You must know that the most safe ltc wallet online is the one whose private key belongs to you. Lack of your private keys can lead to hacking or theft.
How to choose a Litecoin wallet?
- It must be protected.
- The wallet community must be active, and the company must be in good standing.
- It must support backup and restore.
- It should be easy to use and easy to navigate.
- It must be compatible with the user’s devices and operating systems.
- You must be the sole owner, i.e., only you can control the private key.
Top Litecoin wallets
- Atomic
One of the best and, most importantly, reliable wallets for storing Litecoin is the Atomic Wallet.
It was designed to harness the potential of atomic swaps and become part of a complete decentralized cryptocurrency ecosystem.
The “physical” wallet is a PC application that can be downloaded to your computer. All your private keys and other data will be stored on your computer in encrypted form.
- Matbea
It was developed in 2014 to combine two mechanisms at once on one site: a crypto exchanger and a crypto wallet.
Currently, the developers have implemented support for 4 digital currencies: Bitcoin, Litecoin, Dash, and Zcash. Cryptocurrency is mainly stored in “cold”, but the user has round-the-clock access to his assets.
- Freewallet
Freewallet is a multi-currency online wallet that supports multiple currencies such as Bitcoin, Ethereum, and over 30 crypto tokens, where it allows free transactions between Freewallet users.
You may actually purchase it with a cryptocurrency card. It is also downloadable from mobile devices such as iOS and Android.
It provides some of the best features like multi-signature transaction confirmation, two-factor authentication, and more.
- Ledger Nano S
It is a multifunctional device that looks like a foldable flash drive. The best part is that it can store Litecoin, Bitcoin, Ethereum, ERC tokens, and over 30 other digital currencies.
It works like a USB flash drive that, when connected to a computer, requires the physical push of a button to confirm transactions.
It’s safe; you can run multiple almost impossible apps to hack, and it is protected from malware.
- Trezor
Trezor is a standalone Litecoin hardware wallet that also acts as a USB flash drive, operating on the Zero Knowledge Proof cryptography principle, which minimizes tampering from third parties.
This is one of the best options for Litecoin. It is PIN protected and provides recovery seed phrases if it is stolen or lost.
- Litecoin Core
Litecoin Core is the official free Litecoin wallet for PC. So once you start using it on your computer, the pc itself will act as a wallet, and your private keys will be on it. It supports multiple operating systems, i.e., Windows, Mac, and Linux.
Synchronization carries about 4 days because Core wallets are synchronized with the whole blockchain as with a complete node. That is why the wallet needs time to sync and a lot of free storage space.