Most transactions include two destination addresses. One address belongs to the recipient and the other one is a change address that belongs to your own hardware wallet. This applies to crypto assets based on Bitcoin, not for ETH, XRP etc.
How it works
When a transaction does not entirely consume the coins it is spending, the difference is known as change. The change is sent back to an automatically generated address called the change address.
- Ledger Live automatically generates a fresh change address for every new transaction that does not fully spend its inputs.
- Ledger Live automatically takes care of change, you do not have to track the coins on your change addresses.
- It is not possible to check which address is your change address in Ledger Live. You can check your Bitcoin change addresses using Electrum.
Always verify receiving addresses on your Ledger device and send a small amount first before sending larger amounts. Never assume that an address shown in the transaction details is yours!