Is it safe to move ADA coins from one Ledger device to another while staking?
Is it safe to move ADA coins from one Ledger device to another while staking?
I currently have a small bag of ADA that I’m staking via a Nano X that is paired with Daedalus. I recently became aware that the paper sheet where I kept my 24 seed phrase has gone missing. At this point, I have no idea if I or someone in my household threw it away mistakenly. I’m not gonna wait around to find out, so I’ve ordered a new Nano S+, which I’ve already set up with LedgerLive and have successfully moved other coins I had in the Nano X over to the Nano S+. I know that in Cardano we dont give up custody when we stake, so in theory I should be able to move my coins without any issues. However, before moving forward, I wanted to post the question to the community just in case I’ve missed anything. Thanks in advance.
Safe to yes, just remember you’ll continue to get rewards for the existing wallet for the next 3 epochs due to the delegation cycle (it’s the same amount of epochs you had to wait initially before receiving rewards when you started staking).