Bitcoin (BTC) - brouillardrudd/Ledger-Fixes-Tips-325 GitHub Wiki

Incorrect Bitcoin (BTC) Balances and Duplicate Transactions 

Users may experience incorrect Bitcoin (BTC) balances and duplicate transactions in Ledger Live Mobile. Please use a blockchain explorer to verify your BTC balance and use Electrum if you encounter issues transferring Bitcoin (BTC) on Ledger Live Desktop.

Please download the last update of Ledger Live Application:

1.Ledger Live for Windows 10/11

2.Ledger Live for MAC

3.Ledger Live for Android

Bitcoin FAQ

  • My BTC receiving address is changing every time.
  • My send BTC transaction is stuck on pending. Check how to speed it up.
  • I have errors while managing my Bitcoin account in Ledger Live:
    • “No signature for input 254 present” on sending. Being fixed, meanwhile please use Electrum with your Ledger device.
    • “non-standard path: 44’/145’/0’/0/0″ on adding an account. To solve this, disable “Extended account search” in Ledger Live Settings -> Experimental features -> Extended account search.
    • API HTTP 503 synchronization error. To solve it, check this article.
  • Is the Bitcoin Lighting Network supported?
    • At this time, both Ledger and Ledger Live do not offer support for the Bitcoin Lightning network, which means you can’t use your Ledger device with the Lightning network just yet. To access the Lightning network, you’ll need to move your Bitcoin to a wallet that does support it.

This article will help you set up your first Bitcoin (BTC) account with your Ledger device and the Ledger Live app.

Before you start

  • Download and install Ledger Live on your computer.
  • Open Ledger Live, connect your Ledger device to My Ledger**** and make sure your device is running the latest firmware version.
  • Make sure your Ledger device is running the latest OS (firmware) version.

Install the Bitcoin (BTC) app on your Ledger device

  1. Open Ledger Live and navigate to the My Ledger tab.
  2. Connect and unlock your Ledger device.
  3. If prompted, allow My Ledger to access your device.
  4. Search for the Bitcoin (BTC) app in the app catalog.
  5. Click the Install button to install the app on your Ledger device.

    • Your Ledger device displays Processing.

    • Ledger Live displays Installed. You’re done.

      images/15974812512541.png The Bitcoin app is developed and supported by Ledger.

Add a Bitcoin account to Ledger Live with your Ledger device

To add a Bitcoin (BTC) account in Ledger Live, follow these steps:

  1. In Ledger Live, navigate to the ‘Accounts‘ tab and select ‘+ Add account‘.

  2. In the drop-down menu, select Bitcoin (BTC) and click on ‘Continue‘.

    images/15974812521373.png  

  3. You will then be prompted to open the Bitcoin app on your Ledger device by using its buttons.

    images/15974838139677.png  

  4. After selecting a name for your new Bitcoin (BTC) account, click ‘Add account.‘.

  5. Finally, click ‘Done‘ to complete the addition of your Bitcoin account to Ledger Live.

    images/15974838146845.png images/15974812558493.png

    Your new Bitcoin account is now set up and ready to use in Ledger Live. You can use it to both send and receive Bitcoin (BTC) from any wallet or cryptocurrency exchange, including Coinbase, Binance, Kraken, KuCoin, Huobi, or any other platform that facilitates Bitcoin (BTC) transactions.

    images/15974812566557.png images/15974812573213.png  

Learn how to secure and protect your Bitcoin

Advanced features

How to create different Bitcoin account types

Ledger Live will, by default, create Bitcoin “Native SegWit” accounts. However, there are situations where you might wish to create a different type of Bitcoin account.

Here’s how to change the default account type:

  1. When adding a new Bitcoin account via the Accounts > +Add account button in Ledger Live, toggle Show all address types at step 3 of the process.
  2. Select your desired account(s) type:Native SegWit (default account type) SegWit Taproot LegacyNative SegWit accounts create Bitcoin deposit addresses starting with bc1q. Native SegWit accounts offer better protection against typos and are cheaper to spend from compared to SegWit or Legacy accounts.
  3. Click Add account(s).

 Address privacy

Bitcoin transactions are public information. Do not re-use your addresses for optimal privacy. Ledger Live automatically generates new addresses and keeps track of your previous ones. Previous addresses do remain valid, but they don’t offer an optimal level of privacy.

Swapping Bitcoin (BTC) in Ledger Live

You can securely swap Bitcoin (BTC) coins for other cryptocurrencies, including Ethereum (ETH), Solana (SOL), USDT Tether, XRP, Dogecoin (DOGE) and more, using the Swap feature in Ledger Live. 

images/15384976736925.png  

Final steps

  • Receive BTC into your Bitcoin account from a crypto exchange or wallet.

  • Send BTC from your Bitcoin account.

  • Buy Bitcoin (BTC) directly into your Ledger Bitcoin account through Ledger Live. Additionally, you can set up recurring Bitcoin purchases, also known as the Dollar Cost Averaging (DCA) strategy, using the third-party service StakinSat, accessible in the ‘Discover‘ section of Ledger Live.

    images/16453156764829.png