— If your Ledger device is lost or stolen, it might feel nerve-wracking, but knowing what to do, and what’s at stake if you do, will give you peace of mind.

— Nobody except you can access that device: even if it falls into the wrong hands! This is all thanks to Ledger’s security model.

— You can still restore, access, and control your accounts as long as you’ve stored your secret recovery phrase securely!

If you have just lost your Ledger signer, you might be worried your crypto is lost with it. But let us put you at ease: your crypto is not stored on or in your Ledger signer. 

Your signer simply stores the private keys that let you control the funds stored with the associated addresses on the blockchain. That means your crypto still exists safely on the blockchain! Losing access to your signer doesn’t change that. However, if you want to regain access to your accounts you will need your Secret Recovery Phrase (seed phrase). Your secret recovery phrase lets you recover your accounts using any wallet, any device and any provider. It’s like the master key to your accounts. That’s why protecting it is extremely important