Setting up Ledger Live Desktop is designed to be smooth and beginner-friendly. After installation, the application guides users through steps such as connecting their Ledger wallet, verifying the device, and adding accounts. Once configured, the interface allows users to add multiple accounts across different blockchain networks. For example, you can create separate accounts for long-term holdings, frequently traded assets, or staking funds.
The asset view is detailed and transparent, showing transaction history, historical charts, and full balance breakdowns. This helps users stay informed about their financial activity and portfolio performance.
Ledger Live Desktop excels in portfolio tracking. The app offers real-time monitoring of your crypto holdings, with charts and analytics showing gains, losses, and performance trends. Users can filter their transactions, review historical performance, and track value changes across various time frames. These tools are especially helpful for traders and long-term investors who need accurate insights into their asset performance.
The detailed analytics allow users to evaluate their diversification strategy, compare asset growth, and maintain a balanced portfolio without needing multiple external platforms.
One of the most attractive features of Ledger Live Desktop is staking support. Eligible cryptocurrencies can be staked directly through the interface, allowing users to earn passive rewards. Depending on availability, assets such as Ethereum, Polkadot, and Tezos can be staked securely, without exposing private keys to third-party services.