Ledger Setup Guide

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Table of Contents

Welcome to Your Secure Crypto Journey

Maximum Security

Hardware-level protection for your digital assets

Easy Management

Simple companion app for all your crypto needs

Multi-Blockchain

Support for Bitcoin, Ethereum, and many more

Managing digital assets should feel safe, simple, and empowering. This guide will walk you step-by-step through setting up your new hardware wallet, securing your recovery phrase, installing the companion app, and making your first crypto transactions with confidence. Whether you're brand new to digital assets or upgrading to hardware-level protection, you're in the right place.

1. Unbox & Verify Your Device

When you unbox your device, you should find the following items:

Your Ledger hardware wallet
A USB cable
Recovery phrase cards
A quick-start guide

Security Check

Before proceeding, verify the device has not been tampered with. The wallet should arrive sealed and unused. If anything appears damaged or suspicious, contact support before continuing.

Your device should never come with a pre-written recovery phrase—if it does, do not use it.

2. Power On & Choose New or Restore Wallet

Connect your device with the supplied USB cable and power it on. You'll be presented with two options:

Create a New Wallet

Choose this if this is your first hardware wallet or you want a brand new recovery phrase generated.

Restore Wallet

Pick this if you already have a recovery phrase from a previous Ledger device or a compatible wallet.

Security Warning

3. Create a PIN Code

Your device will then ask you to create a secure PIN. This PIN protects your device from unauthorized access.

Important: Avoid simple combinations like "0000" or "1234." If the wrong PIN is entered too many times, the device will reset itself as a security measure.

Security Warning

4. Generate & Secure Your Recovery Phrase

This step is the foundation of your wallet security. Your Ledger device will display a 24-word (or sometimes 12-word) recovery phrase. These words are your master key to your digital assets.

How to Protect Your Recovery Phrase

  • Write it down manually on the provided sheets
  • Double-check the spelling and order
  • Store it in a secure, offline location
  • Never store it digitally or online
  • Never share it with anyone—no employee will ever ask for it

Your recovery phrase is the only way to restore your wallet if your device is lost or damaged.

5. Download & Install the Companion App

To manage your assets, install the official companion application from the manufacturer. The app lets you install blockchain apps, manage accounts, send and receive crypto, view your portfolio, and keep your device updated.

Always download it from the official website or trusted app stores.

ledger.com/ledger-live

6. Connect Your Device to the App

After installation, open the app on your computer or mobile phone. Then:

1

Connect your Ledger device using USB or Bluetooth

2

Unlock the device with your PIN

3

Follow the on-screen instructions to verify authenticity

7. Install Blockchain Apps on Your Device

Your Ledger can support many blockchains, but each requires its own app installed on the device. Some common examples include:

B
Bitcoin
E
Ethereum
S
Solana
P
Polygon
B
Binance Smart Chain
C
Cardano

Installing each app only takes a few seconds and enables you to add accounts for that asset inside the companion app.

8. Add Your Crypto Accounts

In the companion app, go to "Add Account." For each cryptocurrency:

1

Select the blockchain

2

Connect and unlock your device

3

Confirm account creation on the device screen

Your new account will then appear on your portfolio dashboard.

9. Receive Crypto Safely

To receive assets:

1

Open the companion app

2

Select "Receive" for the chosen account

3

Connect and unlock your device

4

Verify the address displayed on the device matches the one on the app

5

Share or copy the address and receive funds

Always verify addresses on the device screen to stay protected from potential malware.

10. Send Crypto Securely

Sending funds is just as simple. Enter the destination address, amount, and fees in the app, then confirm the transaction on your device.

Your Ledger will not allow a transaction unless you physically approve it, ensuring strong protection against unauthorized access.

11. Keep Your Firmware Updated

Firmware updates improve security and add new features. Only update your device through the companion app. Never download firmware from any other source.

You will never need to enter your recovery phrase during a normal update—only during a restoration.

12. Best Practices for Long-Term Security

Physical Security

  • Store recovery phrase in a fireproof, waterproof place
  • Consider using a steel backup plate for extra protection

Digital Security

  • Never share your PIN or recovery phrase
  • Beware of phishing attempts
  • Regularly update your app

13. You're Ready — Explore Crypto With Confidence

Congratulations! Setup Complete

Your Ledger device is now fully set up and ready to protect your digital assets. With secure offline storage, verified transactions, and complete ownership of your private keys, you can confidently explore crypto, DeFi, NFTs, and more.

For further help, always refer to the official support resources of your hardware wallet provider.

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