RIF Is Now Available On Ledger Live!
A step-by-step guide to managing and securing RIF and Rootstock native tokens on Ledger Live
RIF has arrived on Ledger Live! Ledger — an industry-leading crypto hardware wallet company — has integrated native Rootstock support within their Ledger Live app. The integration means you can now securely and conveniently manage your RIF tokens (and other Rootstock native tokens) directly within the Ledger Live application. Follow the step-by-step guide below to get started.
Securing and Managing RIF with Ledger Live
Ledger Live allows you to manage your Rootstock tokens in a simple and secure way. Here is a step-by-step guide to help you navigate the process.
Step 1: Setup
First thing — you’ll need a Ledger hardware device. If you do not yet have one, you can order one from the official Ledger website. Once it arrives, follow the instructions provided to set up your device.
Step 2: Install Ledger Live and Ethereum application
Next, you’ll need to install the Ledger Live application on your computer. You can download this directly from the Ledger website. Run the installer and follow the prompts to set up the software.
Once you have the Ledger app, you can find and install the Ethereum (ETH) app in the app catalog of My Ledger on your device.
Step 3: Connect Your Ledger Device
Connect your Ledger device to your computer using the USB cable provided. Once connected, your device should be automatically recognized by the Ledger Live application.
Step 4: Add Your RIF and RBTC Accounts
On the Ledger Live application, navigate to “Accounts” and click “Add Account.” You’ll be asked to select the type of cryptocurrency you want to add — choose RIF and follow the prompts. Your Ledger device will then synchronize with Ledger Live to add your accounts.
Step 5: Send Tokens to Ledger Device
With your RIF accounts added to Ledger Live, you can start receiving tokens. Click on “Receive” in your account, and Ledger Live will display a receiving address. Send your RIF tokens from where they are currently stored to this address.
Step 6: Monitor Your Assets
Ledger Live allows you to track your assets in real-time. Navigate to the dashboard, and you’ll see an overview of your portfolio, including the RIF tokens you have sent to the device.
Step 7: Secure Your Tokens
Your Ledger device stores your private keys offline — which is what makes it one of the most secure ways to store your tokens. Disconnect your device once you have finished interacting with your tokens and store it in a secure place.
Where Can You Get The RIF Token?
RIF tokens are available to purchase on various online exchanges, including leading crypto exchange Binance.
The token is also tradable on all major Decentralized Exchanges within the Rootstock ecosystem, such as Sovryn.
Explore other options to obtain RIF token
What is RIF Token?
The RIF token is a kind of “master key” that opens a whole array of services within the Rootstock Network. It’s designed to help developers and businesses bring their ideas to life in the blockchain world. Importantly, it grants access to the RIF product suite — a toolkit of protocols that make it easy to build fast, scalable, and secure products and services on the blockchain.