Looking for gambling sites which let you pay and play using crypto? Then Litecoin casinos need to be on your list. As one of the most widely accepted types of crypto payment methods, Litecoin is a great option for online gambling, especially since it supports fast transactions with low costs.
You can delve straight into the best Litecoin casinos right here, or scroll down to read our expert guide on how to gamble with Litecoin, what types of bonuses you can expect, and how to keep your personal details secure.
If you have a look at the best crypto casinos around, you’ll notice a high percentage specifically accept Litecoin. Casinos favor this crypto because of its popularity over the years, having been around since 2011.
Litecoin is a fork of the Bitcoin Core client, which essentially means it’s a tweaked version of bitcoin. Founder Charlie Lee designed it with the intention of making faster transactions than what was then available on the main bitcoin network.
Litecoin’s supply of 84 million is four times larger than bitcoin, with a different ‘Scrypt’ algorithm that requires less power. In a nutshell, this means it’s more accessible to people who don’t have advanced computers.
This ease of accessibility makes it a smart choice for casinos. Litecoin has also been designed to confirm transactions faster than bitcoin, with the idea being that you’ll receive your Litecoin – or, in this case, casino winnings – quicker than if you used bitcoin.
In summary, here are the main perks of playing online with LTC:
Widely available Crypto-friendly casinos often have Litecoin as an option, unlike other niche options.
Quick transactions ⏱ Litecoin was designed to improve transaction times and move funds faster than bitcoin.
Low processing fees 🤑 Sending Litecoin between wallets often costs a fraction of a cent.
Large supply 🪙 With 84 million coins, there’s no shortage of coins on the market.
Our 🔝 tip: If you’re new to the exciting world of cryptocurrency gambling, then head to our beginner’s guide on how crypto casinos work for more information, tips, and insights on the topic.
When playing at Litecoin casinos, you’ll want to make sure they’re properly regulated. Safe online casinos all hold one or more valid licenses from renown gambling authorities, like Curaçao eGaming and the MGA. You can often see a casino’s licensing information in the site footer or in the terms and conditions, where they’ll explain who they’re licensed by. They should also provide a license number, which you can then cross check to make sure it’s real.
All the Litecoin casinos we recommend are completely safe thanks to our extensive vetting process. Besides that, playing at crypto casinos is arguably safer than doing so with traditional fiat methods. That’s because the blockchain uses a technology called provably fair gaming, which allows both the casino operator and the player to directly check the fairness of games. This means you can see for yourself whether the casino gaming software is truly random, as every spin or outcome can be traced.
In short: Playing at licensed online casinos that accept Litecoin deposits is safe. These casinos also make it easier for you to determine how genuine their crypto games are by using provably fair gaming technology, something that traditional gambling sites lack.
To use Litecoin gambling sites, you’ll first need to get set up with a wallet in which to store your funds. If you’re new to crypto, this is something you should make sure you’re comfortable with before you start making transactions.
Because Litecoin is such a mainstream, popular crypto coin, you have a huge choice of wallets to choose from. New Litecoin users might enjoy something like Coinbase, which is designed for people with little crypto knowledge. It’s very user intuitive and mirrors many digital banking apps.
Here are some of the most popular Litecoin casino wallets:
Coinbase
Exodus Wallet
Atomic Wallet
Trust Wallet
Buying and depositing with Litecoin is a fairly simple process. It’s one of the most well-known cryptos outside of the big two (BTC and ETH), and its similarities to bitcoin make it a very accessible option.
There are a few things which make Litecoin a solid choice for casino deposits. One of those is the speed of transactions. It was designed to be faster than bitcoin, which is a very clear advantage.
Another is the low fees tied to using Litecoin. As mentioned earlier in our Litecoin casino guide, the fees are sometimes less than a single cent. Conversely, bitcoin transactions can be a couple of bucks. There’s a ton of variables to consider here, but Litecoin is generally a low-fee crypto.
Here’s how to make a Litecoin casino deposit:
Create a wallet. If you’re new, try a user-friendly wallet like Coinbase or Exodus Wallet.
Deposit in fiat. Before you can buy crypto, you need to add funds in ‘fiat’, which means GBP or another regular currency.
Convert your funds. Change your funds from fiat (like GBP) to crypto (like LTC). This will be near instant.
Top up your casino wallet. With your Litecoin ready to use, send it to your casino wallet address.
Just like Litecoin deposits, Litecoin withdrawals are fast and carry low fees. This is a big advantage when playing at online casinos, as you get to keep as much of your winnings as possible, without losing any of it to processing costs.
Here’s how to withdraw Litecoin winnings from the casino:
Log in. Go to the casino and enter your username and password, then head to the cashier section.
Withdraw. Input the wallet address you want to transfer funds to. Triple check it to make sure it’s correct.
Wait. There will usually be a short delay between the transaction being initiated and the funds landing.
Convert to fiat. When your LTC arrives in your wallet, you can convert it back to a fiat like GBP, then withdraw to your bank account.
Whether you’re a fan of LTC as an investment or not, its merits at the best Litecoin casinos are undeniable. Fundamentally, it’s similar to bitcoin – but with a few key differences. We highlight these differences between Litecoin and other major cryptocurrencies here to help you make an informed choice on gambling with Litecoin and other crypto payment methods:
| Litecoin | Other Virtual Currencies |
|---|---|
| Litecoin transactions have low fees, making it cheap to move your LTC from one wallet to another. | Many other cryptos come with higher fees. Bitcoin is one such example which can cost significantly more. |
| There are quick confirmation times on the LTC network, which means your funds will be moved faster. | Transaction times vary a lot depending on the coin in question, but LTC’s network can be faster than many. |
| There is a large supply of coin in the LTC network, with 84 million in total. This means no shortages. | Some coins have more coins, but others have less – including bitcoin, which has 21 million. Higher liquidity is preferable. |
| Litecoin is energy efficient, using less power for each wallet transaction than many of its competitors. | Litecoin trumps bitcoin’s required energy consumption, which is widely documented as being a problem. |
The process to find the leading casino sites that accept Litecoin is comprised of several steps, with only the very best making our list of recommended LTC casinos. Although each site is unique, all of them face the same rigorous tests from our experts – even if they’re a well-known brand. The reason we subject each crypto site to our 23-step casino review process is because your safety and satisfaction is our top priority here at VegasSlotsOnline.
Here’s a summary of how we evaluate each Litecoin casino:
The first step when we review casinos is to make sure they’re safe. Any site which raises red flags when it comes to security will never get our stamp of approval. Only sites with recognized gambling licenses will make the top of the list.
One of the foundations of any top Litecoin gambling site is its selection of games. We don’t only give high ratings to sites which pack in thousands of slots; carefully curated lists of high-quality titles from top-level casino software providers also rank well.
The hope is that you don’t need help from the casino, but if you do, we want to make sure you receive the best service. We prefer Litecoin casinos with fast response times and multiple avenues to get in touch, like live chat or phone support.
Many of us play casino games on mobile, either as our primary or secondary device, so a site’s mobile responsiveness heavily influences its overall rating. An app is a great option, but we also look at how it performs via a mobile browser.
Opinion is split when it comes to casino bonuses. Some of you will avoid them due to wagering requirements, while others will specifically select a site based on its bonuses. Our experts examine the T&Cs to highlight the very best bonuses.
There are few things more irritating than playing at a Litecoin betting site and then, once you’ve won, noticing that they want to charge you fees to withdraw. We always look for the lowest fees for crypto deposits and withdrawals.
What is the most trusted online Litecoin casino?
There are lots of high-level Litecoin casinos which are safe and trustworthy. Our experts regularly analyze the latest casinos to bring you up-to-date lists of the best Litecoin sites right here on this page.
How do I know if a casino is legit?
There are many clues to look for to figure out if an online casino is legit. This is especially important with Litecoin casinos. Make sure the site has a gambling license and the parent company is fully regulated by established authorities in the industry.
What are the benefits of crypto gambling?
There are multiple benefits to using crypto when you play at an online casino. For example, you can deposit and withdraw without waiting for a bank to process payments. And you can easily keep things anonymous.
Is crypto gambling taxable?
Whether or not crypto winnings are taxable depends on your country of residence. If you’re living in the US and win money gambling with Litecoin, you’ll still need to pay the regular taxes as you would when gambling with GBP.
How do I withdraw Litecoin to cash?
The most straightforward way to get your Litecoin out of a casino and turn it into fiat cash is to transfer it into a personal wallet. From here, you can convert it from LTC to GBP using a site like Coinbase.
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