Staking with Ledger Live - Supports Tron

[crwth]

Ledger has already announced last year with an update with regards to earning crypto rewards [1]. It was the Tezos coin (XTZ) to be staked.


Source: https://www.youtube.com/watch?v=GKEUB9bs-Tk&feature=emb_title

Yesterday, they announced that there's a new staking option with Tron.They also announced and made a video about it. Grow your assets in Ledger Live - Tron (TRX) now available

If you guys want to learn about it it's here: https://www.ledger.com/staking-tron

They said it's only 3 Simple steps and maybe this time I could put more of the memory in my Nano X to good use with these coins. Will you guys try and support it?


[1] - https://www.ledger.com/the-next-level-of-ledger-live-staking-and-tezos-support

[Pmalek]

I guess that is the new crypto integration feature they talked about via Twitter.

That is not all. They are also holding a new contest where it is possible to win up to $2,000 worth of TRX and/or 100 Ledger Nano X hardware wallets. Not bad.
https://www.ledger.com/ledger-x-tron?utm_source=Twitter&utm_medium=Social&utm_campaign=Tron%20Contest

[Lucius]

Will you guys try and support it?

I do not currently have a TRX on Ledger, but I have some coins from TRX faucets currently located on one microwallet. Although a larger amount of TRX is likely to be needed to expect some more serious earnings via staking, I'll try to get my TRX on the Ledger and see how it all works.

I'm always glad to see that there is something new going on when it comes to Ledger, and free money is always free money

That is not all. They are also holding a new contest where it is possible to win up to $2,000 worth of TRX and/or 100 Ledger Nano X hardware wallets. Not bad.

Not bad at all, and I will try to win something in this contest - Ledger definitely made sure we didn't get bored these days

[sunsilk]

It seems that Ledger is starting to compete with the other known exchanges that are adding the feature of staking like Coinbase and Binance. There's also staking in Binance for Tron despite being a known and trusted exchange, much better to stake it on Ledger if you're a Tron holder.

Because hardware wallets (Ledger) are way trustworthy to keep your funds mostly if they're huge stakes.

[crwth]

That is not all. They are also holding a new contest where it is possible to win up to $2,000 worth of TRX and/or 100 Ledger Nano X hardware wallets. Not bad.

I also saw their blog about it here. I'm quite interested in joining, you'll never know, you might win. It's a long shot.

https://www.ledger.com/join-the-contest-win-up-to-2000-in-trx

I do not currently have a TRX on Ledger, but I have some coins from TRX faucets currently located on one microwallet. Although a larger amount of TRX is likely to be needed to expect some more serious earnings via staking, I'll try to get my TRX on the Ledger and see how it all works.

Just like I said, put some of the storage capacity of Ledger to good use and add a coin. Lol.

I'm always glad to see that there is something new going on when it comes to Ledger, and free money is always free money

If you win, that is. The contest is about sharing the information, tag friends in social media, subscribe to a newsletter, etc. I think that's okay.

It seems that Ledger is starting to compete with the other known exchanges that are adding the feature of staking like Coinbase and Binance. There's also staking in Binance for Tron despite being a known and trusted exchange, much better to stake it on Ledger if you're a Tron holder.

Because hardware wallets (Ledger) are way trustworthy to keep your funds mostly if they're huge stakes.

Additionally, you can prevent those exchange from lock your coin and using the coin to manipulate consensus of the cryptocurrency.

I would be soundly asleep knowing that my coins are in my own hands, you know. You will never know.

[LeGaulois]

Will you guys try and support it?

I do not currently have a TRX on Ledger, but I have some coins from TRX faucets currently located on one microwallet. Although a larger amount of TRX is likely to be needed to expect some more serious earnings via staking, I'll try to get my TRX on the Ledger and see how it all works.

I'm always glad to see that there is something new going on when it comes to Ledger, and free money is always free money

That is not all. They are also holding a new contest where it is possible to win up to $2,000 worth of TRX and/or 100 Ledger Nano X hardware wallets. Not bad.

Not bad at all, and I will try to win something in this contest - Ledger definitely made sure we didn't get bored these days

About 7% per year, I wouldn't stake anything with less than $10k to make it worth it. Other than that I consider it a waste of time.
True free money it is but staking with for example $1k to make $70 or less in 1 year?

Disappointed with this news, I was expecting something better but well what is shit for some people is gold for others as the adage says.

[LTU_btc]

I also guess that's news that announced on Twitter few days ago. And it's always good to see such updates.
I don't have TRON on my Ledger new, but I have a bit on Coinomi, so I'm going to move it to see how it works. Though amount of my TRON is insignificant, so I will get some dust only
I'm going to try their contest, I already had subscribed Ledger bewsletter. But I never use my main email and social media accounts for such contests.

[HCP]

About 7% per year, I wouldn't stake anything with less than $10k to make it worth it. Other than that I consider it a waste of time.
True free money it is but staking with for example $1k to make $70 or less in 1 year?

7% is a bad return? If you know anywhere else you can get a 7% return... let me know

Of course, there is no guarantee that 7% TRX is going to equate to a true 7% ROI in $$$ terms given the volatility of crypto markets... that could effectively be 0% if TRX tanks... or it could end up being 700% if TRX moons.

The issue I have is that I can't even see the form to try and enter... it simply returns "Error 3". (and yes, I did disable all the adblocking)

[sunsilk]

It seems that Ledger is starting to compete with the other known exchanges that are adding the feature of staking like Coinbase and Binance. There's also staking in Binance for Tron despite being a known and trusted exchange, much better to stake it on Ledger if you're a Tron holder.

Because hardware wallets (Ledger) are way trustworthy to keep your funds mostly if they're huge stakes.

Additionally, you can prevent those exchange from lock your coin and using the coin to manipulate consensus of the cryptocurrency.

I would be soundly asleep knowing that my coins are in my own hands, you know. You will never know.

Yup. It's the best decision to keep it on a Ledger wallet.

But, there's this sad situation of reality that they will still choose to keep it on exchanges than to spare themselves from worrying that one day these exchanges can halt and deny the process of their withdrawals.

Lucky are those winners who will get the X version.

[Lucius]

The issue I have is that I can't even see the form to try and enter... it simply returns "Error 3". (and yes, I did disable all the adblocking)

I can confirm that I get the same error even though I don't have adblock turned on, but yesterday the registration worked without any error. I suspected it might be Malwarebytes blocking something, but even when I added Ledger to the whitelist it still shows the same error 3.

I check with my ref link and form is working. Until they fix this, anyone who wants to try can find the link in my profile (it is not a direct ref link ).

[Pmalek]

The issue I have is that I can't even see the form to try and enter... it simply returns "Error 3". (and yes, I did disable all the adblocking)

Same here. Tried with different browsers but to no avail. Enabled or disabled flash gives the same results. I tried disabling Mozilla's cookie tracking protection but that doesn't do anything either. I suspect the problem is actually on their end, maybe related to traffic.