You've taken the essential step toward true self-custody. This guide will walk you through the mandatory process of **Hardware Wallet Setup**, ensuring your device is securely initialized. Follow these steps precisely to protect your **Digital Asset Management** and enable industry-leading **Cold Storage Security** with your Ledger Nano S Plus or Nano X.
Start Your Secure InitializationGo directly to Ledger's official website (Ledger.com) to download the genuine **Ledger Live** application. This software is essential for communicating with your **Hardware Wallet** and is mandatory for the **Ledger Device Setup** process. Avoid third-party links.
Plug your new Ledger Nano into your computer using the provided USB-C cable. Your device should power on and display a welcome message like "Welcome to Ledger." Follow the on-screen prompts for your initial **Secure Initialization**.
On the Ledger device itself, choose 'Set up as new device.' Then, define a **PIN Code** (4 to 8 digits). This PIN is your daily security barrier. Confirm the PIN twice. Remember: this PIN unlocks the device, but your **Recovery Phrase** is the ultimate key.
Your device will now generate a 24-word **Recovery Phrase**. This phrase is the master key to your **Digital Asset Management**. This step is the most critical part of the **Hardware Wallet Setup** for **Cold Storage Security**.
The **Ledger Live Guide** is more than just a setup tool; it is your verified, trusted interface for **Digital Asset Management**. It enables smooth **Firmware Updates** and ensures you are using the official, secure environment for all your crypto interactions. It’s the mandatory bridge between your offline **Cold Storage** keys and the online blockchain world.
The 24-word **Recovery Phrase** is the one and only backup of your private keys. If your Ledger device is lost, stolen, or damaged, this phrase is the key that restores access to your entire portfolio of **Digital Assets** on a new device. This phrase must be handled with the highest level of **Cold Storage Security** possible.
Understand the security hierarchy for your **Digital Asset Management**:
PIN Code: Your daily lock. It grants temporary access to the device for performing transactions. Wrong PIN 3 times wipes the device (requiring the **Recovery Phrase** for restoration).
Recovery Phrase: The Master Key. It grants permanent control of your funds on the blockchain. Anyone who knows this phrase controls your **Cold Storage**. **Never** share it with anyone, including Ledger support personnel.
Successfully completing the **Recovery Phrase** verification is the final step of the **Hardware Wallet Setup** and confirms your device is ready for use.
Once the **Secure Initialization** is complete on your Ledger device, return to the **Ledger Live Guide** application. Live will guide you through a genuine check to confirm your **Hardware Wallet Setup** is authentic and hasn't been tampered with. This is a vital **Ledger Security** feature.
After the genuine check, you can proceed to install the necessary crypto apps (e.g., Bitcoin, Ethereum, Solana) on your Ledger Nano directly through Ledger Live's manager. These apps enable the device to handle specific blockchain protocols, allowing for full **Digital Asset Management**.
Finally, create your accounts within Ledger Live. These accounts are linked to the secure keys generated during the **Ledger Device Setup**, allowing you to start receiving funds and performing transactions backed by **Cold Storage Security**.
To maintain the highest level of **Ledger Security**, regularly check for **Firmware Updates** within Ledger Live.