Ledger Wallet
What is Ledger Wallet?
Ledger WalletA hardware wallet line by French firm Ledger SAS that stores cryptocurrency keys inside a certified secure-element chip.
Ledger Wallet refers to the family of hardware wallets produced by Ledger SAS, including the Nano S, Nano S Plus, Nano X, and Stax. Each device pairs a general microcontroller with a secure-element chip certified to standards such as CC EAL5+, which isolates the seed and signs transactions without exposing the private keys to the host. Users manage assets through the Ledger Live application across Bitcoin, Ethereum, and many other chains. Ledger has faced notable incidents, including a 2020 customer-database leak that fueled phishing campaigns and the controversial 2023 Ledger Recover service, both of which renewed debate over closed-source firmware and seed-extraction risks.
● Examples
- 01
A Ledger Nano X paired with Ledger Live to manage Bitcoin and Ethereum holdings.
- 02
Phishing emails impersonating Ledger support after the 2020 customer-data breach, aimed at extracting recovery phrases.
● Frequently asked questions
What is Ledger Wallet?
A hardware wallet line by French firm Ledger SAS that stores cryptocurrency keys inside a certified secure-element chip. It belongs to the Web3 & Blockchain category of cybersecurity.
What does Ledger Wallet mean?
A hardware wallet line by French firm Ledger SAS that stores cryptocurrency keys inside a certified secure-element chip.
How does Ledger Wallet work?
Ledger Wallet refers to the family of hardware wallets produced by Ledger SAS, including the Nano S, Nano S Plus, Nano X, and Stax. Each device pairs a general microcontroller with a secure-element chip certified to standards such as CC EAL5+, which isolates the seed and signs transactions without exposing the private keys to the host. Users manage assets through the Ledger Live application across Bitcoin, Ethereum, and many other chains. Ledger has faced notable incidents, including a 2020 customer-database leak that fueled phishing campaigns and the controversial 2023 Ledger Recover service, both of which renewed debate over closed-source firmware and seed-extraction risks.
How do you defend against Ledger Wallet?
Defences for Ledger Wallet typically combine technical controls and operational practices, as detailed in the full definition above.
What are other names for Ledger Wallet?
Common alternative names include: Ledger Nano, Ledger device.
● Related terms
- web3№ 464
Hardware Wallet
A dedicated physical device that stores cryptocurrency private keys in a tamper-resistant secure element and signs transactions offline.
- web3№ 1170
Trezor Wallet
An open-source hardware wallet line by SatoshiLabs that stores cryptocurrency seeds offline and signs transactions through a built-in screen and buttons.
- web3№ 906
Recovery Phrase
A list of 12 or 24 words generated under the BIP-39 standard that encodes the master seed of a cryptocurrency wallet and can restore all derived keys.
- web3№ 709
Multisig Wallet
A cryptocurrency wallet that requires m-of-n signatures from independent keys to authorise a transaction, removing single-key compromise as a fatal failure.
- attacks№ 821
Phishing
A social-engineering attack in which an attacker impersonates a trusted party to trick a victim into revealing credentials, transferring money, or running malware.