What is Ledger Live Wallet?
Ledger Live Wallet is the official software application designed to work seamlessly with Ledger® hardware wallets. This powerful interface serves as your dashboard for managing cryptocurrency assets, providing a secure way to send, receive, and monitor your digital wealth while keeping your private keys protected on your hardware device.
Available as Ledger Live Desktop for computers and Ledger Live App for mobile devices, the software connects to your Ledger® Nano S, Nano S Plus, or Nano X, allowing you to manage over 1,800 cryptocurrencies and tokens while maintaining the highest security standards through isolation of your private keys.
Key Features of Ledger Live Wallet
Portfolio Overview
Track all your cryptocurrency holdings in one place with real-time balance updates and price charts.
Secure Transactions
Send and receive crypto with confidence knowing all transactions require physical confirmation on your device.
Built-in Exchange
Swap cryptocurrencies directly within the app through integrated exchange partners.
Staking Rewards
Earn passive income by staking supported cryptocurrencies directly through Ledger Live.
NFT Management
View and manage your NFT collections alongside your cryptocurrency portfolio.
Multi-Account Support
Create multiple accounts for different cryptocurrencies to organize your assets.
Getting Started with Ledger Live
To begin using Ledger Live Wallet with your Ledger® device:
- Purchase an authentic Ledger® hardware wallet from Ledger.com
- Visit Ledger.com/start for setup instructions
- Download Ledger Live for your operating system (Windows, Mac, or Linux)
- Connect your Ledger® device and follow the initialization process
- Create a strong PIN code for your device
- Write down your 24-word recovery phrase and store it securely
- Install apps for the cryptocurrencies you want to manage
- Start managing your assets through Ledger Live
Security First: Your recovery phrase is the only way to restore access to your funds if your device is lost or damaged. Never share it with anyone or store it digitally.
Ledger Live Desktop vs. Mobile App
Ledger Live is available in two versions to suit different user needs:
Ledger Live Desktop
The desktop application offers the full feature set of Ledger Live Wallet, including portfolio tracking, transaction history, exchange services, and staking options. Available for Windows, macOS, and Linux systems, it provides the most comprehensive management experience for your cryptocurrency assets.
Ledger Live App
The mobile application for iOS and Android devices offers convenience for managing your crypto on the go. While slightly more limited in features compared to the desktop version, it allows you to check your portfolio, receive assets, and even send cryptocurrencies when your Ledger® device is connected via Bluetooth (Nano X) or USB-C cable.
Both versions maintain the same security standards, with all sensitive operations requiring confirmation on your physical Ledger® device.
Frequently Asked Questions
Is Ledger Live Wallet free to use?
Yes, Ledger Live is completely free to download and use. The only cost is the initial purchase of your Ledger® hardware wallet. Standard blockchain network fees apply to transactions.
Can I use Ledger Live without a Ledger hardware wallet?
No, Ledger Live is specifically designed to work with Ledger® hardware wallets. The software interfaces with your physical device to ensure secure transaction signing.
How do I update Ledger Live?
The application will notify you when updates are available. You can download the latest version directly from Ledger Live or from the official Ledger.com website.
What cryptocurrencies are supported?
Ledger Live supports over 1,800 cryptocurrencies and tokens, including Bitcoin, Ethereum, XRP, Polkadot, and many others. New assets are regularly added through app updates.
Is my crypto stored in Ledger Live?
No, your cryptocurrencies are always stored on the blockchain, not in Ledger Live or your hardware wallet. Your Ledger® device simply stores your private keys, which give you access to your assets on the blockchain.
What happens if I lose my Ledger device?
If you've properly stored your 24-word recovery phrase, you can restore your wallet on a new Ledger® device. Your funds remain safe on the blockchain and can be accessed with your recovery phrase.