Your complete guide to setting up your Ledger hardware wallet and securing your cryptocurrency assets
Start Setup ProcessLedger hardware wallets provide the highest level of security for your cryptocurrency assets. Unlike software wallets or exchange accounts, Ledger devices keep your private keys offline, protected from online threats.
Ledger uses Secure Element chips, the same technology used in passports and credit cards, to provide bank-level security for your crypto assets.
Ledger Live application provides an intuitive interface to manage 1,800+ crypto assets, track your portfolio, and make transactions.
Support for 50+ blockchains and integration with major DeFi platforms, NFT marketplaces, and staking services.
Follow these steps to set up your new Ledger hardware wallet and start securing your cryptocurrency.
Unbox your Ledger device and connect it to your computer using the provided USB cable.
Follow the on-screen instructions to configure your device and set up a secure PIN code.
Write down your 24-word recovery phrase on the provided card and store it securely.
Download and install Ledger Live application on your computer or mobile device.
Use Ledger Live to add accounts for the cryptocurrencies you want to manage.
Transfer your cryptocurrency from exchanges or other wallets to your new Ledger-secured addresses.
Ledger offers different hardware wallet models to suit various needs and preferences. All models provide the same core security features with variations in form factor, display, and connectivity options.
The perfect entry-level hardware wallet with a secure chip, compact design, and support for over 5,500 coins and tokens. Features a clear display and intuitive navigation buttons.
Ledger's flagship device with Bluetooth connectivity for use with mobile devices, larger screen, and increased storage capacity for more apps. Ideal for active traders and users with diverse portfolios.
The premium Ledger device featuring a curved E Ink touchscreen, larger display for better transaction verification, and customizable covers. Designed by Tony Fadell, co-inventor of the iPod.
Your Ledger hardware wallet is a secure device that stores your private keys offline and signs transactions. Ledger Live is a companion application that allows you to manage your crypto portfolio, check balances, send and receive transactions, and install apps on your Ledger device. The two work together - your private keys never leave the Ledger device, while Ledger Live provides the interface to interact with the blockchain.
Yes, you can recover your funds using your 24-word recovery phrase. This phrase is a backup of your private keys. If you lose your device or it gets damaged, you can purchase a new Ledger device (or use a compatible wallet) and restore your entire wallet using this recovery phrase. This is why it's critically important to write down your recovery phrase and store it securely.
No, we strongly recommend against purchasing used Ledger devices. A previously owned device could be compromised or tampered with. Always purchase directly from Ledger.com or authorized resellers to ensure you're getting a genuine, untampered device. During setup, your Ledger device will generate a unique recovery phrase, ensuring no one else has access to your funds.
You should update your Ledger device's firmware whenever a new version is available. These updates often include important security improvements, new features, and support for additional cryptocurrencies. Ledger Live will notify you when updates are available. The update process is straightforward and typically takes just a few minutes.
Yes, Ledger devices are compatible with many third-party wallets and services including MetaMask, MyEtherWallet, and various DeFi platforms. When connecting to these services, you'll use the "Connect Hardware Wallet" option and follow the prompts to confirm transactions on your Ledger device. This allows you to interact with dApps while keeping your private keys secure on your Ledger.
After three incorrect PIN attempts, your Ledger device will automatically reset itself, erasing all data including your private keys. This is a security feature to protect your funds from unauthorized access. To regain access to your funds, you would need to restore your wallet using your 24-word recovery phrase. This process will create the same addresses and give you access to your funds again.
Ledger devices incorporate multiple layers of security to protect your assets from both physical and digital threats.
Ledger devices use certified Secure Element (SE) chips that are resistant to sophisticated attacks. These chips are the same technology used in passports, credit cards, and payment systems, providing EAL5+ level security.
Ledger's proprietary Blockchain Open Ledger Operating System (BOLOS) isolates applications from each other, ensuring that a vulnerability in one app cannot compromise others or the core system.
Every transaction requires manual verification on the device screen and physical confirmation via the device buttons, ensuring that even if your computer is compromised, attackers cannot move your funds.
Your device is protected by a 4-8 digit PIN code that you set during initialization. The device wipes itself after three incorrect attempts, protecting against brute-force attacks.