Overview
What is Ledger Live?
Ledger Live is the official companion app for Ledger hardware wallets that allows users to manage cryptocurrencies securely from desktop or mobile devices. It is designed to keep private keys offline on a Ledger device while providing a friendly interface for sending, receiving, staking, swapping, and tracking assets. The app supports thousands of coins and tokens and is continuously updated to add support for new networks and integrations.
Key Features
Multi‑asset Portfolio
Ledger Live aggregates balances across multiple accounts and blockchains into a single portfolio dashboard. This helps users monitor asset allocation, performance, and activity without exposing private keys.
Send & Receive
Transactions are created in Ledger Live but must be approved on the physical Ledger device, ensuring that signing cannot be hijacked by malware on the host computer or phone.
Buy, Swap & Sell (Third‑party services)
The app integrates with vetted third‑party services to offer on‑ramps (buy crypto), swaps, and liquidity features. Ledger acts as the secure interface; these services are provided by partners and may charge fees.
Staking & Earn
Users can participate in staking for supported networks directly through Ledger Live, earning rewards while keeping keys secure on the device.
NFTs & Apps
Ledger Live includes basic NFT support and links to decentralized apps (dApps) or marketplaces while maintaining the device‑first security model.
Security Model
Device‑First Security
Ledger Live never stores private keys on your phone or computer. Instead, all signing operations happen inside the Ledger hardware device. A recovery (seed) phrase — typically 12, 18 or 24 words — is the last‑resort backup; it must never be shared.
Best Practices
- Only download Ledger Live from the official Ledger website or trusted app stores.
- Never disclose your recovery phrase to anyone or enter it into any app or website.
- Keep your device firmware and Ledger Live app up to date to receive security fixes.
- Use passphrases and multiple accounts responsibly — these add security but also complexity.
Getting Started
Install & Setup
Download Ledger Live, connect your Ledger device, and follow the guided setup. Create a new wallet or restore one using your recovery phrase. Install apps for each crypto you want to manage using the Manager inside Ledger Live.
Adding Accounts
After installing the required apps on the device, add accounts in Ledger Live for each supported network. Ledger Live maintains read‑only account data locally so you can see balances without needing a cloud sign‑in.
Advanced Usage
Custom Fees & Transaction Options
Ledger Live allows fee adjustments where networks permit — useful for prioritising speed vs cost. For advanced users, the app shows transaction details that must be verified on the device before signing.
Integrations & Third‑party Apps
Ledger Live integrates with third‑party providers for swaps, on‑ramps and other DeFi services. While Ledger vets partners, users should always review partner terms and fees when using these services.
Troubleshooting & Support
Common Issues
If Ledger Live fails to detect your device, check cables, Bluetooth (for compatible devices), and update firmware. Use the official support site or community resources for step‑by‑step guidance.
Security Alerts
Recently reported scams include fake Ledger installers and phishing pages that attempt to capture seed phrases. Always verify downloads and never enter your recovery phrase into apps or websites. If in doubt, consult Ledger Support immediately.
Practical Tips & Checklist
Before You Start
- Buy Ledger devices only from official sources or trusted retailers.
- Record your recovery phrase on paper and store it securely offline.
- Set a device PIN and consider a passphrase for extra protection.
Day‑to‑Day
- Keep Ledger Live updated and review connected third‑party services periodically.
- Use small test transactions when sending to new addresses.
FAQ
Does Ledger Live hold my crypto?
No — Ledger Live is an interface. Your private keys stay on your hardware device; cryptocurrencies live on their blockchains. Ledger Live simply facilitates viewing and signing transactions.
What if I lose my device?
Restore using your recovery phrase on another Ledger device or compatible wallet. Do this only on trusted hardware — never enter your seed phrase online or into unknown software.
Conclusion
Ledger Live is a feature‑rich, secure app for self‑custody users who pair it with Ledger hardware. When used with strong best practices — official downloads, secure seed storage, firmware updates and caution around third‑party integrations — it provides a robust foundation for managing crypto assets.