Digital assets are one of the highest priorities in IT systems. Whereas e-money used to be a payment method in the black market, BTC and Altcoins are now regarded as full-fledged means of payment. And even in gambling, online casinos using Litecoins and Bitcoins are no longer uncommon. Before the Ethereum wave hit the cryptocurrency community, Litecoin was the second most popular digital currency after Bitcoin. Litecoin is now one of the top 20 cryptocurrencies.
The administration of gambling services is as interested in improving the quality of service as the customers themselves. This is why the management of such organizations increasingly sees gambling with Litecoin as a convenient and safe way to make deposits.
Litecoin is one of the most popular alternative currencies on the electronic asset market. The coin was first released in 2011 and is based on the open-source code of another well-known cryptocurrency, Bitcoin (BTC).
Transfers made in digital currency are made transparently and as quickly as possible. Classic (fiat) money can take up to several days to reach the account in case of suspicion by the bank. Sometimes a special confirmation is even required. Transaction of Litecoins from one wallet to another takes an hour at maximum, depending on the current load on the P2P network.
The user also pays minimal or no fees when depositing the e-currency. When making a transaction, the sender only pays a fee, which is a blockchain fee.
Another advantage of electronic assets is their strict anonymity. Many users are concerned about the security of their personal data and try not to disclose it to third parties. Thanks to cryptocurrency and its encryption principle, playing at the best online casino with Litecoin is completely secure. The blockchain system does not identify the recipients and senders of the coins in any way, which guarantees anonymity when making transfers.
Litecoin offers players impressive advantages when playing at Litecoin online casino:
The best LTC gambling sites will allow you to try your skills and try your luck at gambling before spending your own money on online entertainment.
Reliable and secure Litecoin casinos use modern encryption methods to protect important customer information and operate under a license issued by a prestigious commission (e.g. Malta, Curacao). All deposits and withdrawals at cryptocurrency online casinos are secured using blockchain, guaranteeing secure transactions and protection against fraudulent schemes. In addition, companies pay attention to responsible gaming rules and introduce special features on the platform to protect customers from gambling addiction. It is also not uncommon for websites to publish the addresses of help centers for those faced with a gambling addiction.
When choosing a Litecoin casino, be sure to consider the above points. Information about licenses and security certificates is usually publicly available at the bottom of the website.
Litecoin gambling sites are identical to traditional gambling sites. You’ll find thousands of familiar games, even Litecoin crash gambling from well-known suppliers is possible.
Roulette is a casino game where players can place bets on individual numbers, different groups of numbers, colors (red or black), even or odd numbers, and ranges (1-18 or 19-36). To determine the winning number, the dealer runs the wheel in one direction and the ball in the other. Subsequently, the ball loses momentum and drops into one of the sectors marked with a number and a color. The winnings are then distributed to all players whose bets have been played.
Litecoin casino Blackjack is a card game that uses several decks of 52 cards. Blackjack is played at a semi-circular table with one dealer and up to 7 players. The game aims to win by gathering a combination whose total number of points exceeds the dealer’s combination but not more than 21. Players can also forfeit additional cards in the hope that the dealer will be overmatched.
Litecoin craps is a Litecoin casino dice game where players bet on the outcome of a pair of dice rolls. Craps involve one or more players. They compete against the casino and not against each other.
Video poker on Litecoin is a casino game based on the rules of five-card stud poker. Some types of video poker on Litecoin feature progressive jackpots and other bonuses.
Baccarat on Litecoin is a card game that compares combinations of two hands: the “player” and the “banker.” The dealer deals the cards face up – two each to the player and banker’s hands. Whoever has a card sum closer to nine wins.
Litecoin Casino features hundreds of the best LTC casino games: slots games from renowned manufacturers with years of experience. You’ll find everything from traditional 3-reel games to more advanced slots with various bonuses.
Players can use Litecoin for live dealer games. You can find live casino games ranging from run-of-the-mill blackjack and roulette games to game shows like Monopoly Live or Dream Catcher. One of the options used to attract customers to the Litecoin live dealer casinos is the bonus and loyalty program.
One of the main advantages of online casinos is bonuses. Litecoin casinos offer them, too, including free spins, deposit bonuses, LTC casino no deposit bonus codes, and so on, just like regular casinos.
The most common type of bonus at Litecoin casinos is the welcome bonus. New players receive it with their first deposit. Offers for regular players at Litecoin casinos include reloading bonuses, dedicated cryptocurrency bonuses, free spins, and other promotions. To get the most out of your casino bonuses, pay attention to the churn requirements and only play games that count towards them.
8. Apr 2021Player Beats Bitstarz Record With $1.35 Million Win
Casinos that accept Litecoin come in two types: pure cryptocurrency casinos and hybrid casinos. In the former, the player can only use digital currency for transactions. And in many, the choice is not just limited to Litecoins.
In hybrid casinos, apart from Litecoin and other cryptocurrencies, fiat is also available through traditional payment methods (bank cards, e-wallets, etc.). The working principle of the gambling platforms is identical. A player registers to choose a convenient way to make a deposit, bet on his favorite games, and withdraw his winnings. The Litecoin Casino is easy and quick for everyone to get used to.
The Litecoin cryptocurrency was originally created as a simpler, more accessible, and peer-to-peer payment method. Today, it is an established digital currency that is easy to buy on exchanges. More and more gambling platforms are integrating it as a payment method, so the number of Litecoin casinos is growing, and new sites with their LTC casino no deposit bonus, promotions, tournaments, and games from well-known providers are appearing.
To make digital transactions, you must have an online wallet on a P2P network. You can deposit money into your wallet using cryptocurrency exchanges or online exchanges.
The following is a step-by-step process:
Although online casinos may have different interfaces and apply specific withdrawal rules, the process generally involves a few simple steps that are more or less applicable in all cases.
Litecoin, like Bitcoin, is a decentralized blockchain cryptocurrency. Litecoin gaming is legal in almost all nations and jurisdictions because it is not officially a currency and hence is not regulated. As a result, even governments that have banned gambling in general usually do not take a position on LTC online gambling because no money is officially wagered in the eyes of the law. Despite this, there may be some variance between countries as rules and regulations struggle to keep up with innovation, so it is essential to check frequently.
For unregistered customers, there is an opportunity to play in test mode without spending personal funds. All bets and winnings are made in digital currency. Playing games in test mode allows you to gain experience and learn gaming strategies in practice. All player’s actions on the virtual gaming platform are completely anonymous. All transactions in the gaming space with digital currencies are carried out confidentially, under the client’s full control.
The main advantages of LTC online casino are the following:
Mobile applications with Litecoin are available on virtual gaming platforms. All distributions are freely available on gambling sites and can be used by casino customers at their discretion. The functionality of mobile casinos with cryptocurrency is in no way inferior to the format offered by the official website.
The Litecoin blockchain is protected by the Litecoin hashing network, which consists of thousands of miners. By independently confirming the blockchain record, these miners all work together to ensure the system is free of corruption or manipulation.
Players can choose between Winz.io, mBitcasino, BitcoinCasino.io, and BitStarz Casino to gamble with Litecoin.
These cryptocurrencies are similar in their characteristics. Only Litecoin has faster transfers and lower fees. However, there are many more casinos and gambling sites with Bitcoin.
Yes. Gamble with Litecoin is entirely legal in almost all nations and jurisdictions.
Before registering with a gambling site and playing for real money, make sure LiteCoin casino is licensed (Curacao, UK, Malta, etc.), offers 24/7 support and licensed software, follows responsible gaming rules, and ensures customer data protection.