Organizing Multiple Cryptocurrencies in Ledger Live: A Complete Guide - olmobourque/Ledger-Device-tips-2000 GitHub Wiki

As your crypto portfolio grows, keeping track of multiple assets can become challenging. Ledger Live allows you to securely store, organize, and manage dozens of cryptocurrencies while maintaining full control of your private keys.

This guide will show you how to efficiently organize multiple cryptocurrencies in Ledger Live, including labeling accounts, hiding unused wallets, and optimizing your dashboard for better visibility.

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

Why Organize Your Cryptocurrencies in Ledger Live?

✔ Avoid confusion when managing multiple assets. ✔ Track performance of individual holdings more effectively. ✔ Improve security by isolating high-risk vs. long-term wallets. ✔ Prepare for taxes with clearly labeled transactions.

Step 1: Add and Label Your Accounts

Adding a New Cryptocurrency Account

  1. Open Ledger Live and connect your device.
  2. Click “Add Account” and select the cryptocurrency.
  3. Confirm the derivation path on your Ledger device.
  4. Assign a clear label (e.g., “BTC Savings” or “ETH Staking”).

💡 Best Practice: Use consistent naming (e.g., “SOL Trading” or “ADA DeFi”) for easy identification.

Step 2: Group and Categorize Accounts

Method 1: Use Descriptive Labels

  • Trading – For active buying/selling.
  • Savings – Long-term holdings.
  • Staking – Assets earning passive income.
  • DeFi – Funds used in decentralized apps.

Method 2: Hide Unused Accounts

  • Go to Accounts > Click the eye icon 👁️ next to an account.
  • Hidden accounts remain accessible but won’t clutter your dashboard.

Method 3: Use Multiple Ledger Devices (Advanced)

  • Dedicate one device to cold storage and another for daily transactions.
  • Manage both in Ledger Live by switching devices.

Step 3: Customize Your Portfolio View

Filter by Asset Type

  • Click “Portfolio” and scroll to “Assets” to see:
    • % Allocation of each cryptocurrency.
    • 24h/7d performance.

Sort Accounts by Value or Name

  • Click the “Value” or “Account” header to rearrange.

Pin Frequently Used Accounts

  • Currently not a native feature, but hiding unused accounts achieves a similar effect.

Step 4: Monitor and Rebalance

Track Performance Over Time

  • Use the Portfolio Graph (1D/1M/1Y) to assess growth.
  • Export transaction history (Settings > Accounts > Export) for tax purposes.

Rebalance Your Holdings

  • If one asset dominates, consider diversifying by exchanging or reallocating.

Best Practices for Managing Multiple Cryptocurrencies

🔹 Regularly review accounts – Merge or hide unused ones. 🔹 Use separate accounts for different purposes (e.g., one for staking, one for trading). 🔹 Bookmark important addresses to avoid copy-paste mistakes. 🔹 Enable auto-sync (Settings > Accounts) for real-time balance updates.

Frequently Asked Questions (FAQ)

Q: How Many Cryptocurrencies Can I Manage in Ledger Live?

A: Hundreds! Ledger supports 5,500+ coins & tokens, but performance may slow with 100+ accounts.

Q: Can I Reorder Accounts Manually?

A: Not directly, but hiding accounts helps prioritize visibility.

Q: Does Ledger Live Support NFTs?

A: Yes! Add NFT accounts under Ethereum, Polygon, and other supported chains.

Final Thoughts

Organizing multiple cryptocurrencies in Ledger Live ensures better control, security, and efficiency in managing your portfolio. By labeling accounts, hiding unused wallets, and monitoring allocations, you can optimize your crypto strategy seamlessly.

How do you organize your Ledger Live accounts? Share your tips below!

Need Help?

Stay organized, stay secure! 🗂️🔐