Ledger Live® | Starting Up Your Device

Welcome to your complete guide on setting up and starting your Ledger Live® device securely and effectively. Ledger Live is the official software companion designed to interact seamlessly with your Ledger hardware wallet, ensuring the safe management of your cryptocurrency portfolio.

Why Choose Ledger Live?

Ledger Live offers a user-friendly interface to manage a diverse range of cryptocurrencies. It pairs with your Ledger hardware wallet to provide a secure environment where your private keys never leave the device, safeguarding your digital assets from cyber threats.

What You'll Need Before Starting

Step 1: Download and Install Ledger Live

Start by downloading the official Ledger Live application. Always download from the official Ledger website to avoid phishing scams or fake software:

Step 2: Connect and Initialize Your Ledger Device

Plug your Ledger device into your computer or connect via Bluetooth if you own a Ledger Nano X:

  1. Power on the device
  2. Choose to either “Initialize as new device” or “Restore from recovery phrase” if you already have one
  3. Set a secure PIN code between 4 and 8 digits. This PIN will be required to access your device
  4. If initializing as new, your device will generate a 24-word recovery phrase. Write this down carefully — this phrase is crucial for wallet recovery!

Step 3: Securing Your Recovery Phrase

The 24-word recovery phrase is the master key to your wallet. Ledger devices never store this phrase digitally, so protecting it physically is paramount:

Step 4: Installing Cryptocurrency Apps

Ledger Live uses individual cryptocurrency apps installed on your Ledger device to manage each blockchain. To install apps:

  1. Open Ledger Live and navigate to the “Manager” tab
  2. Connect and unlock your Ledger device
  3. Browse the app catalog and install apps for the cryptocurrencies you want to use

Each app typically takes up a small amount of space, so you can install multiple as needed. Ledger Live will notify you if your device’s storage is full.

Step 5: Adding Accounts

After apps are installed on your device, you can add accounts in Ledger Live to monitor and manage your assets:

  1. Go to the “Accounts” section
  2. Click “Add account”
  3. Select the cryptocurrency corresponding to the app you installed
  4. Follow the prompts to add your account

Your accounts will now be visible in Ledger Live, showing balances, recent transactions, and portfolio overview.

Step 6: Sending and Receiving Cryptocurrency

Ledger Live allows you to securely send and receive cryptocurrencies:

Receiving Funds

Sending Funds

Step 7: Keeping Your Ledger Live Secure

Security is the foundation of your Ledger experience. Follow these best practices:

Advanced Features of Ledger Live

Ledger Live continues to evolve and offer powerful features beyond simple wallet management:

What To Do If You Lose Your Ledger Device

If your device is lost, stolen, or damaged, don’t panic:

  1. Get a new Ledger hardware wallet from the official Ledger website
  2. During setup, choose “Restore device from recovery phrase”
  3. Enter your 24-word recovery phrase carefully and in the correct order
  4. Create a new PIN and complete the restoration process

This process restores access to all your crypto assets and accounts as before.

Common Mistakes to Avoid

Helpful Resources & Support

Ledger offers extensive official resources to help you at every step: