LANGUAGE & LOCATION
Litecoin is one of the oldest cryptocurrencies, having launched just two years after Bitcoin. Even though it shares many similarities with Bitcoin, Litecoin is often preferred by players as it often offers lower fees and faster processing times than Bitcoin.
Cryptocurrency is taking the world by storm, all thanks to Bitcoin. There are more and more cryptocurrencies accepted by online casinos, and Litecoin (LTC) is one of them.
Being launched only two years after Bitcoin, Litecoin had been the second most popular currency until recently when it was overthrown by Ethereum.
It is also known as “digital silver” as it is mostly represented as a silver coin featuring the letter L as opposed to Bitcoin, represented as a golden coin with the stylized capital B. Another difference between Litecoin and Bitcoin is in their value, with Litecoin being worth less than BTC in general.
If you are new to Litecoin, you should also know that transactions made using LTC are cheaper and faster than those carried out with Bitcoin. Stay with us to learn all you should know about this popular digital currency and how to use it to make online casino deposits and withdrawals.
presented by
The number of online casinos accepting Litecoin has been increasing steadily. Once you join them, you will be able to fund your casino account and clear your winnings from it in this cryptocurrency. Here is a complete list of online casinos where you can use Litecoin for payments and cashouts.
New WooCasino players can claim 2 deposit bonuses worth up to €200 + 200 free spins. Spins valid only on select slots. 40x wagering requirement. All bonuses valid for 14 days. Min deposit €20 (or currency equivalent).
The minimum deposit requirement to qualify for any part of welcome bonus is 0.6 mBTC, its equivalent in other currency. Welcome package consists of: 100% bonus up to €100/1,5 BTC and 100 free spins on your 1st deposit; 75% bonus up to €100/1,25 BTC on your 2nd deposit; 50% bonus up to €200/1,25 BTC on your 3rd deposit; 100% bonus up to €100/1 BTC + 50 FS on your 4th deposit. All bonuses (unless otherwise specified) need to be wagered 35 times before the funds can be withdrawn. Time to wager - 14 days.
Welcome Bonuses are only valid for new players. Only one account is allowed per player. Players who open multiple accounts or display bonus abuse behaviour will risk having their accounts closed and funds forfeited. Each bonus must be wagered 25x prior to requesting a withdrawal. General Terms and Conditions also apply.
Bovada Welcome Bonus consists of 3 deposit match bonuses up to $3000. First deposit bonus is 100% match bonus up to $1000 followed by two 100% match bonuses up to $1000. The Casino Welcome Bonus must be claimed upon first deposit in order to unlock the subsequent Casino Welcome bonuses. Only activity following the bonus code redemption counts towards fulfilling the rollover requirements. The deposit plus bonus amount is subject to a 25x playthrough requirement before the deposit, bonus amount and any winnings can be withdrawn. Forfeiting this bonus will result in this bonus and any subsequent winnings associated with this bonus to be removed. Bonus funds cannot be used for play on Live Dealer games. Craps and Live Dealer play do not count toward meeting rollover requirements for withdrawal. All games, except Craps and Live Dealer, contribute towards playthrough requirements.
Free spins may not be available in all countries and are automatically credited to players residing in eligible countries upon registration. Registration Free Spins and/or bonuses have a maximum cash-out of $100.00. To receive Free Spins & Match Bonus deposit offers, players must deposit a minimum of $25.00 and select "with bonus" during the funding process. Bonus Terms & website Terms & Conditions apply.
If you have not made a deposit at VipSlots, once the wagering requirement is completed, a deposit must be made to register a payment method with your account before you can withdraw any winnings. Your deposit will be refunded along with your winnings.
New Revolution Casino players can claim a €500 + 200 Free Spins welcome bonus with a 100% match of the deposit plus 200 Free Spins distributed over 10 days in sets of 20. Wagering req. 35x (deposit + bonus) for the cash bonus, plus 40x for Free Spins. Players have 10 days to complete rollover. Min deposit is €20.
100% matched deposit on your first deposit up to $500 plus up to 200 free spins for slots. $20 minimum. 35x wagering requirement (deposit + bonus), 10 expiration period. New customers only. 18+. Find the full T&C on the Cashed casino site.
100% matched deposit bonus on your first deposit to the casino, plus 150 free spins for various available slots.. 75% bonus on your second, 50% bonus on your third, and a 25% bonus on the fourth deposit. 14-day time limit. 35x wagering requirement. New customers only. 18+. Please gamble responsibly. Full T&Cs apply.
100% up to $100 on first 8 deposits. Minimum deposit $25. Roulette, Baccarat and Craps excluded from bonus play. 20x deposit + bonus wagering requirement. Max bet $2 on single slots payline or $10 on single wager in any game.
Min deposit $20. 50x wagering for deposit bonus. Max bet with active bonus $5. Max winnings resulting from the use of free spins $50. Bonus not available to BTC, BCH, DOGE, LTC players. Free spins added after a successful deposit and 1x wagering is met. Free spins winnings subject to 50x wagering.
"Welcome" bonuses are issued and only made available to newly first time, signed-up customers. At the discretion of the Company, customer service may issue ‘welcome’ bonuses to customers through promotional offers exclusively made available via the Company’s site.
Minimum deposit $25. Max bet $10. Wagering requirement 30x the sum of deposit + bonus.
New 22Bet players can claim a first deposit bonus worth up to €300. 50x wagering requirement. All bonuses valid for 7 days. Min deposit €1 (or currency equivalent)
All bonuses require a minimum deposit of $25 and are subject to x30 wagering requirements. You cannot claim another bonus offer unless you have a play balance of less than $100. Deposit bonuses can be claimed only within 48 hours from the time the deposit was made.
New players only. Claim first 111% up to $1,111 with code: DECODE111, and then claim $111 Free Chip with code: FREE111DECODE. Redeem both offers with $25+ deposit. Promos hold a reduced 25x rollover ONLY! Redeem your deposit bonus up to $1,111 and win or lose, get your $111 Free Chip right after completing your deposit bonus to win up to $500 EXTRA. General T&C apply.
New players only. 18+. First deposit bonus is a 111% match up to $500 with First Deposit Bonus. Two more deposit bonuses available too. Minimum deposit $25. Maximum cash out is $5,000. Allowed on all games except for Jackpot Trigger. Wagering requirements 35x. Applies to first deposit only. General Terms and conditions apply.
New players only. Maximum cashout is 10x the deposit amount. Minimum deposit $35, playthrough 40x, max bet $10. Redeemable 4x. All general terms and conditions apply.
New players only. 18+. Welcome Offer includes $10,000 + 200 Free Spins. The coupon code must be redeemed before you make a deposit. Bonus code: WELCOME200. No maximum cash out. Minimum deposit $35, playthrough 40x, max bet $10. Redeemable 5x. All general terms and conditions apply.
New players only. 18+. Claim code TOOEASY to receive 33 Free Spins for the slot Magic Mushrooms. No deposit needed for the bonus. Not available for US players. All bonus terms and conditions apply.
Bitstarz Welcome Bonus covers 4 first deposits. 1st deposit is a 100% up to €100 or 1 BTC + 180 Free Spins. 20 Instant free spins + 160 (20 per day, starting in 24 hours). A minimum deposit of 20 EUR is required to receive the 180 free spins. 2nd, 3rd, and 4th receive 50% up to €100 or 1 BTC,50% up to €200 or 2 BTC , or 100% up to €100 or 1 BTC, respectively.
Welcome package covers 4 deposits up to a total of 3.5 BTC. 45x wagering requirement. New customers only. Terms and conditions apply.
The minimum deposit amount to qualify for the 125% Bonus is USD 20. Currency in the Casino / Casino "chip transfer" is USD. The maximum bonus amount is USD 1,000. Wagering: 30x deposit + bonus. Terms and Conditions apply.
Company Name:
Litecoin
Headquarters:
Singapore
Established:
2011
Being a peer-to-peer cryptocurrency, Litecoin is based on an open-source cryptographic protocol. Just like Bitcoin, it has no authority behind it. Litecoin was released in 2011 by Charlie Lee, a Google employee, who was also a former Engineering Director at Coinbase. While it was created as a fork of Bitcoin blockchain, Litecoin differs from the most popular cryptocurrency in many aspects.
The first thing that makes LTC different from BTC is the fact that the Litecoin Network process a block every 2.5 minutes. On the other hand, the Bitcoin Network does the same within 10 minutes, which means that Litecoin transactions are confirmed four times faster. Besides, while the maximum amount of Bitcoins is limited to 21 million, the limit of LTC is 84 million.
While it is not an easy task to mine BTC, you can get free LTC through so-called faucets. All you need to do to earn a little amount of litoshi (which is the same as satoshi for BTC) is to stay on a particular website for some time or play Litecoin games like painting a jumping frog. You can purchase Litecoin as well if you wish so.
Like all digital currencies, Litecoin is easily obtainable via various exchange sites and platforms. Binance, Kraken, Coinbase, and all other major platforms offer Litecoin.
However, to get Litecoin, you will also need a cryptocurrency wallet. If you are new to crypto, a wallet is used to store altcoins that you might use as a digital form of currency. The wallets are similar to regular ones, or e-wallets such as PayPal and Skrill. However, they are unique in the sense that they allow you to send and receive digital currency.
Before you start playing at online casinos accepting Litecoin, make sure you have a wallet that’s stocked with funds.
To do so, choose a reliable crypto wallet and register a new account. Link it or send funds to the wallet by purchasing Litecoin. Once you are ready and have funds inside the wallet, you can register at an online casino and place the first deposit. It’s pointless to list popular wallets as that constantly change, as new ones are being added all of the time.
Each Litecoin-friendly online casino provides you with professional assistance, so don’t hesitate to get in touch with customer support and get all the information on deposits and withdrawals.
Although Litecoin is a decentralized currency, you can learn more about it on the Litecoin Foundation website as well as on litecoin.org. Obviously, there is no phone support or email. You may get more information from your chosen crypto wallet.
Just like Bitcoin, Litecoin enables anonymous online casino transactions. That’s why it is the perfect fit for players from countries where online gambling has not been regulated.
However, to make transactions in Litecoin, you will first need a crypto wallet. Once you download and install it on your desktop or mobile device, set up your wallet and find an online casino supporting this cryptocurrency.
Here’s a step-by-step process that explains how to deposit for the first time using Litecoin at online casinos.
The money should appear in your casino account within minutes. Litecoin, as all other digital currencies, is lightning fast.
Litecoin supports withdrawals too! You can easily cash out your winnings from your casino account in Litecoin. Just as we have said before, you will need a wallet to complete your transactions, safely and quickly.
Here’s how that typically works:
The process won’t last 10 minutes, but it’s fast. The casino must first verify your request and identity, so the pending time might last up to 2 days. You can shorten it by completing KYC beforehand.
Whether you make a deposit or clear your winnings, the only detail you need to reveal to the operator is your wallet address, which makes Litecoin a highly safe online casino banking option.
Litecoin works great for both deposits and withdrawals. That’s a major benefit as not all methods work for both types of transactions.
Deposits are instant, and withdrawals come very close to being the same. In fact, with most cryptocurrencies, payouts are so fast that most such casinos end up with an instant withdrawal casino label.
Payments through Litecoin are almost instant since it takes 2.5 minutes for the Litecoin Network to confirm your transaction, which is four times less than with Bitcoin. As for withdrawals, they may take longer due to a pending period that can be up to 48 hours. If you complete KYC verification before withdrawing, the process might be even faster.
When using Litecoin to fund your account or clear winnings from it, you won’t be charged fees by the casino itself. However, bear in mind that all Litecoin transactions incur fees.
The good news is that they are lower than ones you need to pay on Bitcoin transactions. It is not easy to tell how much you will be charged per transaction as these fees depend on multiple factors.
Make sure to find a Litecoin transaction fee estimator that will show you how much you need to pay.
Litecoin is available globally. It’s a cryptocurrency, which means it’s widespread and present in a number of markets where most other payments do not work.
Take the USA for example. The US is a closed market with limited payment options. Thankfully, crypto payments and credit cards allow players fast and easy deposits and withdrawals. With Litecoin, you get all the benefits of crypto – anonymity, speed, security – but even better than Bitcoin. After all, it was modelled after Bitcoin but ultimately designed as a replacement that solves many of the issues Bitcoin creates.
Besides, it is a faster and cheaper option than its predecessor Bitcoin. Litecoin is less volatile than Bitcoin as well, and you can lay your hands on it for free by playing simple games.
However, there are still more websites that support only Bitcoin. Not only that, but Ethereum has come out as a great successor to Bitcoin, which means it’s also widespread and popular amongst players. So if you want to use Litecoin for your online casino transactions, please note that not all casinos with crypto accept it. And it’s still a cryptocurrency, so it may be very volatile from time to time (although not as volatile as BTC, etc.).
With a career that spans over a decade now, Luka is a highly experienced writer who’s been producing content in different industries. From video games, technology, web development, and iGaming, there is hardly a niche Luka has not tapped into. He’s got a keen eye for emerging trends which comes particularly handy when preparing the content for Casino Bloke website.
