Recommended Settings for Different Crypto Assets
Optimize your Ledger device for each cryptocurrency. These settings balance security, privacy, and usability based on industry best practices and expert recommendations.
Universal Best Practices
Security Settings
- ✓Always verify addresses on device screen
- ✓Keep firmware updated to latest version
- ✓Use strong 8-digit PIN code
- ✓Enable additional passphrase for large holdings
Transaction Safety
- ✓Double-check recipient addresses
- ✓Start with small test transactions
- ✓Review all transaction details on device
- ✓Never approve unknown smart contracts
Bitcoin (BTC)
Optimal configuration settings
Recommended Settings
Lowest fees and best privacy
Critical for security
Enhanced privacy
Balance of speed and cost
Production network only
Advanced Tips & Considerations
- →Enable RBF (Replace-By-Fee) for fee adjustment
- →Use coin control for large transactions
- →Verify receiving addresses on device screen
Ethereum (ETH)
Optimal configuration settings
Recommended Settings
Production network
Required for DeFi and NFTs
Security - only enable when needed
Control transaction costs
Modern fee mechanism
Advanced Tips & Considerations
- →Only enable blind signing for trusted dApps
- →Clear contract data after DeFi transactions
- →Use hardware wallet for transaction approval
Cardano (ADA)
Optimal configuration settings
Recommended Settings
Maximum compatibility
Secure delegation
Current standard
Advanced Tips & Considerations
- →Verify staking pool details on device
- →Keep ADA staked for passive rewards
Polkadot (DOT)
Optimal configuration settings
Recommended Settings
Production network
Earn rewards
Account minimum
Advanced Tips & Considerations
- →Use multiple nominators for redundancy
- →Monitor validator performance regularly
Solana (SOL)
Optimal configuration settings
Recommended Settings
Production network
Compatibility
Account maintenance
Advanced Tips & Considerations
- →Verify all SPL token transfers on device
- →Use Phantom or Solflare with Ledger
DeFi & Smart Contracts
When using DeFi protocols, enable contract data but disable blind signing. Only interact with audited, reputable protocols.
- • Review contract interactions carefully
- • Use token allowance limits
- • Revoke unused approvals regularly
Privacy Considerations
Maximize privacy by using address rotation, avoiding address reuse, and considering privacy coins for sensitive transactions.
- • Generate new addresses for each transaction
- • Use coin mixing for Bitcoin when needed
- • Consider Tor for additional anonymity