Overview
What is Ledger?
Ledger hardware wallets are purpose-built devices that store private keys offline. They protect your crypto by keeping signing operations isolated from internet-connected devices. This guide walks you through unboxing, setup, Ledger Live, backups, and everyday management.
Why use a hardware wallet?
Hardware wallets drastically reduce the risk of hacks and malware because private keys never leave the device. They are the recommended solution for long-term custody and active traders who hold significant funds.
Before you begin
What you'll need
- Your Ledger device (e.g., Ledger Nano S Plus or Ledger Nano X)
- A computer or smartphone with internet access
- A USB cable (or Bluetooth for Nano X) and the Ledger Live app
- A safe place to store your recovery phrase (not on a cloud photo or digital note)
Safety checklist
- Buy only from official sources or authorized resellers.
- Never share your recovery phrase with anyone.
- Confirm firmware and Ledger Live app signatures from official pages.
Unboxing & first impressions
What's in the box
A typical Ledger package contains the hardware wallet, a USB cable, setup instructions, a recovery sheet, and packaging seals. Inspect the box for tampering and verify authenticity against Ledger's official guidance.
Powering on
Power on your device and follow on-screen prompts. Choose a PIN when prompted — pick something memorable but not easily guessed. The device will then display your 24-word recovery phrase; write it down exactly in order and store it offline.
Setting up Ledger Live
Install Ledger Live
Ledger Live is the official companion app for managing accounts, installing apps on your device, and checking balances. Download Ledger Live from the official site and always verify the domain before installing.
Connect and configure
Open Ledger Live, connect your device, and follow the setup wizard to add your first account. Ledger Live supports multiple cryptocurrencies and token standards. Use the manager to install specific coin apps onto your Ledger device.
Using your Ledger day-to-day
Receiving funds
To receive crypto, generate an address from Ledger Live while your device is connected — verify the address on the device screen before sharing it with the sender. This prevents address-replacement attacks.
Sending funds
Initiate the transaction in Ledger Live, then confirm transaction details and sign using your Ledger device. The private key remains onboard the device but the device creates a cryptographic signature that authorizes the transfer.
Backups & recovery
Recovery phrase (seed)
Your 24-word recovery phrase is the single most important piece of data. If your Ledger is lost, stolen, or damaged, the recovery phrase — when used with a compatible wallet — lets you restore access to your funds. Store it offline in a secure location.
Don'ts
- Never back up your recovery phrase digitally (photos, cloud drives, notes apps).
- Don't share it with anyone, even if they claim to be Ledger support.
Firmware updates & maintenance
Ledger occasionally releases firmware updates. Update only through Ledger Live and verify update prompts on the device screen. Keeping firmware up to date ensures security fixes and compatibility with new blockchain features.
Troubleshooting
Common issues include connection problems, outdated Ledger Live, or missing coin apps. Use the official support pages for step-by-step fixes. If you suspect device tampering or a security incident, contact Ledger support immediately.
Security best practices
Operational security
- Keep the recovery phrase offline in a fireproof/waterproof safe if possible.
- Use a passphrase (advanced feature) only if you understand how it works — losing a passphrase means losing access.
- Keep firmware and Ledger Live updated from official channels.
Long-term storage tips
For large holdings, consider multiple backups in geographically separate secure locations and using multi-signature arrangements where appropriate.
Final checklist before you go live
- Device purchased from an official source and sealed.
- PIN set and recovery phrase securely stored.
- Ledger Live installed from ledger.com and updated.
- Firmware updated and apps installed for your coins.