Get Started with Ledger: Secure Your Digital Assets
Welcome to Ledger. Getting started with Ledger means taking control of your digital assets with a higher level of security and independence. Whether you are new to cryptocurrency or expanding your experience with self-custody, this guide will help you understand the basics of setting up and using a Ledger hardware wallet safely.
Ledger is designed to protect your private keys and keep them offline, helping reduce the risks associated with online threats. By following the steps below, you can begin managing your crypto with confidence.
What Is a Ledger Hardware Wallet?
A Ledger hardware wallet is a physical device that stores your private keys securely offline. Unlike software wallets or exchange accounts, your private keys never leave the device. This means transactions must be approved directly on the hardware wallet, adding a critical layer of protection.
Using a Ledger wallet allows you to own and control your crypto directly, without relying on third parties to safeguard your assets.
Before You Begin
Before setting up your Ledger device, make sure you have:
Your Ledger hardware wallet
A computer or smartphone with internet access
A secure and private location
Enough time to complete setup without interruption
Always begin setup using a trusted device and network. Avoid public computers or unsecured connections to reduce risk during the initial process.
Initial Device Setup
When you turn on your Ledger device for the first time, you will be guided through setup directly on the screen. This ensures that sensitive information is generated securely.
Step 1: Choose a PIN Code
You will create a PIN code to protect your device from unauthorized access. Choose a code that is difficult to guess and keep it private.
Step 2: Generate Your Recovery Phrase
Your Ledger device will generate a recovery phrase, typically made up of 24 words. This phrase is the only backup to your wallet and gives full access to your funds.
Step 3: Confirm the Recovery Phrase
You will be asked to confirm the phrase by selecting words in the correct order. This step ensures you have written it down correctly.
Take your time during this process. Accuracy is essential.
Protecting Your Recovery Phrase
Your recovery phrase is the most important part of your wallet’s security. If your device is lost, damaged, or reset, this phrase is the only way to restore access to your assets.
To keep it safe:
Write it down on paper and store it offline
Never share it with anyone
Never enter it into websites, apps, or messages
Never store it digitally or take photos of it
Ledger will never ask for your recovery phrase. Any request for it is a scam.
Using Ledger Live
Ledger Live is the official application that works with your Ledger device. It allows you to manage accounts, view balances, and interact with supported blockchain networks while your device securely approves actions.
With Ledger Live, you can:
Add and manage crypto accounts
Send and receive digital assets
Install apps for different blockchains
Monitor your portfolio in one place
Ledger Live acts as a secure interface, while your Ledger device remains the final authority for transaction approval.
Sending and Receiving Crypto
Receiving crypto is simple. You generate a receive address in Ledger Live and verify it on your device screen. This verification ensures the address has not been altered.
When sending crypto, every transaction must be confirmed physically on your Ledger device. You can review the destination address and amount before approving, helping prevent mistakes and unauthorized transfers.
Supported Assets and Apps
Ledger supports a wide range of cryptocurrencies and networks. Each blockchain requires a specific app to be installed on the device. These apps can be managed through Ledger Live.
Before adding new assets, always verify compatibility and ensure you are using the correct network.
Best Practices for Ongoing Security
To maintain long-term security:
Keep your device firmware up to date
Regularly update Ledger Live
Verify transaction details on the device screen
Be cautious of emails or websites claiming to be Ledger
Store your recovery phrase securely and privately
Security is an ongoing responsibility, not a one-time action.
Start Managing Crypto with Confidence
Getting started with Ledger gives you full ownership of your digital assets. By understanding how your device works and following security best practices, you can manage crypto with greater control and peace of mind.
Take your time, stay informed, and make security your top priority as you begin your journey with Ledger.