Litecoin Online Casino Sites
Litecoin casinos are rising quickly in popularity, as is the case with many other crypto gambling sites. If you’re looking for the top Litecoin casinos to play at, then look no further! Below, you’ll see the best Litecoin gambling sites, all of which have been hand-picked and vetted by our team of online gambling experts.
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What is Litecoin?
Litecoin, like many cryptos, is a blockchain-based cryptocurrency that’s completely open-source. This peer-to-peer virtual currency is incredibly easy-to-use and offers users fast transactions that are usually very inexpensive.
One of the reasons why Litecoin casinos have become so popular is down to the fact that the Bitcoin network is now so heavily congested that transactions can often take as long as 10 minutes to complete. With Litecoin, this time-frame is often reduced to as little as two and a half minutes — when you deposit at a Litecoin casino, you can begin playing your favourite casino games a lot quicker!
Initially developed in 2011, Litecoin is a spin-off from Bitcoin. While it uses a lot of the same technology as Bitcoin, it has some unique differences that offer users enhanced privacy and faster transactions.
Today, there are more Litecoin casino sites than ever before, and whether you’re looking to play Litecoin slot games or want to find which Litecoin casinos offer bonuses, you’ve come to the right place!
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How to Buy Litecoin
If you’re looking to purchase Litecoin to use at online casinos, then there are a few different ways to get your coins. We’re going to look at some of the most common methods of acquiring Litecoin for use at online casinos.
Exchanges
Major exchanges are, by far, the most common and popular way of purchasing cryptocurrencies, and they’re also the easiest. Some notable names that come to mind include Coinbase, Kraken, and CoinJar.
Exchange means that it’s a decentralized platform. That means that when you place an order to buy cryptocurrency, you’re automatically paired up with a seller, and the platform deals with everything; you pay the platform, and you receive the coins instantly. It’s that simple.
You don’t know who you’re purchasing the coins from, and it’s incredibly easy to get started.
P2P Marketplaces
Unlike the exchanges that we just look at, P2P marketplaces work in a slightly different way. The main difference is that you’ll be dealing directly with the seller of Litecoin, as opposed to simply buying through the platform itself. That means that you have more control over the price of the coins, and it means you’re able to shop around and compare different prices.
A prime example of a well-known crypto exchange is LocalBitcoins. However, as the name suggests, they only accept Bitcoin at the time of writing, so if you’re looking to play at a Litecoin casino, you’ll need to use a different service.
Using a P2P marketplace is easy; first, you need to sign-up and register an account. You may need to provide proof of your identity depending on where in the world you’re located.
You then need to browse the listings, and when you find an offer that you like the look of, open a transaction with the seller. If the seller agrees to trade with you, the Litecoin will be placed into escrow, and you’ll need to make payment directly to the vendor.
Once they confirm that they’ve received the coins, they’ll be released to you, and you can then send them from your wallet to the Litecoin casino where you’re looking to play!
Other Methods
Aside from the methods listed above, there’s also a couple of other ways that you can purchase Litecoin for use at online casinos. The first is to buy from someone in person. However, we should point out that this isn’t generally recommended or needed for most people.
Purchasing Litecoin from someone in real-time works like this; first, you need to find someone selling. You can find people on sites like Facebook Marketplace, Gumtree or P2P crypto exchanges. You then arrange to meet them somewhere, hand them over the cash and send the coins to your wallet.
Of course, there are significant risks associated with this method; you could be mugged, for example, or you may find yourself being scammed. However, if done safely in a public place, you can minimize these risks.
Another alternative option you have is to use a crypto ATM. While these are pretty rare — and when you do find them, they tend to be geared more towards Bitcoin — they’re starting to appear more in major cities.
They’re pretty easy to use; you simply head to the ATM, enter your wallet address and insert your money into the machine. The machine will then process your transaction, and the funds will be sent immediately to your wallet! It’s very straightforward, but the lack of accessibility means this option will be off-limits to many of our readers.
Litecoin Casino Bonuses
Virtually all online casinos that accept Litecoin offer a wide variety of bonuses and promotions; this can include everything from a deposit bonus to free spins and more. Below, we look at some of the most common bonuses and promotions you’ll find offered at a Litecoin casino site.
Welcome Bonus / Deposit Bonuses
A welcome bonus is usually delivered in the form of a deposit bonus, and, as the name suggests, a welcome bonus is offered to new players as a way of thanking them for joining the casino.
While a welcome bonus can vary in terms of its structure, most welcome bonus offers come in the form of a deposit bonus, and deposit bonuses are usually match bonuses.
For example, many Litecoin casino sites will offer new players a welcome bonus that consists of a 100% matched deposit bonus up to, say, 1 Litecoin. That means that if you choose to claim the deposit bonus, the amount of money you deposit will be doubled by the casino!
Imagine you joined a new casino and claimed their deposit bonus, a 100% match bonus. If you deposited £50 worth of Litecoin and claimed the deposit bonus, the casino would credit your account with an extra £50, bringing your total gambling balance up to £100!
Of course, as with all bonuses and promotions, most deposit bonus offers come with terms and conditions, so it’s important to read through the terms before claiming. For example, you may find that a deposit bonus has certain restrictions on which casino games you can play. There are also usually wagering requirements you’ll need to complete before winnings from the deposit bonus can be withdrawn.
Free Spins
Free spins are one of the most popular types of bonus you’ll find at Litecoin casinos, although most other online casinos will tend to offer free spins, too. When you play at the best Litecoin casino — or find that a Litecoin casino offers a generous free spins casino bonus — you’ll be able to begin playing certain video slots without having to spend any of your own money.
Now, some Litecoin casinos work by giving you free spins as part of their welcome bonuses package, while others will give you free spins as part of regular, weekly promotions. When you play at any of the best Litecoin casino sites on this page, you can expect to see some great free spins promotions offered with many slot games and casino classics!
Once you receive the free spins, it’s easy to use them; simply open up the game that the free spins are for, and they’ll be there waiting for you! Once you’ve played out the free spins, you’ll then simply need to complete the wagering requirements, and any winnings from the free spins will then be credited to your account as real money!
No Deposit Bonuses
No deposit bonuses are loved by players from all over the world. While many sites offer a generous welcome bonus offer, some sites go a step further and choose to offer no deposit bonuses to their players. As the name suggests, a no deposit bonus is a casino bonus that you can claim without needing to deposit any of your own money.
They tend to be offered more at the newest Litecoin casinos due to the fact that these sites are trying to entice new players. However, they can sometimes make up parts of the welcome bonuses offered at other casinos, too.
When you join a Litecoin betting site that offers a no deposit bonus, you may find that you’re awarded, say, ten free spins when you open an account. Other sites may give you free spins for verifying your ID — the method of distribution depends entirely on the casino you choose to play.
VIP and Loyalty Programmes
Today, most online casinos run some form of VIP or Loyalty program. These are designed to reward regular, loyal players for their continued play. While each site offers slightly different VIP programs, generally speaking, they’re constructed in one of two ways.
The first is a tier-based system; typically, when this system is used, all players will automatically become a VIP when they first join a site. Each time you place a wager or bet, you’ll earn points, and when you’ve earned enough points, you’ll progress to the next level. Once you reach a new level, you can expect a reward, whether in the form of free spins, a special bonus or wager-free cash.
The second common method used in VIP programs is the points-for-rewards system. In this case, you earn points for each wager you place, but you can then redeem these points whenever you like, for, again, free spins or other bonuses.
How to Deposit and Withdraw at Litecoin Casinos
Making deposits and withdrawals at a Litecoin casino is incredibly easy. Below, we’re going to take a look at how you can get started with Litecoin gambling, even if you’re a complete novice when it comes to cryptocurrencies!
Litecoin Deposits
Making a deposit using Litecoin is very straightforward. The first thing you’ll need to do is get yourself a Litecoin wallet and purchase some Litecoin. Once you’ve done this, you’ll then need to head to the online casino where you want to play.
Simply head to the ‘cashier’ section and copy the Litecoin wallet address generated for you. You’ll then need to head back to your Litecoin wallet and initiate a transaction.
Make sure that you enter the Litecoin address exactly as it appears at the online casino. Once you’ve confirmed this, just enter the amount of Litecoin you want to send and confirm the transaction. The funds will then be available within your account in just a couple of minutes!
Litecoin Withdrawals
The process of withdrawing from Litecoin online casinos is pretty much the same as depositing, although the roles are reversed. You first need to head to your Litecoin wallet and copy your address.
After that, you’ll want to go to the cashier at the Litecoin gambling site where you’re playing and initiate a withdrawal. Choose how much money you want to withdraw, enter your wallet address, and that’s it! The funds should then be available in your Litecoin wallet within just a few minutes!
Other Crypto Online Casinos
While today Litecoin casino sites are pretty popular (and accessible), some of our readers may simply prefer to gamble online using other cryptocurrencies. If that’s you, we’ve got you covered!
Below, we’re going to show you a brief breakdown of some of the other leading cryptos you can use when gambling online. We’ll also be taking a look at what these cryptos are and how they work.
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Bitcoin Casinos
When it comes to cryptocurrencies, Bitcoin is where it all started. Over the past few years, this crypto has received a ton of media attention, along with becoming one of the most investable currencies in the world!
First developed all the way back in 2009, Bitcoin is a digital currency. It was initially designed to provide the everyday person with an alternative to fiat currencies that had been obliterated during the financial crisis. Conventional currencies are classified as what’s known as centralized currencies. That means that a government and banks have control over them.
However, with crypto (especially Bitcoin), they’re entirely decentralized, meaning that no one person or organization has control over them. Instead of financial institutions controlling Bitcoin, it’s managed by tens of thousands of users who verify all of the transactions.
Bitcoin is incredibly popular, and today, many online casino sites specialize in allowing players to make deposits and withdrawals using Bitcoin. Most Litecoin casinos offer Bitcoin as a payment method, too, but some sites are Bitcoin-specific.
Ethereum Casinos
After Bitcoin, Ethereum is likely the second most popular crypto out there. If you head to virtually any Litecoin casino, there’s a strong chance you’ll see Ethereum offered as a payment method.
Like Bitcoin, Ethereum is based on a Blockchain platform, and millions of machines directly power it; all Ethereum transactions are incredibly secure and tamper-proof, and it’s actually preferred by many over Bitcoin thanks to the fast transaction speeds and the lower fees.
Today, the vast majority of crypto casinos allow you to make deposits and withdrawals using Ethereum. Like Bitcoin, it’s also relatively easy to purchase and acquire, making it an ideal choice for those looking to begin crypto gambling.
Dogecoin Casinos
Dogecoin started as a meme coin, but it’s since gone on to become one of the world’s biggest cryptos! Here’s what Wikipedia has to say about it:
“Dogecoin is a cryptocurrency created by software engineers Billy Markus and Jackson Palmer, who decided to create a payment system as a joke, making fun of the wild speculation in cryptocurrencies at the time. Despite its satirical nature, some consider it a legitimate investment prospect. Dogecoin features the face of the Shiba Inu dog from the “Doge” meme as its logo and namesake. It was introduced on December 6, 2013, and quickly developed its own online community, reaching a market capitalization of over $85 billion on May 5, 2021.
Dogecoin.com promotes the currency as the “fun and friendly internet currency,” referencing its origins as a joke.
Elon Musk frequently mentions or talks about Dogecoin on his Twitter account, boosting its popularity a significant amount in recent years.”
You’ll find that many Litecoin casinos now allow you to use Dogecoin, although acquiring it isn’t quite as easy as the other cryptos we’ve looked at.
FAQs
Where can I find the best Litecoin casinos?
If you’re looking for the best Litecoin casinos, then look no further. On this page, our team of online gambling experts have compiled a list of the top Litecoin casinos, all of which allow you to make deposits and withdrawals and play using the up-and-coming cryptocurrency.
Head to the top of this page and find a Litecoin casino that piques your interest. You’ll then just need to hit the “Play Now” button to be taken directly to the casino in question!
Can I play at a Litecoin casino?
Yes! Provided you live in a country where online gambling is legal, and you’re over the age of 18, you can play at Litecoin casinos.
Are crypto casinos safe?
Yes, provided you choose a reputable site that’s been reviewed. As with any industry, there are bad actors out there — and online gambling is no exception — but provided you choose Litecoin casinos that are regulated and have a good reputation, you shouldn’t run into any major problems.
Are crypto casinos regulated?
Yes, but not in the same sense as conventional online casinos. One of the major issues crypto casinos have faced is that many online gambling regulators don’t really know how to proceed; in the UK, casinos are subject to stringent rules and regulations about anti-money laundering. The same kinds of checks carried out at most online casinos can’t really be done at crypto sites, so it’s a bit of a dilemma.
However, Curacao is a lot less strict, which is why most of the crypto casinos you’ll come across today are licensed in Curacao.
What are provably fair online casino games?
Provably fair games are something you’ll find at quite a few Litecoin gambling site platforms today, and many Litecoin gambling sites are beginning to offer these types of games. What provably fair means is that, unlike classic casino games that use a random number generator, the result of the spin/hand is generated from the blockchain. This allows you to verify for yourself that the game is genuinely fair!
How long do Litecoin transactions take?
The speed at which Litecoin transactions take place depends on two main factors; first, the state of the network. If it’s very congested (meaning many transactions are happening), you may need to wait up to 5 minutes for the transaction to process.
The speed is also affected by the fee you set for the transaction. The higher the fee, the faster the transaction usually takes.
Are Litecoin casinos safe?
Provided you play at a Litecoin casino that’s listed here at Casinomeister, then yes, you shouldn’t have any problems playing. However, some offshore casinos — especially those based in Russia or Costa Rica — can be dodgy, and this is why it’s always essential you make sure that any casino you’re thinking of playing at holds a valid online gambling license.
What is Litecoin betting?
Litecoin betting simply means that you’re placing bets in a Litecoin sportsbook. Many online casinos now offer sports betting facilities, which means you can use the money in your main casino account to place bets on your favourite sports teams!
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