Cryptocurrency Q&A
Can a Ledger stop working?
Can a Ledger stop working?
Sat Jan 11 2025
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6 answers
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I'm wondering if a Ledger, which is a hardware wallet for cryptocurrencies, can stop working. I want to know if it's possible for it to malfunction or become unusable.
6 answers
Mon Jan 13 2025
Utilizing your Security Recovery Phrase (SRP) is crucial during this process. The SRP acts as a backup key to access your assets.
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Mon Jan 13 2025
Restoring your assets using the SRP on the new Ledger device is advisable. This method ensures that your digital funds are secure and accessible.
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Mon Jan 13 2025
Entering your existing SRP into the new device facilitates the restoration. It verifies your ownership and grants you access to your funds.
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Mon Jan 13 2025
When your Ledger device malfunctions, you face two primary solutions.
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Mon Jan 13 2025
One option is to acquire a new Ledger device. This step ensures you have a functional tool to manage your digital assets.
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