Ledger provides one of the most secure ways to manage and protect your cryptocurrencies. This comprehensive guide walks you through setup, account management, and best practices for keeping your assets safe.
Open your Ledger package carefully. Inside, you will find the hardware wallet, USB cable, recovery card, and quick-start guide. Confirm that the packaging is secure and intact, as Ledger devices are shipped uninitialized.
Connect your Ledger device via USB. Choose to create a new wallet or restore an existing one using your 24-word recovery phrase.
Choose a strong, unique PIN. Avoid simple sequences or repeated numbers. Multiple failed attempts will lock your device temporarily to protect against unauthorized access.
Your 24-word recovery phrase is the master key to your wallet. Follow these guidelines:
Ledger Live is the management application for your wallet. Install it to track balances, install cryptocurrency apps, send and receive funds, and update your device securely.
Install apps for each cryptocurrency on your Ledger device. Create accounts in Ledger Live to manage multiple assets and keep track of all transactions in one secure place.
Always verify wallet addresses directly on the Ledger device. Use Ledger Live to send and receive cryptocurrencies safely. Double-check addresses before confirming transactions to prevent mistakes or phishing attacks.
Keep your device firmware and cryptocurrency apps updated via Ledger Live. Updates improve security, add new features, and ensure compatibility with new blockchain protocols.
With your Ledger wallet fully set up, you now have a secure foundation to manage, send, and receive cryptocurrencies. Protecting your PIN and recovery phrase, regularly updating your device, and following these security practices will ensure your digital assets remain safe in the evolving crypto ecosystem.