What is Ledger Live Wallet?
Ledger Live is the official application developed by Ledger to manage your cryptocurrency assets directly from your desktop or mobile device. Combined with a Ledger hardware wallet, it offers users a secure and user-friendly way to buy, sell, stake, exchange, and manage crypto coins and tokens, all from one platform.
Designed for both beginners and experienced users, Ledger Live supports a wide range of cryptocurrencies and provides real-time portfolio tracking, security updates, staking opportunities, and seamless firmware upgrades.
Key Features of Ledger Live
- Multi-Asset Management: Manage over 5,500 coins and tokens in one place, including Bitcoin, Ethereum, Solana, Cardano, and more.
- Buy, Sell, Swap: Buy crypto with credit card or bank transfer, swap tokens instantly, and sell selected assets securely.
- Staking Made Easy: Stake coins like Ethereum, Polkadot, and Tezos to earn rewards directly from your Ledger device.
- Real-Time Portfolio Tracking: Monitor your asset value and performance with market data and charts.
- Secure App Installation: Install or remove apps on your Ledger hardware wallet directly through Ledger Live.
- Cross-Platform: Available for Windows, macOS, Linux, Android, and iOS.
How to Set Up Ledger Live
Setting up Ledger Live is simple. Follow these steps to get started:
- Step 1: Download Ledger Live from the official website: ledger.com/ledger-live.
- Step 2: Install the app on your desktop or mobile device.
- Step 3: Open the app and select “Get Started”. Choose your Ledger device (Nano S, Nano X, or Nano S Plus).
- Step 4: Follow the instructions to set up a new device or restore from a recovery phrase.
- Step 5: Use Ledger Live to add crypto accounts and install apps (e.g., Bitcoin, Ethereum).
- Step 6: Start managing, buying, and tracking your assets securely!
Security You Can Trust
Ledger Live works in combination with Ledger’s secure hardware wallets, which ensure your private keys are stored offline and never exposed to the internet. Unlike software wallets, Ledger devices offer true cold storage protection.
- All transactions must be confirmed on your physical Ledger device, preventing remote hacks.
- Ledger Live never stores your recovery phrase or private keys.
- Built-in tools to check device authenticity and firmware updates.
- Phishing protection built into the Ledger ecosystem.
- Option to use a passphrase for additional security.
Supported Coins and Tokens
Ledger Live supports a wide array of cryptocurrencies. Some of the top supported assets include:
- Bitcoin (BTC)
- Ethereum (ETH) + ERC-20 tokens
- Solana (SOL)
- Cardano (ADA)
- Ripple (XRP)
- Polkadot (DOT)
- Litecoin (LTC)
- Binance Coin (BNB)
- Tezos (XTZ)
- And over 5,000+ more tokens
You can easily install or uninstall crypto apps from Ledger Live to optimize the device’s memory usage.
Frequently Asked Questions
1. Is Ledger Live free?
Yes, Ledger Live is 100% free to download and use. You only pay network fees when making transactions.
2. Can I use Ledger Live without a hardware wallet?
You can explore the app, but full features (like sending and staking) require a Ledger device for security.
3. Is Ledger Live open-source?
Most components of Ledger Live are open-source and available on GitHub for transparency.
4. Can I connect Ledger Live with MetaMask?
Yes, you can use your Ledger wallet with MetaMask while keeping your keys secured offline.
5. Does Ledger Live support NFTs?
Yes, you can view and manage Ethereum and Polygon NFTs within Ledger Live.
Need Help? We're Here for You
If you run into any issues using Ledger Live, here’s how you can get support: