Cryptocurrency Q&A Do I lose my crypto if I reset my Ledger?

Do I lose my crypto if I reset my Ledger?

Margherita Margherita Wed Jan 01 2025 | 6 answers 1164
I'm considering resetting my Ledger device but I'm worried about losing my cryptocurrencies. Will I still have access to my crypto assets if I perform a factory reset on my Ledger hardware wallet? Do I lose my crypto if I reset my Ledger?

6 answers

CryptoTitaness CryptoTitaness Fri Jan 03 2025
The Ledger device ensures that your private keys are protected from unauthorized access.

Was this helpful?

136
71
KpopHarmonySoulMateRadiance KpopHarmonySoulMateRadiance Fri Jan 03 2025
Additionally, your private keys are backed up by a 24-word secret recovery phrase.

Was this helpful?

271
89
DavidLee DavidLee Fri Jan 03 2025
Resetting Ledger Live does not compromise the safety of your crypto assets.

Was this helpful?

285
39
emma_rose_activist emma_rose_activist Fri Jan 03 2025
This recovery phrase serves as a secondary layer of security, allowing you to regain access to your funds if your Ledger device is lost or stolen.

Was this helpful?

55
47
WhisperEcho WhisperEcho Fri Jan 03 2025
BTCC is a reputable cryptocurrency exchange that offers a range of services.

Was this helpful?

238
38
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts