It is interesting that technology has two facets. Apart from serving as a boon, sometimes, the negative use of technology could lead to unimaginable losses. However, if you prepare yourself against these digital threats well in advance, you can save yourself from falling prey to online crime.

Cryptocurrencies have become the favorite target of cybercriminals and to fight back them, crypto experts have come up with hardware crypto wallets. Among the available options, many crypto investors rely on Ledger Wallet. Operational via Ledger Live, this wallet works by dumping all your stored crypto assets into an offline space where nobody except you can access them.

The following sections in this read are dedicated to giving you a glimpse into the multiple facets of this wallet and its companion software, Ledger Live Desktop.

A companion app that comes with a hardware wallet is supposed to help you manage the cryptocurrencies that you’d like to store on your wallet device. This software plays the same role. However, it is not limited to just doing that. Check below the benefits that you can extract by using Ledger Live:- 

• Set up your wallet as a new user or restore your previous wallet. 

• Manage multiple crypto coins/tokens all under one roof. 

• Keeping track of your trading portfolio was never so easy until this app came into existence. 

• Want to stake your crypto assets? This app has got you covered by letting you stake and earn rewards. 

• Validate all the transactions explicitly on your Ledger device for instant confirmation and avoid unauthorized transactions. 

• The software also lets you manage all those dApps and connect to different blockchains without leaving your safe space. 

• When it comes to buying and selling crypto, all of that can be done without navigating to another crypto exchange. 

• For the reinforcement of the latest security measures and to ensure that your wallet is not tempered, the Ledger Live Desktop software comes with the latest security updates. 

The stepwise guide present here will help you take a walk through the easy method that you should apply after receiving your latest Ledger Wallet device. This method is applicable to nearly all wallet models including Ledger Nano S, Ledger Nano S, Ledger Flex, etc. 

Step 1- Install Ledger Live

First up, open the official website of Ledger which you can open by clicking the URL: https://www.ledger.com/ledger-live and clicking on the Operating System name of your device. Ledger Live download can be done on a PC and Mobile having Windows, macOS, Linux, Android, and iOS. 

Step 2- Connect your Ledger with your PC/mobile. 

Extract the USB cable from the wallet device packaging and connect your Ledger to your PC or mobile using this authentic cable. 

Step 3- Set up your wallet 

When your PC is done detecting the wallet after Ledger Live download, choose the right wallet model name from your screen and then select the option labeled “Create a new Wallet.” 

Step 4- Set up your PIN and back up the seed phrase 

Using the given button on your Ledger device and referring to the instructions on the Ledger Live Desktop, you should set up and confirm your PIN. Soon after that, a Secret Recovery Phrase will be shown which needs to be written down and kept safely. Enter the words of the phrase on your device to complete the setup. 

Step 5- Install crypto apps 

Lastly, you need to install the specific crypto apps for the cryptocurrencies that you’re going to add to your wallet. These apps need to be installed apart from Ledger Live download.

Hey readers, you do not have to worry even a bit if you are not able to use your Ledger Wallet because Ledger Live is not working. There are some helpful ways to get past this problem and get your Ledger Live running in no time. Check the solutions below:- 

• If you are using an antivirus, VPN, or firewall on your device, turn it off for a while. 

• Uninstall and reinstall Ledger Live from the official platform of Ledger Live download. 

• Reopen My Ledger and perform a genuine check, if needed. 

• If you are using a Windows device, try adding it to the list of exclusions on Windows Security. 

After reading this document, you must have understood the importance of using Ledger Live desktop or mobile versions. In simple terms, it would not be wrong to say that this software is the soul of the Ledger wallet without which it cannot be operated. Please be sure that you perform Ledger Live download only from genuine sources.

Remember to keep your Secret Recovery Phrase in a safe place where nobody else except you can access it. Otherwise, there are chances that your wallet and funds will get hacked.