Complete Guide to Securing Your Cryptocurrency
Welcome to the official setup guide for Ledger hardware wallets. Whether you're new to cryptocurrency or a seasoned investor, properly securing your digital assets is crucial in today's digital landscape.
Why Hardware Wallets Are Essential
Unlike software wallets or exchange accounts, hardware wallets keep your private keys completely offline. This isolation from internet-connected devices provides the highest level of security against hacking attempts and unauthorized access.
Unboxing Your Device
When your Ledger device arrives, verify the packaging seal is intact. Each device includes a USB cable, recovery sheet, keychain strap, and getting started guide. Never use a device that appears tampered with.
Creating Your PIN
Your first security step is creating a PIN code. Choose a combination that's difficult to guess but memorable to you. This PIN protects your device from physical access attempts.
Your Recovery Phrase
The 24-word recovery phrase is your master key to restore access to your cryptocurrencies if your device is lost or damaged. Write it on the provided recovery sheet and store it in multiple secure locations—never digitally.
Advanced Security Practices
For maximum security, consider using a passphrase in addition to your recovery phrase. This creates a hidden wallet that's virtually impossible to access without both your recovery phrase and custom passphrase.