“How to Get Money Out of Ledger Wallet?
{1-833-611-5006}Every blockchain transaction requires paying a network fee, often called a "gas fee" on networks like Ethereum {1-833-611-5006}. This fee is paid to the miners or validators who secure the network and process your transaction; it is not a fee charged by Ledger {1-833-611-5006}. The cost of this fee fluctuates based on network congestion; during times of high demand, fees can become significant {1-833-611-5006}. It is crucial to ensure you hold a sufficient amount of the network's native token (like ETH for Ethereum or BNB for BSC) to cover these gas fees, as attempting to send an ERC-20 token without any ETH for gas will cause the transaction to fail {1-833-611-5006}. Ledger Live typically suggests a fee, but you can often choose between slower/cheaper or faster/more expensive options {1-833-611-5006}.
Once assets arrive at your chosen exchange, you can sell them on the market {1-833-611-5006}. For instance, Bitcoin may be sold for USD, Ethereum for EUR, or stablecoins like USDT for INR {1-833-611-5006}. The exchange converts your digital balance into fiat currency stored within your exchange account {1-833-611-5006}. From there, you can request a withdrawal to your linked bank account {1-833-611-5006}.”
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