Ledger Hardware Wallet
Master your Ledger Hardware Wallet knowledge with these interactive MCQs covering setup, security, and usage tips.
1. What is a Ledger Hardware Wallet primarily used for?
- a) Browsing the internet
- b) Securely storing cryptocurrencies
- c) Mining Bitcoin
- d) Running decentralized apps
Answer: b) Securely storing cryptocurrencies
2. Which Ledger models are widely used?
- a) Ledger Nano S and Ledger Nano X
- b) Ledger Micro A
- c) Ledger Mini Pro
- d) Ledger Wallet Prime
Answer: a) Ledger Nano S and Ledger Nano X
3. What is the Ledger recovery phrase?
- a) Your device password
- b) A 24-word backup phrase to recover wallet
- c) The PIN of your bank account
- d) A software update code
Answer: b) A 24-word backup phrase to recover wallet
4. How do you connect a Ledger wallet to your computer?
- a) Via Bluetooth or USB cable
- b) Through Wi-Fi
- c) Using an SD card
- d) By email authentication
Answer: a) Via Bluetooth or USB cable
5. Which software do you need to manage your Ledger wallet?
- a) Ledger Live
- b) MetaMask
- c) Coinbase App
- d) Bitcoin Core
Answer: a) Ledger Live
6. Can Ledger hardware wallets be hacked easily?
- a) Yes, easily via USB
- b) Only if your recovery phrase is exposed
- c) Yes, through Wi-Fi
- d) No, they are completely unhackable
Answer: b) Only if your recovery phrase is exposed
7. What should you do if your Ledger device is lost?
- a) Nothing, cryptocurrencies are lost
- b) Use your recovery phrase to restore on a new device
- c) Call Ledger support to recover funds
- d) Request a refund
Answer: b) Use your recovery phrase to restore on a new device
8. How often should you update Ledger firmware?
- a) Never
- b) Only when prompted by Ledger Live
- c) Monthly manually
- d) Yearly
Answer: b) Only when prompted by Ledger Live
9. Which feature protects your Ledger wallet if it is stolen?
- a) PIN code
- b) Biometric authentication
- c) Cloud backup
- d) Blockchain encryption
Answer: a) PIN code
10. What is the maximum number of apps Ledger Nano S can hold?
- a) Unlimited
- b) Around 3–20 depending on app size
- c) Only 1
- d) 50 apps exactly
Answer: b) Around 3–20 depending on app size
11. Can Ledger wallets support multiple cryptocurrencies?
- a) No, only Bitcoin
- b) Yes, hundreds of coins and tokens
- c) Only Ethereum and Bitcoin
- d) Only stablecoins
Answer: b) Yes, hundreds of coins and tokens
12. How do you reset a Ledger device?
- a) Press the reset button on the back
- b) Enter wrong PIN 3 times
- c) Delete Ledger Live
- d) Email Ledger support
Answer: b) Enter wrong PIN 3 times
13. Which type of wallet is Ledger considered?
- a) Hot wallet
- b) Cold hardware wallet
- c) Web wallet
- d) Mobile wallet
Answer: b) Cold hardware wallet
14. Is Ledger compatible with mobile devices?
- a) No
- b) Yes, via Ledger Live app and Bluetooth (Nano X)
- c) Only via USB OTG
- d) Only on iOS
Answer: b) Yes, via Ledger Live app and Bluetooth (Nano X)
15. What is the first step when initializing a Ledger wallet?
- a) Create a PIN code
- b) Connect to internet
- c) Install all apps
- d) Update firmware
Answer: a) Create a PIN code
16. How do you ensure your recovery phrase remains secure?
- a) Take a photo and store on phone
- b) Write it down on paper and store offline
- c) Send it via email to yourself
- d) Memorize partially
Answer: b) Write it down on paper and store offline
17. Can Ledger wallets be used for staking?
- a) Yes, through Ledger Live supported coins
- b) No, staking is only on exchanges
- c) Only via MetaMask
- d) Only on Bitcoin
Answer: a) Yes, through Ledger Live supported coins
18. What should you do before selling or giving away your Ledger device?
- a) Reset device and remove all data
- b) Leave it as it is
- c) Update firmware
- d) Connect to another Ledger device
Answer: a) Reset device and remove all data
19. Which Ledger model supports Bluetooth?
- a) Ledger Nano S
- b) Ledger Nano X
- c) Both S and X
- d) None
Answer: b) Ledger Nano X
20. How does Ledger protect private keys?
- a) Keys are stored in a secure element chip offline
- b) Keys are stored in the cloud
- c) Keys are stored on your computer
- d) Keys are stored on exchange servers
Answer: a) Keys are stored in a secure element chip offline
