I’ve used VeraCrypt successfully to encrypt volumes/folders.
It’s worked great for me, although I recently started encountering issues accessing files but it seems the problem is with my external and not with the encryption method. Hopefully I can recover those files someday. Backup your backups and then backup again.
My volumes are PLAIN dm-crypt encrypted (i.e. LUKS without the LUKS bells and whistles) and the key is stored on my Vivokey Flex implant.
I mount them using scripts that combine crypsetup and vivokey_pam, with the ubiquitous ACR122U RFID reader: the systemd service file calls my script, I present my implant to the reader and voila: the volume is mounted.
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