Get Started with Ledger

A Ledger hardware wallet is a physical device that stores your cryptocurrency private keys offline, providing the highest level of security for your digital assets. Unlike software wallets or exchanges, your private keys never leave the device and are protected by a Secure Element chip - the same technology used in credit cards and passports. This means your crypto is safe from online hacks, malware, and phishing attacks. With over $30 billion in crypto stolen from exchanges and hot wallets in recent years, a hardware wallet is essential for serious crypto investors.

Setting up your Ledger device involves six key steps: First, unbox and verify your device authenticity. Second, download the official Ledger Live app from ledger.com only. Third, connect your device and set up a secure PIN (4-8 digits). Fourth, generate and securely write down your 24-word recovery phrase - this is crucial as it's your backup to access your funds. Fifth, confirm your recovery phrase on the device. Finally, install cryptocurrency apps for the coins you want to manage. The entire process takes about 15-20 minutes and is guided by clear on-screen instructions.

Your 24-word recovery phrase (also called a seed phrase) is the master key to all your cryptocurrencies. If you lose your Ledger device, this phrase allows you to recover all your funds on a new device. Write it down on the provided recovery sheets in the exact order shown, using only the pen provided. Never take a photo, store it digitally, or share it with anyone - Ledger will never ask for your recovery phrase. Store multiple copies in separate secure locations like a safe deposit box or fireproof safe. Consider using additional security measures like Ledger's Cryptosteel backup solution for extreme protection.

Ledger devices support over 1,800 cryptocurrencies including Bitcoin, Ethereum, Cardano, Solana, Polkadot, and virtually all major altcoins and tokens. The device can store multiple cryptocurrency apps simultaneously (3-20 apps depending on your model), and you can install/uninstall apps as needed without losing your funds. Supported assets include Layer 1 blockchains, DeFi tokens, stablecoins, and NFTs across multiple networks. New cryptocurrencies are regularly added through firmware updates, ensuring your device remains future-proof as the crypto ecosystem evolves.

You can buy cryptocurrency directly through Ledger Live using integrated partners like Coinbase, MoonPay, and others, then it's automatically sent to your secure Ledger addresses. Alternatively, buy crypto on any exchange and send it to your Ledger by copying your receiving address from Ledger Live. Always verify the address on your device screen before sharing it, and start with small test amounts before transferring large sums. Your Ledger generates new addresses for each transaction for privacy, but all previous addresses remain valid for receiving funds.

Yes, your Ledger device remains secure even if your computer is infected with malware or compromised. The Secure Element chip ensures that private keys never leave the device, and all transactions must be physically verified and approved on the device screen. Even if malware modifies transaction details on your computer, you'll see the real transaction details on your Ledger screen before confirming. This 'air-gapped' security model means that as long as you verify transactions on your device and keep your recovery phrase safe, your funds are protected regardless of your computer's security status.