Ledger provides the most secure hardware wallets to protect your cryptocurrencies from threats and unauthorized access.
Ledger is a leading provider of hardware wallets designed to offer maximum security for cryptocurrency assets. Founded in 2014, Ledger has developed a reputation for creating robust, secure, and user-friendly devices that allow individuals to safely store their private keys offline. With over 4 million units sold across 190 countries, Ledger has established itself as a trusted name in the crypto security space.
The core principle behind Ledger's security is the use of a secure element chip, similar to those found in credit cards and passports. This specialized hardware is designed to securely store sensitive information and is resistant to sophisticated attacks. Combined with Ledger's proprietary operating system, BOLOS, this creates multiple layers of security that protect your assets even when connected to a compromised computer.
Ledger offers two main hardware wallet products: the Ledger Nano S and the Ledger Nano X. The Nano S is an entry-level device that provides essential security features at an affordable price point. It supports over 1,800 cryptocurrencies and features a compact design with a built-in screen for verifying transactions. The Nano X, on the other hand, is a more advanced device with Bluetooth connectivity for mobile use, increased storage capacity for apps, and a larger screen. Both devices are equipped with the same secure element chip, ensuring identical security standards.
Setting up a Ledger device is straightforward with the Ledger Live software, which serves as the interface for managing your cryptocurrency portfolio. The process involves initializing the device, setting up a PIN code, and writing down the 24-word recovery phrase. This recovery phrase is crucial—it's the only way to restore access to your funds if the device is lost, stolen, or damaged. Ledger emphasizes that they never have access to your recovery phrase, ensuring that you maintain complete control over your assets.
Beyond hardware wallets, Ledger also offers Ledger Live, a companion application that allows users to manage their crypto assets, check portfolio performance, and buy, sell, or exchange cryptocurrencies directly through the app. The platform supports staking for various cryptocurrencies, allowing users to earn rewards while keeping their assets secure. With continuous updates and new features being added regularly, Ledger remains at the forefront of cryptocurrency security innovation.
Before you begin setting up your Ledger device, ensure you have purchased it directly from Ledger.com or an authorized retailer to avoid tampered devices. Always set up your device in a private space and never share your 24-word recovery phrase with anyone. Ledger will never ask for your recovery phrase. Download Ledger Live only from the official Ledger website to avoid phishing attempts. Remember to regularly update your device firmware through Ledger Live to benefit from the latest security enhancements.