Ledger Wallet Support

How to Store DAI on Ledger Live

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Note that DAI is available on Ethereum blockchain as an ERC-20 token. But you can store DAI on your Ledger device with Ledger Live and the Ethereum.

A step-by-step guide on how to store DAI on Ledger Live with your Ledger device and Ethereum can be seen below:

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: Initialize the Setup of Your Preferred Ledger Device 

  • Make sure you have set up your preferred Ledger device (Stax, Namo S or Nano X) with your recovery phrase and PIN. 
  • Make sure both the firmware for your chosen Ledger device and your downloaded/installed Ledger Live app are the latest versions available.

Step #2: Download and Install Ethereum App on Your Preferred Ledger Device

  • Have your preferred Ledger device connected to your mobile device or personal computer. 
  • Launch the Ledger Live app then scroll to the Manager tab.
  • In the app catalog section, search for and find the Ethereum app.
  • Click or tap on the Install button beside the Ethereum app.
  • Be patient and wait until the Ethereum app is successfully installed on your mobile device or personal computer. 

Step #3: Launch Ledger Live and Add in an Ethereum Account

  • Launch Ledger Live and navigate to the Accounts tab.
  • Click or tap on the Add Account tab.
How to Store DAI on Ledger Live
  • Click or tap Ethereum from the drop-down menu.
  • Adhere to the on-screen instructions to both connect your preferred Ledger device and to create a personal Ethereum account.

Step #4: Transfer DAI to Your Ethereum Wallet Address

  • Either scan the QR code or copy out your Ethereum wallet address directly from your newly created Ethereum account  on the Ledger Live app.
  • Transfer DAI from any wallet or exchange to your copied Ethereum wallet address.

Step #5: OpenLedger Live to View DAI Tokens

  • Launch Ledger Live and scroll to and open up your Ethereum account.
  • You should view the transferred DAI tokens in your Ethereum account as it will appear automatically after a transaction is made.
  • Where the DAI tokens are not shown in your Ethereum account, simply click or tap on the Manage Tokens  tab then toggle on or enable DAI tokens.

Step #6: Ratify Your DAI Token Balance

  • Confirm that the DAI balance available in your Ethereum account on Ledger Live is exactly what was transferred.
How to Store DAI on Ledger Live