What Is Litecoin?
Litecoin or short for LTC has been around since October 2011 thanks to Charlie Lee. Litecoin is more or less the same as Bitcoin since it’s a decentralized cryptocurrency. We must also point out that Litecoin addresses a few problems that Bitcoin can’t. For one this crypto casino coin is faster and cheaper than Bitcoin.
It takes around 2.5 minutes for a USA Litecoin Casino transaction whilst BTC’s takes 10 minutes. LTC reached an all-time high of $375 but slumped to $188 since then. To this day Litecoin remains a popular cryptocurrency at Litecoin Casinos.
Can I play casinos games if I use Litecoin? Yes, you can play video poker, slots, baccarat, blackjack, and live dealer casino games. Once you sign up at a USA online casino that accepts Litecoin. You still have to provide a few personal details.
Bonuses at U.S Litecoin Casinos
Once you sign up at a USA Litecoin Casino you’ll receive a bonus on your first deposit. The size of the bonus money can be anything from 100% up to 500%. Other bonuses up for grabs at Litecoin online casinos are free spins, a no deposit bonus, and a reload bonus.
Picking The Best Litecoin Casino USA
Come to think of it, gambling at the best Litecoin Casinos is akin to shopping. You’re not going to shop if you don’t have a list of the groceries you want to buy. Not so? The same thing should apply before you deposit real money at an LTC Casino.
Look for the best United States Litecoin online casino that suits your style of play and bankroll. It helps a lot too if the Litecoin Casino has a license. Not just any crypto license, but a valid license in Curacao, Malta, or the UK. When we pick a Litecoin online casino for you we make sure it has the following credentials:
We already mentioned that the Litecoin Casino must have a license. The other thing that’s equally important is the Litecoin Casino’s support. Support must be on standby 24/7 in case you experience any problems.
Provably fair is a word that crops up a lot when it comes to crypto casinos. Basically, it’s a foolproof mechanism to ensure that Litecoin Casinos don’t cheat their players. Any provably fair casino uses legitimate software companies such as TST, iTech Labs, and eCOGRA oversee.
Litecoin Casino Games
Reputable USA Litecoin Casinos align themselves with legitimate software providers. If a Litecoin Casino works with a shady software provider. It will tarnish that Litecoin casino’s reputation. The top software studios Litecoin Casinos works with are Betsoft, RealTime Gaming, Yggdrasil, and iSoftBet.
The games you’ll find at the top Litecoin online casinos are slots, table games, video poker, and progressive slots. The latest fad at live dealer casinos is Live Casinos. You can play live blackjack, roulette, or craps. You can play for small or big bets in real-time.
Banking at Litecoin Casinos
The safest Litecoin Casinos USA list a variety of deposit and withdrawal methods. Other cryptos at Litecoin Casinos are Bitcoin, Ethereum, Bitcoin Cash, XRP, and Dogecoin. However, it’s not only cryptocurrencies that grace the banking menu at Litecoin Casinos.
There’s something for fiat currency players too. You can use Visa, MasterCard, e-wallets, checks, MST Gift Cards, and bank wire. Furthermore, the min deposit to play with Litecoin at casinos online is equivalent to $10. To be honest that is peanuts!
How To Deposit at a American Litecoin Casino
Visit the banking section of the Litecoin Casino. Click on the method you want to use and deposit. The Litecoin casino online will give you its Litecoin address. You can then use it to transfer money from your Litecoin wallet to the online casino. Usually, it takes a few minutes before Litecoin hits your account. The online casino converts your Litecoin into US Dollars or any other fiat currency.
Cashing Out Your Money
To withdraw your money click on ‘Withdrawal’. Pick Litecoin, copy and paste your Litecoin wallet’s address. Click on send and confirm your withdrawal. In most cases, it takes approximately 24 hours for Litecoin Casinos to pay you. Keep in mind, Litecoin casinos online don’t charge you any deposit or withdrawal fees. However, the crypto Litecoin wallet you use might charge you a withdrawal fee.
What Are The Advantages of U.S Litecoin Casinos?
We already mentioned that the best online Litecoin casinos offer you quicker withdrawals. We know that USA Litecoin’s withdrawals are faster than Bitcoin. You don’t have to rely on any intermediary or bank to facilitate Litecoin payments. This explains why Litecoin Casinos don’t charge any withdrawal fees.
Also, the bonuses at Litecoin Casinos are more spectacular than the ones you’ll find at traditional online casinos. Litecoin Casinos offer a heavier layer of security thanks to blockchain technology. You can play with far more anonymity. Finally, the top online casinos that accept Litecoin settle player wins faster. Some may take up to 20 minutes but more realistically up to 24 hours.
What Are The Cons?
Not every online USA casino accepts Litecoin whilst some even operate without a license. Like any other cryptocurrency, Litecoin is volatile. Online casinos might even shaft you with the exchange rate. In order to speed up Litecoin payments. Litecoin uses Scrypt that’s not as sharp security wise. It uses the SHA-256 algorithm the same one Bitcoin uses.
Is Litecoin Any Good?
Yes, Litecoin is definitely worth it. That’s to say if you want to use a cryptocurrency that offers you quick deposits and withdrawals at online casinos. In addition, Litecoin Casinos don’t charge you any withdrawal fees.
Litecoin gambling sites offer you more security because they use blockchain technology. In layman’s terms, you don’t have to worry that someone will hack your financial details. Litecoin Casinos also offer the same casino games that appear in the libraries of traditional online casinos.
Litecoin Casinos FAQs