Generally speaking, TON support for Ledger hardware wallets was introduced in December 2023. Thus, users could generate pairs of private and public keys using the device and then conduct transactions in this cryptocurrency.

However, this required using third-party wallets, connecting Ledger devices to them. For example, in spring we tested such a connection in conjunction with MyTonWallet, and the interaction was quite pleasant.

Pavel Durov, co-founder of Telegram

However, now it is possible to conduct transactions with TON directly inside the Ledger Live app. Ledger representatives announced this yesterday.

Advantages of storing cryptocurrencies on Ledger wallet

We have been using Ledger hardware wallets for several years and choose them as our primary tool for long-term storage of digital assets.

During this time we have managed to get acquainted not only with the basic models such as Ledger Nano S, Ledger Nano S Plus and Ledger Nano X, but also with the new Ledger Flex, which was released at the end of July.

What are the pros of Ledger hardware wallets? Here are the most important ones.

1. The devices of the French manufacturer use Secure Element chips, which can also be found in bank cards and passports. This element is needed for sensitive operations with private keys like signing transactions. And its CC EAL6+ certification level in the case of Ledger Flex is the highest among commercial devices, which confirms the reliability of the solution;
2. Hardware wallet screens are connected directly to the Secure Element chip, which is isolated from the internet. This means that hackers cannot remotely affect the contents of the device’s display. That is, the latter will show the real transaction data even if the smartphone or the computer being used is hacked;
3. Carrying out each transaction requires a physical tap on the device. In the case of the Nano line, confirmation is done by simultaneously clicking on two control buttons, whereas in Ledger Stax and Ledger Flex, the transaction requires holding your finger on the touch screen;
4. Ledger devices allow working with many cryptocurrencies, even if they are not supported in the Ledger Live app. Still, third-party developers can develop software for hardware wallets. Of course, then they are checked by Ledger representatives, but in general it still speeds up the development of the ecosystem;
5. Hardware wallets are characterised by many important security features. For example, the numbers on the password entry screen in Ledger Flex and Ledger Stax are displayed in random order by default, so that no one can see the password scheme and guess it from behind. Well, the passphrase or the so-called 25 word cid phrase gives you the ability to create a whole new set of wallets that no one will know about. In theory, this will keep most of the capital intact if someone threatens the coin holder in real life.

That is, in general, hardware wallets offer a much safer way to store coins in an environment isolated from the internet. In addition, they are easy to set up and use – including for beginners.

How to create a TON account in Ledger Live application

Now let’s get practical. To store TON cryptocurrency on your Ledger device, you now need to follow three steps:

1. Connect the Ledger hardware wallet to your computer or smartphone and unlock it;
2. Install the TON app;
3. Generate a key pair, i.e. create an address for its further replenishment and use.

Let’s deal with the procedure step by step. First, we connect the wallet and enter its PIN code.

Then we launch the Ledger Live application and make sure that it does not offer to update the device or the programme itself. This means that the device is running on the most up-to-date firmware version.

Ledger Live app interface


How to set up a cryptocurrency wallet in Telegram: detailed step-by-step instructions
.

Then we open the “My Ledger” tab. To do this, you need to approve the connection on the device itself.

My Ledger” tab in the Ledger Live app

Find the TON app and install it.

TON app in the Ledger Live app

Now go to “Accounts” in the tab on the left. Select “Add Account” in the upper right corner.

The “Accounts” tab in the Ledger Live app

Enter TON and continue.

Selecting the TON cryptocurrency when adding an account in Ledger Live

Then wait for the accounts to synchronise and create a new wallet if necessary.

Creating a TON account in the Ledger Live app

This is the end of the process, i.e. now we have an address where we can send TONs from the exchange for long-term storage.


Ledger representatives also announced native support for the NOT token from the Notcoin project. This means that for transactions with other HMSTR-type cryptoassets it is necessary to use third-party wallets like MyTonWallet. They will not be displayed in Ledger Live, although you can still send them to your new address.


How to get TON cryptocurrency to Ledger wallet

And now let’s test the withdrawal of cryptocurrency to the created address. To do this, open the created TON account in the “Accounts” tab.

Created TON account in the Ledger Live app

It will be empty, so the Ledger Live app will offer to buy cryptocurrency or receive an incoming transaction. We choose the second option and confirm the address with the hardware wallet.

The button to receive crypto assets for the TON account in Ledger Live


This is necessary to protect yourself from the presence of a virus on your computer or smartphone that spoofs transaction data. The purpose of such software is to convince the user that they are transferring to the right address, but the coins are actually going to scammers.

As we have already learnt, it is impossible to spoof data on the hardware wallet screen. So if the details of the address or transaction on the computer and Ledger device match, everything is fine.
.

Confirm the address is correct and copy it.

Confirming a TON account to receive a transfer in Ledger Live

Go to the exchange – in this case Binance. Open the TON withdrawal menu and specify the address. You don’t need to enter the memo here, as we control the address used.

Withdrawing TON cryptocurrency from the Binance exchange to an address in Ledger Live

The exchange has taken up the withdrawal of TON and confirmed it. The withdrawal fee on Binance is 0.02 TON.

Confirmation of TON cryptocurrency withdrawal from Binance to Ledger Live address

After a few minutes, the transaction is carried out and the TON balance in Ledger Live grows.

Updated TON balance in Ledger Live wallet

In the future, you can make TON withdrawals for accumulation without confirmation on the hardware wallet, i.e. take the same address from the history of transfers. Although for safety it is still desirable to verify the address on the device.

Conclusion. How easy is it to store TON cryptocurrency?

The native support of the TON ecosystem in Ledger Live is good news for fans of this cryptocurrency. However, now you can accumulate it using the safest way of storing digital assets – via hardware wallets.

Ledger Flex hardware cryptocurrency wallet

They are isolated from the internet and in addition require confirmation of each outgoing transaction. Therefore, with proper storage of 24-word cid phrases, this option will allow you to collect coins and not worry about their safety in the long run.