PIN code

The only way to unlock a Ledger device and use it to sign transactions is through a PIN code. Plus, only one person will ever know the PIN. The only way to create it is when setting up a new Ledger crypto wallet. Essentially, it guarantees that no one other than the wallet’s owner can execute a transaction. This keeps your wallet safe from thieves who could potentially gain physical access to your crypto wallet device.

Secure Element

Ledger distinguishes itself from other hardware devices through its key security component: the chip. All Ledger cryptocurrency wallets contain a component known as a Secure Element. This high-security computer chip is so safe it’s the same chip you will find in your bank card and biometric passport. This chip is practically tamper-proof and protects against countless hacks. It also runs the embedded apps you install on your device and stores your private keys.

Secure Screen

Ledger crypto wallets also feature a secure screen, a tamper-proof screen isolated from the internet connection. The screen enables you to verify the full details of your transaction instead of trusting the screen of your internet-connected device before physically verifying the transaction using the two buttons on the device. 

Operating system

Ledger has developed a secure OS that ensures all the applications on your device operate separately from one another. This means that there is no single point of failure within the wallet. 

Moreover, it’s Ledger’s secure OS that mandates a physical confirmation for each cryptocurrency transaction. This means nobody can ever transact without your knowledge. Only you can confirm each transaction, and you must do so physically with your device.