In this guide, you'll learn how to securely store your Polkastarter (POLS) tokens using a Ledger hardware wallet (Nano S/X). Polkastarter’s growing popularity makes safe storage essential—hardware wallets like Ledger provide the highest level of security for your crypto assets.
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What You’ll Need
- Ledger Nano X/S: Purchase from the official Ledger store.
- Ledger Live: Fully configured (follow Ledger’s setup guide).
- Ethereum App: Installed on your Ledger (installation guide).
Step 1: Set Up Your Ledger Wallet
If you don’t own a Ledger yet:
- Visit the official Ledger website.
- Choose between Nano X (recommended for multi-chain support) or Nano S.
- Complete the purchase and unboxing process.
👉 Why choose Ledger? Discover its security features
Step 2: Locate Your Ledger’s Ethereum Address
Since POLS is an ERC-20 token, it requires an Ethereum address for storage.
- Connect and unlock your Ledger.
- Open Ledger Live → Accounts → Ethereum.
- Click Receive → Continue → Allow access to the Ethereum App on your Ledger.
- Double-click to display and copy your ETH address.
Note: This address accepts ETH and all ERC-20 tokens (including POLS).
Step 3: Withdraw POLS from Exchange to Ledger
Example using Binance:
- Log in → Wallet → Fiat & Spot.
- Search POLS → Click Withdraw.
- Paste your Ledger’s ETH address, enter the POLS amount, and submit.
- Complete security verifications (email/SMS/2FA).
Processing Time: Typically under 10 minutes. Check your Ledger Live Ethereum account to confirm receipt.
FAQ
1. Can I store POLS on Ledger Nano S?
Yes! Both Nano S and X support ERC-20 tokens via the Ethereum app.
2. What if my POLS withdrawal is delayed?
Blockchain congestion may cause delays. Verify the address and transaction ID (TXID) on Etherscan.
3. Does Ledger support POLS staking?
No, POLS staking requires connecting to Polkastarter’s platform—keep a small amount outside Ledger for staking.
4. Is Binance the only exchange for POLS?
No, but it’s a popular choice. Other exchanges like OKX and KuCoin also list POLS.
Final Notes
- Never share your recovery phrase.
- Always verify URLs to avoid phishing scams.
- For large holdings, use a hardware wallet for maximum security.
By following these steps, your Polkastarter (POLS) tokens will be securely stored offline, protected from online threats.
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