Getting Started with Ledger Wallet

Ledger is a leading hardware wallet designed to secure your cryptocurrencies. In this guide, you will learn how to set up your Ledger device, manage your crypto assets safely, and follow best practices for long-term security.

Step 1: Unbox Your Ledger

Carefully remove your Ledger device from the packaging. Inside, you’ll find the hardware wallet, a USB cable, a recovery sheet, and a quick-start guide. Confirm the packaging is intact; Ledger devices are never pre-configured.

Step 2: Connect Ledger to Your Computer

Connect your Ledger device using the provided USB cable. Choose between creating a new wallet or restoring an existing one using your recovery phrase.

  • Create a new wallet: Set a PIN and generate a 24-word recovery phrase.
  • Restore a wallet: Enter your recovery phrase to restore access to your crypto assets.

Step 3: Set a Secure PIN

Choose a strong and unique PIN for your Ledger device. Avoid obvious sequences and repeated numbers. After multiple failed attempts, your device will temporarily lock for security reasons.

Step 4: Write Down Your Recovery Phrase

Your 24-word recovery phrase is essential for wallet recovery. Follow these safety tips:

  • Write words exactly as provided on the recovery sheet.
  • Never store the phrase digitally or online.
  • Keep multiple backups in secure, separate locations.
  • Never share your recovery phrase with anyone.

Step 5: Install Ledger Live

Ledger Live is the official app for managing your device. With Ledger Live, you can install cryptocurrency apps, monitor balances, track transactions, and send/receive assets securely.

  • Install cryptocurrency apps directly on the Ledger device.
  • Check transaction history and portfolio performance.
  • Update device firmware to maintain security.

Step 6: Connect Ledger Live to Your Device

Open Ledger Live and connect your device. Verify your PIN and recovery phrase. Ledger Live ensures your device is authentic and ready for secure operations.

Step 7: Add Cryptocurrency Accounts

Install apps for cryptocurrencies you want to manage. Add accounts in Ledger Live to track balances, transactions, and portfolio performance.

Step 8: Receiving Cryptocurrencies

Use the “Receive” function in Ledger Live. Confirm the address on your Ledger device to ensure funds are sent to the correct wallet.

Step 9: Sending Cryptocurrencies

Select “Send” in Ledger Live, input the recipient address and amount, and confirm on your Ledger device. Double-check addresses to avoid errors.

Step 10: Firmware Updates

Regularly update your Ledger device firmware via Ledger Live. Updates improve security, functionality, and compatibility with new cryptocurrencies.

Step 11: Long-Term Security Practices

  • Keep multiple offline backups of your recovery phrase.
  • Verify transaction addresses on your device every time.
  • Watch out for phishing attempts and malicious software.
  • Keep Ledger Live and firmware updated.
  • Store backups in geographically separated secure locations.

Your Ledger Wallet is Ready

Congratulations! Your Ledger device is now fully set up. You can securely store, manage, and transact cryptocurrencies, with confidence that your digital assets are protected by one of the most trusted hardware wallets available.