13 Best Litecoin Wallets for 2025

Ad Disclosure
Ad Disclosure

We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Ad Disclosure
Ad Disclosure

We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Author
Author
Eric HuffmanVerified
Part of the Team Since
Jan 2024
About Author

Eric Huffman's background includes a decade plus in business management as well as personal finance industry experience in insurance and lending. A strong understanding of consumer finance combined...

Fact Checked by
Ad Disclosure
Ad Disclosure

We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Last updated: 
Disclosure: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. By using this website, you agree to our terms and conditions. We may utilise affiliate links within our content, and receive commission. You can read more about our editorial policy here.

Our research team tested 40+ providers to identify the best Litecoin wallet for 2025. Our findings show that Best Wallet is the overall top option, while Margex appeals to active traders who prefer custodial solutions. Hardware wallets such as Cypherock X1 and Ledger provide the highest level of security.

Litecoin (LTC) wallets allow investors to send, receive, and store Litecoin, one of the oldest and largest cryptocurrencies, in a safe environment. Additional wallet features include support for other digital assets, instant token swaps, fiat on-ramp tools, and real-time portfolio insights.

Read on to explore the top LTC wallets for hot and cold storage. Our reviews focus on the most important wallet factors, from usability and supported networks to security, features, and pricing.

The Top Litecoin Crypto Wallets Compared


According to our research, here are the best Litecoin wallet providers:

Wallet Wallet Type Supported Coins/Networks In-Wallet Litecoin Purchases? Best For
Best Wallet Non-custodial, software 1,000+ / 60+ networks Yes Overall best Litecoin crypto wallet
Margex Wallet Custodial, software 55+ Yes Custodial solutions
Zengo Non-custodial, software 1,000+ / 14+ networks Yes Storing LTC on a mobile device
Cypherock X1 Non-custodial, hardware 18,000+ / 13+ networks Yes NFC-based hardware storage
Ledger Non-custodial, hardware 5,000+ / 70+ networks Yes Affordable hardware security
Tangem Non-custodial, hardware 16,000+ / 84+ networks Yes Active investors who seek cold storage
ELLIPAL Non-custodial, hardware 10,000+ / 40+ networks Yes Air-gapped security mechanism
Trezor Non-custodial, hardware 8,000+ / 60+ networks Yes Cold storage management on desktop and mobile devices
Binance Wallet Non-custodial, software Several thousand / 70+ networks Yes Earning LTC yield
OKX Wallet Non-custodial, software 500,000+ / 100+ networks No Web 3.0 features
Bybit Wallet Custodial and non-custodial, software Several thousand / 30+ networks Yes (custodial only) Crypto day traders
Coinbase Wallet Non-custodial, software 10,000+ / 13+ networks Yes Buying and selling LTC with fiat
Trust Wallet Non-custodial, software 10 million+ / 100+ networks Yes Highly diversified crypto portfolios

The Best Litecoin Crypto Wallets in 2025 Reviewed


Read on to choose the best wallet for Litecoin. We review the top hot and cold wallet providers for LTC coins.

1. Best Wallet – The Overall Best LTC Wallet

Our top pick is Best Wallet, a non-custodial mobile app for iOS and Android users. The wallet supports cryptocurrencies from over 60 networks, including Litecoin, Ethereum, Solana, Base, and BNB Chain. The multi-chain provider ensures safety through encrypted private keys and seed phrases, as well as biometrics, two-factor authentication, and standard smartphone screen locks.

best wallet is the top litecoin wallet

The Best Wallet app offers seamless transactions without additional fees. Users cover the real-time LTC network charge, and the wallet posts transfers to the Litecoin blockchain immediately.

Besides basic wallet functions, the app offers a wide range of additional features. Users can swap LTC for other top cryptocurrencies, purchase coins with fiat money, and invest in brand-new tokens via the built-in launchpad. The staking aggregator lets investors earn passive yields without giving up control of their private keys. Since Best Wallet integrates WalletConnect, users can seamlessly engage with decentralized applications (dApps).

Best Wallet Key Features

  • Store LTC coins safely in a non-custodial app
  • Security mechanisms include two-factor authentication and biometrics
  • Buy, sell, and swap Litecoin with crypto and fiat methods

Pros

  • The overall best wallet for Litecoin investors in 2025
  • Store LTC coins on a non-custodial wallet app for iOS and Android
  • Users fully own and control their private keys and seed phrases
  • User-friendly interface suits crypto beginners
  • Buy LTC with fiat money or swap coins for other popular digital assets

Cons

  • The wallet does not offer desktop software
  • Portfolio and market intelligence features launch later in the project roadmap
Visit Best Wallet

2. Margex Wallet – Best Litecoin Wallet for Custodial Solutions

Margex Wallet is a popular option for LTC investors who prefer custodial solutions. As Margex is responsible for safeguarding private keys, beginners avoid complicated security best practices. The online exchange protects client-owned Litecoin through cold storage wallets and real-time asset monitoring. Access segregation ensures no single employee can approve wallet transactions.

margex is one of the top litecoin wallets

Personal security controls include two-factor authentication via Google Authenticator, email confirmations, and data encryption. While Margex only approves withdrawals once per day, this adds an extra layer of security to the wallet funds.

Regarding features, Margex is one of the best crypto futures trading platforms. It supports over 55 derivative markets, including LTC, Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). Traders apply leverage of up to 100x, and trade long or short via perpetual contracts. Platform users can also buy Litecoin with debit/credit cards and e-wallets.

Learn more

Margex Wallet Key Features

  • Top custodial wallet that keeps 100% of user-owned coins in cold storage
  • Trade LTC perpetual futures with low margin requirements
  • Accessible on desktop browsers and a native mobile app

Pros

  • The best LTC wallet for custodial storage
  • The exchange is responsible for protecting user funds
  • Security controls include cold storage and 24/7 asset monitoring
  • Access Litecoin futures with high leverage multipliers
  • Buy LTC instantly with traditional payment methods

Cons

  • Users cannot access their wallet private keys
  • The wallet does not support custom tokens
Visit Margex Wallet

3. Zengo – Best Litecoin Wallet App for Mobile Users

Zengo is a mobile wallet that supports 14 network standards, including Litecoin, Bitcoin, Ethereum, Polygon, and BNB Chain. While the mobile app offers non-custodial storage, Zengo eliminates single points of failure through Multi-Party Computation (MPC) security.

zengo is one of the top litecoin wallets

Private keys are split and distributed across multiple locations, including the user’s smartphone device. This technological framework makes remote hacking attempts almost impossible. Perpetrators cannot access wallet funds without the other key segments.

We found that Zengo offers a beginner-friendly experience, which includes a streamlined wallet recovery process. Instead of managing long seed phrases, users regain wallet access via three-factor authentication. The verification requirements cover facial biometrics, cloud storage, and email. Additional features include instant LTC purchases with fiat money and token swaps.

Learn more

Zengo Key Features

  • MPC security replaces traditional private keys
  • Three-factor authentication helps users recover wallet balances
  • Top reviews and ratings on TrustPilot

Pros

  • MPC technology splits private keys into multiple segments
  • Basic wallet functions are fee-free
  • User-friendly wallet recovery process through three-factor authentication
  • Suits beginners and experienced investors alike

Cons

  • Supports just 14 blockchain standards
  • No native software for desktop users
Visit Zengo

4. Cypherock X1 – Best NFC-Based Hardware Wallet for Litecoin

Cypherock X1 offers institutional-grade security through its hardware wallet device. The wallet provides the perfect balance between safety and convenience, since it relies on near-field communication (NFC) for transaction approval. This security framework ensures users can post transactions to the Litecoin blockchain without internet risks.

cyperock is one of the top litecoin wallets

Users receive a primary X1 Vault, which is a small USB-like device, plus four key cards. They initially set up wallet transfers on the native cySync app, verify details on the Vault device, and scan one of four key cards for approval.

In terms of pricing, Cypherock X1 offers three plans: basic, standard, and pro, which cost $99, $179, and $249, respectively. The more expensive plans offer non-essential features like card sleeves, hard cases, three-year extended warranties, and priority customer support. However, those who simply want to store LTC in cold storage can choose the basic option.

Cypherock X1 Key Features

  • One of the best Litecoin wallets for safety
  • Cold storage solutions with NFC transaction approval
  • Users tap key cards on their smartphones to approve outgoing transfers

Pros

  • Secure LTC storage that eliminates remote internet threats
  • A highly portable hardware wallet that relies on NFC technology
  • A Keylabs audit confirms robust security frameworks
  • The native companion app offers portfolio management tools

Cons

  • The premium plan costs $249
  • The inheritance service charges up to $149 annually
Visit Cypherock X1

5. Ledger – Best Litecoin Wallet for Affordable Cold Storage

Ledger is a reputable hardware wallet for Litecoin and supports thousands of other cryptocurrencies, including top altcoins like ETH, BNB (BNB), Cardano (ADA), and Dogecoin (DOGE). The wallet integrates over 70 network standards, making it a great choice for diversified crypto portfolios.

ledger is one of the top litecoin wallets

As a cold storage provider, Ledger helps users avoid online hacking risks. The hardware wallet stores encrypted private keys with premium secure element chips, and to approve LTC transactions, users input a PIN on the physical device. Users recover lost or damaged devices remotely with a 24-word seed phrase or the subscription-based Ledger Recover service.

Ledger offers four models: Nano S Plus, Nano X, Flex, and Stax. The models cost $59, $149, $249, and $399, respectively. In our view, the budget-friendly option suits most Litecoin investors. While it does not support Bluetooth or NFC, Nano S Plus users connect to the Ledger Live software via USB-C cables.

Ledger Key Features

  • Four models to suit all investor budgets
  • The cheapest Ledger device costs just $59
  • Users input a PIN on the device to approve LTC transactions

Pros

  • Reputable hardware wallet provider with four model choices
  • Starting at $59, one of the most affordable cold wallets for Litecoin investors
  • Stores over 5,000 coins and tokens from more than 70 networks
  • Newer models support USB-C, Bluetooth, and NFC

Cons

  • The most advanced Ledger model offers many non-essential features
  • Third-party gateways charge high fees to buy LTC with debit/credit cards
Visit Ledger

6. Tangem – Best Litecoin Cold Wallet for Active Investors

Tangem is another affordable cold wallet for LTC investors. Retailing for just $54.90, the credit-card-sized wallet lets users approve outgoing transfers through NFC. Similar to Cypherock X1, users simply scan a key card on their mobile device. This seamless process suits active investors who want to maximize security without compromising convenience.

tangem is a great litecoin wallet to use

The native Tangem app for iOS and Android comes packed with features. Investors may buy and sell Litecoin with fiat currency methods, and swap thousands of digital assets across different chains. Tangem supports over 84 networks, so users can access tokens from the most popular ecosystems.

The wallet’s security mechanisms are robust. Tangem uses EAL6+ secure element chips to protect users from invasive attacks, and IP69K standards ensure the wallet is resistant to water and extreme temperatures. The Tangem app also helps beginners verify firmware and chip authenticity.

Tangem Key Features

  • Combine active crypto trading with cold storage security
  • The native app lets users buy, sell, and swap Litecoin
  • Budget-friendly price point at just $54.90

Pros

  • Supports Litecoin and 83 other blockchains
  • Approve wallet transfers via NFC broadcasting
  • Get two key cards for just $54.90
  • EAL6+ secure element is the highest industry chip standard

Cons

  • Not as secure as air-gapped wallets
  • Fiat gateway partners require KYC verification
  • Buyers must spend over $89 to secure free shipping
Visit Tangem

7. ELLIPAL – Best Litecoin Wallet for Air-Gapped Security

ELLIPAL is a hardware wallet with an air-gapped security mechanism. Cybersecurity experts explain that air-gapped wallets offer the highest safety framework, since they eliminate external connection risks like WiFi, Bluetooth, NFC, and USB-C. Instead, ELLIPAL requires LTC holders to approve transactions through QR code scanning.

ELLIPAL is a great litecoin wallet to use

The ELLIPAL Titan 2.0 device, which costs $169, has a built-in camera. Users input the transfer details on the ELLIPAL companion app, and they scan the generated QR code from the device. After reviewing the transaction details on the wallet’s 4″ touchscreen, users scan another QR code from the mobile app.

The iOS and Android app offers multiple features that help users connect with Web 3.0 products. Users connect with dApps across dozens of blockchain ecosystems, buy and sell Litecoin with local payment methods, and swap tokens without relying on centralized exchanges.

Learn more

ELLIPAL Key Features

  • The best Litecoin wallet with air-gapped security
  • The two-step transaction process relies on QR code scanning
  • Stores LTC and 10,000 other popular cryptocurrencies
  • The companion app lets users buy and sell LTC with local payment types

Pros

  • Top-tier security through air-gapped technology
  • Wallet users avoid all connection risks such as Bluetooth and NFC
  • Supports thousands of cryptocurrencies from over 40 blockchains

Cons

  • Less convenient for active crypto traders
  • Shipping times of up to business days for some regions
  • Firmware updates require a slight learning curve
Visit ELLIPAL

8. Trezor – Best Litecoin Cold Wallet for Desktop and Mobile Integration

Trezor remains one of the most popular hardware manufacturers for storing LTC and other top altcoins. The provider offers three models with varying features. At $49, Model One is a budget-friendly option, and it relies on micro USB cables for transaction verification. The Safe 3 and 5, which cost $79 and $169, offer premium features and enhanced convenience.

trezor is a great litecoin wallet to use

All models connect with the Trezor Suite software for Windows, Mac, Linux, iOS, and Android. LTC investors manage their portfolios on desktop and mobile devices, including wallet transfers and instant token swaps. Trezor Suite also supports a fiat-on-ramp tool that lets users buy and sell Litecoin in a wide range of currencies.

In addition to cold storage, Trezor safety features include physical PIN confirmations. Once users set up an external transfer, they input their PIN on the device to approve it. The recovery process relies on a 12 or 24-word seed phrase, depending on the mode.

Learn more

Trezor Key Features

  • Cold storage solutions from just $49 plus shipping fees
  • Trusted reputation in the wider Litecoin community
  • Users manage their LTC portfolios via desktop and mobile software

Pros

  • Trusted hardware wallet manufacturer with three models
  • The Trezor Suite software supports multiple portfolio features
  • Open-sourced framework offers enhanced transparency and security

Cons

  • The iOS app is available in read-only mode
  • Wallet onboarding assistance costs an extra $99
  • Some users report slow customer support response times
Visit Trezor

9. Binance Wallet – Best Wallet to Earn Litecoin Yields

Backed by the world’s largest exchange, Binance Wallet is a non-custodial wallet for iOS, Android, and Chrome/Brave browsers. While the non-custodial structure ensures users control their private keys, the wallet connects to Binance Bridge and other popular decentralized initiatives. These DeFi solutions let users earn yields on their LTC investments.

binance wallet is a great litecoin wallet to use

One option is Binance’s simple earn accounts. They provide 0.28% APYs on flexible terms, so investors may withdraw their LTC coins at any time. The provider also offers LTC dual investments with APYs ranging from 3.68% to 122.32%.

Powered by MPC technology, Binance Wallet generates three separate key shares. It distributes those keys on the user’s device, Binance servers, and personal cloud storage. A hacker would require all three segments to access the wallet funds. The wallet also offers security alerts on incorrect wallet addresses and suspicious smart contract detection.

Binance Wallet Key Features

  • Earn LTC yields in a non-custodial environment
  • Connect to Binance Bridge to access other Web 3.0 ecosystems
  • MPC security splits key shares across three locations

Pros

  • Users get seamless access to the Binance exchange
  • Earn interest on LTC via savings accounts and dual investments
  • Top security features include MPC and real-time alerts

Cons

  • No proprietary software for Windows or Mac
  • Does not offer two-factor authentication
  • Some features are intended for advanced users
Visit Binance Wallet

10. OKX Wallet – Best Litecoin Wallet for Web 3.0 Features

OKX Wallet offers a decentralized experience for Litecoin investors. The wallet connects with over 130 Web 3.0 blockchains, including decentralized exchanges (DEX), lending protocols, and perpetual futures platforms. The built-in bridging tool enables users to swap LTC coins for other cryptocurrencies, sourcing the best prices from hundreds of liquidity providers.

OKX wallet is a good litecoin wallet

OKX Wallet offers a mobile app for iOS and Android, as well as a browser extension for desktop users. It leverages the MPC framework to simplify private key management, and reputable blockchain security companies have audited the underlying code.

Litecoin investors interested in speculative meme coins use the Meme Pump feature. It provides access to the top meme coins from active blockchains like Solana and BNB Chain without leaving the wallet interface. The main drawback is that OKX Wallet does not support fiat money, so users cannot buy or sell LTC with traditional payment channels.

OKX Wallet Key Features

  • Seamlessly access Web 3.0 tools like staking and DEX markets
  • 130+ supported networks include Litecoin, Bitcoin, and Solana
  • Available as a browser extension and mobile app

Pros

  • One of the top LTC wallets for Web 3.0 features
  • Fully decentralized with an MPC security mechanism
  • Supports over 500,000 coins and tokens

Cons

  • No support for fiat payments
  • Some built-in products encourage speculative trading
  • Too feature-rich for buy-and-hold investors
Visit OKX Wallet

11. Bybit Wallet – Best Litecoin Wallet for Crypto Day Traders

Active day traders use the Bybit Wallet to combine secure LTC storage with access to thousands of crypto markets. The wallet offers both custodial and non-custodial solutions, and the best option depends on the trader’s objectives.

bybit wallet is a good litecoin wallet

The custodial structure suits traders seeking seamless access to the main Bybit exchange, which supports spot trading and derivatives like perpetual futures and options. The exchange also offers LTC/USDT liquidity rewards with 24-hour APYs of almost 70%. This is in addition to LTC savings accounts with 0.8% APYs.

As the centralized platform safeguards private keys, the custodial method produces counterparty risks. Users who want full control of their Litecoin investments prefer Bybit’s non-custodial wallet. Two security methods exist: keyless storage with MPC technology or traditional seed phrases. The non-custodial wallet connects with decentralized ecosystems with complete anonymity.

Bybit Wallet Key Features

  • Offers both custodial and non-custodial frameworks
  • Users choose between MPC or seed phrase wallets
  • Connects with the main Bybit exchange

Pros

  • The custodial wallet provides access to thousands of Bybit markets
  • Non-custodial users fully control their Litecoin investments
  • Multi-device support includes iOS, Android, and web browsers

Cons

  • Counterparty risks when users rely on the custodial service
  • No longer offers an NFT marketplace
  • Users in some countries may face geo-location restrictions
  • The non-custodial solution does not support fiat purchases
Visit Bybit Wallet

12. Coinbase Wallet – Best Litecoin Wallet for Fiat Money Support

Coinbase Wallet is a non-custodial wallet that operates separately from the Coinbase exchange. Users control private keys and seed phrases, so third parties, including Coinbase, cannot access their LTC coins. Yet, users who link the wallet to their Coinbase account access fiat payment facilities.

coinbase wallet is a good litecoin wallet

Verified Coinbase accounts may buy Litecoin with debit/credit cards, PayPal, and local bank transfers via ACH, SEPA, and more. LTC holders can also sell their coins for local currency. While using the exchange requires KYC documents, investors retain their custodian rights on cryptocurrencies stored in the Coinbase Wallet. This structure provides the ideal balance between decentralization and fiat-to-crypto support.

Besides Litecoin, Coinbase Wallet supports over 10,000 other cryptocurrencies. It is compatible with 13 blockchains, from Bitcoin and Ethereum to Solana and Dogecoin. Users may also store digital assets on EVM-compatible networks such as BNB Chain, Arbitrum, and Base.

Coinbase Wallet Key Features

  • Connect to the Coinbase exchange for fiat payment features
  • The wallet offers non-custodial storage
  • One of the most user-friendly Litecoin wallets on the market

Pros

  • Verified Coinbase users buy and sell LTC with fiat money
  • Stores over 10,000 coins and tokens from 13 blockchains

Cons

  • Users who link to Coinbase lose their anonymity
  • The exchange charges approximately 4% on debit/credit card payments
  • Slow rollout process on new wallet features
  • The wallet overly promotes the Base ecosystem
Visit Coinbase Wallet

13. Trust Wallet – Best Litecoin Wallet for Diversified Crypto Portfolios

Our research shows that Trust Wallet is a great option for LTC holders who also own cryptocurrencies from other blockchain ecosystems. The decentralized wallet supports over 10 million digital assets on more than 100 networks, including Cardano, Sui, Solana, Avalanche, and Toncoin. This wide asset support helps users store all of their crypto investments in one place.

trust wallet is a good litecoin wallet

Trust Wallet is a free mobile wallet and browser extension for iOS, Android, Edge, Chrome, Opera, and Brave. Users secure their wallet with a PIN, password, or biometrics, and they receive a 12-word seed phrase during the setup process. While encrypted private keys reside on the desktop or mobile device for enhanced security, Trust Wallet does not support two-factor authentication.

The wallet partners with gateway providers, so users may buy Litecoin with Visa, MasterCard, and e-wallets. Partners include Ramp, MoonPay, and Simplex, which collectively support over 110 fiat currencies. The minimum LTC purchase requirement is just $10.

Trust Wallet Key Features

  • Supports over 10 million assets on more than 100 blockchains
  • Buy, sell, store, and swap LTC in one safe place
  • Over 200 million crypto investors use the wallet

Pros

  • Decentralized wallet app and browser extension that supports most blockchains
  • Features include dApp integration, token swaps, and LTC fiat purchases

Cons

  • No support for two-factor authentication or multi-sig approvals
  • Sub-par customer service
  • Only the browser extension enables hardware wallet connections
  • The Chrome extension has a 3.2/5 rating across over 1,000 reviews
Visit Trust Wallet

Methodology: How We Ranked The Best Litecoin Wallets


We tested over a dozen Litecoin wallets to identify the best options for different investor requirements. Wallet coverage included hot and cold storage across mobiles, desktops, and browsers, as well as hardware devices.

Our research criteria prioritized supported assets and networks, security, DeFi compatibility, and user friendliness.

Supported Assets (20%)

In addition to Litecoin, the best crypto wallets ideally support a variety of other digital assets. Experts recommend using a single wallet to store diversified portfolios. Otherwise, investors must manage multiple private keys and seed phrases, which increases security risks.

Best Wallet supports Litecoin and over 60 other blockchains, from Ethereum and Bitcoin to Solana, Polygon, and Base. Trust Wallet also ranks for its wide asset support, as its non-custodial software is compatible with over 100 network standards.

Security (40%)

Our methodology prioritized LTC wallets with the highest security standards. The safest way to store cryptocurrencies is via cold storage. Cypherock X1, Ledger, and Tangem encrypt private keys onto a hardware device, and they eliminate online threats like malware and viruses.

Cold storage provides a less convenient experience for active investors, so we also included secure hot wallets with robust safety features. Zengo protects users with MPC technology and biometrics, plus a simplified recovery process that relies on three-factor authentication.

DeFi and dApp Access (10%)

While the Litecoin blockchain does not natively support DeFi features, several Web 3.0 dApps offer alternative ways to earn yields. The best Litecoin wallets let users bridge tokens to other network standards like ERC-20 and BEP-20, and generate income through staking and liquidity provision.

Best Wallet, Zengo, Coinbase Wallet, and other popular software wallets integrate the WalletConnect tool, which unlocks access to the best decentralized ecosystems. Users approve smart contract requests within the wallet interface to ensure a safe experience.

Ease of Use (30%)

The research team tested each wallet provider on all available versions and operating systems. This process helped us evaluate the overall wallet experience and whether users require an initial learning curve. Key steps covered how to deposit and transfer LTC, activate security features, connect with dApps, and buy, sell, and swap assets.

Some wallets, such as OKX Wallet, suit seasoned LTC investors, while beginner-centric providers like Best Wallet and Coinbase Wallet appeal to those just entering crypto. LTC holders should use a wallet provider that aligns with their experience level.

What is a Litecoin Wallet?


Litecoin wallets allow users to store and trade LTC coins in a safe environment. They also enable wallet-to-wallet transfers, where users send and receive LTC via the Litecoin network. Manx wallet types exist, including native mobile apps, desktop software, and browser extensions.

Investors with significant LTC holdings use hardware wallets, since their cold storage mechanism stores private keys offline.

Wallet providers often provide other features to enhance the user experience. Users can buy and sell Litecoin with traditional money, swap tokens, and generate passive yields. However, the primary function of a wallet is to store LTC safely and facilitate blockchain transfers.

Types of Litecoin Wallets

Most Litecoin wallets offer non-custodial storage, which means users manage their private keys. Third parties cannot access the user’s funds or block transactions, including the wallet provider. Experts recommend the non-custodial structure, as investors store cryptocurrencies in a decentralized environment.

Some wallets, typically ones that centralized exchanges offer, operate as fully-fledged custodians. The exchange takes full responsibility for the user’s private keys, yet LTC holders must request approval to make wallet transfers.

different types of litecoin wallets

Another decision to make is hot or cold storage. Hot wallets are software-based, so users typically store LTC on a mobile or desktop device. As these wallet types remain exposed to internet threats, they are less secure compared with cold storage.

Cold wallets store private keys offline in physical hardware devices, and they cannot connect to WiFi or mobile data. Users typically approve transactions through Bluetooth, NFC, USB-C cables, and QR code scanning. This is the safest option for LTC investors, but also the least convenient.

The best practice is to store a small amount of coins in a hot software wallet for day-to-day transacting, and the rest of your balance in a hardware device with cold storage.

Why Use a Litecoin Wallet?


LTC holders need a Litecoin wallet for several reasons, including:

  • Storing LTC: Investors store LTC and other digital assets in crypto wallets. Using a non-custodial wallet eliminates intermediary risks. In contrast, relying on a centralized exchange means users could encounter frozen balances, restricted transfers, or hacked accounts.
  • Sending and Receiving LTC: Litecoin wallets typically store your full Litecoin address, which lets users send and receive LTC through the Litecoin blockchain. Transfers use anonymous wallet addresses rather than the sender’s or receiver’s identity. Non-custodial wallets ensure transactions post to the blockchain without requiring third-party authorization.
  • Buying and Selling LTC: The best Litecoin wallet apps partner with reputable fiat gateways. Users can often purchase and sell LTC with debit/credit cards, PayPal, Google/Apple Pay, and other convenient methods. This way, investors can access the features that allow them to avoid centralized exchanges, since they trade without leaving the wallet interface.
  • Accessing dApps: Many wallets connect with Web 3.0 dApps, from DEXs and staking aggregators to crypto lending protocols. Investors maximize yields in various ways, such as bridging LTC to the BNB Chain and providing DEX liquidity.

Are LTC Wallets Secure?


Developers build Litecoin wallets to keep LTC coins safe. However, the level of security differs by provider, wallet type, and available security mechanisms.

Hot wallets appeal to investors who actively buy, sell, and trade cryptocurrencies and engage with blockchain dApps. They also increase convenience, as users monitor their portfolios on a user-friendly app, web browser, or desktop software. The trade-off is that hot wallets incur online hacking threats. The solution is to use a wallet that offers advanced security like two-factor authentication and MPC technology.

litecoin payments based on blockchain technology

For enhanced safety, the best crypto hardware wallets eliminate internet vulnerabilities. These wallet types store Litecoin offline, helping users avoid cybersecurity risks. The drawback is that hardware wallets can cost a lot of money, and they make day-to-day transacting more cumbersome. As such, LTC holders should consider whether to prioritize security or accessibility.

How to Keep Your Litecoin Wallet Safe?


Follow these security best practices to ensure a safe LTC wallet experience:

  • Non-Custodial Storage: Trusting a custodial wallet provider presents several counterparty risks. Users who keep Litecoin on an exchange, for instance, never truly own their coins. The best solution is to store assets in a non-custodial wallet. Only the user can access the private keys, which yields unfettered asset ownership.
  • Seed Phrase Backups: Similar to private keys, seed phrases enable remote access to wallet funds from any device. Therefore, LTC investors must secure their wallet credentials correctly. Write the seed phrase down on a sheet of paper and store it somewhere secure and private. Never store the recovery details on an internet-ready device or share them with other people.
  • Activate Security Features: While the best Litecoin wallets offer robust security features, users typically need to activate them manually. On Best Wallet, protection tools include two-factor authentication through SMS and biometric logins. Margex Wallet provides email verifications and data encryption.
  • Check the Correct Network Standard: Although Litecoin operates on a proprietary Layer-1 blockchain, “wrapped” tokens exist on other networks like Ethereum and BNB Chain. Transferring original LTC coins to one of these wallet addresses causes a loss of funds, as users cannot reverse blockchain transactions. Most LTC addresses start with L (Legacy) or M (SegWit).
  • Use Cold Storage for Large Balances: If you hold a substantial amount of Litecoin, keep the majority of your funds in a cold wallet. Cypherock X1, one of the safest crypto wallets, stores private keys offline, so user assets are never exposed to internet risks.

How to Use a Litecoin Crypto Wallet?


It takes minutes to set up a new Litecoin wallet. Here are the required steps when using the Best Wallet app:

Step 1: Download Best Wallet

Visit the Best Wallet website and download the free iOS or Android app.

download best wallet

Step 2: Secure the Wallet

Choose a PIN, write down your 12-word seed phrase, and activate biometrics and two-factor authentication. These steps keep your LTC coins safe.

Set up your passcode on Best Wallet

Step 3: Deposit Litecoin

Select “Litecoin” In the asset list. Tap “Receive” and transfer LTC to the provided wallet address.

Step 4: Buy Litecoin

Best Wallet lets users buy LTC with popular fiat payment methods. Tap “Trade” and “Buy”, select “Litecoin”, and complete the payment form.

buy litecoin on best wallet

Step 5: Send Litecoin

To transfer LTC to another wallet address, tap “Litecoin” followed by “Send”. Enter the transfer amount and destination address, then confirm.

Conclusion – What is The Best Litecoin Wallet?


LTC investors need a secure crypto wallet that provides strong security and a smooth user experience. To ensure safety and real asset ownership, choose a non-custodial wallet with encrypted private keys and a seamless backup process.

Our research shows that Best Wallet is the overall best Litecoin wallet for 2025. The free mobile app combines robust security with a beginner-friendly interface, and it connects with over 60 other blockchains. Best Wallet users can also buy, sell, and receive Litecoin without KYC requirements.

Visit Best Wallet

FAQs


What is the safest Litecoin Wallet?

Can Coinbase Wallet hold Litecoin?

How to withdraw LTC from Trust Wallet?

How to buy Litecoin in the USA?

What are the disadvantages of Litecoin?

References

  1. What Are Crypto Wallets and How Do They Work? (Bloomberg)
  2. Public Key vs Private Key: Key Differences Explained (MoonPay)
  3. Self-Custodial vs Non-Custodial Wallets (Fireblocks)
  4. Hot vs Cold Crypto Wallet: What’s the Difference? (Coinbase)

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

2M+

Active Monthly Users Around the World

250+

Guides and Reviews Articles

8

Years on the Market

70

International Team Authors
editors
+72 More
At Cryptonews, we aim to make cryptocurrency, blockchain, and Web3 understandable, and information available to everyone, no matter what level you are in your investment journey. Founded in 2017, Cryptonews has been dedicated to delivering reliable, multilingual coverage of the cryptocurrency industry.

Best Crypto ICOs

Discover trending tokens still in presale — early-stage picks with potential.

Explore Our Tools

Smart tools made for everyday crypto users

Market Overview

  • 7d
  • 1m
  • 1y
Market Cap
$3,119,884,836,925
-1.13
Trending Crypto
Crypto News in numbers
editors
Authors List + 66 More
2M+
Active Monthly Users Around the World
250+
Guides and Reviews Articles
8
Years on the Market
70
International Team Authors

About Cryptonews

Our goal is to offer a comprehensive and objective perspective on the cryptocurrency market, enabling our readers to make informed decisions in this ever-changing landscape.

Our editorial team of more than 70 crypto professionals works to maintain the highest standards of journalism and ethics. We follow strict editorial guidelines to ensure the integrity and credibility of our content.

Whether you’re looking for breaking news, expert opinions, or market insights, Cryptonews has been your go-to destination for everything cryptocurrency since 2017.