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Exploring the crypto world through the Ledger Live Login
Recently the demand for crypto has been rising and as a result, the crypto wallet demand is also at a rise. The users are torn between the software wallets and the hardware wallets. The traders who prefer the security of funds more have selected the hardware wallets. And if you are one of them then this article is right for you.
In this article, we will provide you with all the details of the Ledger wallet including the setup, ledger live login, and many more. Hence, without delaying any more time let us start with the article.
Ledger Live supported coins
The following list is the names of coins that are supported by the Ledger Live wallet:
Ethereum
Bitcoin
USD Tether (ERC20) (USDT)
XRP
Polkadot (DOT)
Bitcoin Cash (BCH)
Binance Coin (BEP 20) (BNB)
Litecoin (LTC)
Tezos (XTZ)
Stellar (XLM)
LINK Chainlink (LINK)
Ledger Live setup process
Download the Ledger Live application using the link https://www.ledger.com/start.
Tap the ‘Get Started’ button.
Select the name of your device.
Set the PIN code as password security for future Ledger Live login.
Tap the ‘Continue’ button on your Ledger live application.
Enable the fingerprint password as well to add an extra security layer.
Store the mnemonic seed phrase.
Your Ledger Live is now ready to be used. If your ledger wallet has not arrived yet then you can also track it via this given link https://my-order.ledger.com/.
Ledger Live Login
For ledger login you will have to connect the wallet device to the PC via a USB cable.
Then enter the PIN code.
Match the fingerprint.
And just after these simple 3 straightforward steps the account is logged and is available for crypto dealings.
How to recover the Ledger wallet?
The retrieving procedure of the Ledger Live is a trouble-free process unless you have not lost your seed phrase. In this segment of the article we will be reviewing the recovery steps of the Ledger Nano X. This process can be used for both the mobile as well as the computer. Now, let us start with the process:
Start your device by connecting it via USB Cable.
Press the button once near the USB port till the Ledger logo appears.
Next, press the Right button once to move further after reading the on-screen instructions.
Then both buttons are to be pressed together at the same time when the option of ‘Restore from recovery phrase’ is given.
Create a PIN code.
Enter the Seed Phrase of the account carefully.
You have now successfully recovered your account with the help of the seed phrase. You can now do a Ledger live login and use our account as you want. If you have lost your previous ledger device then you can order a new one from here https://www.ledger.com/ledger-live.
How do I log into my Ledger Live on my new phone?
Follow the export steps to enable the Ledger Live application on your mobile phone:
In the first step, install the Ledger Live application on your phone.
Open the installed application and then press the ‘Get Started’ button.
Now tap the ‘Yes I Do’ button, confirming that you have a Ledger device.
Select the ‘Sync with the desktop app’.
Then click open the installed application of Ledger Live on your PC.
Go to the ‘Settings’ option.
Now, press the ‘Accounts’ tab and then click the ‘Export’ button.
A QR Code would appear along with the instructions.
Tap, the ‘I am ready to scan’ button on your phone.
Now, scan the QR code to your PC.
Select the accounts you want to import and then tap the ‘Import’ button.
Wait for some time till the process is finished.
One thing you should know is that your desktop ledger application and the mobile application will not get synchronized automatically. And if you are thinking “How do I get Ledger Live on my desktop?” then it is unproblematic, because Ledger Live was installed on your PC during the time of Wallet setup, so, there is no need for its setup again.
How can I make my account reset?
There are two methods of account resetting and this segment of the article will describe both ways to you:
Reset via device Settings
Do a Ledger live login by entering the PIN Code.
Keep pressing both buttons for at least 3 seconds and it will open the Control Centre of the wallet.
Go to the ‘Settings’ option.
Then select the ‘Security’ button.
Tap the ‘Reset Device’ option.
Now, read out the warning given on the screen carefully. And if you are sure then you can continue with the resetting process by pressing both the buttons on the device.
Write your PIN code for the confirmation.
Your device will be reset after this.
Resetting via PIN Code
Turn on your Ledger hardware wallet device.
Purposely enter the PIN Code wrong 3 times.
Then the device will reset automatically after three consecutive attempts.
How do I connect my bank account to Ledger Live?
Connecting Ledger Live with the bank account is not at all tough and is a simple 4 step process. The said process is described below in simple terms to make the beginners understand easily:
Do the Ledger live login.
From the main menu tap the ‘Funds’ button.
Now tap the ‘Add Funds’ button.
After this enter the amount you want to transfer in the text field.
Then select the preferred payment mode for continuing with the transaction.
You will also get the option of adding a new bank account to add more funds for trading purposes.
Now, tap ‘Add Money’.
Then follow the instructions shown on the screen to make the payment.
Does Ledger Live have a browser?
The Ledger platform has its Ledger browser extension that is launched easily but it is not available for everyone yet. However, it was notified that the extension would be made available to Chrome browser users as well soon enough. Then you can do the Ledger live connect and begin the digital asset dealing.
Is it safe to use Ledger Live?
Yes, the Ledger Live is completely safe and can be trusted by the users without any worry. While executing any transaction you will be provided with all the information of the blockchain network then you know exactly what transaction you are signing after the Ledger live login. So, you should not doubt the security of this wallet.
What are the security issues with Ledger?
The Ledger Wallet has faced some of the security breaches in the past. The users complained about their private data being leaked online. Therefore, the developers announced a new feature called ‘Ledger Recover’. In this feature, the users can get their seed phrase back even after they have lost it. As of now, this feature is only available for users who are using the latest firmware update on their Ledger Nano X device.
Why is my Ledger Live not updating?
Have you enabled the automatic update function? This will result in updating your device automatically, if the answer is yes, then you do not have to worry about the device being outdated. But there might be some reasons why your device is not getting updated automatically, and it is:
Poor internet connection that does not meet the minimum internet speed required for work.
If You are a Windows user and the version, you are using is 2.29 or any other below it then this feature will not work out for you. The users
The only solution to this problem would be to manually update it after the Ledger live login. You can download and install the latest version of the Ledger Live from the official website.
How do I fix synchronization error on Ledger Live?
It is easy to fix the synchronization error after the Ledger live login as it may have occurred because of the momentary outage on one of the blockchain explorers. The error could be fixed by the:
Updating of the Ledger Live Application.
You can even try to clear the cache by going to the settings option, then press the ‘Help’ button, and then finally tap the ‘Clear Cache’ option.
If the issue is still not resolved then, check the status page of the Ledger Wallet and it will display if the wallet is facing any kind of issue or not.
Wrapping it Up!
We hope that our guide was able to answer all the questions that were in your mind regarding the Ledger Wallet. And if you have executed the Ledger Live connect Nano loading but got stuck in the middle then do not worry as it might have happened because of the high network traffic or the Ledger Live application is currently down. But if even after some time you were not able to do Ledger Live login then it would be advisable to give a call to the customer care support team for assistance.