Introduction to Ledger Wallet

Cryptocurrencies have transformed how people store and manage value. With this transformation comes a greater responsibility for users to secure their digital assets. One of the most trusted and widely used hardware wallets in the market today is the Ledger Wallet.

Ledger is a hardware wallet developed by Ledger SAS, a French company founded in 2014. Ledger devices are designed to secure cryptocurrency holdings by storing users’ private keys offline, away from potential online threats.

Frequently Asked Questions (FAQ)

Q1: Is Ledger safe to use in India?

Yes, Ledger is used globally and is safe and secure in India. Many crypto investors in India use it to secure their assets.

Q2: Can I use Ledger without the internet?

The device itself works offline, but Ledger Live needs internet access to fetch blockchain data and sync transactions.

Q3: What happens if Ledger goes out of business?

You can always recover your assets using your 24-word phrase on any compatible wallet, such as Electrum, MetaMask (with hardware support), or Trezor.

Q4: Can I store NFTs on Ledger?

Yes, Ledger supports Ethereum and Polygon-based NFTs via Ledger Live and WalletConnect integration.

Q5: What if my Ledger is stolen?

As long as your PIN and recovery phrase are safe, no one can access your funds. You can restore your wallet on a new device.