Product Update: More ERC20 tokens & Whitelisting
If you haven’t heard the news yet, we’ve added four new tokens to the CL Platform.
We’re incredibly pleased to introduce USDT, USDC, EURT & BXX for funding via the Ledger Nano hardware wallet and external wallets.
But that’s not all that’s changing…
New and improved Whitelist functionality
We’ve also got a new secure sending flow on our platform. You can now securely transfer funds to external addresses via our Whitelist functionality.
Whitelisting is a security feature in the platform that allows crypto withdrawals to only go to your trusted addresses. This allows you to safely withdraw to verified addresses.
Not only is this secure, but it’s super convenient too. When you add a wallet to your Whitelist, you won’t have to worry about manually typing in the address the next time you want to transfer funds. This also removes the risk of sending funds to the wrong address.
How does it all work?
Need more details? Not to worry.
We’ve put together a quick step-by-step guide on:
- Adding wallet addresses to your Whitelist
- Removing wallet addresses from your Whitelist
- Sending funds to an external address.
Read on for everything you need to know.
How to add external wallet address to Whitelist
To transfer your funds to an external wallet address, you will first need to add these addresses to your Whitelist. Here’s how it works:
- Login to your CL account
- Select User settings
- Go to Address Management and select Manage
- Select Add New Address
- Select Add external address
- Name your address and enter its details, then select Confirm
- Enter the Two-Factor Authentication code sent to you and select Verify
- Done — you have successfully added an external address to your Whitelist
Alternatively, you can do all of these steps above within the Send functionality of the platform.
How to remove from Whitelist
If you want to remove an address to send funds to, here’s what you need to do.
- Login to your CL account
- Select User settings
- Go to Address Management and select Manage
- Select the trash icon to remove address
- Review address to remove then select Confirm
- Enter the Two-Factor Authentication code sent to you and select Verify
- Done — you have successfully removed an address from your Whitelist
How to send funds to an external wallet address
Have an address outside Ledger Live? You can easily transfer your funds to an external address by following these steps.
- Login to your CL account and go to Accounts
- Go to your chosen token and select Send
- Enter the amount you wish to transfer
- If you already have a Whitelisted address, this will be displayed and selected by default
- If you want to use another Whitelisted address, simply choose Select another whitelisted address
- Select external address from your Whitelist
- Review amount then select Continue
- Review transaction details then select Confirm and continue
- Done — you have successfully sent funds to an external address
