How To Store Cardano (ADA) On Ledger Nano S

in crypto •  6 years ago 

It is official. Cardano is now officially supported by Ledger hardware wallets. Since I wanted to transfer my ADA to my Ledger anyway, I figured I would share the process I went through with you.
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#Cardano #ADA #LedgerNanoS

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Thanks for the runthrough, Chris! I've been using IOHK's Daedelus wallet in part because hardware support was lacking.

Such a big whale should want to stake ADA?! Does/Will HW wallet support staking? Cardano or any other staking coins?

Thanks for simplifying the process as always.

Will assume Ledger are working with other desktop wallets, instead developing GUI interface within Ledger Live.

Do you believe, in the future GUI interface will develop in the future within Ledger Live?

Thanks for the insights.

Appreciate the walkthrough

Posted using Partiko Android

Cardano takes too much space in the ledger. Is there any way to hold more coins or would I need to buy another?

There's no way that I know of, the Nano S has limited memory. The new Nano X comes with a much bigger memory.

I'll consider purchasing one. Thanks for the response.

Finally! A long time coming! I may wait to actually get my Nano X which has some more space than the Nano S. Another month or so shouldn’t hurt! Thanks for the walkthrough!

Posted using Partiko iOS

This looks clear and is within my skill level. That's the only way I feel comfortable moving stuff to my nano s. Each time you make this type of video, along with my appreciation is the ever present reminder that this is "easy" relative to how long one has been playing with crypto. For me, it has never been intuitive. In general, we all speak about the desire for mass adoption. I can't see that happening until "easy" actually becomes easy.

That is the one downside with the ledger nano s... not enough space!