Litecoin is a payment method, used to deposit funds. To start a gameplay in an online casino, you will need to place a deposit into your bank account via Litecoin. Funds are usually processed within several days. You just need to check if there are any extra charges imposed by Litecoin and the selected online casino.
How to Choose the Best Litecoin Casinos
If you want to obtain access to fast payouts, you need Litecoin casinos as your first choice. While Bitcoin is generally regarded as a number one cryptocurrency when it comes to easy payments, Litecoin occupies the honorary second place on the list of popular crypto. To acquire Litecoin currency for your gaming, you have to follow a simple process that is described in more detail below:
- Create a wallet online and make sure you have provided valid information;
- Confirm personal data and contact information to create an account;
- Buy instant Litecoin to play slots that you have chosen for gambling;
- Look for gambling sites that are ready to accept Litecoin as a form of payment;
- Make sure your gaming wallet and Litecoin wallet are compatible;
- Play the games from top providers without the need for a real casino.
Opening a Wallet at Litecoin Casino
Players that already have a crypto wallet do not need to create a separate account for Litecoin casinos. If you are new to gaming, you can select from the most common types of online wallets that are available to the players.
Once the players have confirmed the contact information and banking data to process the transactions, they are allowed to have privacy online. Encryption permits the gamblers to conceal their gaming operations and conceal the amount of payouts from third parties. You can buy LTC from Litecoin casinos using the following methods:
- Find LTC currency in your wallet;
- Check the price of a single coin;
- Select the amount of coins for purchase;
- Check the balance on your wallet
Please keep in mind that the value of the coin is permanently fluctuating. Based on the payment method that you have chosen while playing online, you may be restricted in the amount of coins allowed for one transaction.
To match the gaming account with Litecoin wallet, you have to visit the cashier section of the site. You will find a link for Litecoin payments that will redirect you to a page with wallet information. After you have checked the balance, the fees will be transferred to the sites that you have chosen for your gaming. Make sure that Litecoin casinos have received their license in a legally acceptable way.
Litecoin Gambling: Bonuses and Limitations
In case you are gambling at an online casino that accepts crypto payment, you will most likely get welcome bonuses that include:
- Deposit match bonuses. Deposit bonuses are distributed among the players that register at the casino for the first time. The amount of a match bonus depends on the size of the deposit you have made while signing up. If there is a 100% deposit match bonus, the amount of your first deposit will be doubled.
- No deposit bonuses. No deposit bonuses are one of the most favorable deposits at Litecoin casinos. You don’t have to make a deposit to receive the bonus. In order to claim the reward, players need to retrieve the bonus from the casino that accepts this type of promotion.
Litecoin Casino Pros
✓ Bonuses. It is more beneficial for casino sites to use crypto as a payment. The funds that are saved as a result are later used for welcome bonuses and promotions. There are providers that use Litecoin casinos to promote cryptocurrencies.
✓ Safety. Crypto is a decentralized payment system that allows casino sites to maintain privacy. Knowing that your contact information won’t be revealed to third parties, copied, or compromised makes players choose LTC casinos as preferred game locations.
✓ Speed. Payments at regular casinos can take up to 6-10 business days. Unlike traditional casinos, LTC sites can process your transaction instantly. In addition, there are no intermediaries between the casino sites and players, so the transfers are restricted by network connection only.
✓ Fees. The majority of casino sites online do not request withdrawal payments, but there are some that still do. With Litecoin casinos, you are going to cash out less on payouts compared to the usual banking methods.
Litecoin Casino Cons
🞪 Popularity. Bitcoin remains the number one choice among the players when it comes to crypto casinos, with Litecoin being the second choice for those who agree to play for the first time.
🞪 Acceptance. Some online casinos do not accept LTC currency as a proper withdrawal method. In this case, the players have to cash out using traditional payment methods without receiving the benefits of a crypto casino.
Is it safe to play at Litecoin casino?
Yes, Litecoin casinos are safe and secure. However, we recommend checking casino reviews first. In addition, you need to make sure that the gambling site has received its license legally. Considering the level of security at Litecoin, it is not likely to be hacked, but you still need to set up protection for your account, private keys, and wallet.
Do all casinos accept LTC payments?
At the moment, there are casinos that still do not accept LTC as a form of payment. However, the players can hope for the tendency to change as Litecoin gambling is becoming more relevant. It has a number of impressive benefits, such as safe transactions, fast payouts, and lower fees.
What is the minimum deposit I need to make?
Litecoin casino does not have a strict limit regarding the minimum amount of deposit the players need to make when they get enrolled. However, some of the casinos that you will find online may still have a minimum deposit required. In this case, you need to contact customer support for help.
What is the maximum deposit required for the game?
Litecoin system does not have a strict code regarding the maximum deposit limit you can make online. However, the best Litecoin casinos still have certain deposit levels established for regular players. Make sure you know the site’s terms and conditions before you start playing.