Welcome to Ledger
Ledger provides industry-leading security solutions for managing your cryptocurrency assets. Our hardware wallets combine a secure element with a proprietary operating system designed specifically to protect your crypto assets.
This guide will help you understand the fundamentals of securing your digital wealth with Ledger devices and software.
Understanding Hardware Wallets
A hardware wallet is a physical device that securely stores the private keys to your cryptocurrency assets. Unlike software wallets, hardware wallets keep your keys isolated from internet-connected devices, providing an additional layer of security against online threats.
Secure Element
Ledger devices incorporate a secure element chip, similar to technology used in passports and credit cards, to provide military-grade security for your private keys.
Ledger Live Application
The Ledger Live application allows you to manage your crypto portfolio, check balances, and make transactions while your private keys remain securely stored on your device.
Multi-Currency Support
Ledger devices support over 1,800 cryptocurrencies and tokens, allowing you to securely manage a diverse portfolio from a single device.
Security Fundamentals
Understanding these core security concepts is essential for protecting your cryptocurrency assets:
Private Keys
Your private keys are the most critical component of your cryptocurrency security. These cryptographic keys prove ownership of your digital assets and authorize transactions. Ledger devices generate and store these keys in a secure environment that never exposes them to connected computers or smartphones.
Recovery Phrase
When setting up your Ledger device, you'll create a 24-word recovery phrase. This phrase represents your private keys in a human-readable format and serves as a backup to restore access to your funds if your device is lost, stolen, or damaged.
PIN Code Protection
Your Ledger device is protected by a PIN code that you create during setup. This PIN is required each time you connect your device, preventing unauthorized access even if someone physically possesses your hardware wallet.
Ledger Device Family
Ledger offers a range of hardware wallets to meet different needs and preferences:
Ledger Nano S Plus
The Ledger Nano S Plus combines security and simplicity with an improved screen and more memory than its predecessor. It supports all major cryptocurrencies and connects via USB to your computer.
Ledger Nano X
The Ledger Nano X features Bluetooth connectivity for use with mobile devices, larger screen for better transaction verification, and increased storage capacity for managing more cryptocurrency applications simultaneously.
Ledger Stax
Ledger Stax represents the next generation of hardware wallets with its innovative curved E Ink touchscreen display, designed in collaboration with Tony Fadell. It offers an intuitive user experience while maintaining Ledger's renowned security standards.
Ledger Live Ecosystem
The Ledger Live application serves as your dashboard for managing your cryptocurrency portfolio:
Portfolio Overview
View your complete cryptocurrency portfolio with real-time balance tracking and historical performance charts across all your accounts.
Transaction Management
Send and receive cryptocurrencies with ease. Each transaction requires physical verification on your Ledger device, ensuring that only you can authorize transfers of your funds.
Staking and Earning
Participate in staking and earning programs directly through Ledger Live to grow your cryptocurrency holdings while maintaining full control of your assets.
Third-Party Integrations
Ledger Live connects with various decentralized applications and services, allowing you to interact with the broader cryptocurrency ecosystem while keeping your keys secure.
Best Practices for Crypto Security
Following these security practices will help ensure the safety of your cryptocurrency assets:
- Always purchase Ledger devices directly from the official Ledger website or authorized resellers to avoid tampered devices
- Set up your device in a private environment where no one can observe your screen
- Never share your 24-word recovery phrase with anyone or store it digitally
- Use a strong, unique PIN code for your device that's difficult to guess
- Regularly update your Ledger device firmware and Ledger Live application
- Verify receiving addresses on your device screen before sending funds
- Consider using a passphrase feature for additional security (advanced users)