![]() Secondly, you need to know what can be staked on Ledger. First and foremost, you need to have a clear understanding of what staking is and how it works. When it comes to staking on Ledger, there are a few things that you need to know. After doing so ,your transaction will be broadcastedtothe networkandyouwill startearning rewards! What Can You Stake on Ledger The final step is confirming everything is correct and then clicking on ��Confirm & Send Transaction” button. Once you are happy with the amount, click on ��Continue” once more time. You can either enter the amount manually or use the slider to adjust it based on what percentage of your total balance you want to stake. Next, you will need to specify how much of your selected currency you want to stake. Once you have entered and confirmed your passcode, click on ��Continue” again. If you haven’t already done so,Ledger will ask you to set up a 4-digit passcode for security purposes. Select the currency that you want to stake and then click on the “Continue” button. ![]() Currently, Ledger supports staking for several major cryptocurrencies including Bitcoin, Ethereum, Litecoin, Tezos, and Tron. On the next screen, you will be asked to choose which currency you want to stake. Then, click on the “Stake” button under the “Actions” menu. Once you’re logged into Ledger Live, click on the “Accounts” tab and select the account that you want to use for staking. Then, connect your Ledger device and enter your PIN code to unlock it. In this guide, we will show you how to stake on Ledger using the staking feature in the Ledger Live app.īefore you begin, make sure that you have the latest version of Ledger Live installed on your computer. Staking on Ledger is a process of holding funds in your wallet to support the network and earn rewards. Ledger is a cryptocurrency hardware wallet that offers safe storage for your digital assets. These platforms make it easy to set up and manage your staking operations.įinally, if you want to run your own validator node, the Solana community has created some helpful guides (including this one) that walks you through the process step-by-step. There are several third-party websites that offer staking services for Solana, such as StakeSol and StakeWithUs. Solana’s GitHub also has a helpful wiki page on staking, with detailed instructions on how to set everything up. The official Solana website has a dedicated page for staking, which includes all the necessary information and links. Here’s a rundown of where you can go to get started: ![]() If you’re looking to stake your Solana tokens, there are a few different options available to you. Not only do you stand to earn a healthy return on investment, but you also get peace of mind knowing that your funds are safe and secure with Ledger. TheLedger Solana staking rewards program is a great way to earn passive income from your SOL holdings. Once you have your wallet set up, simply follow the instructions on the Ledger Live software to begin staking your SOL tokens. If you don’t have one already, you can purchase one from the Ledger website. To participate in the Ledger Solana staking rewards program, all you need is a Ledger Nano S or X hardware wallet. That’s a significant return on investment, and it’s made possible by the fact that Ledger is one of the largest and most trusted providers of cryptocurrency wallets. With this program, you can earn up to 12% annually in SOL tokens. If you’re looking to get the most out of your Solana staking, then you’ll want to consider Ledger Solana staking rewards. Confirm the transaction on your Ledger device.Enter the amount you want to stake and click “Submit”.In the wallet, go to the “Stake” tab and select “Ledger” as your signer.Connect your Ledger device and open the Solana app on it.com/ and create a new wallet or import an existing one. ![]() Finally, wait for some time until your account is created and then start staking! Enter a name for your account and click on the “Create” button.Īfter that, you will need to confirm the transaction on your Ledger device. Once your device is connected, open the Staking tab in the Ledger Live interface and click on the “Create Stake Account” button. Then, connect your Ledger device to your computer and enter your PIN code. Next, open the Ledger Wallet app and select the cryptocurrency you want to stake from the list of options. First, make sure that you have the latest firmware installed on your device. If you want to stake your SOL tokens on Ledger, there are a few steps you need to follow. How Do You Stake a Solana With Ledger And Phantom?.
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