Use LTC in a personal wallet, a cold-wallet setup, or a multi-party MultiSig approval flow, depending on how the assets are owned.
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Support modes
Supported assets
Best fit
LTC
Litecoin MultiSig Wallet
Hold Litecoin (LTC) with self-custody, QR-based offline signing, and flexible on-chain MultiSig in Ownbit.
MultiSigCold WalletWallet
LTC
shared treasuries, family vaults, and higher-control wallets
About Litecoin
What is Litecoin (LTC)?
Litecoin, created in 2011, is one of the longest-running cryptocurrencies, designed as a faster, lighter complement to Bitcoin with shorter block times and the Scrypt hashing algorithm. As a UTXO chain it uses the same BIP32/39/44 derivation, so wallets, recovery, cold-signing, and MultiSig behave just like Bitcoin's. Ownbit manages LTC across standard, cold-wallet, and on-chain MultiSig modes.
Litecoin · UTXO
BIP32 · BIP39 · BIP44
Wallet · Cold wallet · MultiSig
What you can do with it
Litecoin in Ownbit
Self-custody by design
Your LTC mnemonic and keys are generated and encrypted on your own device — never uploaded for remote custody.
Cold-wallet workflow
Track LTC on a Watch Wallet and sign offline on an air-gapped phone; transactions move as QR codes.
On-chain MultiSig
an on-chain P2SH/P2WSH multisig script requires 2-of-3 or weighted approvals before any LTC moves.
How it works
How Litecoin works in Ownbit
On Litecoin, an Ownbit MultiSig address is a real on-chain P2SH/P2WSH script that needs M-of-N signatures to spend. Every participant holds an independent key, so no single person — and not Ownbit — can move funds alone. Add a Watch Wallet for tracking and keep signing keys on an air-gapped phone.
Recovery and compatibility
Litecoin recovery & compatibility
For standard Litecoin wallets, recovery completes with your mnemonic or private key in any compatible wallet. For MultiSig, each participant keeps an independent key and can recover from the wallet's on-chain configuration without depending on Ownbit's servers.
FAQ
Litecoin wallet — frequently asked questions
Does Ownbit support Litecoin MultiSig?
Yes. Ownbit supports on-chain M-of-N MultiSig for Litecoin — an on-chain P2SH/P2WSH multisig script. You can set anything from a 2-of-2 personal wallet to weighted enterprise approvals, and the threshold is enforced on-chain rather than by a server.
Which Litecoin assets can I hold?
Ownbit manages LTC on Litecoin.
Is my Litecoin self-custodial in Ownbit?
Yes. Your LTC mnemonic and private keys are generated and stored encrypted on your own device. Ownbit never holds them and cannot move, freeze, or access your funds.
Can I use Litecoin as a cold wallet?
Yes. Pair a Watch Wallet on an online phone with an offline signing phone; unsigned and signed transactions move between them as QR codes, so your keys never touch the internet.
How do I recover my Litecoin if I lose my phone?
Restore your BIP39 mnemonic in Ownbit or a compatible wallet. For MultiSig, each participant recovers with their own key plus the wallet's public configuration — no Ownbit server required.
Download
Ready to manage Litecoin in Ownbit?
Download the app on iOS, Google Play, or via direct APK — self-custody from the first screen.