Staking Ethereum (ETH) has become one of the most accessible and rewarding ways to participate in the blockchain ecosystem. With the integration of Figment’s staking service directly into Ledger Live, users can now stake ETH securely and conveniently — all without ever leaving their trusted hardware wallet interface.
This guide walks you through everything you need to know about staking ETH on Ledger Live using Figment, from setup and benefits to risks and rewards. Whether you're a seasoned crypto holder or new to staking, this step-by-step walkthrough ensures you can participate with confidence.
Why Stake ETH on Ledger Live?
Ledger is widely recognized for its top-tier hardware security, offering cold storage solutions that protect private keys from online threats. Now, with non-custodial staking via Figment inside Ledger Live, users gain both security and yield — two critical components of long-term crypto strategy.
By staking through this integrated solution, you maintain full control of your assets while earning passive income in the form of ETH rewards. No third party ever holds your funds, and your validator’s withdrawal credentials are always tied directly to your Ledger wallet.
Key Benefits of ETH Staking with Figment on Ledger
✅ Instant Rewards, No Hidden Fees
Unlike some staking providers that batch or delay reward distributions, Figment sends staking rewards directly to your wallet as soon as they’re available. There’s no need to manually claim them, and there are zero hidden fees — what you earn is what you get.
✅ Non-Custodial Security You Can Trust
Your ETH remains under your control at all times. The validator withdrawal address is permanently set to your Ledger wallet, meaning only you can access your staked assets and rewards. This non-custodial model eliminates counterparty risk and aligns with self-sovereign ownership principles.
✅ No Pooling — Your Own Dedicated Validator
Many staking services pool user funds into shared contracts, which can introduce complexity and shared risk. With Figment on Ledger Live, each validator runs on a dedicated smart contract. Your 32 ETH isn’t mixed with others’, giving you greater transparency and independence.
How to Stake ETH Through Ledger Live: Step-by-Step
- Ensure You Have at Least 32 ETH
To activate a validator on Ethereum, you must stake a minimum of 32 ETH. This is a protocol-level requirement, not a limitation of Ledger or Figment. - Open Ledger Live and Update Firmware
Make sure your Ledger device is running the latest firmware version. Open Ledger Live, go to Manager, and install any pending updates. - Install the Figment App
In the Ledger Live app catalog, search for “Figment” and install the official Figment staking application. This app enables secure communication between your hardware wallet and the Ethereum network. - Launch Figment and Begin Setup
Once installed, open the Figment app from your device dashboard. Follow the prompts to connect your wallet and verify your identity (KYC may be required depending on jurisdiction). - Initiate the 32 ETH Transfer
Figment will generate a unique staking deposit address. Transfer exactly 32 ETH from your Ledger wallet to this address. Confirm the transaction securely using your hardware device. - Wait for Network Confirmation
After the deposit is made, it typically takes 6–12 hours for Ethereum to assign your validator to an activation queue. Once activated, your node begins proposing and validating blocks. - Start Earning Rewards Automatically
As your validator performs its duties, rewards are sent directly to your Ledger wallet in real time. You’ll see these reflected in your balance within Ledger Live.
Frequently Asked Questions (FAQ)
What is the minimum amount of ETH needed to stake?
You need exactly 32 ETH to run a full validator on Ethereum. This is a fixed requirement set by the Ethereum protocol itself. Partial stakes aren't supported in this method, though other liquid staking options exist outside of Ledger.
When will I receive my staking rewards?
Rewards are distributed periodically by the Ethereum network, typically every 6–8 minutes per epoch. With Figment, these rewards are automatically sent to your Ledger wallet — no claiming required.
How are staking rewards calculated?
ETH staking rewards depend on several factors:
- Total amount of ETH staked across the network
- Your validator’s uptime and performance
- Network inflation rate and participation levels
Higher network participation lowers individual yields slightly, but consistent uptime maximizes your returns.
Is my ETH locked when I stake?
Yes, staked ETH is locked until withdrawal functionality is fully enabled on Ethereum. While partial withdrawals (of rewards) are now possible post-Shanghai upgrade, withdrawing the principal 32 ETH requires waiting for future protocol upgrades or using decentralized liquidity solutions.
Can I lose money staking ETH?
There are risks involved:
- Slashing penalties: If your validator goes offline frequently or acts maliciously, a portion of your stake can be penalized.
- Market volatility: The value of ETH can decrease during your staking period.
- Technical issues: Poor internet connectivity or misconfiguration could affect performance.
However, using Ledger’s secure environment significantly reduces risks related to key exposure or unauthorized access.
Do I still own my ETH after staking?
Absolutely. Because this is non-custodial staking, you retain full ownership. Your withdrawal credentials remain under your control via your Ledger device. No third party can move your funds without your approval.
The Bigger Picture: Sustainability and Network Health
Ethereum’s transition to Proof-of-Stake (PoS) wasn’t just about scalability — it was a major leap toward sustainability. Compared to the old Proof-of-Work system, PoS reduces energy consumption by over 99%, making Ethereum one of the most environmentally responsible blockchains today.
By staking your ETH, you’re not only earning rewards — you’re helping secure a greener, more decentralized future for Web3.
Final Thoughts: Secure, Simple, and Rewarding
Staking ETH through Figment on Ledger Live combines the best of both worlds: enterprise-grade infrastructure and bank-level hardware security. It offers a streamlined experience for users who value control, transparency, and long-term value creation.
Whether you're building a diversified crypto portfolio or looking to put idle assets to work, ETH staking via Ledger is a powerful tool in your financial toolkit.
👉 Take control of your crypto future — begin staking with confidence on a secure, high-yield platform.
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