Welcome to Ledger! Whether you’re new to cryptocurrencies or looking to improve your digital asset security, this comprehensive guide will help you set up your Ledger hardware wallet step by step, ensuring your crypto assets remain safe and fully accessible.
Inside your Ledger package, you should find your hardware wallet, a USB cable, recovery phrase cards, and a quick-start guide. Before proceeding, inspect the packaging carefully. Ledger devices never come with a pre-filled recovery phrase. If you notice a recovery phrase already written, do not use the device.
Connect your Ledger device to a computer or mobile device using the USB cable. Once powered on, you will have two options:
Your Ledger device will prompt you to create a PIN code. This PIN protects your wallet from unauthorized access. Avoid obvious sequences such as "1234" or repeated numbers. If the wrong PIN is entered multiple times, the device will reset automatically.
Your Ledger device generates a 24-word recovery phrase. This phrase is crucial for restoring your wallet if the device is lost or damaged. Handle it with utmost care:
Ledger Live is the companion application for managing your Ledger device, accounts, and assets. Download it only from the official Ledger website. Ledger Live allows you to:
Launch Ledger Live and connect your Ledger device via USB. Unlock your device using your PIN. Ledger Live will verify the authenticity of your device to ensure it is genuine and untampered.
Each cryptocurrency requires its own app on your Ledger device. Use Ledger Live to install apps for the cryptocurrencies you plan to use. Installing only the apps you need helps keep your device efficient and secure.
After installing apps, add accounts for each cryptocurrency in Ledger Live. Click “Add Account,” connect your Ledger device, and approve the action. Your accounts will appear in the dashboard, ready for transactions.
To receive crypto, select “Receive” in Ledger Live and choose the account. Verify that the address shown on the device matches the one in the app. Only then can you safely share or scan the address to receive funds.
To send crypto, click “Send” in Ledger Live, input the recipient address and amount. Confirm transaction details carefully on your device. This ensures your funds are never sent to the wrong address.
Ledger periodically releases firmware updates to enhance security and functionality. Update your device only through Ledger Live. This keeps your device protected against new vulnerabilities and ensures compatibility with new apps.
Your Ledger hardware wallet is now fully set up. By following these steps, you’ve created a secure foundation for managing, sending, and receiving your cryptocurrencies safely. Enjoy peace of mind as you grow your digital assets securely.