Ledger.Com/Start - A breakdown of the specifications and capabilities of each Ledger hardware wallet model including storage, battery life, and supported assets. Ledger.Com/Start: Comparing Ledger Wallet Models and Their Capabilities It's more than likely genuine. The third action has to do with establishing a Ledger Live password.Download Ledger live and start now. There are two ways you can setup your Ledger Nano S. Restore a wallet by inserting a backup phrase that you already have. Creating a new wallet, with a new back up phrase (mnemonic).