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Litecoin (LTC)

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This article will help you set up your first Ledger Litecoin (LTC) account.

 The Litecoin (LTC) app is developed and supported by Ledger. Check the Litecoin wallet page to learn more.

Before you start

  • Download and install Ledger Live on your computer. You can learn more about how to get started with Ledger Live here.
  • Open Ledger Live, connect your Ledger device to My Ledger and make sure your Ledger device is running the latest firmware version.
  • Update the firmware of your Ledger Nano S / Nano S Plus / Nano X.

Install the Litecoin (LTC) app on your Ledger device

  1. Open Ledger Live and navigate to the My Ledger tab.
  2. Connect and unlock your Ledger device.
  3. If asked, allow My Ledger to access your device.
  4. Search for the Litecoin (LTC) app in the app catalog.
  5. Click the Install button to install the app on your Ledger device.
    • Your Ledger device displays Processing.
    • Ledger Live displays Installed.

Advanced features

Configure public key exports

The Litecoin app can export your extended public key (xpub) to web apps in a U2F compatible web browser (Chrome, Opera or Firefox). The xpub is privacy-sensitive information, as all public addresses can be generated from it.

Public key exports by default require manual approval on the device to prevent inadvertent sharing of your public addresses. This setting can be configured as follows:

  1. Open the Litecoin app.
  2. Navigate to Settings > Public key export approval.
  3. Choose one of two options:
    • Manual approval (default): public key exports require a confirmation on the device.
    • Auto approval: public key exports are automatically approved.
Litecoin address formats

When you add Litecoin accounts in Ledger Live, the address format is set to Native SegWit by default. If you need to receive LTC on older address formats such as SegWit and Legacy, you can change the default address format.

To change the default address format:

  1. In the Add new account section of the Accounts step, click on the Show all address types toggle.
    addressformat.png
  2. Select one of the following address formats:
    • Native Segwit (by default): Native SegWit addresses start with ltc1. These are bech32 addresses that offer better protection against typos and are cheaper to spend from on top of the advantages of SegWit addresses.

        If your exchange does not support sending to a native segwit address, you may add a regular segwit account to temporarily send to and request your exchange to support sending to native segwit addresses.

    • Segwit: SegWit addresses start with a M. The SegWit upgrade reduces network fees, speeds up transaction signing on hardware wallets, and enables second-layer solutions like Lightning Network. By default, new accounts added in Ledger Live are SegWit accounts.
      Tip: If your exchange does not yet support the SegWit address format, you can use this address converter to send LTC to your Ledger device.
    • Legacy: Legacy addresses start with a L. This is Litecoin's original address format. New Legacy accounts can now be added directly in Ledger Live. You no longer need to use a third-party wallet to add Legacy accounts in Ledger Live.

  Address privacy

Litecoin transactions are public information. Do not re-use your addresses for optimal privacy. Ledger Live automatically generates new addresses and keeps track of your previous ones. Previous addresses do remain valid, but they don't offer an optimal level of privacy.

Final steps

  • Create your first Litecoin (LTC) account in Ledger Live. Learn more.
  • Receive LTC into your Litecoin account. Learn more.
  • Send LTC from your Litecoin account. Learn more.
  • Buy LTC directly into your Ledger Litecoin account through Ledger Live. Learn more here.
  • Learn more about LTC and the Litecoin network here.

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