Polkadot DOT staking from Ledger Live is the safest way to stake DOT cryptocurrency and earn rewards. Learn how in 6 steps!
You can safely receive, send, store, and stake DOT directly using Ledger Nano X without relying on any other wallet. Other wallets and exchanges can not provide the same level of security as the Ledger hardware wallet.
What is Polkadot?
Polkadot is a blockchain whose protocol successfully delivers interoperability and scalability to the Polkadot network.
The Polkadot Relay Chain uses the NPos (Nominated Proof Of Stake) which makes Polkadot highly scalable by allowing parallel transaction processing and security to the network.
Parachains that connect to Relay Chain are independent blockchains with chain-specific features. The Polkadot Bridges connect to other blockchains allowing the transfer of coins and functionality between the Polkadot network and outside networks like Ethereum or Bitcoin.
What is Polkadot (DOT) staking?
Polkadot’s NPoS staking is done through nominators (stakers) and validators. Nominators select – nominate the validators who share rewards if elected into the active validators set to produce blocks for the network.
Ledger Live Polkadot Staking Rewards
The current annual yield for staking Polkadot in Ledger Live in 2015 is an impressive 14%!
How To Stake DOT directly from Ledger Live?
Using the Ledger hardware wallet to stake DOT Polkadot directly from Ledger Live is easy.
1. Buy Ledger Nano X and set it up by installing the Ledger Live (desktop or mobile version).
2. Open Ledger Live and, in the App catalog, install the Polkadot app.
Now click Add account.
Confirm the account creation on your Ledger hardware wallet.
3. Click on the account we just created and send some DOT to your address.
I’ll send 5 DOT I have not staked yet.
Arrived in 1 minute. Great network. You can also buy Polkadot DOT directly from Ledger Live.
4. Let’s open it. Click the Earn rewards tab.
5. Click Continue. First, we bond the DOT and then select a validator. Save some DOT for the transaction fees. Make sure your Polkadot device app is open, choose the amount, and approve the transaction on the device.
6. Select the validator from the list. You can delegate to multiple validators.
You can choose up to 16 validators!
DONE! You will now start receiving rewards!
Best Polkadot Wallets Beside Ledger Nano X Hardware Wallet?
We have compiled the list of 6 Best Polkadot DOT Wallets in 2025!
They can also be used to manage, buy, and stake Polkadot DOT cryptocurrency.
When it comes to hardware wallets, the Ledger Nano X is the best choice for its affordability, top-notch security, and ability to enable direct, 100% safe DOT staking!
Ledger Nano S Plus is an affordable alternative that provides secure DOT staking directly through Ledger Live. Alternatively, the Ledger Stax, while more expensive, offers a sleek design and a large customizable touchscreen, enhancing convenience for managing and staking DOT.”