How to Store MKR on Ledger Live

You can store MKR (MakerDAO) tokens on Ledger Live with your preferred Ledger device and the Ethereum network as MKR is an ERC-20 token available on Ethereum blockchain. 

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

Below is a simple guide on how to store MKR tokens on Ledger Live.

Step #1: Set up the Ledger Live App

  • Visit Ledger’s official website to download the latest version of the Ledger Live app.

Step #2: Install Ethereum App

  • Launch the Ledger Live app then navigate to the Manager tab.
  • Search for and find the Ethereum app in the app Catalog section.
  • Click or tap on the install button next to the Ethereum app.
  • Follow the on-screen prompts to install the Ethereum app on your preferred Ledger device (Stax, Nano S, or Nano X).

Step #3: Add Ethereum Account

  • Go to the Accounts tab after launching Ledger Live. 
  • Click or tap on the Add Account subsection. 
  • Choose Ethereum then follow the on-screen prompts.

Step #4: Send MKR

  • From Ledger Live copy out your Ethereum address.  
  • Transfer MKR tokens to the Ethereum address from other wallets or exchanges.
  • Now your MKR tokens are securely and safely stored on Ledger Live.