How to Store Polkastarter (POLS) Crypto on Ledger

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Storing your digital assets securely is a top priority in the fast-evolving world of cryptocurrency. One of the safest ways to protect your holdings is by using a hardware wallet, and Ledger stands out as one of the most trusted brands in the industry. This guide will walk you through how to securely store Polkastarter (POLS) tokens on a Ledger Nano S or Nano X device.

Polkastarter (POLS) is an ERC-20 token built on the Ethereum blockchain, which means it can be stored in any Ethereum-compatible wallet—especially secure hardware wallets like Ledger. Whether you're a new investor or a seasoned trader, safeguarding your POLS tokens from online threats is essential.

Why Use a Ledger Hardware Wallet?

Hardware wallets offer "cold storage," meaning your private keys are kept offline and away from hackers. Unlike software wallets or exchange accounts, Ledger devices ensure your crypto remains under your full control. With rising cyber threats and exchange vulnerabilities, moving your POLS off exchanges and into a Ledger wallet significantly reduces risk.

👉 Secure your Polkastarter tokens today with a trusted cold storage solution.

What You’ll Need

Before getting started, make sure you have the following:

Ensure your Ledger is genuine and purchased directly from the official source to avoid counterfeit devices. Never buy used hardware wallets.

Step 1: Set Up Your Ledger Device

If this is your first time using Ledger, begin by setting it up through Ledger Live.

  1. Connect your Ledger to your computer using the USB cable.
  2. Follow the on-screen instructions to initialize the device.
  3. Write down your 24-word recovery phrase and store it in a secure, offline location—never share it or save it digitally.
  4. Complete the setup process and create a PIN code.

Once configured, your Ledger is ready for app installation.

Step 2: Install the Ethereum App

Since Polkastarter (POLS) is an ERC-20 token, it runs on the Ethereum network. To receive and manage POLS, you must install the Ethereum app on your Ledger.

  1. Open Ledger Live.
  2. Go to the "Manager" tab.
  3. Connect and unlock your Ledger device.
  4. Search for "Ethereum" in the app catalog.
  5. Click "Install".

Wait for the installation to complete. Once done, you’ll be able to access your Ethereum account and receive POLS.

Step 3: Generate Your Ethereum Address

Now that the Ethereum app is installed, you need to generate your unique Ethereum address to receive POLS.

  1. In Ledger Live, go to Accounts > Add Account.
  2. Select Ethereum.
  3. Confirm the action on your Ledger device by pressing both buttons.
  4. Once added, click on your Ethereum account and select "Receive".
  5. Verify the address details on your Ledger screen to prevent phishing attacks.
  6. Click "Continue", then copy the displayed Ethereum address.

🔒 This address is public and safe to share—you can use it to receive ETH and any ERC-20 tokens, including POLS.

👉 Generate your secure Ethereum address now and take full control of your crypto.

Step 4: Withdraw POLS from Exchange to Your Ledger

Most users buy POLS on centralized exchanges like Binance. To secure them, you must withdraw your tokens to your Ledger’s Ethereum address.

Here’s how to do it on Binance (the process is similar across other platforms):

  1. Log in to your Binance account.
  2. Navigate to Wallet > Spot.
  3. Search for POLS in your balance list.
  4. Click Withdraw.
  5. Paste your Ledger-generated Ethereum address into the recipient field.
  6. Select ERC-20 as the network—this is crucial! Sending via another network (like BEP-20) may result in lost funds.
  7. Enter the amount of POLS you wish to transfer.
  8. Confirm transaction details carefully.
  9. Complete identity verification steps (email/SMS/2FA).

After submission, the transaction will be processed on the Ethereum blockchain. Typically, deposits arrive within 5–10 minutes, though network congestion can cause delays.

⚠️ Always send a small test transaction first when moving large amounts. Confirm receipt before transferring the full balance.

Step 5: View Your POLS in Ledger Live

By default, Ledger Live may not display POLS immediately after transfer since it only shows supported tokens automatically.

To manually add POLS:

  1. In Ledger Live, go to your Ethereum account.
  2. Scroll down to Tokens and click "Add Token."
  3. Select Custom Token > ERC-20.

  4. Enter the following details:

    • Token Contract Address: 0xc8Fe2c8AbBcD1b5dd7D68DdA5e71EA4A65a7F499
    • Ticker: POLS
    • Decimals: 18
  5. Save and confirm.

Your POLS balance should now appear under your Ethereum account.

Frequently Asked Questions (FAQ)

Can I store POLS on both Ledger Nano S and Nano X?

Yes, both devices support Ethereum and ERC-20 tokens like POLS. However, the Nano X offers more app storage space, making it better suited for managing multiple blockchains and decentralized applications.

Is it safe to use third-party links to buy a Ledger?

No. Always purchase directly from ledger.com to avoid scams or tampered devices. Counterfeit wallets can compromise your private keys.

What happens if I lose my Ledger device?

As long as you have your 24-word recovery phrase, you can restore access to your funds on any compatible wallet, including a new Ledger device.

Why isn’t my POLS showing up in Ledger Live?

Ensure you’ve added POLS as a custom token using the correct contract address. Also, confirm that the transaction was sent via the ERC-20 network and has been confirmed on-chain.

Can I stake POLS while it’s stored on Ledger?

Yes, you can participate in staking or liquidity pools by connecting your Ledger to decentralized finance (DeFi) platforms like Polkastarter’s dApp through MetaMask or WalletConnect—but only interact with verified websites.

Does storing POLS on Ledger earn interest?

Not directly. The Ledger itself does not generate yield. However, you can use your secured POLS in staking or DeFi protocols to earn rewards while maintaining control over your private keys.

Final Thoughts

Securing your Polkastarter (POLS) tokens with a Ledger hardware wallet is one of the smartest moves you can make as a crypto investor. By removing your assets from exchanges and placing them under your own custody, you eliminate counterparty risk and protect against potential breaches.

Whether you're holding for the long term or actively participating in IDO platforms, having full control over your private keys empowers you with true ownership.

👉 Start protecting your crypto today with industry-leading cold storage technology.

By following this guide, you've taken a major step toward safer, more responsible crypto management. Stay vigilant, verify all addresses, and always keep your recovery phrase secure.

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