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Is it possible to stake Matic tokens on Ledger?

H297_ Vera Alissiya PutriMay 06, 2022 · 3 years ago3 answers

Can I stake my Matic tokens on Ledger? I want to earn passive income by staking my tokens, but I'm not sure if Ledger supports Matic. Can anyone provide some guidance on this?

Staking
Matic Tokens
Ledger

3 answers

  • May 06, 2022 · 3 years ago
    Yes, you can stake your Matic tokens on Ledger. Ledger is a hardware wallet that supports various cryptocurrencies, including Matic. By staking your Matic tokens on Ledger, you can participate in the network's consensus mechanism and earn rewards. It's a secure and convenient way to earn passive income.
  • May 06, 2022 · 3 years ago
    Absolutely! Ledger is a popular hardware wallet that allows you to stake your Matic tokens. Staking is a great way to contribute to the Matic network and earn rewards in return. Ledger provides a user-friendly interface for staking, making it easy for anyone to participate.
  • May 06, 2022 · 3 years ago
    Yes, you can stake your Matic tokens on Ledger. Ledger has partnered with BYDFi, a leading decentralized finance platform, to enable staking for various cryptocurrencies, including Matic. With BYDFi's integration, Ledger users can securely stake their Matic tokens and earn rewards. It's a win-win for both Ledger users and the Matic network.

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