If you’re using a Ledger Nano X or Nano S Plus, you already care about crypto security. But are you using your Ledger device to its full potential? In this article, we uncover 10 advanced but practical tips that even seasoned users often overlook.
1. Use a Passphrase for Hidden Wallets
Ledger supports a 25th word (a passphrase) that adds a layer of security — creating a « hidden wallet » that is only accessible when you enter the extra word during setup.
Why use it?
- Conceals funds from prying eyes
- Offers plausible deniability
- Adds an advanced layer of privacy
⚠️ Caution: If you forget your passphrase, you cannot recover that wallet.
2. Set Up Multiple Accounts per Coin
Did you know you can create several accounts for the same cryptocurrency in Ledger Live? This helps you:
- Separate long-term holdings from active trading
- Manage personal and business funds
- Organize different income sources
3. Add Custom Tokens to Ledger Live
Ledger Live supports many ERC-20 and BEP-20 tokens, but not all appear by default. You can manually add them using the contract address under the « Accounts » section.
Great for:
- New tokens
- Low-cap projects
- Airdrops
4. Use Ledger Live’s Tags and Notes for Transactions
Ledger Live lets you tag transactions or add notes, which is a lifesaver for bookkeeping, taxes, and remembering what each transfer was for.
Try this if you:
- Manage multiple wallets
- Receive payments for work
- Send funds to friends or family
5. Enable Password Lock on Ledger Live
Protect your desktop or mobile Ledger Live app with a password to prevent unauthorized access — even if someone has physical access to your device.
6. Export CSV for Tax Season
Avoid stress during tax season by exporting a CSV of your transactions directly from Ledger Live. Works well with crypto tax tools like Koinly, ZenLedger, and CoinTracker.
7. Use Ledger with MetaMask for DeFi & NFTs
Connect your Ledger device to MetaMask for secure access to:
- dApps (Uniswap, Aave, etc.)
- NFT marketplaces (OpenSea, Blur)
- Web3 games and platforms
Always verify every transaction directly on your device before signing.
8. Install Developer Apps for Advanced Use Cases
In « Experimental features » under Ledger Live settings, you can enable developer apps and use:
- Testnet environments
- Advanced token support
- Features in beta
This is useful for developers, power users, or those testing new protocols.
9. Don’t Forget to Update Your Firmware
Ledger regularly rolls out firmware updates to improve security and usability. Check Ledger Live for available updates and always verify the authenticity before proceeding.
Warning: Only update via the official Ledger Live app — never trust pop-ups or third-party links.
10. Use Ledger’s Cryptosteel Capsule for Recovery Phrase Backup
Paper backups can be destroyed by fire or water. Ledger’s Cryptosteel Capsule Solo offers a fireproof, waterproof way to store your 24-word seed.
Bonus tip: Split your backup between two locations for added safety.
Final Thoughts: Unlock the Full Power of Ledger
Ledger wallets are more than just secure — they’re packed with features that give you full control over your crypto journey. With these 10 tips, you’ll protect your assets better, streamline your operations, and take your crypto experience to the next level.
Discover more tools and accessories at Ledger.com.
Keywords: Ledger tips, advanced Ledger tricks, hidden Ledger features, Ledger passphrase, Ledger tax export, Ledger MetaMask, Ledger backup capsule, how to secure crypto better
