Are you a hardware wallet user? If yes, then you must know what the Ledger device is. Ledger is a type of hardware wallet that crypto dealers use for storing their cryptocurrency. The software wallets like MetaMask have the same function but their mode of keeping assets is online. Whereas in the hardware wallets, the assets are held offline. This makes the hardware wallets more secure. Because anything that is online can be hacked. So keeping assets online does come up with a risk even if there is no previous record of any security breach of some software wallets. 

There are many kinds of hardware wallets available in the market such as Trezor. The Trezor wallet was the first hardware launched and after that Ledger wallet was introduced.  In this article we will guide you with all the details of Ledger.com/start. So without wasting any more time let us continue with the article.

This wallet is leading the world of crypto wallets in the market. As of now, there are three Ledger wallets namely Ledger Nano S Plus, Nano X, and the last interactive Stax. All these wallets have some similar as well as different features. In comparison, the Nano X Plus is heavier than Nano S. And the Stax wallet is designed to be portable easily and has the option to be personalized with your picture. 

What does Ledger Live mean?

The users of Ledger Nano X, Ledger Blue, and Ledger Nano S can use the services of Ledger Live . With the help of this application, the users can manage their crypto assets. It also offers its users time-to-time price updates of the assets and also enables multi-account management. Setting up of new account is also simple on Ledger.com/Start. 

After the introduction of Ledger Live, the management of the trader’s individual crypto assets and the management of devices were combined into one single interface. The purpose of it was to remove the dependency on Chrome-based applications that started to annoy the users more. And if you want to download this Ledger Live then click on this given link https://www.ledger.com/start. 

You can also import any existing wallet with full convenience. This application is supported by both the Ledger Nano S and the Nano X for free.  

Let us take a deeper look at the features of Ledger live wallet for a better understanding of the new users:
New Account Creation

Just by tapping on the + icon from the screen of your dashboard, you can create as many accounts as you want. You can even create a separate account for holding different types of crypto assets. Also, a different name can be given to each type of account. If you are unable to find the link to this application, then tap on Ledger.Com/Start  

Account Importing

If you have created your Ledger wallet account by using some third-party application, then you can also import your wallet on this application. 

Secure Transactions

To ensure that you are not transferring the money to the wrong account Ledger Live provides the transaction confirmations and has on-screen guidance that will increase the accuracy of this critical procedure. 

Real-Time Balance Checker

The users who like to check their balance frequently throughout the day, this feature is perfect for them. It is so because this application allows users to view the balance of their portfolio on the basis of the current market rate. Even the details of your combined Ledger holdings can be viewed on it.   

The users who now want to order a Ledger device can click on the link https://www.ledger.com/ledger-live.  

Click open Ledger.com/Start 

1. Then select the device you want it to be downloaded. You can select between the desktop application and the mobile application.

2. Tap on ‘Download’.

3. After the application is downloaded open it.

The downloading process would not take more than a couple of minutes. And after the process is completed you will be able to see the icon of the Ledger Live on your desktop.  

How to set up a new Pin Code?

After downloading the application by using Ledger.com start, this segment of the article will tell you the steps for setting up a new pin. 

1. Launch the installed application.

2. Select the option of ‘Initialize as new device’. And then select the name of your ledger device. If you have not purchased your ledger device yet then you can order it from https://www.ledger.com/.

3. Press ‘Continue’.

4. On the screen, it will show ‘Choose your Pin Code’. For this, you will have to connect your Ledger device to your computer with the help of a USB Cable.

5. Then again press ‘Continue’.

6. Now follow the instructions prompted on the screen to complete the Pin setup procedure.

This is paid service that helps a trader in case of losing the seed phrase of an account. It will help to recover the lost seed phrase. Because if you have lost your seed phrase then it means that you cannot get back access to your account without it. Although to avail of the services of the Ledger Recover you will have to pay for a monthly subscription of $9. 

Working on Ledger Recover

• As of now, this Ledger Recover facility is only available with the Nano X. 

• You can sign up for this service with the help of the Android version of Ledger Live or its iOS service. 

• Pay $9 monthly for availing of the service.

• The Ledger key of your account would be split between 3 parts and will be stored in three separate files.

• These three files then would be sent to the three companies called Ledger, EscrowTech, and Coincover. 

• Private Keys can be recovered with the help of using Ledger Recover. 

• For this, the user will have to submit their government-issued id on the Ledger Live application. The link for downloading the application is Ledger.Com/Start.

We understand that you might feel more attracted to the software wallets that can be used for free. But these wallets cannot provide you with the good security level they claim to be. Whereas cold wallets have no risk, the only way for you to lose your account is if you either lost the device or secret recovery phrase. But even in that case, your funds would not be harmed because you can recover your account with the help of your seed phrase if you had opted for the facility of Ledger Recover. 

Although for some users the price of purchasing the wallet might seem a little costly but it is worth it. And if you have already purchased the Ledger wallet then connect with the Ledger Live services by using the link Ledger.Com/Start.