Staking Sol with Ledger Live: Simplified Step by Step

Hey there If you’re a SOL holder and want to make the most out of your tokens staking them can be a fantastic option . The good news is that you can now stake your SOL directly through the Ledger Live app thanks to the awesome partnership between Ledger and Figment . In this article we’ll take you through the step by step process of staking SOL using Ledger Live , so sit back , relax and let’s get started.
First things first make sure you have the latest version of Ledger Live downloaded from their official website . You’ll need version 2.42 or above to make the magic happen . Also don’t forget to have your Solana account set up and ready to go . Once that’s done click on the “Receive” button to generate a Solana deposit address . It’s super important to double check that the address displayed in Ledger Live matches the one on your Ledger Nano hardware wallet . Once you’re confident about the match go ahead and approve the process on both your Ledger Live app and your trusty Nano device . Now it’s time to fund your Solana account by transferring some SOL tokens to this address . The cool thing is you only need around 0.02 SOL to kickstart your staking journey . After the transaction goes through you’ll see your SOL balance showing up in Ledger Live . This means your account is now funded and ready for some delegation action .

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