The wallet is free to use and supports over 90 different cryptocurrencies. The Jaxx ecosystem includes a connection to the ShapeShift and Changelly crypto exchanges, a unique and tailored newsfeed and a market data tracker.
While originally launched as a crypto wallet, Jaxx has now attached several other features to the platform to enhance user experience.
Read more about Exodus in our full review Best Desktop Wallet - Jaxx Libertyĭeveloped by the software company, Decentral, Jaxx Liberty offers crypto investors an excellent desktop application to store Litecoin. Although offering exchange capabilities, this type of transaction would need to take place outside of the wallet. Users cannot exchange cryptocurrencies for fiat currency inside the platform.
The code behind the wallet is not completely open-source, which means transparency is lacking in comparison to competitors. Unlike competitors, the wallet does not implement 2-factor authentication. As a desktop application, the wallet frequently interacts with the Internet, which leaves it more susceptible to attack. For additional security, you can pair the desktop Exodus wallet with a Trezor hardware wallet. Live price data is tracked constantly and thanks to a partnership with ShapeShift, Exodus is able to offer users the ability to swap cryptocurrencies directly from the platform. The wallet is compatible with over 100 different cryptocurrencies, including LTC, which should provide most users with the flexibility to store a varied crypto portfolio. Accessed via either your desktop or as a mobile application, the wallet's user interface is extremely easy to navigate. Best Wallet for Beginners - Exodus Exodus is a crypto wallet designed for beginners new to the cryptocurrency space. Is the team committed to improving and upgrading the wallet? When was the wallet last updated? Is there any evidence that they have added extra security features or integrated support for more cryptocurrencies?īy asking these questions and assessing these key features, it should greatly reduce the wallets applicable for safely storing Litecoin holdings. Is it quick and easy to speak to a representative if you have a problem? Look at the contact methods available and do some research to find out about the experiences other users have had with customer support.
To begin with, check out the wallet's customer support. Is there an option to easily restore a wallet if something goes wrong?įinally, it is best practice to research the development team and company behind the wallet. These may include secure PINs, 2-factor authentication, encryption and the ability to generate multiple wallet addresses.
Make sure that any wallet you choose has security features in place to protect your funds. As a result, most crypto wallets place security as a number one priority. The simpler it is to use, the fewer mistakes you will make.Ĭrypto wallets are designed to be secure places for storing digital assets. Make sure you choose a wallet designed with a simple and straightforward user interface. Does it have a clean and user-friendly design? Some cryptocurrency wallets can be complicated, especially for new users. Once you have found some wallets that support Litecoin, you should then consider the user interface. If you're looking to use the wallet for other cryptocurrencies, verify that they can be stored as well. If a wallet is not compatible, move on to the next one. Initially, the most important question to ask is whether the wallet supports Litecoin? The compatibility of cryptocurrency wallets varies considerably and not all will be compatible with Litecoin, so it is crucial to check. When deciding upon your Litecoin wallet, here are some questions to ask and options to look out for. Not all cryptocurrency wallets are created equal, but luckily, there are a few key features to sort the good from the bad. And make sure the provider you're interested in is available in your state. Do your own research and seek financial advice before buying. Cryptocurrencies are highly volatile and high risk. Disclaimer: This information is not financial advice or an endorsement of cryptocurrency or any specific provider, service or offering.