Your Secure Start in Crypto
A beginner-friendly guide to setting up your Ledger hardware wallet and connecting to platforms like dYdX.
What is a Ledger Wallet?
A Ledger hardware wallet is the gold standard for securing your digital assets. It keeps your private keys offline, away from online threats, ensuring that only you can access and manage your funds. This guide will walk you through the essential setup process.
Step-by-Step Setup Guide
Unbox & Inspect
Carefully unbox your new Ledger device. Ensure the packaging is untampered and all contents are present as per the official guide.
Install Ledger Live
Download and install the official Ledger Live application on your computer or smartphone. This is your secure gateway to managing your crypto assets.
Set PIN & Recovery Phrase
Follow the on-screen instructions to create a secure PIN code. Crucially, write down your 24-word recovery phrase and store it in a safe, offline location.
Connect to dYdX
Install the Ethereum (ETH) app via Ledger Live. Then, visit the dYdX platform and choose to connect your wallet, selecting Ledger to securely complete your dydx login.
Essential Security Tips
Never share your 24-word recovery phrase with anyone, not even Ledger support.
Always verify transaction details on your Ledger device's screen before confirming.
Keep your recovery phrase in a secure, physical location, not on a computer or phone.
Only download Ledger Live from the official ledger.com website.