Getting Started with Ledger
Why Choose Ledger Hardware Wallets?
Ledger hardware wallets provide the highest level of security for your cryptocurrency assets. Unlike software wallets, Ledger devices store your private keys in a secure hardware element, completely isolated from your computer or smartphone. This means that even if your computer is compromised by malware, your private keys remain safe and your funds protected.
Unparalleled Security Features
Ledger devices incorporate a secure chip (ST31H320 or ST33J2M0) that is certified against sophisticated attacks. This specialized hardware is designed to securely store your private keys and execute transactions without exposing your sensitive information to potentially compromised computers or smartphones.
Support for Multiple Cryptocurrencies
Ledger hardware wallets support over 1,800 cryptocurrencies and tokens, including Bitcoin, Ethereum, XRP, and many more. With Ledger Live, our companion application, you can manage all your assets in one place, making portfolio management simple and efficient.
Setting Up Your Ledger Device
Getting started with your Ledger device is straightforward. When you first initialize your device, you'll create a recovery phrase—a series of 24 words that serves as a backup of your private keys. This recovery phrase is the most critical piece of information for accessing your funds, so it's essential to store it securely and never share it with anyone.
Step-by-Step Initialization
Begin by connecting your Ledger device to your computer using the provided USB cable. Follow the on-screen instructions to set a PIN code, which will be required every time you access your device. Next, your device will generate a 24-word recovery phrase. Write these words down on the provided recovery sheet in the exact order they appear, and store this sheet in a secure location.
Installing Ledger Live
Download and install Ledger Live, the official companion application for Ledger devices. Available for Windows, macOS, and Linux, Ledger Live allows you to manage your crypto assets, check your portfolio balance, and send or receive cryptocurrencies. The application also provides firmware updates for your device to ensure you always have the latest security enhancements.
Advanced Security Practices
While Ledger devices provide excellent security out of the box, following best practices will further enhance the protection of your assets. Always verify receiving addresses on your device's screen before confirming transactions, and regularly update your device's firmware to benefit from the latest security patches.
Using Passphrase Protection
For advanced users, Ledger devices support an optional passphrase feature that adds an extra layer of security. This passphrase creates a hidden wallet that is separate from your standard wallet, providing plausible deniability and additional protection against physical attacks.
Transaction Confirmation Process
Every transaction must be physically confirmed on your Ledger device by pressing buttons. This ensures that even if your computer is compromised, malware cannot initiate transactions without your explicit approval. Always verify transaction details on your device's screen before confirming.
Key Features of Ledger Devices
Secure Element Chip
Military-grade security chip protects your private keys from sophisticated attacks.
Ledger Live App
Manage all your crypto assets in one place with our intuitive desktop and mobile application.
Multi-Currency Support
Support for 1800+ cryptocurrencies and tokens with regular additions through app installations.