How to store Litecoin on Ledger Nano S?

I want to store my Litecoin on a Ledger Nano S. Can someone guide me through the process? What are the steps to securely store Litecoin on a Ledger Nano S?

1 answers
- Storing Litecoin on a Ledger Nano S is a breeze! Just follow these steps: 1. Connect your Ledger Nano S to your computer using the USB cable. 2. Open the Ledger Live app on your computer and enter your PIN. 3. In the Ledger Live app, navigate to 'Manager' and search for 'Litecoin'. 4. Install the Litecoin app on your Ledger Nano S by following the prompts. 5. Once the app is installed, open the Litecoin app on your Ledger Nano S. 6. On the Ledger Live app, click on 'Receive' and copy the Litecoin address provided. 7. Send your Litecoin to the copied address and wait for the transaction to confirm. 8. Voila! Your Litecoin is now securely stored on your Ledger Nano S. Remember to keep your recovery phrase safe and never share it with anyone.
Mar 01, 2022 · 3 years ago
Related Tags
Hot Questions
- 93
What are the best digital currencies to invest in right now?
- 92
How can I minimize my tax liability when dealing with cryptocurrencies?
- 83
What are the tax implications of using cryptocurrency?
- 82
Are there any special tax rules for crypto investors?
- 79
How can I protect my digital assets from hackers?
- 62
How can I buy Bitcoin with a credit card?
- 59
How does cryptocurrency affect my tax return?
- 50
What are the best practices for reporting cryptocurrency on my taxes?