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[Saitama]

Does anyone know which is best wallet to keep litecoin? A wallet which is safe & risk free but also has low fees.

 

[Sudipta]

Does anyone know which is best wallet to keep litecoin? A wallet which is safe & risk free but also has low fees.

For storing litecoin, I recommend you to use coinbase as it has no transaction fees for transferring to other coinbase members. By the way litecoin has about zero transaction fees. I think you are talking about the top popular cryptocurrencies in all together.

 

[SCAMEXPOSER]

Coinbase, trust wallet and Luno are good wallet to store your litecoin because with these wallets you can easily swap your coins to another Crypto currencies or fiat currencies.

 

[solacejoy]

Does anyone know which is best wallet to keep litecoin? A wallet which is safe & risk free but also has low fees.

Use coinbase it's safe and perfect

 

[westmania]

Trust Wallet might be lite and handy for your litecoin needs. Besides coinbase and coinomi are also good for Litecoin. are you aiming holding litecoin?

 

[ELSA-ELI]

Coinbase is very good,we also have,Luno but as for me i prefer a multi currency wallet for birth crypto and fiat digital currency which I can swap within my wallet instantly and can also withdraw,So payeer is the way to go in my opinion.

 

[Saitama]

Trust Wallet might be lite and handy for your litecoin needs. Besides coinbase and coinomi are also good for Litecoin. are you aiming holding litecoin?

I currently use coinbase for litecoin but I wanted to know is there any other better wallet to store litecoin.

 

[Saitama]

Coinbase is very good,we also have,Luno but as for me i prefer a multi currency wallet for birth crypto and fiat digital currency which I can swap within my wallet instantly and can also withdraw,So payeer is the way to go in my opinion.

Yes, I use coinbase at the moment for litecoin. I also know about payeer but I didn't particularly use it for storing litecoin. I might give it a try.

 

[Saitama]

Use coinbase it's safe and perfect

Yes, I am currently using coinbase and it is very good. I wanted to know more alternatives as keeping much litecoin in one wallet is not safe.

 

[ELSA-ELI]

Yes, I use coinbase at the moment for litecoin. I also know about payeer but I didn't particularly use it for storing litecoin. I might give it a try.

You wont go wrong with litecoin storage in payeer but dont make a mistake on btc unless you have alot in the wallet because they charge upto $10 -bucks for just transferring from payeer.

 

[ELSA-ELI]

Litecoins

When investing in Litecoin you need to make sure you keep your Litecoin safe. Let's start by understanding more about Litecoin!

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.

Importance of Litecoin 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.

Major sites have been the victim of major cyber-attacks Mt Gox and Coincheck are to major examples. 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.

There are two types of Litecoin Wallet (Online Wallets & web Wallets). Online wallets are wallets that are always online. They have advantages – they're easy to access through the internet. 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. 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. I see Coinbase to be the litecoin wallet. Below is what, how and why is coinbase.

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.

Advantages

• 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
• 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.
• You can also sell your Litecoin back to them for fiat currency
• Can be accessed from anywhere with an internet connection

Having all these advantages, does not mean that coinbase can not be hacked or that there are scams.

Quite an extensive analysis there but very informative and has really refreshed me on this subject matter.
Btw thanks for the follow,you are free to share your thoughts or ideas to me.In any best way posdible i will be of some assistance.

 

[Wisdom01]

I think the wallet am using currently to store coin is binance wallet , and based on my experience i have never have issues with the wallet ,also there is even litecoin wallet you can download on playstore

 

[Sudipta]

Yes, I use coinbase at the moment for litecoin. I also know about payeer but I didn't particularly use it for storing litecoin. I might give it a try.

Coinbase is nice to store litecoin and other popular cryptocurrencies, but I personally like payeer as it takes no fee for trading and it takes almost no fees to transfer to another payeer wallet.

 

[Niftyicon]

Personally, I use Luno and Trust wallets for my Litecoin and I have no issues with them. However, I am thinking of using Payeer too because I usually have some funds on the wallet.

 

[Brain]

You can use luno, Bitcoin or trust wallet. There are good wallets where you can store your litecoin without hassle. You can also swap your coin too with these wallets.

 

[Charlie93]

Does anyone know which is best wallet to keep litecoin? A wallet which is safe & risk free but also has low fees.

Hello dear good day to you

I can recommend freewallet dot org I am using this website still now 4 years I'm not had any problem with this website and also coinbase also good and transaction fee is little high

 

[Sudipta]

I think payeer is pretty nice wallet that works perfectly for me. As coinbase is now supported in my region, I find payeer more suitable as it has all the features of coinbase.

 

[Makaliki]

Quite an extensive analysis there but very informative and has really refreshed me on this subject matter.
Btw thanks for the follow,you are free to share your thoughts or ideas to me.In any best way posdible i will be of some assistance.

Thanks Elsa-Eli for that encouraging, I will share information about online business and cryptocurrency as long as the needed information is within my reach.

 

[ELSA-ELI]

Thanks Elsa-Eli for that encouraging, I will share information about online business and cryptocurrency as long as the needed information is within my reach.

You are welcome,keep pushing this is really a good forum and in case you are not sure it is indeed paying.How are youncashing your online earnings back to your local back?more especially if its small amounts like k50?

 

[Delaw2020]

Fore the best lite coin wallet is still coin base because Coinbase is an online platform for selling and buying (trading) digital currencies like Litecoins, Bitcoins, and Ethereums. This service was launched in 2012 in San Francisco, California, United States. The founder, as well as the CEO (Chief Executive Officer) of this platform, is Brian Armstrong. Once a user gets access by registering at this site, he must go through a 2-step verification process to protect his account from any unauthorized access.