Litecoin has been accepted by several online casinos, which is why it may be found in many different places. As a result, you will have numerous chances to play your favorite casino games online without leaving your home. Furthermore, these online gambling sites provide players with great transparency and security, so you need not worry about the protection of your personal information. You will also be able to win some fantastic money from jackpot and progressive slots, live table games, and quick games.
Top Litecoin Online Casinos
This casino was established in 2016 and has over 2,000 games. It is a hybrid casino that accepts both fiat and cryptocurrencies. You can use Litecoin to deposit and withdraw at this casino. The minimum deposit is 0.001 LTC, and the minimum withdrawal is 0.002 LTC. The transaction time is almost instant.
This casino was established in 2017 and has over 1,000 games. It is a pure cryptocurrency casino that only accepts cryptocurrencies, including Litecoin. The minimum deposit is 0.001 LTC, and the maximum withdrawal limit is not specified. The transaction time is also almost instant.
This casino was established in 2014 and has over 2,000 games. It is a hybrid casino that accepts both fiat and cryptocurrencies. You can use Litecoin to deposit and withdraw at this casino. The minimum deposit is 0.001 LTC, and the maximum withdrawal limit is not specified. The transaction time is also almost instant.
4. Mars Casino
This casino was established in 2016 and has over 1,000 games. It is a pure cryptocurrency casino that only accepts cryptocurrencies, including Litecoin. The minimum deposit is 0.005 LTC, and the maximum withdrawal limit is not specified. The transaction time is also almost instant.
5. Oshi Casino
This casino was established in 2015 and has over 1,000 games. It is a hybrid casino that accepts both fiat and cryptocurrencies. You can use Litecoin to deposit and withdraw at this casino. The minimum deposit is 0.001 LTC, and the maximum withdrawal limit is not specified. The transaction time is also almost instant.
What is Litecoin?
One of the most famous crypto coins that are similar to Bitcoin in many ways is Litecoin. Charlie Lee, who was already working on cryptocurrencies and the blockchain, launched it. So he did not wait until he saw a golden opportunity to establish a new cryptocurrency. It was introduced on GitHub, an open-source platform, on October 7, 2011. Since the codes were published first, they came into existence five days later, on October 13, 2011. The value of the coin skyrocketed after it was released, and it soon became one of the top ten digital currencies.
Due to the similarity of Litecoin to bitcoin, it was determined that the token was developed based on BTC. However, LTC is considered a light version with modifications in the hash block, block duration of 2.5 minutes, and hard cap. According to a study published in 2021, approximately 66 million LTC are in circulation, with a maximum supply of 84 million. Because there is so much demand for this cryptocurrency, many businesses all around the world now accept it as payment. Over 2000 merchants have already been trading using this currency actively since its introduction in 2014.
Charlie Lee was one of the first miners after the LTC genesis block was introduced to the crypto market, and luckily, he is still mining today. In May 2021, LTC hit a historic high price of $386.45, making it one of the greatest crypto tokens to invest in. To meet the increasing demands, Charlie Lee established the Litecoin organization, which includes developers, miners, and other professionals from the whole team who manage Litecoin blockchain, coins, and other elements of the crypto domain.
Litecoin’s flexibility is one of its greatest features. The token isn’t simply a bitcoin duplicate. Rather, it’s contemporary crypto that has addressed several of BTC’s problems, such as limited market capitalization valuation, mining difficulties, blockchain overloads, and so on.
Why Is Litecoin Gambling Getting Popular?
Why has Litecoin gambling grown so popular among internet gamblers when people already have bitcoin, Ethereum, and other top cryptocurrencies? If you don’t know what we’re talking about, read on.
It’s simple to acquire, and it comes in big quantities.
The large coin supply in the market is one of the most significant reasons to use Litecoin for online gambling. The coins are accessible to everyone in huge amounts, which is why you’ll never run out of money or tokens in your wallet. Furthermore, because they are available on almost all internet exchanges, you won’t have to worry about obtaining them.
The transaction speeds are excellent.
You won’t have to wait long for a deposit or withdrawal to complete. As a result, you may begin playing the game as soon as you transfer money to the account. In addition, in nearly all online LTC casinos, the withdrawal speeds are fantastic.
The circulation value is on the rise.
Every day, an increasing number of coins are generated and put into circulation. As a result, you won’t have to worry about insufficient demand or negative supply chain problems due to a lack of supply.
The value of Litecoin is increasing.
One of the key factors that have made Litecoin gambling a popular trend is its ever-evolving cast. Price changes, on the other hand, benefit traders because of higher circulation limits and greater trade volumes. As a result, you won’t have to worry about the price dipping.
As a nameless user, it is possible to gamble anonymously.
Stealth transactions allow you to play anonymously and hide all of your information from other gamers or any third party, such as other digital currencies. Most casinos don’t even give the operators access to your data.
Where To Buy And Hold Litecoin?
Because Litecoin is one of the most popular cryptocurrency tokens, it can be found in almost every online exchange. As a result, you will not be short of alternatives. However, because there are so many choices, you must select the right option to prevent any future issues.
- The first thing you should do is verify whether the exchange’s wallet is compatible with the online casino where you wish to play.
- Finally, read through all of the conditions and restrictions to find out what limitations apply to purchasing cryptocurrencies and keeping them.
- Maintain a high level of security and protection on the exchange to ensure that you don’t have to worry about your personal information.
- After that, you must pay the transaction costs because the amount you must pay for depositing or withdrawing will include this fee. It’s preferable to stick to a normal price since if the rates are too high, your winnings will decrease, and if they’re too low, it’ll be difficult to rely on the exchange.
- Another thing to consider is the blockchain technology on which the exchange is based. It should be secure, simple to add hash blocks to the ledger and maintain transparency.
Litecoin casinos frequently have built-in wallets that allow you to store crypto coins. As a result, you won’t have to worry about constantly transferring funds into your gaming account or taking home the profits. However, make sure the wallet you choose has a low fee for holding currencies. Also, it would be beneficial if you determined how long you can keep the tokens without selling them back into the liquidity pool overall time frame.
How To Deposit With Litecoin At Online Casinos?
If you’re a novice player or haven’t dealt with Litecoin for playing online games, putting the tokens from the exchange into your gaming wallet may seem difficult. However, transferring the coins and making deposits can be done in minutes, which is why we’ve covered it in this tutorial The right way to move the coins and make payments
Choose a casino
Start by going to the website and selecting sign in or login in. After that, you’ll be prompted to create an account, which you must do using your Litecoin wallet. On the site, you may see various wallet alternatives. Make sure you have an account in the same wallet as these merchants won’t allow tokens to be transferred across accounts.
Prepare your DOGE wallet
After that, you must connect the wallet with the online gambling platform. To do so, first log in to the wallet and then input all of your information so that they may be linked.
Transfer LTC to the casino
If you don’t have Litecoin tokens, you may trade your existing cryptocurrency for them on a reputable exchange. To do so, sell your crypto and add it to the liquidity pool to acquire LTC. Your wallet will then contain a certain number of LTC coins that you may transfer to the gaming platform’s wallet.
Enjoy your game
Check the minimum fees you must put down to establish an account when you first sign up. Also, be sure to check the transaction charge so that you don’t lose any money. Then, after you’ve satisfied the gaming platform’s minimum deposit requirements, your account should have enough funds to play games and wager on them.
Litecoin Quick Facts
Let’s go into some of the most essential information about Litecoin now that we’ve discussed the basics. Before moving on to speak about several other key elements of Litecoin casinos, take a look at these few facts about this amazing cryptocurrency that has captivated the online casino industry.
- Year founded: 2011
- Max supply: 84 million
- Launch price: $0.1
- All-time high: $386.45
Slots To Play With Litecoin
This Booming Games slot is named after a crime-based concept, which is frequently linked with gun violence. It has a golden star as a scatter symbol, multipliers ranging from 1x to 15x, and two main symbols in the shape of a girl pointing a gun straight at you and a cowboy with two crossed guns. A K Q are the lower symbols, while J stands for the game’s conclusion. You may wager up to 0.2 LTC and 200 LTC on this game. There are 20 pay lines and five reels with multipliers located at the junction of each reel. The symbol of the girl offers the highest payout of 10 coins.
Totems of Gold
This Litecoin casino slot is set in India, which was once considered one of the wealthiest countries in the world. The wild symbol is a bearded old man with a feather crown sitting on his head and a guy with a gun depicts the scatter symbol pointed up. If you modify any of them, the line bet will change its minimum and maximum values. There are five reels with three rows each featuring two stacks of the scatter symbol, allowing you to win larger prizes if you match three bonus symbols. You’ll be asked to pick three totems at random after landing three Bonus symbols, and when you do so, an immediate prize may be revealed.
The Joker Heist is an online casino slot with a dark backdrop, intriguing icons, and some fantastic features. When the wild symbol appears on the reels, it activates multipliers up to 5x per bet line, and the maximum multiplier value you can win is 3125x. The scatters will appear on the 1st, 3rd, and 5th reels before a bonus game begins. There are fifteen pay lines with five reels and five rows in this game. Throughout its duration, this software provides some outstanding bonuses that you will enjoy.
What Other Games Can You Play With Litecoin?
With the use of Litecoin cryptocurrency tokens, you may participate in a variety of activities other than slots. The following are some examples:
- Roulette, Baccarat, poker, dice, and other casino games are all available.
- Table games include European roulette, Russian roulette, American Blackjack, video pokers, and other variants.
- It’s also possible to find an e-sportsbook that supports Litecoin, such as cricket, football, basketball, and others.
- You’ll be able to play with real money and virtual cash in both online slots and table games.
When picking an online casino, be sure to examine all of the available games on the site so you know what sort of casino games you may play. There are several different sorts of table games, live casinos, and other categories, which is why you will have a great time playing on the platform.
You must also comprehend how these games payout. If you’re new to table games, it’s better to learn the rules and play with smaller bets so you don’t lose money. Both table and jackpot games will offer you special incentives, and depending on your VIP club membership, you may be able to access different features.
Pros and Cons of Gambling with Litecoin
- Litecoin mining is considerably simpler with light hash blocks.
- It’s a highly secure and verifiable cryptocurrency that won’t expose your personal information.
- You may play nearly everywhere that accepts Bitcoin or Litecoin.
- The cost of trading Litecoin is less than other top-rated cryptocurrencies in the market.
- Because almost 66 million coins have been put into the liquidity pool up to 2021, the market circulation value is significant.
- Litecoin’s price is also rising, so you won’t be subjected to the cryptocurrency market’s volatility anytime soon.
- The supply of Litecoin is limited, yet certain crypto coins have a lot more.
- Litecoin mining time is 2.5 minutes, which is greater than most other cryptocurrencies.
- Additionally, the Litecoin blockchain incorporates features from the Bitcoin blockchain, so it isn’t entirely unique.
Litecoin Fees For Casino Deposits
The Litecoin deposit costs will differ depending on the circumstances addressed in the sections below.
- The first thing to note is that the cost of trading depends on the sort of exchange you’re using. Some exchanges, for example, charge a low value of $0.01 per transaction on average, with some topping out at $0.08 in extreme cases.
- The fee is determined by the exchange to which you send your funds. If you transfer Bitcoin into LTC and another cryptocurrency, any conversion charges will be added to the overall transaction cost.
- The deposit transaction cost of Litecoin is sometimes affected by the wallet you’re utilizing.
Litecoin vs. 3 Different Other Cryptocurrency
Litecoin vs Bitcoin
Litecoin and bitcoin might be compared. However, they have several distinctions. It’s considerably easier to mine LTC than BTC, for example. The bitcoin blockchain, on the other hand, is much safer and more secure than the Litecoin blockchain.
Litecoin vs Ethereum
As a result of these differences, you must be aware of the distinctions between Litecoin and Ethereum as an internet gambler. First, LTC was introduced to the market in 2011, four years after which Ethereum was created in 2015. Furthermore, whereas Ethereum is based on smart contracts, Litecoin is based on peer-to-peer transactions.
Litecoin vs Dogecoin
Although Litecoin and dogecoin are somewhat less popular than the other currencies discussed above, they have distinctive. For example, the Dogecoin supply and demand market is less active than that of Litecoin. Furthermore, Dogecoin is built on smart contracts, whereas Litecoin isn’t.
New Litecoin Casinos
With the rise in popularity of Litecoin tokens in the online gaming sector, it’s clear that more new casinos will pop up. In addition, Litecoin currency is incorporated into hybrid casinos, whereas the anonymous platforms are simply a few. As a result, we may anticipate an increase in the number of new secret casinos on the market in the future.
We’ve gone through all you need to know about Litecoin casinos, the token itself, and so on. As a result, you won’t have to worry about playing games or having an engaging experience with the online gambling platform. All you have to do now is select the proper Litecoin casino so that you don’t run into any problems later. Also, be careful when dealing with Litecoin tokens because no one will be held liable if they lose your money by mistake.
You will be able to play Litecoin games for fun, starting with traditional slots, high-end VIP roulettes, blackjack, Baccarat, and even e-sportsbook. As a result of all the many bonuses and other such incentives, you’ll be able to earn a lot of prizes.
Is it legal to play Litecoin slots at online casinos?
Yes, using Litecoin tokens to gamble on various sites is completely secure. This is because the blockchain on which it is traded is highly secured and transparent, ensuring that you will not have to deal with anything. In addition, your private wallet key and other information will be safe at LTC casinos.
What is the best way to withdraw LTC coins?
It's rather simple to withdraw Litecoin cash using the tokens. You must first calculate how much money you have in your account and then check the total amount you can remove each day, weekly, or monthly. Based on this figure, you may take out money, and if there is any additional left over, the casino will deposit it into your wallet every month as evenly invested funds. Transaction costs are frequently lower in order to allow you to enjoy the profits from online gambling sites.
What kind of games can I play on the Litecoin casinos?
Based on the Litecoin casinos you've chosen, you'll be able to play a broad range of slots. From traditional casino slots to games based on themes, you'll have a lot of choices. Furthermore, most of these games are produced by reputable manufacturers such as Pragmatic Play, Evolution Gaming, IGT, and others.
Is it necessary to submit KYC information when creating an account on a Litecoin casino?
When you create an account on a Litecoin casino, you must submit your KYC information. However, double-check that the data you provide is correct since it will be verified when making deposits or withdrawing.
Will the Litecoin online casino keep my personal information safe?
Yes, the Litecoin casino will keep your information secure until you give it to someone while playing live games or with the operators by accident.