1. Overview: What is a Ledger hardware wallet?
Short definition
A Ledger hardware wallet is a physical device that stores the private keys controlling your cryptocurrency. It adds a layer of isolation so private keys never touch an internet‑connected computer or phone.
Why use it?
Hardware wallets like Ledger significantly reduce the risk of remote theft, phishing, and malware. All critical operations require confirmation on the device screen, creating a strong second‑factor for any transaction.
2. Before you begin (what to have ready)
Checklist
- Your Ledger device (Nano S, Nano X, or other Ledger model).
- A computer or smartphone and the official Ledger Live app.
- Paper and pen for writing the 24‑word recovery phrase (do not photograph it).
- A secure, private place to complete the setup; avoid public Wi‑Fi or shared computers.
Important safety tip
Only download Ledger Live from the official site (ledger.com) and never enter your 24‑word recovery phrase into any app or website—Ledger will never ask for it.
3. Step‑by‑step setup (high level)
Step A — Install Ledger Live
Download and install Ledger Live from the official download page. Open the app and follow the interactive prompts to begin.
Step B — Initialize your device
Power on the Ledger device and choose Set up as new device (unless restoring). Pick a PIN you can remember but is hard to guess.
Step C — Write the recovery phrase
The device will display a 24‑word Secret Recovery Phrase (SRP). Write it down exactly, in order, on paper or an approved metal backup. Store it offline and NEVER share it.
Step D — Install apps & add accounts
Use Ledger Live’s Manager to install cryptocurrency apps (Bitcoin, Ethereum, etc.) on your device, then add accounts in Ledger Live to view and manage those assets.
Quick note on restoring existing wallets
If you already have a recovery phrase, choose Restore device during initialization and enter your 24 words to recover accounts. See the official support guide linked above for details.
4. Everyday use
Receiving & sending crypto
To receive funds, copy your address from Ledger Live and verify it on the physical device. To send, create the transaction in Ledger Live and confirm the details on the device screen before approving.
Transaction safety tips
Always verify the address on the device screen (not just on the computer), and double‑check amounts and token types when transacting.
5. Backup, recovery & advanced features
Backup: the recovery phrase
Your 24‑word phrase is the ultimate backup. If your device is lost or damaged, the recovery phrase allows full restoration on another Ledger device or compatible wallet.
Advanced: passphrases & Recovery Key
Ledger supports optional passphrases and tools like the Ledger Recovery Key to enhance recoverability and privacy. These are advanced features—learn them via the Ledger Academy link included above before use.
6. Troubleshooting & official support
When to consult support
If you face device errors, need to restore accounts, or suspect malware, consult Ledger’s official Support site and follow the verified articles and videos—never trust unsolicited messages asking for your recovery phrase.
Useful official resources
- Start guide: ledger.com/start
- Ledger Live download: ledger.com/ledger-live-download
- Support hub: support.ledger.com
7. Summary & next steps
Key takeaways
Use the official Ledger resources. Protect your 24‑word phrase. Verify every transaction on the device. Install only from ledger.com and follow support articles for device‑specific steps.
Next steps for the reader
- Visit ledger.com/start and open Ledger Live.
- Complete device initialization and securely store your recovery phrase.
- Install apps in Ledger Live and add accounts to manage crypto.