[Polkadot Staking] How to Stake Polkadot on Ledger. Your Staking Polkadot Guide

Today we’re looking into polkadot staking (dot staking), specifically, how to stake polkadot on ledger. If you own some polkadot crypto, then you might want to learn how to stake dot because staking dot on the polkadot blockchain will help you earn some polka dot staking rewards.

We’re a passive income channel, so of course, I’ll cover how to stake polkadot and earn some crypto passive income.

We’re going to show you how to stake polkadot on ledger live today. Why ledger live over Kraken? Because I don’t like keeping my cryptos with exchanges as those are unnecessary risk factors – exchanges can get hacked.

So, I hope this guide helps, and I’ll be humbled if you watch through the entire video and it actually helped you stake your DOT. I’ll appreciate it if you could smash the like and subscribe button after you do so (and for reading this far into the description) :)!

Timestamps:
How to Stake Polkadot with Trading with Paul [1:31]
Maximizing Your Staking Potential [2:25]
You don’t always get rewards [2:43]
Are you actually getting rewards? [4:12]
Beware of Fees [6:03]
Installing Polkadot on Ledger [7:22]
Make sure the version is right [7:41]
Adding Polkadot on Ledger [8:26]
Change Controller Account on PolkadotJS [9:27]
Bonding on Ledger [9:44]
How to Nominate on Ledger [10:59]

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DISCLAIMERS & DISCLOSURES

This content is for education and entertainment purposes only. Donald does not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal. Please consult a financial advisor before making any financial decisions and taking any financial actions.

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#coursehackclub #passiveincome #stakingpolkadot

[ultimusumbra]

Thank you for your videos, been wondering about this one.

[joseespinosa]

you can olso stake your dots in math wallet you get dots and math token is freaking great

[pb]

This is a cool video! Thanks! Could I ask you a quick question... Yesterday I nominated every validator 16 exactly but this morning 1 of them was not anymore a validator so he got technically remove from the 16 I nominated... I had then to get a new one and at my surprise I had to repay the fees again! Is any way you can just add one nominator instead of re adding all of them anytime? It's only few dollars but that system make no sense really...

[chema]

Hi Donald, thanks for the video. I have a doubt about staking in Polkadot.
I want to know what happens if I have 200 DOT and I select four validators. Dots are distributed (like 50dot to each validator)?

[abdulmajid]

What if price tanks real return in fiat will not be 10k? Correct?

[andreaserne]

I have the same problem. It's not possible to get an active validator with 300 Dots. It sucks because now the coins are locked for one month without rewards.

[StephaneModesta]

So you've got better rewards now?
I think I missed the point, don't you have to daily update your nominees with the ledger, same as with polkajs?

[Spludda]

I can't make any sense out of Polkadot staking. None of the validators I've nominated appear to be oversubscribed, and yet all my nominations are still inactive after five days. Does the process somehow not work if you have less than 1 unbonded dot in the controller account?