Give your wallet a name > then choose Next.Open Electrum > click on “File” > choose the “New/Restore” option.To restore the Electrum Litecoin wallet you need to follow some of the above steps again.This address you will give to any third party who will send you Litecoin. The crucial part of the “Receive” tab is your Litecoin wallet address. Enter the recipient’s Litecoin wallet address,.Use this section to send Litecoin to any third party. The history screen displays all the history of your Litecoin transactions. Navigating your Electrum Wallet (Section by Section) History Screen Electrum will generate your addresses, Once done > select nextįinally, your wallet is now ready to use!.Ensure that you select the “Encrypt wallet file” box > Select next.Choose a strong password to encrypt your wallet keys.Confirm your seed by verifying the seed > select next. We recommend you to write it down on a piece of paper and store it in a very safe place. This is nothing but your password to recover the wallet in case of certain failure.
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