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Ledger Live Wallet: Most Trusted & Secure Wallet
Ledger Live Wallet - Most Trusted & Secure Wallet - gitbook A short overview of the Ledger Wallet and the setup process Users are getting confused about the type of wallet
Pave Your Way to Secure Crypto with Ledger Live Wallet
Hey Trader Community! Are you looking for a secured hardware wallet that is manageable online as well? If yes, this read won’t disappoint you as we are about to present a complete beginner's guide to purchasing and setting up a perfect hardware device- Ledger Wallet.
YES! This wallet allows you to hold your assets offline and along with this, you can also manage your holding online with the help of the Ledger Live Wallet app.
This wallet does not only allow you to manage crypto assets but provides a gateway to explore so many other landscapes including DeFi. If you are also the one who is interested in as
How do I get Ledger Live on my desktop?
Ledger Wallet's Ledger Live software, which can be downloaded for both mobile and desktop devices, enables users to manage their assets online. You must immediately carry out the aforementioned steps if you wish to download the Ledger Live program on your desktop.
- 2.Tap the "Download the app" button there when you see it.
- 3.Choose your desired choice from the following alternatives when prompted:
- Linux, Mac, and Windows apps
- 5.Verify that the option you choose is compatible with your device.
- 6.Once you tap it, the Ledger Live software will immediately download to your desktop.
After installation, touch on the downloaded file to start it on your smartphone by following the on-screen prompts. The steps may differ depending on the device. After logging onto Ledger Live Wallet, you can now start setting it up so that it is prepared to manage stored cryptocurrency holdings.
Let’s dive into the process of Ledger Live setup
You must connect the Ledger Live Wallet app to your physical Ledger Wallet device after the software has been successfully installed on your device. Follow the instructions in this section to complete the procedures to do this.
- 1.Click "Get Started" in the Ledger Live app after installing it, and three options will appear.
- 2.Skip Device Setup; • Set Up a New Device; • Restore the Device from a Recovery Phrase.
That’s it, you are done with the wallet setup and now, what you need to do is securely store the seed phrase somewhere safely as it will be prompted next. Keep in mind that it will be used to recover your Ledger Live Wallet and to back up private keys.
The Bottom Line!
In all, the process of setting up a Ledger Live Wallet is not as complex as it seems. I have covered everything in this write-up, so if you’ll walk through this write-up properly, you can easily set up your Ledger wallet and can begin its usage with ease. Winding up this read with a piece of generic advice for all software or hardware wallet users, do not reveal your seed phrase or PIN to anyone as it could become a cause of losing your all funds in case any third person recovers your wallet and steals all of your funds.