Overview
Ledger wallets are hardware devices that allow you to store cryptocurrency safely offline. By keeping private keys secure inside the device, your funds are protected from online hacks and phishing attacks. This guide walks you through setup, usage, and essential security practices for both beginners and advanced users.
Step-by-Step Setup
- Unbox: Ledger Nano X or S Plus, USB cable, recovery sheet, and instructions.
- Connect Device: Plug it into your computer or mobile device (Nano X supports Bluetooth).
- Install Ledger Live: Official companion app from Ledger.com for managing accounts.
- Initialize Wallet: Choose "Set up as new device" and create a strong PIN code.
- Write Recovery Phrase: 24-word seed displayed on the device — write it on the recovery sheet, offline only.
- Verify Phrase: Confirm the order of words on the device to complete setup.
- Add Coin Accounts: Use Ledger Live to install apps for coins and tokens you plan to manage.
Once complete, your Ledger device is ready for sending, receiving, and managing multiple cryptocurrencies securely.
Security Best Practices
Protect Your Recovery Phrase
Keep your 24-word seed offline and never share it digitally. Consider fireproof or metal backup storage for long-term safety.
Firmware Updates
Regularly update your device firmware via Ledger Live to patch vulnerabilities and add support for new coins.
Phishing Awareness
Ledger will never request your recovery phrase online. Be alert for fake websites, emails, and pop-ups.
Transaction Verification
Always confirm addresses and amounts directly on the Ledger device before approving transactions to prevent fraud.
Frequently Asked Questions
- Q: Can I restore my wallet if my Ledger is lost?
A: Yes, using the 24-word recovery phrase on a new Ledger device. - Q: How many cryptocurrencies are supported?
A: Over 5,500 coins and tokens are supported via Ledger Live. - Q: Can Ledger Nano X work without a computer?
A: Yes, it connects via Bluetooth with the Ledger Live mobile app. - Q: Is Ledger Live secure?
A: Yes, private keys never leave the device and the app is officially supported by Ledger.