Litecoin is ranked as the 7th crypto coin based on the total market cap (data from coinmarketcap) and it’s been in the top 10 currencies for a long time despite the highs and lows of the market.
Compared to most of its peers, Litecoin is a safe coin to invest in, which is why a lot of investors are interested in purchasing more of this open-sourced P2P digital currency. If you want to know what is Litcoin in more detail, we recommend reading our full guide.
This also raises the need for safe and reputable Litecoin wallets which is why we compiled a list for you.
Best Litecoin wallets
Before anything else, you should know what to look for when searching for the best Litecoin wallet. Make sure the wallet you choose allows you to control your private keys, works on multiple platforms and devices, includes a backup and restore option, is easy to use, and has an enthusiastic developer community.
With that said, here are the best Litecoin wallets including hardware, desktop, and software wallets.
Ledger Nano S
Storing your LTCs on a hardware wallet is the safest option, especially if you own a large amount. You can not only control your private keys, but that also takes place offline.
The Ledger Nano S has a small OLED screen, a pin code feature, and a backup seed key that would allow you to restore your funds should anything happen to the device. It’s also priced around $65, so it’s one of the most budget-friendly hardware wallets for Litecoin.
Exodus is a free Litecoin desktop wallet that offers support for 7 more cryptocurrencies. With an active development team and a one-click recovery system, Exodus is also very intuitive.
There’s also a built-in ShapeShift converter that allows you to exchange any of the supported currencies into another. You can use Exodus on Windows, Mac, and Linux operating systems.
Just like the Ledger Nano S, Trezor has a built-in OLED screen that displays a 24-word recovery seed and a randomly generated 9 digit pin code to make sure your funds are secure.
LoafWallet is an IOS exclusive mobile wallet for Litecoin, that was developed by Charlie Lee, Litecoin’s creator.
The free iOS app is maintained by an enthusiastic group of volunteers, and it and open-source HD wallet that allows you to restore your funds using a 12-word seed key.
Furthermore, it offers a feature that allows you to purchase Litecoin via Coinbase and deposit them into the wallet.
Litecoin Core is a desktop software wallet that’s actually Litecoin’s official wallet. It’s free to use and your private keys are only stored on your machine.
However, keep in mind that core wallets sync with the whole blockchain so it could take up to several days for the process to complete.
Litecoin Core supports Linux, Mac and Windows platforms.
Jaxx is a mobile and desktop wallet supporting multiple cryptocurrencies, Litecoin included
Jaxx has a minimal and easy to use interface, gives you full control over your private keys and allows you to import and export them as needed.
The wallet allows you to restore funds using a 12-word backup seed key and exchanging crypto is possible thanks to the built-in ShapeShift feature.
You can use Jaxx on iOS, Android, as Chrome and Firefox extensions, as well as a desktop wallet on Mac and Linux.
If you’re looking for a lightweight Litecoin desktop wallet, you should definitely try Electrum-LTC.
It’s a SegWit-enabled deterministic wallet that allos you to “freeze” an address and keeps your funds safe using a 12-word security seed key.
Electrum-LTC is available on Linux, Windows, and Mac operating systems.
Paper wallets are one of the cheapest ways of cold storing crypto assets, and Liteaddress is a great choice for storing Litecoin.
Visit liteaddress.org to create your private and public keys, then store them on a piece of paper.
There are a lot of good choices when it comes to wallets for storing your Litecoins. If you can afford, we recommend a hardware wallet like Ledger or Trezor, it’s the most secure way of holding your LTC and you can also use it for Bitcoin, Ethereum or other cryptos you have invested in.