FAQ

Frequently Asked Questions

Everything you need to know about Lĕdger Live

Lĕdger Live uses military-grade encryption and multi-signature technology to protect your digital assets. Your private keys are stored offline in your hardware wallet, ensuring maximum security against online threats. We employ bank-level security protocols, two-factor authentication, and regular security audits to safeguard your cryptocurrency holdings.

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Lĕdger Live supports over 5,500 cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and thousands of ERC-20 tokens. We continuously add support for new coins and tokens. You can manage all your crypto assets from a single, unified interface, making portfolio management simple and efficient.

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Your wallet can be recovered using your 24-word recovery phrase. This phrase acts as a master key to restore all your accounts and funds on any Lĕdger device or compatible wallet. Keep your recovery phrase stored securely offline, never share it with anyone, and never store it digitally. With your recovery phrase, your assets are always accessible even if your device is lost or damaged.

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Lĕdger Live itself is completely free to download and use. However, you will need to pay network transaction fees (gas fees) when sending cryptocurrency, which go to blockchain validators, not to Lĕdger. These fees vary based on network congestion and the cryptocurrency you're using. We display estimated fees transparently before each transaction so you always know the cost.

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Yes! Lĕdger Live supports staking for multiple cryptocurrencies including Ethereum, Polkadot, Tezos, Cosmos, and many others. You can stake directly from the app while maintaining full custody of your assets. Staking rewards are automatically calculated and displayed in your account. You remain in complete control of your staked assets and can unstake at any time according to each network's rules.

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