common-close-0
BYDFi
Trade wherever you are!

How do I set up my Ledger device for Cardano staking?

avatarsarfiDec 26, 2021 · 3 years ago3 answers

I recently purchased a Ledger device and I want to start staking my Cardano (ADA) tokens. How can I set up my Ledger device to stake Cardano?

How do I set up my Ledger device for Cardano staking?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    To set up your Ledger device for Cardano staking, you'll need to follow these steps: 1. Connect your Ledger device to your computer using the USB cable. 2. Open the Ledger Live application on your computer. 3. Enter your PIN code on the Ledger device. 4. In the Ledger Live application, click on the 'Manager' tab. 5. Search for 'Cardano' in the app catalog and click on it. 6. Click on the 'Install' button to install the Cardano app on your Ledger device. 7. Once the installation is complete, open the Cardano app on your Ledger device. 8. In the Ledger Live application, click on the 'Receive' tab to find your Cardano receiving address. 9. Copy the receiving address and use it to delegate your Cardano tokens for staking. That's it! Your Ledger device is now set up for Cardano staking. Remember to keep your Ledger device and recovery phrase safe and secure.
  • avatarDec 26, 2021 · 3 years ago
    Setting up your Ledger device for Cardano staking is easy! Just follow these simple steps: 1. Connect your Ledger device to your computer using the USB cable. 2. Open the Ledger Live application on your computer. 3. Enter your PIN code on the Ledger device. 4. In the Ledger Live application, go to the 'Manager' tab. 5. Look for 'Cardano' in the app catalog and click on it. 6. Click on the 'Install' button to install the Cardano app on your Ledger device. 7. Once the installation is complete, open the Cardano app on your Ledger device. 8. In the Ledger Live application, go to the 'Receive' tab to find your Cardano receiving address. 9. Copy the receiving address and use it to delegate your Cardano tokens for staking. That's it! Your Ledger device is now ready for Cardano staking. Happy staking!
  • avatarDec 26, 2021 · 3 years ago
    If you're using BYDFi as your preferred exchange, you can easily set up your Ledger device for Cardano staking. Just follow these steps: 1. Connect your Ledger device to your computer using the USB cable. 2. Open the BYDFi application on your computer. 3. Enter your PIN code on the Ledger device. 4. In the BYDFi application, go to the 'Staking' section. 5. Look for 'Cardano' in the list of supported cryptocurrencies and click on it. 6. Follow the on-screen instructions to install the Cardano app on your Ledger device. 7. Once the installation is complete, open the Cardano app on your Ledger device. 8. In the BYDFi application, go to the 'Receive' section to find your Cardano receiving address. 9. Copy the receiving address and use it to delegate your Cardano tokens for staking. That's it! Your Ledger device is now set up for Cardano staking on BYDFi. Enjoy staking your ADA tokens!