Ledger Live is a software application developed by Ledger, a prominent hardware wallet manufacturer. The app allows users to manage and track their cryptocurrency assets securely through their Ledger hardware wallets, such as Ledger Nano S and Ledger Nano X. Here are some key features of Ledger Live:
- Portfolio Tracking: Users can view their overall portfolio, track individual asset values, and monitor gains and losses in real-time. Ledger Live supports a wide range of cryptocurrencies.
- Secure Transactions: All transactions (sending, receiving, staking, and more) must be approved on the hardware wallet itself, providing an extra layer of security. This prevents remote attacks and unauthorized transactions.
- Staking and Earning Rewards: Users can stake certain cryptocurrencies directly through the app, such as Ethereum, Tezos, and Polkadot, and earn rewards.
- NFT Management: Recently, Ledger Live added support for managing Ethereum-based NFTs, enabling users to view and securely store their NFT collections.
- Third-Party App Integration: Ledger Live offers integrations with DeFi platforms and third-party applications like Paraswap and 1inch, allowing users to swap tokens and interact with decentralized finance.
- Mobile and Desktop Compatibility: Ledger Live is available on both mobile (iOS and Android) and desktop (Windows, macOS, and Linux), allowing users to manage their assets on the go or at their workstation.
The app is designed for easy use, even for beginners, while maintaining Ledger’s signature security. Since all private keys are stored offline on the Ledger device, Ledger Live can only view account balances and transactions without direct access to funds.
