The Top Litecoin Casinos in 2022
Lately, the interest in Cryptocurrencies has been at an all-time high, and gambling sites have taken advantage of this to initiate these payment methods into their services. Bitcoin might be one of the popular ones, but Litecoin is not far behind. Created in 2011 as a spinoff from BTC, Litecoin has now made quite a big name for itself.
There are now so many Litecoin casinos, and it supports everything from traditional games to sportsbook betting, and so on. LTC gambling has taken over the digital slave, and players 🧔 can now enjoy exclusive bonuses and promotions. The idea behind Litecoin was to create a currency that was faster and cheaper than Bitcoin, and in both aspects, Litecoin came through. It is no wonder why now, there are so many online casinos that accept LTC.
If this is all new to you, then you do not have to worry. This is a review of some of the trusted online casinos with Litecoin, how to choose the best one, withdrawals, deposits, and other important features you are probably curious about.
Let’s get into it:
The Best Online Casinos That Accept LTC 2022
Get up to:
100% up to 5 BTC + 170 free spins
All You Need to Know About Litecoin
LiteCoin is a cryptocurrency, which simply means it is not physical notes or money. It is a virtual currency that can only be spent online. When Bitcoin was first created, users had a few problems. The two major issues were:
- Transaction fees
- Speed of transactions
LiteCoin was our forward to solving these two problems and has been doing well. Firstly, the average transaction time for BTC is 10 minutes, compared to the 2.5 minutes ⏱ of the LTC. Also, blocks are generated much faster using Litecoin, which has made the speed of transactions way faster than it used to be. Compared to the Bitcoin charges of $ 0.68, Litecoin reduced this cost to $0.03. There, both problems have been solved.
With Litecoin, you can pay as many people as you want and perform as many small transactions as you want, all at the same time. Without an intermediary.
On October 13, Litecoin was released by Charlie Lee as an alternative to BTC. As a Google employee then, Charlie wrote the source code for LTC in his spare time. Its goal was to be the silver to Bitcoin’s gold 🪙 and touch up on some of the important issues nagging this currency, all of which he achieved, making it one of the largest cryptocurrencies even till today.
LiteCoin was a fork source code of BTC core, with a slightly modified GUI and a Scrypt hashing algorithm, as different from the SHA-256 that BTC employed. By November 2013, LTC experienced an exponential leap in its aggregate value, even recording a 100% increase in just one day!
In May 2017, the first speedy transaction was performed on the network by transferring 0.00000001 LTC from Zurich to San Francisco in under a second. This was the same year Charlie Lee left his Director of Engineering job at Coinbase to pursue the full development of Litecoin.
You will realize soon that using Litecoin works the same way as every other currency in a crypto casino. This is a rather new development. To ease this process and ensure trust between them and the client, some Litecoin casinos will usually show their software algorithm to prove their games are provably fair and their service is trustworthy.
Now that we have gotten that out of the way, we will be listing a step-by-step guide on using Litecoin at online casinos. If you happen to have LTC and plan to use it in a Litecoin online 🎰 casino, follow these steps, and the process would be as easy as ABC.
Choose A Litecoin Casino
We have curated a list of some of the best Litecoin sites. Now, you don’t have to scout the internet looking for the right Litecoin gambling platform 💻. From the above list, you can make a final choice based on which of the Litecoin casinos offer bonuses that are great for you. After making your pick, you can go to the next step.
Now that you have picked a casino, the next step is to register as a member. The Litecoin casinos would not perform financial transactions or accept a deposit from an unregistered or unsecured account. At this point, you would need to enter all the necessary details into the required field, create a username and password, then sign in.
After successfully signing in to your newly created account, it is time to make a mobile 📱 casino Litecoin deposit. More on this would be discussed subsequently, but generally, all you need to do is go to the banking section of your casino and choose LTC as a deposit method.
Now that we have discussed the steps to signing up into online casinos accepting Litecoin, that’s now, by the way. The most important step now is how to purchase Litecoin tokens and properly store them in a crypto wallet for safety. Taking it one step at a time, let’s look at how to buy Litecoin.
Choose an Exchange
This is usually the most common way to purchase Litecoin. Choose a trusted crypto exchange like Coinbase or Gemini. The most important feature you should keep in mind is the security of whatever exchange you choose. Do you want to know if there have been any security breaches in the past? Or any report of stolen funds? You want to make sure that all your information is going to be stored properly.
Set Up an Account
Once you have chosen your preferred exchange, you want to set up an account. Depending on the brand you choose, this step might differ. However, the general instruction is the same. Click “sign up” or “register” from the home page; then you would be transferred to another page where you will need to fill the required fields:
- Phone number
To make the process even more secure, crypto exchanges undergo a “KYC” stage. This Know Your Customer is required to verify your identity before Litecoin transactions can take place.
This is the next question to ask yourself as soon as you have set up your account. How much of this currency do you want to buy? Crypto is very volatile, and prices might drop as quickly as they skyrocket. You don’t want to stock up much more than necessary, so you wouldn’t run at a total loss if the prices come down. Periodic investments are a great way to stock up on Litecoin tokens.
Now that you know how much Litecoin you want to purchase, it is time to go ahead and buy one.
Now, this process differs according to brands and depending on what methods you prefer. You can decide to:
- Bank transfers
- Credit cards
- Debit cards
NB: Some brands like Binance offer services to exchange 💸 the currencies you have for another. For example, BTC for LTC or ETH for LTC. Just be aware of the rates before using this.
After buying Litecoin, this is the next major step. Deciding on a wallet can be a hard decision for gamblers for various reasons, the most important ones being security and accessibility. Without wallets, you can not make crypto transactions in a Litecoin online casino. How? Here’s why:
Digital wallets store the public or private keys, plus the cryptographic information needed to make transactions. Without these keys, you can’t send or revive any Litecoin, and without the wallets, you can’t store these keys. It’s that simple.
Some of the best Litecoin wallets are:
- Luno wallet
The competition between casinos is at an all-time high right now. For this reason, so many sites now offer amazing bonuses to keep their clients utterly satisfied with their services. LTC casinos are not any different. There are so many different incentives meant for new and loyal customers.
A major bonus for newbies is the welcome packages which might fall into any of these categories:
Deposit Match Bonuses
This particular Litecoin deposit is given according to the size of your first deposit. As the name implies, the casino gives this to match whatever amount you paid.
For example, you paid LTC 20 into your casino account for your Litecoin 🪙 gambling. If the casino offers a 100% deposit match bonus, this means that you will be getting an additional LTC 20 as a bonus to play as many casino games as you wish. However, if you pay above the minimum deposit, you will still be getting only a 100% match bonus of that deposit.
No Deposit Bonuses
This is a highly coveted one by players. Here, casinos do not require any deposit before you qualify for this bonus. All you have to do is sign up, then claim it. It is popular amongst players because it enables them to get a feel of the casino without making any deposit.
Loyal customers usually get more regular bonuses like:
This can be given weekly or monthly, and the percentage depends on your VIP🌟 level in the LiteCoin sites. This means that, for every first deposit of the week/month, you are given an additional percentage to help boost your cash to play more games.
This also depends on your VIP level in any of the LTC casinos. Every month, they return you a certain percentage of your total loss. This is just a means of encouraging players and giving them more incentives to continue making deposits and playing more games!
Now that we have quite the number of Litecoin sites on the market, it has made it increasingly difficult for players to make the right choice when it comes to picking the best one.
A Legit team carefully reviewed the above list according to major criteria. However, if you wish to make your private findings on Litecoin gambling casinos, here are the important features to look out for:
An unlicensed casino can not assure you of safety, no matter how juicy they try to coat it. You must only play your Litecoin games in a reputable casino with a trustworthy license and proof.
Usually, you can find their licensing information at the bottom of the page, no matter what section of the casino you are in. Reputable gambling commissions are:
- The Curacao gaming board
- Malta gaming authority
- Gibraltar gaming association
A Litecoin site with a license only proves a regulatory board that constantly checks ✅ that every service they provide is reputable and fair.
A casino without a good customer care team should be avoided. Usually, players don’t take this section of a casino seriously enough. They are often more concerned with the games and bonuses that they forget just how important this is until they encounter a problem that needs urgent attention. A great casino Litecoin will ensure that they have:
- Email address
- Live chat
- Direct phone number
Before choosing a casino, you want to be sure they only offer provably fair games and a low house wage. Gambling itself might be a risk, but you stand a better chance of winning if the games are fair. Most sites go the extra mile by acquiring a Random Number Generator (RNG) certificate to assure users that they do not influence the outcome of any game.
It might be difficult to cheat in Litecoin and bitcoin casinos because every detail is displayed transparently for everyone to see since it uses blockchain technology.
Any casino that forms a reputable relationship with a good software provider is one to be trusted. Why?
These providers use an RNG, which means on top of the fabulous games 🚀 they produce, they also make sure that every roll and spin has a completely random odd. Some of these providers are:
- Evolution gaming
- Microgaming, and so on.
We have come to the fun part. Games. This is what every Litecoin player has been waiting for. What games are available in casinos that accept Litecoin? The answer is a whole lot!
Like a traditional fiat casino, the Litecoin sites offer a wide catalogue of games. Some go as far as making some of these games exclusive to only casino Litecoin players. For a better idea, here are a few options to expect:
This is one of those classic games that never go out of style in casinos. It is a fun game, and so many Litecoin platforms make many variants available to provide great gameplay for their clients.
In this game, a player must beat the dealer without going over 21. If Litecoin blackjack is your favourite, these casinos offer some of the widest variants of this game:
- Crypto games
Practically all Litecoin casinos offer different variants of slot machine games to their customers. It is one of the oldest games ever to exist and does not require any special skill. It has a set of pictures that may be called wild or scatter symbols. After putting in money and spinning this, you win if the set of symbols aligns across the reels.
If this is one of your favourites, then here are some of the above casinos that offer a wide variant of them:
Unlike slots, these games require a little bit of luck ☘ and a whole lot of strategy. Some gamblers might shy away from this, but it remains one of the most popular games to exist in casinos.
Some gamers also use the live poker games option if they are looking to play a real-life experience.
Some casinos that these options are:
- Betcoin casino
In this casino roulette, this game 🎲 is played by betting which colour of the compartment wheel their ball will rest upon. It is also a game of luck that requires absolutely no skill or strategy.
Some casinos that offer these are:
- Crypto games
In one of the above paragraphs, we touched lightly on how to make deposits in casinos that accept Litecoin. However, this section will extensively discuss all the payment options and the right way to pay in and cash out your winnings on these sites.
Depositing Litecoin in casinos might be a little more complicated than the usual traditional fiat, but you should find it as easy as ABC with this guide.
Let’s get into it:
- Log in to your casino account
- Go to the casino’s cashier or banking section, depending on the site you’re on. After clicking on this, it would take you to a whole other page.
- Select “Litecoin” as your preferred deposit method 💳
- The casino would give you its unique address, which you have to copy, or a code to scan.
- For the next step, you paste this address into your LTC wallet
- Input the amount of coins you want to transfer
- Authorize this transaction, and click deposit
- It should be done in a few minutes, and now you can play as many games as you like
Maybe you have earned something, and now you’re looking for how to withdraw your earnings into your wallet. It’s just as easy as the deposit. All you have to do is:
- Go to the cashier or banking section of your casino
- Select Litecoin on the list of withdrawal methods
- Input the amount of money 💰 you would like to withdraw
- Then paste in your wallet number
- Confirm the transaction, and then wait for it to come through
Withdrawals take a little more time than the deposit due to protocols, and you should get your money from a few minutes to hours, depending on the casino you’re in.
Casinos do not charge any players an extra fee for depositing or withdrawing using LTC tokens. However, there are extra fees like:
- The Litecoin charge of about $0.03 to $0.04 for blockchain transactions
- The casino fee if it would converting your LTC into fiat currency
- Your crypto wallet transaction charges
Nevertheless, even when combined, these charges do not add up to anything exorbitant, and you would hardly feel it. However, you want to read your casino and crypto 🪙 wallet’s terms and conditions to be sure their charges are a good deal for you.
Blockchain technology is known for its strict security 🔒 measures, and by employing crypto for your financial transactions, you are assured of complete security over all your payments.
Unlike the traditional bitcoin fees of about $0.68, or the expensive fiat charges, LTC is a cheaper way of making bulk payments across the world.
Litecoin is way faster than other 💳 methods. It generates blocks faster, about four times better than even BTC. You are sure to get your payments in the shortest possible time.
Some casinos offer better bonuses to LTC gamblers because they have realized how much money and time this Litecoin method saves them. This way, they give bigger bonuses to incentivize other players into using this method.
- Not all Casinos accept this option
- Cryptocurrencies can be volatile, with prices increasing today and decreasing tomorrow
- Some casinos might accept Litecoin but would prefer to change the currency to fiat, which might not be favourable for exchange rates.
The short answer is yes. The major problem might be finding a properly licensed 🌟 casino that accepts this Litecoin currency, and we have already solved that for you. Go through the above list and pick a casino that accepts Litecoin to enjoy a better, fast, and bigger gaming experience.