Best Litecoin Casinos 2024

Bitcoin and Ethereum might be the big dogs on the block in the crypto world, but Litecoin is quickly becoming one of the more popular currencies for online gamblers. Investors have embraced it in recent years because it has the highest capitalization of any coin on the market.

Online gamblers like it because it’s secure and accepted worldwide. The average minimum deposit for a Litecoin casino is 0.01 LTC.

Featured Casinos Accepting Litecoin

With many online casinos to choose from, we have ranked some of the best online casinos that accept Litecoin according to their best features. Find the list below:

What is a Litecoin Casino?

A Litecoin casino is an online casino that’s progressive enough to see that cryptocurrency quickly becomes the preferred medium of exchange for online gamblers. In 2011, Litecoin was launched and became one of the first altcoins to be offered to the public. Its value has fluctuated over the years, but it hit a high mark of €412 back in 2021.

Litecoin casinos can now be found in multiple countries around the world. Many of those casinos also accept other cryptocurrencies, but Litecoin maintains its popularity because it’s priced reasonably and can be bought on all major crypto exchanges. To use Litecoin, you need a crypto wallet. We’ll get into that in more detail below.

Pros and Cons of Litecoin Casinos

Any payment method has pros and cons, but Litecoin scores high marks compared to other cryptocurrencies. If you have concerns, read our list of pros and cons below. You’ll likely find that we’ve addressed whatever misgivings you might have.

How to Make a Casino Deposit With Litecoin

Using any crypto requires a crypto wallet. Litecoin is no different. You’ll need a crypto wallet to deposit at your favourite online casino. Coinbase, Gemini, and Robinhood all offer them. Use that wallet to do the following:

1. Buy Litecoin from a cryptocurrency exchange.
2. Find the cashier or bank area at the online casino.
3. Copy down the blockchain code for the casino.
4. Use your crypto wallet to send them funds.
5. Wait for confirmation.

Your deposit should show up in your casino account within a few minutes. Once it’s there, you can start playing. The casinos treat Litecoin the same way they treat cash, so there are no limitations on which games you can play, including online slots.

Litecoin Casinos Deposit Fee

Casinos don’t usually charge players to make little casino deposits, but there may be a small processing fee from either the crypto wallet company or the crypto exchange. These fees can be absorbed by holding Litecoin in your wallet for a while. The coin’s value goes up and down, so you can exchange it for a fiat currency when the value rises.

How to Make a Casino Withdrawal With Litecoin

Making a withdrawal is as simple as making a deposit, but you’ll already have the crypto wallet, and you don’t have to load additional funds for payouts. On the blockchain, each transaction has its encoding and the two parties making the exchange each have unique identifiers.

To make a withdrawal, send funds from the casino’s identifier to your own. The process couldn’t be any simpler.

Litecoin Payout Fees

Online casinos are more likely to charge for withdrawals than payouts, so expect a small fee when you make an instant casino withdrawal. Depending on how long your Litecoin has been in the casino account, it could be worth more or less when you withdraw it.

That could be a fee, but it’s more like an investment loss (or gain). You can find more info about Litecoin on Litecoin.com website.

Litecoin Online Casinos Withdrawal Time

Litecoin transactions are fast. You should see the funds in your crypto wallet within twenty-four hours. Some online casinos process transactions instantly. Others may place a brief hold on funds to verify your winnings.

This is something that players eventually figure out when they frequent multiple online casinos. Choose the one with the payout speed that suits you.

Why Choose Litecoin Online Casinos?

Litecoin is a superior payment option in online casinos, even when measured against other cryptocurrencies. It’s been around for over ten years, so it’s not going anywhere. It also holds its value better than most in this space. Most importantly, Litecoin is decentralized finance, meaning you can use it anonymously.

Litecoin Casinos FAQs

Everyone has heard of Bitcoin because it always makes the national news. Litecoin isn’t. It always makes the national news. Online gamblers swear by it, particularly those into sports betting and virtual reality. Here are some common questions gamblers ask when they first get introduced to it. Perhaps you have some of the same inquiries.