Litecoin (Ł), like Bitcoin, is a decentralized P2P currency based on blockchain technology. It is one of the earliest altcoins started in October 2011 based on a modified Bitcoin base code. The total market cap of all Litecoins is currently over $4 billion, falling just outside the top 20 largest.
As a cryptocurrency, it doesn’t have the backing of a country’s central bank, and its value can fluctuate wildly based on supply and demand.
Bitcoin casinos accepting LTC are neither unusual nor out of reach of players from the United States. However, as you can imagine, some are better than others for many reasons. Cryptocurrency casinos are becoming increasingly common largely in part due to the faster payment methods and many other bonuses available. We’ve provided our list of the best Litecoin casinos and an accompanying review. It goes in-depth into available software providers and casino games: slots, roulette, video poker, Hold’em, Stud, blackjack, live dealer, and specialty games (keno, scratch cards, and bingo). Learn about the new player welcome offer, regular player promotions, and the bonus wagering requirement & T&Cs. Litecoin and other cryptocurrencies, like Bitcoin, Bitcoin Cash, and Dogecoin, have advantages over American dollars. USD deposit methods are typically limited to credit and debit cards (Visa, Mastercard, AMEX, and Discover). USD withdrawal methods are equally limited, often involving a bank wire transfer and physical check. Transactions take longer to process and likely come with casino fees and higher minimum withdrawal thresholds. When you know the advantages of LTC casinos, it becomes evident why players in the United States often prefer crypto coins over fiat currencies, including USD: Players can purchase Litecoin on several crypto exchanges using USD, including Kraken, Coinbase, Huobi, Bitstamp, and Coinmama. Litecoins purchased should be stored in a crypto wallet for safekeeping. Keeping them on an exchange may be possible, although not advisable. Payment methods to purchase Litecoins may include bank transfers, debit cards, credit cards, cryptocurrencies, PayPal, and/or Western Union. However, each crypto exchange determines accepted payment methods. Peer-to-peer networks eliminate a third-party intermediary and may have lower transaction costs and faster settlement times. There are many P2P exchanges available online. A less practical option is to sell goods or services for Litecoins. Although it’s possible to mine LTC, the activity can be problematic for a few reasons: An LTC wallet is a digital place to store your private keys to keep Litecoins safe. Several crypto wallets are available, falling into software, hardware, or exchange wallets. Each allows players to send and receive Litecoins and store them when not used. The online casino industry has made big changes in recent years to make integration of different cryptocurrency wallets much easier, and now many of the best litecoin gambling site options have seamless integration, and now players can start playing casino games with their litecoin wallet without any delay. There is much more to being the best Litecoin casino than just deposits and withdrawals. We’ve done our homework by asking the right questions, and put our answers into an accompanying review for each casino examined: So you’ve found an LTC casino and are ready to register a new player account. The good news is that it’ll only take a few minutes, after which you’ll be ready to make your first and subsequent deposits. Only players who initially deposited LTC are eligible to use this withdrawal method for cashouts. It’s a standard requirement regardless of the payment method you use. An altcoin or Bitcoin withdrawal, including Litecoin, have lower fees than other payment methods. After instructing a withdrawal, it remains pending until the crypto casino approves the request. Approving a pending cashout request can take a few hours to several business days, depending on the casino policy. Once the casino approves your withdrawal request, your Litecoins will usually take less than 48 hours to reach your crypto wallet. Bitcoin miners require a fee to verify the blockchain transaction, which generally costs less than USD withdrawal methods. Litecoin withdrawals are different from USD withdrawals. Casinos will typically apply a withdrawal fee to the latter for methods like wire transfers or physical check deliveries. However, it’s not uncommon for crypto casinos to not apply a withdrawal fee on cryptocurrencies like LTC. Cryptocurrency casinos offer a wide range of attractive welcome bonuses and other great promotions too – these are available for all crypto options available and litecoin bonuses are becoming more common to see. Many of the top litecoin casinos offer a first deposit bonus when a player chooses to deposit litecoin, as well as ongoing promotions too. As with any other bonus, it’s important for players to read up on any terms and conditions including those for litecoin payments, as some may be subject to minimum deposit amounts and maximum withdrawals too. Players won’t find any differences between the top traditional online casinos and the top cryptocurrency casinos when looking to play casino games, but there are also unique games at most litecoin casinos too. These include litecoin online slots, litecoin live games, litecoin roulette, litecoin blackjack, and many other litecoin games LTC may not have as large a market cap as BTC, but both are safe and secure ways of funding a player account. Litecoin is liquid, allowing easy purchases and sales without significantly impacting the price. Crypto casinos widely accept this cryptocurrency, including the ones we’ve reviewed here on our page. Fast transactions, lower fees, and casino bonuses are other reasons to consider an LTC casino. Making an LTC casino deposit from the cashier section takes just a few simple steps. After selecting Litecoin as the deposit method, copy the wallet address provided or scan the QR code. You’ll need to input the address and amount when instructing an LTC payment from your wallet. Confirm the transaction when done. State rather than federal gambling laws determines what is authorized. However, gambling in most states is prohibited, so many players turn to offshore crypto casinos. We’ve listed our recommended mobile online casinos that accept Litecoin and US dollars from American players. Generally, making crypto casino deposits is extremely fast, taking just a few minutes. However, since this requires verification of the blockchain transaction, delays can happen depending on congestion or other factors. Ordinarily, LTC deposits won’t take longer than about 30 minutes, and LTC withdrawals won’t take longer than 48 hours. Litecoin transactions use a proof-of-work verification process and a cryptographic SHA-256 script to encrypt the blockchain. All the online casinos on our page accept American dollars, Bitcoins, and Litecoins. Some accept other altcoins, like Dogecoin, Bitcoin Cash, and others. Players can elect to deposit, play and withdraw in USD if they prefer.ADVANTAGES OF LTC
WHERE CAN I GET LITECOIN?
WHAT IS AN LTC WALLET?
CHOOSING THE BEST LITECOIN CASINO
HOW TO DEPOSIT TO AN LTC CASINO
WITHDRAWALS AT AN LTC CASINO
LITECOIN CASINO BONUSES
LTC CASINO GAMES
LTC CASINO CLOSING WORDS
FAQ
HOW DO I MAKE A LITECOIN CASINO DEPOSIT?
ARE LITECOIN CASINOS LEGAL IN THE UNITED STATES?
HOW LONG DOES IT TAKE TO MAKE A LITECOIN CASINO DEPOSIT?
IS LITECOIN A SAFE PAYMENT METHOD?
CAN I DEPOSIT AND WITHDRAW USD AT A CRYPTO CASINO?