What is the process of setting up Ledger Nano X for storing digital currencies?

1 answers

• AnnaFeb 10, 2021 · 5 years ago
  Setting up your Ledger Nano X for storing digital currencies is a crucial step in ensuring the safety of your assets. Here's how you can do it: 1. Begin by unboxing your Ledger Nano X and connecting it to your computer using the provided USB cable. 2. Follow the on-screen instructions to initialize the device and choose whether to set up a new device or restore an existing one. 3. Create a PIN code that is easy for you to remember but difficult for others to guess. Confirm the PIN code on the device. 4. Write down the recovery phrase displayed on the device. This phrase acts as a backup for your device and should be stored in a safe place. 5. Install the Ledger Live application on your computer and set up a new account. 6. Use Ledger Live to manage your digital currencies and add the ones you want to store on your Ledger Nano X. 7. When making transactions, verify the details on the device's screen to ensure their accuracy and security. By following these steps, you can confidently store your digital currencies on the Ledger Nano X, knowing that they are protected by industry-leading security measures.
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