Ledger Live: Desktop | Getting Started - Ledger

Introduction

Ledger Live is a powerful and secure software designed for managing cryptocurrencies using Ledger's hardware wallets. This desktop app is essential for accessing, sending, and receiving your cryptocurrencies like Bitcoin, Ethereum, and many others, securely and easily.

In this guide, we’ll show you how to get started with Ledger Live, from downloading the software to configuring your Ledger hardware wallet. You’ll also learn about the security features that protect your portfolio and provide peace of mind when handling digital assets.

Download & Setup

To begin using Ledger Live, you'll need to download the software and set up your Ledger Hardware Wallet. Follow these simple steps:

1. Download Ledger Live: Visit the official Ledger Live download page and choose the version compatible with your operating system (Windows, macOS, or Linux).
2. Install the Software: After downloading, follow the installation instructions provided for your operating system. Make sure to verify the authenticity of the downloaded file before installing.
3. Set Up Your Ledger Hardware Wallet: Connect your Ledger device to your computer using a USB cable. Follow the on-screen instructions in Ledger Live to configure your wallet and create a secure PIN.
4. Backup Your Recovery Phrase: During the setup, you'll be given a 24-word recovery phrase. Write it down and store it in a safe location. This phrase is critical for restoring access to your wallet if the device is lost or damaged.

Key Features of Ledger Live

Ledger Live offers a range of features designed to make cryptocurrency management easier, safer, and more convenient. Some of the key features include:

• Multi-Currency Support: Manage over 1800 cryptocurrencies including Bitcoin, Ethereum, Litecoin, and more.
• Real-Time Portfolio Overview: Track your portfolio’s value in real time, with detailed price charts and performance history.
• Transaction Signing: All transactions are securely signed on your Ledger device, ensuring your private keys never leave the hardware wallet.
• Install Apps for New Coins: Add support for new coins and tokens by installing their corresponding apps directly from Ledger Live.
• Advanced Security Features: Ledger Live supports features like two-factor authentication (2FA), passphrase protection, and secure backup options for your recovery phrase.

Security: How Ledger Live Protects Your Assets

Ledger Live is built with security in mind. By using a Ledger Hardware Wallet, your private keys are stored offline, making it virtually impossible for hackers to steal your funds remotely. Here are some of the key security features that Ledger Live offers:

• Private Key Management: Your private keys never leave your Ledger device. All operations, such as signing transactions, are performed on the hardware wallet itself.
• Two-Factor Authentication (2FA): For added security, enable 2FA on your Ledger Live account to require both your password and a one-time code sent to your phone.
• Recovery Phrase: The 24-word recovery phrase provides a secure backup method in case your Ledger device is lost or damaged.
• Firmware Updates: Ledger devices are regularly updated with new security patches to protect against evolving threats.