how to receive litecoin on electrum

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Lite.im announced on Twitter a few days ago that the new app would allow Litecoin users to send and receive payments using SMS. More than 2 billion Facebook users investing in Litecoin can be executed in a simple way that investors and users can now send and receive LTCs through Facebook Messenger.

how to receive litecoin on electrum?

At the time of writing, at least 1,450 BTCs worth about $11.6 million had been stolen from phishing attacks that faked Electrum upgrade tips. DeViable Security Labs hereby suggests that versions of Electrum below 3.3.4 are vulnerable to such phishing attacks, and users using Electrum Wallet are requested to update to the latest version of Electrum 3.3.8 via the official website (electrum.org), which has not yet been officially released, and do not use the link in the prompt to avoid asset losses.

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According to recent LTC news and updates, the Litecoin Foundation has moved from the previous Electrum Multi-Signature Wallet to BitGo Multi-Signature Wallet to simplify money management. The Litecoin Foundation warns users to be vigilant when donating because they recommend stopping using the foundation's previous address. Litecoin (LTC) remains the seventh-highest-value cryptocurrencies on the market, above BNB and below Bitcoin SV (BSV).

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In a forum post on Bitcointalk, website administrator Theymos explained: "If at any time in the past you've logged in to Electrum without a wallet password and opened a web page, your wallet might have been stolen." Particularly paranoid people may want to send all bitcoins (BTCs) from their old Electrum wallets to the newly generated Electrum wallet. "

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Bitcoin desktop wallet client Electrum has released a 4.0 beta version, adding several important updates, including support for the Lightning network, nearly a year after the previous version of Electrum, 3.3.8 (last July). In the 4.0 beta version, Electrum mainly added features such as PSBT (partially signed Bitcoin transactions), Lightning Network, watchtowers (暸 watchtowers) and Submarineswaps (subliminal switching). (Github)