Lédger® Live Staking — Earn Rewards With Your Crypto
Lédger® Live Staking — Earn Rewards With Your Crypto
Lédger® Live Staking refers to using Ledger’s crypto management ecosystem to stake supported digital assets and potentially earn blockchain rewards. The application formerly known as Ledger Live is now called Ledger Wallet™. It provides access to staking opportunities while your private keys remain secured by your Ledger hardware device.
Staking is a process used by Proof-of-Stake blockchains to help maintain network security and validate transactions. Users commit eligible crypto assets to a staking mechanism and may receive rewards according to the network and selected staking method.
Self-custody: Your private keys remain secured on your Ledger signer.
Integrated experience: Staking opportunities can be accessed through the Ledger Wallet Earn section.
Multiple methods: Depending on the asset, options can include native, delegated, pooled, or liquid staking.
Transaction verification: Staking transactions are reviewed and approved through the Ledger hardware device.
Portfolio visibility: Eligible assets and active earning positions can be displayed within the application.
Before beginning, make sure your Ledger hardware wallet is functioning correctly.
Charge or connect your device.
Keep your PIN private.
Confirm that your device is genuine and properly configured.
Never disclose your Secret Recovery Phrase.
Launch the official Ledger Wallet™ application on your supported computer or mobile device.
Open the application.
Connect and unlock your Ledger device.
Select the appropriate account.
Navigate to the available earning or staking features.
Ledger describes the Earn section as an interface for discovering staking and other yield opportunities based on assets held in your portfolio.
Not every cryptocurrency supports staking. Depending on current availability, Ledger Wallet can provide staking opportunities for assets such as ETH, SOL, DOT, AVAX, TRX, POL, and BNB, among others. Availability can change as integrations are added or updated.
Before committing funds:
Check the supported asset.
Review the staking method.
Examine applicable fees.
Understand potential lock-up or unbonding periods.
Review the provider information.
Different networks offer different approaches.
Native Staking: Assets participate directly in a network's staking system through a validator.
Delegated Staking: You delegate eligible assets to a validator without operating validator infrastructure yourself.
Pooled Staking: Multiple participants combine their assets, potentially reducing the amount required to participate.
Liquid Staking: A provider may issue a liquid staking token representing the staked position, subject to the specific protocol's terms.
Carefully examine the staking transaction displayed by Ledger Wallet and your Ledger device.
Confirm the asset.
Check the amount.
Review the validator or provider.
Examine applicable network and service fees.
Approve the transaction only when the information is correct.
Your private keys should remain protected by the Ledger signer during the signing process.
Staking does not guarantee profits. Crypto prices can decline even when staking rewards are being earned. Depending on the network and provider, users may also encounter:
Market-price volatility
Validator or protocol risks
Slashing risks
Network fees
Unbonding or withdrawal periods
Smart-contract risks with certain staking methods
Therefore, always understand the specific conditions before committing cryptocurrency.
Download Ledger software only from official Ledger sources.
Never share your recovery phrase.
Never enter your recovery phrase into a website.
Verify staking details on your hardware device.
Ignore unsolicited messages requesting wallet credentials.
Research the staking provider before approving a transaction.
Lédger® Live Staking provides a convenient way to explore staking opportunities through Ledger's self-custody ecosystem. Since Ledger Live is now known as Ledger Wallet™, users may encounter both names in older guides and search results.
Staking can provide potential rewards, but it also involves financial and technical risks. Use official Ledger software, carefully review every transaction, and keep your recovery information private at all times.