Choosing the best Litecoin mobile wallet is one of the critical steps when dealing with cryptocurrencies. Some apps are a better fit for secure storage, while others are designed for convenience but are hardly suitable for storing large sums. This article will look at different types of cryptocurrency wallets, get acquainted with the best Litecoin wallet apps, and compare them to each other.
Desktop vs. Mobile Wallets: Best Litecoin Wallets Android/iOS
We have grouped all the best Litecoin wallet apps into sections: desktop and mobile wallets. Local or desktop clients are programs created for a specific operating system, such as Windows, Mac OS, or Linux. However, desktop crypto-purses can also be cross-platform, i.e., not tied to a particular operating system.
Nevertheless, if you're not going to keep large sums of money, online browser or smartphone clients might work for you since they're more convenient and can be used even on the go.
The best Litecoin mobile wallets combine convenience and security. They allow users to conduct transactions from their smartphones while on the go, as long as an Internet connection is available.
Top 4 Best Litecoin Wallet Apps for Android/iOS That Work With Jidex
JIDEX is an instant, secure, and reliable global cryptocurrency exchange service. It acts as an intermediary between users and cryptocurrency exchanges, giving people access to 150+ currencies. Let us look at the best Litecoin wallets for Android and iOS that work with JIDEX.
Mobi Wallet (Android/Apple iOS)
Mobi Wallet is available for Android and iOS and supports up to 15 languages and 22 cryptocurrencies. When you download Mobi, one of the best Android Litecoin digital wallets, it will be linked to the cell phone number from which you downloaded the app.
Users can also request an additional Visa debit card, which is linked to their Mobi account. The card allows them to withdraw cash in any currency at ATMs worldwide or spend their funds at any Visa-supported retail outlets. The debit card automatically deducts funds from customers' wallet balances.
All funds you deposit into your Mobi account will be protected with cold storage, geographically distributed backups, and regular security audits.
Level of anonymity
Because of the threat of total control over cryptocurrencies, confidential transactions are especially relevant. Mobi is one of the best crypto wallets for iPhone for Litecoin when it comes to anonymity.
Mobi Wallet is quite transparent and easy to use. Even so, all your transactions are securely protected and stored within the app.
ImToken Wallet (Android/Apple iOS)
ImToken is a multicurrency mobile wallet with support for 11 different blockchains and over 200,000 coins and tokens. It integrates a fast, seamless exchange of any token within the platform. In addition, the imKey Pro hardware wallet (price: 688 yen) helps further enhance security if needed.
ImToken also allows you to interact with decentralized applications, i.e., to use credit pools and generate passive income, for example. It also makes ImToken a great competitor among the best Litecoin Android wallets, as well as iOS ones.
ImToken does not support two-factor authentication and multi-signature. The private key is stored on the client's device.
Level of anonymity
ImToken is one of the best mobile Litecoin wallets. This is a storage space for cryptocurrencies with closed source code, which provides anonymity to its users.
ImToken has a medium transparency level, as it is centralized and allows users to access the blockchain without storing it locally. It allows you to manage multi-chain wallets with a single mnemonic passphrase.
Cake Wallet (Android/Apple iOS)
Cake Wallet is a mobile cryptocurrency wallet that is easy and fast to create. The user also gets a mnemonic phrase to restore the wallet. The advantage of it is that private keys remain on your device, and also, there is a possibility to back up the wallet in iCloud, which makes it one of the best iOS Litecoin wallets.
One of the great features – Cake Wallet users can replenish their wallets with BTC, LTC, ETH, BCH, DASH, USDT, EOS, and many more coins. And, vice versa, they can send coins with instant exchange to wallets of other currencies. You just need to select the top-up coin and scan the QR code of the transaction. Then, the wallet will immediately display the exchange rate and the final amount of the transaction.
Like other Monero (XMR) wallets, it stores your private key only on your device, so you don't have to worry about anyone watching your transactions. This approach gives Cake Wallet superior security and makes it one of the best mobile Litecoin wallets.
Level of anonymity
The app never sends a private browsing key to an external server. Cake Wallet transactions are much harder to track because they use ring signatures and stealth addresses that hide the identity of the sender and recipient.
There are no questions about the transparency of Cake Wallet either - all operations are simple, there is no place for incomprehensible or strange transfers. This app is deservedly on our list as one of the best wallet apps for Litecoin.
Trustee Wallet (Android/Apple iOS)
Trustee Wallet is one of the best mobile crypto wallets for Litecoin that combines storage with an exchange. The wallet creators set a straightforward goal - to create convenient storage for cryptocurrencies, which will facilitate the work with digital assets even for those far from the world of blockchain technologies.
The key feature of the wallet is that it allows you to operate several cryptocurrencies in one place and has a simplified functionality. It also allows you to buy and sell crypto in seconds with money from your card or with e-cash. It is one of the best Android Litecoin wallets (and iOS as well).
Money is not stored on the company's servers and is not transmitted anywhere - encryption is performed on the client's side, and no one except you has access to your money.
Level of anonymity
Encryption occurs on the client's side, so the developers have no access to your money or any of your information. So, if you are looking for a safe wallet, look at this participant on our “Best Litecoin wallets for iOS and Android” list.
The convenience and transparency of the Trustee Wallet was the main idea of the developers to create a wallet, so it is not surprising that the client has the most straightforward and simplified interface.
Conclusions About the Best Litecoin Mobile Wallets
There are several types of wallets for cryptocurrencies. The main thing is to choose a reliable and safe one. You can install special software on your computer, or you can download a convenient application on your phone.
It is essential to understand that addresses store cryptocurrency in the blockchain. And the best Litecoin wallets mobile are needed for easy management of private keys and access to addresses.
Which cryptocurrency wallet should you choose? It depends on many conditions. The most important is security; you need the ability to store a private key or seed phrase. For everyday use, payment, and receiving transfers, mobile cryptocurrency wallets will also do. Thus, it is worth carefully selecting an application and studying the lists of the best mobile Litecoin wallets.