Litecoin (LTC) is a cryptocurrency which allows almost instant payments worldwide for anyone and, as such, it also requires a wallet for storage, hence it is worth to identify which are the best currently in existence.
It is an open-source and decentralised global network. LTC offers faster transaction confirmation times than other cryptocurrencies and has a large market capitalisation: 4.63 billion dollars which put it in the fifth position according to CoinMarketCap.
The best wallets for Litecoin (LTC): Ledger Nano Wallet
Hardware wallets are generally considered to be the most secure option for storing encryption money. The Ledger Nano S, along with the Ledger Nano X, are two very valid and widespread alternatives within the crypto community, both for Litecoin (LTC) and for all other supported cryptocurrencies.
These are lightweight and portable USB devices, compatible with the major operating systems: Windows, Mac, Linux and Chrome. The main focus is, as always, security. The Ledger Nano devices feature a PIN and many other functions which are included in our guide and is certainly one of the best wallets for Litecoin (LTC).
The best wallets for Litecoin (LTC): Eidoo
The Eidoo Wallet offers both a desktop and a mobile version. Created in 2017, it boasts extensive community support and is one of the best wallets, both for Litecoin (LTC) and other cryptocurrencies such as BTC, ETH and all ERC20 tokens.
An easy to use platform with a unique and pleasant interface for interaction. Supported operating systems include Windows, Mac and Linux.
It is a non-custodial wallet, which means it guarantees 100% privacy as the company does not retain any of the users’ private keys.
Guarda Wallet is another wallet which support Litecoin (LTC). It has been developed in 2017 and it is a non custodian platform where you can also store Bitcoin, Ethereum, Ripple, Bitcoin SV, Zcash, and Monero.
The application, which is available for both mobile (iOS and Android) and desktop (Chrome extension and Windows), also includes a decentralized exchange to buy and sell digital currencies.
Recently they also closed a partnership with Simplex to buy cryptocurrencies with credit card.
The best wallets for Litecoin (LTC): Trezor Wallet
Although Bitcoin (BTC) is often talked about more than Litecoin (LTC), Trezor supports both cryptocurrencies and is one of the best hardware wallets on the market.
Trezor is the direct competitor of Ledger Nano and, just like the latter, enjoys wide support from the community. A USB device protected by a PIN code that also supports two-factor authentication and a display which allows for rapid confirmation of transactions.