Litecoin casino gambling - Advantages and Drawbacks

litecoin gambling

It was Litecoin that had kept the privileged place of the second most popular cryptocurrency after Bitcoin before Ethereum took the community by storm. Today, Litecoin enters the top 10 or top 20 crypto assets by market capitalization. And, let’s be honest, it is not half bad for a crypto coin that was originally developed as a Bitcoin Core’s fork.

Rankings aside, Litecoin has been regarded as ‘digital silver’ for quite some time. Just think of the images you typically see in Bitcoin-related features: there would be sparkling gold coins with the stylized letter «B» on them. By analogy, Litecoin articles often contain pictures showing silver coins with the letter «L».

With ‘silver’ associations like these, it was but a step to the emergence of first Litecoin gambling sites. This segment of the industry started to grow in leaps and bounds, just like it was with its ‘big brother’. Below you will find our list of crypto casinos that accept Litecoin.


What is Litecoin?

Litecoin is a cryptocurrency that is actually a fork of the Bitcoin blockchain. This fork gained support in the community thanks to Charlie Lee, the former Google employee, who had published the open-source client on GitHub on 7 October 2011.

Despite obvious technical similarities, there are also significant differences between Litecoin and Bitcoin.
1. The transaction processing takes about 2.5 minutes, which is four times faster than in the Bitcoin network.
2. The algorithmic limit of LTC is 84 million coins, while the maximum amount of BTC is 21 million coins.
3. Segregated Witness and Lightning Network has already been activated in the Litecoin system ― the community considers these technologies to be innovative and forward-thinking.
4. Litecoin is less vulnerable to so-called «double spending».
5. The Scrypt algorithm, used by Litecoin, makes it more difficult to mine coins using GPUs, FPGA- and ASIC-devices. At the same time, it makes the whole thing easier for CPU users.

These features make Litecoin a unique crypto asset in spite of the misconceptions about its complete identity with Bitcoin.

This is a good place for an amusing fact. As you may remember, the smallest fraction of 1 BTC is called ‘satoshi’ in honor of the network’s creator Satoshi Nakamoto. In the case of Litecoin, people probably had better things to do than inventing a name, so the one-millionth part of 1 LTC is now known as ‘litoshi’.

Users can get litecoins and exchange them on the majority of popular cryptocurrency exchanges. Below you will find a list of exchanges where you can easily buy Litecoin.

The cryptocurrency itself is growing at a remarkable pace. In early 2017, the Litecoin rate was stumbling towards $5 for 1 LTC with mixed success. Now, four years later, you can get more than $160 for one LTC. So, if you still do not have your own Litecoin wallet, it is probably a good time to get it.


Crypto casinos accepting Litecoin

As the number of Litecoin casinos keeps growing, people are getting more interested in this cryptocurrency, and all sorts of casino bonuses become available. Promotions and loyalty rewards will appeal to both new players and experienced gamblers.

So, we recommend you to learn more about special deals in Litecoin casinos before you choose your favorite place to spend and earn LTC. It will help you get even more fun out of Litecoin gambling. You will find more news about these casinos on our website, too, so be sure to stay tuned!


Bitcasino.io

Bitcasino is a gambling site where you can play Litecoin casino games with confidence. There will not be any worrying when making large deposits as all cryptocurrency instantly shows up on your gaming balance. Players do not have to wait until their transactions are confirmed on the blockchain. Instead, they can just go and choose their favorite games and start winning their first LTC in this cryptocurrency casino.

bitcasino.io website screens

Bitcasino.io has something special for every category of gamblers. Regular users will be delighted with its three-thousand collection of Litecoin casino games, which include roulette, poker, slots, baccarat, blackjack, and other games of luck. The game lobby is quite easy to navigate: you can use filters according to the type of Litecoin games, their providers, and even technical information like RTP percentage or volatility.

If you prefer playing Litecoin games at high stakes, you will hardly find more fitting gambling site. Bitcasino is well known for its great offers in terms of loyalty rewards and special deals for high rollers. Only the most elite users get invitations to the exclusive Bitcasino.io VIP club, and the rewards are top-notch. The members of this club travel across the world, attend high-profile sports events, and get the most lucrative bonuses that can be found on this website.

Promotions are quite original in this Litecoin casino, too. For instance, players can be rewarded with some nice money for sharing a touching story about their early cryptocurrency losses. Overall, the website creates special deals on all sorts of occasions, including holidays, new movies, and various events from the world of crypto gambling.


BitStarz Casino

Crypto casino BitStarz has become a regular gambling place for hundreds of thousands of players from all over the world. This website ensures a great gaming experience and, as the result, gets in return a high level of user satisfaction. The staff quickly processes withdrawal requests and helps in solving all sorts of problems related to casino games and cryptocurrencies.

bitstarz casino website screens

This Litecoin casino has a wide range of games from several dozen providers. A traditional abundance of slot games is diversified with quite a number of table games. Some of the latter are available as live casino games, which means that users can use Litecoin to play games with live dealers. And, of course, there are games with jackpots whose total amount is already over €6 million.

BitStarz knows how to make gambling more exciting with help of tournaments. You can always take part in one or several active competitions on this website. There are currently three tournaments with various prize pools: these are Slot Wars (€5,000 and 5,000 every week), Table Wars (€10,000 every week), and Last Man Standing (€5,000 for the winner).

Besides tournaments, players can take advantage of the bonuses they get from various promotions. Some of the promos are ongoing: for instance, a welcome bonus up to 5 BTC for the first four deposits or 20 free spins as a no deposit bonus for registration. Other promotions, such as ‘adventures’ and giveaways, are usually time-limited. It is duly compensated by incredible prizes that are often part of such promos.


Winz.io Casino

Winz Casino describes itself as the ‘first no wager Litecoin casino’. It is a rather unique position that makes this casino stand out among other gaming websites where users have to play through their bonus money for too long and wager more cryptocurrency than they would like.

Winz.io game collection includes thousands of slot games and more than a hundred of table games. Some slots provide you with a chance to snatch a progressive jackpot, including payouts in Litecoin. Game categories have helpful filters and options: for instance, you can select all games with cashback or Bonus Buy feature. There is also a separate section with live casino games where you can find not only run-of-the-mill blackjack and roulette games but also game shows like Monopoly Live or Dream Catcher.

Wager-free bonuses are great news for all those who like bonus offers. But it is not the only cool thing for such players on Winz Casino. This Litecoin casino allows you to get welcome bonuses in both slot and table games. Their terms and conditions are different though. One offer provides free spins for players while the other promises some percentage of your wagers in table games being returned to your casino balance.

Litecoin casino Winz makes steady progress in its rise towards the leading positions in the crypto gambling space. This website has some unique conditions for gambling, and a lot of players have already appreciated them and even wrote their thoughts on the matter. User reviews usually mention a great gambling site with multiple ways to entertain oneself, fast payouts, and competent customer support.


True Flip

Exploring the TrueFlip website, you can find both games from well-known providers and some exclusive games made by True Lab. The selection includes several thousand unique titles, which means that every player is going to find something to their liking. The live casino section is particularly remarkable: there are more than 120 games with live dealers there.

trueflip casino website screens

TrueFlip.io users can use Litecoin for casino gaming having full confidence in the safety of their funds. Deposits and withdrawals are processed instantly while the Askgamblers rating of this casino is about 9.5. The answers to frequently asked questions can be found in the respective section of the website or in the customer support chat. The support team is available around the clock.

Litecoin casino True Flip meets new users with a welcome package up to 1 BTC and 150 free spins. And there are even more bonuses. According to the website, players can expect about 30 more incentives, not counting tournaments and special games which may have prize pools like €31,000 or even 50 BTC.

If you ever get tired of Litecoin gambling, you might want to get a closer look at the True Flip casino’s own crypto token. TFL is an ERC-20 token that gives you access to a special game that is held once in three months. Besides, it must be rather nice to know that you are on the cutting edge of crypto casino technologies.


FortuneJack Casino

Most rankings of best Litecoin casinos have a place for the website known as FortuneJack.com. It is a crypto casino with tons of games from top providers and their own sportsbook where you can bet on sports. FortuneJack even has proprietary Provably Fair games, which should be of interest to many Litecoin gaming fans.

fortunejack casino website screens

The welcome bonus package allows FortuneJack users to get up to 6 BTC on their bonus balance. The wagering requirement is 30x, which is comparably low. There is also a no deposit bonus for account verification, which provides users with 50 free spins. Other promotions offer additional deposit bonuses, 25% insurance, cash prizes for winning streaks in sports betting section, and many more.

More recently, a unique deal for VIP players has been introduced on FJ. After meeting several conditions, players can increase their cashback bonuses to 45%, which sounds unbelievable if compared to similar offers. Other privileges of the VIP club include access to a personal manager and various exclusive gifts.

The FortuneJack sportsbook is just as good as many other websites that have initially been oriented towards sports betting. It allows you to bet on several dozen sports and eSports, including soccer, tennis, hockey, Counter-Strike, Dota 2, StarCraft tournaments, and so on. Its UI is quite simple so you will not get confused when trying to wager some Litecoin on an interesting game.


FairSpin Casino

It would be wrong not to mention such Litecoin casino as FairSpin. According to its website, this LTC gambling site has ‘built-in honesty control’. The information about game outcomes and bets is saved to a blockchain where you cannot modify or forge the data to your advantage.

fairspin casino website screens

The ability to withdraw funds directly to your Litecoin wallet is great news for many crypto enthusiasts. Such transactions are free of commission fees, so everything you deposit goes to your casino balance. Besides, you do not need to verify your account for such operations and entrust your personal data in someone else’s hands.

As for the Litecoin games collection, FairSpin would hardly disappoint you. Players get access to a huge selection of slots and other games, such as roulette, blackjack, baccarat, poker, and so on. There are also slots with jackpots and games with live dealers. Those who like virtual sports have an entire section to that end, where they will find 15 games with soccer, cycling, horse races, greyhound races, and speedway.

New players are going to get 30 free spins if they register an account in Litecoin casino FairSpin. After that, they will be able to make use of the welcome package bonuses: bonus money from 75% to 200% and up to 140 free spins as a deposit bonus. The bonus money expires in just 3 days, but the wagering requirement is 25x, which is comparably low. Besides the welcome package, users can take advantage of additional incentives like cashback and VIP club rewards.


Wolf.bet

Wolf.bet is a Litecoin casino that is different from all other popular cryptocurrency gambling sites. Users are offered several games, lots of promotions, and some VIP privileges. The casino games have the Provably Fair algorithm implemented, which makes it possible to check the results of a game session and make sure that you are not getting cheated.

wolfbet website screens

Wolf BET casino games are rather simple and user-friendly. This website allows you to bet Litecoin in games like HiLo, Limbo, and Dice. Such a humble game selection seemingly does not discourage users, as its chat room never gets quiet. Furthermore, there are even mini-quizzes where you can get some cryptocurrency on your game balance if you give the correct answer.

Litecoin casino Wolf.bet has implemented even more features in its chat. Every 20 minutes active chat users have a chance to get some Litecoin for free. A rain bot automatically selects several users and gives them free cryptocurrency. This way, communicating with other players can be really profitable on this website.

Regular users get rewarded for each consecutive day they visit the casino. There are also competitions and giveaways on third-party resources. For instance, you can win something under the exclusive Wolf.BET promotions in Telegram and on the Bitcointalk forum.


MyStake Casino

MyStake has all you need to bet on sports using Litecoin, as well as pass the time playing casino games. All the popular sports and top championships are available for betting. Users can follow the results and make bets in real-time as there is a section entirely dedicated to live sports betting.

mystake casino website screens

Litecoin casino buffs get an increased percentage under the welcome bonus if compared to the fiat options. Cryptocurrency deposits will bring you an additional 170% as bonus money, but if you make deposits to your Litecoin sportsbook balance the bonus is going to be 100% up to a €500 equivalent.

MyStake offers separate promos for those who want to bet Litecoin on eSports or in live casino games. The first option involves a 100% deposit bonus up to €500 while the second one provides a 15% cashback bonus in the games with live dealers. Furthermore, players are going to find more deposit bonuses and time-limited promotions.

In general, Litecoin sportsbook MyStake provides a rather convenient environment for those who like sports betting. Users can save the games they are interested in as their favorites, the UI looks stylish and easy-to-use, and the promotions make the whole experience much more exciting.


Cryptoplay Casino

Cryptoplay.io is one of the most recent players in the Litecoin gambling area, although it does not look like it. Bright banners invite you to participate in some of the promotions while the chat messages are teeming with winnings and free crypto giveaways.

cryptoplay website screens

Litecoin casino Cryptoplay is rather easy to navigate: everything you might need is available from the main page. If you happen to have questions, you would be able to ask someone in the chat room, seek help in the customer support chat, or try to find the answer on your own on the FAQ page.

At the moment, the users can bet Litecoin in one of ten games. Five of them are slots while others include dice and keno. So far, the game choice is quite humble, but it may well be that there will soon be more Litecoin casino games on this site. Anyway, the Cryptoplay users happily pass the time playing the existing games.

The welcome package allows you to get up to $25,000 and 80 free spins on your first two deposits. However, you will need to enter the promo codes WELCOME and SECOND50 in order to get bonus Litecoin. The wagering requirement for the bonus money is 30x.

Other special deals include a cashback bonus up to 50% for every week that have passed. Besides, the referral program allows you to get $10 for each new user you invite who has deposited $50 or more to their Cryptoplay account.


Abo Casino

Crypto casino Abo is open not only for Aboriginal people, but also for everyone else who likes to gamble using Litecoin. Beyond its colorful pictures and perky slogans, there is a really cool gambling website with tons of casino games, huge jackpots, and decent promotions.

abocasino website screens

You can find all sorts of slots in this Litecoin casino: classic, themed, Bonus Buy, and so on. Players can chase jackpots in dozens of apps; the total amount of jackpots is already over €53.9 million. There is also a great selection of live casino games, which include various types of roulette, blackjack, baccarat, and craps.

AboCasino users can get up to €550 and 200 free spins on their first four deposits on the website as part of the welcome package. They also can take advantage of a 50% deposit bonus up to €300 on Fridays, as well as additional 20 free spins. The most ardent players can take part in a biweekly tournament with a prize pool of €1,000 and 750 FS.

The Litecoin casino Abo’s loyalty program consists of seven levels where each of them brings certain bonuses. These incentives include free spins, cashback, deposit bonuses, and cash prizes.


Advantages of Litecoin gambling

Litecoin offers some significant advantages when it comes to online casino gaming:
• Litecoin allows anonymous gambling. Your personal data will not be collected nor revealed. Such money transfers only require a unique wallet address. Litecoin gambling sites often do not require any personal information.
• Fast transactions. Traditional money transfers may take quite some time, while LTC allows you to send money almost instantly.
• Provably Fair algorithm. Such Litecoin casino games provide you a way to check the fairness of outcomes after each round.
• Cheap transactions. When the Bitcoin network is overloaded, this cryptocurrency provides a great alternative in terms of crypto deposit methods.

No deposit Litecoin casinos will allow you to try out your skill and luck in LTC casino games before actually spending money online.

There are some popular Litecoin games apart from more traditional casino games like poker, blackjack, roulette, or slots:
• LiteBringer
• Litecoin Dice

Besides Litecoin casinos, there are online sportsbooks that allow making bets in various sports using this cryptocurrency. Several LTC sports betting sites are mentioned in our list of best Litecoin casinos. Furthermore, you can also find various LTC lotteries on these and other gambling websites.


Drawbacks of Litecoin gambling

When it comes to online casino games, Litecoin has about the same drawbacks that similar cryptocurrencies have. When the crypto market is volatile, the Litecoin price usually follows its ‘big brother’, and we know that the BTC price is seldom stable. Sometimes it leads to the same LTC amount on a crypto casino balance having different fiat values depending on the day of the week, news, or weather in some remote areas of Asia.

Not all countries are trying to allow their citizens to dispose of their cryptocurrency assets more or less freely. As the result, Litecoin casinos will be inaccessible from many countries where the laws do not provide for using virtual assets in online casinos.


How to get free Litecoin

If you do not like leaving your money to the mercy of fate, and the very word «roulette» makes you feel nauseous, you should not give way to despair. Internet provides you several ways to earn Litecoin without leaving your home.

One of these ways has been quite widespread ― we are talking about so-called Litecoin faucets. A faucet site claims to pay its visitors a little amount of litoshi for their stay on website once in a certain period (for instance, 10,000 each hour). Why would anyone hand out cryptocurrency for free? It is all about ads these websites are teeming with. Each of these resources are basically paying their visitors small amounts for ad views.

Shrewd and resourceful people turn these faucets into full-fledged Litecoin games. The recipe is quite simple: it is often enough to paint a frog that would jump from one platform to another, collecting coins in the process. Users would play the game and view the ad banners at the same time. Another thing is that it is practically impossible to earn a sensible amount of cryptocurrency using Litecoin faucets.


Where to buy Litecoin?

Cryptocurrency exchanges provide the quickest way to buy LTC. You would need a certain amount of other currency that has a trade pair with Litecoin on a particular exchange. It could be either fiat money like euros and dollars, or other cryptocurrencies.

As of late, the following exchanges have had the highest Litecoin trading volume per day:
• Binance
• Huobi Global
• Coinbase Exchange
• Gate.io
• Bitfinex

The most traded pairs have been LTC/USDT, LTC/USD, LTC/BTC, and LTC/EUR. Alternative ways of purchasing Litecoin involve using your credit card via an intermediary service, or over-the-counter purchases. With the latter, you should be extremely careful and beware of scammers.

Best Litecoin Casinos in 2021

fairspin casino website screen
Welcome Bonus Package up to 5 BTC + 140 freespins

FairSpin.io Casino

www.fairspin.io

bitcasino.io website screen
Amazing Loyalty program for Highrollers!
Wager 5 mBTC to get 200 freespins and 10% cashback

Bitcasino.io

www.bitcasino.io

stake.com casino website eng
Low House Edge!
Sports betting, Slots & Popular Table Games (Provably Fair)

Stake.com

www.stake.com