🚨 Time is Running Out: Reserve Your Spot in the Lucky Draw & Claim Rewards! START NOW
Learn to gain real rewards

Learn to gain real rewards

Collect Bits, boost your Degree and gain actual rewards!

Video Courses
Video Courses
Scale your career with online video courses. Dive into your learning adventure!
Hardware Wallet Compatibility
Our Score
Very Secure
Ledger, Trezor
Very Secure
Hardware, Software
Very Secure
Very Secure

Are you thinking about investing in Litecoin? You probably think Litecoin has potential. But you need to make sure you keep your Litecoin safe.

This guide will help identify the best wallet for Litecoin investors. We will explore online Litecoin wallets, Litecoin paper wallet services along with hardware/software wallets.

By the end of this guide, you’ll be able to pick the best Litecoin wallet for your own unique investment purposes. So, whether you’re going to be investing over a long term or over a short term, we will look at the different Litecoin wallets best suited for your needs.

Main score based on expert evaluations & real user reviews.

Whether the crypto wallet is hardware, software, desktop or paper type.

For which purpose or for what kind of people is the cryptocurrency wallet best for.

Most popular hand-picked deals & coupons.

Final crypto wallet evaluation conclusion based on research, expert opinions & user feedback.


Overall Score


Wallet Type

Hardware Hardware

Best For

Best for Safely Storing, Sending, and Receiving Different Cryptocurrencies Best for Easily Control Funds, Manage Balance and Initiate Transfers

Latest Coupons

All Ledger Nano X Coupons See All Coupons of Best Wallets


One of the best hardware cryptocurrency wallets ever made. One of the most-secure cryptocurrency hardware wallets on the market.
Visit site Visit site

Table: The main features of the Ledger Nano X and the Trezor Model T

This guide will explain what Litecoin is. It will also explain why security is so important. Then it will explain the different online Litecoin wallets – from web wallets (like Coinbase), software wallets (like Exodus), Mobile wallets (like Jaxx Liberty).

This will lead to an explanation of offline Litecoin wallets – from paper wallets and hardware wallets. This will lead to a conclusion that will help you understand which is the best Litecoin wallet for your own needs.

Let’s start by understanding more about Litecoin!

What is Litecoin? (Brief)

A former Googler, Charlie Lee, created Litecoin in 2011. It was designed because Lee felt Bitcoin has ‘problems’. Lee developed Litecoin to sort out some of the biggest issues facing Bitcoin – mainly transaction times, fees and to tackle mining pool abuse (these are pools of computers mining coins).

Litecoin is a peer to peer digital currency, just like Bitcoin, and can be used to make purchases online and in some real-world stores! The advantages that it has over Bitcoin are that transaction times are faster and transaction costs are cheaper.

Another advantage is that Litecoin can be mined without the use of special computers. This makes it more accessible to miners and requires less electricity to verify a transaction.

Let us now look at why security is so important when considering investing in cryptocurrencies?

Importance of Security

A lot of technological developments have helped to make owning cryptocurrency a safe experience. The importance of security cannot be overstated. It really is the most important consideration after which crypto you plan to invest in.

The decentralized and unregulated nature of cryptocurrency really means the responsibility of security is on you – the investor.

There is a false sense of security that comes with ‘owning’ cryptocurrency. The fact they’re decentralized can make them “feel” safe. However, that isn’t the case.

Therefore, you need this guide to help you find the best Litecoin wallet for your unique individual crypto needs.

Your funds could be hacked if you store them on an exchange without moving them to a personal wallet. It happened many times before – Mt Gox and Coincheck are to major examples.

These major sites have been the victim of major cyber-attacks. The MT Gox hack resulted in the exchange going bankrupt and shutting down. Coin checks hack resulted in $530 million of cryptocurrency disappearing.

Using wallets can help protect your cryptocurrency by providing you with a ‘safe space’. To access the funds stored on a wallet, you need a key. There are public and private keys designed to help you control the entire process. This means that you have a greater sense of security when it comes to investing in Litecoin.

The next section will help identify the best and the worst Litecoin wallets along with where to store Litecoin, safely.

Latest Ledger Nano X Coupon Found:

Best Litecoin Wallet: Online Wallets

Online wallets are wallets that are always online. They have advantages – they’re easy to access through the internet. But, that’s also a big disadvantage — because they can be hacked.

There are primarily three ‘types’ of online wallets. One of these is app-based mobile wallets for Android and Apple smartphones. There are also software wallets that you can download to your Windows, Mac or Linux computer. Finally, web wallet services, like Coinbase.

Let’s find out more about online Litecoin wallet services.

Best Litecoin Wallet: Web Wallets

Services like Coinbase and other web-based wallet services have advantages and disadvantages. A web wallet is really a type of cryptocurrency wallet that a person can access through a web browser. Sometimes, they are referred to as ‘hot wallets’, and are vulnerable to hacking because they work on a centralized system.

The main advantages of a certain cryptocurrency wallet.

The main disadvantages of a certain cryptocurrency wallet.

Score that represents the ratio of the quality & advantages you get for a certain price.



  • Multiple cryptocurrency support
  • Very secure
  • SegWit and Bech32 address support
  • Built-in exchange functionality
  • One of the most trustworthy names in the crypto world
  • Easy to use
  • Free to register and keep crypto coins in
  • Decent fees
  • Supports most of the main cryptocurrencies
  • Top-notch security


  • Mediocre customer support
  • Not ideal for beginners
  • Small number of supported cryptocurrencies
  • A "hosted" wallet - constant connection to the internet is maintained

Value For Money

Visit site Visit site

Table: The pros and cons of the Coinbase Wallet and the Binance wallet

What this means is that Coinbase (for example) have full control of the keys to your wallet. So, if Coinbase was hacked, the hackers could steal your wallet keys from Coinbase. This takes the security out of your hands, which is never a good thing.

Buying Litecoin on Coinbase

Let’s look at the advantages and disadvantages of these types of wallets:


  • They are easy to use and beginner friendly
  • You can purchase 4 of the top cryptocurrencies from them using fiat currency
  • These types of web wallets can manage multiple cryptocurrencies transfers within a single account
  • You can also sell your Litecoin back to them for fiat currency
  • Can be accessed from anywhere with an internet connection


  • You are vulnerable to online scams, attacks, and hacks.
  • You don’t actually ‘own’ the wallet. It is physically and digitally out of your hands and stored on a ‘third-party’ platform. You don’t own the crypto in many cases.
  • Coinbase themselves don’t see their services as a “wallet”. In fact, the company itself is more of a broker exchange.

Best Litecoin Wallet: Software Wallets

Exodus and other software wallets have many advantages and disadvantages. This section will explore how software-based wallets work and their pros and cons. A software wallet is installed on your Windows, Mac or Linux PC.

Best Litecoin wallet

Here are the advantages and disadvantages of software wallets, like Exodus.


  • Easy to use interface with a beginner friendly system.
  • Good level of security when compared to web wallets
  • Unlike many wallets, Exodus is a great wallet for many different cryptocurrencies – including Litecoin.
  • Has recovery options so your wallet is safe even if your PC gets stolen or breaks.
  • It gives you more control over the private and public key to your wallet.
  • Exodus allows you to exchange cryptocurrencies with one another using Shapeshift.


  • The platform is always online and connected to the internet. This makes it easier for hackers to gain access to your funds when compared to offline storage options.
  • You must be wary of viruses on your computer and make sure you have anti-virus software installed.
  • You can’t set your transfer fee manually like other wallet platforms. This makes transaction fees more expensive.
  • It is only easy to access if you are with the device the wallet is installed on.

Best Litecoin Wallet: Mobile Wallets

Jaxx liberty mobile walletMobile app-based wallets, like Jaxx Liberty, are online mobile apps that are currently designed to work also on the desktop with web extensions. There are lots to pick from if you want to store Bitcoin. However, there aren’t many Litecoin mobile wallets.

Jaxx Liberty supports more than 10 coins and more than 20 tokens which you can store in the wallet. Nonetheless, it allows you to customize the wallet so you could only show the coins and tokens that you want, not all of them.


  • The Jaxx Liberty interface is one of the biggest advantages of it. It is designed for people with limited knowledge or understanding of crypto.
  • Stores the personal keys on the users own handset. This makes it difficult for hackers to steal your money – but not impossible.
  • It works across different operating systems.
  • Easy to access.


  • Slow platform – lots of people have complained about the fact app crashes a lot. This can be a problem during transfers.
  • It is a ‘hot’ wallet. It stores your wallet keys on an ‘always-online’ smartphone.
  • It does not have a 2-factor authentication feature.

As you can see, the online wallets offer ease-of-use and simplicity, but this comes at the ultimate cost – security. Let us now explore offline wallets and how they work and what the advantages and disadvantages are to these types of wallets.

Best Litecoin Wallet: Offline Wallets

These types of wallets are physical wallets – they can be hardware-based or more traditionally paper-based. They are known as “cold-storage” wallets because they are not ‘always online’ like “hot storage” wallets.

These types of wallets offer the best security, but this increased security can come with a price tag. Not only that, but they make it difficult to gain quick access to your crypto, so if you want to day trade, they aren’t the best option. Let us look at some of the advantages and disadvantages of offline wallets.

Best Litecoin Wallet: Paper Wallets

Services like LiteAddress.org are open-source and trusted Litecoin paper wallets. It allows you to print your public and private keys on a piece of paper. Your paper wallet always remains offline. So, it is secure and not vulnerable to hackers.

It also prints off a QR code that you can scan to enter your wallet, making it easier for you.

best litecoin wallet

This service is incredibly secure, but you have the ultimate responsibility regarding your investment security – if the document gets damaged, stolen or lost, you will lose access to your funds. Let’s look at the advantages and disadvantages of paper wallets.


  • A very simple way of generating a Litecoin key and address. It is easy and can be set up within a minute.
  • It is super secure – offline storage is hackproof. No one can hack your printed wallet keys.
  • It uses open-source, trusted and community-managed software which is managed through GitHub to help maintain the community.
  • Great for holding a cryptocurrency over a long period of time.


  • There is no way of getting your Litecoin back if your paper is lost. You need to store your offline paper wallet securely and safely.
  • There have been some scams with redirected websites sending users to fake Liteaddress.org ‘themed’ websites. So, make sure you visit the right site — always look for the SSL certificate (green text and HTTPS on the left-hand side of the address bar)!
  • It is a very awkward way of doing crypto trading if you buy and sell regularly. It isn’t really designed for a full-time trader.

Best Litecoin Wallet: Hardware Wallets

The hardware wallet has claimed to be the most secure way of storing your cryptocurrency for a long time. However, before we go making any decisions, let’s look at the advantages and disadvantages of hardware wallets. We’ll use one of the most popular editions (the Ledger Nano X) as our example.

Overall level of security & safety of your assests offered by a certain crypto wallet.

Whether the crypto wallet requires two-factor authentication as an extra layer of security when completing an action.

Whether the crypto wallet requires multiple keys to authorize a transaction as an extra layer of security.

Whether the crypto wallet requires a Pin code as an extra layer of security when completing an action.

The general anonimity level of your data.

What kind of methods of recovering your cryptocurrency assets in case you lose your wallet or forget your primary password does the wallet offer.

Who owns your private keys.

The level of control you have on the crypto wallet.


Security Level

Very Poor

2FA Two-factor Authentification


Pin Code

Anonimity Level

Very Poor

Backup Type

24-word Recovery Phrase or Nano S Plus

Private Key Owner


Full Wallet Control

Visit site

Table: General security information of the Ledger Nano X crypto wallet


  • The perfect way to “cold” store your cryptocurrency. Offline/cold storage protected by pin password protection and encryption.
  • Nano S also comes with recovery keys as a backup feature.
  • Just plug it into your PC via USB to access it! It’s that simple!
  • It is compatible with Mac, Windows, and Linux and is also usable via OTG cables for Android smartphones.


  • It costs $99 whereas most software and web-based wallets are free!

As you’ve read in this section of the guide, the offline wallets are safer but have some issues. Paper wallets are good for long-term crypto asset storage – so if you buy Litecoin to hold it, then paper works. But if you buy and sell crypto regularly, you need to invest in a hardware-based crypto wallet.

The next section will conclude this guide and recap on everything we’ve learned so far!

Compare Crypto Wallets Side by Side With Others

Did you know?

Ever wondered which crypto wallets are the most secure for your crypto assets?

See & compare TOP crypto wallets side by side

Best Litecoin Wallet: Conclusion

So, then, now you’ve read my guide, you should know where to store Litecoin. Every crypto investor is different, and everyone has different needs. I hope that you are now able to decide which is the best place to store Litecoin for your specific needs.

If you want quick access but with some built-in security, then Exodus is a great working example. However, if you trade in tiny amounts and want to do it from your smartphone, Jaxx provides some security with speedy trading.

However, if you want to put security before transaction speeds, then you must go offline. If you want to invest in the long-term, paper wallets can provide a good wallet-based approach to your cryptocurrency strategy. But you need to remember that paper isn’t the safest material available.

Full legal business name of the cryptocurrency wallet.

The location where the cryptocurrency wallet company is based.

The year when the crypto wallet was established.


Full Company Name

Ledger SatoshiLabs

Based in

Paris, France Czech Republic, Praha

Year of Origin

2014 2014
See TOP10 Brands See TOP10 Brands

Table: Company information of the Ledger Nano S and the Trezor One

My conclusion is that hardware wallets are the best and most secure way of storing cryptocurrency. They are safer than paper wallets because the material they are made of is much more resistant to damage (as you could probably guess!).

So, you now know what the best Litecoin wallet is. Why not get out there and make your Litecoin cryptocurrency safer by using paper or hardware wallets? Protect your investments! You paid hard-earned cash for them, after all.

Note: Never spend/invest more than you can afford to lose. I recommend speaking to a financial advisor before making any investments.

The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. Before making financial investment decisions, do consult your financial advisor.

About Article's Experts & Analysts

By Aaron S.


Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era. W...
Aaron S., Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

TOP3 Most Popular Coupon Codes



On Ledger Nano S Plus 3-Pack
Rating 5.0


For Ledger Nano X & Ledger Packs
Rating 5.0

1 Year Warranty

For Keep Key Hardware Wallet
Rating 5.0

Leave your honest Best Litecoin Wallet review

Leave your genuine opinion & help thousands of people to choose the best crypto wallet. All reviews, either positive or negative, are accepted as long as they’re honest. We do not publish biased reviews or spam. So if you want to share your experience, opinion or give advice - the scene is yours!


What types of cryptocurrency wallets are there?

In total, there are four big types of cryptocurrency wallets - online, hardware, software (app), and paper ones. Each of these types of wallets have their own features, benefits, and shortcomings, and are thus going to be suitable for different types of people, too. Security-wise, paper wallets are seen as the best alternative, while convenience-wise, software and online ones should be your go-to options.

What are “hot” and “cold” wallets?

Hot wallets are those crypto storage pieces of software that maintain a constant connection to the internet. As opposed to that, cold wallets are hardware devices that store your cryptos offline. Safety-wise, cold wallets are considered the best option - since they are always offline, you don't need to worry about some sort of a hacker stealing all of your cryptocurrency assets.

Are hardware wallets worth investing in?

It depends, but in most cases - yes. If you're just starting out with cryptocurrency trading and investing, a hardware wallet might be a bit of an overkill - it is generally considered that hardware wallets should be purchased once you have a significant amount of crypto, and want to keep it safe. If you're an active trader, that can also dissuade the matter even further - trading-wise, software and online wallets are much more convenient.

Can you keep your cryptocurrencies in two or more wallets at a time?

Definitely! It's also part of crypto storage best practices, too! Most cryptocurrency enthusiasts prefer to have a software and a hardware wallet - the former for easy access and trading, and the latter for safe storage. However, you can also utilize multiple wallets simply in order to make sure that your assets are safe and sound. This way, if one of your crypto wallets becomes compromised, you won't lose all of your assets.



Earn Huge Exclusive Binance Learners Rewards