To setup an account, make sure you are logged in and connected to Ledger Live. Note: You will get a 24-word seed or recovery phrase; always keep it safe, away from anyone’s reach if you want the safety of your funds. Do this for all 24 words. The Ledger Nano will then take you through the steps to confirm your word seed.

In the “Recipient address,” copy and paste the public address from the wallet that you are sending cryptoassets to.

Press the right button on the Ledger Nano S to  go through the whole address and then press both buttons when the device's screen says "approve.".

Here is how you can do the same explained in a short video: How to Upgrade Your Ledger Nano’s Firmware.

The installation should not take more than a few minutes and when it is completed, you should see the Ledger Live icon on your desktop. You now know how to setup your Ledger Nano S with Ledger Live and send and receive transactions. Top Tip: There are sellers on the likes of Amazon who are tampering with hardware wallets to steal your crypto. How To Keep Your Recovery Seed Safe And Secure, What Not To Do After Investing In Bitcoin & Other Cryptos, Trouble Finding Qtum Wallets? The Bitcoin app will then verify your device and open your Litecoin wallet on your computer. Free 2-4 day USA shipping with tracking on all orders. If you have made up your mind to invest in a Ledger Nano S, I would say it is a great decision and one you will never regret. We’ll quickly run you through the basics of storing some of the most common altcoins on the device. Your private key, which is used to retrieve all of your cryptoassets from the blockchain, still will be stored safely offline in the Ledger Nano S. If you do not yet own any cryptocurrency or cryptoassets, you can purchase them on popular, safe, and easy to use exchanges such as Coinbase or Gemini. We all remember how tricky it used to be to set up a hardware wallet for the first time. However, when you uninstall an app, this has no effect on the actual cryptoassets that correspond to the word seed. in a hardware device like Ledger Nano S because they might increase by leaps and bounds in the future. He believes in long-term projects rather than any short term gains, and is a strong advocate of the future application of blockchain technology.Contact Tom: tom@totalcrypto.io. For example; for ERC20 tokens you need to use MyEtherWallet, for Stellar you need to use Stellar Account Viewer, and for Factom you need to use MyFactomWallet. Once the Neon wallet opens up, click the Ledger button and make sure you have opened up the Neo app on your hardware wallet. Once you have downloaded the Neon wallet, move the Neon icon to your applications folder to install.
Your email address will not be published. Once your shiny new device has arrived, the first setup is making sure the box is sealed.
You will then be taken through a series of instructions to ensure that you have set up everything correctly, including steps like ensuring you have set up a pin and recorded your recovery phrase. For every cryptoasset that you use with Ledger Live, you will need to create at least one account. Also, let’s say your Ledger Nano S is damaged or lost but you still have the recovery phrase. Your private key, which is used to retrieve all of your cryptoassets from the blockchain, still will be stored safely offline in the Ledger Nano S. Getting Started: How To Set Up Ledger Nano S? The Ledger Nano S screen will show “Word #1” and the 1rst word.