• How to s̑̈et Up Lёdger Wallёt?

    If you have read this Ledger wallet guide so far, you should now have a good idea of what the wallet does, how it is different from a software wallet, and its advantages and disadvantages. I have also explored the security of the wallet too.

     

    So, if you have decided to buy one (or you already have one), I am now going to show you how to set it up!

     

    1. First, you will need to insert the Ledger Nano S into your device's USB port.

     

    2. You should now see "Configure as new device" on the screen of your Ledger wallet. By pressing the button on the right, you are selecting "Yes".

    Ledger wallet review: configuration

     

    3. This will now install the required drivers on your device.

     

    4. You will now be asked to choose a PIN number. To begin the process, press both the left and right buttons at the same time.

    Ledger wallet review: choosing pin code.

     

    5. You can choose any PIN number combination, as long as it is between 4 and 8 digits. However, it can’t be easy to guess combinations like “1,2,3,4” or “9,9,9,9”. Also, you will need to enter this PIN number every time you want to use the Ledger wallet, so don’t forget it!

     

    6. Once you have entered the PIN number and are happy with it, you will be asked to enter it again. This is to make sure you haven’t made a mistake.

     

    7. As soon as you have confirmed your PIN number, the Ledger wallet will then tell you to write down your backup recovery phrase.

    Ledger wallet review: recovery phrase.

     

    8. It is very important that you write down the 24-word recovery phrase and then keep it somewhere safe. This could be the last thing that stands between you losing your funds. Remember, if you forget your PIN number or you have your device stolen, your passphrase will give you access to your coins.

     

    9. Each of the 24 words will be shown on the screen individually. Afterward, the device will then test you by asking you to re-enter some of the words.

    Ledger wallet review: recovery phrase.

     

    10. Once you have completed the password recovery set up, your Ledger wallet will now be ready to use!

    Ledger wallet review: ready device

     

    So, now that you have set up your Ledger Nano S, let’s find out how you can send coins to it!