{"id":4438,"date":"2022-05-29T10:00:34","date_gmt":"2022-05-29T03:00:34","guid":{"rendered":"https:\/\/test.wikibinance.com\/?p=2406"},"modified":"2022-12-13T12:21:48","modified_gmt":"2022-12-13T05:21:48","slug":"connect-ledger-nano-to-bsc","status":"publish","type":"post","link":"https:\/\/wikibinance.com\/en\/knowledge\/connect-ledger-nano-to-bsc.html","title":{"rendered":"How to connect Ledger Nano to Binance Smart Chain"},"content":{"rendered":"

What is a Ledger Nano (cold storage device)?<\/b><\/h2>\n

Ledger Nano<\/strong>, also known as a hardware wallet<\/a>, is a highly secure device, used to store private keys. It is considered as the most secure device among all wallets as of now. <\/span><\/p>\n

The private key will be never connected to the network that minimizes the risk of being hacked or stolen. <\/span>However, in order for the security function to be absolutely guaranteed, users need store this device and its copy in a secure location and not lose the device.<\/span><\/p>\n

The Ledger Nano S and Ledger Nano X are two cold storage hardware wallets from Ledger. These two devices are capable of connecting to the computer via a USB for the purpose of trading and managing assets stored in the wallet. <\/span><\/p>\n

Users can do this through the Ledger Live app or <\/span>Metamask<\/span><\/a> wallet. Each device has a small screen and physical controls.<\/span><\/p>\n

\"Ledger
Ledger Nano is a highly secure device, used to store private keys<\/figcaption><\/figure>\n

If the investors choose to use Ledger Nano for asset preservation, it must establish its operations with Binance Smart Chain<\/a> (BSC).<\/strong><\/span><\/p>\n

The device can store all of BEP-20 tokens. In case the token is not displayed, the user can perform manual presentation to show it up in the transaction and the user’s interface.<\/span><\/p>\n

How to set up a Binance Smart Chain account in Ledger Live<\/b><\/h2>\n

Step 1: Download the Ledger Live on your computer or mobile phone and follow the instructions to set up on the Ledger.com. Then open the app and connect to the wallet via a USB. <\/span><\/p>\n

A big advantage of Ledger Nano is that it allows investors to manage cryptocurrencies in stock on multiple blockchains.<\/span><\/p>\n

\"Download
Download the Ledger Live app<\/figcaption><\/figure>\n

Step 2. Tap [<\/em><\/span>Add account]<\/em> <\/span><\/i>on the <\/span>Account<\/span><\/i> t<\/span>ab so that the screen displays the options. Press [<\/em><\/span>Binance<\/a> Smart Chain] \u2192 [<\/span><\/em>Continue]<\/em>.<\/span><\/i><\/p>\n

Step 3: Ledger Live will automatically create a BSC account and automatically move to the [Receive] tab <\/span>.<\/span><\/i><\/p>\n

Step 4: Select the BSC account and tap [<\/em><\/span>Continue]<\/em>.<\/span><\/i><\/p>\n

Step 5: The user’s BSC address will be displayed on the screen and the Ledger Live app. This address supports BEP-20 tokens but does not support BEP-2 tokens and Binance Chain<\/a>.<\/span><\/p>\n

Step 6: Tap [Confirm] after <\/em>verifying the address on the device<\/span>.<\/span><\/i><\/p>\n

Does the Ledger Live app support any BEP-20 tokens?<\/b><\/h3>\n

The device accepts all BEP-20 tokens but initially, the token will not show the balance. The investor’s assets will be secured. The investor needs to do a few operations, entering some of the technical information needed for the token to show up on the app and wallet device.<\/span> The BEP-20 token is displayed on the Ledger Live app in three ways:<\/span><\/p>\n