Step 1: Download Ledger Live
Download Ledger Live via this link. Press the button 'Download Now'. When the file is downloaded you can open it and install the program by going through the steps.
Step 2: Security Check
Press the 'Get started' button. Because the device has just been initialized, choose the option 'Use an initialized device'. Then choose the 'Ledger Nano S'.
Now you have to go through a security checklist. Fill in 'Yes' at the first two questions to confirm that you have created your pincode and recovery seed yourself.
Next, do the genuine check. In order to perform this check, you must confirm this on your Ledger by pressing the check mark. The check may take a while. When it is finished you can proceed to the next step.
Step 3: Password
Now you have the possibility to come up with a password. The password prevents anyone on your computer from viewing your details such as your transaction history and public addresses.
Fill in the password twice and press 'Continue'.
Step 4: Firmware Update
You may not have the latest firmware on your device. If this is the case, a new version is available under the heading 'Manager' on the right, with a blue 'Update' button next to it. Press this button to install the new firmware. If there is nothing there, you have the latest firmware and you can skip this step.
In the pop-up screen you first press 'Continue', then you have to verify your device by clicking on the right button of your Ledger and entering your pin code.
Now remove the USB cable from your Ledger, keep the left button of your device pressed and reconnect the cable to the Ledger until you see 'Processing' on the screen.
When the update is finished all you have to do is press 'Close'.
Step 5: Installing Apps
If you want to put a coin on your Ledger you have to install the corresponding app. Search for the right coin and press the 'Install' button and the app will be installed automatically. Press 'Close' when the process is over.
Step 6: Creating an Account
In the menu on the left, go to 'Accounts' and press the plus sign. Select the crypto you want to put on your wallet and click 'Continue'. Navigate on your device to the corresponding app and press 'Continue' again.
Ledger Live is now synchronising. This may take a while. Under the heading 'Add New Account' you will see that you can give your new account a name. Select the check mark and click 'Add account'. Your account has now been added.
Step 7: Retrieve recipient address
We use Bitcoin as an example for this step. If you want to send Bitcoins from an exchange or another wallet to your Ledger, you need an address to send them to. This is called a receiving address and can be created in Ledger Live.
In the left menu, go to Receive. Select an account in the first step. In the second step, wait until Ledger Live connects to your Ledger and press 'Continue'. In the third step, press 'Verify'. Now you will see a QR code with your receiver address below it. You can copy this code by pressing 'COPY'.
Send your Bitcoin to this address to keep it safe on your Ledger.