How to Stake Algo on Ledger Nano X [Step-by-step BUY-TRANSFER-STAKE]
Algo staking is the easiest method to earn passive income from cryptos.
►Always Buy Ledger from the official website: https://shop.ledger.com/pages/christmas-pack?r=0db7d1507bd0&tracker=MY_TRACKER
✘Sign up to Crypto.com Using my referral link, and we both get $25! https://platinum.crypto.com/r/5ta2mexnsw Use Code: 5ta2mexnsw
►My cryptocurrency Spreadsheet: https://www.patreon.com/petkoalexandrov
How to Stake Algo on Ledger Nano X is a free lecture from the course Crypto Staking Course: Earn Cryptocurrency Passive Income Daily:
Did you know that there is a cryptocurrency that is a pure proof-of-stake and a blockchain that is based on honesty? In a world full of scams and dishonesty, there is one crypto that is the knight on a white horse, the ALGO. And in this video, I will show you step-by-step how to Stake Algo on Ledger Nano X.
Hello, investors, this is Petko Aleksandrov, and in today's video, I will buy Algo from an exchange, I will put it into my Ledger wallet, and I will show you how easy it is to stake a pure proof-of-stake token. Actually, by the time I am recording this video in 2021, Algo is the easiest crypto for staking because all you need to do is have it, and you will be getting rewards.
Why did I decide to record a video about How to Stake Algo on Ledger Nano X?
Algo is the crypto of the blockchain called Algorand. This blockchain's mission is creating an economy that is accessible for everyone, with a digital currency that works fast and instantly like the Fiat currencies but with the difference that it is digital.
Algo or Algorand comes as a solution to 3 main problems of the blockchains today: decentralization, scalability, and security. The security in algo’s consensus algorithm is based on the honesty of the majority. The protocol is secured If two-thirds of the majority are hones.
And let's get to the point – how to stake Algo on Ledger Nano X? You just need to have algo in your Ledger wallet, and you will be receiving rewards!
There is no action you have to take so you can stake Algo. No need to delegate it to someone, like the Tezos. For example, If you have missed the video about staking Tezos on Ledger, look at it. With algo, you do not need to lock it for a certain period. Nothing, you just need to have algo, and you are already staking it.
Even you have a 1 Algo, which at the moment sits at above $1, you will be able to claim rewards. And this video, I will show you how that works with the Ledger Nano X.
Algo staking on Ledger Live is a free lecture from the course Crypto Staking Course: Earn Cryptocurrency Passive Income Daily:
If you wish to learn more about cryptocurrency trading, check out our online courses:
Let’s connect on social: