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Tldr. You can’t do that. You have to transfer from Ledger to a USDC address on Binance then buy ETH. Or buy ETH on Ledger Live with your USDC and then transfer to the Binance ETH address
been away from crypto for a while but last I was aware of, you can only send crypto types to the same address. So if you’re sending USDC then you can only send it to another USDC address to get it off your Ledger wallet. You can’t send USDC to an ETH address. Or, if you have the ability to buy ETH from the exchange from Ledger Live, you can purchase ETH with your USDC. Or am I missing something here and there’s an exception for USDC? But last I checked that’s how all crypto worked