How to Sell Crypto through Ledger

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Ledger

Ledger

2 жыл бұрын

This is a step-by-step guide to converting your crypto back to fiat (dollars,
euros & more) securely using your Ledger device and Ledger Live.
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Пікірлер: 124
@jakemedrano3406
@jakemedrano3406 Жыл бұрын
From the moment the transaction is confirmed on the user's end, from the time the fiat currency hits that person's bank account. how much time has gone by? Is it 3-5 business days? 3-5 hours? Does it depend on the size of the order?
@hazemonster
@hazemonster 8 ай бұрын
When will you be able to sell XRP & XLM via Ledger & Coinify? Great video
@JamesBond-pr3yi
@JamesBond-pr3yi Жыл бұрын
Hi buddy, here i set up my nano x while my laptop was connected to the internet, is my ledger vulnerable now?
@GazAllTheJuice
@GazAllTheJuice Жыл бұрын
Any closer to being able to sell other Cryptos on Ledger Live?
@naturesoul4458
@naturesoul4458 Жыл бұрын
It is recommend to storing theta funds on ledger device?
@gaceqkos
@gaceqkos 2 жыл бұрын
Thanks for this demo. What are next assets in your roadmap to allow selling? When they will be provided? Why actually we cannot sell any asset we purchased in Ledger live?
@Ledger
@Ledger 2 жыл бұрын
Hi, unfortunately, it is not possible sell all crypto assets directly from Ledger Live. Since this service is provided by our partner Coinify, we have no control over the supported assets. You can either swap your assets for BTC and sell your BTC from Ledger Live or you can send your assets to an exchange and sell it from there.
@alethom_
@alethom_ 2 ай бұрын
@@Ledger years have passed and still I can only sell BTC. this is a big limitation of ledger
@marcopereira2441
@marcopereira2441 Жыл бұрын
Can we sell to the ledger card?? And then by again with the ledger card?
@manthis22
@manthis22 7 ай бұрын
What if we get an error message saying that Coinify doesn't operate in my state? Am I just screwed?
@confessedlytv
@confessedlytv 2 жыл бұрын
great info!
@Ledger
@Ledger 2 жыл бұрын
Thanks for tuning in!
@MariaAndersenCrypto
@MariaAndersenCrypto 2 жыл бұрын
Ledger is the best hardware wallet!!!
@Ledger
@Ledger 2 жыл бұрын
So happy you love it! 🙌
@cinemuh
@cinemuh 6 ай бұрын
How to buy/sell if coinify doesn't operate in your state?
@MrBoris6904
@MrBoris6904 6 ай бұрын
My residence is in DC which is supported by Coinify but still can't add my checking account, it only offer EU account , im trying to cash out my BTC, how i suppose to sell it ? However, when i wanna Buy BTC, my checking account is set up ... Any infos ??
@MrWazatleco
@MrWazatleco Жыл бұрын
is coinify accessible in the state of neveda?
@bledodance8940
@bledodance8940 Жыл бұрын
How I can sell the Shiba Inu from ledger ?
@CryptoCrimZn
@CryptoCrimZn Жыл бұрын
Great vid, is there a limit to how much you can sell and do you have to set up a coinify account on your ledger or can you set one up off it and sign in when ready to sell
@CryptoCrimZn
@CryptoCrimZn Жыл бұрын
Bump
@0040636bf109e
@0040636bf109e 3 ай бұрын
I am totally confused here. If I understand correctly all I need to do is put in my password and I can empty my wallet of all my crypro. So what is the 24 seed phrase for that I have been lead to believe is so very important?
@ChristopheAyer
@ChristopheAyer Жыл бұрын
bonjour, si j'ai bien compris on peut acheter 6'000 cryptos différentes sur Ledger mais si je veux en vendre et récupérer mon argent, pour l'instant c'est possible seulement avec Bitcoin !!??? et donc quand on fait un bénéfice et qu'on veut vendre on ne peut pas ???
@msimmons1906
@msimmons1906 Жыл бұрын
How do I sell into another crypto like a stablecoin?
@ryanmayo5572
@ryanmayo5572 Жыл бұрын
Am i able to convert Filecoin, DOT, Sol etc.... into BTC?? Cheers buddy
@anamarodriguezgallardo3947
@anamarodriguezgallardo3947 7 ай бұрын
Cuando realizo los pasos para vencer BTC me lanza un mensaje diciendo que no hay fondos suficiciente y en realidad si los hay. Porque ocurre esto?
@peace115xxx
@peace115xxx Жыл бұрын
NOW WHY IN THE ACTUAL F*** WOULD YOU GIVE US A WALLET TO STORE CRYPTO SAFELY ON.... AND IN RETURN NOT BEING ABLE TO SELL ASAP WHEN PRICES ARE RIGHT...... B.R.U.H WHAT????????
@cryptopathfinder4536
@cryptopathfinder4536 Жыл бұрын
needs development to where it can sell more coins on ledger live!!!
@Token-Talks-Today
@Token-Talks-Today 3 ай бұрын
Selling is not available in UK in accounts
@SC-lm4yw
@SC-lm4yw 2 ай бұрын
sooo... i did everything the exact same and it says "trade declined," but it doesnt give any reason for why it was declined....
@romarangiton7435
@romarangiton7435 4 ай бұрын
is there a video that gives an example of how the fees are charged? It was skipped over on this video.
@temptedadverse
@temptedadverse Ай бұрын
It will not let me choose a asset. It is stuck on bitcoin and there are no other options.
@asharshabir
@asharshabir Жыл бұрын
Hi! Can I sell USDT in to US Dollar through Legder Or I have to swap it first to Bitcoin and then sell it.?
@Ledger
@Ledger Жыл бұрын
Hey - right now Ledger also supporting selling Bitcoin, so yes you'd either have to swap it to BTC first, or send it to an exchange to sell!
@dylanmelotti4301
@dylanmelotti4301 2 жыл бұрын
One drawback ATM is that there's many assets that can't be swapped to Bitcoin directly in Ledger to sell, which is very unfortunate. So unless you're holding BTC or ETH on Ledger, you can't sell.
@nigeluno8896
@nigeluno8896 2 жыл бұрын
Thx for the info. Have they updated this at all? I know it’s only been 2 months since you commented
@KenzieNakamura
@KenzieNakamura Жыл бұрын
@@nigeluno8896 No you still can't sell anything else than BTC
@Sketchesz
@Sketchesz Жыл бұрын
Have you tried swapping to a stable coin like USDC?
@KenzieNakamura
@KenzieNakamura Жыл бұрын
@@Sketchesz no...i don't trust USA..
@MrJamesmister17
@MrJamesmister17 Жыл бұрын
@@KenzieNakamura How about now?
@JamesBond-lk7pj
@JamesBond-lk7pj 2 жыл бұрын
coinyfy has a limit of .8 Bitcoin maximum limit when selling. Are there other options that does not have these kind of limits when selling bitcoins?
@Ledger
@Ledger 2 жыл бұрын
Hey there, you are able to check other options in "discover" tab or centralized or decentralized exchanges! We reamain available should you have any further questions!
@pastuh
@pastuh 3 ай бұрын
Can't find in playlist how to add "25th word"
@ryanrasmussen5199
@ryanrasmussen5199 Жыл бұрын
I did a test to see if I could convert my BTC to dollars on Ledger Nano x and send to my checking account. However, Coinify posted a message indicating that I can't connect to my bank account because my residence is in North Carolina. When will this be corrected? Or, is there another way to send from Ledger to my checking account? If I need to send my BTC to an exchange in order to get access to my money, there's not much point in taking it off the exchange!
@Ledger
@Ledger Жыл бұрын
Hey there, unfortunately there is no way for now to send from your Ledger to a bank account! Your only option would be to sell on an exchange linked to your bank account in which you could withdraw to it! We hope this better clarifies!
@crelloc
@crelloc Жыл бұрын
you should use ledger because you would own your crypto and it will be safe. when you transfer crypto to an exchange you technically dont own the crypto anymore: there's a risk of losing your crypto or not having access to it. ledger is the way to go.
@Sbrumtwn
@Sbrumtwn Жыл бұрын
@@Ledger The ledger is hardly secure if you need to send it back to an exchange to withdraw your own money. Kind of defeats the purpose of being a security.
@MrPeasant213
@MrPeasant213 Жыл бұрын
wait @Ledger you cant just sell the assets for usdt or usdc? it has to be in fiat and itll straight go to your bank account? is there no way to sell the assets for usdt or usdc???
@Ledger
@Ledger Жыл бұрын
Hey, to clarify, till now there is no way to withdraw your cryptos directly to your bank account, you will be able to depending on some regions, through coinify. You are always free to withdraw to the exchange of your choice which could be linked to your bank account! Also, if you wish to spend crypto for real life purchases, we recommend you to check Bitrefill in the "Discover" tab section, pretty interesting options you could purchase using your crypto!
@crelloc
@crelloc Жыл бұрын
@@Ledger once you guys add sell orders and converting stable coins to fiat, you guys will change the game. you're almost there though. Can't trust exchanges because once you send your money there, you dont own it, they do.
@HellcatHabibi
@HellcatHabibi Жыл бұрын
If you haven’t paid taxes (since it isn’t illegal not to with ledger) how do you pay taxes once you put the money into your bank account?
@nunyabusiness1317
@nunyabusiness1317 11 ай бұрын
I'd suggest you find a way around paying taxes on investment money you were ALREADY taxed on PRIOR to investing in the first place.
@zaiyast814
@zaiyast814 Жыл бұрын
Why can’t we chose usd?
@Cra19y1
@Cra19y1 Жыл бұрын
When will you add other sell accounts, like XRP?
@Shamanysm
@Shamanysm 7 ай бұрын
I guess never. They are only interested in Bitcoin.
@ahmetmermer2130
@ahmetmermer2130 4 ай бұрын
@@Shamanysmbut what if i want to sell my solana how do i do that then?
@swester4990
@swester4990 2 ай бұрын
​@@ahmetmermer2130first swap to btc and then sell? Idk
@Sketchesz
@Sketchesz Жыл бұрын
Can I swap my crypto to usdc on the legder live?
@Ledger
@Ledger Жыл бұрын
Hey, yes can check our swap tab if changelly or FTX have the swap pair you are look for. Also, Paraswap from the "discover" tab section might interest you, its a decentralized swap for ERC20 tokens and ETH We hope this helps
@randomalien6936
@randomalien6936 Жыл бұрын
What if you want to sell something other than bitcoin through ledger live?
@KenzieNakamura
@KenzieNakamura Жыл бұрын
you can't you need to swap the crypto for BTC
@jonathanchetram406
@jonathanchetram406 Жыл бұрын
Can you sell to a Canadian bank? None of the currency is showing CAD
@Ledger
@Ledger Жыл бұрын
Hey - this service in Ledger Live is offered by our partner Coinify, and they do support your region. We'd suggest reaching out to them directly as they will be able to answer your query more accurately. You can reach them at help.coinify.com/hc/en-us/requests/new
@aityadeen123
@aityadeen123 6 ай бұрын
Why did you skip the fees
@FlyingDressStThomas
@FlyingDressStThomas Жыл бұрын
Coinfy does not support Florida so you cannot sell bitcoin through them
@manuingiro
@manuingiro Жыл бұрын
I followed your video step by step. but conify is asking me send the my BTC to an address. But you don't show that in the tutorial. Why do you think that is occuring?
@Ledger
@Ledger Жыл бұрын
Hey Emanuele - the interface might have changed since we released the video. It's normal for Coinify to ask you on which address the funds will be sent to, however Coinify should not ask you to send funds. Could you please clarify what is happening exactly? In doubt, please abort the transaction and reach out to our Support team via the Contact us button on our Help Center: support.ledger.com/hc/en-us/categories/4404369571601?support=true In any case, do not share your 24-word recovery phrase with anyone including with Ledger. Hope this helps!
@JetFast
@JetFast Жыл бұрын
After you sell it does it go to your bank account that you added right away?
@Ledger
@Ledger Жыл бұрын
Hi, Your funds will be delivered straight to your bank account. It may take some time for the transaction to process and confirm. Check the History tab to track the status of your order. Currently, the Sell feature can only be used for BTC. You can either swap your crypto for BTC and sell your BTC from Ledger Live or you can send your crypto to an exchange and sell it there.
@hamdan_godisgreat7940
@hamdan_godisgreat7940 Жыл бұрын
@@Ledger do they have limit let's say you wanna sell a million dollar it's not gonna ask its over the limit as most exchange will say ?. And could i covert gala coin to btc so I can sell it in ledger live whenever I wanna sell my gala coin or not?
@Ledger
@Ledger Жыл бұрын
Hi, Sell and swap services in Ledger Live are not operated by Ledger. These are offered by Wyre and Changelly who are our partners and they can limit the transaction amount. However, you can send your assets to any other exchange and sell or swap your assets from there.
@vladmad3374
@vladmad3374 Жыл бұрын
What happens if you press send and the Banks address is incorrect?
@Ledger
@Ledger Жыл бұрын
Hi, sell service in Ledger Live is offered by our partner Coinify. We'd suggest reaching out to their team and they will provide an accurate answer to your query. You can reach them at help.coinify.com/hc/en-us/requests/new
@rattedbug5003
@rattedbug5003 2 жыл бұрын
I see moonpay has a very poor reputation. Yet you have them as part of the ledger set up.
@zulharith6440
@zulharith6440 Жыл бұрын
do they ask for bank accout nmber to receive money?
@Ledger
@Ledger Жыл бұрын
Yes, you'll need add your bank account and account holder details so that they can transfer the funds to your account after you sell your crypto. More info here 👇🏻 support.ledger.com/hc/en-us/articles/4404389171985-Sell-crypto-with-Coinify?docs=true
@chrislucas142004
@chrislucas142004 3 ай бұрын
So frustrating and disappointed with Ledger... there are plenty of crypto to buy through Ledger but only 1 off-ramp to sell BTC (Coinify) and for some reason it doesn't work in my geographical location. This video is 2 years old. When is this going to change or be updated with other ways to cash out? Also, why are Coinify minimums to sell so high?????
@Cr4zyClips
@Cr4zyClips 2 жыл бұрын
Does this method cost less fees than first sending to the platform and then selling it or do they cost the same?
@Cr4zyClips
@Cr4zyClips Жыл бұрын
@ً Nope sorry. Still dont know.
@crelloc
@crelloc Жыл бұрын
it would be cheaper to work with an exchange because they may not charge a % for a transaction.
@PENA1804
@PENA1804 Жыл бұрын
Your going to pay a fee to transfer it to an exchange then pay another fee to sell so I assume this method is cheaper good luck.
@rafaljarmuszkiewicz514
@rafaljarmuszkiewicz514 Жыл бұрын
Is it: 1. Safer - YES 2. More convenient - YES 3. Cheaper - NO
@royalyarbrough9596
@royalyarbrough9596 Жыл бұрын
What is a bic code or swift?
@Ledger
@Ledger Жыл бұрын
Hi 👋 could you explain a bit more about your query?
@michaelfrymus
@michaelfrymus Жыл бұрын
Im in Canada, how do I do this?? I don't have a US bank account.
@ismail_
@ismail_ 5 ай бұрын
Canada fucked us we cannot do this
@brycehouston_
@brycehouston_ 3 ай бұрын
This doesn’t help. How do you sell with ledger live on phone bcs there’s no tab or button to “SELL”. This is so annoying
@a-spiv7099
@a-spiv7099 Жыл бұрын
What’s the best way to sell all of my assets without limits?
@Ledger
@Ledger Жыл бұрын
For the moment it is only possible to sell BTC via Ledger Live. For other assets, you will need to send them to an exchange and sell from there.
@a-spiv7099
@a-spiv7099 Жыл бұрын
Bitcoin is the only crypto you can sell through ledger live?
@Ledger
@Ledger Жыл бұрын
Yes, that is correct.
@Kernelowski
@Kernelowski Жыл бұрын
It's annoying you have a weird minimum requirements for selling Bitcoin. Like 0.0025 minimum needs to be sold or MORE and if I have less I CAN'T SELL IT!
@michaelmichell8005
@michaelmichell8005 Жыл бұрын
Do you have any information on completing verification process . I have an error message that appears "Could not authenticate with the provided credentials" Cheers
@Ledger
@Ledger Жыл бұрын
Hi, we'd need to ask you for more pertaining information regarding your case for further investigation. Reach out to our support team at support.ledger.com/hc/en-us via Help button located in the bottom of the website. Our team will assist you asap.
@chrislucas142004
@chrislucas142004 3 ай бұрын
did you figure this out - i'm having same problem. thx.
@dumitrunarciss7494
@dumitrunarciss7494 Жыл бұрын
can I keep the fiat money in the ledger and buyback crypto later?
@Ledger
@Ledger Жыл бұрын
Hello. A Ledger works a bit differently. The Ledger only holds your Private keys and your seed phrase. Your public and private keys are derived from the seed phrase. Your crypto is stored on the blockchain. You can learn more about it here www.ledger.com/academy/crypto/what-is-a-recovery-phrase
@kingofcard375
@kingofcard375 Жыл бұрын
😍
@keem1934
@keem1934 Жыл бұрын
How can i sell coins like shiba
@crelloc
@crelloc Жыл бұрын
use an exchange or swap shiba to a stable coin
@Ledger
@Ledger Жыл бұрын
Hi - Bitcoin is currently the only coin you can natively sell with Ledger. For all other coins, you'll have to first send the coin to an exchange before selling.
@thanos879
@thanos879 5 ай бұрын
There's still no more options other than bitcoin.
@cr500roost
@cr500roost Жыл бұрын
How do you get it in your bank account
@mahonnicklin9108
@mahonnicklin9108 Жыл бұрын
He doesn't clarify this point at all, nobody does. When he discusses 'set up a coinify account', he could have walked us through that step and shown us how to add a bank account so that it would make it clear that 'selling' means transfering to your account. So, in ledger live, click 'buy sell', then 'sell' and choose the amount of crypto that you would like to transfer into fiat currency (real money). The next step requires that you create a 'coinify' account and 'add your bank account' so that the exchange process has a place to send the fiat currency.
@Ledger
@Ledger Жыл бұрын
When you want to sell your crypto via Ledger Live, you'll need to open a account with Coinify which operates this services. Then you'll like your bank account to this account. And finally when you sell your assets, Your funds will be delivered straight to your bank account. It may take some time for the transaction to process and confirm. Check the History tab to track the status of your order.
@zezuzaza
@zezuzaza Жыл бұрын
can coinify support malaysia for withdrawal?
@chrislucas142004
@chrislucas142004 3 ай бұрын
@@Ledger i created a coinify account in ledger but then got an error message "could not authenticate provided details" - so could not add bank info. please advise
@meditationdaily1129
@meditationdaily1129 2 ай бұрын
Ledger how you have customers is beyond me... every transaction has PHAT fees .. why make it so expensive?
@Xclusic
@Xclusic Жыл бұрын
Too complicated
@TheJoker-bz2uz
@TheJoker-bz2uz 2 ай бұрын
Bought Tether through your account and now I'm stuck with a a crypto I can't sell that I only wanted to purchase something. Can't even transfer this crypto without dumping everything I own into Ethereum. What a fucking scam, wasted over $100 in gas fees just trying to figure this out. What a a shady company
@mellamodiego8458
@mellamodiego8458 6 ай бұрын
Fail because it’s been over 1 year and you can still only sell btc.
@PAlx
@PAlx 2 жыл бұрын
Subtitle in french please 🙏
@mahonnicklin9108
@mahonnicklin9108 Жыл бұрын
0:04 - Bonjour, parlons de la vente de vos pièces via Ledger Live 0:07 avec notre partenaire Coinify. 0:09 À l'heure actuelle, vous ne pouvez vendre Bitcoin que via Ledger Live. 0:12 Donc, c'est ce que nous allons vous montrer aujourd'hui, mais ne vous inquiétez pas, 0:14 nous ajouterons plus d'options bientôt. 0:16 Alors, commençons par ouvrir Ledger Live, 0:18 connecter votre Nano à votre ordinateur 0:20 et le déverrouiller avec votre code PIN. 0:22 Ensuite, vérifiez l'onglet "Applications installées" pour vous assurer que 0:24 vous avez l'application Bitcoin et l'application Exchange. 0:26 Si l'un ou l'autre est manquant, accédez simplement au catalogue d'applications et installez-le. 0:30 Si les deux applications sont déjà installées, 0:32 cliquez sur 'Acheter/Vendre' dans le menu de gauche. 0:35 Ensuite, cliquez sur "Vendre" en haut de la page. 0:38 Cliquez sur « Choisir un actif cryptographique » et sélectionnez Bitcoin. 0:42 Ensuite, utilisez le deuxième menu déroulant pour choisir 0:44 les comptes à partir desquels vous souhaitez vendre, puis cliquez sur "Continuer". 0:47 Ici, nous avons la page "Commencer", 0:49 où vous entrez le montant de Bitcoin 0:51 vous souhaitez vendre dans la case supérieure. 0:53 Pendant que vous faites cela, faites attention au minimum de Coinify 0:55 et les limites maximales, et ajustez-les si nécessaire. 0:58 Une fois que vous avez entré votre montant, 0:59 choisissez la devise que vous souhaitez recevoir, 1:01 et vous verrez un devis dans la case "Vous obtenez". 1:04 Chaque citation est bonne pour 15 minutes. 1:06 Et si vous dépassez le temps, vous n'aurez qu'à rafraîchir et recommencer. 1:09 Maintenant, cliquez sur le bouton "Vendre maintenant", 1:12 où vous vous connectez à un compte Coinify existant, 1:14 ou en créer un nouveau. 1:16 Si vous en créez un nouveau, suivez les étapes KYC, 1:19 et reprendre la vente une fois que vous avez vérifié. 1:22 Si vous en avez déjà un, vous n'avez qu'à continuer. 1:28 Disons que vous êtes configuré avec Coinify, cliquez sur "Continuer", 1:31 afin qu'ils puissent rechercher un compte bancaire et que vous en ajoutiez un, si nécessaire. 1:35 Une fois que vous avez ajouté ou choisi un compte bancaire, 1:37 vous reviendrez à la page de commande. 1:39 Si vous êtes d'accord avec les chiffres à l'écran, 1:41 puis acceptez les termes et conditions, 1:43 et cliquez sur le bouton 'Confirmer la commande'. 1:45 Ouvrez l'application Exchange sur votre Nano lorsque vous y êtes invité, 1:48 faites défiler les détails jusqu'à ce que vous voyiez "Accepter et envoyer". 1:52 Si tout va bien, appuyez sur les deux boutons et revenez à l'application. 1:56 Maintenant, cliquez, fermez et continuez 1:58 pour obtenir le récapitulatif de votre commande. 2:00 Et vérifiez votre boîte de réception pour les mises à jour de Coinify. 2:04 Ça y est, vente terminée. 2:06 La vente est la même sur tous les Nanos, 2:08 vous n'aurez donc jamais à le réapprendre. 2:11 Et si vous avez des questions, ou si vous êtes prêt à en savoir plus, 2:14 consultez les autres didacticiels du centre d'aide. 2:17 Et, comme toujours, restez en sécurité lors de votre voyage crypto, à bientôt ! Cartes thermiques et plus
@Misha0013
@Misha0013 2 ай бұрын
completely usless if you dont have bitcoin
@mamunkhan3619
@mamunkhan3619 Жыл бұрын
Speak slowly and slow down that way people can understand you better!
@xSOILBORNx
@xSOILBORNx Жыл бұрын
Why not just slow down the playback speed on your device? Problem solved.
@Ledger
@Ledger Жыл бұрын
Hahaha, that is a great solution too!
@Fastfury1
@Fastfury1 Жыл бұрын
Learn to listen better bud
@funny-stuff
@funny-stuff Жыл бұрын
I thought you were being sarcastic because I think he's talking really slow.
@limedilligaf801
@limedilligaf801 Жыл бұрын
Yeah I find this guy really easy to follow.
@shepdog213
@shepdog213 Жыл бұрын
MY CARDANO IS STUCK IN THIS THING NOW!!!!!!!! WTF!!!!!!!!!!!!!!!!!!!!!!! the only thing i didnt protect myself from is ledger and charles hockinson
@ir0n2541
@ir0n2541 Жыл бұрын
You can create an account with any crypto exchange, and send the ADA coin to the exchange wallet. then request the exchange to withdraw the ADA coins to your bank account. Only downside is that you will have to pay a transaction fee.
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