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Litecoin Casino Sites are getting increasingly more and more common. Crypto players choose Litecoin as a Bitcoin alternative, which is what the original idea was.
Launched in 2011, Litecoin is one of the first altcoins. It has a nearly identical technical structure to Bitcoin. However, its advantages include faster transactions and lower fees, two important factors that make it a great fit for crypto casino fans.
Since its launch date, Litecoin has been deemed the future of money. It’s decentralized money, of course, free from any censorship and available to all. With Litecoin, you can make instant casino transactions free of charge. Privacy is excellent too, so you can rest assured you’ll get fully anonymous transactions.
Thanks to these advantages over fiat money, LTC Coin Casinos are getting a lot of attention from many casino players. In this guide, we’ll break down why you should consider using LTC at Crypto Casinos.
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Using Litecoin is a great way to keep your tracks covered when playing casino games online. All transactions are immutable and anonymous. The blockchain won’t share a shred of your personal data when you make the transaction. Of course, each Litecoin transaction is recorded on the blockchain, but with heavily protected data.
Transactions at Litecoin Casinos are lightning-fast. We mean that – there’s no fiat money option that’s just as fast as LTC. This is a big reason why players love to join LTC Casino Sites. Everyone wants to be able to play as fast as possible and get their winnings ASAP, and that’s what Litecoin offers. Compared to Bitcoin, this altcoin has even faster transaction times with almost no fees.
Unlike certain payment methods, Litecoin qualifies for a variety of large casino bonus offers. Litecoin casinos often hand out amazing offers, especially for new players. You should be able to secure numerous great bonuses or claim promos that are available with Litecoin and easy to claim at the click of a button.
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Making a LTC Coin deposit requires you to buy some LTC first. The altcoin is available at numerous reputable crypto exchanges. Once you buy it, you should store it in a crypto wallet which can later be used to make casino deposits or withdrawals.
Deposits with Litecoin are instant and fee-free. The only fee you pay is the network fee, but it’s a small price to pay for instant transactions.
Withdrawing via your Litecoin wallet is easier than you think. If you already used it to make a deposit at Litecoin casinos, the withdrawal request will be immediately processed on it. In short, Litecoin casino withdrawals are automatic.
As for the actual processing times, they are instant after the casino’s approval. This process might be delayed if you need to finish the KYC verification check, which is best done after sign up.
Litecoin is one form of cryptocurrency and one of the most known among crypto enthusiasts. However, it is less known among general society and those not involved with crypto at all.
The coin is abbreviated as LTC and is far cheaper to purchase than the likes of Bitcoin, Bitcoin Cash and Ethereum. At the time of writing, a single Litecoin coin costs around $90 when rounded to three decimal places and there are nearly 16 million Litecoin coins currently in circulation.
Many people in the cryptocurrency scene refer to Litecoin as Bitcoin’s little brother, and that’s a significant positive.
LTC takes all of the excellent stuff Bitcoin brings to the table but is the “lite” version. Since 2011, users of LTC have been enjoying the benefits they were used to with Bitcoin, but at faster rates. And via much-improved technology.
Payments with Litecoin can go across borders, and at little to no cost as well.
As you may gather from logic, a Litecoin Casino is a casino which offers recognisable casino games – and some unique games exclusive to these casinos – but players wage their Litecoin coins. Thus, it is a crypto online casino and like the majority of them, they are exclusive to one type of cryptocurrency.
Examples include a Bitcoin Casino or an Ethereum Casino. One of the main reasons that cryptocurrency online casinos are becoming so popular is because crypto is quick, cheap, convenient and safe to gamble with, especially when comparing these casinos to some other online casinos.
It is quite evident that Litecoin Casino need help to attract gamblers and crypto fans when they already have to compete with a thriving online casino market and other cryptocurrencies which are better known and have a higher market value. As a result, Litecoin casinos do usually offer many types of promotions.
Most of these promotions resemble the types of promotions handed out to players of regular online casinos and other crypto casinos.
For example, Litecoin Casinos will appeal to potential new members with welcome bonuses, free gaming time and more. Most promotions may be awarded to new members of the casino, but it is not uncommon for frequent Litecoin casino players to also be able to take advantage of their promotions.
Any cryptocurrency which has been around since 2011, which is only several years longer than Bitcoin, and is still going strong, must be a good bet. It’s also a relation of Bitcoin itself, but works at faster speeds and makes use of fresher tech. So, casino players and operators will benefit from all the usual advantages, but at a quicker rate.
You have to be sensible when making any transactions in the online world, and especially where cryptocurrencies are concerned. LTC is a prime example of a practical option, however, as it’s a market leader and a digital token everyone will have come across.
Gamblers can access variations of Blackjack, Baccarat, Roulette, Poker, and Dice.
Players that’d prefer to acquire their LTC Coins without making payments to an Exchange is possible. But extreme computing power is needed to accomplish this objective.
LTC Online Casinos record the transactions made by gamblers to ensure their history is protected.
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