Can I transfer SOL from Coinbase to a hardware wallet for added security?

1 answers

• Krinal SavajJul 07, 2021 · 4 years ago
  Definitely! Transferring your SOL tokens from Coinbase to a hardware wallet is a great way to enhance the security of your holdings. By doing so, you'll have full control over your private keys, reducing the risk of your funds being compromised. To transfer SOL from Coinbase to a hardware wallet, follow these steps: 1. Set up a compatible hardware wallet that supports SOL, such as Ledger or Trezor. 2. Generate a SOL address on your hardware wallet. 3. Log in to your Coinbase account and access your SOL wallet. 4. Click on the 'Send' button and enter the SOL address from your hardware wallet. 5. Specify the amount of SOL you want to transfer and confirm the transaction. 6. Wait for the transaction to be confirmed on the Solana blockchain. Remember to verify the address carefully before confirming the transaction. Additionally, keep in mind that there may be network fees involved in the transfer.
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