Introduction
Ledger® Quick Start™ provides a complete walkthrough for safely setting up your Ledger hardware wallet. By following this guide, users can initialize their device, create secure backups, manage their crypto assets, and understand advanced security practices.
Step 1: Unboxing Your Ledger
Carefully unpack your Ledger device. The package includes:
- Ledger device
- USB cable
- Recovery sheet
- Instructions
Check the device for any tampering. Only use Ledger devices purchased from official sources.
Step 2: Connect to Ledger Live
Ledger Live is the official companion app. Download it from the official site and install on your computer or mobile device. Connect your Ledger device via USB or supported cable.
Step 3: Initialize Device
Choose between:
- Creating a new wallet
- Recovering an existing wallet
The device will generate a 24-word recovery phrase if creating a new wallet.
Step 4: Secure Your Recovery Phrase
- Write down all words in the correct order on the provided recovery sheet.
- Store your recovery phrase offline, preferably in a secure, fireproof place.
- Never store it digitally or share it with anyone.
Step 5: Set a PIN
Choose a PIN for your Ledger device. This PIN is required each time the device connects to Ledger Live, adding protection against unauthorized access.
Step 6: Firmware Update
Ledger frequently releases firmware updates. Use Ledger Live to check for updates and follow on-device prompts for secure installation.
Step 7: Adding Accounts & Cryptocurrencies
Within Ledger Live, add accounts for the cryptocurrencies you hold. Ledger supports Bitcoin, Ethereum, and hundreds of tokens. Each account allows sending, receiving, and portfolio management.
Step 8: Sending and Receiving Crypto
All transactions require confirmation on-device to ensure security. Always verify transaction details on the Ledger screen.
Step 9: Advanced Security Features
Passphrase Protection
Add a passphrase to create hidden wallets for added security. Keep the passphrase private; losing it results in loss of access.
Multisignature Wallets
Ledger devices can be part of multisig setups for enhanced security in enterprise or large holdings.
Security Best Practices
- Only download Ledger Live from official sources.
- Keep firmware up-to-date and verify all updates on-device.
- Never share recovery phrase or PIN.
- Use trusted devices to connect to Ledger Live.
- Consider offline backups for long-term storage.
Frequently Asked Questions
Can I recover my wallet if I lose my Ledger?
Yes, using your recovery phrase on a new Ledger device.
Can I set up multiple accounts?
Yes, Ledger supports multiple cryptocurrency accounts and hidden wallets via passphrases.
Is Ledger safe to use on any computer?
Yes, private keys remain on-device; all signing occurs on the Ledger, ensuring maximum security.
Conclusion
The Ledger® Quick Start™ guide ensures safe and secure setup of your Ledger hardware wallet. Follow this walkthrough to initialize, protect, and manage your cryptocurrency confidently. Always follow best practices and verify all steps using official Ledger resources.