Litecoin is quite possible, as the name might imply, one of the lightest cryptocurrencies to mine.
In fact, ever since its infancy, it was developed to provide quick, secure, and low-cost payments through specific functions within blockchain technology. It is based on Bitcoin’s protocol, however, has a block time of 2.5 minutes as well as low transaction fees.
This makes it perfect for playing at casino Litecoin.
Given the fact that it received a lot of popularity, due to being just like the world’s biggest cryptocurrency,
Bitcoin, but lighter and quicker, it’s no wonder that it started getting accepted in a lot of online casinos. In fact, some even went so far as to offer specific Litecoin benefits, bonuses, and other features which make them an appealing option for a lot of crypto-players.
On this page you can find:
- The best Litecoin casinos
- What is Litecoin?
- How to play at LTC casino?
- Why LTC is so popular
- Key differences between Bitcoin and Litecoin
- The most popular LTC wallets to deposit at online casino
- How to choose the right Litecoin casino
- Pros and cons of playing in online LTC casinos
- The expert conclusion on LTC casinos
- Frequently asked questions
The Best Litecoin Casinos in the United Kingdom
What Is Litecoin? Are LTC Casinos Legit and Safe in the UK?
Litecoin is the open-source decentralized digital currency that enables near-instant borderless transactions anywhere in the world that is backed by industry-leading infrastructure, technology, and billions of dollars in trading volume and liquidity.
In fact, you can think of it as Bitcoin, but smaller, faster, easier to mine, and a lot more convenient for players that want to make quick transactions. Since you’re going to be using it to play in a casino, you want the deposits as well as the withdrawals to be quick, so it makes perfect sense to use it.
When it comes to playing in LTC casinos in the UK, as long as they have a valid license, such as the one from The United Kingdom Gambling Commission, it will be a fully safe and legitimate casino to play in.
To find this license, or any other license that’s valid in the UK, search for it near the footer of the casino page, or at the about section of the casino.
How to Play at LTC Casino Online?
Time needed: 20 minutes.
So, to summarize this process, in order to play in an online casino that accepts litecoins, you need to follow the next steps:
- Create a cryptocurrency wallet account
Create a cryptocurrency wallet account, or create an account at a cryptocurrency exchange that offers its own cryptocurrency wallets. You can take a look at our list of recommended litecoin wallet accounts.
- Buy litecoins
Once you have a wallet and have created an account at an exchange, the next step is to buy litecoins. Depending on how much money you want to invest or spend, buy some litecoins.
- Choose trusted online casino and create an account
We have collated a selection of top litecoin casinos. Take a look at our list of top recommended, read the review and choose one that best suits your needs. Simple visit the casino website and open an account. Enter your personal details required in the registration form.
- Transfer litecoin to the online casino account
The next step you need to make is to transfer litecoin to your casino account. Go to your casino site’s cashier and select LTC as the deposit method. Input how much you want to deposit and copy the destination address they provide. Now, go to your crypto wallet account, and send the Litecoins to the gambling site’s address.
- You are ready to play
Use the bonus money and free spins to try out a few different casino games, play and have fun.
Why LTC Is so Popular in Cryptocurrency Gambling?
The main reason why Litecoin is used and loved when it comes to online gambling at casinos is due to the fact that unlike Bitcoin, which has a transaction time of more than 10 minutes, Litecoin’s time is at 2.5 minutes. It also has a much higher limit of 84 million coins when compared to other cryptocurrencies.
To put this in another perspective, Litecoin is much quicker when it comes to mining it, there’s a much larger circulation of coins out there, and it works much faster every time you want to deposit, or withdraw LTC from a casino, which is the main way you’ll be using it.
Key Differences Between Bitcoin and Litecoin?
To truly get an understanding as to why people prefer Litecoin over Bitcoin, you have to realize a few things.
Litecoin is mined much quicker. In fact, it takes just 2.5 minutes, when compared to Bitcoin’s 10. But aside from that, there are other differences. Due to this quicker time, instead of 7 transactions per second, Litecoin offers 56 transactions per second.
Multiply this by thousands of players putting in deposits and withdrawals at a casino, and you’ll see which coin is the clear winner for that specific function.
BTC is capped at 21 million coins, which means that after that point, no other ones can be generated, while Litecoin has a generous 84 million by comparison. Bitcoin has a circulating supply of over 18 million, while Litecoin has a circulating supply of over 66 million, and that makes it a much more viable option for transactions.
The Most Popular LTC Wallets to Deposit at Online Casino
As long as you have any wallet that supports LTC, you will be able to make a deposit at a casino that supports LTC. All you have to do is get the Casino’s wallet address, which will be generated when you click on deposit, and send LTC to the casino.
There are many cryptocurrency exchange wallets out there, but you can also create a personal wallet.
The top three wallets you can use to transfer LTC include:
- Coinbase – A secure online platform for buying, selling, transferring, and storing cryptocurrency.
- Ledger – A hardware wallet technology that provides the highest level of security for crypto assets.
- Exodus – A multi-currency wallet that supports over a hundred cryptocurrencies.
How to Choose the Right Litecoin Casino?
The best Litecoin casino will offer you exceptional welcome bonuses in the form of either 100% or more match deposit bonuses or free spins whenever you make a deposit while using the LTC currency.
Furthermore, they will have forgiving wagering requirements that will not make you stressed with the need to complete them.
Best of all, they will have multiple software developers to pick from and provide you with access to thousands of games. We have checked each casino for all of these features, so make sure to choose from the ones listed on our LTC Casino Reviews.
Pros & Cons of Playing in Online LTC Casinos
The beauty behind Litecoin Casino UK and the main reason why a lot of casino experts tend to use it over other cryptocurrencies is due to the fact that it is affordable, has low mining as well as low transaction times, which lets them withdraw their winnings quickly, and due to the fact that there are a lot of casinos out there that give you genuine business whenever you decide to make a deposit using LTC. It’s private and secure.
- Quick transaction times
- Fully Secure
- Offers a higher level of privacy than FIAT methods
- Can be volatile just like any other cryptocurrency
Enjoy the Better Bonuses if you play with Litecoins
There’s one thing universally true across all Litecoin casino UK providers and that is the fact that the providers of those casinos absolutely love cryptocurrency deposits and will give you some of the best bonuses out there.
This means that at times, you can get up to a 500% welcome bonus, over 150 free spins, cashback bonuses, access to the VIP and Loyalty program, personal account managers, and the potential to win millions on the progressive jackpots.
It truly is one of the most appealing, and quick cryptocurrencies to play with and you get much better bonuses with it when compared to FIAT-based bonuses.
Low purchasing price
Bitcoin has cost at one point upwards of $60,000 and is now at $36,000 if not more. This makes it extremely expensive to purchase.
Litecoin on the other hand is one of the most affordable cryptocurrencies by comparison, which means that, with a low purchasing price, you can quickly get up and running with making LTC deposits at any crypto casino with ease.
The Expert Conclusion on LTC Casinos
LTC casinos have truly shaped up to be one of the most appealing types of crypto casinos out there. They allow you to make quick deposits as well as withdrawals, give you a lot of excellent bonuses with low wagering requirements, and truly make you feel like a VIP player.
Many of them are fully optimized to accept the currency from any crypto wallet that supports it, and they all run flawlessly on mobile devices, so you’re not stuck in front of a computer to play them.
The benefit of playing at an online casino Litecoin is the fact that it is cheaper and quicker than Bitcoin, as you will learn at many Bitcoin casino reviews while providing the same safety features.
Many casinos by themselves will not charge you any fees for deposits or withdrawals made with LTC, however, the cryptocurrency wallets will have transaction fees which will vary between them.
Given the fact that it takes 2.5 minutes for a Litecoin transaction to process, it’s extremely fast at any cryptocurrency casino.