Ledger Wallet Support

How to Use Ledger Live with Chainlink

Introduction

Chainlink (LINK) is a decentralized oracle network that enables smart contracts to securely interact with real-world data. If you’re a Chainlink holder, keeping your LINK tokens safe is crucial. Ledger Live, the companion app for Ledger hardware wallets, provides a secure way to manage your Chainlink assets.

In this guide, we’ll walk you through how to use Ledger Live with Chainlink, including setting up your Ledger device, adding LINK to your portfolio, and making transactions.

Please download the last update of Ledger Live Application:

1. Ledger Live for Windows 10/11

2. Ledger Live for MAC

3. Ledger Live for Android

Prerequisites

Before you begin, ensure you have:

  • A Ledger hardware wallet (Nano S, Nano X, or Nano S Plus).
  • The latest version of Ledger Live installed on your computer or mobile device.
  • An internet connection.
  • Some Chainlink (LINK) tokens (if you plan to store or send them).

Step 1: Set Up Your Ledger Device

  1. Initialize Your Ledger
    • If your Ledger is new, follow the on-screen instructions to set it up.
    • Write down your 24-word recovery phrase and store it securely.
  2. Install Ledger Live
    • Download Ledger Live from the official website.
    • Install and open the application.
  3. Connect Your Ledger Device
    • Use the USB cable (for Nano S/S Plus) or Bluetooth (for Nano X) to connect your Ledger to your computer or phone.
    • Unlock your device with your PIN.

Step 2: Install the Ethereum App on Your Ledger

Since Chainlink (LINK) is an ERC-20 token, it operates on the Ethereum blockchain. To manage LINK, you’ll need the Ethereum app installed on your Ledger.

  1. Open Ledger Live and go to Manager (the third tab on the left).
  2. Connect and unlock your Ledger device.
  3. Search for “Ethereum (ETH)” in the app catalog.
  4. Click Install to add the Ethereum app to your Ledger.

Step 3: Add a Chainlink (LINK) Account

  1. In Ledger Live, go to Accounts and click Add Account.
  2. Select Ethereum (ETH) since LINK is an ERC-20 token.
  3. Your Ledger device will prompt you to allow Ledger Live to access your Ethereum address. Confirm this.
  4. Ledger Live will scan for existing LINK holdings. If you have LINK, it will appear in a new account.
  5. Click Add Account to finish.

Step 4: Receive Chainlink (LINK) Tokens

  1. Open your LINK account in Ledger Live.
  2. Click Receive.
  3. Verify the receiving address on your Ledger device (always double-check to prevent phishing).
  4. Copy the address or share the QR code with the sender.
  5. Once the transaction is confirmed on the blockchain, your LINK balance will update in Ledger Live.

Step 5: Send Chainlink (LINK) Tokens

  1. Open your LINK account in Ledger Live.
  2. Click Send.
  3. Enter the recipient’s Ethereum address (ensure it supports ERC-20 tokens).
  4. Input the amount of LINK you want to send.
  5. Confirm the transaction details on your Ledger device.
  6. Wait for the transaction to be confirmed (you can track it via Etherscan).

Step 6: Secure Your Chainlink Holdings

  • Never share your recovery phrase or private keys.
  • Always verify transaction details on your Ledger screen.
  • Keep your Ledger firmware and apps updated.

Conclusion

Using Ledger Live with Chainlink provides a secure and user-friendly way to manage your LINK tokens. By following these steps, you can safely store, send, and receive Chainlink while keeping full control of your private keys.

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Stay safe and happy investing! 🚀