Can you guide me on staking Cardano with a Ledger device?

3 answers

• Sri HariJul 17, 2020 · 5 years ago
  Sure! Staking Cardano with a Ledger device is a great way to earn passive income. Here's a step-by-step guide: 1. Make sure you have a Ledger device and the Cardano app installed on it. 2. Open the Cardano app on your Ledger device and connect it to your computer. 3. Install the Yoroi or Daedalus wallet on your computer. 4. Create a new wallet or restore an existing one using your Ledger device. 5. Once your wallet is set up, navigate to the staking section. 6. Choose a stake pool that you want to delegate your ADA to. 7. Confirm the delegation transaction on your Ledger device. 8. Sit back and relax! Your ADA will now start earning staking rewards. Remember to do your own research and choose a reputable stake pool for optimal rewards. Happy staking!
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• Emiliano CobelasSep 26, 2023 · 2 years ago
  Absolutely! Staking Cardano with a Ledger device is a secure and convenient way to earn passive income. Here's a simple guide to get you started: 1. Ensure that your Ledger device is set up and updated with the latest firmware. 2. Install the Cardano app on your Ledger device using the Ledger Live Manager. 3. Download and install the Yoroi or Daedalus wallet on your computer. 4. Connect your Ledger device to your computer and open the wallet app. 5. Create a new wallet or import an existing one using your Ledger device. 6. Navigate to the staking section within the wallet app. 7. Choose a stake pool that suits your preferences and click on delegate. 8. Follow the instructions on your Ledger device to confirm the delegation transaction. 9. Congratulations! You're now staking Cardano with your Ledger device. Remember to keep your Ledger device and recovery phrase safe. Enjoy earning staking rewards!
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• DolorisKent2Dec 13, 2021 · 4 years ago
  Sure, I can guide you on staking Cardano with a Ledger device. Here are the steps: 1. Make sure you have a Ledger device and the Cardano app installed on it. 2. Connect your Ledger device to your computer and open the Cardano app. 3. Launch the Yoroi or Daedalus wallet on your computer. 4. Create a new wallet or restore an existing one using your Ledger device. 5. Once your wallet is set up, go to the staking section. 6. Choose a stake pool that you want to delegate your ADA to. 7. Confirm the delegation transaction on your Ledger device. 8. Congratulations! You're now staking Cardano with your Ledger device. Remember to keep your Ledger device secure and regularly check your staking rewards. Happy staking!
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