Ledger™ Live: Desktop | Getting Started with Your Device

Introduction to Ledger Live Desktop

Ledger Live is the official desktop application that allows you to securely manage your Ledger hardware wallet and cryptocurrencies. With Ledger Live, you can send, receive, and track your crypto assets all from one easy-to-use interface. This guide walks you through the process of setting up Ledger Live on your desktop computer and connecting it to your Ledger device.

System Requirements

Before you begin, make sure your computer meets the minimum requirements for Ledger Live:

• Operating System: Windows 8 (64-bit) or later, macOS 10.14 or later, or Linux (various distributions)
• USB port to connect your Ledger hardware wallet
• Internet connection for downloading Ledger Live and syncing accounts

Step 1: Download and Install Ledger Live

Visit the official Ledger website to download the latest version of Ledger Live for your operating system:

• Download Ledger Live

After downloading, run the installer and follow the on-screen instructions to complete installation.

Step 2: Launch Ledger Live and Initial Setup

Open Ledger Live on your desktop. The first time you launch it, you’ll be greeted with a welcome screen offering several options:

• Initialize as a new device: If you have a new Ledger wallet that has never been set up.
• Restore device from recovery phrase: If you want to restore your wallet using an existing 24-word recovery phrase.
• Use Ledger Live without a device: For viewing portfolio only (not recommended for managing funds).

Choose the option that fits your situation and proceed.

Step 3: Connect Your Ledger Hardware Wallet

Connect your Ledger Nano S, Nano X, or other Ledger device to your computer using the USB cable. Unlock the device by entering your PIN code.

Ledger Live will detect your device and guide you through the next steps, including device verification.

Step 4: Setting Up a New Device

If you are setting up a brand new Ledger device:

1. Create and confirm a PIN code on your Ledger device to secure it.
2. Write down your 24-word recovery phrase carefully on the recovery sheet provided in your package. This phrase is critical for recovering your wallet if your device is lost or damaged.
3. Confirm the recovery phrase words as prompted by your device.

Important: Never share your recovery phrase with anyone or store it digitally. Keep it offline and in a safe place.

Step 5: Restore from Recovery Phrase

If you are restoring a Ledger wallet from a previous backup:

1. Select “Restore device from recovery phrase” in Ledger Live.
2. Enter your 24-word recovery phrase accurately using the device interface.
3. Set a new PIN code to secure your restored device.

This process will recover your wallets and associated cryptocurrency accounts.

Step 6: Installing Cryptocurrency Apps

Ledger devices use apps to manage different cryptocurrencies. After your device is set up, you need to install apps for the coins you want to manage.

1. Open Ledger Live and go to the Manager tab.
2. Connect and unlock your Ledger device.
3. Browse available apps and click Install next to the cryptocurrencies you want to add, such as Bitcoin, Ethereum, or others.

You can install multiple apps, but the device storage is limited. You can uninstall apps at any time without losing your funds.

Step 7: Adding Accounts

Once apps are installed, you need to add cryptocurrency accounts within Ledger Live to manage your balances and transactions.

1. Navigate to the Accounts tab in Ledger Live.
2. Click Add Account.
3. Select the cryptocurrency corresponding to the app installed on your Ledger device.
4. Follow the prompts to synchronize the account with the blockchain.

Repeat for each cryptocurrency you want to manage.

Step 8: Sending and Receiving Cryptocurrency

Receiving Funds

To receive cryptocurrency:

1. Go to the Accounts tab and select the account you want to receive funds to.
2. Click the Receive button.
3. Connect and unlock your Ledger device.
4. Verify the receive address shown in Ledger Live matches the one on your device screen.
5. Copy and share this address to receive funds securely.

Sending Funds

To send cryptocurrency:

1. Select the account to send funds from in Ledger Live.
2. Click the Send button.
3. Enter the recipient’s address and the amount you want to send.
4. Choose the appropriate network fees.
5. Review all transaction details carefully.
6. Confirm and approve the transaction directly on your Ledger device.

Step 9: Portfolio Overview and Market Data

Ledger Live provides a comprehensive overview of your entire portfolio, showing real-time value in your preferred fiat currency.

• Track balances across multiple cryptocurrencies in one place.
• Access historical portfolio charts and trends.
• Monitor live market prices and news.

Security Features of Ledger Live and Your Device

Ledger Live and your hardware wallet work together to offer best-in-class security:

• Private keys never leave your device. All sensitive operations are done offline within the hardware wallet.
• Transaction validation on device. You confirm all operations by physically interacting with your device, protecting against malware.
• Regular firmware updates. Ledger periodically releases updates to improve security and functionality.
• Recovery phrase backup. Allows you to recover your wallet if your device is lost, stolen, or damaged.

Tips for Safe Use

• Only download Ledger Live from the official Ledger website.
• Never share your PIN or recovery phrase with anyone.
• Use a strong, memorable PIN code on your device.
• Store your recovery phrase securely offline, never digitally.
• Beware of phishing attempts and double-check URLs before entering sensitive info.
• Keep your Ledger device firmware and Ledger Live app updated to the latest versions.

Troubleshooting Common Issues

Ledger Live not detecting device:

• Try using a different USB cable or port.
• Restart Ledger Live and your computer.
• Ensure your device is unlocked and on the home screen.

Firmware update problems:

• Follow Ledger’s official update instructions carefully.
• Do not disconnect your device during updates.
• Restart the update process if it fails, and contact support if problems persist.

Forgot PIN: If you forget your PIN, you must reset the device using the recovery phrase. This will erase the device and restore your accounts.

Additional Resources

For more detailed guides, troubleshooting help, and community support, visit:

• Ledger Support Center
• Official Ledger Website
• Ledger Academy

Conclusion

Ledger Live Desktop combined with your Ledger hardware wallet offers a powerful, secure, and intuitive way to manage your cryptocurrency portfolio. By following this guide, you’ll be ready to confidently send, receive, and monitor your digital assets with peace of mind. Always prioritize security and keep your recovery phrase safe. Happy crypto managing!