Algorand staking now compatible with Ledger wallet's desktop software

Cointelegraph

Published Sep 15, 2020 03:06PM ET

Updated Sep 15, 2020 04:40PM ET

Popular hardware wallet company Ledger added Algorand's ALGO token to the list of wallet-compatible assets available on its desktop app, Ledger Live, allowing holders to store and stake the asset.

“The integration with Ledger Live will provide users with additional opportunities to earn passive income, ensuring the highest level of control and flexibility," Ledger's CEO, Pascal Gauthier, explained Tuesday in a statement provided to Cointelegraph. The addition also means storage compatibility for tokens built on Algorand's blockchain, known as Algorand Standard Assets.

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