This guide explains how to stake Cardano (ADA) using the AdaLite Cardano wallet with a Ledger Nano S hardware wallet.
Users can place their ADA in staking balance and delegate that fund to a pool to earn staking rewards. If you own some ADA, the following guide will show how this is done using the AdaLite Cardano wallet (AdaLite).
Always double-check that the website of your AdaLite wallet is adalite.io and not anything else in the URL bar of your browser. Do not fall prey to phishing scams.
AdaLite now provides compatibility with the new Shelley address format and transactions, with a new staking interface for the mainnet.
For this guide, the following assumptions are made:
you already know what Cardano (ADA) is, as we will not be discussing about this cryptocurrency in this article.
you already own ADA, or know how to buy it from an exchange like Binance or crypto.com.
you know how to withdraw or transfer cryptocurrencies from one address to another.
you know the basic operations of your hardware wallet.
You will also need to ensure that your Ledger hardware wallet is updated to the latest firmware. This is done via Ledger Live desktop app.
Note that a Ledger hardware wallet is not compulsory in the procedure below. If you are using AdaLite without a hardware wallet, the hardware wallet steps below may be omitted. However, we would highly recommend using a Ledger hardware wallet for better security and a more convenient way to access your AdaLite wallet.
1. Go to http://adalite.io and choose your preferred way of login. For the purpose of this guide, we will be using the Hardware Wallet method. Follow the on-screen instructions.
2. Launch the Cardano app on your hardware wallet and perform the required key presses to unlock your AdaLite wallet. The Export public key prompt will be displayed twice and to be confirmed and accepted on both occasions.
3. Go to the Staking tab shown at the top. If you have some ADA in your AdaLite before the Shelley upgrade, it may be shown under the Non-staking balance (as seen bellow).
In the right side of the screen, search for the pool you want to delegate.
For example, ADABreathes [BRTHE] pool id:
You can search for others pools id on: https://adapools.org/
4. To begin staking ADA, you will first need to transfer the amount from Non-staking balance to Staking balance. Click Convert to stakable.
5. On the next popup window, check that the amount is correct. The final amount transferred will be your current balance minus the stated fee. A nominal fee is charged as it is an on-chain transaction from one address to another. Click on Confirm Transaction and follow up with the onboard instructions on your hardware wallet.
6A. Press both buttons to proceed with the transaction.
6B. Push the right button to scroll through the details such as Send To Stakable Address (beginning with addr1)
6C. Amount of ADA to be transferred
6D. The transaction fee
6E. The Transaction TTL (Time-To-Live) details
6F. Until you get to the last screen. Press both buttons to confirm the transaction.