Getting Started with Ledger®

Ledger® is one of the most trusted names in the cryptocurrency hardware wallet industry. Its devices provide users with the tools they need to secure, manage, and grow their digital assets safely. If you are new to Ledger or crypto wallets in general, this guide will walk you through every step to get started—from unboxing your device to securing your assets and making your first transactions.

Why Choose Ledger?

Unlike online wallets or mobile wallets that are constantly connected to the internet, Ledger hardware wallets keep your private keys stored offline, significantly reducing the risk of hacking or unauthorized access. With Ledger, your crypto remains under your full control while benefiting from advanced security features.

Quick Fact: Over 5 million Ledger devices have been sold worldwide, protecting billions in crypto assets.

Step 1: Unboxing Your Ledger Device

When you first receive your Ledger device, verify that the box is sealed and has not been tampered with. Inside the box, you’ll typically find:

Step 2: Setting Up Your Ledger Wallet

To set up your Ledger wallet, follow these steps:

  1. Connect your device to your computer or mobile using the provided cable.
  2. Power on the device and follow the on-screen instructions.
  3. Choose a PIN code. This will be required every time you access the device.
  4. Write down your 24-word recovery phrase on the provided sheet. This phrase is crucial—never share it with anyone and never store it digitally.

Your recovery phrase is the ultimate backup of your wallet. If you ever lose your device, you can restore access to your crypto using this phrase.

Step 3: Install Ledger Live

Ledger Live is the official companion app for Ledger hardware wallets. It allows you to manage your assets, check balances, install apps, and send or receive crypto. To install Ledger Live:

Step 4: Adding Accounts

After setting up Ledger Live, you can add different cryptocurrency accounts. Each account corresponds to a blockchain (like Bitcoin, Ethereum, or Solana). To add an account:

Step 5: Making Transactions

Once your accounts are added, you can send and receive crypto:

Every transaction requires device confirmation, ensuring no unauthorized transactions can occur.

Best Practices for Security

Managing Multiple Assets

Ledger devices support over 5,000 crypto assets, including popular ones like Bitcoin, Ethereum, XRP, Solana, and many ERC-20 tokens. You can install and manage multiple apps on your Ledger depending on your device’s storage capacity.

Restoring Your Wallet

If you lose or damage your Ledger device, you can restore your wallet using your 24-word recovery phrase. Simply get a new Ledger device, choose “Restore from Recovery Phrase” during setup, and enter your words in the correct order. This ensures your funds remain safe even if the physical device is lost.

Conclusion

Getting started with Ledger is simple, yet it provides a significant upgrade to your crypto security. By combining Ledger’s secure hardware with the powerful Ledger Live app, you gain complete control of your assets while minimizing risks. Remember to always follow security best practices, keep your recovery phrase safe, and only download software from official sources. With Ledger, you can confidently manage, grow, and protect your crypto investments.