Ledger® Live: Getting Started

Your official guide to securely managing cryptocurrencies with Ledger® Live

Overview of Ledger® Live

Ledger® Live is the official desktop and mobile application that allows users to manage their Ledger® hardware wallets. It provides a secure interface to send, receive, and monitor cryptocurrencies without exposing private keys online. Ledger® Live integrates multiple crypto assets into a single platform for efficient portfolio management.

The app is designed for beginners and experts alike, offering a user-friendly dashboard, transaction history, portfolio insights, and staking opportunities for supported cryptocurrencies.

Installing Ledger® Live

Download the App

Visit the official Ledger website at Ledger.com/start and download Ledger® Live for your operating system.

Install the Application

Follow on-screen instructions to install the software. Ensure you download only from official sources to avoid malware risks.

Initial Launch

After installation, launch Ledger® Live. The app will guide you through basic setup steps and provide recommendations for optimal security.

Verify Device

Connect your Ledger® hardware wallet and ensure that it is recognized by Ledger® Live before proceeding to manage cryptocurrencies.

Setting Up Ledger® Live

Connecting Your Device

Plug in your Ledger® hardware wallet and enter your PIN. Ledger® Live will detect the device and display account management options.

Create Accounts

Set up individual accounts for each cryptocurrency you wish to manage. Ledger® Live supports a variety of coins including Bitcoin, Ethereum, and many altcoins.

Recovery Phrase

Ledger® Live prompts you to verify the 24-word recovery phrase from your device. This phrase must be kept offline and secure at all times.

Enable Passphrase

For enhanced security, activate the passphrase feature. It adds a layer of protection and creates hidden wallets accessible only with the passphrase.

Sync Portfolio

Once accounts are created, Ledger® Live will synchronize balances and transaction history for accurate portfolio tracking.

Key Features of Ledger® Live

Multi-Currency Support

Ledger® Live allows management of hundreds of cryptocurrencies within a single interface. Users can track balances, send/receive funds, and integrate with DeFi services securely.

Portfolio Tracking

The app provides a clear dashboard showing total asset value, individual coin performance, and transaction history, helping users make informed decisions.

Staking & DeFi

Ledger® Live supports staking for selected cryptocurrencies and integration with decentralized finance platforms, allowing users to earn rewards while keeping private keys offline.

Notifications & Updates

Stay informed with real-time notifications for transactions, firmware updates, and portfolio changes, ensuring users remain in control of their assets.

Ledger® Live Security Best Practices

Protect Against Phishing

Be cautious of emails or links claiming to be from Ledger®. Always navigate to official websites manually to prevent phishing scams.

Device Redundancy

Consider having a backup Ledger® device and securely stored recovery phrases to protect against loss or damage.

Conclusion

Ledger® Live is a comprehensive and secure platform for managing cryptocurrency assets. By following proper setup steps, securing your recovery phrase, and adhering to best practices, users can confidently handle their digital assets. Ledger® Live combines ease of use, robust security, and advanced features, making it the trusted choice for both beginners and experienced cryptocurrency enthusiasts.