Ledger.com/start - Ledger Wallet Setup Guide
As the cryptocurrency space grows, the need for secure storage becomes more important than ever. Ledger, a well-known brand in the hardware wallet industry, offers users a reliable way to store digital assets offline. The process of setting up a Ledger wallet typically begins at what is commonly referred to as “Ledger.com/start,” a term that represents the official starting point for new device users.
This article walks you through the steps involved in setting up your Ledger wallet, ensuring your assets remain safe from online threats.
A Ledger hardware wallet is a physical device that stores your private keys offline. By doing so, it significantly reduces the risk of your funds being hacked or stolen. Ledger supports a wide range of cryptocurrencies including Bitcoin, Ethereum, and many popular altcoins. The two most popular models are the Ledger Nano S Plus and Ledger Nano X.
Carefully open the box and check your Ledger device. Ensure the packaging is intact and the device hasn’t been tampered with.
Plug your Ledger device into a computer or smartphone using the included cable. Power it on and follow the instructions on the screen to begin the setup.
You will be asked to choose a secure PIN code. This PIN is required each time you access your device. Never share it and avoid using predictable combinations.
The device will generate a 24-word recovery phrase (also known as a seed phrase). This is your backup and is crucial for recovering your wallet if the device is lost or damaged. Write it down carefully and store it offline in a secure location.
You will be asked to confirm the words of your recovery phrase in the correct order to ensure it was recorded properly.
After setting up your hardware device, you can use Ledger's official companion application to manage your assets. The app allows you to install cryptocurrency apps, create accounts, send and receive assets, and check balances.
A secure setup is the foundation of your cryptocurrency safety. Many hacks and losses occur not because of vulnerabilities in the hardware wallet itself, but due to user error or phishing attacks. Taking the time to properly configure your Ledger wallet and understand how it works is essential to protecting your funds.