How to Stake Solana on Ledger: Complete Guide for 0% Commission on SOL

Published on

Jan 6, 2025

Tag:

Staking

mins

We'll walk you through the process of staking Solana on Ledger safely and choosing Nansen validator to stake your SOL for 0% commission.

Want to earn passive income with your SOL while keeping it secure? Learn how to stake Solana on Ledger with this comprehensive guide.

We'll walk you through the process of staking Solana on Ledger safely and choosing Nansen validator to stake your SOL for 0% commission.

Why Stake Solana on Ledger?

Staking Solana on Ledger means your private keys remain secure in your hardware wallet, significantly reducing the risk of theft or hacks.

Ledger provides a secure environment for staking Solana, offering several benefits:

Enhanced Security: Your private keys remain protected on your hardware wallet
Easy Management: Stake directly through Ledger Live for a seamless experience.
Competitive Rewards: Earn SOL rewards while securing the network.
Full Control: Maintain ownership of your coins throughout the staking process.

Prerequisites for Solana Ledger Staking

To stake Solana on Ledger, you'll need:

A Ledger device
The Solana app installed on your Ledger
Ledger Live software (latest version)
Enough SOL to meet the minimum staking requirement
A small amount of SOL for transaction fees

Step-by-Step Guide to Solana Ledger Stake

To get started with your Ledger Solana staking, follow the steps below:

1. Set Up Your Ledger Device

First, ensure your Ledger device is properly set up and the Solana app is installed through Ledger Live. This is crucial for secure Solana Ledger stake operations.

2. Connect to Phantom Wallet

To stake Solana on Ledger, you'll need to:

Download the Phantom wallet browser extension
Create a new wallet or import an existing wallet
Connect your Ledger device
Select "Connect Hardware Wallet"
Select "Connect Hardware Wallet"
Choose your Solana address

3. Choose Nansen Validator for 0% Commission

Finding the right validator is crucial for maximizing your staking rewards. Here's how to select a 0% commission validator:

Click Stake and Show All
Search for Nansen
Select and Continue

4. Stake Your SOL

Now for the main part - how to actually stake Solana on Ledger:

Open Phantom wallet
Click "Start earning SOL"
Select your validator (eg: Nansen)
Enter the amount to stake
Confirm the transaction on your Ledger device
Wait for activation

How to Stake SOL with 0% Fees

Staking Solana on Ledger combines security with passive income potential.

By following this guide and choosing 0% commission validators such as Nansen, you can maximize your returns while keeping your assets secure.

Start your Solana Ledger staking journey today and join the growing community of secure stakers earning rewards on their SOL holdings.

Disclaimer

The authors of this content and members of Nansen may be participating or invested in some of the protocols or tokens mentioned herein. The foregoing statement acts as a disclosure of potential conflicts of interest and is not a recommendation to purchase or invest in any token or participate in any protocol. Nansen does not recommend any particular course of action in relation to any token or protocol. The content herein is meant purely for educational and informational purposes only and should not be relied upon as financial, investment, legal, tax or any other professional or other advice. None of the content and information herein is presented to induce or to attempt to induce any reader or other person to buy, sell or hold any token or participate in any protocol or enter into, or offer to enter into, any agreement for or with a view to buying or selling any token or participating in any protocol. Statements made herein (including statements of opinion, if any) are wholly generic and not tailored to take into account the personal needs and unique circumstances of any reader or any other person. Readers are strongly urged to exercise caution and have regard to their own personal needs and circumstances before making any decision to buy or sell any token or participate in any protocol. Observations and views expressed herein may be changed by Nansen at any time without notice. Nansen accepts no liability whatsoever for any losses or liabilities arising from the use of or reliance on any of this content.