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Ledger Live - Secure Crypto Wallet App & DeFi Gateway

Comprehensive, colorful guide to Ledger Live: portfolio management, DeFi access, secure transactions, and best practices.
Updated: September 22, 2025

Introduction to Ledger Live

Ledger Live is the official companion app for Ledger hardware wallets. It allows you to manage cryptocurrency securely, track your portfolio, send and receive assets, and access DeFi protocols safely.

Ledger Live illustrative image
Hardware wallet integration
DeFi gateway
Portfolio tracking
Secure transactions

Getting Started

  1. Download Ledger Live from ledger.com and install on your desktop or mobile device.
  2. Connect your Ledger hardware wallet via USB or Bluetooth (depending on model).
  3. Initialize the device if new, create PIN, and write down your recovery phrase securely.
  4. Open Ledger Live, navigate to Accounts, and add the cryptocurrencies you wish to manage.
  5. Update Ledger Live and device firmware for security and feature improvements.
  6. Access DeFi apps through Ledger Live integrations for safe smart contract interaction.

Security Guidelines

  • Never share your recovery phrase; it’s the key to your funds.
  • Verify addresses on your Ledger device before approving transactions.
  • Only download Ledger Live and firmware updates from official sources.
  • Consider a passphrase for added privacy and security.

Portfolio Management

Ledger Live displays your portfolio performance in real-time, allowing you to track total holdings, individual asset changes, and historical trends. Use filters and labels for better organization.

Sending & Receiving Assets

  1. To receive, open the account, click Receive, and verify the address on your device.
  2. To send, enter the recipient’s address, amount, and verify the transaction on your Ledger hardware before approving.

FAQs

Can Ledger Live manage multiple cryptocurrencies?

Yes, Ledger Live supports dozens of coins and tokens across various blockchains.

Is my crypto safe in Ledger Live?

Your private keys never leave the Ledger hardware device. Ledger Live only facilitates management and signing of transactions securely.

Can I access DeFi safely?

Yes, Ledger Live acts as a gateway to supported DeFi platforms with on-device approvals, keeping your funds secure.