Ledger Wallet

Ledger is a hardware wallet designed to store private keys offline. Unlike hot wallets, your keys never leave the physical device.

Ledger devices are used for:

• Long-term crypto storage

• High-value portfolio protection

• Secure transaction signing

• Cold storage strategies

Main models include:

• Nano S Plus

• Nano X

• Ledger Stax

Ledger works together with the Ledger Live app, which allows you to manage assets while keeping private keys isolated inside the hardware device.

Ledger generates a wallet using a 24-word recovery phrase.

Basic workflow:

1. Initialize device

2. Write down 24-word recovery phrase

3. Install apps for specific blockchains

4. Connect Ledger to Ledger Live

5. When sending crypto → transaction must be physically confirmed on device

Private keys:

• Never leave the device

• Transactions are signed inside secure chip

• Malware on your PC cannot access your keys

Use Ledger when you:

• Hold large crypto amounts

• Store assets long-term

• Want maximum security

• Connect hardware to MetaMask for DeFi

• Separate hot wallet from cold storage

Not ideal if you:

• Need fast daily micro-transactions

• Only experiment with small amounts