With setup complete, users can begin adding accounts for Bitcoin, Ethereum, and other supported cryptocurrencies. Ledger Live provides an intuitive interface for managing balances, viewing transaction history, purchasing assets through integrated partners, and staking or earning rewards on supported coins.
Transactions initiated in Ledger Live must always be confirmed on the physical Ledger device. This unique security feature prevents unauthorized transfers because even malware on your computer cannot complete a transaction without your manual approval on the hardware wallet.
Ledger Live also notifies users when firmware updates are available. Keeping firmware updated is essential for security and compatibility, ensuring your device remains protected from emerging threats.
While Ledger devices offer high-level protection, user habits also play a critical role in maintaining security. Some best practices include:Never sharing your 24-word recovery phrase