The Persistence Wallet supports the integration of Ledger Nano S and Nano X with which you can delegate XPRT tokens and receive staking rewards.
Ledger wallets are hardware wallets for the cold storage of cryptocurrencies. This means that coins can be stored without an Internet connection, and this eliminates the possibility of remote wallet hacking. This storage method is considered the most secure, and private keys never leave the device. Thanks to the growth of Ledger integrations with many crypto wallets where staking is available, this type of earning is reaching a new level of security.
Persistence is an actively developing platform that aims to help its users receive funding, and holders get passive income of about 35% per annum from staking. XPRT staking profitability is currently one of the highest among PoS networks. This guide will show you how to connect Ledger Wallet and stake XPRT in the Persistence wallet.Connecting Ledger to Persistence Wallet
The first step is to install the Ledger Live app through which you can connect to the Persistence wallet. Go to the Ledger Live page and install the app by clicking Download the app.
The Ledger Live app is available on both desktop and mobile iOS and Android devices. Select the device you need and install the application or download it from direct links
In this tutorial, we’ll guide you through the process of installing and creating a wallet in Ledger Live using Mac OS as an example. Run the app and click Get started. If you are an active Ledger user and do not need an initial installation, skip to the next section of this guide called Installing Persistence Wallet in Ledger.
Get ready to create a wallet: grab a pen and write down your seed phrase. Before you start, please read the rules for secure storage of mnemonic passwords in the Crypto Security Guide. Continue on medium.com