Overview

What is Ledger Live?

Ledger Live is a desktop and mobile application that connects to Ledger hardware wallets. It lets users manage multiple cryptocurrency accounts, view balances, send/receive assets, and interact with decentralized apps while keeping private keys offline on the hardware device.

Security Model

How Ledger protects your crypto

Ledger devices store private keys in a secure element — an isolated chip designed to resist extraction. Ledger Live acts as the interface; all signing happens on-device. Even if a host computer is compromised, the private keys never leave the hardware wallet.

Important components

• Seed phrase (24 words) — single recovery root
• PIN access to the device
• Firmware signed by Ledger to prevent tampering

Getting Started

First-time setup checklist

Unbox only from trusted retailers, initialize the device using the on-screen instructions, generate and write down the 24-word recovery phrase on a durable backup, and install Ledger Live from the official Ledger website.

Quick tips

1. Never share your 24-word phrase.
2. Use a metal backup for long-term storage.
3. Verify device firmware before use.

Portfolio Manager

Track holdings in one place

Ledger Live aggregates balances across supported blockchains, shows historical performance, and displays fiat valuations. Use tags and filters to organize holdings, and export CSV reports for accounting or tax purposes.

Features

• Real-time portfolio value
• Transaction history & analytics
• CSV export & reporting

Transactions & Staking

Send, receive and stake securely

When initiating a transaction in Ledger Live, the transaction details are shown in the app and must be confirmed on the device screen. Many chains also support staking directly via Ledger Live, enabling rewards while keeping funds in cold custody.

Best practices

• Always verify addresses on-device.
• Use recommended fee levels for timely confirmations.
• Check staking lockup terms before delegating.

Apps & Integrations

Extend functionality

Ledger Live supports third-party apps and integrates with DeFi interfaces and NFT marketplaces. Connect to web3 dapps using Ledger Live and a compatible browser extension, while signing using the hardware device for secure approvals.

Examples

• DeFi protocol wallets
• NFT marketplace sign-ins
• Exchange links for fiat on-ramps

Enterprise & Compliance

Use-cases for teams

Organizations can pair Ledger hardware devices with managed workflows for treasury, multi-user approvals, and audit trails. Ledger Live’s exportable records help with compliance and reconciliation needs of finance teams holding crypto assets.

Controls

• Multi-device setups
• Documented signing policies
• Periodic audits & firmware review

Troubleshooting & Best Practices

Keep your funds safe

If you lose a device, use your 24-word recovery phrase to restore on another Ledger or compatible wallet. Never enter your seed into software on the internet. Keep firmware and Ledger Live updated from official channels, and verify links before downloading.

Checklist

• Backup seed in multiple secure locations.
• Verify software signatures and sources.
• Use passphrases if you need hidden accounts.

Summary & Next Steps

Why Ledger Live

Ledger Live combines hardware-level security with a polished user interface, making it easy to securely manage crypto portfolios and interact with modern blockchain services. For individuals and teams focused on safety, Ledger Live with a hardware wallet is an industry-standard approach.