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How to swap crypto with Squid through Ledger Live

You can swap crypto through the Ledger Live app with our third-party partner Squid.

Squid enables the seamless movement of assets between different blockchains. Its app allows you to swap assets between blockchains in one click.

  Bridge Transaction Issue with BASE in Squid

When setting up a bridge transaction within Squid using BASE as the initiating account/network, a ‘switch network' button appears (at the top and bottom of the page) that appears to do nothing. This issue prevents bridging on the BASE network within the Squid app in Ledger Live.

Workaround: For now, we advise users to use the Squid web app with your Ledger device connected to a third-party wallet like Rabby or Metamask: https://app.squidrouter.com/

Our team is aware of the issue and actively working towards a solution.

Things to know:

  • The swap feature is unavailable in certain countries.
  • It can take some time to receive your crypto. This is usually due to network congestion. However, if you’ve been waiting a while and still don’t see the exchanged crypto in your balance, please reach out to Squid support.

Before you begin

  • Make sure that you’re running the latest version of Ledger Live and the latest OS version on your Ledger device. 
  • You will need an account for the crypto you want to swap → Learn more
  • It’s possible to get an error message when attempting to swap through the Ledger Live app. This can happen when your VPN is on, so please make sure to turn it off before attempting to swap.

How to swap crypto with Squid

  1. In the Ledger Live app, navigate to the left sidebar menu and click Discover.
  2. Select Squid. You’ll land on the Convert page.

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  1. Choose the chain and crypto you want to swap. Currently, only EVM-compatible chains are supported. Cosmos-compatible chains are coming soon.
  2. Choose the chain and crypto you want to swap to.
  3. Review the transaction details, including:
    • Minimum to receive
    • Transaction Speed
    • Exchange rate
    • Expected gas fees after refund: Squid overestimates gas to ensure your trade. Any gas that isn’t used is refunded by Axelar. The fee shown reflects the estimated amount you will have paid after being refunded.
    • Service fees: fees charged by the product that integrates Squid. Squid currently charges zero fees. 
  4. Click Submit.
  5. Connect and unlock your Ledger device. Allow My Ledger to access your device.
  6. Open the Squid app on your Ledger device. 
  7. Review the transaction details on your device.
  8. Confirm the transaction by pressing both buttons of your Ledger device.

You’ll receive crypto directly in your Ledger account. Note that it may take up to 3-4 hours for the transaction to be processed and confirmed. You can track the status of your transaction in the History tab.

Don’t forget to note down the transaction ID in case you need help from Squid support. 

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