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What is the process of setting up Monero on Ledger for storing and managing cryptocurrencies?

avatarkrishaDec 14, 2021 · 3 years ago1 answers

Can you provide a detailed step-by-step guide on how to set up Monero on Ledger for securely storing and managing cryptocurrencies?

What is the process of setting up Monero on Ledger for storing and managing cryptocurrencies?

1 answers

  • avatarDec 14, 2021 · 3 years ago
    Setting up Monero on Ledger for storing and managing cryptocurrencies is a straightforward process. Here's what you need to do: 1. Connect your Ledger device to your computer using the USB cable. 2. Open the Ledger Live application on your computer. 3. In the Ledger Live application, click on 'Manager' in the left sidebar. 4. Search for 'Monero' in the app catalog and click on it. 5. Click on the 'Install' button to install the Monero app on your Ledger device. 6. Follow the on-screen instructions to complete the installation. 7. Once the installation is complete, open the Monero app on your Ledger device. 8. On your computer, open the Monero wallet software. 9. Click on 'Create a new wallet' and select 'Ledger' as the hardware wallet option. 10. Follow the instructions to set up your Monero wallet using your Ledger device. 11. Once your wallet is set up, you can start storing and managing your Monero and other cryptocurrencies. That's it! You're now ready to securely store and manage your cryptocurrencies using Monero and Ledger. If you have any more questions, feel free to ask.