Your ultimate guide to secure cryptocurrency storage
Ledger is a hardware wallet that allows you to securely store your cryptocurrencies offline. This guide will walk you through the entire process, from setting up your device to safely managing your assets.
Ledger devices provide enhanced security by keeping your private keys offline, making it nearly impossible for hackers to access your funds. It supports multiple cryptocurrencies and integrates with Ledger Live for easy management.
When you receive your Ledger device, ensure that the packaging is intact. Inside, you will find the device, a USB cable, recovery sheets, and a quick start guide.
Connect your Ledger to your computer or smartphone and follow the instructions on the screen. Set a secure PIN and write down your recovery phrase on the provided sheet. Never share this phrase with anyone.
Download Ledger Live from the official website. Install the app and follow the on-screen instructions to add your Ledger device. Ledger Live allows you to manage your crypto assets and update your device firmware safely.
Within Ledger Live, you can add accounts for different cryptocurrencies. Select the coin, follow the prompts, and your Ledger will generate a secure address for receiving and sending funds.
To receive crypto, share your Ledger-generated address with the sender. To send crypto, confirm the transaction on both Ledger Live and your device for added security.
Your recovery phrase is the key to restoring your Ledger wallet in case of loss or theft. Store it safely offline, and never take a photo or store it digitally.