Table of Contents
A Litecoin wallet is an app that allows cryptocurrency users to store and conduct crypto transactions. In this article, I will be telling you all the best Litecoin wallet in Nigeria.
Litecoin is a peer-to-peer cryptocurrency and open-source software project. It is not governed by a central authority. Litecoin’s network offers instant, near-zero cost payments that can be conducted by individuals or institutions around the world.
Litecoin works on the Lightning Network. This enables small transactions to process off of the main blockchain.
Litecoin is meant to be a transactional currency and a store of value. Investing in Litecoin can be compared to investing in gold. Although there is some transactional value in gold, it is mostly used as a store of value.
Just like any other cryptocurrency, Litecoin is stored in crypto wallets.
When choosing a Litecoin wallet, it is very important to consider factors such as safety and security, among others. So, in this article, I will be telling you all about the best Litecoin wallet in Nigeria, BREET
Best Litecoin Wallet in Nigeria- About BREET
Breet is an OTC crypto trading app that allows users to receive crypto, convert it to cash and withdraw it to their local bank account within minutes.
Breet is perfect for the ideal user to simply want to sell Litecoin in Africa and convert it to cash without worrying about cryptocurrency volatility.
It is 100% free as it has no deposit fee, withdrawal fee or any other hidden fees and it has no withdrawal limit. Their customer service is available 24/7 at firstname.lastname@example.org and calls/WhatsApp 08090569499
It also supports other cryptocurrencies such as; Bitcoin, Ethereum, Dogecoin and Bitcoin Cash.
It is available in both Nigeria and Ghana at the moment.
How to Generate a Litecoin Wallet Address on BREET
This process is very quick and easy and only requires two steps.
- Click on the Litecoin trade page on the dashboard.
- Click on “Generate Litecoin Wallet Address”
That’s it! All you have to do now is copy and paste your Wallet address to the sender or they scan your QR code.
How to Conduct a Transaction on BREET
1. The first step after creating your account is to generate a Litecoin wallet address. You do this by clicking on the Litecoin trade page on the dashboard and selecting “generate Litecoin wallet address”.
2. Next, just like regular bank account details, you send your wallet address to the sender. Litecoin sent will automatically be converted to your fiat currency (Naira or Cedis).
3. You have to wait for a minimum of 3 confirmations from the blockchain network before the transaction can be considered successful and reflected in your wallet.
4. Your Naira or Cedis value is then added to your balance and you’re ready to withdraw with ZERO FEES.
Why Should You Choose BREET?
- Instant Fiat Payment:
With Breet, you can convert crypto to your fiat currency instantly.
- No withdrawal Fees:
Enjoy zero withdrawal fees when you withdraw to your local bank account.
You do not have to worry about something happening to your wallet as it is very secure and makes use of two-factor authentication.
- No Withdrawal Limit:
You can withdraw whatever amount of money you would like to your bank account without worrying about hidden fees and limits.
- Good Customer Support:
Breet’s customer support is available 24/7 to attend to all your needs and enquiries. For help and support, contact their support team at email@example.com or Call/WhatsApp at 08090569499.
Choosing the right Litecoin wallet is very important so as to be rest assured of the safety of your crypto coin. BREET is highly secure and you can receive Litecoin, convert to cash and withdraw to your local bank account with no risks involved.
If you encounter any issues, feel free to reach out to their customer support.