Introduction to Ledger
Ledger is a globally trusted leader in cryptocurrency security. By using Ledger hardware wallets, your private keys remain offline, ensuring protection against hacks, phishing, and malware attacks.
This guide will walk you through unboxing, setting up, and managing your Ledger device along with Ledger Live software to fully secure your digital assets.
Why Ledger?
Ledger combines the most advanced security measures with user-friendly software to provide a complete solution for cryptocurrency management.
- Hardware security with PIN protection and secure element chip
- Recovery phrase for wallet restoration
- Support for thousands of coins and tokens
- Ledger Live: intuitive management interface
- Regular firmware and software updates to stay secure
Unboxing and Device Overview
Checking the Package
Ensure the Ledger package is sealed and contains the device, USB cable, recovery sheet, and instructions. Do not use a tampered package.
Device Features
Learn about the buttons, screen, and connection ports. Familiarize yourself with basic navigation and security confirmations on the device.
Installing Ledger Live
Ledger Live is the desktop and mobile app to manage your crypto assets.
- Visit Ledger.com/Start and download Ledger Live.
- Install the app on Windows, Mac, Linux, or Mobile.
- Follow instructions to connect your Ledger device.
- Update to the latest firmware and software version.
Setting Up Your Ledger Device
Create a PIN
Choose a secure PIN code to protect your device from unauthorized access.
Recovery Phrase
Write down the 24-word recovery phrase on the provided sheet. Store it securely offline. This phrase allows wallet recovery if the device is lost or stolen.
Adding Accounts in Ledger Live
After initializing your device, you can add cryptocurrency accounts in Ledger Live.
- Select the cryptocurrency to add
- Follow device confirmations
- Repeat to add multiple assets
Managing Crypto Assets
Ledger Live allows you to safely send, receive, and stake supported cryptocurrencies.
- Check balances and portfolio performance
- Send/receive transactions securely
- Stake eligible tokens to earn rewards
- Track NFTs and other digital assets
Security Best Practices
- Always update Ledger Live and firmware
- Never share recovery phrase digitally
- Use trusted computers only
- Enable passphrase for additional security
- Beware of phishing sites and emails
FAQs
Can I use Ledger Live without a hardware wallet?
No. Ledger Live requires the hardware wallet for secure signing of transactions.
Is Ledger Live free?
Yes, Ledger Live is free. Hardware wallet purchase is required for security.
What if I lose my Ledger device?
Use your recovery phrase to restore all accounts on a new Ledger device.