Despite the cryptocurrency market downtrend, Litecoin (LTC) has maintained its position as one of the most capitalized cryptocurrencies in the market. Aside from being one big shots, LTC has remained relatively stable when it is compared to other altcoins.
That said, we cannot emphasize the importance of cryptocurrency wallets enough because the use of vulnerable wallets leads to loss of cryptocoins. Therefore, in this piece, CryptoBlockWire will rate Top 3 Litecoin Wallets of 2018 and the features that make them unique. It’s imperative to note that we used some essential criteria to arrive at these three. Moving forward, this criteria includes security, storing private keys, cost, user-friendliness, coin support, compatibility, and transaction convenience.
1. Jaxx
Let’s be clear here: if you need the best-ever LTC wallet for desktop, then Jaxx is what you are looking for. Of course, it runs on Windows, Mac, and Linux, and its download is free.
What’s more? The installation process doesn’t require users to divulge their personal information.
In addition to offering the LTC community a topnotch desktop wallet, Jaxx also has a mobile phone version. Accordingly, iPhone and Android phone users can also enjoy this wallet. For good measure, Jaxx is the mother of flexibility as it syncs with all your Internet-enabled devices.
If you have other cryptocoins that you wish to put in one place, Jaxx still serves that purpose. Yes, it also supports Ethereum (ETH), Dash (DASH), Bitcoin (BTC), ZCash (ZEC), and many more.
2. Edge
Edge has proven its mettle as one of the best mobile-based LTC wallets in the market for storing, sending, and receiving the cryptocurrency. It is available on iPhone and Android versions. You can also download Edge for free.
Besides Litecoin, Edge also supports ERC20 tokens; they are countless. Created on February 2018, Edge prides on being one of the user-friendly LTC wallets in the cryptocurrency market. For instance, it clearly labels all account features, making it easy to use. Indeed, this is one of the factors that makes Edge “smooth.”
Regarding the security of private keys, Edge stores them in your mobile phone, cutting off the Edge team access to them. For coming with an API Glidera feature, users can buy and sell coins without leaving the wallet.
Given that it is a mobile-based wallet, sadly, Edge is not available in a desktop version.
3. Ledger
Undeniably, Ledger Nano S is the best hardware Litecoin (LTC) Wallet today. It does this by allowing you to store your cryptocoins offline, making them even safer. To access your wallet, you will need to connect it to your computer, and then key in your PIN code.
The developers of Ledger made it extremely secure for users such that when it ends up in wrong hands, the security of the wallet becomes even stronger upon sensing repeated key-in of wrong PIN codes. Aside from supporting Litecoin, the Nano S also supports over 700 digital currencies. Amazing!
Risk Disclosure
This article should not be taken as, and is not intended to provide, investment advice. Users are ultimately responsible for the investment decisions he/she/it makes based on this information. It is your responsibility to review, analyze and verify any content/information before relying on them. Trading is a highly risky activity. Do consult your financial adviser before making any decision. Please conduct your thorough research before investing in any cryptocurrency and read our full disclaimer.
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