Security is at the core of Ledger Live. While the application itself does not store private keys, it acts as an interface to the Ledger hardware wallet where those keys remain protected. This structure dramatically reduces exposure to cyber threats such as malware, phishing, or remote hacking attempts. Every transaction initiated on Ledger Live must be physically confirmed on the hardware device, ensuring full user control.
Ledger Live integrates with third-party partners to allow users to buy cryptocurrency directly within the app. This means new users can go from fiat currency to crypto without leaving the Ledger ecosystem. The app also supports crypto swapping, enabling quick exchanges between major digital assets. Additionally, users can sell certain cryptocurrencies directly from the interface, giving them a complete end-to-end experience.
One of the most appealing features for long-term investors is staking support. Ledger Live enables staking options for various assets such as Ethereum, Polkadot, Tezos, and others. Users can earn rewards simply by holding and supporting the network through delegated staking. Staking through Ledger Live combines ease of use with hardware-level security, which many software-only wallets cannot offer.