Ledger Live Passphrase Setup and Security Best Practices Guide Enable a passphrase in Ledger Live to add an extra layer of security to your crypto assets. This feature creates a hidden wallet, accessible only with your recovery phrase plus the custom passphrase you set. Without both, funds remain protected even if someone gains access to your 24-word seed. Connect your Ledger device, open Ledger Live, and navigate to Settings > Security > Passphrase. Choose between attaching the passphrase to a temporary session or a new PIN–select the latter for persistent protection. Your device will prompt you to enter and confirm the passphrase before activating it. Keep your passphrase separate from your recovery phrase. Write it down on paper or store [...]