HL04 | LG - How to transfer ETH & USDC to a Ledger On The Arbitrum Network

Please ensure that you have followed the previous steps in our master guide for connecting FinRev with Hyperliquid before completing this step.

HL02 | LG - How to connect Hyperliquid to FinRev using Ledger

Important Note for US & UK users: Please ensure you have activated your VPN & set the location to Sydney, Australia prior to logging onto the Hyperliquid website.

1. Go to Coinbase, and go to the My Assets tab:

2. Click on “Send crypto” in the menu at the bottom right:

That will bring up this dialog box:

3. Open the Ledger Live application on your phone computer.
4. Click on 'Accounts'
5. Find and click on your 'Arbitrum (ETH)' account
6. Click on 'Receive'

7. Click 'Continue'

8. Connect & unlock your device

9. Open the 'Ethereum' app on your device

10. Verify that the address on your screen matches the one on your device
11. Click to copy the address

12. Click on 'Done'
13. Paste the wallet address in the box on Coinbase

14. Click on 'Add Contact'

15. Give the saved contact a name
16. Click the “Save” button:

17. Click on the address you just saved

18. Next, choose the token to send (in this case ETH):

19. Make sure you’re sending on the correct network, that matches with the network you chose at the destination (in this case Arbitrum):

20. Click on 'Yes, it's supported'

21. Enter the amount you want to send. If you want to send all that you have available to send (which will be shown near the bottom of the dialog box) just hit the “Max” button.

22. Check the transaction details. As a double check, make sure that the first 4 and last 4 characters of the address match the address you got from Ledger, and also that the network is correct.

NOTE: this part is very important - if you try to send to the wrong address, or select the wrong network, you WILL lose your tokens.

23. If everything looks correct, hit the “Send now” button:

24. At this point you may be asked to verify the transaction with 2FA or a passkey. Once you’ve completed that, you should get a confirmation that the ETH has been sent:

25. Click the “Done” button to close the dialog box.
26. Go back to the Ledger Live app on your computer to confirm that the ETH has been received there. It may take a couple of minutes to arrive, so don’t be concerned if it’s not immediate:

If it hasn’t arrived after a couple of minutes, it’s likely that Coinbase is holding it pending further verification or completion of one of their scam test. Check your email inbox and/or notifications on Coinbase, and complete whatever verification they ask for.

27. Navigate back to your Coinbase account
28. Click on 'My Assets > Cash (You should see your USDC balance there)
29. Click “Send USDC” in the menu on the right hand side.

That will bring up the same dialog box as in the ETH transfer, asking for the address to send to. You should be able to send to the address that you saved in the previous step, even though you’re sending USDC this time rather than ETH, because both are being sent on the Arbitrum One network and Ledger has a single Arbitrum receiving address.

30. Click on your saved Ledger address
31. Double check that the address matches by going back to your Ledger Live app and pulling up the receiving address for USDC on Arbitrum One:
32. Once you’ve selected & verified the address, choose the network (Arbitrum again)
33. Enter the amount you wish to send in exactly the same way as you did for ETH.

That should bring you to the confirmation screen:

34. Again, make sure you double check the address and the network!
35. Click “Send now” to initiate the transaction. Once it is confirmed by Coinbase, you can then head back over to the Tangem app to verify that the USDC arrives in your Tangem wallet:

That’s it! You now have ETH and USDC, both on the Arbitrum One network, in your Ledger wallet.

If you're viewing this guide to complete your onboarding to FinRev, this is Guide # 4 from our Master Guide. Please return to the Master Guide linked below once all steps are completed to work through the remainder of the steps.

HL02 | LG - How to connect Hyperliquid to FinRev using Ledger