Simple Guide to the Best Litecoin Wallets in 2024
Litecoin is one of the more famous altcoins in the world and it continues to grow upwards. Thus, I have created this article in order to assist users like you to make the best choice for them when it comes to a wallet for Litecoin. There are many factors to consider when you are picking what is best for you so stick with me and continue reading. Next, I will cover the best wallets for LTC there are.
01.The Best Litecoin Wallets
In this sections I will be listing what I consider to be the best LTC wallets that are currently available. As you can see, each wallet is listed with its functions, features and characteristics so that you can use that information and decide on your pick. In case you would like to have more information about them, you can go ahead and check their reviews.
| Type | Name | Compatibility | Supported Coins | Features | Get Wallet |
|---|---|---|---|---|---|
| Desktop Wallets | Full Litecoin Core Client Review |
LTC Only |
– HD Wallet – SegWit Support – Block Production |
Download | |
| Full Exodus Review |
25 Coins 79 Tokens |
– Built-in Exchange – HD Wallet – SegWit Support |
Download | ||
| Hardware Wallets | Full Ledger Nano S Review |
80+ Coins 1100+ Tokens |
– HD Wallet – SegWit Support – Open source |
See Pricing | |
| Full Trezor One Review |
50+ Coins 1000+ Tokens |
– HD Wallet – Offline Storage – Third Party wallets and Service Integration |
See Pricing | ||
| Mobile Wallets | Full Loafwallet Review |
LTC Only |
– HD Wallet |
Download | |
| Full Edge Review |
20+ Coins 1000+ Tokens |
– Built-in Exchange – SegWit support – Node Selection |
Download | ||
| Web Wallets | Full Blockchain Review |
4 Coins 1 Token |
– Built-in Exchange – HD Wallet – Fiat Gateway |
Visit Website | |
| Full Guarda Review |
40+ Coins 1000+ Tokens |
– Built-in Exchange – Fiat Gateway – Built-in Asset Swap |
Visit Website |
Complete List of Litecoin Wallets
In case that you did not make your pick just from the list of the best wallets for Litecoin, I have made this full list of LTC wallets. Below you will find a table with absolutely every wallet that can support the LTC coin along with all of their features and characteristics. Most people refer to them as alt wallets and most of them also have multi-coin support. Just like in the previous section, their reviews are also available for you to read through and obtain more detailed information that may help you with your choice.
| Name | Type | Compatibility | Supported coins | Security | Key Features |
|---|---|---|---|---|---|
| Litecoin Core Client | Desktop |
LTC only |
Passphrase |
– HD Wallet – SegWit Support – Custom Fees |
|
| Loafwallet | Mobile |
LTC Only |
Pin, Fingerprint |
– HD Wallet |
|
| Abra | Mobile |
20+ Coins 6 Tokens |
Pin |
– Built-in Exchange – Fiat Gateway |
|
| Atomic | Desktop, Mobile |
30+ Coins 1000+ Tokens |
Passphrase |
– HD Wallet – Atomic Swap – Fiat Gateway |
|
| BitGo | Web |
10 Coins 180+ Tokens |
Passphrase, 2FA |
– HD Wallet – SegWit Support – Multisig |
|
| Blockchain | Web, Mobile |
4 Coins 1 Token |
Passphrase, Pin, Fingerprint |
– Built-in Exchange – Fiat Gateway |
|
| Circle Invest | Mobile, Web |
11 Coins 3 Tokens |
Pin, Fingerprint, 2FA |
– SegWit Support – Fiat Gateway – Instant Bank Deposits |
|
| Coinbase | Mobile, Web |
9 Coins 6 Tokens |
Pin, Passphrase, Fingerprint, 2FA |
– SegWit Support – Built-in Exchange – Fiat Gateway |
|
| Coinpayments | Mobile, Web |
80+ Coins 1000+ Tokens |
Passphrase, Pin, Fingerprint |
– Fiat Gateway – PayByName feature – QR Scanner |
|
| Coinspace | Web |
9 Coins 1000+ Tokens |
Passphrase, Pin |
– Built-in Exchange – Location Based Transactions |
As you can see, the list is quite long as Litecoin is a very popular altcoin in the crypto world. A very important tip I can give you for making your pick is to think about how you will be using the wallet. For example, if you are a person that is constantly on the move and needs to have immediate access to their wallet, you can either go for a mobile or hardware wallet. Let’s continue on with the common features that you can find among the LTC wallets.
02. Common Features of Litecoin Wallets
You may have noticed this already, but most of the wallets that support Litecoin also support many other cryptocurrencies which is considered as a plus as you can manage multiple types of currency from the same place. On the other hand, only one wallet from the list can operate as a full node, which will require a full blockchain history download in order to be operational, while the rest can be a light node and operate without the necessity of a full synchronization with the network.
When it comes to privacy and security, only roughly half of the wallets can give you complete access and control over your private key, while the others don’t give you access to your private keys.
Security and Privacy
Two-Factor Authentication
Almost all wallets have this function. It is an additional layer of security where for every action, you will need to input a second authentication in. Good examples are Ledger Nano X, Coolwallet S, Trezor One, etc.
Hierarchical Deterministic
Wallets that are HD, have a master key seed, from which an unlimited amount of key pairs can be created for transactions. Such representatives here are Litecoin Core, CoinSpace, Exodus, etc.
Multisignature
Just a few wallets can provide this extra feature, where each transaction requires multiple signatures from others in the network before it is confirmed. Some of them are Bitgo, Electrum LTC and CoinPayments.
Secure Litecoin Wallets To Consider
Transaction Fee Management
Depending on your choice of wallet, you will have one of the three shown below options for managing your transaction fees. In the cases where you can amend the fees, the higher it is the higher your priority in the network will be for that transaction and your wait time will be lower. The rest of the wallets do not give you such freedom and pre-determine the fees for you.
| Fee Control | How Does It Work? | Supported By |
|---|---|---|
| Full Control With Suggested Fees | These types of wallets allow you to manually adjust your transaction fees. The transaction fee can be as low as 0.00000350 LTC | Litecoin Core, Electrum-LTC, Jaxx Liberty |
| Partial Control | These wallets allow you to adjust your transaction fees based on their “recommended” fees. | Exodus, Trust Wallet, Guarda |
| No Control | These wallets usually determine the transaction fees based on how busy the network is or straight up offer only a fixed fee. | Coinbase, CoinSpace, Infinito Wallet |
03.FAQ
-
Are there any transaction fees in Cryptonator?
Yes, the fee is roughly 0.001LTC per transaction.
-
What are the withdrawal methods and fees in Cryptonator?
You can withdraw with both crypto and fiat currencies (USD/EUR). Payouts proceed immediately after you request them and the fee is 1% of the amount.
-
What is Litecoin?
If we accept that Bitcoin is the digital gold, then Litecoin must be considered the digital silver. It’s built on the same way, improving some of the issues with BTC. LTC allows faster transaction and generates blocks 4 times faster. Check out the coin’s official website.
04.About Litecoin
Litecoin was created from the base of Bitcoin and many regard it as the improved version of BTC. The aim was to make the network 4 time faster than its origin (BTC). The transactions are nearly zero-cost to be broadcasted and the fact that it is open sourced really benefits its decentralization. Most of the security that the network provides comes from the amount of hashing power protecting the system.