Ledger Live – Official Crypto Wallet Management

Securely manage your crypto on desktop & mobile • Presentation

Overview

This presentation covers Ledger Live: what it is, setup steps, security features, account management, transactions, staking & apps, backup and recovery procedures, best practices, and useful resources. Each slide is written for clarity and ready for conversion into an Office slide deck.

What is Ledger Live?

Definition and Purpose

Ledger Live is the official companion software for Ledger hardware wallets. It acts as a secure interface to view balances, manage multiple accounts, install apps on your device, and sign transactions offline — keeping private keys isolated on the hardware device. Ledger Live works across desktop and mobile platforms, offering a single point of control for your crypto holdings.

Key components

Important links

Ledger Live official pageLedger Support

Setup & Installation

Download & Install

Download Ledger Live only from the official site. Install on your desktop (Windows/macOS/Linux) or mobile (iOS/Android). During installation, Ledger Live will prompt to create or recover a device and guide you through firmware updates and app installs.

Initial steps

Tip

Never enter your 24-word recovery phrase into Ledger Live or any website — it belongs only on the physical recovery sheet and the device itself.

Security Model

Hardware Isolation

Ledger’s core security is hardware isolation: private keys never leave the secure element inside the Ledger device. Transactions are constructed in Ledger Live but must be approved on-device, preventing remote key extraction by software attacks.

Additional protections

Security best practice

Keep firmware up to date, verify addresses on the device screen, and avoid third-party downloads from unofficial sources.

Managing Accounts & Portfolio

Create and Label Accounts

Ledger Live supports many blockchains. Create separate accounts per asset and label them for quick identification (e.g., “BTC — Savings”). The portfolio view aggregates balances and market values for a consolidated snapshot.

Organizational tips

Integration

Ledger Live connects to partner services (swap, buy/sell) subject to regional availability. Review partner terms and fees before using built-in services.

Sending and Receiving Crypto

Receive Flow

To receive funds, generate a receiving address in Ledger Live and verify the same address on your physical device screen — never trust a copied address without device verification.

Send Flow

Construct the transaction in Ledger Live, set the appropriate fee level, and confirm the transaction details shown on the Ledger device before approving. This ensures that malicious software cannot alter transaction data unnoticed.

Fees & Timing

Fees depend on network congestion. Ledger Live provides suggested fee presets (low/standard/fast). For high-value transfers, consider using higher confirmations and verify destination addresses meticulously.

Staking, Apps & dApps

Staking

Ledger Live supports staking for select assets. Staking lets you earn rewards while maintaining custody; however, each network has its own lockup, commission, and unstaking delay — check details before delegating funds.

Apps and dApps

Install blockchain-specific apps onto your Ledger device via the Manager in Ledger Live. Connect to dApps using Ledger Live or via WalletConnect/bridge integrations, always confirming actions on-device.

Note

Third-party dApps may request signatures — review purpose and permissions carefully before approving any signature request.

Backup & Recovery

Recovery Phrase

Your 24-word recovery phrase is the ultimate backup. Store it offline, ideally in multiple secure physical locations (e.g., safe deposit box). Do not store it in cloud storage, photos, or password managers.

Recovering a Device

If your device is lost or damaged, obtain a new Ledger hardware wallet and use the “Restore device” flow in Ledger Live with your recovery phrase to recover all accounts and funds.

Emergency planning

Consider a clear inheritance plan for your recovery phrase (trusted attorney or safe custody solutions) and keep documentation limited to need-to-know parties.

Best Practices & Common Pitfalls

Do

Don’t

Additional recommendation

Regularly review account activity, enable notifications, and practice small-value test transactions before large transfers.

Resources & Closing

Official Resources

Ledger Live download & support: https://www.ledger.com/ledger-live. Knowledge base and troubleshooting: https://support.ledger.com.

Office Compatibility

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Final thought

Ledger Live combined with a Ledger hardware wallet provides a strong balance of usability and security when managed carefully. Use the tools provided, keep backups offline, and double-check every transaction.