![]() ![]() When moving very large sums its a good idea to first send a small amount, verify it went where you expect, then send the remainder to the same address - that'll protect against major loss if your entire machine is compromised and showing you the wrong destination. Go to Ledger manager, and install the Exchange app. Select Swap from the left side menu, and follow on-screen instructions, like re-connecting your device, and allow access to the Ledger manager. From reading this subreddit, exposed seed words is the most common vector for loss.ĭiligent checking of target addresses mitigates many of the likely malware attacks. To use this feature, open Ledger live app on your desktop or on mobile and connect with your Ledger device. So long as you don't expose your seed words (by taking a photo on a phone, emailing, writing it into a notepad, putting it into a password manager tool etc), nobody can move your funds without some action on your part. However, it isn't impossible for a client-side trojan to rewrite the webpage you are viewing (such as by installing a Chrome extension), in which case you'll never actually see the correct destination and will end up sending your funds elsewhere. Step 1: Connect Your Ledger Device and Create Tezos Account First of all, you have to download the Ledger Live application from the official Ledger website. But you should compare the prices and choose for yourself. You can mitigate this by inspecting the X's screen as to the target address vs the place where you received the address. The fees doing it directly in Ledger Live are typically more expensive even accounting for those various fees using 'traditional' exchanges. Something could for example intercept the clipboard when you copy the To address, and instead tell the X to generate a transaction to an alternate location. However, if you are running _any_ malware on your machine (including a trojan'd Ledger Live) then some other vectors become possible. It deletes all your accounts whenever there’s a firmware update and whenever the fuck it feels. Annoyingly, all the accounts had to be added again. Live will never ask for you seed phrase, and if it does then you are running a hacked version.Ībsent control of the private keys, your funds cannot be moved. My ledger live once forgot all my accounts randomly. Ledger Live does not interact with your keys, they are safely contained within the X.
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