Self Custodied SAFT Guide

Not your keys, not your coins! A big thank you to the Sia Ledger tutorial, they wrote great material on this process that we reuse in this guide.



What is the Ledger Device?

The Ledger device is a hardware wallet created by Ledger. A hardware wallet stores the private keys to cryptocurrency on a separate device, making it much harder for malicious parties to steal them. In fact, the private keys never leave the Ledger device itself, so they will remain secure even if the device is connected to a compromised computer. As long as you follow best practices when using your Ledger device, it is virtually impossible for an attacker to steal your funds.



Prerequisites

Set up your Ledger

  1. Initialize your Ledger (Nano S / Nano X). This gets the hardware wallet set up and ready to use.
  2. Download Ledger Live onto your computer. Ledger Live is the app you use to manage your Ledger device.
  3. Install the latest firmware on your Ledger (Nano S / Nano X). This ensures compatibility with the Filecoin app.

At this point, you're ready to install apps on your Ledger device. Remember to store your 24-word recovery phrase in a safe place, because you'll need it to recover your funds if your device is lost or damaged.



Install the Filecoin App

If you do not have the Filecoin app installed on your Ledger Device, visit this link.



Use Glif Vault to pick an address to custody your FIL

  1. Go to Google Chrome, and open a new window in Incognito (private browsing) mode.

    2. 

Incognito mode prevents chrome extensions from interfering with the Glif Vault.

2. Go to Glif Vault and click “get started”

3. Enter your investor ID (you can find this on CoinList - see Step 14 below)



    

    

  • 4. Connect your Ledger device to your computer, unlock it, and continue by clicking Yes.

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  • 5. You should see a pop-up asking for permission to access your Ledger device.

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      • 6. Select your Ledger Nano S, and click Connect.

      

      

      7. Make sure the Filecoin app is open on your Ledger device, and continue.

      

    NOTE - if you run into the rare circumstance where continuing forward brings you to the “Wallet down” error page, please try replugging in your Ledger device, refreshing the page, and starting over. We are looking into a (harmless, but annoying) bug where we randomly lose connection to your Ledger device. 

    8. You should see a number of accounts appear. Select the one you want to use. 

    These accounts have been pre-generated for you and are connected to your Ledger device. All of them can accept Filecoin. If you don’t know which one to pick, default to the 0th account.

    

      

      9. Confirm your ID and your Filecoin address. Confirm your Filecoin address is correct by clicking “show on device”, and making sure what’s on the screen matches the address that appears on the device. 

    Click the right button on the top of your Ledger device to scroll through the address, and make sure what you see on your device matches what you see on the screen. IF THESE TWO ADDRESSES DO NOT MATCH, DO NOT MOVE FORWARD. Please email ahoy@openworklabs.com to better address your situation.

    If you see an error message appear in the Glif Vault interface, make sure your Ledger Nano S is unlocked with the Filecoin app open.

    

    If everything matches, click “accept” on your Ledger device to release it.  Lastly, click “Generate string” in the Glif Vault to continue. 

    10. Receive your magic string, and copy it.

      

      

      11. Login to coinlist and proceed to coinlist.co/filecoin. By default, your tokens will be distributed to your CoinList Wallet - click “edit” to switch to self-custody

      

      12. You’ll hit a screen describing CoinList Wallets - click on ‘View wallet alternatives’ at the bottom of the page

      

      

      13. Click on self-custody and then continue

      

      

      14. Click on ‘Glif and Ledger’ and continue

      

      

      15. Follow instructions here

      

    Troubleshooting

    Feel free to email ahoy@openworklabs.com if you run in to any problems, or have any questions. 

    If you run into problems during the Glif Vault onboarding flow, please unplug and replug your Ledger device to your machine and try again. Sometimes we run into funny issues with the Ledger device that are hard to detect. 

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