Cryptocurrency Q&A
Can I store Lyx on Ledger?
Can I store Lyx on Ledger?
Marco
Sun Jul 21 2024
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6 answers
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Could you please clarify for me if it's possible to securely store Lyx, a relatively new cryptocurrency, on a Ledger hardware wallet? I've heard Ledger is a trusted brand in the crypto space, but I'm not entirely sure if they support all cryptocurrencies. If Lyx is indeed supported, I'd like to know if there are any specific steps or considerations I should take to ensure the safety of my holdings. Additionally, I'd appreciate any insights you may have regarding the security of Ledger wallets in general and any potential risks associated with storing Lyx specifically.
6 answers
ShintoSanctuary
Tue Jul 23 2024
Initiating the process of adding a Lukso (LYX) account to Ledger Live begins with preparing your Ledger device. Ensure the device is fully charged and updated to the latest version of its software.
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SsamziegangSerenadeMelodyHarmony
Tue Jul 23 2024
Once your Ledger device is ready, launch Ledger Live on your computer or mobile device. Navigate to the "Accounts" section and select the option to add a new account.
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Maria
Tue Jul 23 2024
In the new account setup, scroll through the list of supported cryptocurrencies until you find Lukso (LYX). Select it to proceed with the account creation.
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EnchantedSoul
Tue Jul 23 2024
The next step involves connecting your Ledger device to your computer or mobile device. Follow the on-screen instructions to establish a secure connection between your Ledger device and Ledger Live.
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EthereumEmpireGuard
Mon Jul 22 2024
Once the connection is established, Ledger Live will prompt you to confirm the addition of the Lukso (LYX) account on your Ledger device. This step ensures that the account is securely added to your Ledger device's blockchain wallet.
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