Staking Tezos: How to delegate your Tezos (XTZ) on Ledger Nano X
Ledger starts shipping their new model Ledger Nano X which enables Bluetooth functionality to interact with your mobile devices. Tezos supported!
Note: Estimated general availability starts 28th May 2019, for security only buy on the official website. Link below:
Store your Tezzies on Ledger Nano X
You can store your Tez on the hardware wallet as on the older version the Nano S. The private keys to access your funds will be stored in a closed and secured environment.
Which benefits does the Ledger Nano X bring?
More “power”: Ledger Nano X will come with a bigger storage size to store more cryptocurrencies on one device. Over 100 apps can be stored.
More “wireless”: Ledger Nano X supports bluetooth to connect to mobile devices, e.g. for signing transactions on your Iphone or Android.
Stake your coins by delegating your baking rights
Storing your Tezos private keys on a hardware is the safest way to store your Tez.
The delegation functionality makes it possible to keep your Tez on your hardware wallet, not connected to the internet and participate in the staking process of Tezos (the baking).
You do not need to send your Tez. More details and a video tutorial here:
Graphical user interface (GUI) by Tezbox
You can use the GUI of Tezbox to easily delegate your Tez and link your hardware wallet.
Warning:
Always delegate and not send!!
If anyone tells you to send Tez for delegating purposes it’s a scam!
Only buy on the official website:
Link:
Happy Baking
Kind regards
Tezard
— You shall not parse! —
Searching for a Tezos exchange: https://wheretobuytezos.com/