Easiest way to stake Tezos on Ledger Live – Passive income by delegating Tezos cryptocurrency

SETUP:
Ledger Nano S — Link: http://bit.ly/Tezos_Ledger_Shop_Nano_S
Ledger Nano X — Link: http://bit.ly/Tezos_Ledger_Shop_Nano_X

Ledger Live — Link: http://bit.ly/Tezos_Ledger_Live

Securely delegate XTZ on your hardware wallet:
Ledger offers a new way to securely generate passive income on Tezos coin.
The current reward for staking Tezos is around 6%* per year.
Ledger Inc. now offers the possibility to stake your XTZ directly in it’s Desktop/Mobile Application “Ledger Live”. Windows/Mac, iOS & Android support
Ledger Info on Staking:
https://www.ledger.com/staking-tezos/

About staking Tezos:
Tezos uses a proof-of-stake protocol. This mechanism secures the network, like the known mining with Bitcoin.
The difference between mining and baking is that your power does depend on the amount of Tez you hold not on the hardware power you have.
Like with mining you will be rewarded to participate in the proof-of stake mechanism with Tezos tokens depending on the amount you bake or delegate.

More info:
https://wheretobuytezos.com/tezos-info/tezos-passive-income

Exchanges to buy Tezos you can find here:
https://wheretobuytezos.com/

*Staking rewards can vary, as the network or the participating amount of staker can vary. The menioned reward level is a roughly estimation on current network stats.
Disclaimer: Please note that this video is only a technical review & tutorial. There is no investment advice given here. Please note that investing in cryptocurrencies can involve high risks. The term “passive income” means that you will be rewarded with Tez by participating in the network. If you can earn money depends on the current market prices of the Tezos coin, which can not be foreseen.

Easiest way to stake Tezos on Ledger Live – Passive income by delegating Tezos cryptocurrency

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Kane Dane