When you first receive your Ledger hardware wallet, carefully unbox the contents. You should find the Ledger device itself, a USB cable for connectivity, a recovery sheet for noting down your seed phrase, and getting started instructions. Ensure all components are present and the device shows no signs of tampering. Ledger devices come with security seals that indicate if the package has been opened before.
Examine your device closely, checking for any physical damage or irregularities. The OLED screen should be clear without any scratches or defects. Verify that the buttons respond properly when pressed. This initial inspection is crucial for ensuring you have a genuine, untampered device that will securely protect your cryptocurrency assets.
Ledger Live is the official companion application for managing your Ledger device. Visit the official Ledger website to download Ledger Live for your operating system (Windows, Mac, or Linux). Avoid third-party sources to prevent downloading malicious software. During installation, follow the on-screen instructions carefully.
Once installed, launch Ledger Live and follow the setup wizard. The application will guide you through the initial configuration process. Ensure you're connected to the internet during this setup, as Ledger Live needs to synchronize with blockchain networks and download the latest firmware and cryptocurrency applications for your device.
Connect your Ledger device to your computer using the provided USB cable. If this is your first time using the device, select "Set up as new device." The device will then guide you through creating a PIN code. Choose a PIN that is strong but memorable—between 4 and 8 digits. This PIN protects your device from unauthorized physical access.
After setting your PIN, the device will generate your 24-word recovery phrase. This is the most critical security element of your Ledger wallet. Write down each word in the exact order presented on your recovery sheet. Never store this phrase digitally or share it with anyone. This phrase is the only way to recover your funds if your device is lost, stolen, or damaged.
Your 24-word recovery phrase is the master key to all your cryptocurrency assets stored on the Ledger device. Treat it with the utmost security. Write it down on the provided recovery sheet using a pen with permanent ink. Consider making a backup copy stored in a separate secure location, such as a safety deposit box or fireproof safe.
Never digitize your recovery phrase—don't take photos, store it in cloud services, or type it into any computer or phone. Ledger will never ask for your recovery phrase. Anyone who has access to these words can access and transfer all your cryptocurrencies without needing your physical device or PIN.
Through Ledger Live, you can install applications for different cryptocurrencies onto your Ledger device. Since the device has limited storage, you'll need to manage which applications are installed. Navigate to the "Manager" section in Ledger Live, connect your device, and allow the manager.
Browse the available applications and install those corresponding to the cryptocurrencies you plan to store. Popular options include Bitcoin, Ethereum, Litecoin, and various ERC-20 tokens. You can uninstall applications when not in use without affecting your funds—your private keys remain safely stored on the device regardless of which applications are installed.
With applications installed, you can now create accounts for each cryptocurrency. In Ledger Live, go to the "Accounts" section and click "Add account." Select the cryptocurrency, connect your Ledger device, and open the corresponding application when prompted. Verify the address on your device matches what's shown in Ledger Live.
Once your account is created, you can receive funds by sharing your public address. Always verify receiving addresses on your Ledger device screen before transactions. For added security, consider sending a small test transaction first. Your Ledger device is now ready to securely manage your cryptocurrency portfolio with industry-leading security.
This website is for educational and informational purposes only and is not affiliated with, endorsed by, or connected to Ledger SAS. The content provided is general guidance and may not reflect the most current Ledger procedures or security practices. Always refer to the official Ledger documentation and website for the most accurate and up-to-date information regarding the setup and use of your hardware wallet.
Cryptocurrency investments carry significant risk, including the potential loss of principal. The security of your assets depends entirely on your adherence to proper security practices, including safeguarding your recovery phrase and PIN. The author of this content assumes no responsibility for any loss of funds or security breaches resulting from the use of information provided herein.