Litentry wallet
The most secure hardware wallet for your Litentry
Your Litentry deserves the best. Choose Tangem for unbeatable security and join our growing family of users.
How to secure your Litentry with Tangem?
When you buy or hold Litentry in Tangem, it secures your private keys in many ways:
- With the seedless setup and smart backups on extra devices, your Bitcoin is safe and accessible only to you.
- Tangem is IP69K water and dustproof, built to protect against extreme temperatures, EMPs, ESCs, and X-RAYS.
- An access code and biometric authentication protect against unauthorized access.
- Private keys are generated and stored on its EAL6+ CC secure element.
How to get a Litentry Crypto Wallet?
Tangem products are for everyone, from beginners to experts. They keep your crypto safe and easy to manage. With cutting-edge technology, Tangem lets you control and protect your digital assets.
Get TangemWhy choose Litentry wallet with Tangem.
Privacy
No registration and KYC required to use the app. We don't track your data.
Security
Your private keys are encrypted and never leave your device. Only you have control over your funds.
Convenient designs
Choose from a variety of elegant designs, including unique co-branded editions and our innovative ring-form factor wallet, ensuring both style and functionality.
24/7 Customer care
Fast support for your needs. Live chat and email support for customers from all over the globe.
What is Litentry (LIT)?
Litentry is a pioneering decentralized identity aggregation oracle that emphasizes privacy preservation. Developed on the Substrate framework, it is tailored for integration within Polkadot, EVM-based platforms, and other multi-chain environments. The core ambition of Litentry is to revolutionize the way identities are managed and verified across different blockchains through its key innovation, the IdentityHub.
What is a Litentry (LIT) wallet?
A Litentry wallet acts as a storage facility for private keys, crucial for managing your Litentry address. It does not physically hold your Litentry itself; instead, the actual cryptocurrency exists on the blockchain. The wallet’s fundamental role is to generate and secure these private keys, equipping you with the ability to access and manage your Litentry assets. Essentially, a Litentry wallet serves as a tool for storing, sending, receiving, and handling Litentry tokens.
How does a Litentry (LIT) wallet work?
Litentry wallets operate using pairs of public and private keys to handle blockchain accounts. To secure access to a specific Litentry account, the private key must be kept confidential, whereas the public key can be shared to receive Litentry tokens. To make any transactions, you will need the associated private key. The Tangem Wallet generates these private keys within its secure chip and stores them.
What are the types of Litentry (LIT) wallets?
Exchange Litentry Wallets:
Centralized exchange platforms like Binance and Kraken facilitate the purchase of Litentry using traditional money within their custodial wallets, although this involves certain risks such as losing account access.Software Litentry Wallets:
These wallets can be downloaded on devices to manage Litentry and its private keys, but they are susceptible to online threats. They come in mobile, desktop, and browser-based forms.Mobile Litentry Wallets:
Wallet applications designed for use on smartphones to conveniently manage Litentry.Desktop Litentry Wallets:
Installed on computers, these wallets store private keys on the device's hard disk or SSD.Hardware Litentry Wallets:
These are offline storage devices, like Tangem, offering superior protection from cyber threats.
How to Choose the Best Litentry (LIT) Wallet
Choosing an optimal wallet depends largely on individual preferences, focusing on ease-of-use, reliability, durability, and safety. For securing large amounts and avoiding online threats, a hardware wallet like Tangem is highly recommended.
Litentry LIT
Tangem supports other cryptocurrencies
Reliability and convenience at your fingertips. Manage thousands of cryptocurrencies with peace of mind anywhere and anytime
See all supported cryptosLitentry FAQ
- You can buy Litentry on major cryptocurrency exchanges like Binance, Coinbase, or Kraken. You can also use P2P platforms or specialized exchange services. For safe storage, it is recommended to use a reliable wallet like Tangem.
- For long-term storage of Litentry, a cold wallet such as Tangem is the best choice, offering a high level of security. For active transactions, a hot wallet is more convenient but less protected from hacking.
- Transfer fees for Litentry depend on the blockchain network load and the exchange or wallet used. Typically, this includes a network fee (gas fee) and possibly additional fees from the platform.
- To create a wallet for Litentry, install the Tangem app, follow the instructions to set up a cold wallet, and generate a unique address for storing your cryptocurrency.
- Privacy-Preserving Verification Unlike traditional methods,Litentry prioritizes user privacy. Users have complete control over their data, choosing what information they share with dApps and services. This allows them to reveal specific details without exposing their entire online footprint.
- Litentry was founded byHanwen Cheng, a former Software Engineer at Parity. While working on a Signer project at Parity, he realized the need for an interoperable identity system and started a side project, which eventually became Litentry.
- Bitcoin was created by an anonymous person or group using the pseudonymSatoshi Nakamoto. Nakamoto published a whitepaper titled "Bitcoin: A Peer-to-Peer Electronic Cash System," outlining the concept of a decentralized digital currency.
- Litentry Coin (LIT to IDR) is the native token of Litentry, a decentralized identity protocol that aims to federate and verify digital identities cross-chain. LIT isused in the Litentry ecosystem for staking, governance, and incentivizing validators who help manage identity data.
Related articles
Learn more
Something went wrong
Please