchange-specific deposit addresses for Binance or Kraken.

FAQs

1. How long do ETH transfers take?

• Typically 1–5 minutes, depending on network congestion and gas fees.

2. Are there transfer fees?

• Yes. Fees vary by exchange and network conditions. Ledger/Trezor will display estimated costs before confirmation.

3. What if I send ETH to the wrong address?

• Crypto transactions are irreversible. Always verify addresses before sending.

4. Can I transfer other cryptos (e.g., BTC) using this method?

• Yes! The process is similar for other supported assets.

Key Takeaways

• Security First: Always confirm addresses on your hardware wallet screen.
• Exchange Compatibility: Steps are similar across Coinbase, Binance, and Kraken.
• Practice Caution: Start with a small test transfer if you’re new.

👉 Explore Trezor wallets