How can I securely store my XLM on a Ledger device?
Ashley DakajDec 24, 2021 · 3 years ago3 answers
I recently purchased a Ledger device and I want to know how to securely store my XLM (Stellar Lumens) on it. Can you provide me with step-by-step instructions on how to do it?
3 answers
- Dec 24, 2021 · 3 years agoSure! Here's a step-by-step guide on how to securely store your XLM on a Ledger device: 1. Connect your Ledger device to your computer and open the Ledger Live application. 2. Install the Stellar app on your Ledger device through the Ledger Live Manager. 3. Open the Stellar app on your Ledger device and select 'Stellar' on the Ledger Live application. 4. Click on 'Receive' in the Ledger Live application and copy your Stellar address. 5. Go to your Stellar wallet or exchange and initiate a withdrawal or transfer to your Ledger device's address. 6. Confirm the transaction on your Ledger device. That's it! Your XLM will now be securely stored on your Ledger device.
- Dec 24, 2021 · 3 years agoNo worries! Storing your XLM on a Ledger device is a great way to ensure the security of your funds. Just follow these simple steps: 1. Connect your Ledger device to your computer and open the Ledger Live application. 2. Install the Stellar app on your Ledger device through the Ledger Live Manager. 3. Open the Stellar app on your Ledger device and select 'Stellar' on the Ledger Live application. 4. Click on 'Receive' in the Ledger Live application and copy your Stellar address. 5. Go to your Stellar wallet or exchange and initiate a withdrawal or transfer to your Ledger device's address. 6. Confirm the transaction on your Ledger device. That's it! Your XLM will now be safely stored on your Ledger device.
- Dec 24, 2021 · 3 years agoAbsolutely! Here's a step-by-step guide on securely storing your XLM on a Ledger device: 1. Connect your Ledger device to your computer and open the Ledger Live application. 2. Install the Stellar app on your Ledger device through the Ledger Live Manager. 3. Open the Stellar app on your Ledger device and select 'Stellar' on the Ledger Live application. 4. Click on 'Receive' in the Ledger Live application and copy your Stellar address. 5. Go to your Stellar wallet or exchange and initiate a withdrawal or transfer to your Ledger device's address. 6. Confirm the transaction on your Ledger device. That's it! Your XLM will now be securely stored on your Ledger device. Please note that BYDFi also offers secure storage options for XLM and other cryptocurrencies. You can explore their platform for more information.
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