Coin of litecoin on the background of numbers adding machine

6 Best Litecoin Wallets to Store LTC Safely

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Carlos is an international relations' analyst specializing in cryptocurrencies and blockchain technology. Since 2017, Carlos has written extensively for UseTheBitcoin and other leading cryptocurrency sites; with over 2,000 articles published.

Litecoin (LTC) is one of the most popular cryptocurrencies in the market and it has been thought as a digital asset for processing payments in a fast and cheap way. Being one of the oldest digital currencies in the market, users have the possibility to choose among a wide variety of Litecoin wallets.

Best Litecoin Wallet

Best Litecoin Wallets for your LTC Cryptocurrency

After purchasing Litecoin in a cryptocurrency exchange, the best thing to do is storing it in a cryptocurrency wallet. These wallets would allow you to safely hold your digital assets and use them at any moment. 

1. Ledger Nano S

Ledger Litecoin Wallet

Ledger Nano S is one of the most popular hardware wallets in the market. The hardware wallet is certainly the best to protect users’ funds. Why? Because it stores the private keys in an almost unbreakable environment that protects users’ against hacks and third-party attacks. 

Holding funds in exchanges has been one of the worst decisions ever taken by crypto investors. Even the most popular and secure exchanges were hacked, with just a few exceptions. This is why it is very important to hold the funds in separated wallets. 

The Ledger Nano S allows users to send, receive and hold virtual currencies through a hardware device that can be stored at home or in any desired place. Even if the device is destroyed or if it gets lost, users’ funds will be safely protected. 

The wallet has a built-in screen, a secure lockable chip and backup recovery phrase that would help users recover their funds in case the wallet is lost. It is possible to store, not only Litecoin but also many other digital currencies in the market. This is good for investors that have a larger number of virtual currencies on their portfolios and want to handle all of them from the same place. 

As mentioned before, to acquire this hardware wallet it is necessary to pay for it a small sum of money, close to $60. 

2. Atomic Wallet

Cryptocurrency Wallet

Atomic Wallet is one of the most popular desktop wallets in the market. Litecoin investors can easily store and manage their LTC coins through this desktop wallet that is built with security, anonymity and decentralization in mind. 

Users can hold their private keys that are held on the computer. It is also possible to make swaps between currencies, which allows investors to avoid using exchanges. Some of the virtual currencies supported by this wallet include Bitcoin (BTC), Litecoin, Ethereum (ETH), Monero (XMR) and many others. 

The main feature of this wallet is that it offers the possibility to process atomic swaps. It is not necessary for individuals to depend on a centralized crypto exchange anymore to exchange Litecoin for other digital assets. 

It is possible to download Atomic Wallet for free. However, some services are paid, including the possibility to purchase digital assets directly from the wallet. They have high commissions for investors that want to buy these digital assets directly through the wallet. 

If you hold Litecoin here, you need to be sure that your desktop computer is protected against viruses and that nobody has access to the private keys stored more than yourself. 

3. Guarda Wallet

  • Website: https://guarda.co/
  • Type: Mobile, Desktop Litecoin Wallet
  • Ease of use: Simple
  • Security: Safe
  • Cost: Free
Guarda Cryptocurrency Wallet

Guarda wallet is one of the most advanced and innovative mobile and desktop Litecoin wallets. This wallet allows you to hold different virtual currencies in just one place. This provides you with better control of your funds and Litecoin support. The wallet is available in different languages for users from all over the world, including English, French, Spanish, Polish, German and Italian, among others. 

Using this non-custodial and multiplatform wallet you can send, buy, exchange and receive digital currencies in just one place. Users can download this digital currency wallet for iOS devices or through Google Play. At the same time, you will be able to store Litecoin not only on your mobile phone but also on your computer, if you have a Mac OS device.  

This is not only a Litecoin wallet, as they offer support for many other cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), XRP, or Binance Coin (BNB), among others. Guarda has also collaborated with different crypto-related foundations including Ethereum Classic (ETC), Zcash (ZEC), Binance, and Bitcoin Gold (BTG). 

All these projects consider that the wallet provides users with a valuable tool to store digital currencies and help users have a more user-friendly experience.

4. Trezor

  • Website: https://shop.trezor.io/
  • Type: Hardware
  • Ease of use: Simple, but not easy for new users
  • Security: Highly safe
  • Cost: Paid
Trezor Cryptocurrency Wallet

This is another option for users that want to use a hardware Litecoin wallet. Trezor is one of the main competitors of Ledger Nano S and it was developed by Satoshi Labs, a company located in the Czech Republic. This hardware wallet supports a wide variety of digital currencies, including Litecoin. 

By holding the private keys offline, users can be sure that their funds are protected against attacks and other third-party hacks. Using the Trezor Bridge, the wallet gets connected to the selected browser for users to receive or send funds. 

This is one of the most secure wallets to store digital currencies in the market alongside Ledger Nano S. It is worth pointing out that it is simple to use to users that have basic knowledge about digital currencies. The wallet has a price of around €99. 

5. Trust Wallet

Trust Litecoin Wallet

Litecoin users can also download one of the most simple wallets to use in the market, Trust Wallet. It is possible to deposit, send and hold LTC and other digital currencies with Trust Wallet in just simple steps. 

Trust wallet has also decided to embrace Segregated Witness (SegWit) in order to help individuals in the crypto market have the latest technological innovations in the space. The wallet is very simple to use for newcomers and it will provide flexibility and all the necessary services to users that want to hold Litecoin in a cryptocurrency wallet. 

The main difference with hardware wallets is that it may not be as secure as Ledger Nano S or Trezor. Nonetheless, it is much more secure to hold funds in an online Litecoin wallet such as Trust Wallet than on an exchange that can be hacked at any moment. 

6 Exodus Wallet

Exodus Litecoin Wallet

Exodus is also another recognized cryptocurrency wallet that would allow Litecoin holders to store, send, and receive LTC coins in a fast and easy way. Exodus is a crypto wallet launched in 2016 that helps users deal with a large number of virtual currencies. 

Using the desktop Litecoin wallet would allow investors to hold LTC cryptocurrency and other digital assets in the same place. In this way, it would not be necessary for the investor to use different wallets according to the crypto it wants to hold. 

The wallet has a very easy to use user interface which is perfect for new users and it will help advanced users to feel comfortable while holding their LTC coins. 

Buy LTC For Your Litecoin Wallets

Now that you know how Litecoin wallets work and you have a choice, you should cosider to if you want to buy Litecoin cryptocurrency for your portfolio.

If you are interested in investing in Litecoin, you can read our Litecoin price prediction article and learn more about this cryptocurrency in our Litecoin guide. 

Conclusion

Security is the highest priority when dealing with cryptocurrency. It is not only about buying or mining a certain coin. You will need to pick up the best wallet to keep your coins safely. Note that highly safe Litecoin wallets are paid. So, choose wisely when you pick up between security and price, because saving a dollar can sometimes cost you fortune.

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