Ledger® Live* Wallet - Gitbook

Ledger Live Wallet (version 22.9.3) provides secure crypto management, real-time tracking, and seamless asset transfers for better control of your portfolio.

Ledger® Live: Wallet - Getting Started with Ledger

Ledger® Live is the official application for managing your Ledger® hardware wallet and cryptocurrencies. This guide will walk you through the steps to get started with Ledger® Live and effectively manage your digital assets securely.

Introduction to Ledger® Live

Ledger® Live offers a seamless experience for users to securely manage and transact with cryptocurrencies directly through their Ledger® hardware wallets. It provides a user-friendly interface with robust security features to ensure the safety of your digital assets.

Key Features of Ledger® Live

1. Unified Platform: Manage multiple Ledger® hardware wallets and various cryptocurrencies from a single application.

2. Secure Transactions: Execute cryptocurrency transactions securely through your Ledger® hardware wallet, keeping your private keys offline.

3. Real-Time Portfolio Overview: Track the value and performance of your cryptocurrency portfolio with real-time updates and historical data.

4. Easy Setup and Use: Streamlined setup process and intuitive interface make it easy to send, receive, and manage cryptocurrencies.

5. Enhanced Security: Utilizes advanced security measures such as PIN protection, recovery phrase backup, and optional passphrase for added security.

Getting Started with Ledger® Live

1. Downloading and Installing Ledger® Live

   • Visit the official Ledger® website (www.ledger.com) and navigate to the Ledger® Live section.

   • Download Ledger® Live for your operating system (Windows, macOS, Linux) and install the application on your computer.

2. Setting Up Your Ledger® Hardware Wallet

   • Connect your Ledger® hardware wallet to your computer using the provided USB cable.

   • Follow the on-screen instructions on Ledger® Live to initialize and set up your Ledger® device.

   • Create a secure PIN code directly on your Ledger® hardware wallet and write down the recovery phrase (24-word seed) on the provided recovery sheet.

3. Adding Accounts and Managing Cryptocurrencies

   • Once your Ledger® device is set up, use Ledger® Live to add accounts for the cryptocurrencies you want to manage.

   • Install the corresponding apps for each cryptocurrency directly from Ledger® Live.

4. Sending and Receiving Cryptocurrencies

   • Navigate to the "Send" or "Receive" sections within Ledger® Live to send or receive cryptocurrencies securely.

   • Follow the prompts on Ledger® Live and confirm transactions directly on your Ledger® hardware wallet for enhanced security.

5. Security Best Practices

   • Backup Your Recovery Phrase: Store your recovery phrase offline in a secure location. Never share it online or with anyone.

   • Keep Firmware Updated: Regularly update your Ledger® hardware wallet firmware through Ledger® Live to ensure you have the latest security patches.

   • Avoid Phishing: Only access Ledger® Live through the official Ledger® website or desktop application. Beware of phishing attempts asking for your recovery phrase or personal information.

Conclusion

Ledger® Live provides a comprehensive solution for securely managing your Ledger® hardware wallet and cryptocurrencies. By following these steps and adhering to best security practices, you can confidently manage and protect your digital assets.