Musicoin: How to setup your Ledger hardware wallet for $Musicoin
The new Musicoin Ledger apps join Trezor support for simple integration with both MyEtherWallet and MyCrypto web-based wallet services. Because all transactions are signed within hardware wallets, your private keys do not risk the chance of being exposed online.
Musicoin is a fork of Ethereum and not an ERC-20 token, so users must be sure to select the custom MUSIC (Musicoin.org) network configuration from the MyEtherWallet and MyCrypto dropdown menus.
Check out the following step-by-step instructions for installing the Musicoin app, managing transactions, and sending $MUSIC from exchanges to your Ledger below.
Before you get started, make sure of the following:
- You have upgraded your Ledger to the latest firmware
- You have installed Ledger Live on your computer
- You have Google Chrome or Firefox installed on your computer
- You have the Ethereum app stored on your Ledger
- Connect your Ledger to your computer with an USB cable
- Enter your PIN
- Launch Ledger Live on your computer
Assuming you have already set up your Ledger and securely stored your seed words, proceed with your initialized device
- Search for the Musicoin app in the Manager section of the menu
- Click the Install button of the app
- An installation window will appear on your computer
- Your Ledger will display Processing…
- Your Ledger will display a confirmation of installation
- Using either site (which may be used interchangeably), first select MUSIC (Musicoin.org) from the dropdown menu to access the Musicoin blockchain
- Launch the Musicoin app on your Ledger device, and log in securely
- You will see a list of addresses of the Musicoin blockchain where you can receive and send funds
1. After purchasing $MUSIC from an exchange, head to its wallet section
- Copy and paste the address provided in Step 3 of the MyEtherWallet/MyCrypto walkthrough above, and select the quantity you wish to send
- In a few moments, you will see your funds in MyEtherWallet or MyCrypto — all secured by your Ledger
Musicoin ($MUSIC) is a smart cryptocurrency and music streaming platform built upon the Musicoin blockchain. Musicians and listeners worldwide are encouraged to visit Musicoin’s official website at musicoin.org.
Please contact firstname.lastname@example.org for media inquiries.