Step-by-Step Guide to Buying and Selling Crypto via Ledger Live
Learn how to securely buy and sell cryptocurrency directly from your Ledger Live app, with your assets protected by your hardware wallet.
Start NowHow to Buy Crypto
Buying crypto through Ledger Live is a simple and secure process. The application integrates with third-party providers to facilitate the purchase, but your hardware wallet ensures the transaction is approved safely.
Step 1: Connect Your Device
Open Ledger Live and connect your Ledger device to your computer via USB. Unlock it with your PIN code.
Step 2: Navigate to the 'Buy' Section
In the left-hand menu of Ledger Live, click on the **'Buy'** tab.
Step 3: Choose Your Provider and Details
Select the cryptocurrency you wish to buy and the currency you'll pay with. Ledger Live will then present a list of providers and their rates. Choose the one that best suits your needs.
Step 4: Enter the Amount and Confirm
Enter the amount you wish to buy. The app will calculate the total cost and show you the fees. Follow the provider's on-screen instructions to complete the payment.
How to Sell Crypto
Selling your crypto to fiat currency is just as straightforward. Ledger Live uses the same integrated provider model to allow you to sell your assets directly to your bank account.
Step 1: Navigate to the 'Sell' Section
In the left-hand menu, click on the **'Sell'** tab.
Step 2: Choose Your Provider and Details
Select the cryptocurrency you want to sell and the fiat currency you wish to receive. Choose a provider from the list and follow their verification steps.
Step 3: Enter the Amount and Confirm
Enter the amount you want to sell. The app will show you the estimated amount you'll receive. You will then be prompted to confirm the transaction on your Ledger device.
Security & Best Practices
1. Always Verify on Your Device
The most crucial step is to **always verify the transaction details** on your Ledger device's physical screen before confirming. This includes the amount, the receiving address, and the fees. This prevents malware from tampering with the transaction details.
2. Only Use Trusted Providers
Ledger Live partners with reputable third-party providers to offer buy/sell services. Stick to these verified options within the app to avoid potential scams and fraudulent services.
Ready to Start Your Crypto Journey?
By following this guide, you can confidently buy and sell crypto with the assurance that your assets are protected by Ledger's industry-leading security.
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