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Getting Started with Ledger Wallet (formerly Ledger Live)

Getting Started with Ledger Wallet (formerly Ledger Live)

This 1200-word guide walks you through setting up and using your Ledger Wallet — previously known as Ledger Live. Whether you’re new to hardware wallets or upgrading your crypto security, this guide provides a clear path to safely manage your digital assets.

1. What Is Ledger Wallet?

Ledger Wallet is an ecosystem that combines a physical hardware device with a companion application to protect and manage your cryptocurrency. The hardware device stores your private keys securely offline, while the app — formerly called Ledger Live — lets you monitor and transact across multiple blockchains.

Using Ledger ensures that your crypto remains safe, even if your computer or smartphone is compromised. Every transaction must be verified directly on your Ledger device, preventing unauthorized access.

2. Why Hardware Wallets Matter

Traditional software wallets or exchanges keep private keys online, exposing them to hacking risks. Hardware wallets like Ledger operate offline. This means your private keys never touch the internet, and transactions must be confirmed physically on your device.

Ledger never stores your private keys or recovery phrases — only you have full control of your assets.

3. Unboxing and Authenticating Your Ledger Device

Upon receiving your Ledger Nano X, Nano S Plus, or Stax, ensure the packaging is sealed and untampered. Inside, you’ll find your device, USB cable, recovery sheets, and instructions.

  • Inspect the holographic seals and packaging integrity.
  • Verify that you received official Ledger materials only.
  • Purchase directly from ledger.com for guaranteed authenticity.

Never buy a used or pre-initialized hardware wallet — it could be compromised.

4. Installing Ledger Wallet App

Before connecting your device, download and install the official Ledger Wallet (formerly Ledger Live) app:

  1. Go to ledger.com/start.
  2. Select your operating system: Windows, macOS, Linux, Android, or iOS.
  3. Install the app and launch it on your device.

The Ledger Wallet app lets you manage, buy, sell, and stake your crypto safely. You’ll use it alongside your Ledger hardware device.

5. Setting Up Your Ledger Wallet

Connect your Ledger device to your computer or phone and follow these steps:

  1. Choose “Set up as new device.”
  2. Create a strong PIN code (at least 6 digits).
  3. Carefully write down your 24-word recovery phrase in the exact order shown.
  4. Confirm the phrase on your device to verify accuracy.

This recovery phrase is your only backup. If you lose your device, this phrase restores your crypto on a new one.

6. Securing Your Recovery Phrase

Never store your recovery phrase digitally or take photos of it. Store it offline in a safe, preferably in multiple copies and in fireproof or waterproof storage.

  • Never share it online or with anyone — not even Ledger support.
  • Consider using a metal backup plate to prevent damage.
  • Store separate copies in secure physical locations.

The safety of your funds depends entirely on keeping this phrase private and secure.

7. Installing Apps for Cryptocurrencies

Ledger devices support hundreds of cryptocurrencies. Each asset requires its own blockchain app installed through the Ledger Wallet interface:

  1. Open the Ledger Wallet app.
  2. Navigate to the Manager tab.
  3. Connect and unlock your device.
  4. Install the apps for the coins you plan to use (e.g., Bitcoin, Ethereum, Solana).

You can uninstall and reinstall apps anytime — your funds are tied to your recovery phrase, not the apps themselves.

8. Adding and Managing Accounts

To view balances and manage transactions, add accounts for each crypto:

  1. In the Ledger Wallet app, click “Add account.”
  2. Select the crypto asset and follow the prompts.
  3. Your Ledger device will verify and sync the account.

You can create multiple accounts per asset — ideal for managing different portfolios or wallet types.

9. Sending and Receiving Crypto

Receiving

To receive crypto, click “Receive” in the Ledger Wallet app. Verify the address displayed on your device matches the app’s address before sharing it with anyone.

Sending

When sending funds, enter the recipient address and amount. Verify all details on your Ledger device screen and approve the transaction physically.

Always verify addresses on the device’s display — this is your ultimate security check.

10. Updating Firmware and Apps

Regular firmware updates keep your device secure and compatible with new crypto assets. You’ll be notified in the app when updates are available.

  • Open Ledger Wallet → Manager → Firmware update.
  • Ensure your recovery phrase is backed up before updating.
  • Follow on-screen steps carefully without disconnecting.

Ledger updates never erase your funds, as your assets remain tied to your recovery phrase.

11. Advanced Security Tips

  • Always check URLs — the official site is ledger.com.
  • Never share your recovery phrase or PIN.
  • Keep Ledger Wallet updated to the latest version.
  • Enable passphrase protection for advanced users.
  • Regularly verify your holdings in the Ledger Wallet dashboard.

Be cautious of phishing websites, fake support agents, or social media impersonators pretending to be Ledger.

12. Troubleshooting and Support

For help with connectivity, setup, or transaction errors, visit the Ledger Support Center. It includes verified guides and community forums to resolve most issues.

If your device is lost or damaged, restore access by initializing a new Ledger device using your 24-word recovery phrase.

Official Ledger representatives will never request your recovery phrase — if someone does, it’s a scam.

Ledger Wallet (formerly Ledger Live) offers one of the most secure and user-friendly ways to protect and manage your crypto portfolio. Follow these steps carefully to ensure your setup remains safe and your funds protected.

© 2025 Ledger — All rights reserved.