Ledger Live® Desktop — Getting Started|Digital Assets with Ledger Live®

getstart

— 3 min read

Welcome to Ledger Live® Desktop — Getting Started

Welcome to Ledger Live® Desktop, the official application that allows you to manage your Ledger hardware wallet. With Ledger Live, you can securely store, send, receive, and manage your cryptocurrency portfolio with ease—all from the comfort of your desktop.

Whether you’re new to cryptocurrency or a seasoned user, Ledger Live provides the best tools to manage your digital assets securely. Let’s walk you through the essential steps to get started with your Ledger hardware wallet and Ledger Live Desktop.

1. Download and Install Ledger Live® Desktop

The first step in getting started is to download and install Ledger Live Desktop on your computer. This is your central hub for managing your cryptocurrency assets securely.

Once the installation file is downloaded, follow the on-screen instructions to complete the installation process.

2. Set Up Your Ledger® Hardware Wallet

Once Ledger Live Desktop is installed, the next step is to set up your Ledger hardware wallet (Ledger Nano S, Nano X, or other supported devices). Here’s how to set it up:

  1. Connect your Ledger device to your computer using the provided USB cable (or Bluetooth for Ledger Nano X).
  2. Open Ledger Live on your desktop, and it will automatically detect your Ledger device.
  3. If you’re setting up your Ledger device for the first time, you’ll be prompted to create a new wallet.
    • Create a new wallet: Write down your recovery phrase (12-24 words) on the provided recovery sheet. This is essential for recovering your wallet if the device is lost or damaged.
  4. Set a PIN code for added security. This PIN will be required each time you unlock your Ledger device.
  5. Once the setup is complete, you’ll be able to see your cryptocurrency balances and manage your accounts.

3. Install Cryptocurrency Apps on Your Ledger® Device

With your Ledger device set up, you can now install apps for the cryptocurrencies you wish to manage. Ledger Live makes it easy to install and manage apps for popular cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and others.

  1. Open Ledger Live and go to the Manager section.
  2. Browse through the list of supported cryptocurrencies and select the apps you want to install.
  3. Click Install to add the apps to your Ledger device.
  4. Once installed, you can send and receive cryptocurrency directly through Ledger Live.

4. Backup Your Recovery Phrase

Your recovery phrase is the most important piece of information for securing your cryptocurrency. In the event of device loss, theft, or damage, you can restore your wallet with this phrase on a new Ledger device.

Important: Never share your recovery phrase with anyone, and keep it stored in a secure, private location.

5. Manage Your Cryptocurrency with Ledger Live®

With Ledger Live Desktop installed and your wallet set up, you can now start managing your digital assets. Ledger Live provides the following features:

  • View balances and transaction history: Keep track of all incoming and outgoing transactions.
  • Send and receive cryptocurrencies: Easily send funds to others or receive funds into your Ledger wallet.
  • Security features: Confirm transactions securely using your Ledger device, ensuring that your private keys never leave the device.
  • Portfolio management: Track the value of your assets and organize your portfolio.

6. Keep Your Ledger® Device and Ledger Live Updated

To ensure the highest level of security, it’s essential to regularly check for and install any available firmware updates for your Ledger device and Ledger Live software.

You will receive notifications within Ledger Live when updates are available. Simply follow the prompts to update your Ledger device firmware and ensure you’re always protected against new vulnerabilities.

FAQs — Frequently Asked Questions About Ledger Live® Desktop

1. How do I back up my Ledger wallet?

Your recovery phrase is your backup. Write it down securely and store it in a safe place. If your Ledger device is lost or damaged, you can restore your wallet using this recovery phrase on any new Ledger device.

2. Can I use Ledger Live with my mobile device?

Yes, Ledger Live is available for both desktop (Windows, macOS, Linux) and mobile (iOS and Android). However, mobile functionality may be limited to Ledger Nano X, which supports Bluetooth connectivity for mobile devices.

3. How do I add new cryptocurrencies to my Ledger wallet?

To add new cryptocurrencies to your Ledger device, simply open Ledger Live, go to the Manager section, and install the apps for the cryptocurrencies you want to manage.

4. Is it safe to store my recovery phrase on my computer?

No, your recovery phrase should never be stored digitally. Always write it down and keep it in a secure, offline location. Storing it on your computer increases the risk of it being compromised.

5. How do I restore my Ledger wallet if my device is lost or damaged?

To restore your wallet, purchase a new Ledger device, install Ledger Live on your computer, and enter your recovery phrase. This will restore your assets and accounts onto the new device.

Secure Your Digital Assets with Ledger Live®

Ledger Live® Desktop gives you the control and security you need to manage your cryptocurrencies safely. If you need any assistance or have questions, don’t hesitate to visit our Support Center for additional resources and troubleshooting tips.

Read more