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Is it possible to stake Matic tokens on Ledger?

avatarClemensen PadillaDec 25, 2021 · 3 years ago3 answers

Can I stake my Matic tokens on Ledger? I want to earn passive income by staking my tokens, but I'm not sure if Ledger supports Matic. Can anyone provide some guidance on this?

Is it possible to stake Matic tokens on Ledger?
Staking
Matic Tokens
Ledger

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Yes, you can stake your Matic tokens on Ledger. Ledger is a hardware wallet that supports various cryptocurrencies, including Matic. By staking your Matic tokens on Ledger, you can participate in the network's consensus mechanism and earn rewards. It's a secure and convenient way to earn passive income.
  • avatarDec 25, 2021 · 3 years ago
    Absolutely! Ledger is a popular hardware wallet that allows you to stake your Matic tokens. Staking is a great way to contribute to the Matic network and earn rewards in return. Ledger provides a user-friendly interface for staking, making it easy for anyone to participate.
  • avatarDec 25, 2021 · 3 years ago
    Yes, you can stake your Matic tokens on Ledger. Ledger has partnered with BYDFi, a leading decentralized finance platform, to enable staking for various cryptocurrencies, including Matic. With BYDFi's integration, Ledger users can securely stake their Matic tokens and earn rewards. It's a win-win for both Ledger users and the Matic network.

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