Being in beta should not compromise the security of your assets, but you will only be able to install them in developer mode. Instructions Mac installation Windows installation Linux installation Ledger Live is available on desktop and mobile. You’ll also need an adapter for USB-C ports. Installing Applications on Your Ledger Deviceįirst, ensure that your Ledger Live software settings have 'developer mode' turned on, which can be found in 'experimental features.' There are a number of networks with Ledger applications that are still in beta. Ledger Live is compatible with Windows 8.1+, macOS 10.14+, and Linux (64-bits desktop computers excluding ARM processors). Cosmos, Tezos, Ethereum) and 4) you can optionally create a Ledger Live account to manage your assets-however, you can use your Ledger device to interact with most popular wallets instead. The Ledger website published a four-step process to getting started, where you can 1) download the Ledger Live software for your computer or mobile device, 2) choose a PIN for your device and back up (and carefully protect) your seed recovery phrase, 3) install the applications on your device (eg. The Ledger team published a 1-minute video demonstrating how to move funds from Binance to a hardware wallet. Why? Because a hardware wallet prevents your private key from being exposed to the Internet or malicious software by generating the transaction independently from your computer. There are a number of different ways to do this, and we recommend using a Ledger hardware device. The owner of the private key owns the digital assets, so it must be protected at all times. Self-custody means that the owner(s) of digital assets control the private key that enables the transfer of their digital assets. If you have substantial assets on an exchange, we strongly suggest finding another custody solution, such as self-custody. There are many examples of this happening in the past. If the exchange is compromised, your assets can be irrecoverably lost. Input the amount of stETH you would like to swap to ETH.If your assets are on an exchange, the exchange controls your assets and gives you permission to move those assets off of the exchange. Select “Swap” and change the settings to your preference.Īfter approving the transaction, a prompt will appear to finalize the transaction.Īfter finalizing, you have successfully swapped stETH to ETH. Under “Receive”, change the token to “ETH”. Under “Pay”, change the token to “STETH” by “Importing” the token. Go to the “Discover” tab in the Ledger Live menu (on the left) and install “ParaSwap”. Ledger Live is just the interface for managing cryptocurrencies All necessary keys are on the hardware wallet itself. How to unstake using ParaSwap or Curve ParaSwap You can easily install Ledger Live on a new computer and link your old hardware wallet again. Please note, rewards are displayed as daily balance changes, and not as incoming transactions. The lower the fee, the slower the transaction will process. Once you are at the Lido staking page in Ledger Live, input the amount of Ethereum you would like to stake.Ĭhoose your preferred fees. Steps 1-4 are unnecessary if you already added an Ethereum account. Go to the “Discover” tab in the Ledger Live menu (on the left) and install “Lido”. Do not share your private keys with anyone.Īfter installing, select “Add Account” and “Continue”.Īfter synchronizing, select “Add Account” and select “Done”. Hardware wallets guarantee a sense of security, mitigating risks associated with other wallets that are vulnerable to malicious attacks. Ledger wallets are hardware wallets that allow for secure storage of cryptocurrencies. Users can use their stETH in a variety of DeFi protocols. Once Ledger Live is found, click the 'Install' button to install it for. Click on Google Play Store and navigate to the search box to search Ledger Live. After the installation process, launch the Nox Android emulator and log in using your Google account when it asks you. This is done through the use of Lido’s stETH token, a liquid variant of staked Ethereum that rebases daily to reflect staking rewards. Follow the on-screen instructions to install NoxPlayer onto your computer. Users can now stake their Ethereum with Lido using Ledger Live! Lido is a liquid staking solution that allows stakers to participate with the DeFi ecosystem whilst staking their Ethereum on the beacon chain.
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