cold store my Band Protocol. I have two contradicting informations. One say to download BandToken account (under Polygon?!) and the second Cosmos account. Which one is the right ? I see that for staking you need to use Cosmos account.
Cosmos it is 😉
Sorry Lucas to follow up - I have now added my cosmos account. I got an address where i can receive tokens, but nothing specified for Band tokens in particular. Is the address working for all cosmos-based tokens ?
Great! Now you have to connect to https://www.cosmoscan.io. Make sure you're on the mainnet, you will see your band details once connected.
Ok now I connected by ledger to cosmoscan. and now i have a band address when I click on the small purple "person" button on the top right correct ? Is it the address where i can send my band from binance. Once I do it i will be able to see the amount on ledger live as well ?
Yes. Please make sure you're sending band native tokens (bandchain as the network).
Yes, that's it.
and no MEMO is required correct?
Because I receive a message from Binance saying that MEMO is required for this network.
Usually it's optional, if it doesn't provide you with one, then it doesn't need it. Just make sure you copy the address correctly.
The memo is only required when you're trying to deposit funds from a wallet to an exchange or from an exchange to an exchange. It's not required when you're trying to withdraw from an exchange to a wallet.
usually memos are for CEX
Question: once I send my Band tokens from Binance to my cosmoscan adress, will I be able to see the amount of Band tokens I have directly on the Ledger live app in the Cosmos (ATOM) account?
To view the balance, you'll need to connect your ledger to cosmoscan.io.
So no direct interface on Ledger live correct?
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