Ledger Live FAQ – Frequently Asked Questions

Find answers to common questions about Ledger Live. Whether you're new to crypto or an experienced investor, Ledger.live FAQs help you get the most from your portfolio management platform.

What is Ledger Live?

Ledger Live is the official desktop and mobile application for managing your Ledger hardware wallet. Ledger.live allows you to view balances, send and receive cryptocurrency, buy and sell digital assets, and stake coins—all while your private keys remain secure on your hardware wallet.

Is Ledger Live Free?

Yes, Ledger Live is completely free to download and use. There are no subscription fees or hidden costs to use Ledger.live's core features. Some advanced features like buying crypto may have partner fees, but Ledger Live itself is free.

Do I Need a Ledger Hardware Wallet to Use Ledger Live?

While Ledger Live works best with a Ledger hardware wallet, you can use it to view and manage other wallets. However, for maximum security, using Ledger.live with a Ledger device is recommended.

How Do I Download Ledger Live?

Download Ledger Live from the official Ledger website at ledger.com. Never download from other sources to avoid scams or malware.

What Cryptocurrencies Does Ledger Live Support?

Ledger Live supports thousands of cryptocurrencies, including Bitcoin, Ethereum, Ripple, Cardano, and many others. New assets are added regularly to Ledger.live.

Can I Use Ledger Live on Mobile?

Yes, Ledger Live is available for iOS and Android. The mobile version of Ledger.live provides full portfolio management on the go.

Is Ledger Live Safe?

Ledger Live is highly secure. Your private keys never leave your Ledger device, transactions must be verified on your device, and Ledger.live uses military-grade encryption. Ledger Live undergoes regular security audits.

What If I Forget My Ledger Live Password?

You can reset your Ledger Live password. Your recovery phrase allows you to restore access. Never share your recovery phrase with anyone.

Can I Use Ledger Live on Multiple Devices?

Yes, you can install Ledger Live on multiple computers and phones. Your Ledger device stores your funds, so you can access them from any Ledger Live installation.

How Do I Buy Crypto in Ledger Live?

Ledger Live integrates with multiple partners for crypto purchases. Go to the buy section, select your cryptocurrency, verify your identity, and complete the transaction. Funds go directly to your Ledger Live wallet.

Does Ledger Live Charge Fees?

Ledger Live doesn't charge fees for transfers or managing your portfolio. Network fees (gas fees) apply for blockchain transactions. Partner fees may apply for buying crypto through Ledger.live.

What Is Staking in Ledger Live?

Staking lets you earn rewards by participating in blockchain consensus. Ledger Live allows you to stake major cryptocurrencies like Ethereum and Solana directly in the app.

How Do I Backup My Ledger Device?

Your Ledger device is backed up through your recovery phrase. Write down your 12 or 24-word recovery phrase and store it securely offline. This recovery phrase can restore your funds on any Ledger device.

Can Ledger Access My Funds?

No. Ledger cannot access your private keys or your funds. Your private keys are stored exclusively on your Ledger device. Ledger.live is just the interface for managing your wallet.

What If My Ledger Device Is Lost?

Your recovery phrase can restore your funds on any Ledger device. As long as you have your recovery phrase backed up, your crypto is not lost.

Is Ledger Live Open Source?

Yes, Ledger Live is open-source software. The code is available for security review, and Ledger.live undergoes community and professional security audits.

How Do I Export My Transaction History from Ledger Live?

Ledger Live allows you to export your transaction history for tax reporting purposes. This feature is available in the settings or account section of Ledger.live.

Can I Swap Crypto in Ledger Live?

Yes, Ledger Live includes a built-in swap feature. You can exchange cryptocurrencies directly within Ledger.live at competitive rates.

Does Ledger Live Support DeFi?

Yes, Ledger Live can connect to decentralized finance platforms while keeping your private keys secure on your Ledger device. Your private keys never leave the device when using DeFi through Ledger.live.

How Often Should I Update Ledger Live?

Keep Ledger Live updated to the latest version. Updates include security patches, new features, and bug fixes. Ledger.live typically notifies you when updates are available.

Don't see your question? Visit the official Ledger support portal or contact Ledger support directly. Ledger.live is designed to be user-friendly, so help is always available!