Common Use Cases for Ledger Live
1. Managing Investments
Ledger Live’s portfolio tracking tools are ideal for investors who want to monitor the performance of their holdings. The real-time insights and detailed analytics make it easy to stay informed about market movements.
2. Long-Term Storage
For HODLers, the combination of Ledger hardware wallets and Ledger Live provides a secure environment for long-term storage of cryptocurrencies. The hardware wallet ensures assets are safe, while Ledger Live offers convenient access when needed.
3. Staking for Passive Income
Crypto enthusiasts looking to grow their holdings can use Ledger Live’s staking feature to earn rewards. This is a secure and hassle-free way to generate passive income.
4. Exploring DeFi and NFTs
Advanced users can leverage Ledger Live’s integration with DeFi platforms and NFT marketplaces. Whether lending assets or collecting digital art, Ledger Live makes it easy to explore these innovative blockchain applications.