Getting Started with Your New Ledger Device
Welcome to the world of self-custody! Setting up your Ledger hardware wallet is the crucial first step toward true financial security. By following these instructions carefully, you’ll ensure your cryptocurrencies and NFTs are protected from online threats. The entire process takes less than 30 minutes, but its importance cannot be overstated—it’s the foundation of your digital asset protection strategy. Remember, your Ledger device keeps your private keys offline, making it the ultimate cold storage solution.
Step 1: Download and Install Ledger Live
The companion application for your hardware wallet is **Ledger Live**. You must download the official app only from the **ledger.com/start** website. Do not download it from any other source to avoid phishing attempts. Ledger Live acts as your intuitive dashboard and allows you to manage your assets, view your portfolio, and interact with the crypto ecosystem. Once installed on your desktop or mobile, open the application and select the option to "Set up a new device." The app will guide you through an interactive process, complementing the steps you'll take on your device.
Step 2: Initialize Your Device and Set a PIN
Unbox your Ledger Nano S Plus or Nano X and connect it to your computer using the provided USB cable. Your device screen will power on and display a "Welcome" message. Use the left and right buttons to navigate, and press both simultaneously to confirm a selection. Scroll to the "Set up as new device" option and confirm. The device will then prompt you to choose a PIN code. This code, between 4 and 8 digits, is what you’ll use to unlock your device every time. Choose a unique, hard-to-guess number and enter it twice for confirmation. **Never** write your PIN down or share it. Memorize it securely.
Step 3: The Critical Recovery Phrase
Scroll through the words on your Ledger device, writing down each of the 24 words precisely. Take your time. This phrase is what you would use to restore your private keys to a new Ledger device if the original one is lost, stolen, or damaged. After writing all 24 words, the device will ask you to confirm your recovery phrase by selecting specific words. This step verifies that you have recorded it correctly. Once verified, your device is ready.
Step 4: Genuine Check and Firmware Update
Upon connecting your newly initialized device to Ledger Live, the application will automatically perform a Genuine Check. This cryptographic verification ensures your Ledger device is authentic and hasn't been tampered with. This step provides trust in your hardware. Following this, you may be prompted to update the device’s firmware. Always perform updates as they contain security enhancements and feature improvements, ensuring the best user experience. Ledger Live will guide you through this update process seamlessly.
Step 5: Install Apps and Manage Accounts
Use the "Manager" section in Ledger Live to install the necessary apps for the cryptocurrencies you want to hold (e.g., Bitcoin, Ethereum, Solana). The Ledger Live **Manager** is your gateway to adding new asset support to your device. Once the app is installed, you can create a corresponding account in the "Accounts" section. You can now securely send and receive crypto assets, knowing your funds are protected by the highest level of cold storage hardware.
Your Ledger journey begins with these five steps. Embrace self-custody and enjoy a new era of financial control.