Ledger Live is an advanced crypto wallet application designed to securely manage and grow your digital assets. Supporting over 15,000 coins and tokens, Ledger Live enables users to track portfolios, buy/sell crypto, swap assets, stake coins, and explore DeFi services in a single interface.
When using Ledger Live for first time, users must initialize their Ledger hardware device or restore it from an existing recovery phrase. This includes setting a PIN code and securely recording the 24-word recovery phrase.
The recovery phrase must never be shared or entered into any computer software except the device itself during recovery. Loss of both device and phrase results in permanent loss of assets.
Ledger Live enables straightforward sending and receiving of cryptocurrencies via an easy workflow:
Ledger Live displays accurate deposit addresses for each asset, which can be scanned or copied for incoming transfers. Addresses are unique and tied to the hardware wallet's keys.
Ledger allows adding a 25th word as a passphrase on top of your recovery phrase to create hidden wallets. This adds an extra layer of privacy by concealing assets on a second wallet accessible only with the passphrase.
Passphrases can be set up in Ledger Live and confirmed on device. They require a second PIN and can be used to manage multiple wallets securely without exposing all assets.
Incorrectly losing or forgetting the passphrase results in loss of access to that hidden wallet. Always store passphrases securely and separately.
Ledger Live integrates with numerous decentralized finance applications and dapps, allowing users to stake, swap, and participate in DeFi protocols safely through hardware wallet confirmation.
Trusted services like Revolut, MoonPay, Coinbase, Lido, Kiln, and Figment are accessible from within Ledger Live for buying, staking, and swapping.
Ledger offers Wallet APIs for developers to build apps that interact securely with Ledger hardware wallets, expanding Ledger Live functionality programmatically.
The intuitive dashboard provides a 360° portfolio view with real-time balance updates, transaction history, and market charts.
Users can customize views, notifications, and transaction preferences, enhancing usability whether for beginners or advanced traders.
Only download Ledger Live apps from official Ledger website. Be wary of counterfeit apps mimicking Ledger Live, especially on third-party stores.
Ledger Live never asks for your seed phrase on the computer. Verify every transaction on your Ledger hardware device physically and never enter your recovery phrase outside the device.
Entering wrong PIN 3 times resets device to factory settings, protecting assets from unauthorized access. Always keep your recovery phrase handy for recovery.
Ledger Live is available for Desktop (Windows, macOS, Linux) and Mobile (iOS, Android) from the official Ledger Live page.
For help, tutorials, and community support, visit Ledger's official support center or YouTube channels featuring Ledger Live tutorials.