Tezos wallet

The best cryptocurrency wallet for your Tezos

Secure your Tezos assets with the most trusted cryptocurrency wallet. Cold storage wallets are encrypted devices that store your Tezos assets offline, providing a layer of security against the evolving threats emerging from being connected to the internet.
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How to use Tezos with Ledger

What is Tezos?

Tezos is a blockchain platform created by a former Morgan Stanley analyst, Arthur Breitman. It is a smart contract platform that does not involve mining. Tezos promotes self-amendment and on-chain governance, and is similar to Ethereum. The community can vote to improve the platform, and token holders can delegate their voting rights to others. The platform uses a generic network shell that allows for different transaction and consensus protocols. The code is written in OCaml, a fast and functional programming language. Tezos uses a proof-of-stake consensus algorithm called "liquid proof-of-stake," which aims to balance security and decentralization. The process of staking in Tezos is called "baking." Bakers who make deposits will be rewarded for signing and publishing blocks, but may forfeit their deposits if they engage in bad behavior. The annualized yield for stakers is approximately 5.8% as of May 2021. The Tezos foundation raised $232 million in an initial coin offering in 2017, and the mainnet was successfully launched in 2018 after a delay due to corporate governance disputes. The founders have warned that the network is using new technology, so unexpected issues may still occur.

What is a Tezos wallet?

To store and manage Tezos, you need a compatible crypto wallet. Whether you’re looking to keep your tokens safe and HODL or manage them on a daily basis, Ledger has the right product for you.

Ledger hardware wallet

Ledger hardware wallet stores your private keys and signs transactions offline, making them resistant to malicious attacks and threats.

Ledger Live App

Ledger Live App is a gateway to managing your assets, staking and earning passive income, checking your real-time balance, tracking transaction histories, and more.

How to get a Tezos crypto wallet?

01

Get a Ledger Nano

Select and purchase a Ledger wallet of your choice. Beginner in the crypto world? Get started with Nano S Plus. Prefer a Bluetooth connection? Try with Nano X.

Get Ledger Nano

Compare Ledger hardware wallet

02

Download and install what could be the best apps to buy crypto: Ledger Live

Download and install Ledger Live in a couple of clicks. Ledger Live is a crypto wallet app for desktop & mobile that enables you to set up a Ledger device and manage your assets.

Download Ledger Live

03

Add Tezos to your portfolio

Install Tezos on your Ledger Nano:

  1. Open Ledger Live and navigate to Manager.
  2. Connect and unlock your Ledger device.
  3. Search for Tezos in the app catalog and click Install.

04

Create a Tezos account in Ledger Live:

  1. Open Ledger Live and head to Accounts.
  2. Click Add account.
  3. From the drop-down menu select Tezos.

You’re all set!

Buy, Manage, and Stake Tezos at your fingertips

Ledger Live is your one-stop platform for smooth and complete asset management. With just a few clicks, you can buy, send/receive and stake Tezos to generate passive income.

*Buy, send/receive, swap, stake, and other crypto transaction services are provided by third-parties partners.

Buy Tezos

You can purchase Tezos through our partners with a credit card or bank transfer. Tezos will be automatically sent to your Ledger device.

  • Head over to Buy/Sell.
  • In the dropdown menu, select Tezos and click Continue.
  • Choose one of the three payment providers—Coinify, MoonPay or Ramp—and follow the instructions.

Buy Tezos

Stake Tezos

Stake Tezos directly through Ledger Live while keeping the tokens secure in your Ledger Nano.

Stake Tezos

1

The best way to keep your Tezos coins secure

Secure multiple assets, including Tezos using a Ledger hardware wallet. Your private keys, giving access to your assets, remain safe in a certified secure chip.

Ledger Nano S

NEW

LEDGER NANO S PLUS

Protect your Tezos assets with the first and only independently-certified Tezos wallet on the market.

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Ledger Nano X

BEST SELLER

LEDGER NANO X

The Ledger Nano X is a Bluetooth enabled secure and CES award winning device that protect your Tezos assets.

Discover our Nano X

Choice of 5,000,000+ customers

Bertil A.

5/5

In order to secure cryptocurrencies, Ledger is the perfect tool.

Kevin L.

5/5

Simply a very elegant peace of hardware, with a gorgeous UI in the app.

James P.

5/5

ALL is good, all legal resources bought was as specified and compliant, party on.

Read more reviews

Frequently Asked Questions

Tezos occupies a unique place among cryptocurrency networks primarily drawing from its on-chain governance model and PoS consensus. In particular, Tezos is part of a new generation of PoS blockchain networks seeking to improve upon Bitcoin’s proof-of-work (PoW) with faster finality consensus, a more scalable design from launch, and less energy expenditure.

Tezos is a smarts contracts platform like Ethereum, but is based on the programming language Michelson and deploys some slight optimizations to the smart contract archetype of Ethereum — such as with formal verification for enhanced contract security. Officially live since September 2018, Tezos has been gathering community support and development contributions in large part due to its offerings of bug bounties, staking incentives, and partnerships designed to bring more community members into the fold.

Compared to other blockchain networks, Tezos distinguishes itself from other networks in mainly two ways:

  1. Staking Mechanism (Called ‘Baking’)
  2. On-Chain Community Governance

Baking is the process of staking funds in the Tezos network to validate blocks and receive the corresponding block reward. Additionally, bakers (i.e., stakers) play a prominent role in the network’s governance with voting power correlating to their overall stake of the native Tezos token, XTZ, locked in the network.

Token holders are not forced to stake their XTZ, however. Token holders can voluntarily participate in staking by delegating them to other bakers to stake on their behalf.

Similarly, XTZ holders can also delegate their tokens for the process of voting in governance proposals. The on-chain governance structure of Tezos is such that voting on proposals is related to the size of a user’s network holdings in XTZ. Proposals can be issued by developers and other network participants with invoices attached to them for funding of development.

The initial voting system is pre-defined, but what is unique about Tezos is that the voting mechanism can actually be changed by governance proposals, just like many other aspects of the network. Stakeholder votes can trigger protocol changes, and even core tenets of the network can be altered, albeit with much more difficulty. The concept is to foster a community environment that is capable of rapidly evolving the network to meet dynamic requirements.

When you first buy crypto, you’re issued with two keys: public and private.

  • A public key serves as an address that can be shared with other parties to perform transactions.
  • A private key represents a randomly generated number that signs transactions and protects your assets from malicious attacks. If it gets compromised or lost, you won’t be able to access your hardware wallet to spend, withdraw, or transfer your coins.

To safeguard and keep track of your keys, you can use online or offline wallets. Online wallets, also known as hot wallets, store private keys on systems or devices that are connected to the internet. Hot wallets are easy and convenient to use, however, they come with several drawbacks. Besides being susceptible to attacks and a honeypot for hackers, with hot wallets, the custody of private keys is often entrusted to a third party such as a crypto exchange, which means you never have full control over your funds. The safer choice are specialized hardware wallets that store private keys offline. Stealing private keys from a hardware wallet would require physical access to the wallet and corresponding PIN or the recovery phrase. What’s more, with hardware wallet, you don’t need to rely on third party custodians.

Ledger Nano is the industry-leading hardware wallet. With more than five million customers, Ledger Nano wallets have several layers of security that protect private keys, and hence your assets:

  • Your private keys are stored on secure element chips.
  • A PIN code and a 24-word recovery phrase are required to access the wallet.
  • Ledger Nano wallets have been built using highly durable materials for protection against physical damage.

With full isolation between private keys and your computer/mobile, Ledger Nano cold wallets keep your keys secure and give you complete control over your coins.

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