I’ve accumulated some AVAX on my coinbase.com account. I’m in the process of upgrading my crypto security, by moving my crypto assets from Coinbase to a Ledger Flex cold wallet.
Ledger Flex on its “Select Asset” list offers only one blockchain app for AVAX which it identifies as “Avalanche C-Chain.” The Select Asset list also references a second AVAX (same name; different color logo; no mention of a chain) that it says has no blockchain app because it trades natively on Etherium.
I’ve installed the AVAX blockchain app on the Ledger Flex with the intention of moving my coinbase AVAX the address that Ledger provides for that app on my Flex cold wallet. Before I pull the trigger, can you confirm that the Avalanche C-Chain app is the right target for a transfer of AVAX out of a coinbase.com account?
Hi there, there is only one Ledger application for the Avalanche blockchain. Installing that application will cover all 3 of the Avalanche chains (X, P, and C).
Coinbase only offers withdrawals on the Avalanche C-Chain, yes, for the Avalanche network. Please be cautious using any other exchange as there are multiple other blockchain networks that have an AVAX token, but they are not on the Avalanche network.
For additional questions or support, please email the Avalanche support team at support@avax.network or via live chat at https://support.core.app. Any DMs or replies from accounts that are not admin are scam and should not be interacted with.
Thanks Amanda. That’s the answer I was looking for. I’ve now completed the process—installing the Avalanche chain app on the Ledger Flex, downloading the public key for transfers to it, and instructing Coinbase.com to transfer my AVAX to that address. Mission accomplished!
Note and warning for any readers of this thread. Mere minutes after asking my question a fraudster pretending to be from Avalanche somehow flagged me here and invited me to chat with them at a site called livechatsdesk dot com where I was supposed to type in my Ledger 24-word pass phrase. Had I done that, I surely would have lost all my Ledger assets, Avax and non-Avax alike.
Not to mention the various direct messages I’ve received from an assortment of other sketchy helpers….