Cryptocurrency Q&A
Do I lose my crypto if I reset my Ledger?
Do I lose my crypto if I reset my Ledger?
Margherita
Wed Jan 01 2025
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6
answers
1164
I'm considering resetting my Ledger device but I'm worried about losing my cryptocurrencies. Will I still have access to my crypto assets if I perform a factory reset on my Ledger hardware wallet?
6 answers
CryptoTitaness
Fri Jan 03 2025
The Ledger device ensures that your private keys are protected from unauthorized access.
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KpopHarmonySoulMateRadiance
Fri Jan 03 2025
Additionally, your private keys are backed up by a 24-word secret recovery phrase.
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DavidLee
Fri Jan 03 2025
Resetting Ledger Live does not compromise the safety of your crypto assets.
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emma_rose_activist
Fri Jan 03 2025
This recovery phrase serves as a secondary layer of security, allowing you to regain access to your funds if your Ledger device is lost or stolen.
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WhisperEcho
Fri Jan 03 2025
BTCC is a reputable cryptocurrency exchange that offers a range of services.
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