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There has been a renewed interest in cryptocurrencies in recent years, which is why Litecoin casinos are on the rise. The experts at our site can give you advice on how to go about Litecoin gambling and what casino games you can find there. So if you’re searching for Litecoin casinos you can trust, we’ve got you covered!Latest update 7 March 2023
Litecoin is a cryptocurrency, styled as LTC. Litecoin exists in a digital format without physical coins or banknotes. When Litecoin was launched in 2011, it was virtually a copy of Bitcoin due to its incredible similarity to the original cryptocurrency.
Litecoin was conceived as a solution to a number of Bitcoin users’ problems, such as transaction fees and the time it took to confirm Bitcoin transactions, that they faced when using the cryptocurrency.
In addition, Litecoin is both faster and cheaper than the more famous Bitcoin.
The average transaction time for LTC is 2.5 minutes (as opposed to Bitcoin’s 10-minute average), and the average fee for LTC is $0.0024 per transaction, versus $0.68 on average for Bitcoin.
With Litecoin, you are not limited to a bank, country, or corporation; rather, a network of computers (operated by verified users) checks your transactions in real-time. As a gambling currency, however, Litecoin functions much like Bitcoin.
Since its release in October 2011, Litecoin has been a favorite among users due to its faster transaction times, cheaper transaction rates, and the fact that it is a fork of Bitcoin.
Litecoin has always been a popular cryptocurrency, reaching a high of $44 in 2014, but it wasn’t worth much from mid-2014 to the beginning of 2023. However, things were about to change – LTC soared to $375 by the end of 2023 due to a new surge in cryptocurrency interest.
Litecoin, however, was not without controversy, as diehard crypto fans will already know.
Lee, the inventor of Litecoin, sold and donated all of his Litecoin tokens as the cryptocurrency reached this market high, making people wonder if things would collapse.
Fortunately, it hasn’t – the public’s interest in the altcoin hasn’t waned and it remains a popular digital investment for many people around the world.
Litecoin online casino sites accept LTC currency as payment.
Blockchain technology is used to confirm Litecoin transactions, which makes it harder for hackers to steal your virtual money or data. Like other cryptocurrency and online casinos, LTC casinos offer a wide range of games, including video slots, poker, roulette, baccarat, blackjack, live dealer games, lottery, bingo, and keno.
In case you’re new to cryptocurrency gambling, don’t fret too much – the majority of them function like traditional online casinos.
To begin playing at an LTC casino, you must register, provide some personal information, and deposit money. There will be bonuses and games on the site that will follow a similar structure, as well as the usual security features, including a license that allows it to operate legally.
It is important to note, however, that Litecoin casinos are still relatively new. The casinos sometimes reveal their software algorithms to prove that everything is fair as a way of combating the lack of trust some people still have in cryptocurrency – a practice that most traditional online casinos cannot comprehend.
Litecoin gambling doesn’t begin with signing up for an LTC casino, but with storing Litecoin tokens in a cryptocurrency wallet. What’s the process for acquiring, storing, and spending Litecoin?
Here’s how to do it.
Litecoin can be added to your portfolio in four main ways:
The last option is the easiest way to buy Litecoin. You can purchase LTC tokens online via the official Litecoin website, the same way you would order an object from an online store, or you can purchase them from an exchange using fiat currency (EUR, USD, etc.), then send them to your Litecoin wallet.
Cryptocurrency wallets will help you store your cryptocurrencies when you purchase them. If you want to store any cryptocurrency safely, you should use a hardware wallet, such as Trezor or Ledger, where you have control over your private keys.
Litecoin wallets, which use software, allow you to easily and securely buy cryptocurrencies using traditional fiat currencies.
Most online casinos that accept LTC give their players a good bonus. In this case, cryptocurrency payments are cheaper and faster for the casino than fiat ones, so the savings are passed along to you in the form of bonus money that you can use in the casino. Both you and the casino win with this deal!
A small note, though – these bonuses are rarely referred to as welcome bonuses or no deposit bonuses for LTC casinos. It is due to this that the majority of casinos that allow players to deposit in Litecoin also exchange the cryptocurrency for fiat in order to play casino games.
As a result, the casino can offer all the usual casino bonuses, such as sign-up bonuses, cashback, free spins, and no-deposit bonuses.
Although having plenty of Litecoin casinos to choose from can be a good thing, some of our readers might feel overwhelmed by the sheer number of options available and not know how to choose the right one.
There’s no need to worry, our team of experts can confirm that the Litecoin casinos listed on this page are all safe, legal, and trustworthy.
Using Bitcoin as a means of payment is safe and secure, and the quality of customer support is also important. We commit to thoroughly researching any gambling DApp to find any security risks. Several of the casinos on our site are licensed. Others have established a good reputation. If a casino seems untrustworthy, we don’t hesitate to let you know.
It is important that the Litecoin casino you choose has a license from a reputable jurisdiction. A valid license means the casino follows a set of regulations that, ultimately, ensures your safety.
A Curaçao casino is more likely to offer support for Litecoin gambling than a UKGC casino, a Malta casino, a Gibraltar betting page, or a Swedish casino.
Provably fair software is used to ensure that neither the players nor the casino can cheat at Litecoin games, making these cryptocurrency casinos the safest on the market. The majority of provably fair Litecoin casinos use blockchain technology, decentralized platforms, and software.
You can check the RTP scores and odds for each casino game since all information is usually transparent. A casino that takes such extra security steps is likely to care about its customers.
The best LTC casinos also get fairness certification from independent testing boards, such as iTech Labs, GLI, and eCOGRA.
Test out the responsiveness of customer support on all channels, such as phone, email, and live chat, to assess your Litecoin casino’s legitimacy.
Ideally, your LTC casino should offer all of these services 24/7 so you can quickly resolve any issues relating to deposits, withdrawals, and account verification.
As in the popular saying, “tell me who your friends are,” a good casino only affiliates itself with reliable and trustworthy game providers. In addition to creating fabulous new games that entice the senses, these providers use RNG technology (Random Number Generator) to ensure that every spin is fair and completely random.
The online casino cannot change the technology or RTP score of the games, so you can rest assured that everything is the same.
There are many great game providers available in the industry, including NetEnt, Evolution Gaming, NOVOMATIC, Greentube, Blueprint, Micrograming, Endorphina, Playtech, Wazdan, Pragmatic Play, and Red Tiger Games.
The most pressing question you likely have is what kinds of games Litecoin casinos offer. Since you’re here to play Litecoin casino games, let’s get straight to it.
The short answer is everything under the sun.
They all offer the games you would expect in an online casino, including video slots, table games like roulette, blackjack, video poker, baccarat, and craps, as well as live dealer casino games, lotteries, bingo, keno, and dice games.
While many LTC casinos accept deposits and withdrawals in the currency, they can also exchange it for fiat money or even bitcoin at times.
Deposits and withdrawals are extremely easy and fast with Litecoin.
While Litecoin payments take the same amount of time to set up as credit cards and e-wallets, they provide added security, faster transaction times, and greater bonuses.
Basically, it works like this:
You only need to follow a few basic steps to get started with Litecoin gambling.
You won your latest Litecoin gambling session – congratulations! Now it’s time to withdraw your funds.
Does Litecoin have any fees?
For deposits and withdrawals made in LTC rather than in another currency, Litecoin casinos do not charge any fees.
As with any cryptocurrency whose transfers are processed through Blockchain technology, there are network fees involved, which vary depending on how busy the network is at the time.
If you convert your Litecoin into a fiat currency, you may be charged a fee by your cryptocurrency wallet (usually a percentage). Nevertheless, even with these numbers combined, you will be looking at a fee of a couple of pounds/dollars/euros, which is hardly noticeable when compared to how much you’re transferring.
You should, however, always check the terms and conditions of your cryptocurrency wallet and your LTC casino of choice before you play.
Withdrawals are faster: Because Litecoin is not associated with any banks or entities, transactions are performed by a decentralized network of computers that don’t differentiate between working days and weekends. It is for this reason that cryptocurrency transactions are usually faster than traditional payments.
Better bonuses: Since gambling sites that accept cryptocurrencies actually save time and money, they tend to reward players with larger bonuses when compared to fiat casinos.
Transaction Fees: LTC transactions cost only a fraction of what you’d pay for traditional payment methods, as well as other cryptocurrencies, such as Bitcoin. It may only be a few cents at first, but it adds up!
Security: A blockchain casino is one of the safest online gaming sites in existence, providing you with an extra layer of security. This ensures that your money is even less likely to be stolen. All Litecoin transactions are anonymous since they have a public address, not your name or address. Authorities can discover it’s you, but other people are unlikely to know who it’s from.
Not every Casino: Despite the increase in casinos that accept LTC, they are still not a majority.
Licensing: It’s important to note that some cryptocurrency casinos, including LTC gambling sites, lack proper licensing – meaning you could end up putting yourself and your money at risk by joining them. In order to ensure that you only join a reputable casino, we have done the research for you and listed numerously licensed and legal LTC casinos on our site.
Value: The value of cryptocurrencies fluctuates greatly from one day to the next, causing some players to worry their deposits may not be worth much in the future.
Playing Currency: The majority of sites that accept LTC deposits do not allow players to play with LTC as a payment currency. You may need to use a cryptocurrency wallet to pay with LTC, but the casino will receive your funds in fiat money or it may need to exchange it by itself. Either way, there may not always be a favorable exchange rate.
In terms of gambling, does Litecoin offer any significant advantages over other cryptocurrencies? In a comparison of Litecoin to other cryptocurrencies, we look at aspects like security, speed, fees, and global usage.
In light of that, here are some key points you should keep in mind:
A few similarities can be found between Bitcoin and Litecoin: both are decentralized cryptocurrencies that use blockchain technology to record, authenticate, and process transfers. They are both available for purchase and mining, and both can be used as gambling tools.
It all seems good so far, but what about the differences?
Litecoin was invented to solve two supposedly major issues with Bitcoin: its cost per transaction, and its processing time.
Transactions using Litecoin work four times faster than those using Bitcoin, taking about 2.5 minutes on average (though a more realistic time would be 20 minutes as opposed to one hour for Bitcoin).
Litecoin, however, suffers from one major flaw.
In order to make transactions faster, it uses a new algorithm called Scrypt, which is not as secure as the SHA-256 algorithm used by Bitcoin.
In addition, Litecoin’s fee ($0.0024 vs $0.68) is noticeable only when people transfer small amounts of cryptocurrency.
The last point is that Bitcoin is the number one cryptocurrency by market cap since there is a cap on the amount that can be mined, but Litecoin does not have one, and Litecoin is not subject to such a cap.
There are certainly Litecoin gambling sites on the rise, but they are not as popular as Bitcoin casinos, and many games developers are developing Bitcoin-specific games