Litecoin is an online cryptocurrency that uses blockchain technology, much like Bitcoin. This crypto can be used at a growing number of online casinos and steadily becoming more popular. Our OUSC exclusive guide to Litecoin casinos discusses the online casino sites that accept this banking option, and the steps to make a deposit and payout.
These are some of the benefits of using Litecoin (LTC) deposits at online casinos:
- 50 Times Cheaper
- 4 Times Faster
Litecoin Deposits at Online Casinos
Everything You Need to Know
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Top Litecoin Casinos to Play Online
Are you looking for online casinos to play and bet with Litecoin? BetOnline, Wild Casino, and Sportsbetting.ag are our top recommended casinos that accept Litecoin as a payment method. Below you will find the deposit and payout limits, and the exclusive LTC bonus offer at each casino.
Wild Casino is a US-friendly casino site that accepts Litecoin as a payment method. Payments usually happen within 2 hours, but generally within a few minutes. Payouts reach your Litecoin wallet within 48 hours, but typically within an hour.
Wild Casino charges no fee for LTC payments or other cryptocurrency withdrawals, making it a much better choice than credit, debit, or gift cards (7.5% fee).
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BetOnline accepts and supports Litecoin payments from USA players. BetOnline Casino has a comprehensive gaming experience. It’s an online casino with poker, live casino games, horse betting, and financial wagers.
The $500 Crypto-Bonus has a minimum deposit limit of $20. The bonus applies to Bitcoin, Bitcoin Cash, DASH, and Ethereum as well.
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Slots.lv is a US-friendly online casino that takes Litecoin deposits. They have a great selection of slots, table games, and live dealer options available for casino players.
The max time for crypto payments is 2 hours, but most deposits appear within a few minutes. Withdrawals take a little longer, with a max time of 24 hours, though most cashouts arrive in your e-wallet within an hour.
Slots.lv doesn’t charge a fee on Litecoin deposits, while some other methods may have small operating costs.
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Maximum: $2,500 ($9,500 for VIPs)
Top Online Casino Litecoin Bonuses
Make the most of your Litecoin deposits with some amazing online casino bonuses. The following US online casinos offer players generous crypto bonuses that include Litecoin.
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Using Litecoin as a Payment Method at an Online Casino
If you haven’t used a cryptocurrency before, you might not know how to make a Litecoin payment. Follow the steps below to use LTC at your favorite online casino.
The first thing to remember is to choose a wallet, which works like a web wallet, and a Litecoin exchange, which is where you buy them in the first place. Luckily, we have recommendations for wallets and exchanges.
Making an Online Casino Deposit with Litecoin
Choose a Litecoin Wallet
Pick a trustworthy service that holds your Litecoin crypto-currency. BetOnline suggests one of three options: Loafwallet, Electrum, or Coinomi.
Buy Litecoin at an Exchange
Next, pick a top crypto-currency exchange to purchase your LTC. Once again, BetOnline and Wild Casino has recommendations: Coinbase.com, Bitstamp.net, and Kraken.com. You can make purchases using a credit card, bank account, or ACH.
Sign Up at an Online Casino
Choose a real money online casino for your crypto-currency gaming. Remember to pick a site that accepts Litecoin. Click “Sign Up” to join a site by filling in a registration form. Don’t forget to use your confirmation email.
Log In and Make a Deposit
Log in to the online casino account, then pick Litecoin as a payment method in your player dashboard page. Transfer some of the Litecoin from your wallet to the online casino. Deposits take a maximum of 2 hours but usually take a few minutes.
Play for Real Money
Now you have Litecoin in your online casino account. Wild Casino and BetOnline require players to email a coupon code to activate a bonus, so contact customer support when signing up.
Receiving an Online Casino Payout with Litecoin
Getting an online casino payout with this method is also very quick and easy. Take a look at the steps below to learn how to make a Litecoin withdrawal.
Making an Online Casino Withdrawal with Litecoin
From the home page, click on the Cashier section and select withdrawal.
Add the Withdrawal Amount
Click on Litecoin as your payout request method and add the amount you wish to withdraw in the Amount box on the top right.
Transfer Funds to LTC Wallet
You need to fill in your Litecoin address and any other instructions to verify your payout request. Click confirm via a telephone call or confirm via email. Once you are ready, click submit.
Receive Your Money in 48 Hours
Click Submit to begin the confirmation and withdrawal process. Litecoin is a nearly instant casino withdrawal method that promises to put money into your wallet within a 48-hour time frame, but it will usually appear in your wallet within two hours.
How to Choose a Litecoin Online Casino
When choosing an online casino that accepts Litecoin, you need to consider how the deposit and withdrawal limits on LTC payments are. You want a cryptocurrency transaction to be quick and have the desired minimum and maximum limits.
Promotional bonuses that accept cryptocurrencies are important, along with the standard ways one evaluates online casinos (game selection, software). The OUSC team has made a list of everything you should consider from an LTC online casino.
Deposit Times and Limits
Withdrawal Times and Limits
Litecoin Exchanges Accepted
Litecoin Wallets Accepted
Why Use Litecoin Deposits at Online Casinos?
Like any online casino payment method, Litecoin has its advantages and its drawbacks. The main challenge you’ll face is the lack of sites that accept this crypto. However, we solve that problem for you by recommending safe Litecoin casinos.
- Quick Transactions: Litecoin transactions are 4x faster than bitcoin. It is the fastest payment method for online gambling.
- Affordable: Litecoin’s all-time high value was $360.93, compared to over $18,000 for Bitcoin. Litecoin grew in value from $4.00 to $360.00 in only a year, and it stands to gain in value while you use it for online casino gaming.
- Not Tied to a Bank: Like other cryptocurrencies, it isn’t tied to a central bank. Fluctuations downward are possible. Instead, Litecoin’s value is based on its current trading value on exchanges like Bitfinex, GDAX, OKEx, and Coinbase.
- Private, Safe, and Secure: The reason people prefer blockchain payments is its combination of privacy, transparency, safety, and security. You can see every transaction but maintain your anonymity. Identity thieves can’t steal your information.
With those advantages, many players who prefer crypto casino deposits but are concerned about losing value with Bitcoin payments should consider this alternative. Because it was designed with Bitcoin pitfalls in mind, Litecoin is considered safer than its more famous cousin.
Today one of the major drawbacks we find is that it’s not accepted everywhere. Since Litecoin is still considered new, many online casinos do not support this method for deposits.
Top Online Casino Games to Play with Litecoin
Players that use Litecoin to bet at an online casino can play any of the games available. That is thanks to the fact that the casinos treat cryptos as real money. A few of the popular games that players enjoy more include:
Litecoin: Brief History
Charlie Lee, an MIT graduate and computer scientist who formerly worked for Google and Coinbase, created Litecoin (LTC) in 2011. To this day, Charlie Lee is the head of the Litecoin Foundation. However, he sold his LTC holdings in December 2017 to avoid a conflict of interest.
Lee’s brother, Bobby Lee, is head of the Hong Kong bitcoin exchange, BTC China. Charlie Lee said he did not intend to compete with Bitcoin, but designed Litecoin in his spare time at Google to help with small transactions.
Charlie Lee left Google in 2013 to work at Coinbase, which launched Litecoin that same year. By 2015, LTC reached a $1 billion market capitalization. While heading the Coinbase development team, Charlie Lee experimented with the Segregated Witness protocol and processed Lightning Transactions. Litecoin adopted these safeguards in 2017, well before Bitcoin did the same.
Litecoin’s Growing Popularity
Many digital consumers prefer Litecoin to Bitcoin because its transactions are faster (2.5 minutes to 10 minutes), while LTC’s mining distribution method is fairer than Bitcoins.
Litecoin’s value fluctuates with supply and demand. With 84 million LTC theoretically possible, Litecoin has more liquidity than Bitcoin. With only 53 million LTC mined so far, the crypto-currency has room for growth.
Should You Use Litecoin at Online Casinos?
Litecoin is a popular cryptocurrency at US online casinos. It’s an excellent option for online players who want a banking method that is cheaper and faster than Bitcoin, while still getting the same safety features. Litecoin offers an anonymous transaction option, helping to keep your personal information secure.
When it comes to depositing at an online casino, both beginners and veteran players can benefit from Litecoin. Easily have access to funds, to begin enjoying your favorite online casino games as quickly as possible.
Litecoin Online Casino Deposit Method – Players Also Asked
How do Litecoin deposits at online casinos work?
Choose a Litecoin wallet that will hold your cryptocurrencies, such as Electrum, Coinomi, or Loafwallet. Buy Litecoin via an exchange like Bitstamp.net or Coinbase.com. Once you have your Litecoin ready, you can then choose to deposit via this method. Transfer Litecoin, and in a few minutes, no longer than two hours, your account will be funded.
Is it safe to make online Litecoin deposits at casino sites?
With Litecoin, you are using a cryptocurrency that operates via blockchain. Such payments provide a combination of privacy and transparency, along with security. Every transaction maintains player anonymity so that personal information is impossible to steal.
Which US online casinos accept Litecoin deposits?
We recommend players choose one of our three top gambling sites above for access to Litecoin for depositing. Our researchers recommend them both for online gaming.