Ledger is working with Compound (COMP), Aave (AAVE) to allow users to lend DAI, USDT and USDC through their decentralised finance (DeFi) protocols. To use this feature you will need: Ledger device, Ledger Live, the app for the crypto you want to swap and receive, and finally the exchange app. How this works is you send your cryptocurrency from your device to the exchange, which will then send you back the swapped cryptocurrencies. Ledger has released a Ledger Swap feature which allows users to exchange their cryptocurrencies through their partners Challengly, Wyre, Paraswap and 1inch. Lastly, claim your rewards by clicking “Claim” in your relevant account. Secondly, vote for your validator(s) who will be making the blocks on your network and the cryptocurrency earned by making these blocks will be redistributed to voters. There you will be allowed to select the amount in your wallet you wish to freeze. Staking is done in 3 simple steps for coins that can be staked on Ledger Live.įirst, freeze your assets by logging onto Ledger Live, choosing the relevant account for the asset you wish to stake and click “earn rewards”. This feature expands Ledger into more than just a secure place to store your cryptocurrency, it can even help you grow your digital assets.ĭepending on the coin, staking can be done natively on the Ledger Live app, or through a dedicated wallet that is hardware wallet compatible, such as Yoroi Lite for ADA (Cardano). Users can lock up their cryptocurrencies and in return they get interest. Ledger Live allows for staking a growing number of coins, including ETH (Ethereum), SOL (Solana), ATOM (Cosmos) and DOT (Polkadot). Unique staking features so you can EARN cryptocurrency whilst keeping them secure.Affordable price- suitable for beginners who want a cheap and reliable hardware wallet.
Top of the line security to keep your cryptocurrencies safe and secure from hackers.(Of course, I'm trying to learn more on my own as well.
(I'm not clear that I've actually paid that money, or if it will be levied later, but my Ledger balance reflects the accurate amount I send to it.Īpologies for the off-topic question, but appreciate anyone willing to help educate me. But in my Ledger Live software, the transaction looks like it charged me $41.
#Ledger live fees vs coinbase pro
On a side note: I didn't notice a hefty fee in Coinbase Pro when I sent the $100. Was the the right way to move BTC from Pro to Ledger? While I do see the funds reflected in Ledger, I feel like there should be an easier way to select a USD amount (instead of a BTC amount to transfer when sending to Ledger.) that was harder than I thought it should be.) I had to keep fiddling with the BTC amount until it fell under 100.
#Ledger live fees vs coinbase how to
(This was hard because I didn't know how to convert BTC to USD easily, so I wasn't really sure what amount I was sending until it actually went through.) It was my first test, so I only wanted to send $100 or so. Manipulated the BTC amount to reflect the amount I wanted to send. Sorry, I don't have an answer, and this is an off-topic (yet related) question:Ĭan someone please confirm that I'm transferring correctly? (I'm fairly new to using Coinbase Pro and a Ledger.) This is what I did: