![]() Next we actualy send the ADA from our source wallet (could be on an exchange, such as Binance) to the Yoroi wallet. Therefore, we go to the ledger store… Send your ADA from your private wallet to your Yoroi wallet #CARDANO ON LEDGER LIVE INSTALL#In order to stake your ADA using one of the Ledger’s, we would need to install either Daedalus or Yoroi on the ledger. So buying a Ledger Nano S is maybe not the most comfortable way on staking multiple crypto currencies, such as ADA. Keeping this in mind you, it invokes uninstalling and re-installing the staking apps on your Ledger (especially if you have some bigger staking apps, such as ATOM). However, the memory on the Nano S is pretty small. If you think about a Ledger Nano, there are basicaly two different versions out there:īoth Ledgers can basically stake Cardano using an additional plugin, called TODO.īefore you go out and buy one, one remark: We tried staking from Ledger Nano S on different currencies, and it works. ![]() The integration represents another step towards the greater use and availability of both the Cardano blockchain and its underlying Ada cryptocurrency.Ledger Nano hardware wallets are around for a couple of years already and broadly accepted. I am especially thrilled to see so many teams come together and cooperate on what really is ground breaking news in the industry, and foreshadow many more exciting commercial developments for Cardano in 2019.”Įmurgo is the official commercial arm of Cardano that provides value to ADA holders by “building, investing in, and advising” projects that adopt the Cardano blockchain. This is an event that many people have been looking forward to for the past year. “I am delighted at this integration finally being released to the public. The initiative was funded by the Cardano Foundation with support from Vacuum Labs and IOHK. #CARDANO ON LEDGER LIVE SOFTWARE#We are constantly working to respond to the needs of our customers, so we’re thrilled to officially welcome Cardano to the Ledger platform, offering ADA investors world class security for their crypto assets.” Software Contributions from EmurgoĪccording to the announcement, Emurgo developed the “Yoroi wallet” as the first official companion software to support the Cardano Ledger hardware wallet. “Our integration with Cardano is something the Ledger community has been looking forward to for a long time. In a statement from the CEO of Ledger, Eric Larchevêque: ![]() Now, Cardano enthusiasts can store, interact with, and invest in Ada using one of the leading hardware wallets on the market. Moreover, rather than having an exchange or other third-party control someone’s private keys, using a hardware wallet gives users complete control over their cryptocurrency, with scandals like QuadrigaCX iterating the need for self-custody. Storing private keys in cold storage-offline through the use of these hardware devices-is one of the safest options for crypto investors. A Secure Companion to AdaĪ study form Ledger showed there was still $850 million stolen from exchanges in 2018, emphasizing the need for secure hardware devices like Ledger. 27th, the popular Ledger Nano S announced support for Cardano’s cryptocurrency Ada. Ledger is one of the leaders in cryptocurrency hardware wallets globally with more than 1.5 million devices in circulation. Users will now be able to store and interact with their Cardano private keys through Ledger’s wallets. 27th, EMURGO-the commercial arm of Cardano- announced Ada support for the Ledger Nano S. ![]() Now, Ada investors can store, interact with, and invest in the cryptocurrency using one of the leading hardware wallets on the market. Cardano’s Ada is now supported on popular hardware wallet the Ledger Nano S. ![]()
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