I am having trouble buying LTC. I tried Kraken, Coinbase etc but I always run into roadblocks I heard these exchanges are easy to use but I think that is not true when you live in other countries. I thought Moonpay is the easiest way of doing it. What are your thoughts on Moonpay?
Should I store my LTC in the exchange or transfer it in my Litewallet?
Sorry for such stupid questions. This is my first time I would appreciate any other advice, thanks.
no…download the core wallet…let the blockchain sync…
and keep backups of your wallet on usb drives offline…
this is the most secure way to store coins over the long term…
when you have coins on an exchange…they control your account…
when you have your own private key then you are in control…
I don’t disagree with that method being secure. For large amounts of crypto: I, and I think most others, would say to store your private keys in a cold wallet like a Ledger or something.
I want to hold my litecoins. How I can do that like is lite wallet is used for holding litecoins and is it safe for long term over 10 years. Also, is there anywhere I can hold my litecoin. I do not want to trade it
I replied to the person of the first comment if he has a tutorial or something similar cuz I did not understand the process very well. Can u explain more please.