Litecoin Casinos & LTC Bonuses

All centralized exchanges sell Litecoin, as it is one of the oldest and most popular tokens on the market. Popular options include Binance, Coinbase and Kraken. You can also trade it on many decentralized exchanges, and some crypto casinos will allow you to buy LTC via a debit or credit card. You can store Litecoin in a hot wallet for a brief period of time. There are web-based wallets, desktop wallets and mobile wallets, or you can leave the funds in your exchange wallet.

However, for long-term storage, it is best to keep your LTC offline, away from hackers. To do so, the best option is to use a hardware wallet, such as a Ledger or Trezor device.

Enjoy Litecoin Casinos Responsibly

It is important to enjoy Litecoin casinos in moderation, as part of a balanced lifestyle. Only play with money that you can afford to lose, take regular breaks and do not treat casino games as a solution to any financial goals or difficulties you may have. Add deposit limits, time limits and bet limits to your own account if possible. You can also check out our responsible gambling guide for more information.

Litecoin was one of the earliest altcoins to hit the market. It is similar to Bitcoin in many ways, as it is a decentralized, peer-to-peer digital currency. However, it has some key features that distinguish it from Bitcoin. Litecoin generates blocks quicker, it uses a scrypt algorithm and it has a larger coin supply.

The other major token that aims to fix Bitcoin’s scalability issues is Bitcoin Cash (BCH), although they go about it in different ways. They both offer faster, cheaper transactions than Bitcoin, although LTC is less vilified than BCH by Bitcoin maximalists. Lots of other tokens now compete with LTC and BCH by offering quick transactions with tiny fees, including SOL, ADA, Dogecoin and Dash, but Litecoin still holds a place in the top 20 coins by market cap.

Benefits of Gambling at Litecoin Casinos

• Most crypto casinos accept Litecoin, so you have plenty of options when deciding which site to register with.
• The minimum deposit and withdrawal will typically be just 0.01 LTC, so it is perfect for small transfers at online casinos.
• You can also make unlimited LTC deposits at the best crypto casinos, so it can be an option for high rollers.
• The fees on Litecoin transfers are miniscule compared to BTC and ETH, so it is an attractive option for casino players that want to protect their winning margins.
• Litecoin casinos tend to be slicker and more advanced than online casinos that only accept fiat payments, as they need to appeal to tech-savvy younger adults.

Disadvantages of Gambling at Litecoin Casinos

• Some crypto casinos do not accept Litecoin payments, so you will have a few more options if you use Bitcoin.
• Litecoin has a significantly lower market cap than BTC or ETH, and it can be more volatile, so you may prefer to use a stablecoin like USDT to avoid those fluctuations in value.
• If Bitcoin manages to solve scaling issues, Litecoin’s market position would be threatened, which could hit its market valuation.
• LTC does not benefit from the same level of development as other tokens, and it has a higher level of wealth centralization than BTC or BCH.
• Lee, the creator of Litecoin, sold most of his holdings in 2017, which shook investor confidence, although he is now involved again as director of the Litecoin Foundation.

The best Litecoin casinos offer a range of bonuses:

• Welcome Bonus: The best casinos match a percentage of your first deposit with bonus credits. For example, you could deposit 10 LTC and receive 10 LTC in bonus funds.
• Free Spins: You will often be given free spins as part of your sign-up bonus too. Some casinos also give existing customers free spins on a regular basis.
• Reload Bonus: The best Litecoin casinos offer reload bonuses on certain days of the week, matching your LTC deposits with casino credits.
• Loyalty Programs: You will receive loyalty points whenever you play casino games, and you can redeem them for bonus credits, free spins and other perks.
• Leaderboards: Earn leaderboard points by playing select slots and try to climb the ladder. If you finish near the top of the leaderboard, you will receive a prize.

It is important to consider the wagering requirements attached to the bonus funds at a Litecoin casino. This will tell you the number of times you must play your casino credits through before they convert to withdrawable LTC. If they are too high, the bonus is not worth claiming. It is also helpful to play casino games with high Return to Player (RTP) rates when working on wagering requirements.

There are more than 7,000 games at some LTC casinos. Many can be played denominated in LTC, and the rest will be available but in a fiat denomination of choice. The Litecoin casino will make a seamless exchange when we enter and exit the game.

LTC casino games are generally divided into these major categories: