Is Ledger Live a hot wallet?

Ledger Live’s backed up by the most trusted hardware wallet available. Our wallets are independently certified and designed to resist sophisticated cyber attacks. So you’re in full control.

Ledger Live is an excellent new and free product for Ledger users that only adds to the security, usability, and convenience of using Ledger devices . The features contained in the application only reinforce the fact that the Ledger hardware wallet is a must have for any serious cryptocurrency investor or enthusiast.

By comparing Ledger vs Coinbase overall scores, we clearly see that Ledger has the higher overall score of 9.5 . Coinbase, on the other hand, has scored 9.1 final points.

The Ledger Nano S (or the more expensive Nano X) is one of the best hardware wallet options if you plan on investing in Bitcoin (BTC) and altcoins . The Ledger Nano S supports more digital assets than its main competitor: TREZOR Model T.

The short answer: No, not at all . Your coins would still be safe and you can still access them even if Ledger doesn’t exist. The longer answer requires a little insight into where your coins live and how they’re stored and secured.