How To Change Your Ledger Wallet's Recovery Phrase - CryptoSec (2024)

Quick reminder: It’s technically impossible to change a wallet’s recovery phrase or private keys. The only way to have a new set of recovery phrase is to generate a fresh new wallet, and moving your funds to that new wallet.

1. Method 1: using a software wallet
2. Method 2 (safer method): using 2 hardware wallets

Method 1: Using a software wallet

1. Download a decently reputable mobile wallet such as BlueWallet or Coinomi.
2. Generate a new wallet as you would do normally.
3. Send the cryptocurrencies from your Ledger wallet to the mobile wallet you newly created.
4. Once all your coins/tokens are now stored using the new mobile wallet, simply reset your Ledger wallet by entering the wrong pin code 3 times.
5. Once your Ledger wallet has been reset, generate another wallet using your Ledger by going through the same process you did when you generated your first Ledger wallet.
6. After generating your new Ledger wallet, send back the funds from your mobile wallet to your new Ledger wallet.

Some pointers:

• Depending on your phone’s security, this method could potentially be risky.
• You can also use your computer instead of using your mobile phone, but mobile phones are mostly more secure.

Method 2 (safer method): Using 2 hardware wallets

1. Generate a new wallet on your second hardware wallet.
2. Send the cryptocurrencies from your old Ledger wallet to your second hardware wallet.
3. After all your coins/tokens have been transferred, simply reset your Ledger wallet by entering the wrong pin code 3 times.
4. Once your Ledger wallet has been reset, generate another wallet using your Ledger by going through the same process you did when you generated your first Ledger wallet.
5. After generating your new Ledger wallet, send back the funds from your second hardware wallet to your new Ledger wallet.

Some pointers:

• You can use any hardware wallet, though we’d recommend using either a Trezor, a Ledger, or a Coldcard.