How to Receive Crypto Assets on Ledger Flex: A Step-by-Step Guide

Installing and Linking Crypto Apps

• 💡 Install the necessary crypto app on your Ledger Flex device for the specific asset you wish to receive, such as Solana.
• 🔗 After installing the app, you must link the corresponding account within the Ledger Live application.

Adding New or Existing Accounts

• ➕ In Ledger Live, navigate to 'Accounts' and select 'Add account' to either create a new one or link an existing one.
• 📱 Use your Ledger device to connect and select the desired asset (e.g., Solana).
• 🔍 Ledger Live will scan the blockchain for existing accounts associated with your recovery phrase; you can then choose to add an existing one or create a new account.
• ✏️ Newly created accounts can be renamed for better organization.

Receiving Crypto Assets

• ➡️ To receive funds, click on the 'Receive' option in Ledger Live for the selected account.
• ⚠️ Verify the wallet address on both your Ledger device and Ledger Live to ensure they match exactly, confirming the security of the transaction.
• 📲 You can then copy the wallet address or use the provided QR code to share with the sender.

Sending Crypto from an Exchange (Coinbase Example)

• 🏦 When sending from an exchange like Coinbase, navigate to the 'Send crypto' function.
• ➡️ Paste the copied Ledger wallet address or scan the QR code.
• 💰 Select the cryptocurrency to send (e.g., Solana) and confirm the transaction details.
• ⚠️ Be aware of potential regulations or declarations, such as the EU's transfer of funds regulation, especially when sending to yourself.

Confirming Receipt

• ✅ Once the transaction is sent from the exchange, it will be processed and should appear in your Ledger Live balance shortly.
• 📈 The balance will update to reflect the received cryptocurrency, though it may not be instantaneous.