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What are the cryptocurrencies that can be staked on Ledger?

avatarAlexandra NikitinaDec 18, 2021 · 3 years ago3 answers

Can you provide a list of cryptocurrencies that can be staked on Ledger? I'm interested in knowing which digital assets are supported for staking on the Ledger platform.

What are the cryptocurrencies that can be staked on Ledger?
Cryptocurrencies
Staking
Ledger

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Sure! Ledger supports staking for several cryptocurrencies. Some of the popular ones include Ethereum (ETH), Tezos (XTZ), Cosmos (ATOM), Algorand (ALGO), and Polkadot (DOT). These are just a few examples, and there may be more cryptocurrencies that can be staked on Ledger. Staking allows you to earn passive income by holding and validating transactions on the respective blockchain networks.
  • avatarDec 18, 2021 · 3 years ago
    You'll be happy to know that Ledger offers staking services for various cryptocurrencies. Some of the notable ones are Cardano (ADA), Tron (TRX), and VeChain (VET). By staking these digital assets, you can contribute to the security and operation of their respective networks while earning rewards in return.
  • avatarDec 18, 2021 · 3 years ago
    BYDFi, a popular cryptocurrency exchange, also supports staking for a wide range of digital assets. Some of the cryptocurrencies that can be staked on BYDFi include Binance Coin (BNB), Polkadot (DOT), and Cosmos (ATOM). Staking on BYDFi allows you to earn passive income and participate in the governance of these blockchain networks. Make sure to check the specific staking requirements and rewards for each cryptocurrency on the respective platforms.

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