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Introduction To: Ledger
Introduction To: Ledger

Securely buy, store, swap and manage your digital assets with Ledger.

Updated over a month ago

What is Ledger?

You're building your crypto portfolio through smart trading and investing, but here's the truth: no matter how well you trade, your gains are at risk if they’re not secure.

Crypto is about control—your control. Don’t let bad actors steal that from you. That’s why we’ve partnered with Ledger, the leader in crypto security, to help you protect what’s yours.

Ledger is a hardware wallet to secures your crypto by storing your private key within a Secure Element. Hardware wallets prevent physical extraction of the private key and require physical transaction approval, minimizing crypto assets exposure from vulnerable online environments like smartphones or computers and minimizing exposure to malware and other threats.

How does it work?

Getting Started

1. Purchase your device using one of our Ledger links:

2. Download the app: Then go to https://www.ledger.com/start

3. Setup your device: Once you have downloaded the app then you will be able to start setting up your device.

Other FAQs

There was mention of a getting a second device free?

You are not guaranteed a second device - when you purchase a Ledger device you stand the chance to receive a second one for free through lucky draw. When you receive your device there may be 1 or 2 in your delivery if you are a lucky winner.

Why do I need a hardware wallet?

Hot wallets store private keys on systems connected to the internet, which makes them susceptible to online attacks. Keeping your crypto on an exchange also means you have no true ownership or control over it. If the exchange files for bankruptcy or pauses withdrawals, you lose access to your funds.

Hardware wallets store your private keys offline, giving you full control and enhanced security. Even if you misplace or lose your hardware wallet, you can get a new one and use your Secret Recovery Phrase to access your assets.

Why Do Private Keys Matter?

Private keys are unique strings of letters and numbers that allow you to access your digital assets. Cryptocurrencies are not stored within the crypto wallet itself but on the blockchain. Private keys are crucial to the security and ownership of your crypto, as they are the only way to prove that you are the rightful owner of your digital assets. Therefore, your private keys must be kept secret and secure at all times. Hardware wallets provide a secure way to store and manage your private keys, keeping them offline and out of reach of online threats.

How to get a crypto wallet?

Ready to get started? Here are the steps for getting your crypto wallet:

  1. Get a Ledger hardware wallet. It stores your private keys in a secure, offline environment giving you peace of mind and complete control over your assets. All Ledger crypto wallets are powered by an industry-leading Secure Element chip, together with Ledger’s proprietary OS that protects your crypto & NFTs from sophisticated hacks.

  2. Pair your Ledger crypto wallet with the Ledger Live app to easily manage your crypto, keep track of your portfolio, and securely access a wide range of dApps and Web3 services. All in one convenient place!

  3. Add crypto to your Ledger wallet. Ledger has integrated leading third-party providers to make it possible to buy, swap, stake and manage crypto through the Ledger Live app. Your crypto will be sent to the safety of your Ledger hardware wallet.

How do hardware wallets work?

Hardware wallets use Secure Element chips that are also used for credit cards and passports. The chip generates and stores your private keys and prevents physical attacks. Hardware wallets also contain an operating system (OS) that is responsible for running the apps. When setting up your hardware wallet, you'll have to set your PIN code and write down your seed phrase. Then you can sign or reject transactions with your hardware wallet.


💡 Tip

To learn more:

  1. Visit the Ledger website and review their FAQs on their homepage.

  2. Visit the Ledger support guides here.

  3. Join, engage and get support from Ledger's Reddit Community.

  4. Follow Ledger socials for more regular news & updates!

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