The past few years have seen a massive surge in the number of people using digital currencies to gamble. These revolutionary payment technologies are slowly taking their place in the mainstream which makes them easier to find and use than ever.
So, if you are trying to find online casinos that accept Litecoin, you will not need to look too hard to find great options. This guide breaks down the most important highlights you need to keep in mind as you prepare to gamble with Litecoin.
But before that, here are some of the amazing Litecoin-friendly online casinos that we tried:
Litecoin (LTC) was developed back in 2011 by Charlie Lee as an alternative to Bitcoin which was already considered to be the default digital currency at the time. While it was meant to give users a viable alternative, the digital currency was based on several of the core principles of the Bitcoin platform – it is often described as Bitcoin’s smaller sibling. This is one of the things that contributed to its growth and adoption among the members of the crypto community.
Users still got the amazing features of decentralization. Moreover, was still based on a peer-to-peer network with no middle-man required to validate or even facilitate transactions.
But what really sets Litecoin apart?
Well, the difference is arguably very small but for certain groups of people such as online gamblers, these have a huge impact on their experiences.
The defining feature of the Litecoin Network is that it can process transactions faster and at lower costs when compared to Bitcoin and several other digital currencies. Transaction confirmation is extremely fast which makes it ideal for businesses where funds need to move fast. Ideally, this should be the standard way of operation for other payment methods as well.
Using Litecoin for real money online casino gambling is already very common. With the right guide, you can find some outstanding online casino sites that let you use it as a payment method. The best thing about this is how familiar the process is regardless of whether you are making a deposit to your casino account or withdrawing your winnings.
Litecoin might be a popular payment option in the online gambling world but, like other payment options, it has some strengths and weaknesses. It is very important to pay attention to these as they will help you decide whether Litecoin will truly meet your needs.
| Hits | Misses |
|---|---|
| Very low transaction processing fees | Volatility is still a concern with Litecoin just as it is with several other digital currencies |
| Super-fast transaction processing | Accepted at only a select number of online casinos |
| Some casinos offer special bonuses and promotions exclusive to Litecoin users | — |
| High levels of safety and security | — |
| Litecoin allows lower minimum deposits for casual and higher maximum withdrawal limits | — |
| Players win even more if the value of Litecoin happens to go up | — |
Yes. Litecoin online gambling sites are similar to other online casinos which means that you will have access to wide a variety of games that you can play with real money. It all comes down to your personal preferences. If you are having trouble choosing, we have listed some of the amazing real money casino games we have tested with Litecoin.
If you are into online gambling, chances are trying to find as many options as possible. This also applies to the list of available payment methods that you can use to fund your account and withdraw your winnings. While Litecoin certainly has a lot going for it, it might not be the best method for some people. Thankfully, there are several equally great alternatives that you can try out. These include:
Litecoin support at online casinos has grown immensely over the past few years. Even though it is yet to be available at every iGaming site on the internet, it is slowly becoming a popular option in the gambling community.
Not many other payment options can offer the perks that Litecoin does and this is a standout feature, especially for newbies looking for safe, reliable, fast, and affordable ways of moving their funds while gambling online. Should you choose to use it, you can expect to be treated to nothing short of a memorable experience.