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Information on Litecoin
Currently ranked 7th on CoinMarketCap, Litecoin has always been one of the best performing cryptocurrencies. Created in 2011 by one of the most important figures of the crypto community, Charlie Lee, Litecoin is the first altcoin in the world, an encrypted alternative to the powerful Bitcoin.
Litecoin is a decentralized P2P cryptocurrency platform that allows you to make quick payments at no cost to anyone coming from any area of the world. Considering the development and increase of Litecoin over the years, as well as its mission, it might be worth investing in it for the future times when cryptocurrencies will most likely have a much larger part of the stage. That said, a wallet is the most important tool you need to have to protect and protect your Litecoin.
When choosing a Litecoin portfolio there are a couple of questions to answer as the wallet provider known through the crypto community (reputation is important), offers good compatibility with platforms, allows you to have complete control over your private keys, provides a backup and restore functionality and focuses on security over fancy features? If the answer to all these questions is YES, then the said portfolio is worthy of consideration.
To help you, we have created a list of the best Litecoin wallets currently available on the market.
Litecoin Core
Litecoin Core is the official desktop portfolio for Litecoin that supports Windows, MacOS, Linux and Android. One of the most important aspects of this portfolio is the fact that it contains all the protocols and rules necessary to access Litecoin's blockchain. It features advanced security features, great stability and a user-friendly interface. It's also open-source, free and automatically encrypts files for you.
Litcoin Core can be downloaded from the dedicated section on the official website of the project.
Electrum-LTC
Electrum Litecoin is a powerful Litecoin desktop portfolio that runs on the Lightweight Litecoin Client platform. It is available for Windows, MacOS and Linux and allows users to ensure the security of their private keys by storing and encrypting them on the hard drive. The software portfolio also offers integration with various hardware portfolios, making it a good option for those who constantly negotiate Litecoin but do not want to give up the advanced security provided by a hardware portfolio.
electrum-ltc.org
Liteaddress
If you are looking for a card wallet, then Liteaddress is probably your best bet. The main advantages of this type of portfolio are that it is cheap and can not be hacked (however, being a card wallet, it means that it can easily be lost or lost). It is the cheapest and safest alternative to hardware portfolios. All you need to do to get started is visit the liteaddress.org website and create a couple of private and public keys. The keys must be kept on a sheet and stored in a secure and offline environment.
Ledger Nano S
When it comes to protecting portfolios, they do not go much better than hardware portfolios. Ledger Nano S is one of the most popular hardware portfolios that allow you to keep your private keys extremely secure.
Currently, Ledger Nano S is supplied with the support of over 712 cryptographic coins and tokens, making it an excellent choice for users wishing to store Litecoin and other types of cryptography. It's easy to set up and can even be used without a computer or laptop nearby like its small OLED screen, and two buttons are sufficient to help you confirm transactions. It is built around a secure chip and boasts support for security features such as the 24-digit boot key and pin code.
99Bitcoins
Trezor
Developed by a well-known company that bears the name of SatoshiLabs, Trezor is one of Ledger Nano's major competitors. It is the oldest "player" in the sector of crypto hardware wallets and boasts one of the best reputations. Just like its main competitor, it also has support for over 700 cryptocurrencies, an intuitive user interface and various advanced security features such as firmware verification, ultrasound seal, protected key options and support additional passphrase.
Trezor also has a very compact design, which makes it a very practical kit. It has a small OLED screen and two buttons, and can be easily operated even by the most inexperienced users. Trezor is a great choice for those looking to buy Litecoin and for multi-currency lovers.
trezor.io
Exodus
Exodus is a multi-currency desktop portfolio that has made itself a name. Exodus is not only one of the most elegant and premium-class desktops, but also supports a wide range of cryptocurrencies (over 100), including Litecoin, and for the most popular desktop platforms such as Windows, MacOS and Linux.
One of the main advantages of Exodus is the fact that it boasts the integration of ShapeShift, making it very convenient for passionate traders.
www.exodus.io
Jaxx
Jaxx is one of the most versatile portfolios out there. It is a well-known multi-currency portfolio that can be installed on desktop and mobile devices. It supports a wide range of cryptocurrencies, including Litecoin, and is a great option for users looking to trade on a daily or on a travel basis.
Since it is equipped with ShapeShift integration, it is also very convenient for users who want to quickly exchange cryptocurrencies. It has one of the best user interfaces and allows you to control your private keys by importing and exporting them when required. Jaxx is available for iOS, Android, Windows, MacOs, Linux and is also available as an extension for Chrome and Firefox.
We hope this article has been helpful! Continue to trade securely!
