Top 5 Best Litecoin Wallets for 2018
A Litecoin wallet is among the several cryptocurrency wallets which utilize a software program for storing private & public keys. Below are the top 5 best Litecoin wallets for 2018:
1. Ledger Nano S:
This is the wallet with the highest popularity which is available, 8, it supports the Litecoin. It looks the same as a fancy USB key 8, accompanies a back-up seed key, a pin code component 8, a built-in OLEO screen. The features permit one to track their funds 8, restore them just in case something went wrong with this device.
PROS:
• Perfect for several currencies
• Most secure
• It is capable of restoring fund when the device corrupts
CONS:
• It might get lost or stolen
• Its initial cost is $65.00
2. Litecoin Core:
Although there exists other good desktop wallets such as "Exodus, for Litecoin, Litecoin Core is the best since it's the official Litecoin wallet which is available on the Litecoin's website. It is free to utilize, 8, once you begin utilizing it, your desktop is going to become the LTC wallet, 8, your private keys are going to be stored on the desktop in particular.
PROS:
• This is the official wallet
• It is free to utilize
CONS:
• It is not meant for mobiles
• It is not fit for individuals on the go
3. Jazz:
This is a well-known wallet. It can support thirteen cryptocurrencies, among them Litecoin, 8, permits one to restore their funds using a back-up seed key component. Its simple to use interface helps you control the private keys 8, it is possible to export or import keys at whatever time. The good thing concerning the wallet is that one can utilize it while on the go via the 105 mobile/tablet.
PROS:
• Supports thirteen cryptocurrencies
• It is possible to restore funds
• permits trading while on the move
CONS:
• it is still young
• its not secure for huge amount of Litecoins
4. LoafWallet:
This is the initial iOS-only mobile wallet meant for the Litecoin. However recently they have begun Beta testing for the Android devices also The wallet was created by the creator of the Litecoin, 8, it's maintained by a group of volunteers interested in Litecoin promotion. This wallet permits one to restore their funds by utilizing a 12-word back-up seed key.
PROS:
• It is the initial mobile wallet for iOS only
• It has been created by the Litecoin maker
• It has the capacity of restoring funds
CONS:
• Not yet approved for androids
• Not secure when storing many Litecoins
5. Liteaddress:
This is among the best options for the paper wallets. It is is the cheapest 8, most secure option to the hardware wallets. However in case you are not aware on how to use a paper wallet in the correct manner, this might be tricky 8, a bit risky also
PROS:
• It is cheap
• It is safe from hacking
CONS:
• Can be lost or misplaced easily
let's share comments, vote, rewards!
I quite like looking through an article that will make people think. Also, many thanks for allowing for me to comment!
I think the best wallet for litecoin in 2018 is Ledger Nano S.
Ledger Nano S is a hardware wallet which means that it has the private keys of the wallet, so your Litecoins are very safe.
It is one of the most popular and secure wallets currently available in the market.
Ledger Nano S comes in a stainless steel body that makes it robust and attractive at the same time.
If you have several other cryptocurrencies, Ledger Nano S allows you to store them as well.
Thank you @macbaren
Useful information thank you.
Upvoted and resteemed it.
Very useful information. Though I don't use or have litecoins right now but that may change in the future so knowing the best wallets to use is very helpful to me. Thank you and a pleasant day to you.
Coinomi is good multi wallet. To be honest it's hard to maintain wallets....
Ledger Nano S is the best option in my opinion. If you're afraid it could get lost or stolen, buy a second one as a backup and store it in a different place. If you own enough Litecoin to worry about its loss, the price for a hardware wallet is more than justified.
I haven't heard of Jazz, I'll have to check it out!