Getting started with the working of the Ledger Live Desktop
The crypto industry is becoming more and more popular and it is becoming difficult for people to understand the basics of it. And at the same time, they will have to safeguard their assets from the potential scamming as well. The only solution to this problem is the use of hardware wallets. However, it is not that possible for people to know which wallet is best for them and which is not. Thus, through this, we want to convey about the Ledger live desktop hardware wallet. Take a glance at the below article to learn what we find here.
Pros of Ledger
- The ledger live desktop gives users a chance to track all the investments made by them.
- Getting regular updates related to the price changes of the crypto coins.
- Availability of several layers of security to keep the funds protected all the time.
- Plenty of listed crypto assets giving a variety of options to select from.
Steps to Install Ledger Live Desktop
Since you do not know about the download procedure of the Ledger wallet, we will tell you about it with our guide here. So, follow the steps here to learn about it in the easiest possible manner, we try to simplify things for our traders:
- First use the official website of the Ledger Wallet.
- Then select the device you want it to be downloaded. You can select between the desktop application and the mobile application.
- After making the selection press the download button. This will begin the ledger live desktop download process.
- Now, once the download begins, wait for a few seconds for the procedure to finish.
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.
Can you recover your ledger wallet funds?
- 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 will 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 Live Desktop 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 available on the official website only.
Wallet login procedure
Once you have been registered on the wallet platform you will have to log in to your account to access your crypto assets stored in it. After that, you can start dealing with your assets. The way to log is described further:
- For login, connect the device exactly like the way you have done at the time of set up.
- Then open the Ledger Live desktop wallet application that is installed on your device.
- Enter the account PIN.
- Then match the fingerprint for unlocking the last security layer given to the account.
You now have full access to your funds that could be used in any manner you want.
Wrapping it Up!
As the final thoughts, all we have to say is that you should give this wallet a try if spending a little money is not much concern for you. We hope that our review of the Ledger Live desktop wallet has provided you with enough information for you to get started with the wallet. And if there is any doubt in your mind related to it, then you can reach out to the customer support service center.