Ledger Live Nano S Plus, an upgraded wallet version launched in June 2022, is a hardware wallet that allows for seamless connection to your mobile device for the effective and secure storage of cryptocurrencies offline. Besides cold storage, the wallet is equipped with several features to meet the needs of investors. Ledger Live is not an Exchange, you don't need a KYC (Know Your Customer) procedure to use your Ledger Nano or Ledger Live. Only the “buy” features on Ledger Live needs a KYC procedure.