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How to stake ETH with Stader through Ledger Live

Stader Labs is a liquid staking platform for crypto such as Ethereum, Polygon, BNB, and more.

You can leverage ETH liquid staking with Stader through Ledger Live. You’ll receive ETHx tokens in exchange for the staked ETH. 

You can learn more about Stader and liquid staking here.

Before you start

  • Make sure that Ledger Live, your Ledger device OS (firmware), and your Ethereum app are up to date.

How to stake your ETH with Stader

  1. Open the Ledger Live app.
  2. Navigate to the Discover section.
  3. Select Stader Labs - ETH Liquid Staking.

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  1. Choose the Ethereum account from which you want to stake your coins.
  2. Enter the amount of ETH you want to stake.
  3. Check the amount of ETHx you will receive and click Stake ETH. The Stader app will be automatically installed in Ledger Live and your Ledger device.
    1.  

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  1. Once the app is installed, press both buttons of your Ledger device to open it.
  2. Use the buttons on your device to review the transaction.
  3. If all looks good, navigate to Accept and send.
  4. Press both buttons simultaneously to confirm the transaction on your device.

Once your transaction is confirmed on the Ethereum blockchain, your ETHx balance will appear in the Stader app.

Note: You can also stake with Stader Labs by accessing it through the Stake button of the Ledger Live app:

  1. Open your Ledger Live app.
  2. Click Stake in the right corner.
  3. Navigate to your Ethereum (ETH) account.
  4. Select Stader Labs

Where are my staking rewards?

When you stake ETH with Stader, your coins are converted into an equivalent amount of ETHx tokens. These tokens are then allocated to a staking pool. Your rewards are displayed in the Stader app which you can access through Ledger Live, and will not appear in your Ledger Live Ethereum account until you unstake your ETHx. 

Check out Stader Labs FAQs to learn more.

How to unstake your ETH

  1. Open Ledger Live and navigate to the Discover section. 
  2. Select Stader Labs - ETH Liquid Staking.
  3. Go to the Unstake tab.

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  1. Select the amount of ETHx you want to unstake. You can click MAX to unstake all your ETHx.
  2. To start the unstaking process, click Approve Unstaking. You will receive a prompt to grant Stader access to unstake ETHx. Approve the access by pressing both buttons of your device.
  3. Check the transaction details and Continue.
  4. Open the Stader Labs app on your Ledger device.
  5. Verify and confirm the transaction on your Ledger device.

The amount of ETHx you unstaked will be deducted from your total ETHx balance. The unstaked ETH will not be immediately added to your wallet as there is an unstaking period of 7-10 days, subject to entry and exit queues on the Ethereum network.

How to withdraw your unstaked ETH

All your active unstake requests will be listed in the Withdraw tab.

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Those available to be withdrawn will have an active withdraw button. Those unavailable to be withdrawn will have the release date and time mentioned along with your timezone.

  1. Click on the activated Withdraw button.
  2. Approve the transaction with your Ledger device.

The unstaked ETH will be added to your balance in Ledger Live.

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