Setup Cold Staking With A Ledger Hardware Wallet

NOTE - The following guide is for Ledger hardware wallets ONLY. Do NOT use Trezor addresses for cold staking as PET4L software cannot currently spend P2CS utxos.

Prerequisites:

1.hw-wallet.png

Using the image above as a reference, follow these steps:

  1. Unlock the PIVX core wallet, choose "Unlock Wallet" from small drop down menu​
  2. Wait until the wallet is connected and fully synchronized with PIVX blockchain​
  3. Press “Snowflake” icon to enable the "Cold Staking" tab​
  4. Press “Cold Staking” tab​
  5. Press “Staker“​
  6. Press “Create Cold Staking Address”​

2.hw-wallet.png

Using the image above as a reference, continue with the following steps:

  1. Enter an easy to identify Label​
  2. Press “Generate”​

3.hw-wallet.png

Using the image above as a reference, continue with the following steps:

  1. Press “My Cold Staking Addresses“​
  2. Press the new cold stake address​
  3. Press “Copy” from small pop-up menu​

4.hw-wallet.png

Almost done! Using the image above as a reference, finish with just a few more steps:

  1. Press “Delegation“ tab​
  2. Paste the address you copied in step 11​
  3. Enter amount of PIV you wish to stake​
  4. Enter an easy to identify label if you wish​
  5. Paste an unused hardware wallet address (see below if you don’t know how)​
  6. And finally, press “Delegate“​

Recommended Final Steps

Lock your PIVX wallet then unlock choosing for Staking Only (see step 1 above). You are now Cold Staking with your PIV safely stored on your hardware wallet.

Additional Information

  • To spend your rewards, you will need to use the PET4L software.
  • Your hardware wallet may not show your Cold Staking balance, however, you can see it on a block explorer like https://zkbitcoin.com
  • You can create a desktop shortcut for faster access, just modify this URL with your address: https://zkbitcoin.com/address/Replace-With-Address-From-Step-16​ ​
  • Adding more PIV to your cold stake (see image above for reference):
    1. Drop down and select existing cold staking address​
    2. Enter amount of PIV you want to add to your cold stake​
    3. Skip this step, (will fill in automatically in step 14 above)​
    4. Drop down and select the address with the label you used in step 7 above​
    5. Press "Delegate"​

Getting A Hardware Wallet Address for Cold Staking

Open the PET4L program and unlock your hardware wallet then select the PIVX app

5.hw-wallet.png

Using the image above as a reference, follow these steps:

  1. Verify that the PIVX Server is connected​
  2. Connect to the Hardware device​
  3. Load / Refresh addresses from the hardware wallet​
  4. Dropdown addresses list and select an unused address​
  5. Click “Copy“ icon to copy the address​
  6. Close PET4L​
  7. Paste the address in PIVX wallet (see step 16 above)​

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