Keep your Recovery Phrase Safe!
There will be a sheet where you can write down your 20-word recovery phrase. This is the most important part because it acts as a backup to the device. You will need to keep it very safe because if someone gets access to that paper it is essentially the same as stealing your wallet.
Do not take a photo or have a digital copy of that list!
Ledger Nano S Setup
- Choose a 4-digit PIN code and confirm;
- Write down your 20-word recovery phrase. The order of the words is also important;
- After setting up the device, with it still plugged in, visit the Ledger website to download the apps corresponding to the cryptocurrencies you want to use with your Ledger; and
- Follow the instructions on the site and use.
Note: after setting it up you will be navigating the device on your computer.
You can receive cryptocurrency even when the device is offline. It’s only when you want to send that you need to connect the device and enter your PIN and login.
After inputting all the transaction details on your computer, as an additional security measure, you can double check the details on the device. Make sure the address and amount are correct and confirm.
Get your Ledger Nano S: https://www.ledgerwallet.com/r/428b