How to use your Ledger device with Symbol Wallet

The Ledger Nano S and X are hardware wallets that support multiple cryptocurrencies, including Symbol.

A hardware wallet is a type of cryptocurrency wallet where you can store your private keys on a physical device. It’s a secure and simultaneously user-friendly way to access your coins, as the private key is stored on the device and doesn’t get leaked. Your coins are safe even when connected to an infected or malicious computer or a phishing/scam web page.

Symbol Wallet for Desktop allows you to send and receive Symbol assets using a Ledger hardware wallet. Along with providing support for XYM, the Ledger device can also offer support for tokens created on the Symbol blockchain.

Prerequisites

Your Ledger device has been initialized. Select and click your model below for instructions on how to set up your device.
- Ledger S device set up
- Ledger X device set up
Your Ledger device’s firmware is up to date. Select and click your model below for instructions on how to update your device’s firmware.
- Ledger S device update
- Ledger X device update
Ledger Live application is installed. Click here for instructions on how to get started.
Symbol Wallet for Desktop is installed.

Step 1: Install Symbol app on Ledger device

Launch the Ledger Live app, then click Manager in the left side panel.
Connect and unlock your Ledger device.
Allow the Manager on your device by pressing both left and right buttons simultaneously.
Find Symbol in the App catalog.
Click the Install button.

Step 2: Open Symbol app on Ledger device

Find the Symbol app in your Ledger device by pressing the left and right buttons.
Press both left and right buttons simultaneously to open the Symbol app.

Step 3: Launch the Symbol Wallet

Launch the Symbol Wallet.
Click Create a new profile link.

Click the Use Ledger button. Make sure the Symbol app is loaded in your Ledger device.

Enter a profile name, select Symbol Mainnet (for purpose of this guide we used Testnet) network, enter a password and then click the Next button.

Ten accounts will be presented. Please choose at least one of them to continue. All accounts are derived from your Ledger device.

To confirm profile creation accept the Terms and click the Next to continue. Note that all transactions must be confirmed via your Ledger device NOT with your password.

Step 4: Send and receive XYM in the Ledger device

After completing the steps mentioned above, navigate to the Symbol Wallet dashboard by clicking Home in the left side panel.

The dashboard shows all the transactions coming in and out of your Ledger device, your account balance, assets and block information.

IMPORTANT: When initializing a transaction in your Symbol Wallet, always verify if the data (e.g. Symbol address, XYM amount) matches with the corresponding data displayed on your Ledger device. If the two data match, you can proceed with the transaction; otherwise, you should NOT continue.

How to receive XYM

Click Accounts in the left side panel.

Click the Show on Ledger button to verify your Symbol address. If the address in your Symbol Wallet matches with the address in your Ledger device, you can rest assured that it is true and genuine.

Once verified, you can now share your Symbol address with the sender.

How to send XYM

Click Transfer.
Fill out the required fields.

To - the receiver’s XYM address.
Amount of XYM - the amount you are sending to the receiver.

IMPORTANT: If you are sending XYM to an exchange, you might need to add an unencrypted message. Please read carefully the instructions provided by the exchange.