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Electrum LTC Wallet Review

12

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Very good

Revainrating 4 out of 5  
Rating 
4.0
Crypto Wallets

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Details

Typehot
Cryptocurrencies1
Devicesdesktop
OSwin, linux, macos
Extra services

Description of Electrum LTC Wallet

Instant on: Your client does not download the blockchain. It uses a network of specialized servers that index the blockchain. Forgiving: Your wallet can be recovered from a secret seed. Safe: Your seed and private keys are encrypted on your hard drive. They are never sent to the servers. Low trust: Information received from the servers is verified using SPV. Servers are authenticated using SSL. No downtimes: Your client is not tied to a particular server; it will switch instantly if your server is down. Ubiquitous: You can use the same wallet on different computers, they will synchronize automatically. Cold Storage: Sign transactions from a computer that is always offline. Broadcast them using a machine that does not have your keys. Reachable: You can export your private keys into other Bitcoin clients. Established: Electrum is open source and was first released in November 2011.

Reviews

Global ratings 12
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    11
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Type of review

Revainrating 4 out of 5

The wizard has a decent partaking in the PC gadgets, it doesn't take so much download space and its interface is agreeable, straightforward and quick between the choice bar.

Electrum LTC Wallet, addresses an incredible customer to secure the LTC in such a protected manner that it is difficult to lose your computerized resources because of disappointments in the gadgets where the customer is introduced. It's anything but a truly available wallet, with cold stockpiling of the assets, to have the option to oversee them regardless of whether there is no availability to the Web. The Electrum LTC Wallet customer interface is essential giving it superb execution on the PC

Pros
  • Cold stockpiling functions admirably without the requirement for a web association, so coins are remained careful and you can get to your wallet whenever, regardless of whether there is no availability.
  • With the JSON record trade it is too simple to even think about sending out the wallet to another LTC customer whenever required, the solitary thing to do is to secure it to stay away from its misfortune.
Cons
  • The Electrum LTC Wallet isn't accessible for any cell phone, as it must be introduced on consuming gear.
  • The mediocre variant of windows tosses a mistake in the establishment and the customer doesn't run, so it is needed to keep the working framework with the most recent updates.

Revainrating 4 out of 5

A Solitary Coin Wallet For LTC

As a Litecoin financial backer having a wallet that is exceptionally intended for accumulating your LTC portfolio makes your exchanges consistent by utilizing the wallet yet such wallets as this are very uncommon as a considerable lot of them are either Bitcoin or Ethereum wallet. In a pursuit for a got ,viable and capable wallet intended for Litecoin Electrum LTC wallet arose into the crypto space to satisfy this pressing need by holders in the Litecoin people group. A few merchants…

Pros
  • Simple to utilize.
  • Uncommonly intended for Litecoin.
  • It is protected and gotten.
  • The wallet has a phenomenal and outstanding interface.
Cons
  • No versatile viable application

Revainrating 4 out of 5

A Single Coin Wallet For LTC

As a Litecoin investor having a wallet that is specially designed for storing up your LTC portfolio makes your transactions seamless by using the wallet but such wallets as this are quite rare as a many of them are either Bitcoin or Ethereum wallet. In a pursuit for a secured ,compatible and proficient wallet designed for Litecoin Electrum LTC wallet emerged into the crypto space to meet this urgent demand by holders in the Litecoin community. Some traders often consider a single coin…

Pros
  • Very easy to use.
  • Specially designed for Litecoin.
  • It is safe and secured.
  • The wallet has an excellent and exceptional interface.
Cons
  • No mobile compatible app

Revainrating 4 out of 5

A wallet where you can securely store your Litecoins

Electrum LTC Wallet: This platform name is a wallet where you can store your litecoins. I have a friend who uses this platform. I was going to use this wallet, but the things on the website seemed very inadequate and plain to me. So I stopped using it (Too Colorless). You need to download this wallet to be able to use it. This is why many scammers have tried to scam users who use this wallet by creating fake download locations. Let's be careful about this. In addition, Electrum LTC Wallet's…

Pros
  • Very simple and safe to install (also takes up very little space)
  • Security procedures are very diverse and beautiful
  • Although the website is very simple, it is very successful in terms of information.
Cons
  • Due to the need to download the wallet, the scammers are constantly at work and need to be careful.
  • No phone availability (Great platform if you already have a phone app)

Revainrating 4 out of 5

Electrum LTC Wallet

Electrum LTC is one of the safest, most reliable and fastest wallets that we are going to find and it is one of the most used to manage Litecoins. We will have the possibility to have a high amount of LTC that we can send or receive from different exchanges. It has security implementations that include the popularly known two-factor authentication to protect our access to the wallet. Furthermore, the user interface is very well designed and easy to use for both beginners and experts. It is…

Pros
  • Wallet with security implementations that include two-factor authentication and is also open source. We will be able to store a massive amount of LTC that we can receive or send without complications. Well designed user interface for easy use. Available for Windows, Linux and MAC OS X.
Cons
  • It is not available for mobile devices with Android or iOS operating system.

Revainrating 4 out of 5

Electrum LTC Wallet

Electrum LTC Wallet, represents a powerful client to protect the LTC in such a safe way that it is impossible to lose your digital assets due to failures in the devices where the client is installed. It is a very accessible wallet, with cold storage of the funds, to be able to manage them even if there is no connectivity to the Internet. The Electrum LTC Wallet client interface is very basic giving it excellent performance on the computer device, besides that its installation is quite light…

Pros
  • The wizard has a good sharing in the computer devices, it doesn't take so much download space and its interface is very friendly, simple and fast between the option bar.
  • Cold storage works well without the need for an internet connection, so coins are kept safe and you can access your wallet at any time, even if there is no connectivity.
  • With the JSON file export it is too easy to export the wallet to another LTC client if required, the only thing to do is to protect it very well to avoid its loss.
  • The comparability with various operating systems is correct, and the failures by installation are almost nonexistent.
Cons
  • The very inferior version of windows throws an error in the installation and the client does not run, so it is required to keep the operating system with the latest updates.
  • The Electrum LTC Wallet is not available for any mobile device, as it can only be installed on burning equipment.

Revainrating 4 out of 5

The Electrum LTC cryptocurrency wallet

The Electrum LTC cryptocurrency wallet is one of the safest wallets used in the digital world, it gives the user the option of managing a large amount of Litecoin (LTC) on their platform, giving the user the ease of being able to send or receive from any exchange, this is a very secure wallet since it has 2-factor authentication being this one of the best security in the market, it has a very good interface very well designed giving you a very good experience to each of the users.

Pros
  • gives users the option to store a large amount of Litecoin and be able to send or receive without problem
  • The wallet interface and security is well designed.
  • Compatible with Windows, OSX and Linux.
Cons
  • -Lengthy setup procedure

Revainrating 4 out of 5

Electrum LTC Wallet.

Electrum LTC is a cryptocurrency wallet that has a lot of security to safeguard all the information and assets of users, in it users can keep a large amount of LTC as well as be able to send and receive them from different exchange platforms, it also has great features security as identity authentication and secret codes so that only proprietary users can access this platform. This wallet also offers great solutions on its platform since it has an excellent interface that is easy for users to…

Pros
  • It has very good security with private keys.
  • Create cold wallets.
  • It is an open source wallet.
Cons
  • It is only available for PC.

Revainrating 4 out of 5

Electrum Litecoin Wallet

Electrum Litecoin wallet is an open source, desktop-based wallet that was designed specifically for Litecoin (LTC). The code for Electrum was released in 2011 and though it was initially a Bitcoin-only wallet, developers have created other versions. Electrum Litecoin wallet is a lightweight Litecoin client and does not require a download of the entire chain. According to its website, it is a community-maintained port of the Bitcoin wallet, Electrum, to Litecoin. Its design is simple yet…

Pros
  • Lightweight client does not require full LTC blockchain download
  • Suitable for both beginners and experienced users
  • Does not store users’ private keys
  • You can access funds on another wallet by exporting private keys
  • Open source wallet
Cons
  • Lengthy setup procedure
  • Unregulated
  • As a desktop wallet, it is not conveniently accessible for use on the go
  • It does not support trading or exchange services
  • Not hierarchical deterministic

Revainrating 4 out of 5

Electrum LTC wallet

It is one of the best user interface for access to the LTC blockchain Among its options is that it is not necessary to download the complete chain, making it synchronize quickly with the associated server It is a good option to store large quantities of LTC since we can create a wallet without connection, creating a secure storage environment. In general, Electrum LTC has high security standards, offering solutions presented with other wallets since problems related to the weight of the…

Pros
  • Compatible with Windows, OSX and Linux.
  • It is not necessary to download the complete chain
  • Total access to the private key.
  • It allows the creation of cold wallets, for this type of storage.
  • Open source project and supported by the community.
Cons
  • Only available for desktop user.
  • Many users now prefer another type of safer storage.
  • Some previous versions have vulnerabilities.

Revainrating 4 out of 5

Electrum LTC Wallet - The league of safe wallets

Electrum LTC wallet is a good wallet for transferring and storing Litecoin. Time has proven that the wallet is safe from the external attacks and that it is one of the best wallet users can find. There is no worry when using the wallet and reasons to trust it are long on the list. If the interface can be improved in the future, more and more people will use it

Pros
  • - Electrum LTC wallet is a lightweight PC that can be downloaded from the Internet within a few minutes. The installation process takes quite the same amount of time and the app can be used almost instantly
  • - Users can start using the wallet in man way. They can create a standard wallet, then choose between normal set up or advance set up. Also, they can create a multi-sign wallet for their organization whose assets can only be transferred when there is a consensus between the co-owners. Finally, they can generate a watch-only address or access an address with a private key
  • - The interface is not colorful but it is quite efficient with a familiar layout just like traditional desktop apps
  • - It is extremely easy to transfer Litecoin using the wallet, all the basic tasks such as sending, receiving, managing contacts and assets are so simple and quick. Transaction history can be accessed easily on the dashboard. For sending function, users can type in the address, upload the file, or scan the QR code using the PC webcam. Transaction fees can be adjusted as much as the desire of the owners. It is possible for users to add the description to the transaction. Receiving function delivers a basic experience as other wallets but Electrum can also set expiration timer for the transaction
  • - The wallet provides many tools so the users can customize the wallet very conveniently. Especially, there are very useful tools in the Preference tab that can help the non-tech users to make the best out of the wallet. In Network tab, users can do some changes on the Setting to enhance the privacy of transactions
  • - The wallet has been around since 2011 and the number of its active users is huge. The wallet will be existing for a long time with the great support from the community
  • - This is an open-sourced wallet so its source-code is publicized on GitHub. We can rest assured that the wallet is safe, transparent, and open for further developments
Cons
  • - The interface is what give it some minus points. It is too technical and is not for everyone. I assume the wallet will be used the most by the developers
  • - There is no mobile phone version for it as the wallet is only available on desktop
  • - There are a lot of other wallet types that each of them has some competitive benefits. For example, hardware wallet can store very many cryptocurrencies and this is the safest type of wallet.

Revainrating 5 out of 5

HD wallet technology allows you to "grow" all the information from the sid…

HD wallet technology allows you to "grow" all the information from the sid only in the program where it was created. That is, if you have created an Electrum Litecoin wallet and generated a passphrase for it, then you can restore all the addresses and keys to fully perform any transactions only here. I recommend this wallet

Pros
  • This project is one of the easiest to use among analogues. It may not offer a huge list of features, but you will have enough of those that are embedded in it. After installation, you will see the working field of the wallet. It has a modest and user-friendly interface. You can view your transaction history, transfer money and receive it. There are 3 special tabs for this. It is known that with the help of the program you can perform several important operations with your savings. To replenish your own wallet, you can use exchangers or online exchanges. You will need the address of your wallet, which can be found on the "receive"tab. It is possible to transfer funds using a special recipient address. Going to the "sending" tab, you need to specify the recipient's address, the number of coins, the Commission, as well as a description of the payment for yourself. To date, the Electrum wallet supports only 3 cryptocurrencies: - Bitcoin; - DASH; - Vertcoin. The above wallets are separated from each other, downloaded from different sites and are not combined into one program. But soon the number of supported currencies may change, the creators are working on it. A special feature of the wallet is a special phrase "seed", consisting of 12 words. It gives you the opportunity to create a personal account and restore it if necessary. With this key, you can not worry about equipment failures, breakdowns and loss of passwords. It is recommended to keep this code out of reach of strangers. Write it down on paper or on a flash drive and hide it away from the computer. During installation, Electrum prompts you to encrypt the wallet file. In addition, you can use the "cold storage" mode to use the account purely for "viewing". That is, you use it only to receive funds and no more. Advantages of the application: - You keep your private keys under control. - Ability to use the client, using VPN, Tor, etc. - Keep in touch with the creators of the wallet and other users. - Use open source modification. With this, the wallet can be created in Russian and in other variations. - The application saves your disk space. - The program guarantees the security and privacy of customers. - Electrum is included in the list of recommended Bitcoin clients on the official Bitcoin website. - Ability to send payments to multiple recipients. - You choose your own server to work with cryptocurrency.
Cons
  • The app does not support most currencies. As you already know, electrum works only with 3 cryptocurrencies, but the developers plan to eliminate this drawback. When the network is loaded, users do not always have the ability to make transactions. Therefore, information about the blockchain can not be updated and be relevant around the clock. Using the Electrum wallet with two-factor authentication is paid. For a certain amount, the user receives a package of one-time passwords, which will eventually run out and will need to buy new ones. This disadvantage is justified only by the fact that it is not necessary to use this service.