How to delegate your ADA with Ledger Nano S/X
How to delegate your ADA with Ledger Nano S/X
This guide will walk you step-by-step through the process of delegation in Cardano using the ledger device.
First of all download ledger live app on your device, connect the ledger and make sure it is up to date with the actual version of firmware. Install Cardano app and check that the corresponding icon has appeared on the display of your ledger.
1. Go to https://adalite.io/ and select hardware wallet as the preferred access method.
2. Press Unlock with Ledger button.
3. Select the Cardano icon in your ledger and confirm the export of the address.
4. Confirm the export of your keys with ledger. You may be asked to repeat the previous step and do it once more.
5. Approve the export.
6. After successful confirmation the wallet info will be available on your device. If you have ADA on your ledger go to step #6. If not, scroll down to the list of your addresses and send ADA to one of them.
7. Refresh the balance on the staking tab.
8. In the Delegate stake field you can put our pool ID. P2P Validator Pool: 33c1bf1a04ba85d8fd6119a08ee7f4ad659add075e2208b28862a2a1 Wait for the appearance of pool info as on the screen below and press Delegate button.
9. In the confirmation window double check that the pool info is correct. You will need to reserve 2 ADA to create a staking address on top of the transaction fee. You will be able to return the reserve if you cancel staking and won't be using that address any more. This functionality is currently unavailable in ADAlite wallet. Click Confirm Transaction.
10. In the following step you will be asked to confirm registration of a staking key and delegation via ledger. On the ledger screen you will see the slot and epoch when the delegation is made. Press both buttons to continue.
11. Confirm the registration of a staking key.
12. Confirm the delegation itself. It will become active after two epochs (~10 days). In Cardano there is no slashing so your funds are safe.
Congratulations! After completing all the steps you will see the updated info about your delegation in ADAlite wallet.
About P2P.org
P2P Validator is a world-leading non-custodial staking provider with the best industry practices and proven expertise. We provide comprehensive due-diligence of digital assets and offer only top-notch staking opportunities securing more than 3 billion of USD value. At the time of the latest update, P2P Validator is trusted by over 10,000 delegators across 25+ networks. We are a major player in all networks we support because of our experience, commitments and our reputation. We pay special attention to the process of governance.
Our aim is to provide a secure and reliable service at the lowest cost maximizing rewards for our delegators.
Do not hesitate to ask questions in our Telegram chat or contact Slava via sy@p2p.org. We are always open for communication.
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