Introduction

Ledger hardware wallets provide a secure, offline environment for your private keys. This presentation walks through the essential setup steps: unboxing, initializing, installing Ledger Live, creating a recovery phrase, and verifying firmware—so you can manage crypto safely.

Why a hardware wallet?

Hardware wallets isolate private keys from internet-connected devices, protecting assets from phishing, malware, and remote hacks. They form the foundation of responsible crypto custody for individuals and teams alike.

Core principles

- Keep your recovery phrase private and offline.
- Verify device screen messages before confirming.
- Use official Ledger software only (Ledger Live).
- Update firmware via the device when prompted.

Quick setup checklist

1. Purchase or verify your Ledger device came from an authorized source.
2. Download and install Ledger Live on your computer or mobile.
3. Initialize the device and write down your recovery phrase on the provided card—never store it digitally.
4. Confirm successful firmware updates and add accounts to Ledger Live.
5. Test with a small transaction to validate flow before moving larger amounts.

Step-by-step setup (expanded)

Unboxing & verification

Ensure the packaging is sealed and tamper-evident. Ledger ships with a recovery sheet and a USB cable. If anything looks altered, contact Ledger support immediately.

Install Ledger Live

Download Ledger Live from the official site and follow on-screen installation instructions. Create a local app password—this is different from the device PIN.

Init device & recovery phrase

Power the device, choose a PIN, and write down the recovery phrase exactly as displayed. Ledger devices use BIP39/BIP44 standards for recovery—store the physical sheet in a safe place (or multiple geographically separated safe locations).

Firmware & app management

Open Ledger Live, connect your device, and install recommended firmware updates. Add apps for the blockchains you plan to use (Bitcoin, Ethereum, etc.) and add corresponding accounts in Ledger Live.

Best practices

Never share your 24-word phrase. Avoid entering it into any website, app, or phone. Use passphrase features only if you understand the backup implications.