Ledger Live is the official companion application for Ledger hardware wallets, built to help users securely manage their cryptocurrency assets. It provides a single interface where users can monitor balances, execute transactions, and access advanced features such as staking and asset exchanges—all while keeping private keys offline.
As digital assets continue to gain adoption, tools like Ledger Live play a critical role in enabling self-custody and long-term security. This guide explains Ledger Live’s functionality, advantages, and best practices for safe usage.
Ledger Live is not an exchange or an online wallet that stores funds on remote servers. Instead, it acts as a secure bridge between the user and various blockchain networks. The application connects directly to a Ledger hardware wallet, which is responsible for safeguarding private keys and approving transactions.
Because Ledger Live does not hold user funds, it significantly reduces the risk associated with centralized platforms. Users remain in complete control of their assets at all times.
At the core of Ledger Live is the principle of hardware-based security. All sensitive cryptographic operations are performed inside the Ledger device’s secure element. When a transaction is created in the application, it is sent to the hardware wallet for verification and approval.
This design protects users from threats such as malware, phishing attacks, and unauthorized access. Even if a connected computer or mobile device is compromised, private keys remain isolated and protected.
Ledger Live supports the management of multiple cryptocurrencies from a unified dashboard. Users can create separate accounts for each asset and easily switch between them.
Every transaction must be physically approved on the Ledger hardware wallet. This step ensures that no transfer occurs without the user’s explicit consent.
The application provides an overview of total holdings and asset distribution. Users can track portfolio changes over time without revealing private information.
Ledger Live offers integrated access to third-party providers that allow users to buy, swap, or sell supported cryptocurrencies. These features are optional and designed for convenience.
For supported assets, Ledger Live enables staking directly from the app. This allows users to earn rewards while maintaining full custody of their funds.
Users can install blockchain apps, manage storage, and update firmware through Ledger Live, ensuring compatibility with the latest networks and features.
Ledger Live supports a wide variety of cryptocurrencies across multiple blockchains. Major assets such as Bitcoin and Ethereum are supported, along with numerous altcoins and tokens. The supported asset list continues to grow as Ledger integrates additional networks.
This broad compatibility makes Ledger Live suitable for users with diverse crypto portfolios.