Litecoin Casinos Guide
Litecoin (LTC) is a cryptocurrency that can be used in a digital form without having a physical counterpart. This currency is generated through a complex technology operation called “mining” and users keep it in a digital wallet. These E-Wallets are very similar to the fiat currencies wallets like (PayPal and Skrill), also they achieve the same purposes such as saving money, transfer and receive payments, and pay for online shopping.
Like other cryptocurrencies, Litecoin is incredibly like Bitcoin! However, this currency was launched in 2011 to solve problems of the older cousin, especially the duration of processing financial operations and transaction fees as well.
The average time spent in Litecoin transactions is two minutes, while the time spent on Bitcoin transactions is an hour. The transfer fee for Litecoin is 0.0024, while the fees for Bitcoin are only 0.68!
Moreover, Litecoin has the basic advantages of Bitcoin, such as decentralization. So, it neither linked to any financial institution nor subject to the control of any authority. It gives you the highest level of security and privacy. Plus, you can easily use it on your smartphone or tablet.
What are Litecoin Casinos?
Litecoin casinos are the gambling portals that accept cryptocurrencies, including litecoin. This currency works like any other digital currency through a technology called “blockchain”, which is an open decentralized base on which anyone can create his currency!
The biggest advantage of blockchain technology is that it makes it impossible for hackers to steal your data. In addition to that, there is no censorship on these currencies. That is, you will have the highest levels of security and privacy when using Litecoin or any other cryptocurrency.
Litecoin casinos offer the same games you can find at any other online casino which include slots, table games, and live dealer games. There is no difference between (LTC) casinos and other casinos; As the player will initially register a new account by providing his personal information, after which he can make a deposit and receive the welcome bonus.
Then, the player can try casino games (for free or for real money), it will be easy for you to access your favourite games thanks to the rating lists and the search feature. While if you encounter any difficulty while playing at the casino, you can contact support via live chat and you will receive an immediate response. Then after having a profitable gaming experience, you can easily withdraw your winnings by going to the cashier section and setting the withdrawal value, then entering your wallet data and confirming the process. The amount will reach your wallet in 4 seconds.
In addition, Litecoin casinos have all known security features. They hold legal licenses from known committees, protecting players’ data with SSL protocols, and secure the casino servers with anti-virus programs.
What is the Difference between Litecoin Casinos and Other Casinos?
The most important difference between regular online casinos and Litecoin casinos is that they are still new to the global gambling arena.
In addition to that, there are a lot of criminals who use cryptocurrencies which made some players worried about using digital currencies in online gambling!
To combat this, the casino must implement all known safety protocols, such as the Know Your Customer (KYC) and the anti-money laundering protocols.
The casino needs to have a well-known reputation among players on the Internet. On our site, we review all online casinos to ensure that they offer their players the gaming experience they are looking for.
What are the Litecoin Casino Bonuses?
All the (LTC) casinos grant its players many bonuses in various occasions. Also, it worth mentioning that crypto currencies casinos offer more bonuses than fiat online casinos. Because the transaction processing expenses are much lesser. So, the casinos offer many bonuses for cryptocurrencies motive players to use them rather than regular currencies. For instance, its very common to see a casino that offers a welcome bonus of up to 5 BTC (equivalent to 1515.90 LTC & $29,000). No regular online casino can afford a bonus its players a bonus of $29,000!
The bonuses types at crypto casinos are no different than fiat currencies casinos. So, you will be familiar with them. The most common types of the LTC casino bonuses are:
- Welcome bonus
- Reload bonus
- Free spins
How can you choose the best Litecoin casino?
If you want to access the best Litecoin casinos quickly and easily, you can choose one of the casinos listed on this page! All these casinos are tested and guaranteed for quality, while if you want to do your own research, we advise you to follow these standards:
- The casino licenses. The license is the top important standard in assessing any online casino. Because it indicates how it treats its players, and which body supervises it.
- Game Collection. A good casino must offer a varied game collection including variants of slots, roulette, poker, baccarat, blackjack, and poker.
- When choosing an online casino, you should know its bonus package. Also, you should review the terms and conditions related to these bonuses.