What is Ledger Live?
Ledger Live is a desktop and mobile application made by Ledger to manage cryptocurrencies stored on Ledger hardware wallets. It acts as the user interface for checking account balances, sending and receiving coins, installing apps on your hardware device, and viewing portfolio performance. The app connects to Ledger hardware (like Nano S Plus and Nano X) so private keys remain on the device.
Key features
- Account management for many cryptocurrencies in one place.
- Secure transaction signing using a Ledger hardware device.
- Portfolio view that shows holdings and recent activity.
- Built-in support for staking and some decentralized finance (DeFi) integrations.
- Easy app management to add or remove coin apps on your device.
Why use Ledger Live?
The main advantage of Ledger Live is security: private keys never leave the hardware wallet. Transactions are prepared on the computer or phone, then physically confirmed on the Ledger device. This reduces the risk of remote theft from malware or compromised software. Ledger Live is also convenient: it combines balance tracking, transactions, and device management into one simple application.
How to get started (basic steps)
First, set up your Ledger hardware according to the included instructions. Install Ledger Live on your computer or phone, open it, and follow the setup wizard to create or restore an account. Connect your device when prompted and install the apps for the cryptocurrencies you want to use. Add accounts in Ledger Live to view balances. To send or receive crypto, use the app to create a transaction and confirm it on your Ledger device.
Good practices
- Always keep your recovery phrase (24 words) offline and private—never enter it into an app or website.
- Keep Ledger Live and your device firmware up to date to get security fixes and new coin support.
- Verify addresses on your physical device screen before confirming transactions.
Limitations
Ledger Live does not replace a full node or advanced trading tools. Some tokens, complex smart-contract interactions, or niche coins may require third-party integrations or wallet connectors. Always double-check compatibility before sending funds.
Ledger Live is designed for users who want a balance of security and usability: hardware-backed private keys with a straightforward interface. For everyday management of crypto assets while keeping control of keys, it is one of the most widely used tools.