If you are a crypto trader orinvestor, you might know the fact that security is the name of the game in thecrypto industry. As the popularity of digital assets is catching on to soar,safeguarding your investments becomes more crucial.
Let’s enter Ledger Live – apowerful, user-friendly software crafted to let you manage your crypto holdingsonline while prioritizing the utmost security. This software is offered byLedger Wallet which is a hardware wallet that serves to store the keys of yourcrypto assets offline.
Whether you're a seasonedcrypto enthusiast or just hitting the road of trading digital currencies,understanding how to install, navigate, and even reset passwords for LedgerLive is essential if you want to manage your crypto stored in a Ledger hardwarewallet including Nano X, Nano S online.
So, let me tell you thatLedger Live is easily installable from Ledger.com start and offers a quiteconvenient interface to set it up. Join us as we delve into the world of LedgerLive from app setup tomasteringthe art of password management by learning thepassword reset procedure.
Firstand Foremost: Install the Ledger Live
1. Begin the process by opening Ledger.com start.
2. Proceed by hitting the “Download the app”tab further.
3. Pick up a choice you prefer fromthe Windowsapp, Mac app, and Linux app.
4. Once you’ve selected it, the installationof Ledger Live will be initiated automatically.
Let’sSet Up the Ledger Live with Ledger Wallet
1. Start by launching the newly installedversion of Ledger Live.
2. If you are a new user, it will prompt youto select "Set up a new device" from the list of possibilities.
3. After making your chosen selection, pickyour favorite wallet application.
4. Open your wallet device now and proceedby creating a PIN to further unlock it.
5. After going through the securitychecklist, click "Check now" to finish the verification process.
6. A prompt stating that "Your deviceis genuine" will appear; at this point, you are ready to move on.
7. After that, move on to creating apassword for the installed Ledger.com/start program.
8. On the next screen, enter a strongpassword twice and choose "Continue".
Stepsto Reset the Ledger Live Password
In case, you forget or loseyour Ledger Live password, do follow the pathway I’m elaborating on further.
1. Install the Ledger Live from Ledger.com/start.
2. Now, open it in a locked condition andtap on the text link “I lost my password”.
3. You’ll be warned about losing the data,go through it and provide consent by tapping on the “Reset” button.
4. Press “Get Started” located on theWelcome page.
5. Pick up the Ledger device you are usingand hit “Already have a recovery phrase?”.
6. Next, choose the “Connect device” optionand provide a seed phrase after connecting the wallet device with the desktop.
7. Go to the Ledger Live settings furtherand hit the “Password lock” toggle to turn it on.
8. Move ahead by setting up a newhard-to-decrypt Ledger Live password by following the on-screen instructions.
Now, you are done with theLedger Live password reset and you are all set to explore all the offerings ofLedger Live. If you want to know the Live app offering in detail, you can visitthe Ledger.com start.
TheBottom Line!
Ledger Live is a software tonavigate various needful trading-related activities such as buying, sending,and receiving trading assets along with interacting with dApps and NFT space.By downloading it from Ledger.com start, you can begin your journey after settingit up with a Ledger Wallet. This write-up will help you throughout your way incase you may have forgotten your Ledger Live password. So, if you are also oneof them, stroll through this read and help yourself by resetting the passwordof Ledger LiveWallet without losing funds.