I am running Electrum (for Bitcoin wallet) along with Google Authenticator on a factory reset Android phone (which I no longer use as a phone). It's the only two apps I have installed on it and I put it in Airplane mode right after using it.
This seems to be a pretty safe way to have a cold wallet right? I'd think anyways.
I was wondering which is the best wallet for Litecoin on the Android, if there is one?
Any wallet that is not connected to internet is safe. about what is best litecoin wallet for android devices. i think the best wallets are coinomi, jaxx and loafwallet. I dont use those wallet because i have no plans to hold altcoins for long term but those wallet are the most recommended to hold not just for litecoin but also for other cryptocurrency except loafwallet which is for litecoin only.
I've heard some wallets are giving an ability to the users able to take their private key from the application itself. Jaxx and coinomi did it.
It doesn't matter how many coins have been stored in your mobile wallet as long as you can get your dat file or private key and you will be safe.