Make your crypto assets work for you. Earn money passively – the secure and easy way.
What is Financial Independence?
The goal of financial independence is to accumulate enough assets like stocks, real estate or savings to generate passive income. This means you don’t need to work anymore, and can focus on living a meaningful life on your terms.
By bypassing traditional financial systems, like banks or governments, crypto gives you full control over your money. You don’t need to rely on anyone or anything else.
Over the long term, crypto’s a financial asset that you can grow without much effort, through lending or staking. This can help you gain true financial independence.
Grow your assets while securely holding them with your Ledger device. Ledger Live
Ledger Live
The Ledger Live app is a safe and easy interface for managing your cryptocurrencies using your Ledger device. Unlike most apps, Ledger Live keeps your data directly on your phone or computer, so there's no need to sign in using an email and password.
allows you to securely stake a growing number of coins including ETH, SOL, ATOM and DOT. Track, manage and grow your earnings, make informed decisions, and stay secure from Ledger Live dedicated Earn Section.
By delegating your ETH to a validator through Ledger Live, you can earn staking rewards while maintaining control over your private keys. The combination of Ledger's robust hardware security and the convenience of Ledger Live makes staking ETH on Ledger a safe and user-friendly option.
No one can access it or use it except you. You'll need your key to access Ledger Live. With Ledger, buy, sell and grow your crypto all in one single place without ever compromising the security of your coins.
Open Ledger Live and navigate to My Ledger. If asked, allow access to My Ledger by pressing both buttons on your Ledger device simultaneously. In My Ledger, select the App catalog, search for Kaspa (KAS), and click Install. You're done.
To be safe, however, go through the links on Ledger's reseller page . You don't want to land on a fishy unauthorized reseller's listing on Amazon by mistake, for example. Right now, looking at the Amazon US page, I see that I can have a ledger in my hands in 1-4 hours (Prime same-day). Of course, YMMV.
If you can't access your Ledger device and you still have your 24-word recovery phrase (which hasn't been lost, stolen, or given out), you can rest assured that your crypto assets remain safe.
Your crypto wallet simply stores the private keys that let you access it. Even if your Ledger device is lost, your crypto is still safe in your account. However, you will need the secret recovery phrase (also known as a seed phrase) to recover your accounts.
Yes. In the United States, your transactions on Ledger and other platforms are subject to income and capital gains tax. If you've earned or disposed of (ex.Sold or traded away cryptocurrency) during the year, you'll have a tax liability to report to the IRS.
To own your crypto assets, you need to manage your own private keys. Ledger hardware wallets make private key management easy and secure. Each unique 24-word recovery phrase creates a new set of private keys.
Ledger: Currencies. When it comes to supported cryptocurrencies, Ledger outpaces Trezor, with Ledger supporting over 5,500 cryptocurrencies compared to Trezor's 1,289 or 1,456 depending on the model.
Download and install the Ledger Live app in a couple of clicks on desktop and mobile. Coupled with a Ledger, it makes the most secured wallet for your Bonk.
Ledger offers a range of hardware wallets that allow you to store your cryptocurrencies offline. This protects your assets against potential online threats. These wallets are highly secure and reliable. They come with a variety of features, including Bluetooth connectivity, native staking, and NFT management.
Another highly important aspect is the Security Level - it can tell you how safe your crypto assets will be if stored in a certain wallet. After doing Coinbase vs Ledger comparison, it's evident that Ledger has somewhat better security features than Coinbase.
In case of an error by a person in recording the purchases in the company's purchase ledger, the purchase ledger account can, at the same time, lead to overstatement or understatement in the balances of the accounts that use such ledger as its base.
Through the Yoroi wallet or AdaLite, and by pairing it with your Ledger hardware wallet, you can easily and securely delegate the Cardano you want to stake. You'll get competitive rewards, and a trustworthy validator, and you keep ownership of your coins.
The current annual yield on Polkadot is around 14%, minus the validators' commission rate. Carefully select your validator(s) as the rewards you'll receive will depend on them.
For doing so, they are rewarded with some cryptocurrency. But it's not a riskless process for those who stake their coins and become validators, since they could lose some of their investment by approving (potentially fraudulent) transactions that don't conform to a cryptocurrency's rules.
Ledger hardware wallets are so secure thanks to their countless components and features working together seamlessly. All of these crucial elements make up Ledger's Security Model, which is so strong that no Ledger device has ever been hacked!
Introduction: My name is Velia Krajcik, I am a handsome, clean, lucky, gleaming, magnificent, proud, glorious person who loves writing and wants to share my knowledge and understanding with you.
We notice you're using an ad blocker
Without advertising income, we can't keep making this site awesome for you.
