Litecoin wallet
The most secure hardware wallet for your Litecoin
Experience peace of mind with your Litecoin. Join thousands securing their crypto with Tangem Wallets today!
How to secure your Litecoin with Tangem?
When you buy or hold Litecoin 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 Litecoin 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 Litecoin wallet with Tangem.
Privacy
No registration and KYC required to use the app. We don't track your data.
Security
Your private keys are encrypted and never leave your device. Only you have control over your funds.
Convenient designs
Choose from a variety of elegant designs, including unique co-branded editions and our innovative ring-form factor wallet, ensuring both style and functionality.
24/7 Customer care
Fast support for your needs. Live chat and email support for customers from all over the globe.
What is Litecoin (LTC)?
Litecoin, with its ticker symbol LTC, is a decentralized digital currency modeled largely after Bitcoin, but with various distinct elements. Introduced by Charlie Lee, a one-time Google engineer and head of engineering at Coinbase, Litecoin distinguishes itself through its utilization of the Scrypt proof of work mining algorithm. This algorithm, being memory-intensive, broadens the playing field for miners by enabling the use of consumer-grade hardware such as GPUs, thereby enhancing its accessibility.
What is a Litecoin wallet?
A Litecoin wallet is essentially a secure tool that stores your private keys, empowering you to control your Litecoin address. It's important to note that Litecoin itself doesn't reside within the wallet; rather, it remains on the blockchain. The core function of a Litecoin wallet is to generate and hold these private keys, allowing you to engage with your Litecoin accounts. Simply put, a Litecoin wallet is instrumental for safely keeping, dispatching, receiving, and managing your Litecoin assets.
How does a Litecoin wallet work?
Utilizing pairs of public and private keys, Litecoin wallets manage blockchain accounts. The private key is pivotal and should remain confidential as it unlocks specific Litecoin accounts, while the public key is for sharing to receive Litecoin. Spending or transferring Litecoin requires the corresponding private key. Tangem Wallet, for instance, securely creates and keeps your private keys within its chip.
What are the types of Litecoin wallets?
Exchange Litecoin Wallets:
Centralized platforms such as Coinbase, Binance, and Kraken enable Litecoin acquisitions via custodial wallets, which means the beneficiaries might face risks like the potential revocation of account access.Software Litecoin Wallets:
These wallets can be installed on devices to manage your private keys and Litecoin. They're user-friendly but can be susceptible to cyber threats. This category encompasses mobile, desktop, and browser wallet variants.Mobile Litecoin Wallets:
Applications crafted for managing Litecoin straight from your smartphone.Desktop Litecoin Wallets:
Once installed on a computer, these wallets safeguard private keys on hard drives or SSDs.Hardware Litecoin Wallets:
These offline solutions, like Tangem, shield your holdings from online threats effectively.
How to Choose the Best Litecoin Wallet
Selecting the optimal wallet hinges on evaluating personal priorities like ease of use, trustworthiness, sturdiness, and safety. To enhance protection against cyber risks and securely store substantial amounts of Litecoin, opting for a hardware wallet such as Tangem is highly advisable.
Litecoin LTC
Tangem supports other cryptocurrencies
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See all supported cryptosLitecoin FAQ
- A top wallet for LTC should strike a balance between safety and usability. Tangem provides this by securing keys offline while allowing quick access through your phone.
- Software wallets for Litecoin are often free, but hardware wallets usually require a one-time purchase. Sending transactions may involve network fees.
- The best wallet for storing Litecoin is one that keeps your private keys offline while remaining easy to manage. Tangem offers this balance by placing keys in an offline card that you tap with your phone, providing both high security and simple everyday use.
- A Litecoin wallet is a tool that lets you store, send, and receive your digital assets. It manages your private keys, which prove ownership of your LTC.
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