To receive cryptocurrency, generate a receiving address in Ledger Live and verify it on the Ledger device screen. This ensures the address has not been altered by malicious software.
To send cryptocurrency, enter transaction details in Ledger Live and confirm them directly on the Ledger device. Transactions cannot be completed without physical confirmation, adding an extra layer of protection.
Always double-check addresses and amounts before approving transactions.
Ledger regularly releases firmware updates to improve device security and add new features. These updates can be installed through Ledger Live.
Before updating firmware, ensure your recovery phrase is securely backed up. Keeping your device updated helps protect against emerging security threats.
Avoid using unofficial software or tools to update your Ledger device.
For long-term storage, consider using fireproof or waterproof storage solutions for your recovery phrase. Some users store multiple copies in separate secure locations.
Avoid exposing your Ledger device or recovery phrase to cameras, screen-sharing tools, or untrusted individuals. Be cautious of phishing attempts and fake support messages.
Your security depends on both the hardware and your personal practices.
The most common risks involve human error rather than hardware failure. Sharing recovery phrases, falling for phishing scams, or using compromised devices can lead to loss of funds.
Always verify information through official sources and never respond to unsolicited messages claiming to offer wallet support.
Staying informed and cautious is essential in the crypto space.
It is the official onboarding platform for setting up and securing Ledger hardware wallets.
Ledger Live is required for setup, updates, and managing crypto accounts.
Yes, each Ledger wallet generates a unique 24-word recovery phrase.
Yes, Ledger supports thousands of cryptocurrencies across different blockchains.
Your funds remain safe as long as your recovery phrase and PIN are secure.
No, cryptocurrencies remain on the blockchain; Ledger stores private keys.
No, the recovery phrase is required to restore access to funds.
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency carries inherent risk, and users are solely responsible for protecting their recovery phrases and digital assets. Always conduct independent research before making crypto-related decisions.