/biz/ - Business & Finance

>>13910731
Aren't they the same address? I don't have a ledger but if you link the ledger with MEW, I would assume they would be exactly the same address.

>>13910748
this. mew is just an interface to open wallets on your ledger. if the addresses are different, you are prolly getting chinked.

Also send like 5 bucks worth of eth first before sending your whole stack just to be sure

send it to your Ethereum address. you wont see it show up but just look up the address on etherscan and check the ERC20 tokens tab. You vintage.myetherwallet.com/#send-transaction to take link out of it.

>>13910731
Any ledger any chain any time anywhere that's the blockchain agnostic guarantee that has made chainlink a household name. Uncle Sergey swears by blockchain agnostic tech. Remember if it ain't blockchain agnostic it ain't worth anything!

>>13910825
don't be a pussy. send entire stack and avoid paying gas two times.

pretty sure the ethereum address that shows up in Ledger Live is the same as the first eth address in MEW provided you choose m/44'/60'/0'/0 (ledger live) or m/44'/60'/0'/0 (trezor) ..second and third options when you choose your hardware wallet. the first option m/44'/60'/0 something like that ..is the less standard? look up hardware derivation for more info.

>>13910849
What's the point of the MEW part then? Why do some ppl set it up first before sending to ledger if they have a ledger?

>>13910731
Remember, LINK is the last golden ticket out of poverty and you should never store 100% of your linkies in a single place. As unlikely as it is, someone could hack Binance or even Ethereum itself and steal everything you own.

Thankfully, since LINK is a blockchain-agnostic project, that means it can be stored on ANY chain using ANY wallet in existence! Sergey and Steve actually guarantee this interoperability in the white paper and it is a large part of what makes the project so appealing in the first place. Because of this, I strongly encourage all linkmarines to split their stack evenly across as many of the following as they can muster:

>Ethereum wallet (MyEtherWallet is always good)
>Several different exchanges (Binance, Coinbase, and Gemini are highly trusted) so if one goes down it's not game over
>Bitcoin wallet - Bitcoin is the O.G. blockchain after all and probably more hackproof than any other in existence.
>Monero wallet - storing your LINKs on the Monero chain has the added advantage of obscuring your trade history from the feds. When you finally cash out you won't need to pay any taxes on your LINK stack.
>Skycoin wallet - Storing your linkies in a Skycoin wallet will actually earn you coinhours passively! It's like earning node dividends without the wait or hassle.
>Try looking for little-known crypto projects that might have a fork in their future. If you store LINK on their wallet when the fork occurs, you get free forked LINK!

There are just a few ideas, but there are innumerable safe places to spread your LINK stack out in. As you can see, it's almost irresponsible to keep all your LINK in a dusty old MEW wallet when there's so many perks to storing it elsewhere. Keeping your link spread out like this also helps against the temptation to sell your LINK prematurely during the climb to $1000. Personally, I have my LINK spread out over 8 different wallets and 5 different exchanges, and I've never felt comfier

>>13910921
In MEW you can see all the different available addresses and you have a sidepanel to see your token counts, and send them back out. Ledger Live just shows eth. send a small amount then plug your eth address into https://etherscan.io/ or look in MEW check your link tokens are there ..then transfer across happily.

>>13910969
So the only difference is balance checking?

>>13910934
I don't trust that face of yours anon.

>>13911010
Its the same address, go into the ledger software and ethereum app and check the address, then go into MEW choose your hardware, then when it says choose the app you have opened choose either ethereum - ledger live m/44/60 or ethereum (trezor) - m/44/60/0/0 ..and the first listed address ..you tick it, should be exactly the same address as the ledger program. that'll be the easiest one to use. so then its just the way you interface with it, whatever features MEW has that ledger live doesn't. All you need is that address to send off the exchange

>>13911054
And I assume I can create my chainlink address in MEW via my ledger? As in the secret recovery phrase will display on ledger screen vs pc? And I apologize if I'm being a brainlet but is the MEW step essential? Do i need to deal with mew if I just want to get my linkies off binance. I'm still failing to understand what is the difference between sending them to mew vs sending to ledger address.

>>13911111
God damn son.
The seed phrase will only show on the ledger screen itself when you first set it up, write it down then engrave it into some stainless steel. look up a youtube vid on setting up your ledger. The ethereum address you send it to comes from the ledger itself. whether you get it from the ledger live software or from MEW doesn't matter. you dont need to use mew, just get that address from ledger live soft and send link to it and look it up on etherscan. look up a youtube tute on sending erc tokens to a ledger nano. Dont stress just do the steps in order, no problem. There's even an app in ledger live to check your seed phrase

>>13911184
I appreciate you taking time helping out fren. So in essence I could create an eth address on my ledger and send it to that address through my binance withdraw?
Why do some people send it to MEW first? It doesn't make any sense to me because you create an MEW address on a pc which could be infected. Which defeats the whole purpose of getting a hardware wallet. So I'm really confused by this MEWA step everyone seems to be emphasising.

>>13911227
In essence yes. You get the ethereum address from your ledger nano s, you just send to that. MEW not needed at all. MEW is just another way to connect to your ledger when it's plugged in to your pc. you dont send anything to MEW ..you only ever send to an address. the address comes from the seed on your ledger nano s. You'll be fine. Go watch some tutorials and get your shit together and get it done, and dont forget to squat and deadlift.

>>13910731
Best way to physically store link would be convert it to fiat and then to withdraw $100. Then burn 5% every day, stopping when you reach $20 dollars. Then put that $20 under your mattress for the next five years and pray it will turn into $30.

>>13910934
thanks satan

>>13910850
Kek