Ledger Live Desktop: MCQ Knowledge Guide
1. What is Ledger Live Desktop?
A mobile app for crypto trading
A desktop application to manage Ledger hardware wallets
A cloud-based crypto exchange
A crypto news portal
Answer: A desktop application to manage Ledger hardware wallets
2. Which operating systems support Ledger Live Desktop?
Windows, macOS, Linux
Only Windows
Only macOS
Android and iOS
Answer: Windows, macOS, Linux
3. What feature allows Ledger Live Desktop users to check crypto balances?
Ledger Connect
Portfolio management feature
Market Watch
Wallet Backup
Answer: Portfolio management feature
4. How can users update Ledger Live Desktop?
Automatically through the app
By downloading new versions from Ledger website
Both options
Updates are not required
Answer: Both options
5. Which of the following is a security feature of Ledger Live Desktop?
Two-factor authentication (2FA)
Seed phrase verification
Biometric login
Both A and B
Answer: Both A and B
6. Can Ledger Live Desktop perform cryptocurrency transactions?
Yes, it can send and receive crypto securely
No, only tracks balances
Only receives crypto
Only sends crypto
Answer: Yes, it can send and receive crypto securely
7. Which Ledger hardware wallets are compatible with Ledger Live Desktop?
Ledger Nano S
Ledger Nano X
Both Ledger Nano S and X
None
Answer: Both Ledger Nano S and X
8. What is the Ledger Live Desktop recovery feature?
Allows password reset
Restores wallet using a recovery phrase
Updates the app securely
Monitors market trends
Answer: Restores wallet using a recovery phrase
9. Is Ledger Live Desktop free to download?
Yes, completely free
Requires subscription
Only free trial for 30 days
Free only for mobile app
Answer: Yes, completely free
10. How does Ledger Live Desktop ensure transaction security?
Encrypts transactions and requires hardware confirmation
Uses cloud backup
Only uses passwords
Sends notifications to email
Answer: Encrypts transactions and requires hardware confirmation