Ledger® Live Wallet – Getting Started

Description: Ledger® Live is the official application for managing your Ledger hardware wallet and cryptocurrency assets. This guide will walk you through the initial setup, helping you securely manage, send, receive, and grow your digital portfolio using Ledger Live. Whether you're new to crypto or a seasoned user, this “Getting Started” guide ensures your experience is both safe and efficient.

What is Ledger® Live?

Ledger Live is a secure, multi-asset application that connects with Ledger hardware wallets to manage your crypto assets. With support for thousands of coins and tokens, Ledger Live serves as your all-in-one solution for crypto management, offering features like portfolio tracking, transaction monitoring, staking, and in-app buying and swapping of cryptocurrencies—all while ensuring your private keys never leave your device.

Before You Begin

To get started with Ledger Live, make sure you have the following:

• A Ledger hardware wallet (such as Ledger Nano S Plus or Ledger Nano X)
• A secure computer or smartphone (Windows, macOS, Linux, iOS, or Android)
• An internet connection
• A pen and paper to back up your recovery phrase

Step 1: Download Ledger Live

Download the official Ledger Live app for your operating system. It is available on desktop (Windows, macOS, Linux) and mobile (iOS, Android). Make sure to download it from the official source to avoid counterfeit software.

Step 2: Install Ledger Live

After downloading:

1. Run the installer on your desktop or install the app via your mobile device’s app store.
2. Follow the on-screen instructions to complete installation.
3. Open the application and accept the terms of use and privacy policy.

Step 3: Set Up Your Ledger Device

If this is your first time using your Ledger device:

1. Select "Set up as new device" on the Ledger device screen.
2. Create a secure PIN code directly on the hardware wallet.
3. Write down your 24-word recovery phrase in the exact order shown and store it in a safe, offline location.
4. Confirm the recovery phrase as requested to complete the setup process.

If you already have a Ledger device, you can select "Restore device from recovery phrase" and follow the on-screen steps.

Step 4: Connect to Ledger Live

Once your device is set up:

• Connect your Ledger device to your computer or phone using USB (or Bluetooth if supported).
• Ledger Live will detect your device and begin pairing it securely.
• Allow Ledger Live to check the authenticity of your device to ensure it's genuine and untampered.

Step 5: Add Crypto Accounts

After connection, you can start adding accounts:

1. Click "Add Account" in the Ledger Live dashboard.
2. Select the cryptocurrency you want to manage (e.g., Bitcoin, Ethereum).
3. Install the corresponding app on your Ledger device when prompted.
4. Ledger Live will sync and display your wallet address and balances.

Step 6: Receive Cryptocurrency

To receive crypto:

• Select the account and click "Receive".
• Verify the wallet address on your Ledger device screen before sharing it.
• Copy the address and use it to receive crypto safely from another wallet or exchange.

Step 7: Send Cryptocurrency

To send crypto:

• Click "Send" and enter the recipient’s wallet address.
• Input the amount and review network fees.
• Confirm the transaction on your Ledger hardware wallet for it to proceed.

Step 8: Explore Additional Features

Ledger Live also allows you to:

• Stake crypto: Earn rewards by staking supported assets.
• Swap assets: Exchange one crypto for another without leaving the app.
• Buy/sell crypto: Use integrated partners to purchase or liquidate assets.
• Track performance: Use charts and analytics to monitor your portfolio over time.

Security Tips

• Always double-check recipient addresses on your Ledger device.
• Never share your recovery phrase — Ledger will never ask for it.
• Use Ledger Live only on devices you trust and control.
• Keep your device firmware and Ledger Live app up to date.
• Back up your recovery phrase offline in multiple safe places.

Conclusion

Setting up and using Ledger® Live Wallet is a critical step in taking control of your cryptocurrency safely. By combining intuitive design with strong security, Ledger Live empowers users to manage their assets with confidence. Follow this getting started guide carefully, and you’ll be ready to explore the full power of secure, hardware-backed crypto management.