Here’s a step-by-step guide to store AAVE tokens on Ledger Live using the latest version of your preferred Ledger device and Ethereum wallet as AAVE tokens are not native tokens on Ledger, but operational as a native ERC-20 token on the Ethereum network.
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
Step #1: Start by Setting Up Your Preferred Ledger Device
- Make sure you set up a unique PIN code and recovery phrase.
- Upgrade Ledger Live and your preferred Ledger device firmware to the latest versions.
Step #2: Install Ethereum App on Ledger Live
- Open Ledger Live and go to the Manager tab.
- Search and select Ethereum then install the app on your preferred Ledger device.
Step #3: Add Ethereum Account on Ledger Live
- Go to the Accounts section in Ledger Live.
- Click or tap on Add Account and choose Ethereum.
- Follow the instructions on the screen to add a new Ethereum account.
Step #4: Connect Wallet That Supports AAVE
- Install MetaMask or another wallet that supports Ethereum and ERC-20 tokens.
- Connect your preferred Ledger device to MetaMask (or any other chosen wallet).
- Click or tap on your Ethereum account added in Ledger Live.
Step #5: Transfer AAVE to Ledger Ethereum Account
- Copy out the Ethereum address from MetaMask (or any other compatible wallet).
- Start a transfer of AAVE tokens from a platform where they are stored which can be an exchange or another wallet.
- Paste the Ledger Ethereum address to receive AAVE tokens.
Step #6: Confirm Transaction
- Check MetaMask wallet (or any other compatible wallet) to ensure AAVE tokens appear in the balance.
- Confirm transactions and ensure AAVE tokens are stored safely on your preferred Ledger device.
Important Information:
- Always double-check addresses and be cautious of phishing attempts when transferring assets.
- Your AAVE tokens are now safely stored on your Ledger device, accessible via Ledger Live and the compatible wallet.