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While the Ledger Nano X cost is slightly higher than other crypto wallets compatible with Solana, it’s worth the high security and keeping your SOL safe. It’s one of the safest hardware wallets for staking, NFTs, and Defi, and accessing many features not provided by other wallets.
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Ledger Nano S/X is the most popular and secure hardware wallet. It allows users to store multiple coins and currently supports more than 10 coins for staking. Ledger app is available for desktop and mobile devices which allow users to earn passive income through staking rewards.
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Best Staking Wallets In 2021 #1. Ledger Wallet [Recommended] Ledger wallet is one of the most popular, trusted, and secure crypto wallets in the market for storing cryptocurrency. And, also it allows you to stake more than 10 coins securely. You can stake coins either using Ledger Live, the desktop application, or through your Ledger device.
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Not many hardware wallets support these coins natively, however, almost all hardware wallets support an array of ERC-20 tokens and your main-stream coins, like BTC and ETH. Secux V20: Security The SecuX V20 is placed with a CC EAL 5+ Certified Security Element (SE) which always ensures that stored private keys, as well as the device PIN code .
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However, blue-chip coins such as Bitcoin or Ethereum may be the best cryptocurrencies for investors seeking relatively safer investments for the long-term, just given their current market position.
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Ledger Nano along with the Ledger Live application allow you to stake eight coins including Algorand (ALGO), Tezos (XTZ), Cosmos (ATOM), Tron (TRX), Ethereum (ETH) and Polkadot (DOT). The biggest benefit of staking from a non-custodial hardware wallet is that you never really part ways with your cryptos.
Your best bet for staking with a hardware wallet is a Ledger or Trezor, but there are a few others that you can easily stake from. Staking cannot be done directly from the hardware wallet. Instead, you need to use a secondary wallet, linking your hardware wallet to it. Let’s say that you want to stake Cardano with your Ledger Nano S.
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Ledger. The Ledger Wallet is renowned for being a go-to cold wallet. The hardware wallet securely supports a total of 26 different coins and t’s multiple iterations give you varying staking capabilities and pools. For instance, you can stake a maximum of seven different currencies at a go on Ledger.
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