common-close-0
BYDFi
Trade wherever you are!

What are the steps to set up a ledger wallet for storing Stellar Lumens?

avatarbullcheckDec 27, 2021 · 3 years ago1 answers

Can you provide a detailed step-by-step guide on how to set up a ledger wallet specifically for storing Stellar Lumens? I want to ensure that I am following the correct process to securely store my Stellar Lumens.

What are the steps to set up a ledger wallet for storing Stellar Lumens?

1 answers

  • avatarDec 27, 2021 · 3 years ago
    Absolutely! Here's a simple guide to set up a ledger wallet for Stellar Lumens: 1. Connect your ledger wallet to your computer using the USB cable. 2. Open the Ledger Live application on your computer. 3. Choose 'Add Account' and select Stellar Lumens from the list of supported cryptocurrencies. 4. Follow the on-screen instructions to complete the account setup. 5. Once your account is set up, you will be provided with a Stellar Lumens address. 6. Copy the address and use it to transfer your Stellar Lumens from your current wallet to your ledger wallet. 7. Confirm the transaction on your ledger wallet. That's it! Your Stellar Lumens will now be securely stored in your ledger wallet.