2. Stake DOT to Coinbase with Ledger Live
Nomination Pools are not currently supported on Ledger Live. You can use this guide to nominate directly to Coinbase validators or follow our guide to joining a pool through the Polkadot UI.
1. Bond your DOT
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Select Accounts within Ledger Live and open your Polkadot account.
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Select Earn Rewards under Nominations on the Polkadot account dashboard.
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Select Continue.
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Select your Rewards Destination:
- Select Bonded Balance to compound your rewards on your Stash account (most common), or
- Select Available Balance to leave your rewards un-bonded and spendable in your Polkadot account.
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Under Amount to bond enter the amount you would like to stake with Coinbase.
Leave enough DOT unbonded in your account to pay for future transaction fees, such as sending and withdrawing your staked DOT.
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Select Continue and follow the on-screen prompts to confirm the transaction on your Ledger device.
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Wait for the transaction to complete for your DOT to be bonded and ready for delegation.
2. Stake your DOT with Coinbase
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Once your transaction has completed to bond your DOT, select Nominate.
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In the search field, search for Coinbase.
COINBASE VALIDATOR INFORMATION
Nomination Pool name: Coinbase
Nomination Pool address: 13UVJyLnDyp2ScAFQeiGKD7WwtECPFeNowcHTGeAknuAMY
Nomination Pool ID: 58
Validator name: Coinbase
Validator addresses:
01: 1vr6DTXznesaFBuwPejAr1ubZmkLrfGXgpMVyCSumjVikdTm
02: 16hgbL2UzeZRue3QnvS8rT5JNdioKrbchYYmsy6Y8MfAwcY
03: 127cHPrF6GMAGDEUB5cyFZS9TFeQfDVnkuxTehC3LrqoZ9z
04: 1ze1tkDgTF9GYziTSeqivunXFrvhpkS3RQ2Yodin3AMAoqTn
05: 12JiixP8cybgifPkuEMr4bGLqtbz9aeaH8BecJ9Z4YgHPJn
06: 1Aq7eRrXETZGuACL1zrB1EzXXqzXZEBMFAuhTqQSr5rceMSLXo
07: 1sZATyIFEu8yQ0ZzgpPLaRckM7qXLm5CKqDYeTvGnvGvcRo
08: 15PpxQ3nmitdcZDRrpAXT4BVDLK1EzH4NjtfaSevGj97RFGoYS
09: 12XTFM1yXhG5pcc1SRUSLXEKYsznocqMhfmKtGjSXT3cM
10: 1ZECGGDLEmAiy4HoLn3QTMGZNJTDfQpSdnLuvJHgEr8ogGrMZ
11: 1nHVW9z87UFRJsxXPHeRp7AChoBhj QagSqxrbgkkbtonLYMJ
12: 1ZmWNGAaxb64V7ZyQKMXwfVuPSGR2YXTqHqzDKsi1tZbZFM4
13: 13RNHWLoy6xeDNnGeMRubGoken9G2dydoLt4nPSEKhQP
14: 1Jn9RK8GVrtqj3qkAhXJVhq8vBSzGnqNYHJDts9ueuJ65ZBzq
15: 1446LNKPxFTHqfreMn4kGen4pAKCLgMejvSQ7szMhexLoMK
16: 14nFBALTSqNUGebHkt7QRhZv6drGuRJVqGuevDR6dTKZqhrL
Enter each of the Coinbase validator addresses from the list above when staking.
Selecting any or all validators from this list indicates your willingness to support those selected. The protocol automatically allocates your stake to a subset of the validators from your nominated list to participate and earn rewards each era. Selecting any or all validators increases your opportunities to earn rewards. See the Polkadot FAQ to learn more.
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Select Continue.
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Confirm that the validator addresses are correct on your Ledger hardware device’s screen.
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Select Accept to confirm.
A verification page shows that your delegation is complete.
Congratulations! You are now staking with Coinbase.