Well the reason why i ask this is because im in a strange situation.  I have funds in binance that I need to withdraw.



I have roughly 2000 dollars worth of altcoin and about 8 dollars worth of btc and 5 dollars worth of bnb.



Okay so from the best option to worst option would it be like this in terms of withdrawing?





Sell altcoin for btc.  Sell 5 dollar worth of bnb for btc.  Then just withdraw the entire btc to my nano ledger?  Pay the fee of 0.0005 btc = 22 dollars


Sell altcoin for usdt/usdc via Binance Chain/Tron Chain.  Sell the tiny amount of bnb and btc for usdt/usdc.  Then withdraw it to nano ledger using Binance/Tron network?  Pay Fee of = 1 dollar max


Sell altcoin for btc.  Sell all the btc for bnb and withdraw Bnb.  Fee = < 1 dollar


Keep the altcoin and withdraw altcoin to nano ledger.  Sell the btc for bnb.  Then withdraw entire bnb to nano ledger?


Sell altcoin for usdt/usdc via ETH chain.  Sell the tiny amount of bnb and btc for usdt/usdc.  Then withdraw it to nano ledger using ETH Chain?  Pay the fee =25 dollars




The thing about my situation is I don't really want to sell the altcoin that i have.  Its an ETH coin.  But since people say if i keep it and send it to my nano ledger... well im going to pay around 25 dollars the next time i want to move it to an exchange.  Is that accurate?  But my other concern is many of the exchanges I could trade this altcoin... im country restricted.  So wouldn't this be another reason to not with this altcoin?



People also mention in another thread about just trading it all for BNB.  Well the first thing is BNB isn't stable like btc.  I mean... i rather have btc than bnb.  The other thing is where can I even sell bnb if im a us citizen but in a restricted state?  I cannot use Binance.com... nor binance.us due to the state where im from.  So would this be another reason to not hold BNB?   Or is this not an issue for people?  Like imagine you cannot sell a coin because the exchanges that allow you to trade it... you are country restricted.  What do you do then?



I mean i rather have usdt/usdc but then i read you pay high fees if you use ETH chain which is the most popular chain.  But if i use binance chain or tron chain... isn't my issue... well how can i sell it in the future if im limited to coinbase and gemini only?  And those exchanges... they have usdt/usdc but its only on the ETH chain.



So based on that... best to just convert altcoin and tiny amount of bnb to btc?



Someone posted above to just withdraw usdt/usdc via Binance Chain/Tron Chain as oppose to ETH chain since you save a lot on withdraw costs.  But would I have issue selling the usdt/usdc in the future though since its Binance/Tron network and the only exchange I could use would be coinbase/gemini?

Okay so from the best option to worst option would it be like this


Again i have roughly 2000 dollars worth of altcoin and about 8 dollars worth of btc and 5 dollars worth of bnb.





Sell altcoin for btc.  Sell 5 dollar worth of bnb for btc.  Then just withdraw the entire btc to my nano ledger?  Pay the fee of 0.0005 btc = 22 dollars


Sell altcoin for usdt/usdc via Binance Chain/Tron Chain.  Sell the tiny amount of bnb and btc for usdt/usdc.  Then withdraw it to nano ledger using Binance/Tron network?  Pay Fee of = 1 dollar max


Sell altcoin for btc.  Sell all the btc for bnb and withdraw Bnb.  Fee = < 1 dollar


Keep the altcoin and withdraw altcoin to nano ledger.  Sell the btc for bnb.  Then withdraw entire bnb to nano ledger?


Sell altcoin for usdt/usdc via ETH chain.  Sell the tiny amount of bnb and btc for usdt/usdc.  Then withdraw it to nano ledger using ETH Chain?  Pay the fee =25 dollars




The thing about my situation is I don't really want to sell the altcoin that i have.  Its an ETH coin.  But since people say if i keep it and send it to my nano ledger... well im going to pay around 25 dollars the next time i want to move it to an exchange.  Is that accurate?  But my other concern is many of the exchanges I could trade this altcoin... im country restricted.  So wouldn't this be another reason to not with this altcoin?



People also mention about just trading it all for BNB.  Well the first thing is BNB isn't stable like btc.  I mean... i rather have btc than bnb.  The other thing is where can I even sell bnb if im a us citizen but in a restricted state?  I cannot use Binance.com... nor binance.us due to the state where im from.  So would this be another reason to not hold BNB?   Or is this not an issue for people?  Like imagine you cannot sell a coin because the exchanges that allow you to trade it... you are country restricted.  What do you do then?



I mean i rather have usdt/usdc but then i read you pay high fees if you use ETH chain which is the most popular chain.  But if i use binance chain or tron chain... isn't my issue... well how can i sell it in the future if im limited to coinbase and gemini only?  And those exchanges... they have usdt/usdc but its only on the ETH chain.



So based on that... best to just convert altcoin and tiny amount of bnb to btc?

Okay so from the best option to worst option would it be like this


Again i have roughly 2000 dollars worth of altcoin and about 8 dollars worth of btc and 5 dollars worth of bnb.





Sell altcoin for btc.  Sell 5 dollar worth of bnb for btc.  Then just withdraw the entire btc to my nano ledger?  Pay the fee of 0.0005 btc = 22 dollars


Sell altcoin for usdt/usdc via Binance Chain/Tron Chain.  Sell the tiny amount of bnb and btc for usdt/usdc.  Then withdraw it to nano ledger using Binance/Tron network?  Pay Fee of = 1 dollar max


Sell altcoin for btc.  Sell all the btc for bnb and withdraw Bnb.  Fee = < 1 dollar


Keep the altcoin and withdraw altcoin to nano ledger.  Sell the btc for bnb.  Then withdraw entire bnb to nano ledger?


Sell altcoin for usdt/usdc via ETH chain.  Sell the tiny amount of bnb and btc for usdt/usdc.  Then withdraw it to nano ledger using ETH Chain?  Pay the fee =25 dollars




The thing about my situation is I don't really want to sell the altcoin that i have.  Its an ETH coin.  But since people say if i keep it and send it to my nano ledger... well im going to pay around 25 dollars the next time i want to move it to an exchange.  Is that accurate?  But my other concern is many of the exchanges I could trade this altcoin... im country restricted.  So wouldn't this be another reason to not with this altcoin?



People also mention about just trading it all for BNB.  Well the first thing is BNB isn't stable like btc.  I mean... i rather have btc than bnb.  The other thing is where can I even sell bnb if im a us citizen but in a restricted state?  I cannot use Binance.com... nor binance.us due to the state where im from.  So would this be another reason to not hold BNB?   Or is this not an issue for people?  Like imagine you cannot sell a coin because the exchanges that allow you to trade it... you are country restricted.  What do you do then?



I mean i rather have usdt/usdc but then i read you pay high fees if you use ETH chain which is the most popular chain.  But if i use binance chain or tron chain... isn't my issue... well how can i sell it in the future if im limited to coinbase and gemini only?  And those exchanges... they have usdt/usdc but its only on the ETH chain.



So based on that... best to just convert altcoin and tiny amount of bnb to btc? 

I just downloaded ledger live from ledger site.


One thing i noticed was when i looked at it file without opening it... i right click it and properties.  I notice in the general tab which it opens up...


The bottom shows


Security  This file came from another computer and might be blocked to help protect this computer.



Did any of you also have this message in the ledger live 2.33.1 download?  I took a look at the old ledger live desktop i downloaded which was 2.26.1 and when I right click it and properties, I don't notice that message.




I am going to do HCP method of verifying the signature and could appreciate if someone could clear everything up.



Do I just click on the start menu and type in powershell and then click on windows powershell or right click and run as admin on windows power shell?



Then once I do that


I see a blue screen that shows


Windows Powershell
Copyright (C) Microsoft Corporation.  All rights reserved.

Try the new cross-platform powershell  https://aka.ms/pscore6


PS C:Users/jerry0>


Then press spacebar once... and then type this and enter?


Get-FileHash ledger-live-desktop-2.33.1-win.exe -Algorithm SHA512 | Format-Table -AutoSize -Wrap





I just want to make sure of this before I continue as that security message file came from another computer... i never seen before.  Can you guys confirm this is the correct way to do it without downloading the hashbit etc?


Thing that has me confused is HCP says


You just need to make sure you're in the folder where the .exe is located... if you use Explorer... goto the folder where you downloaded the .exe and then hold down the SHIFT key and right click in an empty space (not on a file or folder) in the window... you should see an option that says "Open PowerShell window here":

So people who say withdraw it into bnb since fee is less for that... i know i could store bnb in ledger.


But one issue is... what if i cant sell bnb though?  Thing is i wouldnt be able to use binance.. binance.us etc due to my country/citizenship.


Is there always a way to sell bnb coin since that is the situation im in?

Is there a concern if I cannot trade the usdt/usdc though in the future if i only have access to two exchanges which is coinbase/gemini though?


I also heard if you withdraw usdt/usdc on binance via tron network to nano ledger... you need to make sure you have tron in your ledger... otherwise that usdt/usdc wont show up?  I do not have any eth/tron etc.



But most ppl agree best thing is just convert everything to btc and withdraw that?  Thing is i dont want to really sell that altcoin though... but thing is im not sure i could sell it in future because i cant use most exchanges.  Would that be an issue?

Can you tell me the steps to do the first part on binance?  Any trade i ever did with binance... i had traded with what is available so it immediately went through.


So what you want me to to is a limit order as oppose to market order?

Okay yes so the fee to withdraw usdt/usdc is very high if using the ETH chain on binance.


The thing is I don't have any ETH or Tron though.  So would you even suggest withdrawing usdt/usdc then to nano ledger then?  I am confused why usdt/usdc uses ETH or binance chain or smartchain or tron for fees.  Why not pay via usdt/usdc?



The other issue is this.  If i withdraw usdt/usdc via tron network... then i have it in my nano ledger.  Isn't a big issue me not being to trade that usdt/usdc if i only have access to two exchanges which is coinbase/gemini?  Reason i say this is because due to my location...  I could only use coinbase/gemini.  So wouldn't that mean i am stuck with a coin that i can't sell?  For example i have other altcoins that i cant sell due to being country restricted to a certain exchange.  What happens then?


So to make it simple, just withdraw it via ETH chain for usdt/usdc and pay the fee or just convert everything to btc and withdraw?


That way no issues later on? 

Here is the other thing.  If i have usdt/usdc on the tron network... what if i cant sell that in the future?


I only have access to coinbase/gemini and apparently these two exchanges which has usdt/usdc only is on ETH chain?  So i cant in the future sell the usdt/usdc that is on the tron chain? 

What do you mean make trials for withdraw?  The last time i did a trade on binance was a while back and when I did this, it was me immediating trading a coin for another coin for whatever the current price was.  I am not doing like those market or limit orders where i buy or sell when it hit a certain price.


So i could still test it when doing it instantly?  Example imagine trying to sell altcoin for btc at a certain price.  Like when i click sell altcoin for btc... will it ask for confirmation or does it do it automatically?  Similar to like how you make a wager... does it ask you are you sure with your selection?  Does binance do this?

Wait, so one could withdraw usdt/usdc via tron and binance smart chain to the nano ledger then?


Because doing this would save lot in fees as it seem like it cost around 20 cents to withdraw as oppose to 25 dollars for usdt/usdc on the ETH network and 22 dollars if withdrawing btc?


Again i have around 2000 dollars in altcoin right now and around 8 dollars in btc and 5 dollars in bnb in my binance account.  And i want to know the most cost effective way to withdraw it to my nano ledger.


Such as sell altcoin and bnb for btc and withdraw btc and pay that fee?  Or sell altcoin for btc.  Then sell all that btc for usdt/usdc and send that to nano ledger.




Thing is I do not have any ETH or Tron coin etc.  I only have btc and bch in my nano ledger at the moment.

Yea... knowing your wallet network is the thing here.  So nano ledger... if i want to withdraw usdc or usdt... my only option is ETH then right?  Thus it would be expensive to withdraw this way to my nano ledger?  Thus withdrawing btc would be cheaper than usdc/usdt since its few dollars cheaper based on the numbers i mentioned?

---

The other issue is this.  Assuming i could use another network beside ETH to withdraw usdt/usdc.  Let say i withdraw with binance or Tron chain to my nano ledger.  I could do that right?


Well if i do that... how do i even trade the usdt/usdc that is on the Binance/Tron chain in the future if the only exchange i could use would be coinbase/gemini?  Wouldn't i be screwed then since i cant even trade a coin if im only limited to these two exchanges?

[moderator's note: consecutive posts merged]

I will need to withdraw from binance exchange soon as i have some altcoin there and some tiny amount of bnb and btc.



If i were to trade my altcoin and btc and bnb for a stablecoin such as usdt or usdc on binance and withdraw it to my nano ledger s



I read that you can store Usdt and Usdc in nano ledger.  But there is only one network that it is on and that is ETH... is that correct?  Thus I read the withdraw fees on binance if withdrawing usdt/usdc is 25 dollars if its on the ETH network... which the nano ledger s on?  



Someone mention if you withdraw usdt/usdc on the Tron/BSC network, the fees are minimal, i see its literally ten cents or 20 cents?



But you can't have the option to choose the tron or bsc network right if you are using a nano ledger?



Also I see if I were to withdraw BNB on binance, it gives option of BNB network or BSC network.  Which network is the nano ledger on?

I need to withdraw from the binance exchange soon as they have KYC and I do not plan on submitting KYC.

Hey I did saw the fees on binance.  But how do i know what network usdt/usdc is on binance?  Because isn't the fee around 25 dollars to withdraw usdt or usdc on binance with the ETH network?  Bit you withdraw through Tron/BSC its very little. 


But isn't the issue here... me wanting to receive usdt or usdc on my nano ledger though?  Because from what I read... if you store usdt or usdc on nano ledger... its on the ETH network so if you withdraw usdt or usdc from binance... you need to make sure its on the ETH network?


Then how could I withdraw it on the tron/bsb network then?

Well do i get to choose the network or not?


I want to know the cost of withdrawing either usdt or usdc or btc on binance.com.  It seem to cost 25 dollars if its usd and usdc and btc is just a bit under that at 22 dollars?  Since usdt and usdc on binance is on the ETH chain?  Or could you withdraw it on the tron or bnb network?



But isn't the big issue here me wanting to receive usdt or usdc in my nano ledger s which is on the ETH network?

I only have a nano ledger wallet.  I want to withdraw to that.



I am in my binance account but when you try to sell... do you do market or limit?  Again i wan to know if i could still trade the altcoin now.



But in terms of withdrawing... which of the situations i listed would be best?  Does it cost me a lot withdrawing usdt or usdc to my nano ledger?  I read if you do that... it cost 25 dollars? 

What is my best option here?  My issue with keeping that altcoin is im not sure if i could even sell it in the future because I cannot use many exchanges.  It is also an ETH coin so people say im going to pay lot of fees.


But if i trade it all for usdt/usdc... wouldn't i incur lot of fees as well?  I mean i dont mind keep usdt or usdc as its a stablecoin.




The thing that is confusing is what are the withdraw fees for btc, usdt and usdc on binance?  Because i see multiple different chains for each of these.


But I also have to make sure its compatible with the nano ledger as i heard usdt and usdc is only ETH chain?



Are those my three options that I list based on the coins I have and since i want to send it to my nano ledger?  Thing is im confused if i have to pay around 25 dollars to withdraw usdt or usdc from binance to nano ledger?   But I see if its a different network, its only ten or twenty cents?



Bitcoin would cost around 22 dollars or so?

What is my best option here?  My issue with keeping that altcoin is im not sure if i could even sell it in the future because I cannot use many exchanges.  It is also an ETH coin so people say im going to pay lot of fees.


But if i trade it all for usdt/usdc... wouldn't i incur lot of fees as well?  I mean i dont mind keep usdt or usdc as its a stablecoin.




The thing that is confusing is what are the withdraw fees for btc, usdt and usdc on binance?  Because i see multiple different chains for each of these.


But I also have to make sure its compatible with the nano ledger as i heard usdt and usdc is only ETH chain?



Are those my three options that I list based on the coins I have and since i want to send it to my nano ledger?  Thing is im confused if i have to pay around 25 dollars to withdraw usdt or usdc from binance to nano ledger?   But I see if its a different network, its only ten or twenty cents?



Bitcoin would cost around 22 dollars or so?

What is my best option here?  My issue with keeping that altcoin is im not sure if i could even sell it in the future because I cannot use many exchanges.  It is also an ETH coin so people say im going to pay lot of fees.


But if i trade it all for usdt/usdc... wouldn't i incur lot of fees as well?  I mean i dont mind keep usdt or usdc as its a stablecoin.




The thing that is confusing is what are the withdraw fees for btc, usdt and usdc on binance?  Because i see multiple different chains for each of these.


But I also have to make sure its compatible with the nano ledger as i heard usdt and usdc is only ETH chain?



Are those my three options that I list based on the coins I have and since i want to send it to my nano ledger?  Thing is im confused if i have to pay around 25 dollars to withdraw usdt or usdc from binance to nano ledger?   But I see if its a different network, its only ten or twenty cents?



Bitcoin would cost around 22 dollars or so?