Ledger is the most popular crypto hardware wallet brand in the world, and for good reason. Its devices are relatively affordable while offering a very high level of security for your cryptocurrency holdings. A hardware wallet keeps your private keys offline and uses them to sign transactions securely, which greatly reduces the risk of hacks compared to storing crypto on an internet-connected device.
By keeping sensitive information offline, Ledger wallets add an extra layer of protection when managing your assets. Transactions are created on your phone or computer but must be physically confirmed on the hardware device itself. This setup ensures that even if your smartphone is compromised, your private keys remain protected.
If you own a Ledger device such as the Nano S Plus or Nano X, you can use the Ledger Live app on Android to stake your ETH and earn rewards. The app integrates directly with Ethereum staking providers like Lido and Kiln, allowing you to start staking with any amount of ETH while maintaining full control over your private keys.
The bottom line
We hope that we’ve clarified why there are no legitimate Ethereum mining apps on the market today. Still, this doesn’t mean that you can’t earn ETH through an app on your phone. You can stake your ETH through a crypto exchange app or use a non-custodial Ethereum wallet such as MetaMask to stake your ETH coins through liquid staking protocols like Lido.
If you want to learn more about Ethereum, we invite you to take a look at our article explaining the Ethereum rainbow chart.
About Author
