Step 1: Download and Install Ledger Live
Download Ledger Live from the official website ledger.com/start
. Install the software following the on-screen instructions for your OS. Verify installation signature when prompted.
Step 2: Connect Your Ledger Device
Connect the hardware wallet to your computer using the official cable. Power on the device and follow the prompts to verify your PIN and initialize your wallet.
Step 3: Add Accounts
Ledger Live allows multiple cryptocurrency accounts. Install blockchain apps (Bitcoin, Ethereum, etc.) on your device and add accounts in the software. Accounts display balances and transaction history.
Step 4: Sending and Receiving Crypto
To receive crypto, copy the address from Ledger Live and verify on-device. To send, enter recipient details in Ledger Live and confirm the transaction on your device. On-device verification ensures security against malware.
Step 5: Security Best Practices
- Set a strong PIN and never share it.
- Keep recovery phrase offline and secure.
- Verify firmware updates using Ledger Live.
- Use passphrases cautiously to create hidden wallets.
- Always confirm transactions on your device.
Advanced Features
Ledger Live supports staking, portfolio tracking, and third-party integrations. Use air-gapped workflows and PSBT for high-value transactions. Backup multiple copies of recovery phrases securely.
FAQs
Can I restore my wallet if my device is lost?
Yes, use your recovery phrase on a new