Ledger Start - Secure Your Crypto

A complete, practical presentation to get started with Ledger hardware wallets and best practices for securing digital assets.

About this Presentation

What you'll get

This presentation (approx. 2400 words) walks through the essentials of setting up a Ledger device, using Ledger Live, protecting private keys, recovery planning, and best practices for everyday security. It is structured for trainers, internal demos, or a step-by-step guide for new Ledger users.

How to use it

  1. Follow the setup steps in order for first-time users.
  2. Use the "Quick Tips" and "Troubleshooting" sections as a reference during live demos.
  3. Share the official resources listed at the end for downloads and support.
Audience

Beginners to intermediate crypto users who want a secure, repeatable setup routine for Ledger devices.

Why Choose a Ledger Hardware Wallet?

Security-first design

Ledger devices are hardware wallets that isolate private keys from internet-connected devices. This separation dramatically reduces the attack surface for phishing, malware, and remote theft. By keeping the signing capability on-device, you ensure that private keys never leave the secure element.

Control and ownership

With a hardware wallet you (and only you) control the private keys. No custodial third party holds your funds. This is fundamental for self-custody — the security principle at the heart of crypto ownership.

Real-world benefits

Before You Start

Checklist

Official purchase channels

Always buy from Ledger's official store or authorized resellers. Avoid used devices or marketplaces where tampering is harder to detect.

Step-by-step Setup

1. Unbox and inspect

Check the device packaging for tamper-evidence and that all seals are intact. The box should contain the Ledger device, USB cable, quick start cards, and recovery sheets.

2. Visit Ledger Live

Download Ledger Live from the official site and install it on your desktop or mobile device. Ledger Live is the companion app that manages firmware updates, accounts, and transactions.

Quick actions

  1. Open Ledger Live and accept the terms.
  2. Choose "Get started" then "Set up a new device".

3. Initialize device and set PIN

Follow on-device prompts to choose a PIN. Choose a PIN you can remember but that isn't trivial. Avoid reusing widely-known numbers (birthdays, simple sequences).

4. Write down your recovery phrase

The device will generate a 24-word recovery phrase (sometimes 12 or 18 depending on device/model). Write this down on the recovery sheet provided or, better, use a metal backup for long-term durability.

Important: never store the recovery phrase digitally.

5. Verify the recovery phrase

After writing the words, the device will ask you to confirm a few words. Verify carefully — this is the single factor that lets you restore access if the device is lost or damaged.

6. Install apps and add accounts

Use Ledger Live to install blockchain-specific apps (Bitcoin, Ethereum, etc.) and add accounts. Ledger Live supports multiple accounts and currency types; each account displays balances and transaction history when connected.

Using Ledger Live

Overview of features

Best practices inside Ledger Live

  1. Always confirm the receiving address on the hardware device screen before approving a send transaction.
  2. Use the built-in firmware update mechanism — don't install firmware from third-party sources.

Security Best Practices

Protecting your PIN and recovery phrase

Your PIN protects access to the device; your recovery phrase restores your assets. Treat both with the highest confidentiality:

Advanced backups

Use a metal backup to resist fire, water, and time. Consider splitting seed words across multiple secure locations (with threshold schemes only if you fully understand the risks).

Social engineering and phishing

Common attacks try to trick you into revealing your recovery phrase or installing malicious software. Always verify official links and never trust unsolicited support calls or messages asking for your seed or PIN.

Everyday Tips & Workflow

Receiving crypto

Always copy the receiving address from Ledger Live and verify the address on the device screen. Small mistakes or malicious clipboard hijacks can redirect funds.

Sending crypto

  1. Prepare transaction in Ledger Live.
  2. Review transaction details on the device display.
  3. Confirm only after verifying amount, fee, and destination address.

Using with DeFi and DApps

When connecting Ledger to web wallets or DApps, review allowances and revoke those you don't need. Use Ledger to confirm each signature and never sign transactions you don't understand.

Common Issues & Troubleshooting

Device not recognized

Try a different USB cable or port, restart Ledger Live, and ensure firmware is up to date. If issues persist, consult official support resources.

Forgot PIN

If you forget your PIN and enter it incorrectly several times, the device will reset. You must use your recovery phrase to restore accounts on a new device. This is why secure storage of the recovery phrase is critical.

Lost or damaged device

Use your recovery phrase on a new Ledger device or any compatible wallet to restore access. After restoration, make a new backup and consider moving funds in small batches until you confirm everything is correct.

Advanced Topics

Passphrase (25th word) — optional advanced security

A passphrase adds a 25th secret word to your seed to create hidden wallets. Only use this if you understand the added complexity: a lost passphrase is equivalent to losing the wallet.

Security vs usability tradeoff

Adding a passphrase increases security but also operational risk. Consider professional advice and thorough testing before adopting passphrases in production for large holdings.

Multi-account and multi-coin management

Ledger supports multiple accounts and many blockchains. Use account labels and notes in Ledger Live to remain organized and prevent accidental sends between similar addresses.

Official Resources & Links

Below are direct links to official Ledger pages for downloads, support, and learning. Always prefer these official pages over third-party sources.

Tip

Bookmark official pages and verify the TLS certificate and domain before downloading or providing any information.

Quick Setup Checklist (Printable)

1. Buy only from official store (https://shop.ledger.com)
2. Download Ledger Live from https://www.ledger.com/ledger-live
3. Unbox and inspect for tampering
4. Initialize device & set a secure PIN
5. Write down 24-word recovery phrase offline
6. Verify seed on device
7. Install necessary blockchain apps via Ledger Live
8. Practice a small test transaction
9. Make a durable metal backup of seed
10. Store backups in secure locations
      

Closing & Next Steps

Summary

Hardware wallets like Ledger provide the strongest practical protection for private keys when used correctly. The setup routine above, combined with good operational security, will protect most users from the common threats that lead to loss of crypto assets.

Next steps

Get Started with Ledger