Home Beginner's Guide to Nexus Wallet

Beginner's Guide to Nexus Wallet

By Loshan and 1 other
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How to receive Litecoin on Nexus?

Before receiving Litecoin, make sure you’ve saved your 24-word seed phrase, as it's the only way to recover your wallet in case of loss or device change. 1. Tap the “Receive” button: You’ll find it on the main screen. 2. Choose the type of address: - If you want to receive Litecoin normally, use the address that starts with ltc1.... - If you prefer to receive privately, select the “Receive Privately” option, which starts with ltcmweb1.... Note: The person sending you Litecoin must also use a wallet compatible with MWEB for privacy to be preserved. 3. Share your address: Your address will appear in two different formats. - Alphanumeric code: Tap to copy it to the clipboard. You can also use the share button. - QR code: Can be scanned from another device to auto-fill the address. 4. Funds will arrive: The transaction will appear immediately in your wallet, and the funds can be spent after a single confirmation is received, within a few minutes. ℹ️ Transaction details you’ll see when receiving Litecoin: - The address the Litecoin was sent from. - The address it was sent to, and the change address. - The TX ID (Transaction ID), which you can use to check the transaction status on the Blockchain. - The network fee. - The exact date and time when the transaction occurred. - You can also add a label or personal note. If you want to view the status of your transfer from Nexus, simply tap “View on Blockchain”.

Last updated on Jun 19, 2025