Currently the tenth most popular cryptocurrency, Cardano rose to prominence in late 2017, after exploding by close 4,000% in a period of just three months, becoming one of the fastest growing cryptocurrencies of all time.
Earlier this year, Ledger added support for Cardano (ADA), allowing Ledger Nano S owners to securely store their ADA under the protection of their hardware wallet, by connecting their Ledger to compatible Cardano wallet, including Yoroi and AdaLite.
In this guide, we will be focusing on Yoroi wallet, a simple and lightweight wallet available for both mobile devices, and as a chrome extension. For the purposes of this tutorial, we will be showing how to get your Ledger working with the Chrome version of Yoroi, but the steps are similar for the mobile app.
Make sure to update your “Ledger Live” App from here:
- Cardano app already installed
- Yoroi plugin or app installed
- Ledger Nano S
- An official Ledger USB cable
Connect Yoroi with the Ledger Nano S
Step 1: Open Yoroi wallet by clicking the Yoroi extension in Google Chrome. If you haven’t used Yoroi before, this will upon a page given you the option to create a new wallet in a variety of different ways.
Step 2: Here, select the ‘Create or restore a wallet connected to a Ledger device.’ You will be presented with some basic information about the security of hardware wallets. After reading through this information, click the ‘Next’ button.
Step 3: After clicking ‘Next’, plug your Ledger Nano S into your computer and enter your PIN code to unlock the device. Once unlocked, navigate to the Cardano ADA app, and press both device buttons at once to open the app. Once the Cardano app is open, you should see the text ‘Waiting for commands…’ Once you see this text, click ‘Connect’ in your Yoroi chrome window.
Step 4: After clicking ‘Connect’ your Ledger device should ask you to ‘Export public key’, press both buttons on your device, and then click the right button once to ‘Confirm export public key’. Yoroi should automatically detect the changes and will prompt you to name your wallet. In this example, we have named our wallet cryptocoin.cc, once you are happy with your entry, click the ‘Save’ button.
Step 5: After clicking save, you will be taken to your newly created wallet. Your wallet has now been completely setup and is ready to use. You will be able to view your ADA address by clicking the ‘RECIEVE’ tab and make transfers through the ‘SEND’ tab. Note that you will need your Ledger device to be connected if you want to send payments from this wallet.
In case you get bored of Yoroi, or just want to try out something that can be used even on public devices, why not check out AdaLite instead?