How to Set Up Your First Ledger Hardware Wallet

Getting started with your first hardware wallet can feel overwhelming, but it's one of the most important steps you can take to secure your cryptocurrency. In this comprehensive guide, we'll walk through every step of setting up your Ledger device.

What You'll Need

Before we begin, make sure you have:

• • Your new Ledger device (Nano X, Nano S Plus, or Stax)
• • A computer or smartphone
• • A reliable internet connection
• • Pen and paper for your recovery phrase

Step 1: Download Ledger Live

Ledger Live is the official companion app for your Ledger device. Download it from the official Ledger website only. Never download Ledger Live from third-party sources as they may contain malware.

Step 2: Initialize Your Device

When you first power on your Ledger device, you'll be prompted to set up a new device or restore from a recovery phrase. For a new device, choose 'Set up as new device'.

Step 3: Create Your PIN

Your PIN is your first line of defense. Choose a 4-8 digit PIN that's easy for you to remember but difficult for others to guess. Avoid obvious combinations like 1234 or your birth year.

Step 4: Write Down Your Recovery Phrase

This is the most critical step. Your recovery phrase is a 24-word backup of your private keys. Write it down exactly as shown on your device, in the correct order. Store this phrase safely offline - never take a photo or store it digitally.

Remember: anyone with access to your recovery phrase can control your crypto assets. Treat it like cash and keep it secure.