This post is about 12 Best Litecoin Wallets .
we already covered post on how to buy litecoins in india?. any one can use this methods to buy litecoins.
Today we all know that the market for digital currency is increasing day by day. The price of trading in this digital platforms is reaching a high level with the day.
Also,Read: How To Buy Ethereum ?
If you know something about cryptocurrency than surely you also know about Bitcoins. It is the most famous and the most popular, high in price crypto. Everyone wants to invest in Bitcoins. But as the price is so high and everyone cannot spend 4 to 5 lakh to buy it.
So as there are many coins, altcoins in the market which are also growing faster with the Bitcoins. So users are looking for the several options to invest in cryptocurrency.
In our previous post, we told you everything about the first altcoins that is Litecoin. So today we will see some of the Best Litecoin Wallets to store it safely and securely.
What is Litecoin?
Litecoin is a platform where we don’t need a central network. Here every computer works as a server for each other. This makes the Litecoin transaction process faster and cheaper than the Bitcoins.
What is Best Litecoin Wallets ?
A wallet is software program or an application where you can store your cryptocurrency. It can be offline, online, web-based. If you are trading in Litecoins, you should have a Litecoin wallet. Here you can store your Litoshis safely. It will also help you to make your transactions and trading fast and safe.
Here we will talk about different types of Best Litecoin Wallets like desktop, mobile, web, paper-based and hardware wallets. Choosing Best Litecoin Wallets is important part of investment in cryptocurrency.
So lets see 12 Best Litecoin Wallets :
Ledger Nano S
It is the most popular hardware wallet available in the market. It supports Litecoins. If you want to store your mass Litecoins then this wallet is the best option for you.
It is an offline wallet. It is the most used offline wallet to store the cryptos. This is way more secure than the other wallets. Ledger is also very cheap and easy to carry hardware offline wallet compared to others.Here you will have the private keys in terms of security.
You will have the command on your private keys. You will get it with an inbuilt small LED screen and a backup seed key with a pin code feature. we also covered post on which cryptocurrency supported by ledger nano s. this is number 1 in Best Litecoin Wallets list because it gives best security and easy access as compare to others.
It is an online platform for trading in cryptocurrency. It also supports Litecoins. Here you will get a safe storage of digital assets in offline mode to secure your Litecoin.
You can use it for both IOS as well as Android. With the additional feature of multi-signature wallets, you can control your private keys like Ledger Nano S.
It is the official wallet of Litecoin. You will get it on the Litecoin official website.
Being an official website of Litecoins it shows more confidence in terms of security to store your Litecoins.
It is a desktop wallet. It is free to use. If you start using it your desktop will become your LTC wallet. Your private keys are also stored on your desktop only. You can download it for Mac, Windows, and Linux. This wallet is also a peer to peer-based connection for downloading the blockchain.
This is a core wallet. It will sync your whole previous blockchain. So it will take time up to 4 to 5 days which is a lot for me.
This is also a hardware wallet. Trezor is a first HD wallet born in a Czech Republic-based company known as Sathoshi labs. It is also the first Hardware wallet came into existence.
It is just same as Ledger Nano S, but Trezor is the little bit more expensive then the Ledger Nano S. the cost is around 99$. Trezor is available in three colors white, grey and black.
Being the old one Trezor wallet maintained a high reputation in the crypto trading market wallets.
Trezor comes with a small OLED screen with randomly generated 9 digit code and a 24-word recovery seed. It will help you to store your Litecoin safely on an offline platform. Trezor is light in weight. You can carry it with yourself anywhere.
Exodus wallet (Desktop wallet)
Exodus is also a most popular free wallet desktop. Most users want to try it. Exodus is a multi-currency desktop wallet. It supports 8 cryptocurrencies. It is absolutely free and easy to use. You can use the Exodus wallet on your computer only. You can download it for Mac, Windows, Linux. It is not available for IOS and Android.
Check post on exodus wallet review.
In exodus wallet, you can easily calculate your savings with the inbuilt pie chart portfolio. The user interference is also very impressive. It is the first multi-asset desktop wallet with built-in Shapeshift. These unique features make it very attractive and user-friendly.
Jaxx is also a multicurrency wallet. You can use it for mobile as well as for the desktop. It is available on both the platform. Jaxx is an HD wallet supporting 13 cryptocurrencies. It comes with a 12-word backup seed key.
It is also having the shapeshift built in like the Exodus wallet. Using this feature you can exchange any of your cryptos with any other crypto. Jaxx also has an active user interface. Here you can also control your private seed keys. Which is very important.
Block.io wallet is an online wallet. It supports multi-currency. You can trade you Bitcoin, Dogecoin, Litecoin at one place. The transaction process is very fast. You have to sign for all your transaction. No one can use it for you.
Litevault is an online web wallet. The functions take place inside your wallet. Litevault is also a secure wallet. It gives you the advantage to trade in your Litecoin anywhere with your web browser.
For your, security Litevault does not have access to your coins. Your wallet is encrypted with their servers and accessed in your browser.
Load wallet is a first mobile wallet available only for IOS. It is not available for Android also. The founder of this wallet is Charlie Lee, the founder of Litecoin. Loafwallet is a simple to use iPhone app allows you to send or receive Litecoins.
It connects directly to Litecoins server for the safety of your Litecoins. It is open source HD wallet. Loafwallet comes with a 12-word backup seed key for the recovery of your coins.
The inbuilt features allow you to purchase Litecoin from Coinbase and store it in Loafwallet. It is a free IOS wallet.
Cryptonator is a multi-currency wallet. It is free. It has a unique feature of instant exchange. Users can manage their different types of cryptos in one account. Here you can store your coins safely. You can easily receive your coins. Also, you can quickly send your coins. Cryptonator online Litecoin wallet offers the free Litecoins for their users and available support is 24/7.
Initially, it was used only for storing Bitcoins. Now it is updated for Litecoins also. Seed passphrase is an additional advantage for securing your Litecoins.
It is also a desktop wallet. wallet is very light in weight compared to the Litecoin core. electrum also a bit faster than Litecoin core. It does not sync with your whole previous blockchain.
So you have to take a backup of this wallet in case of restoration. You can use it for Mac, Windows, Linux. Here you will get 12-word seed key for keeping your coins safe.
If you want to use a paper wallet than Liteaddress is the best option for you. If the amount is of your Litecoin is big and you want to store it for a long time then you must go for a paper wallet.
Also read: List of cryptocurrency to invest in 2018
The official site is liteaddress.org. you can go to this website and here you can create your pair of public and private keys for the safety of your Litecoins. It is very cheap as well as most secure alternative option for Hardware wallet.
your private and public seed key will be printed on a paper you have to write it down and keep it somewhere safe.
So these are my top 12 Best Litecoin Wallets where you can store your Litecoins safely according to your preferences. There are many options available for the users to store their Litecoin available in the market.
So you can choose a wallet with your smart choice which will be safe and secure in respect of your use. If you live in india then you can read your post how to buy litecoin in india?
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