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Ledger Nano Gen5 setup: a step-by-step guide from unboxing to your first transaction
Ledger Nano Gen5 setup begins with checking the box contents and turning on the device. This guide takes you through the steps in Ledger Wallet on a computer: Genuine Check, a Ledger OS update, naming the device and choosing a PIN, creating a wallet with a 24-word recovery phrase, adding a Bitcoin account and verifying its address. We then cover passphrases and your first transfer.
We recommend using a computer for the initial setup: a larger screen makes it easier to read the instructions and compare them with the device screen. This guide explains how to connect Ledger Nano Gen5 to Ledger Wallet over USB. You can connect the mobile app later without creating a new recovery phrase.
Ledger Nano Gen5: screen, connectivity and box contents
Gen5 has a 2.8-inch E Ink touchscreen and a plastic casing. USB-C connects it to a computer, Bluetooth works with the compatible mobile app, and NFC supports features such as Recovery Key. The desktop version of Ledger Wallet does not connect to Gen5 over Bluetooth.
If you are still choosing a model, see our Ledger wallet comparison. The rest of this guide focuses on setting up Nano Gen5.
What you need to set up Ledger Nano Gen5
Your private keys are stored in Gen5’s Secure Element, while your crypto assets are recorded on the blockchain. Ledger Wallet displays accounts, balances and transaction history; the device lets you verify addresses and sign transactions. Before starting, prepare:
Step 1. Unbox Gen5 and check the contents
What’s in the box
The standard box contains Ledger Nano Gen5, a USB-C to USB-C cable, three blank Recovery Sheets, a Ledger Recovery Key card and a safety booklet. You do not need to set up the card immediately; we cover it after creating the wallet.
Step 2. Turn on Gen5 and choose desktop setup
Press and hold the button on the right edge for about one second. If the device does not turn on, connect it to a USB power source to charge. Wait for the welcome screen and read the introductory messages.
Welcome screens and the desktop setup option
Prompts to continue in Ledger Wallet
Read Follow the setup instructions displayed on Ledger Wallet and tap the screen to continue. The device may also show a My Ledger prompt for users who already have the app installed. In the current interface, connection starts with Connect. After the introductory screens, leave Gen5 switched on and continue on your computer.
Step 3. Download and install Ledger Wallet
Downloading from Ledger’s official website
Installation and connection do not require you to enter your 24 words, PIN or passphrase on the computer. Enter secret information only on Gen5 itself.
Step 4. Connect Ledger Nano Gen5 in the app
Using Connect in Ledger Wallet
On the Ledger Wallet home screen on your computer, click Connect. Keep Gen5 connected by USB.
Selecting Ledger Nano Gen5
In the What’s your Ledger? window, find Ledger Nano Gen5 and click Select beneath it. The app will move on to the device check.
Step 5. Complete the Ledger Genuine Check
Starting the check in the app
Ledger Wallet opens Ledger Genuine Check to check the device’s authenticity and Ledger OS version. Click the check button for Ledger Nano Gen5. The device may display an explanation of Genuine Check at this point; this is not yet the result.
Allowing a secure connection on Gen5
Step 6. Update Ledger OS if prompted
Starting the update in Ledger Wallet
If you see OS update … available beside OS Check after Genuine Check, click the Ledger OS update button for Nano Gen5. The app will prepare the update and start transferring it to the device. If the OS is already up to date, move to the next step.
Installing the update
Checking again after the update
Another Genuine Check may be required after the update. If Ledger Wallet starts the check again, tap Allow on Gen5 to approve the secure connection. Continue once the app confirms that the device is genuine and shows Ledger OS is up to date. Click Continue to setup.
A separate procedure for updating an uninitialized device is described in Ledger’s support guide. Updating does not require you to enter your recovery phrase in Ledger Wallet.
Step 7. Name Ledger Nano Gen5 and set a PIN
Ledger Wallet will show Let’s get started and ask you to continue on Gen5. Enter the name and PIN on the device’s touchscreen; the computer app provides guidance.
Naming the device
A PIN of 4 to 8 digits: Choose my PIN
This PIN unlocks Gen5 itself. You do not enter it in Ledger Wallet on your computer.
Step 8. Create a new wallet and confirm the 24 words
Creating a new wallet
On your computer, Ledger Wallet explains the difference between creating a new wallet and restoring one. On Gen5, read the introductory message, tap to continue and select Set up as a new Ledger device. This is the option we use in the guide: the device generates a new 24-word Secret Recovery Phrase.
Restore using a Secret Recovery Phrase or backup restores access to an existing wallet. Choose between creating a new wallet and restoring one according to what you need.
Writing the 24 words on your Recovery Sheet
Checking the words you recorded
Put your Recovery Sheet somewhere safe. You can also copy the words onto a metal seed phrase backup. Keep Gen5 separate from your backups so that a single theft or fire cannot take both the device and every way to restore access.
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2,590.00 UAHOriginal price was: 2,590.00 UAH.2,190.00 UAHCurrent price is: 2,190.00 UAH.If you need to restore an existing wallet instead
To restore an existing wallet, select Restore using a Secret Recovery Phrase or backup when choosing the setup method. Choose recovery phrase restoration and specify its length: 12, 18 or 24 words. Enter the first letters and select each word only on Gen5 until the device confirms the phrase. Then add accounts for the relevant networks in Ledger Wallet. A wallet protected by a passphrase also requires that exact passphrase.
Step 9. Skip Ledger Recovery Key for now
Skipping Recovery Key setup
After selecting I’ll do this later, you can continue setting up the wallet. You can add Recovery Key later; the card is not required to create a Bitcoin account.
How to add Ledger Recovery Key later
Ledger Recovery Key is a physical NFC card that backs up your recovery phrase. To set it up, you need an unlocked Gen5 and the card:
To restore from a card with a saved backup, choose backup restoration and Ledger Recovery Key on a new or reset compatible Gen5. Follow the device’s prompts to hold the card against it and enter the card’s PIN on Gen5. After restoration, add your accounts in Ledger Wallet. Do not reset your only working wallet just to test the card.
Ledger Recovery Key
Ledger Recover is a separate, optional service
Ledger Recovery Key and Ledger Recover are different products. Recover is a separate paid recovery service that requires identity verification. If the app offers to activate it, you can skip that step: a subscription is not required to add accounts, receive or send crypto assets. Installing Ledger Wallet or updating the OS does not activate the service.
Step 10. Enable Wallet Sync and finish the initial setup
Syncing Ledger Wallet data
To see the same accounts on another computer or phone, enable Ledger Sync there and connect that app to the same sync setup. Installing Ledger Wallet alone is not enough. Wallet Sync synchronizes app data and does not replace your recovery phrase. Your private keys stay on Gen5, where you approve operations. See the Ledger Sync instructions for details.
Finishing the initial setup
Once these steps are complete, Ledger Wallet displays Now you’re in control. Select Tap to continue. The device’s basic setup is complete; next, we will add a Bitcoin account and verify its receiving address.
Step 11. Add a Bitcoin account
The Bitcoin app on Gen5 lets the device work with the Bitcoin network, while a Bitcoin account in Ledger Wallet provides addresses, a balance and transaction history. Ledger Wallet may automatically install the app on the device when you add Bitcoin. If it is already installed, it does not need to be installed again.
Start adding a crypto asset
Selecting Bitcoin and installing the app
Confirm the Bitcoin 1 — Native SegWit account
When adding other assets, choose the correct network. For example, USDT on Ethereum uses an Ethereum account, while USDT on Tron uses a Tron account. A token’s name alone does not identify the transfer network. Check support for both the asset and network before depositing funds.
Step 12. Get a Bitcoin address and verify it on Gen5
Selecting the account
Comparing the address in the app and on the device
Ledger Wallet may show a new Bitcoin receiving address after the previous one has been used. This is normal: earlier addresses for the same account remain valid.
Step 13. Set up a passphrase if you need one
A passphrase is an additional secret used with your 24 words to access a separate set of accounts and addresses. It can contain up to 100 characters, and both letter case and spaces matter. You can skip this step for a standard wallet: your main PIN and a securely stored recovery phrase are sufficient.
Setting up a passphrase does not move existing funds or turn the Bitcoin account you just added into a passphrase-protected account. It stays linked to your standard wallet. Add a separate account after activating the passphrase wallet.
Our passphrase guide explains the feature with examples. Below, we cover both modes on Ledger Nano Gen5.
Open Settings → Advanced → Set passphrase
Create a second PIN and confirm the passphrase
Before funding the wallet, check that you can reopen it and enter the exact passphrase from your written record, as described below. This helps confirm that you have the information needed to restore access.
Gen5 can store one passphrase attached to a secondary PIN. Attaching a new one replaces the previous configuration on the device. Funds remain at the previous addresses, and you need the previous passphrase to access them.
Temporary passphrase: access for one session
A temporary passphrase lasts for one session. The procedure in Ledger’s instructions is:
Verify access to the passphrase account before funding it
Ledger Wallet can display accounts from both your standard wallet and your passphrase wallet at the same time. You can sign a transaction only when the wallet that controls that account is active on Gen5.
Step 14. Receive and send a small test amount
Once you have verified the address, you can make your first transfer. Start with a small amount, allowing for fees and the sending exchange or wallet’s minimum withdrawal amount. The example below uses the Bitcoin account added earlier.
Receiving BTC from an exchange or another wallet
Gen5 does not sign an incoming transaction when you receive a normal transfer. A website asking you to sign to “activate receiving” is not part of this process.
Sending BTC with approval on Gen5
You do not need to enable blind signing for a normal transfer in Ledger Wallet. If a third-party website asks you to sign data you do not understand, stop and find out what the transaction does. See our separate guide to Clear Signing and blind signing.
Setup complete: what to check before use
Locking Gen5 and using it after setup
A short press of the button on the right edge locks Gen5. For long-term storage, turn it off through the power menu and recharge the battery periodically; Ledger recommends doing this about once every three months. The E Ink image may remain visible after the device is switched off.
To configure automatic locking, open Settings → Lock screen → Auto lock. Choose 1, 2, 5 or 10 minutes. Automatic shutdown is a separate setting under Settings → Battery → Auto power off. If the shutdown interval is shorter than the lock interval, the device will switch off first.
Optional features to explore after setup
Verify your written recovery phrase with Recovery Check
Recovery Check verifies that the words you recorded match the recovery phrase of the active wallet on the device. This is an optional check after setup, and it does not require resetting Gen5. It does not verify your saved passphrase.
The screens and possible results are shown in the Ledger Recovery Check instructions.
Use Ledger Security Key to sign in to services
With Ledger Security Key, Gen5 can act as a physical security key for compatible services. This feature is configured separately from your crypto accounts. Our Ledger Security Key guide explains how to register the key and set up a backup sign-in method.
Common Ledger Nano Gen5 setup problems
Ledger Wallet cannot detect Gen5
Check that your USB cable supports data transfer and try another port. If you have already set a PIN, unlock Gen5. Close any other wallet apps or browser tabs that might be using the device. See our Ledger Wallet connection troubleshooting guide for further checks. Do not start troubleshooting by resetting the wallet.
A zero balance or a signing error
A zero balance is normal for a new account. If you expected funds to be there, check the network, selected account and active passphrase. Gen5 unlocked with the main PIN cannot sign for an account belonging to a different wallet. After restoring a wallet, you also need to add the relevant accounts again in Ledger Wallet.
Funds have not appeared after a withdrawal
Get the transaction hash from the sender and check its status on the correct network. If the exchange has not yet broadcast the transaction, Ledger Wallet cannot speed it up. If the transfer is already confirmed, check the address, network and account, then refresh the app. See our guide to transfers missing from your balance. Do not repeat the withdrawal until you know the status of the first one.
You entered the recovery phrase on a website or shared it with someone
Getting help
If you bought Ledger Nano Gen5 from us and have questions about setup, message us or call +380 96 199 55 55. If you bought directly from the manufacturer, contact official Ledger Support. To investigate, we only need the device model, Ledger OS and Ledger Wallet versions, and the error message. Never share your 24 words, PIN or passphrase, or show them in screenshots.
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