![]() ![]() With Ledger Live, users can stake through a single app while keeping their assets safe with Ledger’s hardware without compromising freedom and control of their private keys. While staking ALGO is currently available through several major exchanges and wallets, they do not provide the same level of security and optionality as Ledger hardware wallets. After announcing the staking feature last year, Ledger continues to add new staking options: Algorand (ALGO) becomes the fourth staking option available in Ledger Live. With Ledger Live, users can securely buy, store, and manage digital assets while ensuring top security through Ledger hardware wallets. Ledger Live continues to deliver on its promise to become an all-in-one app for crypto owners. In addition, Ledger can be used to manage Algorand Standard Assets (ASA), which includes stablecoins (such as USDT), loyalty points, system credits, and single, unique assets issued on the Algorand blockchain that benefit from the same security, compatibility, speed, and ease-of-use as the ALGO. Ledger users will be able to securely hold, transact, manage, and stake ALGO directly with their smartphones or desktop using Ledger Live. #Ledger live stake softwareLedger, the global leader in security and infrastructure solutions for critical digital assets and blockchain applications, announced today support for Algorand (ALGO) and Algorand Standard Assets (ASA) in its software application, Ledger Live, bringing the total amount of supported coins to 27 and more than 1500 tokens. Please note that this is a Ledger Live announcement. As of this writing, approximately 64% of all DOT in circulation is at stake.Enabling users to manage ALGO and Algorand Standard Assets (ASA) directly through the Ledger Live software app With over $24 billion in staking funds, DOT is just $4 billion behind Cardano (ADA). Despite the minor retrace during last week’s market crash, DOT is still 350 percent higher than YTD, which currently exceeds $36.Īccording to, the token is also the second-most used coin for staking. #Ledger live stake full$8, but in the following months, it took full advantage of the bullish developments. The asset entered the new year at approx. Of late, DOT is among the best cryptocurrency price performers. Polkadot digital native asset – DOT – has officially become the fifth coin that Ledger Live users can deploy for staking. It could be particularly advantageous for newer DOT holders seeking a more straightforward staking guide without sacrificing private keys ownership and control. Polkadot’s Ledger Live integration means that users can gain the security advantages of keeping their secret key safe on a Ledger hardware system while still managing their accounts and doing staking activities in a single, convenient app. In addition to storing crypto assets, Ledger Live allows users to keep track of and maintain holdings even when the wallet is not nearby. ![]() The statement reads that Polkadot will assist the wallet provider in its software application and connect it to Ledger Live – a smartphone app running alongside the Ledger hardware wallet. Now you can use your Ledger hardware to log transactions from your Ledger Live app to manage your accounts and connect with your network, like staking DOT. ![]() ![]() Ledger Live is the cryptocurrency management all-in-one application of Ledger. Over 1.5 million units have been sold by Ledger’s famous Nano S and Nano X wallets. Used in conjunction with Polkadot-JS applications, Ledger Nano S and Nano X devices were previously supported. It revealed plans to bring a new blockchain project to the Ledger community, Polkadot, with its cryptocurrency (DOT) in a press release. This year alone, the Polkadot price has jumped by more than 360%, bringing its total market cap to more than $34.17 billion.įounded in 2014, Ledger is a digital asset wallet provider that prides itself as a global leader in security and infrastructure solutions to safeguard critical cryptocurrencies. Polkadot (DOT) has grown to become one of the most significant blockchain projects in the world. Ledger will allow users to directly stake DOT coins on the website, thus raising to five the total number of staking options. The popular hardware wallet provider, Ledger, just added Polkadot to its wide variety of supported tokens. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |