Ledger Live: Your One-Stop Crypto Gateway
Ledger Live is a secure and easy-to-use application that manages your funds on its own, without any intermediaries.
Key Features of Ledger Live
Your Crypto Portfolio
Ledger Live shows all your crypto assets on a single dashboard. You can track your portfolio's real-time value, view the performance of different cryptocurrencies, and maintain control over your investments. This keeps you informed about the value of your funds at all times.
Send and Receive
Sending and receiving funds is very easy with Ledger Live. When you send funds, Ledger Live provides a user-friendly interface. When you receive, it also shows the address on your hardware wallet screen, allowing you to physically verify it and protect against phishing.
Stake and Earn
Ledger Live allows you to securely stake certain cryptocurrencies like Ethereum and Polkadot. Staking is a process where you support the blocking of your assets and earn rewards in return. This gives you an opportunity to generate passive income while keeping your assets secure.
DeFi Services and dApps
With Ledger Live, you can directly access decentralized finance (DeFi) services and decentralized applications (dApps). You can use Ledger Live to securely connect your funds to lending platforms, liquidity pools, and exchanges. This allows you to make proper use of your assets without any intermediaries.
Manage NFTs
Ledger Live also allows you to manage your NFTs. You can store and view NFTs on your Ledger device. Just like with cryptocurrencies, NFTs are also stored in Ledger's secure chip. This keeps your NFTs safe from malware, phishing, and hacking.
Security Hub
Ledger Live functions as a security hub. It helps you verify your hardware wallet and update its firmware. This ensures you're always up-to-date with the latest security features and bug fixes, and also confirms that your device is genuine.
How It Works
Your Hardware Wallet
Your Ledger device is an offline, secure storage unit where your private keys are stored.
Ledger Live
Ledger Live is your software interface that allows you to manage your portfolio.
Secure Transaction
Ledger Live prepares the transaction details, but the signing process takes place on your hardware wallet, keeping your keys secure.