How To Setup A Litecoin Wallet (Beginner's Guide)

How to create a litecoin wallet.

This is a step by step simple tutorial on how to create a litecoin wallet. I am using Litecoin core as my desktop wallet because it is the official litecoin wallet. Litecoin is securely stored in a wallet on your computer, tablet, phone or laptop.

*Please remember to backup your wallet every time only after you have completed a transaction and don’t forget the password of your wallet.

What is Litecoin?

Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their own finances. Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin.

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This is a video on how to create a litecoin wallet.

Post Author: CoinCryptoNews