The Uphold Litecoin wallet is not only a convenient and safe way to store your LTC, but also allows you to seamlessly trade between cryptocurrencies, local currencies, and metals. The Uphold wallet is available on iOS, Android, and web.
Wallets allow security by using encryption. Therefore you can view transactions and your account balance, but are required a password before spending Litecoins. Litecoin wallets are available on numerous platforms including web based. One can make a distinction between types of wallets. Hot wallets (software) are connected to the internet and/or use servers of third parties. Although one has full control over the wallet, these wallets are not recommended for storing large amounts of Litecoins. Cold wallets are a better option because the private keys are stored externally on paper. Still when creating these wallets there is a (very) small likelihood that the private key is shared to the outer-world. Hardware wallets are the solution for store large amounts of Litecoins and other cryptocurrencies like Bitcoin or Ethereum. Note: Some wallets are specifically for Bitcoin. However the questions addressed are valid for Litecoin. Litecoin Core is maintained by the Litecoin Core development team. This wallet is full node and serves the Litecoin p2p network. Litecoin Core when once installed, synchronizes with the network and joins it to relay transactions. Electrum-LTC is available for Windows, Mac OS X and Linux. It is a simple but powerful Litecoin wallet. Compared to Litecoin Core the wallet requires no lengthy blockchain downloads and no syncing to the p2p network. A twelve-word security passphrase or seed is your backup. LoafWallet is the first standalone Litecoin wallet built for iOS. LoafWallet makes a direct connection to the network. Free to download in the Apple App Store. Jaxx IO offers a multi-wallet and supports many of the leading cryptocurrency platforms including Litecoin. The integration of ShapeShift is providing the exchange service for converting between bContinue reading >>
Best Litecoin Wallets Hardware and Software Jordan Tuwiner Last updated July 13, 2017 This post will run through the best Litecoin wallets. We hope to give you enough options so you can choose the best wallet based on your needs. Hardware wallets are the best choice if you need secure storage for your litecoins. If you are an investor, a hardware wallet will probably be the easiest way to secure your litecoins. The Ledger Nano S is probably the most popular crypto hardware wallet at the time of writing. It costs about $70 and is sold by Ledger, a Bitcoin security company based in France. The Nano S supports Litecoin, Bitcoin, Ethereum and many other coins. The device creates your private keys in its secure chip and stores your keys offline away from the internet. The Nano S has a screen so it helps you verify and confirm all outgoing transactions, which provides additional security. TREZOR is very similar to the Nano S, but is sold by Satoshi Labs. TREZOR was actually the first hardware wallet to have a screen, which provides extra security. TREZOR will cost you $99 and ships from Europe. For desktop, there are two solid choices for Litecoin wallets. Electrum LTC is a fork of the Bitcoin wallet Electrum. It is available for Mac, Windows, and Linux. Electrum LTC is a blazing fast wallet that works instantly after installation. Since its used on your computer, consider it a hot wallet and dont store large amounts of bitcoins with it. If you want to use Electrum LTC for large amounts, buy a hardware wallet as mention above like the Ledger Nano S or TREZOR and use that in pair with Electrum LTC. Litecoin Core is the main full node implementation of Litecoin. It is the most private wallet and fully verifies all Litecoin transaction data, meaning you dont have to trust anyonContinue reading >>
Hi Im new to Litecoin. Can you tell me if a Litecoin core wallet is secure? I really am new to this whole world. Should i keep and trust my coins in this wallet or do something else? Litecoin Core is the reference client. This means that any and all tech running on the Litecoin Network is built upon Litecoin Core - and thus it is pretty secure. However, if you are a new users I would suggest using a lightweight wallets such as Electrum-LTC or Exodus.io . If youre on mobile, a popular lightweight wallet is: LoafWallet. These clients dont need to sync for hours, and you can retrieve all of your coins from a twelve word recovery phrase. Lightweight wallets are just as secure as Litecoin Core, if not better. For example: to steal coins from LoafWallet iOS you would have to break iOS security. The exploits needed to do this would likely cost hundreds of millions if you sold it to a Government. I dont think its worth the crime for the potentially slightly large amounts of LTC store on LoafWallet. Thank you losh11 thats very helpful. Its a brave new world in this crypto currency world. its very secure if you use the included encryption and set a passphrase is a good secure style passphraseusing multi-signature gives you up to 15 layers of encryption that needs manual signing to spend a key if you want to go that far with the securityContinue reading >>
Coins supported: BTC, ETH, LTC, DASH, DOGE, GNT Coins supported: BTC, ETH, ETC, LTC, DASH, DAO, REP, ZEC One of the most common and convenient ways to store your coins is through a mobile wallet that can live on your smartphone. Mobile wallets utilize the QR code function to createfast and user friendly transactions. There are many different wallets made specifically for single coin use, but there all also a number of wallets that can hold multiple types of coins to best suit your needs. Having your funds ready and available in your pocket or at your fingertips lead a lot of people to using mobile wallets fordaily use. BTC, ABN, ASIA, AUR, BATA, BLK, CCN, CDN, CLAM, CLUB, DASH, DGB, DGC, DOGE, EDR, EFL, EMC2, ETH, ETC, EXP, FTC, GCR, GRC, NLG, IXC, JBS, LTC, MONA, NMC, NVC, NEO, NOVA, NBT, NSR, OK, PKB, PEER, PSB, PIVX, POT, REDD, RICHX, RUBY, SDC, SMLY, SLR, STRAT, SYS, UNO, XVG, VERT, VPN, ZEC Another way to store your coins is through an online web wallet. Online web wallets are where you use a third party wallet to store all of your coins on the cloud. These wallets must be accessed with an internet connection. Some of the advanced security features enabled in online web wallets include things like multi sig wallets. BTC, LTC, ADC, ADCN, ADZ, BITB, BLK, BRK, BSD, CLOAK, CURE, DASH, DCR, DGC, DOGE, ETC, ETH, EXP, FTC, GAME, GCR, GLD, GRC, INSANE, LEO, LSK, MAID, MAX, MUE, NAV, NBT, NMC, NVC, NXS, NXT, OMNI, PIVX, POT, PPC, PSB, RBY, SBD, START, STEEM, SYS, TOR, UNIT, USDT, VRC, VTC, WDC, XBC, XMR, XMY, XPM< XSPEC, XZC, ZEC, LTCT Coins supported: BTC, ETH, ETC, LTC, DASH, DAO, REP, ZEC You can now also hold your coins on an actual physical device that connects to your computer and allows you to store you funds on the go. These wallets are great for storage, sending a Continue reading >>
Diversify your digital assets: Brickblock is the most transparent and secure way to invest with cryptocurrencies. How to sign a transaction using the Bitcoin/Litecoin Corewallet If you contributed Bitcoin or Litecoin to our ICO, you will need to send us three pieces of information to claim your Brickblock Tokens (BBK). The Bitcoin or Litecoin address you used to contribute from The Ethereum address where you would like to receive your BBK A cryptographic signature proving you, as the owner of the Ethereum address, also own the Bitcoin or Litecoin address from which you contributed. This article provides step-by-step instructions for how to generate a signature using the Bitcoin/Litecoin Core wallet. For instructions on the other two requirements, please click here . Ill be signing a message proving I own the address 1EHos4MGuYafa9L1brSTmz2De1LzXKyff1. Substitute that for the address you used to contribute to the Brickblock ICO. Open the Bitcoin Core wallet, find File in the menu, and then Sign message Enter the Bitcoin address you sent from during the ICO, and your Ethereum pay-out address (the address where you will receive your Brickblock Tokens) Done! Now just copy this signature and send it to us via the token claim page (coming soon).Continue reading >>
Last updated on September 10th, 2017 at 10:36 pm Your Litecoin wallet will be perhaps the most important tool you have for securing and protecting your Litecoins and other digital currencies, so make sure you take some time to familiarize yourself with them! Like Bitcoins, Litecoins can be stored in a digital wallet. This wallet will track the total value of your Litecoins and allow you to conduct various transactions. It might be easier to think of your ewallet as a sort of email system, except instead of sending and receiving messages, you can send and receive Litecoins and money. You can also track your history of exchanges and monitor your financial transactions. Webwallets You store your Litecoins on someone elses sever. Desktop / mobile wallets You store your Litecoins on your device (e.g. your laptop). Each type of wallet has its pros and cons. Webwallets are risker since someone can hack the companies servers and steal your coins, but on the other hand you can use them from anywhere in the world. Offline wallets are considered safer since someone will need physical access to your computer to steal them, but you will also be able to send Litecoins only from that specific device. Some wallets are completely free, while other wallets charge fees for various transactions. Make sure you read any fine print when choosing a wallet and pay close attention to any fees, as they can add up very quickly. There are several Litecoin wallets currently available, so we will go over some of the most popular options. Unlike Bitcoin there arent many options for Litecoin wallets, so I tried choosing the top 3 for you to cosider. Hardware wallets These wallets are a small piece of hardware that connects to your computer via a USB portal. They allow you to send and receive BitcoinsContinue reading >>
I have hopped on the LTC bandwagon today by buying some LTC via AnyCoinDirect. While I'm waiting for the SEPA payment to go through, I'm playing around with the official wallet. 1) I have encrypted my wallet. Without encrypting it, would the .dat file be usable by anyone, who could get this file? Basically, by getting the .dat, they could steal the LTC's?2) I have exported the .dat file by backing it up. How do I import the file again?3) When sending LTC's, do I tick the 'subtract' fee from amount' option? What if I wouldn't when sending to Coinbase, for example?4) Anything else I need to know about the wallet?Continue reading >>
Top 9 Best Litecoin Wallets for Security and Easy Access Felix Kster December 13, 2017 10734 no comments Litecoin is the worlds first altcoin which was created in 2011 by Charlie Lee , and like Bitcoin , it is also an open-sourced P2P digital currency. But unlike the turbulent surges in other crypto-coins, Litecoin has remained consistently in the list of top 5 cryptocurrencies in the world by market cap, and it has also proved to be a relatively safe bet in comparison its peers. Fun fact:In the last six months, Litecoin has grown more than 2000%, and is still increasing steadily. Litecoin is a decentralized currency used globally and permits the users all over the world to make payments in an instant and immediate manner. It is operated on the technology of block chains and does not have any centralized authorities. Litecoin has an enhanced efficiency and provides security. It offers complete financial control to the users and allows quick transactions. These are the reasons why Litecoin has become more precious in recent days. Many investors are now looking for ways to securely store their Litecoins, so we thought of coming up with a list of reliable and safe Litecoin wallets. Your Litecoin wallet will be perhaps the most important tool you have for securing and protecting your Litecoins. Thats why its very important to make sure you take some time to familiarize yourself with them! A Litecoin wallet is a software program or an application that allows you to send, receive store your Litecoins (LTC) safely. There are different types of wallets available on the market. Some wallets focus on security while some are easy to use but compromise security. Some wallets allow you to check your transaction history instantly. On the other hand, some wallets need to be connectedContinue reading >>
In this guide, we will show you how to setup Litecoin Core Desktop Wallet. Litecoin supports the following platforms: Windows, MAC OS X, Linux, Android, iOS, and Blackberry. Lets begin by heading totheir official website Click the one that matches your operating system. If you have a 32-bit version of Windows, make sure you download that wallet. If you have a 64-bit version of Windows make sure you download that one. Once its downloaded, install it and run it. If windows firewall asks for permission,click > Allow access as its very important for the Litecoin connections. You will notice that the wallet will not function until its fully synchronized. Please wait a bit, it might take a while until its fully finished. After syncing,we need to Encrypt our wallet. To do that click > Settings then choose Encrypt wallet. Make sure you type a very strong password that will include, numbers, symbols, characters, uppercase and make sure its a very long password. Another notification window will pop up informing us that if we lose our passphrase we will lose all of our Litecoins. Please make sure you keep your passphrase somewhere safe. Another notification window will pop up. Once you have read it, Click > OK. Litecoin wallet will automatically shut down. Make sure you open it again. To backupthe wallet, click on File > Backup Wallet Make sure you save the file somewhere SAFE, I would recommend saving it on a USB. Each time you update your balance, dont forget to backup your wallet! Pay to: type the address of the person that you want to send coins to. Label: optional, but you can name it, to keep things organized. For example, if you want to send coins to your father, you will add label Father and it will be automatically saved in your address book as Father, and every time heContinue reading >>
All You Need to Know About Litecoin Wallets We might all be familiar with the hierarchy of precious metals; gold is the most superior, followed by silver, then bronze. More and more people are embracing cryptocurrencies by looking for investment opportunities in different types of cryptocurrencies; right from the superior ones to the fair ones, as well as the inferior ones. If Bitcoin is regarded as gold in the world of cryptocurrencies, then Litecoin can be likened to silver. Since its inception in 2011 by Charlie Lee (an ex-Google Employee), the Litecoin has tremendously grown in adoption. The peer-to-peer cryptocurrency was created to be the silver of Bitcoin. Litecoin is based on the same parameters as Bitcoin. The fast speed at which the Litecoin (2.5 Minutes) is processed per transaction is what sets it apart from Bitcoins (10 Minutes). Litecoin is stored in digital wallets. Just like we use different types of wallets to store our notes and coins in real life; there are different kinds of wallets used to store Litecoin. I want you to think of your Litecoin Wallet as your PayPal or Payoneer Account. With your PayPal or Payoneer Account, you can store, send or receive money to and from different people you transact business with respectively. If a wallet is where you store and manage your cash, then your Litecoin Wallet is basically where you store and manage your Litecoins, which is a peer-to-peer (where no middleman is involved in a transaction) cryptocurrency. There are several types of Litecoin Wallets which include; Desktop Litecoin Wallets, Website Litecoin Wallets, Hardware Litecoin Wallets, Paper Litecoin Wallets, and Exchange Litecoin Wallets. These Wallets are installed on desktop computers. They are available in two types which are Full Node Desktop WallContinue reading >>
Please Help with Litecoin passphrase issue In September I finally got in to crypto and (stupidly) invested most of my money into litecoin and a little in bitcoin. I moved my coins to the litecoin qt wallet and for the passphrase I typed it into a word doc (saved on a cold USB) and copied it when entering the passphrase. I did this to avoid mistyping the passphrase given its 10 words long. Last week I decided to get a ledger nano to move my litecoin as I heard this is what I should do as I had 25 litecoin. however when I copy and paste the passphrase into litecoin qt to move the coins to my ledger it says incorrect passphrase. Ive tried everything from different passphrases to using caps on certain words but nothings helpjng. Im really panicking now, are my litecoins lost forever? Would appreciate any help, 75% of my money is in these 25 litecoin and I dont know what to do anymore? How many words are there in this passphrase? 12 or 24? Did the edited date match the creation of litecoin wallet? Ill need to check, when you say edited date are you referring to the word document? Also, thanks for your help really appreciate it. The typical seed phrase is 12 words. I dont really know much about Litecoin core client, but 12 word seed is pretty much standart across all wallets. Yes. I refer to the word document. Check it once again to see when it was last edited. I wish I could hug you. Please keep us updated on this. Ill be sending you prayers! Also By any chance, do you still have a wallet file? The one that was generated by the LTC client? Something like wallet.dat Dont cut and paste from a word processor, you may have invisible characters in the document. In some language, you can also have different ASCII codes. I have found that you may have some characters in the MS WorContinue reading >>
Litecoin Cryptocurrency: A Complete Guide for Absolute Beginners By: Sudhir Khatwani In: Cryptocurrency Last Updated: The rush to collect cryptocurrencies continues well into 2017. If you are new to the crypto space, you might have heard of only Bitcoin . <br /> Can't load widget<br /> But there are hundreds of altcoins(or alternative cryptocurrencies) other than Bitcoin. Each altcoin comes up with its own unique technology and vision to change the world. One such cryptocurrency goes by the name of Litecoin. Fun fact: Litecoin prices surged more than 1000% in last one year. Litecoin is the worlds first altcoin. Like Bitcoin, Litecoin also exists on the internet as digital money. No one can feel, touch, or mint it. But there are still fundamental differences between both currencies. What Is Litecoin Cryptocurrency Used For? Litecoin is a cryptocurrency like Bitcoin, but it is based on an entirely different protocol. It was conceived to act like pure digital money. Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin is also open source, decentralized, and backed by cryptographic math to secure transactions. Litecoin was not made to compete against Bitcoin, but instead to act as a complimentary payment solution alternative. Think of Litecoin as the silver to Bitcoins gold. Litecoin was created on 7th Oct 2011 by Charlie Lee, an ex-Google employee. Litecoin was designed to complement Bitcoin by solving problems like concentrated mining pools and transaction timings. Charlie is very active on Twitter , and you can read his blog here . Litecoin came from Bitcoins core code with some modifications. Charlie Lee modified the code and protocol in the way he considered best in ordeContinue reading >>
Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their own finances. Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin. IRC FreeNode network channels #litecoin (for general users) and #litecoin-dev (for developers). Find general information as well as a list of services and exchanges that support Litecoin at the Litecoin Wiki . Up-to-date network statistics can be found at Litecoin Block Explorer Charts . Source code for Litecoin Core and related projects are available on GitHub . Litecoin is an open source software project released under the MIT/X11 license which gives you the power to run, modify, and copy the software and to distribute, at your option, modified copies of the software. The software is released in a transparent process that allows for independent verification of binaries and their corresponding source code. The Litecoin blockchain is capable of handling higher transaction volume than its counterpart - Bitcoin. Due to more frequent block generation, the network supports more transactions without a need to modify the software in the future. As a result, merchants get faster confirmation times, while still having ability to wait for more confirmations when selling bigger ticket items. Wallet encryption allows you to secure your wallet, so that you can view transactions and your account balance, but are required tContinue reading >>
When I first got into cryptocurrency, I lost a few hundred dollars worth of coins because I didnt understand what wallets or addresses were. I do not want this to happen to you, so lets take a moment to understand what Litecoin wallets are. If a wallet is where you keep your cash, then a Litecoin (LTC) wallet is where you keep and manage your Litecoins. To better understand this, I want you to think of your Litecoin wallet like you would your email account. With an email account, you can do various things with it like receive and send emails. A Litecoin(LTC) wallet is similar in that you can receive and send Litecoins through it as well. Your Litecoin wallet does 5 things specifically: It creates public keys derived from the private keys. It generates addresses from these public keys. It sends LTC by approving transactions. This happens by verifying transactions with a special signature created from your private key. It shares, or broadcasts, this information with the LTC blockchain network. If a Litecoin wallet is like a gmail account, then the LTC address is like an email address. Just like how you send you emails to other peoples email addresses, you send LTC to their LTC address. There are currently 2 types of Litecoin Addresses: These are segwit addresses which allow you to send LTC with lower fees. Some exchanges havent supported M-addresses yet. Therefore if you cant send to an M-address from an exchange, simply choose a legacy address. One more thing to note is that Litecoin and Bitcoin used to share the same 3-addresses for segwit. This caused confusion so LTC switched to M-addresses. Do not sent Litecoins to addresses that start with a 3. Above is a screen shot under the Send tab of an Electrum-LTC wallet. The Pay to section is where you enter the correct LTCContinue reading >>
A web wallet to replace the Qt Litecoin / Bitcoin core wallet, written with Aurelia If nothing happens, download GitHub Desktop and try again. If nothing happens, download GitHub Desktop and try again. If nothing happens, download Xcode and try again. If nothing happens, download the GitHub extension for Visual Studio and try again. Right now this project is a proof of concept to show off how the tech stack can look. This is not intended to be a final production ready product, just act as a proof of concept and spur discussion. The /client directory is home to an Aurelia CLI generated webpack / typescript application. A proxy adapter for the wallet to use to interact with the running node. $ cd proxy-adapter$ npm install$ npm start To actually have a node to run the wallet against you need to pull down the core litecoin project.This is not included in this repository and instructions for running a node on testnet can be found in that project MAKE SURE YOU ARE RUNNING THE NODE AGAINST TESTNET To run on testnet only add this to the litecoin.conf -Continue reading >>
Litecoin (LTC) is one of the most popular cryptocurrencies in the market and it has been thought as a digital asset for processing payments in a fast and cheap way. Being one of the oldest digital currencies in the market, users have the possibility to choose among a wide variety of Litecoin wallets.
After purchasing Litecoin in a cryptocurrency exchange, the best thing to do is storing it in a cryptocurrency wallet. These wallets would allow you to safely hold your digital assets and use them at any moment.
Ledger Nano S is one of the most popular hardware wallets in the market. The hardware wallet is certainly the best to protect users’ funds. Why? Because it stores the private keys in an almost unbreakable environment that protects users’ against hacks and third-party attacks.
Holding funds in exchanges has been one of the worst decisions ever taken by crypto investors. Even the most popular and secure exchanges were hacked, with just a few exceptions. This is why it is very important to hold the funds in separated wallets.
The Ledger Nano S allows users to send, receive and hold virtual currencies through a hardware device that can be stored at home or in any desired place. Even if the device is destroyed or if it gets lost, users’ funds will be safely protected.
The wallet has a built-in screen, a secure lockable chip and backup recovery phrase that would help users recover their funds in case the wallet is lost. It is possible to store, not only Litecoin but also many other digital currencies in the market. This is good for investors that have a larger number of virtual currencies on their portfolios and want to handle all of them from the same place.
As mentioned before, to acquire this hardware wallet it is necessary to pay for it a small sum of money, close to $60.
Atomic Wallet is one of the most popular desktop wallets in the market. Litecoin investors can easily store and manage their LTC coins through this desktop wallet that is built with security, anonymity and decentralization in mind.
Users can hold their private keys that are held on the computer. It is also possible to make swaps between currencies, which allows investors to avoid using exchanges. Some of the virtual currencies supported by this wallet include Bitcoin (BTC), Litecoin, Ethereum (ETH), Monero (XMR) and many others.
The main feature of this wallet is that it offers the possibility to process atomic swaps. It is not necessary for individuals to depend on a centralized crypto exchange anymore to exchange Litecoin for other digital assets.
It is possible to download Atomic Wallet for free. However, some services are paid, including the possibility to purchase digital assets directly from the wallet. They have high commissions for investors that want to buy these digital assets directly through the wallet.
If you hold Litecoin here, you need to be sure that your desktop computer is protected against viruses and that nobody has access to the private keys stored more than yourself.
Guarda wallet is one of the most advanced and innovative mobile and desktop Litecoin wallets. This wallet allows you to hold different virtual currencies in just one place. This provides you with better control of your funds and Litecoin support. The wallet is available in different languages for users from all over the world, including English, French, Spanish, Polish, German and Italian, among others.
Using this non-custodial and multiplatform wallet you can send, buy, exchange and receive digital currencies in just one place. Users can download this digital currency wallet for iOS devices or through Google Play. At the same time, you will be able to store Litecoin not only on your mobile phone but also on your computer, if you have a Mac OS device.
This is not only a Litecoin wallet, as they offer support for many other cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), XRP, or Binance Coin (BNB), among others. Guarda has also collaborated with different crypto-related foundations including Ethereum Classic (ETC), Zcash (ZEC), Binance, and Bitcoin Gold (BTG).
All these projects consider that the wallet provides users with a valuable tool to store digital currencies and help users have a more user-friendly experience.
This is another option for users that want to use a hardware Litecoin wallet. Trezor is one of the main competitors of Ledger Nano S and it was developed by Satoshi Labs, a company located in the Czech Republic. This hardware wallet supports a wide variety of digital currencies, including Litecoin.
By holding the private keys offline, users can be sure that their funds are protected against attacks and other third-party hacks. Using the Trezor Bridge, the wallet gets connected to the selected browser for users to receive or send funds.
This is one of the most secure wallets to store digital currencies in the market alongside Ledger Nano S. It is worth pointing out that it is simple to use to users that have basic knowledge about digital currencies. The wallet has a price of around €99.
Litecoin users can also download one of the most simple wallets to use in the market, Trust Wallet. It is possible to deposit, send and hold LTC and other digital currencies with Trust Wallet in just simple steps.
Trust wallet has also decided to embrace Segregated Witness (SegWit) in order to help individuals in the crypto market have the latest technological innovations in the space. The wallet is very simple to use for newcomers and it will provide flexibility and all the necessary services to users that want to hold Litecoin in a cryptocurrency wallet.
The main difference with hardware wallets is that it may not be as secure as Ledger Nano S or Trezor. Nonetheless, it is much more secure to hold funds in an online Litecoin wallet such as Trust Wallet than on an exchange that can be hacked at any moment.
Exodus is also another recognized cryptocurrency wallet that would allow Litecoin holders to store, send, and receive LTC coins in a fast and easy way. Exodus is a crypto wallet launched in 2016 that helps users deal with a large number of virtual currencies.
Using the desktop Litecoin wallet would allow investors to hold LTC cryptocurrency and other digital assets in the same place. In this way, it would not be necessary for the investor to use different wallets according to the crypto it wants to hold.
The wallet has a very easy to use user interface which is perfect for new users and it will help advanced users to feel comfortable while holding their LTC coins.
Now that you know how Litecoin wallets work and you have a choice, you should cosider to if you want to buy Litecoin cryptocurrency for your portfolio.
If you are interested in investing in Litecoin, you can read our Litecoin price prediction article and learn more about this cryptocurrency in our Litecoin guide.
Security is the highest priority when dealing with cryptocurrency. It is not only about buying or mining a certain coin. You will need to pick up the best wallet to keep your coins safely. Note that highly safe Litecoin wallets are paid. So, choose wisely when you pick up between security and price, because saving a dollar can sometimes cost you fortune.