Service overview
Electrum
electrum.org
Long-established open-source Bitcoin wallet with Lightning support
Non-custodialNo registration
Privacy 8.6/10
Safety 8.5/10
Read the evidence
Ledger Wallet (formerly Ledger Live) review
Open-source companion app for Ledger hardware wallets, renamed from Ledger Live
Privacy score
8.2/ 10
StrongHow much you reveal
See the score breakdown Safety score
6.9/ 10
FairHow well you’re protected
See the score breakdown Identity policy
0/ 4 KYC level
ID never required Read the policy Evidence
Documentation reviewed Grades based on published terms and documentation.
0 published tests Two grades. Different questions.Understand the methodology
The overview
The essentials, at a glance.
Ledger Wallet (formerly Ledger Live) is a wallet. Its terms put it at KYC level 0 of 4: ID never required. NoKYC Score grades it 8.2/10 for privacy (strong) and 6.9/10 for safety (fair). In its favour: no account needed, no email needed and no phone number. No incidents are on record.
What stands out
- Never holds your funds
The operator never controls user funds, so it cannot freeze them.
- Open source
The code that matters is public and can be inspected.
- No account needed
Usable without creating an account, or the account is only a random number.
Before you use it
No warning flags found in the recorded terms. This is not a guarantee of safety.
0 incidents on recordNo test transactions published yet.
About Ledger Wallet (formerly Ledger Live)
Ledger Wallet, formerly Ledger Live, is the desktop and mobile companion app for Ledger hardware wallets, published by Ledger SAS of Paris. Private keys stay on the Ledger device and the app needs no account or email; its terms say Ledger does not store or have access to the user's crypto assets or private keys. Buying, selling, swapping and staking are offered through third-party providers, and the terms (last updated 4 November 2025) warn that these providers may apply KYC or know-your-transaction procedures that can delay transactions or, in limited cases, freeze funds. An optional transaction check sends unsigned transactions to third-party simulation providers. The app's monorepo is public on GitHub under the MIT licence.
Cite this review or read as plain text
NoKYC Score, "Ledger Wallet (formerly Ledger Live) review", reviewed 23 Oct 2026, https://nokycscore.com/service/ledger-wallet
Open plain-text review ↗The feature review
Privacy, without the guesswork.
7 / 13 features confirmed0 warnings in the recorded terms
Identity
4 / 4 confirmed
- ID never requiredYes
The terms rule identity checks out, or the design makes them impossible.
- No account neededYes
Usable without creating an account, or the account is only a random number.
- No email neededYes
An email address is not required to sign up or use it.
- No phone numberYes
A phone number is never required.
Payment
0 / 2 confirmed
- Accepts MoneroNot stated
Monero hides sender, receiver and amount, so the payment cannot be traced to you.
- Accepts LightningNot stated
Bitcoin Lightning payments: fast, cheap and more private than on-chain.
Access
0 / 2 confirmed
- Tor onion addressNot stated
An official .onion address, reachable only through Tor.
- Works without JavaScriptNot stated
Core functions work with scripts disabled, as in Tor Browser on its safest setting.
Trust
3 / 5 confirmed
- Never holds your fundsYes
The operator never controls user funds, so it cannot freeze them.
- Open sourceYes
The code that matters is public and can be inspected.
- Independent auditNot stated
A third party audited the code or the no-logs claim, and the report is public.
- Company namedYes
The operating company and its jurisdiction are published.
- 5+ years operatingNot stated
Has operated continuously for five years or more.
Warnings
0 flagged
- May ask for IDNot in terms
The terms reserve the right to demand identity documents, often after a risk flag.
- Screens depositsNot in terms
Deposits are scored by blockchain analytics; a flag can freeze them.
- Holds your fundsNot in terms
The operator controls user funds while they are on the platform.
- Email requiredNot in terms
An email address is required to use the service.
- Phone number requiredNot in terms
A phone number is required to use the service.
- Closed sourceNot in terms
The code is not public, so its behaviour cannot be checked.
- Nobody accountableNot in terms
No company or person is publicly responsible for the service.
“Not stated” means the service’s own pages do not say. Expand a group to see every check.
Identity requirements
Does Ledger Wallet (formerly Ledger Live) require KYC?
Level 0 of 4
ID never required
- 0 Never
- 1 Not mentioned
- 2 Rare
- 3 On risk flag
- 4 Mandatory
No. Ledger Wallet (formerly Ledger Live)'s terms rule out identity checks, or its design makes them impossible. Checked against its own terms.
- No account needed
- No email
- No phone number
- No ID documents
KYC level 0: ID never required. The terms rule out identity checks, or the design makes them impossible.
No account and no identity requirement for the app; terms 5.2.8 say 'Third Party Services may apply a KYT ... or KYC ... procedure which can result in delays to your transaction and/or the freezing of your funds in limited cases.'
Transparent by design
Every point, explained.
Both grades start at 50 points and move by fixed, published amounts. Nothing is adjusted by hand. The total is divided by ten.
Privacy
8.2/ 10
- Starting points 50
- KYC level 0: ID never required +20
- No registration +6
- No email needed +3
- No phone needed +1
- Open source +2
- Non-custodial +3
- Third-party liquidity -3
- Total, clamped to 0–100 82
Safety
6.9/ 10
- Starting points 50
- Open source +8
- Non-custodial +12
- Third-party liquidity -6
- Legal entity disclosed +5
- Total, clamped to 0–100 69
Evidence, not promises
Test ledger 0
Published test transactions, with the route, amount and outcome available to inspect.
No test transactions published yet
The grades above rest on Ledger Wallet (formerly Ledger Live)’s terms and documentation. Tests will appear here with the date, route, amount band and result as they are run.
The track record
Incidents 0
No incidents on record
We have no documented cases for Ledger Wallet (formerly Ledger Live). An empty record does not guarantee a service is risk-free.
Community experience
What users are saying 0
Reviews never change a grade. Reviews with a transaction reference are marked.
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Alternatives to Ledger Wallet (formerly Ledger Live)
All alternatives → Service overview
Phoenix
phoenix.acinq.co
Self-custodial mobile Lightning wallet from ACINQ with automatic channels and swaps
Non-custodialNo registration
Privacy 8.6/10
Safety 8.5/10
Read the evidence
Service overview
Wasabi Wallet
wasabiwallet.io
Open-source desktop Bitcoin wallet that routes all traffic through Tor
Non-custodialNo registration
Privacy 8.9/10
Safety 8.0/10
Read the evidence
Service overview
ZEUS
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Open-source self-custodial Bitcoin and Lightning wallet and remote node manager
Non-custodialNo registration
Privacy 8.6/10
Safety 8.0/10
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Ledger Wallet (formerly Ledger Live) vs ElectrumLedger Wallet (formerly Ledger Live) vs PhoenixLedger Wallet (formerly Ledger Live) vs Wasabi WalletLedger Wallet (formerly Ledger Live) vs ZEUS
Ledger Wallet (formerly Ledger Live): common questions
Does Ledger Wallet (formerly Ledger Live) require KYC?
Ledger Wallet (formerly Ledger Live) is rated KYC level 0 of 4 on this site: ID never required. No account and no identity requirement for the app; terms 5.2.8 say 'Third Party Services may apply a KYT ... or KYC ... procedure which can result in delays to your transaction and/or the freezing of your funds in limited cases.'
Is Ledger Wallet (formerly Ledger Live) safe to use?
Ledger Wallet (formerly Ledger Live) has a Safety grade of 6.9 out of 10 and a Privacy grade of 8.2 out of 10. No incidents are on record. Evidence level: documentation reviewed.
Is Ledger Wallet (formerly Ledger Live) legit?
Ledger Wallet (formerly Ledger Live) is a working wallet. It publishes the company that runs it, in France. Being real is not the same as being safe: its Safety grade here is 6.9 out of 10, built from custody, liquidity, track record and incidents.
Is Ledger Wallet (formerly Ledger Live) a scam?
NoKYC Score does not label services as scams; it records documented incidents with their sources and outcomes. No incidents are on record for Ledger Wallet (formerly Ledger Live).
Do I need an account or email to use Ledger Wallet (formerly Ledger Live)?
No account needed.
Does Ledger Wallet (formerly Ledger Live) have a Tor onion address?
No official onion address was found on Ledger Wallet (formerly Ledger Live)'s own pages.
Which cryptocurrencies does Ledger Wallet (formerly Ledger Live) support?
Ledger Wallet (formerly Ledger Live) supports BTC, ETH, SOL, XRP, USDT, USDC.
Can I use Ledger Wallet (formerly Ledger Live) over Tor?
Ledger Wallet (formerly Ledger Live) does not publish an official onion address.
Listing history
- Listing added. Facts and KYC level set from the service's own terms and documentation.