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How to deposit Filecoin from a hardware wallet with GLIF

If you have stored your FIL tokens in cold storage, navigating the new Filecoin DeFi apps may seem confusing. However, it is actually quite simple, and we will show you how to do it.

In this guide, we use a Ledger Nano X. You can either watch the tutorial video or follow the step-by-step instructions below.

Step 1. Connect your hardware wallet to your laptop

Make sure you have your device connected to your computer (e.g., with the supplied cable), and enter your pin to unlock it.

Connect wallet

Step 2. Connect your wallet to GLIF

  1. Go to GLIF website and click on Connect Wallet in the top right of the screen. You will see a list of wallets to connect. Choose “Ledger (Filecoin)”.

Toggle button

  1. If your hardware wallet is unlocked and connected, you will see a pop-up in your browser asking to connect the HID device.

Connect wallet

  1. Make sure the Filecoin app is open on your device before you try to connect it.

TIP

If you have a problem adding the Filecoin app to your Ledger, please check the tutorial here.

MetaMask prompt

  1. When the device says “Filecoin Ready”, then select the device in the browser popup and hit Connect.

Connect wallet

  1. Once you are connected, you will see your hardware wallet Filecoin address in the top right of the GLIF website, as well as your total FIL balance.

Step 3. Deposit your tokens

  1. Click “Deposit Filecoin” in the main page, or go to the “Pool” page.

Deposit page

  1. Enter the amount you wish to deposit, and click “Deposit”.

NOTE

Remember that you will need to leave a small amount of FIL in your wallet to cover transaction fees.

Deposit FIL

  1. Then hit “Send”.

Send confirmation

4. Confirm in your hardware wallet.

Step 4. Receive your iFIL

Once you have deposited FIL, after a minute or two, you will receive iFIL — this represents your initial deposit plus your earned rewards. For more information on iFIL, check out our docs.

For a more detailed view of your position, click on “Wallet” in the GLIF navigation, and you will be able to see the FIL and iFIL associated with your hardware wallet address in the Token section.

Position view

Then, you are successfully deposit FIL from Ledger to GLIF! Once you know the steps, it is quite easy.

Conclusion

When you want to withdraw your deposit, you will return your iFIL to GLIF and receive FIL back. Check here for more details about withdrawal. Check the step-by-step guide in this tutorial for detailed withdrawal instructions.

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