LIT wallet
The most secure hardware wallet for your LIT
Join the Tangem family! Secure your LIT with the trusted choice for dedicated self-custodial protection.
How to secure your LIT with Tangem?
When you buy or hold LIT in Tangem, it secures your private keys in many ways:
- With the seedless setup and smart backups on extra devices, your Bitcoin is safe and accessible only to you.
- Tangem is IP69K water and dustproof, built to protect against extreme temperatures, EMPs, ESCs, and X-RAYS.
- An access code and biometric authentication protect against unauthorized access.
- Private keys are generated and stored on its EAL6+ CC secure element.
How to get a LIT Crypto Wallet?
Tangem products are for everyone, from beginners to experts. They keep your crypto safe and easy to manage. With cutting-edge technology, Tangem lets you control and protect your digital assets.
Get TangemWhy choose LIT wallet with Tangem.
What is LIT (LIT)?
The LIT token is a cryptocurrency that exists without a particular function but invites holders to "trust the process" and relish the journey. In slang, "lit" connotes excitement and enthusiasm, echoing the token's objective to involve users seeking an entertaining experience in the cryptocurrency realm.
What is a LIT wallet?
A LIT wallet is responsible for storing private keys, granting the ability to manage your LIT address. Though it doesn't store LIT directly (as these reside on the blockchain), it creates and keeps the private keys needed to access and supervise your LIT account. Simply put, a LIT wallet is your tool for sending, receiving, and managing your LIT holdings.
How does a LIT wallet work?
LIT wallets operate through public and private key pairs to oversee accounts on the blockchain. A private key is essential for accessing a particular LIT account and should remain undisclosed, while the public key can be shared to receive LIT. To transfer funds, the corresponding private key must be utilized. Tangem Wallet generates and secures these private keys within its chip.
What are the types of LIT wallets?
Exchange LIT Wallets:
Platforms like Coinbase, Binance, and Kraken offer custodial wallets for purchasing LIT with traditional currencies. This option carries risks, such as losing account access.Software LIT Wallets:
Digital wallets on devices that manage your private keys and LIT. Convenient, they are also susceptible to cyber threats. Available as mobile, desktop, and browser wallets.Mobile LIT Wallets:
Apps that permit LIT management directly from your smartphone.Desktop LIT Wallets:
Software installed on PCs that save private keys on local drives.Hardware LIT Wallets:
Solutions like Tangem that store cryptocurrencies offline, safeguarding against online vulnerabilities.
How to Choose the Best LIT Wallet
Selecting the best LIT wallet depends on personal preferences considering factors like ease of use, dependability, longevity, and security. For robust protection against cyber attacks and for holding significant amounts securely, a hardware wallet, such as Tangem, is advisable.
Tangem supports other cryptocurrencies
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See all supported cryptosLIT FAQ
- A reliable wallet for LIT should prioritize robust security and user-friendly access. Tangem offers offline protection coupled with straightforward mobile management.
- Software wallets for LIT are often free, but hardware wallets usually require a one-time purchase. Sending transactions may involve network fees.
- The safest LIT wallet keeps your private keys offline and protected from unauthorized access. Hardware wallets, such as Tangem, offer the highest level of protection because they isolate keys from online risks.
- A LIT wallet is a tool that lets you store, send, and receive your digital assets. It manages your private keys, which prove ownership of your LIT.
- LIT currently has a circulating supply of 66447411 LIT. This represents the number of tokens tradable on the market today. The max supply is100000000 LIT.
- Litentry isa privacy-preserving decentralized identity aggregation oracle, built on the Substrate framework and tailored for Polkadot, EVM-based platforms, and other multi-chain ecosystems.
- Intuitively, a market is litif its orders and quotes are viewable by the general publicand dark if they are not. As we shall see, though, there are shades of darkness. A dark pool may display information about its orders to selected participants but remain dark to the general public.