Thursday June 20, 2019
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The Best Litecoin Wallet this Year

As you can see an array of best Litecoin wallets in 2019 available for storing Litecoin which is a cryptocurrency that facilitates an instant transfer of funds

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Litecoins, cryptocurrencies
Cryptocurrency, Litecoin. Flickr

Cryptocurrencies are gaining robust popularity amongst the masses due to its decentralised approach. Since cryptocurrencies eliminate the intervention of institutions and Governments in its transactions, it is more transparent in its operations. People might be well aware of the popular crypto Bitcoin, but there are many other better performing coins like Litecoin, Bitcoin Cash, Ethereum and Ripple. If you intend to buy litecoin, then you should have a crypto wallet which can store the litecoins for you. A crypto wallet acts like a regular wallet to keep the money safe, but it does not actually hold any physical form of cryptos. 

Find below some of the Litecoin wallets to secure your LTC:

Ledger Nano S: It is a hardware wallet which can be easily plugged into your system like a USB device. Ledger nano s is considered safer than online wallets as they can be physically carried and plugged off the device thereby providing less space for any fraudulent activities. Ledger nano is equipped with private keys for better security and is the best choice if you have LTC in large numbers.

Litecoins, cryptocurrencies
As technology advances, you can see many more wallets pitching in with its own innovative ideas to store and safeguard cryptocurrencies. Flickr

Trezor wallets: Trezor was a child from the Satoshilabs and is the first hardware wallet meant for providing more security to the coins. Trezor renders its support to many coins like Dash, ZCash, Litecoin and Dogecoin. It provides a 9-digit pin code to store your Litecoins even offline. Trezor is one of the lightest and portable Litecoin wallets.

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Exodus: Exodus is a popular desktop wallet which provides space for storing many cryptocurrencies including Bitcoin, Litecoin, ZCash and Ripple. Exodus has an inbuilt connection with famous cryptocurrency exchange Shapeshift allowing easing access to LTC to BTC converter and BTC to LTC exchange.  Exodus is a multi-currency wallet and hence is a favourite for many crypto enthusiasts.

Jaxx: Jaxx wallet supports desktop and mobile applications. Jaxx provides a user-friendly experience for all the 13 cryptocurrencies it supports. One amongst them is Litecoin. Jaxx wallet can be used in IOS, Android, Windows and Linux devices. It has a tie-up with Shapeshift which is a leading crypto exchange thus allowing you to buy Bitcoin anonymously with credit card. 

Cryptocurrencies
A crypto wallet acts like a regular wallet to keep the money safe, but it does not actually hold any physical form of cryptos. Flickr

Electrum LTC: To get away with the slow speed of heavy Litecoin core wallets, you can shift to a lite wallet like Electrum LTC to store Litecoins. Electrum is a desktop wallet which works without downloading the entire Litecoin blockchain.  Electrum LYTC wallet is protected by a 12 digit seed key and is available for different types of desktops like MAC, Windows and Linux.

Conclusion

As you can see an array of best Litecoin wallets in 2019 available for storing Litecoin which is a cryptocurrency that facilitates an instant transfer of funds from one end to the other through a peer-to-peer network. Look at the pros and cons of different crypto wallets before choosing the one which suits your needs. As technology advances, you can see many more wallets pitching in with its own innovative ideas to store and safeguard cryptocurrencies. 

Next Story

China May Restrict Tech Access in Spiraling US Trade Dispute

The system will build a strong firewall to strengthen the nation's ability to innovate

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China, Technology, US
People try out Huawei smartphone models on display at an electronic store in Beijing, China, May 20, 2019. VOA

China is creating a system to protect its technology, according to state media, as the U.S. restricts the access of Chinese companies to American technology in a spiraling trade dispute.

The People’s Daily newspaper said Sunday that the system will build a strong firewall to strengthen the nation’s ability to innovate and to accelerate the development of key technologies.

“China … will never allow certain countries to use China’s technology to contain China’s development and suppress Chinese enterprises,”the main paper of the ruling Communist Party said, without directly referring to the United States.

No details have been released about what China is calling a national technological security management list. The plan was announced Saturday evening in a brief three-paragraph dispatch by the official Xinhua News Agency.

China, Technology, US

China is creating a system to protect its technology. Pixabay

The aim is to forestall and defuse national security risks more effectively, Xinhua said, adding that detailed measures would be unveiled in the near future.

The initiative follows U.S. moves to restrict sales to Huawei Technologies and other Chinese tech firms on national security grounds.

The U.S. Commerce Department last month added Huawei to its list of entities that are engaged in activities contrary to U.S. national security or foreign policy interests.

As such, any sale of U.S. technology to Huawei will require Commerce Department approval.

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China responded by saying its Commerce Ministry would develop its own list of foreign entities that it regards as “unreliable.” (VOA)