Litecoin is one of the leading cryptocurrencies on the market by capitalization, also representing one of the first cryptocurrencies in the world. Litecoin with an LTC ticker is the first hard fork of Bitcoin, which is why it is called the “little brother of Bitcoin” and “the silver of Bitcoin”. Litecoin creator and founder Charlie Lee, who is also a former Google employee, wanted to create an alternative crypto to Bitcoin that offered lower rates and shorter confirmation times for small payments and micro-payments. Litecoin he has never experienced the fame of BTC when it comes to the dollar weight, i.e. the market limit. However, LTC is one of the best and most commonly used crypto currencies in the market. If you are planning to buy, sell, hold and trade Litecoin, you will need to find a Litecoin wallet that suits your needs. Here are some of the best Litecoin wallets on the market.
Litecoin Electrum LTC wallet
Electrum LTC is one of the best Litecoin wallets, a fork from the Electrum wallet for Bitcoin. This desktop wallet is available for Mac, Windows and Linux. This wallet is considered a “hot wallet” as the application resides on your desktop or laptop computer, so it is not recommended to keep large amounts of LTC on it. Larger quantities are safer on hardware wallets like Ledger Nano X, Ledger Nano X, and Trezor. The Nano Ledger S hardware wallet can be integrated with the Electrum wallet application for added security and protection of your crypto funds. The application is fairly easy to set up and can be used right after the initial installation.
Ledger Nano S
The Ledger wallet series, which includes Ledger Nano S and Ledger Nano X, is one of the safest ways to hold your cryptocurrency and get the most security a wallet could provide you as an encrypted user. The device is comfortable to use and is more secure than other types of wallets, as it generates your private keys and stores them offline, so you can’t get hacked and your crypto funds stolen. Ledger Nano S may be the most popular wallet among hardware wallets and other crypto wallets, while it costs $ 95. You can also store Bitcoin, Ethereum, Monero, and Ripple’s XRP in addition to Litecoin, which makes this wallet particularly neat for holders of a diversified crypto wallet.
While not specifically a Litecoin wallet, the Exodus wallet is one of the most popular wallets for LTC storage. The wallet also supports other major crypto currencies, so it is perfect for traders and holders of diversified portfolios. Exodus wallet is a tabletop crypto wallet and is available on Mac, Windows and Linux, with additional features that make it a convenient application for storing and managing LTC and other supported cryptographs.