Ledger Live App
Take charge of your financial future with Ledger Live App. Gain insights, execute transactions, and stay ahead effortlessly. Get started now!
Last updated
Take charge of your financial future with Ledger Live App. Gain insights, execute transactions, and stay ahead effortlessly. Get started now!
Last updated
As of my last update in January 2022, Ledger Live does not directly support staking of cryptocurrencies. Staking involves actively participating in a blockchain network by holding and locking up a certain amount of cryptocurrency to support network operations and earn rewards in return.
However, while Ledger Live itself doesn't facilitate staking, you may still be able to stake supported cryptocurrencies by utilizing third-party staking platforms or services that are compatible with Ledger hardware wallets. These platforms typically allow you to delegate your staking balance to a pool or validator node, enabling you to earn staking rewards while maintaining control of your funds through your Ledger device.
It's essential to research and choose reputable staking platforms that support Ledger hardware wallets and offer the staking services you're interested in. Additionally, be mindful of the risks associated with staking, such as slashing penalties for validator misbehavior or the potential loss of staked funds in the event of network issues.
While Ledger Live doesn't directly support staking, you can still use it in conjunction with third-party staking platforms to manage your staking balances and monitor your staking rewards alongside your other cryptocurrency holdings.