11-22-2022, 12:04 AM
Got my coins onto a Ledger from a CEX, and I feel a great sense of relief
<!-- SC_OFF --><div class="md"><p>I've been in the crypto space for about a year now, and for almost the entire time, I've kept my coins on CDC where I bought them. Things were good during ATH and I felt comfortable having my coins there. Of course, with all the recent collapses and implosions, I took more time to learn about how CEXs work and hearing the horror stories about withdrawals being suspended. I got <del>nervous</del> smart and joined the wave of people buying a cold wallet. I went with Ledger.</p> <p>My Ledger came in the afternoon while I was out, and as soon as I got home, I opened it up and got myself onto Ledger Live, and transferred each of my bags one by one (doing test transactions first to make sure I did it right, of course). It was easy, it was fast, and it was inexpensive, especially when compared with the possibility of not being able to access my funds at all. It truly is a sense of relief knowing that you are in total control of your assets!</p> <p>Now, some questions for those who use Ledger. Does anyone take advantage of staking any coins through Ledger Live, and if so, how confident are you in staking there? And does anyone buy crypto through Ledger Live, and if so, what does that look like with fees and whatnot? Or is it better to continue buying through the CEX and transferring to Ledger?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/spuds151"> /u/spuds151 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/z0nn5w/got_my_coins_onto_a_ledger_from_a_cex_and_i_feel/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/z0nn5w/got_my_coins_onto_a_ledger_from_a_cex_and_i_feel/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>I've been in the crypto space for about a year now, and for almost the entire time, I've kept my coins on CDC where I bought them. Things were good during ATH and I felt comfortable having my coins there. Of course, with all the recent collapses and implosions, I took more time to learn about how CEXs work and hearing the horror stories about withdrawals being suspended. I got <del>nervous</del> smart and joined the wave of people buying a cold wallet. I went with Ledger.</p> <p>My Ledger came in the afternoon while I was out, and as soon as I got home, I opened it up and got myself onto Ledger Live, and transferred each of my bags one by one (doing test transactions first to make sure I did it right, of course). It was easy, it was fast, and it was inexpensive, especially when compared with the possibility of not being able to access my funds at all. It truly is a sense of relief knowing that you are in total control of your assets!</p> <p>Now, some questions for those who use Ledger. Does anyone take advantage of staking any coins through Ledger Live, and if so, how confident are you in staking there? And does anyone buy crypto through Ledger Live, and if so, what does that look like with fees and whatnot? Or is it better to continue buying through the CEX and transferring to Ledger?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/spuds151"> /u/spuds151 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/z0nn5w/got_my_coins_onto_a_ledger_from_a_cex_and_i_feel/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/z0nn5w/got_my_coins_onto_a_ledger_from_a_cex_and_i_feel/">[comments]</a></span>