1. Device Setup
Start by connecting your Ledger device to your computer and downloading the Ledger Live Desktop app. Follow the guided steps to initialize your wallet securely.
Step-by-Step Instructions:
- Download and install Ledger Live from the official website.
- Open the app and choose "Get Started".
- Follow the prompts to create a new device or restore an existing wallet.
- Securely write down your recovery phrase; never store it digitally.
2. Interface Overview
Ledger Live provides an intuitive interface to manage all your cryptocurrency assets efficiently.
- Dashboard: Visual overview of portfolio and assets.
- Accounts: Add and manage multiple crypto accounts.
- Manager: Install apps on your Ledger device securely.
3. Security Guidelines
Protect your crypto by following Ledger's best security practices:
- Never share your recovery phrase with anyone.
- Verify transaction details on your device screen.
- Keep firmware and Ledger Live up-to-date for security patches.
- Use a strong password and enable 2FA where possible.
4. Sending & Receiving Crypto
Ledger Live makes transactions secure and easy:
- Navigate to your crypto account in "Accounts".
- Click "Send" or "Receive" based on the transaction type.
- Confirm the transaction details on your Ledger device.
- Track transaction status in the dashboard.
5. Frequently Asked Questions
Answers to common user queries:
- Lost Ledger device? – Restore using your recovery phrase.
- Multiple devices? – Ledger Live supports multiple devices safely.
- Is Ledger Live free? – Yes, completely free for all users.