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Is it possible to stake MATIC on the Ledger wallet through a mobile app?

avatarMd RanaDec 26, 2021 · 3 years ago3 answers

Can I stake MATIC tokens on the Ledger wallet using a mobile app?

Is it possible to stake MATIC on the Ledger wallet through a mobile app?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Yes, it is possible to stake MATIC tokens on the Ledger wallet through a mobile app. Ledger Live, the official mobile app for Ledger wallets, supports MATIC staking. You can easily delegate your MATIC tokens to a validator directly from the app and start earning rewards.
  • avatarDec 26, 2021 · 3 years ago
    Absolutely! Ledger Live has integrated MATIC staking functionality, allowing users to stake their MATIC tokens directly from their mobile devices. By staking MATIC on the Ledger wallet, you can participate in the network's consensus and earn rewards for securing the blockchain.
  • avatarDec 26, 2021 · 3 years ago
    Yes, you can stake MATIC on the Ledger wallet through a mobile app. BYDFi, a popular decentralized finance platform, also offers MATIC staking services through their mobile app. With BYDFi, you can stake your MATIC tokens and earn passive income while contributing to the security of the MATIC network.