Quote from: Awesomus Maximus on April 27, 2018, 09:47:02 AM

Quote from: haroldtee on April 27, 2018, 09:10:45 AM

- Deposit your LTC on any of the exchange address

While you probably don't need a Theter wallet, you certainly need a good LTC wallet. If you haven't figured that part out, I recommend using electrum for LTC. Keep most of your LTC locally in your electrum wallet.

That is a really good point and thanks for bringing that up with respect to my initial post. I skipped that since we are in the context of trading but in the real sense, it is important to always store your assets in a decentralized wallet with an address where you have the private key (you simply have no asset, if you do not have the private key to where they are stored) and never put what you cannot afford to lose on an exchange since if anything happens to the exchange, everything is gone. Just thought I should expantiate on that!

Quote from: Flight-87 on April 27, 2018, 10:10:40 AM

Quote from: Awesomus Maximus on April 27, 2018, 09:47:02 AM

Quote from: haroldtee on April 27, 2018, 09:10:45 AM

- Deposit your LTC on any of the exchange address

While you probably don't need a Theter wallet, you certainly need a good LTC wallet. If you haven't figured that part out, I recommend using electrum for LTC. Keep most of your LTC locally in your electrum wallet.

I am using Coinbase's LTC wallet to store my 8 LTC as sometime I need to send LTC to other CB users and I can do that without paying fees (email transfer). I guess Electrum is a software wallet stored on my hard drive which may be a safe option but I don't want to store my coins on my PC. So, Online wallets seems convenient for me. What's your thoughts on LTC wallet of Coinbase?

Just as I already said above. Coinbase offers a centralized wallet and you only have your public address. If you are holding long term, it is preferable if you are using a cold storage or at least a desktop wallet like electrum or exodus that gives you access to your private keys. You can just leave few of the coins you may want to transact with in your coinbase wallet but not all you have.