7 BEST Litecoin (LTC) Wallets in 2024

Litecoin (LTC) is among the first altcoins and remains one of the top picks today, even with the increased adoption of cryptocurrency. Although it has a higher acceptance rate, you must choose the best LTC wallet to store and manage your assets. The wallet you choose will determine factors such as ease of access, security, and your experience with your assets.

After countless hours researching the top Litecoin wallets, we’ve discovered the most important features users look for. From security to supported platforms, we aim to provide users with a list of the best Litecoin wallets to consider in 2024.

Best LTC Wallets to Store Your Coins

Name No. of coins supported Price Wallet Type Supported Platforms Link
Zengo 120+ Free Self-custodial wallet iOS and Android Learn More
Uphold 250+ Free Custodial web, iOS, Android, and desktop Learn More
Binance 500+ Free Self-custodial Google Play, the App Store, and Android APK, OS and Windows Learn More
Ledger Nano X 5,500+ coins and tokens $149 Non-custodial Windows, Mac, Linux, iOS, and Android. Learn More
Lite Wallet 1 Free Non-custodial OSX, Windows, Ubuntu and other Linux based OS, iOS and Android Learn More
Expert Advice:
krishna Rungta

When looking for the best Litecoin wallet, consider factors such as robust customer service, support backup and wallet recovery, a seamless user experience, and compliance with regulations. A rule of thumb is to always try a wallet with small amounts before going full-scale with your crypto operations.

1) Zengo

Best for gaining maximum security

Zengo is a secure self-custody wallet to manage your NFTs and cryptocurrencies. It’s also the first keyless crypto wallet, guaranteeing security, ease of use, and comfort.

Since its launch in 2018, it’s been one of the best noncustodial wallets, as this crypto wallet has never been hacked thanks to its superb security features.

Zengo

Features:

  • Keyless Security: ZenGo eliminates the traditional private key, replacing it with a mathematical secret-sharing approach. This means users don’t need to worry about losing a private key or seed phrase. Instead, security relies on two independently created mathematical secret shares, one stored on your mobile device and the other on ZenGo’s servers.
  • Biometric Authentication: Users use biometric authentication methods like face recognition to access the wallet. This adds a layer of security that is convenient and robust.
  • User-Friendly Interface: The wallet focuses on simplicity and ease of use. It’s suitable for beginners and experienced crypto users.
  • Backup and Recovery: ZenGo offers a simple and safe backup and recovery process in case of device loss or failure. Users can always regain access to their funds.
  • Multi-Currency Support: ZenGo supports Litecoin and 120+ other cryptocurrencies, including Bitcoin, Ethereum, and various ERC-20 tokens, allowing users to store multiple digital assets in one place securely.
  • Supported platforms: Zengo is a mobile wallet, meaning it’s only supported on iOS and Android.

Pros

  • Secure multi-factor authentication
  • Supports secure wallet recovery.
  • KYC-Free Inheritance feature
  • Outstanding customer support
  • Advanced Web3 firewall
  • Buy, sell and trade digital assets within your wallet.

Cons

  • Has geographical restrictions
  • Need to store recovery files in the cloud.

Pricing:

Here are the pricing plans of Zengo

Zengo Essential Zengo pro
Free $9.99 per month

Visit Zengo >>


2) Uphold

Best for trading different assets

Uphold is a digital trading platform licensed in Europe and the USA, officially launched in 2015. This wallet allows users to trade multiple digital assets such as precious metals, traditional currencies, and cryptocurrency while offering a unique trading experience.

For instance, Uphold allows its users to trade across currencies, saving them from the additional step of first converting assets into cash. Additionally, Uphold publishes its assets and liabilities every 30 seconds on its website, increasing transparency. They also won’t loan out customer assets, thus, ensuring full safety

Uphold

Features:

  • Multiple digital assets: Uphold supports over 250 cryptocurrencies, including the most popular coins, such as Litecoin, Bitcoin, and Ethereum. It also supports traditional currencies, stablecoins and precious metals.
  • Security: Uphold features such as layered defences, regular audits, a bug bounty program, 24/7 system monitoring, advanced encryption, and penetration tests.
  • Staking rewards: Uphold allows users to stake crypto and earn some interest. The APY can be up to 16%, depending on the blockchain’s protocol.
  • Instant transfers: The transfer of money to your family or friends can be completed in a couple of seconds. There’s no transaction cost incurred, and you can send cash in any currency you want.
  • Ease of use: Creating an account on Uphold is straightforward, and the platform has an easy-to-use interface and one-step payments.
  • Automatic currency conversion: This unique innovation allows you to send funds to other users in the currency they want.
  • Supported platforms: The Uphold mobile app is available for download on Android and iOS.

Pros

  • Low minimum deposit
  • Cross asset trading
  • Superb customer support.
  • Built-in exchange to support trading.

Cons

  • A disorganized educational section.
  • No margin or leverage is available.

Pricing:

  • Free to download: Uphold is free to download.
  • Transaction fee: It charges 0% commission on all trades. The spread fees are 1.4% to 1.6% for cryptos and 1.9% – 2.5% for altcoins. Additionally, it charges 1.9% – 2.5% for metals and 0.25% for traditional currencies.

Visit Uphold >>


3) Binance

Best for providing Web3 support

The Binance Web3 wallet is a self-custodial and completely decentralized crypto wallet. Binance is one of the best hot wallets, combining functionality, security, and accessibility.

One of the best features is the advanced multi-party computation (MPC) technology, which secures your keys without needing a seed phrase. With this wallet, you can easily access multiple blockchains, move across CeFi DeFi, and access dApps.

Binance

Features:

  • Empowered user control: Users can manage the list of approved devices and remove any old ones they no longer use.
  • Multi-currency: The Binance desktop and mobile wallet support Litecoin plus 500+ tokens and digital assets, thus allowing users to enjoy the many trading options.
  • Wallet integration: This software wallet is compatible with specific hardware wallets such as Trezor Wallet, Trezor Model T, Ledger Nano X, and Ledger Nano S. If you wish, you can store your cryptos offline securely.
  • Trading and staking: Binance wallet gives you quick and direct access to Binance’s decentralized exchange, Binance DEX.
  • Backup and recovery: Binance wallet offers a seed phrase that you can use to recover your Litecoin account in case of damage or loss to your gadget. This feature is complemented with the two-factor authentication (2FA).
  • Security: Besides seed phrase, Binance uses other security protocols such as multi-signature and threshold signature schemes.
  • Supported platforms: Binance wallet has both mobile and desktop wallets and is supported on major platforms such as Windows, macOS, Linux, Android, and iOS. You can also access your Binance account to trade and manage it through the web browser.

Pros

  • Numerous ways to earn passive income.
  • Built-in exchange functionality.
  • Low transaction fees on the supported networks.

Cons

  • Might be complicated for beginners.
  • Regulatory challenges in several jurisdictions.

Pricing:

  • Free to download: The Binance app is free to download on iOS, Android, Windows, and macOS.
  • Transaction cost: Binance charges a withdrawal fee depending on the network. For BEP20- 0.00054, for Litecoin- 0.001 and BEP- 0.0022.

Visit Binance >>


4) Ledger Nano X

Best for offering cold storage solutions

Ledger Nano X is a physical device and a popular hardware wallet or cold storage because it offers greater security than any hot wallet can match. It’s an upgrade to the Ledger Nano S but retains its USB design.

This hardware wallet weighs 34 g and is 72 mm x 18.6 mm x 11.75 mm. It stores private keys using a certified secure element chip (CC EAL5+). This chip is the same type used in passports and credit cards and is resistant to physical tampering and hacking.

Ledger Nano X

Features:

  • Security: The Ledger Nano X guarantees this as it’s completely offline and can only be accessed with a unique Litecoin private key. It stores your private key in a secure CC EAL5+ isolated from the internet.
  • Storage: Ledger Nano X hardware wallet comes with private key storage, ensuring your private keys are always safe from a possible online threat.
  • Can store multiple currencies: It’s a great platform that allows you to securely hold a broad range of cryptocurrencies, such as Bitcoin, Ethereum, and Litecoin, to name a few. This variety means you can even invest in the less popular cryptos.
  • Staking: Storing cryptocurrency on the Ledger Nano X hardware wallet enables users to earn passive income through staking.
  • Wireless connection: The Ledger Nano X incorporates Bluetooth connectivity, meaning you can access your wallet without cable.
  • Supported devices: Ledger Nano X can be used on a smartphone that’s at least Android 10 or iOS 9 and on desktop computers (64-bit Linux, macOS 10.15, and Windows 10).

Pros

  • No cords are required except when charging.
  • It can store up to 100 applications, such as Litecoin, Bitcoin, and Ethereum.
  • Easy to manage Litecoin or cryptos from a mobile gadget
  • It boasts a stylish, comfy, and modern design.

Cons

  • It’s expensive
  • Can’t buy tokens or assets through Ledger Nano X

Pricing:

  • Incur purchase cost: You have to buy the Ledger Nano X hardware wallet, and it goes for $149.

Visit Ledger Nano X


5) Lite Wallet

Best for beginner experience

Litewallet is a software wallet developed by the Litecoin Foundation to promote the use of Litecoin. You can download the Litewallet app for free on the Google Play Store or App Store. It’s designed to make using Litecoin as easy and secure as possible.

With its focus on user-friendliness and self-custody, Litewallet is a great option for beginners and experienced Litecoin holders.

Lite Wallet

Features:

  • Fast transaction speeds: Litewallet boasts excellent transaction speeds of 54 TPS, allowing users to enjoy seamlessly buying and selling crypto on the wallet.
  • Verification: There’s no verification needed to download Litewallet. Every transaction done through the Blockchain must pass through digital verification.
  • Privacy and anonymity: Litewallet uses the MWEB implementation to keep all transactions anonymous. This way, strangers will not see what’s in your wallet when sending Litecoin.
  • Security: Litewallet gives you complete control over your private keys and issues a 12-word recovery phrase. Other integrated security features include app sandboxing, AES hardware encryption, and code signatures to protect your digital coins from hackers.
  • Storage: Litewallet exists on the Litecoin blockchain, so there’s no restriction regarding the space available for storage due to continuous block generation.
  • Supported devices: It is a mobile wallet, hence it supports iOS and Android devices.

Pros

  • A clear and intuitive wallet interface makes it easy for anyone to send, receive, and manage their Litecoin.
  • Supports over 17 languages, catering to a diverse user base.
  • It supports a high transaction speed of up to 54TPS.
  • The code base is open-source, allowing for community scrutiny.

Cons

  • Currently, Litewallet is only available as a mobile app, with no desktop or web version.

Pricing:

  • Free to download: Downloading the Litewallet app on an Android or iOS is free.
  • Low transaction fee: The transaction fees are one of the lower costs, at an average of $0.206, while the median cost is $0.06.

Link: https://litewallet.io/


6) Guarda Wallet

Best for providing cross-platform access

Guarda is a popular multi-platform and is among the best non-custodial wallets supporting a broad range of digital coins. Additionally, Guarda provides a prepaid Visa Card that allows you to use it anywhere in a regular bank. This feature makes it a convenient wallet for bridging cryptocurrencies and fiat currencies.

Buying Litecoin on Guarda is seamless as it supports several payment methods like Google Pay, Apple Pay, Visa, and MasterCard. Your transactions are protected by an extra security layer requiring multiple transaction signatures.

Guarda Wallet

Features:

  • Multiple cryptocurrencies: You can store more than 50 cryptocurrencies and over 400K tokens.
  • Staking rewards: You can earn interest, buy, hold, and swap Litecoin and multiple cryptocurrencies straight from your Guarda LTC wallet.
  • Ease of access: This wallet is a feature-rich application that makes it easy to manage crypto assets portfolios, thus ideal for experienced and novice crypto traders.
  • Privacy and anonymity: Guarda Wallet guarantees high anonymity and privacy because you aren’t required to enter details when setting up your wallet. This differs from other wallets, which typically require new users to share their personal information.
  • Dynamic fees: Transaction fees are adjusted based on network congestion in real-time.
  • Supported devices: Guarda wallet is accessible across different devices such as, iOS and Android. It is also available as a web wallet, and desktop application for Linux, Windows, and macOS.

Pros

  • Multi-platform accessibility that lets you manage your crypto on any device you prefer.
  • It offers a comprehensive crypto management experience.
  • Allows users to earn, exchange, and borrow cryptocurrencies

Cons

  • The in-app cryptocurrency purchase fee is very high.
  • It doesn’t support Trezor wallet.

Pricing:

  • Free to use and download: You aren’t charged for using or downloading this wallet.

Link: https://guarda.com/


7) Trust Wallet

Best for a mobile experience

Trust Wallet is a non-custodial, multi-asset cryptocurrency wallet available as a mobile app (iOS and Android) and a browser extension for Chrome. It allows you to hold, send, and receive a wide variety of cryptocurrencies and tokens. It is the official wallet recommended by the Binance exchange, making it perfect for storing your Litecoin and other crypto assets.

The wallet allows users to access decentralized applications (dApps) directly within the app. As such, you can participate in DeFi protocols, play blockchain games, and more. You can also buy, sell, and store NFTs directly within the app.

Trust Wallet

Features:

  • Easy to set up: You won’t break a sweat when setting up a Trust Wallet as the process is simple and straightforward.
  • A broad range of digital assets: The wallet supports several digital assets including NFTS, dApps, and native tokens.
  • Security: Built-in risk monitoring tools like security scanners and encrypted cloud backups to safeguard assets and avoid potential scams.
  • Swap: The wallets let you swap between cryptocurrencies and tokens on the mobile app or browser extension.
  • Staking: You can grow your portfolio by staking your assets. The APR depends on the asset network and can be as high as 21%.
  • Supported devices: The Trust Wallet app is available for download on iOS and Android gadgets. It also has a Trust Wallet web browser extension where you can use your desktop browser as a web3.

Pros

  • Zero personal tracking for personal info, such as IP or email address.
  • No sign-up is required when setting up your wallet.
  • Integration with Binance
  • Open-source code.
  • There are no fees for basic wallet features.

Cons

  • Its software wallets are not integrated with cold storage wallets or hardware.
  • Limited customer support.
  • Lacks multi-sign security feature.

Pricing:

  • Free to download: You can download this mobile wallet for free.

Link: https://trustwallet.com/

What Is Litecoin (LTC)?

Litecoin is a peer-to-peer network forked from the Bitcoin protocol by a former Google engineer, Charlie Lee. The goal of the Litecoin network was to improve Bitcoin’s shortcomings by being less centralized, thereby making it harder for big mining companies to have an edge over small-scale firms. Additionally, by supporting a speed of up to 54TPS, Litecoin made it easier to scale and transact.

Litecoin has a total of 84 million capped supply, which is four times more than Bitcoin, which stands at 21 million. Besides a bigger number, another distinct difference is that Litecoin boasts more advanced technology. As a result, blocks are produced four times quicker, allowing for faster financial transactions.

Types of LTC Wallets

There are different types of LTC wallets, and these include:

Software Litecoin Wallets

The software wallets enable users to secure cryptocurrency on an internet-connected gadget. They’re also known as hot wallets and include the following:

  • Web wallets: These are wallets you can access through a website browser, and they’re typically used in gaming sites and cryptocurrency exchanges. Web wallets aren’t very secure because someone else stores the private key you need to access. But despite that, it offers convenient access to crypto wallets.
  • Mobile wallets: Litecoin wallets are made for tablets and smartphones to access your account while on the move.
  • Desktop wallets: These Litecoin wallets are installed on your computer, and you’re granted complete access to your private keys.

Hardware Litecoin Wallets

Hardware wallets store your private key completely offline, usually on a tiny piece of hardware specially designed to store Litecoins. A hardware wallet is one of the best ways to store your Litecoin, as the wallets aren’t connected to the internet. Because of this, it’s harder for hackers to access your Litecoins.

With hardware wallets, you can send and receive cryptocurrencies offline, guaranteeing complete security.

Factors to Consider When Choosing a Litecoin Wallet

There are certain key factors you must consider when looking for a Litecoin wallet, and these include:

Security

Litecoin is a precious digital coin, so one of the vital things to consider when choosing the best LTC wallet is security. You should do this by taking your time to understand the security protocols put in place by each Litecoin wallet.

Remember to access the security features integrated into every wallet when researching different wallets. Key security features to look for include multi-signature support, ease of backup, and 2FA

Ease of Use

If you’re a newbie to the crypto space, you need to get a user-friendly Litecoin wallet. A straightforward wallet to use, navigate, and understand saves you from unwanted troubles such as erroneous transfers, lack of security, and lost funds.

Features

There are a few key features to consider when examining a Litecoin wallet, such as:
  • Multi-currency support if you plan to use many different cryptocurrencies.
  • Ease of integration with exchanges to ease the trade of crypto.
  • Litecoin wallet’s compatibility with different operating systems, such as macOS, Windows, Linux, iOS and Android.

Cost

How much are you willing to spend on a particular Litecoin wallet? If you’re on a tight budget, software wallets might be perfect. But hardware wallets are better if you’re willing to spend your money safeguarding your Litecoins.

FAQs

A Litecoin address is a unique string of numbers and letters crucial for sending and receiving Litecoin within the peer-to-peer payment system. These addresses act as the destination for LTC transactions.

Litecoin address is retrieved from your wallet’s public key, a cryptographic key linked to your LTC wallet. It’s specific to the crypto they represent, meaning you can’t use it to receive LTC or other cryptocurrencies such as Ethereum and Bitcoin.

The best way to get a Litecoin wallet is by using one of the platforms discussed here, such as Zengo or Binance. After you’re done with the registration process, you’ll get access to different crypto storage options such as Litecoin, Ripple, Tether, and Ethereum wallets.

There are several cryptocurrency exchanges, including Gemini, Coinbase, Kraken, and Binance, to name a few. You can purchase through a debit card, bank account, or wire transfer.

Final Verdict

The above list of the best Litecoin wallets in 2024, created by our reviewers, is a reliable guide for anyone looking for a way to hold and manage their assets. It’s created by looking at features such as security, ease of use, and supported platforms. However, we recommend these three top picks from our research:

  • Zengo: It’s one of the best Litecoin wallets that offers top security features, guaranteeing the safety of your assets.
  • Uphold: This wallet is the best pick if you’re looking for a way to trade your Litecoin with other assets in a centralized place.
  • Binance: It’s the best Web3 wallet as it combines functionality, security, and multi-asset support, providing a seamless crypto experience.

Best LTC Wallets to Store Your Coins

Name No. of coins supported Price Wallet Type Supported Platforms Link
Zengo 120+ Free Self-custodial wallet iOS and Android Learn More
Uphold 250+ Free Custodial web, iOS, Android, and desktop Learn More
Binance 500+ Free Self-custodial Google Play, the App Store, and Android APK, OS and Windows Learn More
Ledger Nano X 5,500+ coins and tokens $149 Non-custodial Windows, Mac, Linux, iOS, and Android. Learn More
Lite Wallet 1 Free Non-custodial OSX, Windows, Ubuntu and other Linux based OS, iOS and Android Learn More