Buying Guide

Second-hand Ledger Risks — How to Avoid the Worst Pitfalls

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Overview: What are the headline risks of a second-hand Ledger, and how do you sidestep the worst traps?

Key takeaway: Always buy from Ledger's official store or an authorised reseller, inspect the tamper-evident seals and serial number on arrival, and treat any request for your recovery phrase or PIN as a scam.

Action / decision points:

  1. Avoid second-hand units — they carry a high risk of tampering.
  2. If you already own one, inspect seals, tamper stickers and the serial number.
  3. Force a factory reset and initialise with a brand-new recovery phrase.
  4. Verify the device and firmware version in Ledger Live.
  5. At the first sign of anything unusual, return the unit and move zero assets to it.

Safety reminder: Never share your recovery phrase or PIN with anyone. Low prices and unknown channels are high-risk; verify authorisation and seals, and if you have any doubts, cancel the order or return the device immediately.