Looking for a way to make your crypto work for you while keeping it safe? With Ledger Live Earn, you can stake your crypto directly from a Ledger hardware wallet. This means you maintain full control, using trusted providers like Lido, Kiln, and Coinbase’s ETH staking pools. A single dashboard lets you see your earnings and rates easily. Plus, you verify every step on a secure display, guarding against scams.
Staking with Ledger Live is simple. You can move funds, select a validator, and start staking in a few clicks. Choose from several staking options, including solo or pooled staking. You’ll even get rewards like stETH tokens for liquidity. These rewards are sent right to your wallet. And you keep control of all fees, providers, and assets.
Ledger Live Earn is compatible with big networks like Ethereum and Solana. With more, like Cardano, coming soon. You can see which assets work, check their earnings rate, and view your total balance. This setup lets you manage your staking and other investments safely in one place.
Staking through Ledger Live is different than using exchanges such as Binance or Kraken. It’s safer because you choose your validators and keep your private keys secure. Whether you use solo or pooled staking, Ledger Live Earn keeps your crypto growing. All while boosting network security and leaving the power in your hands.
Key Takeaways
- Stake directly from a Ledger hardware wallet for true self-custody and secure staking.
- Use Ledger Live Earn to track eligible assets, APR/APY, and staking rewards in one dashboard.
- Access vetted providers, including Lido, Kiln, Coinbase’s ETH staking pools, Stader, Yield.xyz, and Ledger by Figment.
- Choose solo, delegated, pooled, or liquid staking; receive tokens like stETH for DeFi use.
- Confirm every action on the device to reduce phishing and blind signing risks.
- Unstake according to each chain’s rules; rewards deposit directly to your wallet.
- Keep control versus exchange staking while pursuing passive income from crypto staking.
What is Ledger Live and How Does It Work?
With the Ledger Live app, you connect your hardware wallet to a one-stop spot. It’s where you can buy, switch, and earn without risking your keys. Every transaction detail is shown clearly on your device for approval.
Overview of Ledger Live
Think of Ledger Live as your go-to for staking and partner services. It shows all your staking in one place, so you stay organized. The app works on both desktop and mobile, letting you manage your investments easily.
You’re safe from phishing because everything happens through secure connections. You see transaction info right on your device and approve with just a tap. This keeps you in control and your assets secured by you.
Key Features and Benefits
- Secure staking flows: keys never leave the hardware wallet, and clear signing is enforced.
- Comprehensive dashboard: earnings, APR/APY, and staked versus eligible assets in one view.
- Validator choice: delegate to reputable operators, including Ledger by Figment where offered.
- Multiple methods: solo staking via Kiln for 32 ETH steps, delegated staking for Solana and Cosmos, pooled options with Coinbase and Kiln, and liquid staking through Lido and Stader.
- Self-custody rewards: payouts land in your Ledger-protected account, not on an exchange.
Using Ledger Live means you can choose validators without hidden fees and keep control of your keys. These features make it easier to handle your crypto while staying in charge.
Supported Cryptocurrencies
Ledger Live supports many coins for staking, like Ethereum, Solana, and Tezos, to name a few. It also adds more through partners, giving you lots of options. Cardano is expected to be added soon.
Each network has its own rules for staking, like minimum amounts and reward rates. Before starting, review these carefully. You can add funds directly in the app or transfer them in. The Ledger Live app is designed to be clear and safe for anyone to use.
Getting Started with Ledger Live Earn
Begin by preparing your device, installing the app, and unlocking Earn. Make sure to set up Ledger Live smoothly and keep it updated. This lets you use the newest networks and keep your money safe. Always confirm actions on your device to stay in charge of your funds.
Setting Up Your Ledger Device
Set up your Ledger with a secure PIN and keep your 24-word recovery phrase safe offline. Update your device’s firmware before you stake to work well with Ledger Live. This includes working with new features like Coinbase ETH staking. Add the coin apps you’ll use, such as Ethereum, Solana, and Cosmos.
Create Ledger Live accounts for each coin to get transfers and start staking. Make sure the Ethereum app is ready for staking ETH or using services like Lido.
Downloading and Installing Ledger Live
Download Ledger Live from a trusted source and install it on your device. Connect your Ledger and let the app find it. Update Ledger Live after pairing to get new Earn features, more networks, and better signing.
Add funds through in-app partners or by transferring from another wallet or exchange. Check that Ledger Live works well on your system for hassle-free pairing and syncing.
Enabling Earn Features
Go to the Earn tab to see which coins you can earn on, check returns, and view your stakes. Pick Earn in an account to stake or join a staking pool. You can choose from various options like Ledger validators, Coinbase pools, Lido, and solo staking with Kiln for bigger ETH amounts.
- Look at the terms, fees, and how to get your money back before starting.
- Always confirm each action on your Ledger to sign safely.
- Keep an eye on assets like ETH and SOL in your dashboard with tools like Yield.xyz as they become available.
Staking rewards go directly to your accounts, with you keeping control of your keys. Stay up to date with Ledger Live to use new Earn services and ensure it works with expanding networks like AVAX and TRON.
Staking Your Crypto on Ledger Live
With Ledger Live, your crypto works for you while you stay in control of your keys. By staking, you support the network and get the chance to propose or validate new entries. Rewards, based on your stake size, time spent, and the rules, come in the network’s tokens. Ledger Live makes it easy to manage your staking, from picking validators to tracking your earnings, all while keeping your digital assets safe.
Understanding Staking and Its Benefits
Staking strengthens chains like Ethereum, Solana, and Cosmos. By supporting a validator, you earn shared rewards, but there’s a risk if they misbehave. With Ledger Live, you choose well-known validators and can also engage in liquid staking through Lido or Stader for extra DeFi flexibility. Options like Coinbase ETH Pools make starting easier, and Kiln caters to both small and large ETH investors.
Step-by-Step Guide to Staking
Start by setting up an account for your asset on Ledger and install the necessary app. You can add funds directly through partners or from another wallet you own. In the Earn section, you can delegate, join pooled staking, go big with Kiln, or opt for liquid staking.
Choose the amount to stake, then confirm it on your Ledger device. Use the Earn dashboard to track your rewards from popular coins. For Coinbase ETH Pools, keep your Ledger and its apps up to date. This method ensures you always have control of your assets while enjoying the versatility Ledger Live offers.
Tips for Maximizing Your Earnings
Spread your investments across different staking methods to manage your returns and risks better. Carefully pick validators based on their fees and reliability, and consider liquid staking for flexibility and extra earnings. Keep an eye on APRs and always update your Ledger Live to avoid missing out on potential gains.
Remember, unbonding times can vary and might hold up your withdrawals. Stick with recommended providers to stay safe, and always double-check transactions on your Ledger device. By following these strategies and using Ledger Live’s tools, you can enjoy consistent earnings, remain in charge of your assets, and expand your crypto portfolio securely.
FAQ
What is Ledger Live Earn and how does staking work with a Ledger hardware wallet?
Ledger Live Earn is the staking hub inside the Ledger Live app. You can stake and track rewards while keeping your private keys safe on your Ledger hardware wallet. You check details on the device and confirm with a button press, protecting against unknown approvals and phishing.
How does Ledger Live keep my staking secure compared to exchanges?
In Ledger Live, you always control your keys—they stay on your device. Before you confirm, you see clear info on the hardware wallet about amounts, addresses, and fees. This way, you avoid exchange fees and keep total control of your assets and rewards.
Which staking providers are available in Ledger Live?
Ledger Live offers staking with trusted providers like Lido, Kiln, Coinbase ETH staking pools, Stader, Yield.xyz, and Ledger by Figment’s validators. These are safely integrated into the app, so you don’t need to click on any risky links.
What coins can I stake or track in the Earn dashboard today?
Today, the Earn dashboard lets you track and stake ETH, stETH, SOL, ATOM, XTZ, and NEAR. You can also stake AVAX, DOT, TRON, POL, BNB, and CRO through Yield.xyz. More options like Cardano (ADA) are coming soon.
What are the main staking methods supported in Ledger Live?
You can pick from various staking methods in Ledger Live. Choose solo staking with Kiln for 32 ETH, or delegate to validators like Solana and Cosmos through Ledger by Figment. There’s pooled staking with Coinbase ETH and Kiln, and liquid staking with Lido and Stader where you get LSTs like stETH.
How do I set up my Ledger device to start staking?
Start by setting up a secure PIN on your Ledger and store the recovery phrase safely offline. Update the firmware, install coin apps like Ethereum, Solana, or Cosmos, and create coin accounts in Ledger Live. Then you can enable staking flows.
Conclusion
Ledger Live Earn makes staking simple, secure, and fully under your control. Unlike exchanges, your private keys never leave your Ledger hardware wallet, keeping your assets safe at all times. Whether you choose solo, delegated, pooled, or liquid staking, you benefit from trusted providers, transparent fees, and direct reward payouts. With support for leading networks like Ethereum and Solana—and more being added regularly—Ledger Live Earn helps you grow your crypto while staying in charge of your funds. It’s a practical way to earn passive income and strengthen blockchain networks, all from one secure dashboard.