One of the great features of Ledger Live is that you can manage multiple accounts per cryptocurrency. For instance:
Each account has its own unique address and transaction history, but all are secured by your single Ledger device.
Ledger accounts are highly secure because:
Is my Ledger account stored online?
No. Ledger accounts are just a view of your assets on the blockchain. Your keys, which grant control, are stored securely offline in your Ledger device.
Can I access my Ledger accounts without the device?
No, you need your Ledger device to access, sign transactions, or add new accounts in Ledger Live. However, if you have your 24-word recovery phrase, you can restore your accounts on a new device.
What happens if I delete an account in Ledger Live?
Don’t worry—your crypto is still safe on the blockchain. Removing an account from Ledger Live simply hides it from view; you can re-add it later.
A Ledger account is a secure way to manage your crypto holdings through Ledger’s hardware and software ecosystem. While your assets remain on the blockchain, your Ledger device and recovery phrase are the keys that give you full control. By understanding how Ledger accounts work, you can confidently manage your crypto with top-tier security.