QUESTIONS & ANSWERS

Frequently Asked Questions

Everything you need to know about Ledger Live in one place.

What is Ledger Live?

Ledger Live is the official companion app for Ledger hardware wallets. It allows you to manage your cryptocurrency portfolio, send and receive crypto, install apps, and stake your coins—all while keeping your private keys secure on your hardware device.

Do I need a Ledger device to use Ledger Live?

Yes, Ledger Live requires a Ledger hardware wallet (Nano S, Nano X, or Nano S Plus) to function. The hardware wallet stores your private keys and signs transactions securely.

Is Ledger Live free?

Yes, Ledger Live is completely free to download and use. You only need to purchase a Ledger hardware wallet. Transaction fees are standard blockchain network fees, not charged by Ledger.

How many cryptocurrencies does Ledger Live support?

Ledger Live supports over 5,500 cryptocurrencies and tokens, including Bitcoin, Ethereum, and thousands of ERC-20 and other tokens across various blockchains.

Can I use Ledger Live on multiple devices?

Yes, you can install Ledger Live on multiple computers or phones. Your accounts are tied to your Ledger device, not the app, so you can access them from any device where you connect your Ledger.

What happens if I lose my Ledger device?

If you have your 24-word recovery phrase, you can restore your accounts on a new Ledger device. This is why keeping your recovery phrase secure and accessible is crucial.

Can someone hack my Ledger wallet?

Ledger hardware wallets use secure element chips similar to those in credit cards and passports. Your private keys never leave the device. As long as you keep your recovery phrase secure and verify all transactions on the device screen, your funds are safe.

How do I update Ledger Live?

Ledger Live will notify you when updates are available. You can also check manually: Settings → About → Check for updates. Always download updates only through the app or from ledger.com.

What should I do if I forgot my PIN?

After 3 incorrect attempts, your Ledger device resets. You'll need to restore it using your 24-word recovery phrase. Never throw away your recovery phrase.

Can I stake cryptocurrency with Ledger Live?

Yes, Ledger Live supports staking for several cryptocurrencies including Ethereum, Polkadot, Tezos, Cosmos, and more. You can earn rewards while maintaining full control of your assets.

Still have questions?

Check out our other guides or visit official Ledger support