Ledger (Legacy)
Before integration, please read the documentation on the official website. If you have any questions, you can send a request to support.
What is Ledger Legacy?
A Ledger Legacy account refers to the original Bitcoin address format (P2PKH) generated in Ledger Live, with addresses beginning with “1.” This legacy format predates the newer SegWit (P2SH and Bech32) addresses and is widely supported across exchanges and wallets, making it useful for compatibility with older platforms.
Although Legacy addresses remain secure and functional, they are less efficient in terms of data size and transaction cost compared to SegWit or Native SegWit formats. Transactions from Legacy addresses generally incur higher network fees due to increased byte weight.
Ledger users can choose between Legacy, SegWit, Native SegWit, and Taproot accounts. Legacy accounts are based on BIP44 derivation paths and are useful when interacting with systems that require traditional P2PKH addresses
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From an accounting perspective, Cryptoworth fully supports Ledger Legacy address formats. All transactions—including those from Legacy wallets—are automatically tracked, categorized, and reconciled across over 190 blockchains. Cryptoworth enables cost basis tracking, fee calculations, and regulatory compliance regardless of which Ledger address type you use.
For organizations managing digital assets and requiring accounting transparency, Cryptoworth’s Crypto Accounting Software offers seamless integration with all address types, including Legacy accounts, to automate reporting and accelerate financial closes.
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