Looking to unstake your Lido Staked ETH (stETH) and securely move it back to your Ledger wallet? This guide provides a straightforward, step-by-step process to help you navigate the unstaking procedure with ease. The process is simple: connect your wallet to the official Lido website, request the withdrawal, and then claim your ETH.
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Unstaking from Lido is a two-stage process. First, you will request to withdraw your stETH. This action essentially places your assets in a queue to be unstaked. Following a waiting period, you will then ne
ed to return to the Lido platform to claim your ETH and have it transferred to your Ledger wallet.
It is crucial to only use the official Lido website to perform these actions to ensure the security of your funds.
Follow these simple steps to begin the process of unstaking your stETH.
Navigate to the Official Lido Website: Open your web browser and go to the official Lido staking portal.
Connect Your Ledger Wallet: On the Lido homepage, locate and click on the "Connect Wallet" button. You will be presented with a list of wallet options. Select "Ledger."
Authorize the Connection: Follow the prompts on your screen and on your Ledger device to authorize the secure connection between your wallet and the Lido platform. You may need to open the Ethereum app on your Ledger device.
Go to the "Withdraw" Section: Once your wallet is connected, navigate to the "Withdraw" or "Unstake" section of the website.
Enter the Amount to Unstake: You will see your stETH balance. Enter the amount of stETH you wish to unstake. You can choose to unstake a portion or the full amount.
Initiate the Withdrawal Request: Review the transaction details carefully. To proceed, click the "Request Withdrawal" button.
Confirm on Your Ledger Device: Your Ledger wallet will now display the transaction details for your approval. You must physically confirm the transaction on your Ledger device to sign and authorize the withdrawal request.
After confirming, the withdrawal process will be initiated. You will not receive your ETH immediately.
Wait for the Withdrawal Period to Complete: The time it takes to unstake your ETH can vary depending on the Ethereum network's exit queue. You can typically track the status of your withdrawal request on the Lido website.
Return to the Lido Website: Once the waiting period is over, go back to the official Lido staking portal.
[Insert Official Lido Website Link Here]
Connect Your Ledger Wallet: Reconnect your Ledger wallet following the same steps as before.
Navigate to the "Claim" Tab: In the "Withdraw" section, you should now see a "Claim" tab or a notification that your withdrawal is ready.
Claim Your ETH: Select the withdrawal you wish to claim and click the "Claim" button.
Confirm the Final Transaction: A final transaction will be prompted on your Ledger device to transfer the ETH to your wallet. Review and confirm the transaction on your Ledger.
Once this final transaction is confirmed on the blockchain, the corresponding amount of ETH will be deposited into your Ledger wallet. You have now successfully unstaked your stETH from Lido.