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Litecoin LTC

0.00237728 BTC0.30%0.03486598 ETH1.33%

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Litecoin (LTC) Price in USD with Live Chart & Market Cap

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Volume / Market Cap
Circulating Supply
70,349,719 LTC 83.75%
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Litecoin (LTC) Wallets

Here, you should know how many wallets exist today to store Litecoins or any cryptocurrency coins. There are web, mobile, and hardware wallets that are in work today to store or hold any cryptos or Litecoin.

Understand the Litecoin wallet

Litecoin (LTC) is a digital currency. It is not like your fiat currency. Its one type of currency in the form of digital code. Lets understand in brief, you can store your fiat currency in a hard wallet, but how can you store your digital currency when the point comes to security? Here, the Litecoin wallet came into existence.

A Litecoin wallet is one type of application or software program, or you can say its a digital application where you can store/hold your Litecoin without any hesitation because its very safe. Technically, its like a bank. Once you credited your currency to the bank. Your bank application shows the number that you have credited to the bank. Same in the Litecoin wallet, you will see the exact amount you have invested and a quantity according to your money.

Now the question is, what else comes in the wallet? The wallet comes with a security key (private key) called a wallet address to accept and send the Litecoin.

Lets understand how wallets work.

  • How can you receive Litecoin?
  • Start google and type wallet app and choose to receive options.
  • Select in which wallet you want to receive Litecoin. Keep in mind selecting a BCH wallet option if you are receiving Litecoin cash. Else select BTC wallet while you want to receive Litecoins.
  • Now, the wallet generates an address. At that address, you can receive coins. Copy that address and provide it to cryptocurrency exchange or any person who is sending you Litecoins.

How can you send Litecoin?

  • Open the wallet app and select the Send option.
  • The first way is to scan the QR code with your phone app or copy the receiver address into your mobile app.
  • Choose the right wallet, select BCH while sending Litecoin Cash or select BTC while you want to send Litecoins.
  • Enter the correct value before sending. And before it, check all the details carefully because any small mistake will put you in trouble.