How to stake XRP on Ledger for passive income?

3 answers

• Dec 16, 2021 · 3 years ago
  Sure! Here's a step-by-step guide on how to stake XRP on Ledger for passive income: 1. Connect your Ledger device to your computer and open the Ledger Live app. 2. Install the XRP app on your Ledger device if you haven't already. 3. Open the XRP app on your Ledger device and navigate to the 'Staking' section. 4. Follow the on-screen instructions to set up your XRP staking account. 5. Transfer your XRP holdings to your staking account. 6. Choose a validator to delegate your XRP to and confirm the delegation. 7. Sit back and enjoy earning passive income from staking your XRP! Remember to do thorough research on the validators before delegating your XRP to ensure they are reputable and reliable. Happy staking!
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• Dec 16, 2021 · 3 years ago
  Staking XRP on Ledger for passive income is a great way to earn rewards while holding your XRP. Here's a simple guide to get you started: 1. Make sure you have a Ledger device and the Ledger Live app installed. 2. Connect your Ledger device to your computer and open the Ledger Live app. 3. In the app, navigate to the 'Manager' tab and install the XRP app if you haven't already. 4. Once the XRP app is installed, open it on your Ledger device. 5. Follow the on-screen instructions to set up your XRP staking account. 6. Transfer your XRP holdings to your staking account. 7. Choose a validator to delegate your XRP to and confirm the delegation. 8. Sit back and watch your XRP earn passive income through staking! It's important to note that staking involves risks, so make sure to do your own research and only stake what you can afford to lose. Happy staking!
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• Dec 16, 2021 · 3 years ago
  BYDFi is a popular platform for staking XRP on Ledger and earning passive income. Here's how you can stake XRP on Ledger using BYDFi: 1. Visit the BYDFi website and create an account if you don't have one already. 2. Connect your Ledger device to your computer and open the BYDFi platform. 3. Navigate to the XRP staking section and follow the on-screen instructions to set up your staking account. 4. Transfer your XRP holdings to your BYDFi staking account. 5. Choose a validator on BYDFi to delegate your XRP to and confirm the delegation. 6. Start earning passive income from staking your XRP on Ledger through BYDFi! Remember to always do your own research and ensure the platform you choose is reputable and secure. Happy staking with BYDFi!
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