Best Litecoin Casino in 2021
Litecoin is not as popular or acceptable as Bitcoin or Ethereum, but it holds great potential. Therefore, it’s expected that casinos would adapt the coin as a means of payment.
Litecoin casinos are gambling platforms that use LTC as a major transaction option. The coin is hardly the most preferred at crypto sites, but some players prefer it to all other cryptocurrencies.
LTC has a promising future, no doubt. As such, it’s necessary to invest the coin in a secure platform. Keep reading this article to know all about Litecoin casinos and the best ones to gamble.
Online Casinos that Accept Litecoin
What is Litecoin?
Litecoin is a P2P coin established in 2011 as the supposed “lite version of Bitcoin.” To its credit, LTC competes with BTC initially, but the saturated industry has weakened its value. It’s currently one of the top 20 cryptocurrencies if measured by market cap.
LTC has a fixed supply; therefore, the highest volume of LTC that’ll ever be in circulation is 84 million.
How to Choose the Best Litecoin Casino
The wider acceptance of Litecoin gambling has ensured that there are more than enough sites to gamble with the coin. This may surely sound great, but it’s also more tricky to find a good LTC casino these days. Note the following steps to make a smart decision.
Ensure Safety and Fair Play
The influx of Litecoin casinos has given rise to some fraudsters interested in ripping off your coins. LTC is promising, so you can see reasons to ensure you’re playing somewhere safe.
A safe Litecoin casino has to be one with a license from an independent regulator, such as the Government of Curacao or the Malta Gaming Authority. A license proves legitimacy.
Also, you have to be sure of fair play at the site. It’d be disastrous to play at a casino where games are rigged to the house’s favor.
Crosscheck Available Games
The quality and number of game selections at a casino are the biggest influencers of the fun you have playing at the site. Gambling isn’t only about winning or losing. You must pay attention to fun too, as it’s also an important aspect.
Thankfully, a simple browse through the homepage of most casinos reveals a lot about their games and software.
Review Bonus Offers
Some players don’t care much about bonuses, but others may. So, if you find yourself among the latter category, it’s essential to review available promotional offers before you deposit at a casino.
Often, players have to join a site before they know their exact bonus offers, but they don’t have to deposit yet. Alternatively, you may read site reviews on trusted reviewers.
Assess Transaction Fees
Litecoin is not a very costly coin to use, but you have to account for variable change always. Casinos often charge extra for their transactions, so you must find a site with low fees when reviewing.
However, some fraudulent sites may try to win you by overusing better transaction offers. Be wary of ridiculously low fees.
Litecoin Casino Games
It’s common to find titles like this as if there are specific slots that are only accessible with Litecoin in the casino world. However, there aren’t any games (whether slots or tables) that can only be played using LTC. Litecoin is a currency, not a software provider.
However, some sites categorize available games according to currencies such that you can only enjoy a particular set of titles using the currency it’s grouped under. In these instances, you may have LTC games, but Bitcoin usually has access to these games too.
Under normal situations, you can enjoy all types of casino games using Litecoin, including slots, 3D slots, baccarat, roulette, blackjack, live dealership, poker, and whatever else is available at a site.
How to Store Litecoin
Like every other digital coin, Litecoin can be stored in exchanges and wallets.
Exchanges are digital websites and applications that help crypto investors and traders convert their coins to another coin or cash. These platforms also offer coin holding services, so you may store Litecoin on them too. However, you must be sure of an exchange’s legitimacy and security before holding LTC on its app.
Some of the verified exchanges to store LTC at are:
Wallets are mostly used by investors who want to store their Litecoin for long without trading. They are typically the safest way to store LTC. Wallets can be hot (online) or cold (offline).
A few trusted wallets to store LTC include:
- Electron for Litecoin
- Loaf Wallet
- Litecoin Wallet
Litecoin holds a lot of promise for successful gamblers. Let’s check out the best LTC bonuses to have an idea of how much you could win!
- mBit Casino
- First Deposit: 150% cashback up to 296 LTC + 100 free spins.
- Total Winnable Bonuses: 936 LTC.
- Fortunejack Casino
- First Deposit: 110% cashback up to 170LTC + 250 free spins.
- Total Winnable Bonuses: 575 LTC.
- King Billy Casino
- First Deposit: 155% cashback up to 170LTC + 200 free spins.
- Total Winnable Bonuses: 630 LTC.
Pros and Cons of Using Litecoin in Casinos
- Litecoin is 100% private, so you can maintain anonymity while using it.
- Litecoin transactions are fast and easily completed.
- LTC gambling is pretty easy since it’s a digital currency that you can use directly for staking.
- Litecoin is quite valuable; losing your stakes can be a heavy price.
Playing at the right Litecoin casino requires knowing your onions. Consider the three factors we’ve highlighted above and decide which is best for you.
Asides, you must store your LTC properly. Don’t fall victim to fraudulent platforms.