Before sending and receiving crypto assets, educate yourself to make informed decisions. Crypto assets you manage using your Ledger device can be targeted by malicious actors. Optimize your asset security by transacting with caution.
Don't trust, verify
Assume that your computer is compromised and that an address on your screen cannot be trusted.
- Always send a small amount first. Then verify that the transaction was properly received by the recipient before proceeding to send larger amounts.
- Use secondary communication means when obtaining a recipient address or QR code.
Example: double-check an exchange deposit address through SMS, email or a messaging app when possible.
- Check recipient addresses after you copy and paste. Malware on your smartphone might replace addresses in your clipboard.
- Verify that the recipient address, amount and fees are correct and that they are the same on both your smartphone and the hardware wallet when sending a transaction.
- Verify that each address used to receive transactions belongs to you by displaying it on your hardware wallet. Addresses shown in Ledger Live could be manipulated if your computer is compromised.
- Wait for a significant amount of confirmations before accepting a payment. For Bitcoin, six confirmations are recommended.
Even if Ledger Live can provide receiving addresses without a Ledger device, these addresses provide suboptimal security. Choosing to use unverified addresses comes at your own risk.