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Setting up a new Ledger device is quite straightforward thanks to a very neat wizard procedure, and importing already existing accounts into the app is even less of a hassle. You can keep an eye on your crypto portfolio by checking your balance and asset distribution in real-time.Īs mentioned before, the app does a lot to minimize the entry curve for the average Ledger hardware wallet holder. Here’s exactly how Ledger Live helps you manage your cryptoįor starters, it allows you to effortlessly manage, as well as send or receive well over 23 coins and somewhere around 1250 ERC-20 tokens directly from your computer.
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It bundles all the functionality of the previously mentioned Chrome-apps into one neat package, and even brings to the table a couple of extra new features such as support for multi-accounts, real-time balance, and simplified onboarding.Īnother great thing regarding Ledger Live is the fact that it is cross-platform and it works on all major desktop and mobile OSes such as Windows, macOS, Linux, and iOS, and Android respectively.
To keep it as short as possible, Ledger Live is an all-in-one, official application for your Ledger device. This situation went on for a couple of years (4 to be more precise) until, in 2018, the company launched the Ledger Live app. However you deem the design of the things, the biggest drawback of using Ledger products was that, in order to manage your crypto assets, you had to rely on various Chrome-based apps. In the crypto community, their products, the Ledger Nano S, Nano X, and Blue are well known and still leading sales despite not everyone being a fan of their somewhat ultra-minimalist designs. Out of the bunch, it’s safe to say that Ledger is the most popular thanks to its competitive price, outstanding security features, support for thousands or coins and tokens, and partially because it was the first to hit the market somewhere around 2014. And, when it comes to hardware wallets, the marketplace is dominated by a popular trinity - Ledger, Trezor, and KeepKey.
If you’re a crypto aficionado or you happen to own cryptocurrencies, then quite probably, you already know that a hardware wallet is the safest possible option for storing them.
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