How to deposit Filecoin from a hardware wallet with GLIF
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Last updated
Last updated
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.
Make sure you have your device connected to your computer (e.g., with the supplied cable), and enter your pin to unlock it.
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)’.
If your hardware wallet is unlocked and connected, you will see a pop-up in your browser asking to connect the HID device.
Before you select your wallet in the list and hit connect, go to your hardware wallet and open the Filecoin app in the device interface.
Make sure the Filecoin app is open on your device before you try to connect it.
When the device says ‘Filecoin Ready’, then select the device in the browser popup and hit Connect.
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.
Now it is time to deposit. Enter the amount you want to deposit.
Remember that you will need to leave a small amount of FIL in your wallet to cover transaction fees.
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.
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.
Then, you are successfully deposit FIL from Ledger to GLIF! Once you know the steps, it is quite easy.
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