I’m planning to store some Litecoin and want an online wallet, but I’m worried about hacks. What should I look for to make sure my funds are secure?
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When choosing an online wallet to store Litecoin, security should be your top priority. Look for wallets that offer strong encryption, two-factor authentication (2FA), and cold storage options to protect your funds from hacks. Just like a SASSA grant application status ensures your personal information is verified and secure, a good wallet verifies and safeguards your crypto assets against unauthorized access.
Security is key with online wallets. Look for one that encrypts your private keys in your browser, so the provider can’t access them. I’ve been using a wallet that’s fast and keeps everything encrypted locally. Check out https://litevaultwallet.io for a good example—it’s open-source, which adds trust. Always use a unique password, enable 2FA, and keep your recovery phrase safe. That combo has kept my LTC secure so far.