How to receive bitcoins to your Ledger Nano S wallet from another wallet or exchange.
Note that your coins are not on the Ledger itself, they are tracked on the Blockchain. Your Ledger wallet holds the private data to access and manage your coins. This data, your private keys, give you full access to the coins.
When you want to receive coins you have to provide your address to the payer. Your Ledger device doesn’t need to be connected as the transaction is made on the blockchain!
Next time you connect your wallet it will synchronize to the blokchain and will display your balance
First, launch your Bitcoin Chrome application on your computer.
Connect your Ledger device to the computer using the USB cable.
Enter your PIN code.
Launch the Bitcoin wallet buy clicking on the Bitcoin icon on your Ledger Nano S.
On the the chrome app startup window choose “Bitcoin”.
On this screen choose “I DONT KNOW” if you are not sure..
Copy the “Bitcoin address” which is displayed.
*** Note that your Ledger generates a new address each time you want to receive a payment. That’s the HD support – Hierarchical Deterministic). You can use each address several times or just once ***
Paste the address you copied in the Bitcoin wallet from where you need to send coins to your Ledger wallet.
When receiving payments your Ledger device can be disconnected and you can track your transactions on the Blockchain.
User guides and troubleshooting for Ledger Nano S:
*** We recommend NEVER buy a Ledger Nano S or any other hardware wallet from eBay or a private person – only from the official store here ***
Trezor or Ledger. Click here to read our Guide to Bitcoin and Altcoins wallets 2019.