Litecoin online casinos are legitimate game facilities that offer an alternative deposit and withdrawal solution. These would be a great option to avoid taxes on your gaming profits and they provide secure, fast transactions. If you've never used cryptocurrencies, why not try one now? Keep reading to learn more about this utility cryptocurrency!
Similar to Bitcoin, Litecoin is one of the top cryptocurrencies, in terms of both technology and market cap. It appeared in October 2011 by Charlie Lee and is currently one of the most popular cryptocurrencies for online games.
Transactions in this cryptocurrency are done exclusively online and can be used to send peer-to-peer payments almost instantly. Besides, this cryptocurrency has a number of other unprecedented advantages, the main advantages being that the transactions are fake, almost instantaneous, and there is no third party involved, so all have, low cost.
Due to this remarkable foray into how conveniently people can move money, Litecoin becomes a deposit and withdrawal method with online casinos today.
If you are looking for an online casino that accepts this cryptocurrency as a payment method then check out our list below:
Litecoin is a "decentralized" digital currency, meaning it is not under the control of any central bank or issuer. Therefore, like bitcoin, there is no government that has direct control over the price action or distribution of this cryptocurrency. So it's completely anonymous and no one knows what you own.
Here are the advantages of using Litecoin casino for your gaming entertainment needs:
You deposit money at Litecoin casino by visiting the cashier section of your casino website. There, you will find a list of deposit options, choose LTC as the payment method. Transfer your LTC from your personal wallet to a wallet on the casino platform.
When you undo actions your casino account balance increases, after which you can start playing your favorite games. However, when withdrawing your winnings will be a little bit different. Basically the same start as when depositing, you navigate to the same casino cashier tab and choose your preferred payment method, LTC. However, online casinos will need you to confirm your identity before completing a withdrawal.
This cryptocurrency operates on a blockchain network independent of other cryptocurrencies. As a result, you get safe deposits and withdrawals, with fast transaction times. You will lose a small fee when making a transaction, the average transaction cost for the LTC blockchain is about 10 cents, much lower than the fee to deposit by credit card, which can be up to 4%.
