Online LTC Gambling Guide was created on the prototype of Bitcoin and is based on the same principles. At the moment, LTC is in second place in terms of capitalization in the world after BTC. Initially, Litecoin was conceived as a logical continuation and evolution of Bitcoin, and the new system is somewhat different from the old one. However, there are no fundamental differences, the difference is only in the ratio of parameters and, accordingly, in the final cost. As a result, Litecoin is very actively used in the gambling industry.
How Litecoin Casinos Work
LTC casinos are platforms for gamblers where you can play for digital money and get good winnings. Players can take advantage of card games, slots, lotteries, and other entertainment, depending on the site’s online LTC gambling library. The main difference is that the player can replenish his account with Litecoins, place bets with them and withdraw winnings to his digital wallet.
Advantages of Litecoin Casinos
Since in many countries gambling establishments are illegal or their activities are carried out in a gray area, Litecoin casinos remain one of the few possible ways to have fun. These sites boast several advantages:
- Anonymity. Not all players agree to the disclosure of personal data. These sites guarantee complete confidentiality. Even if the user enters the section with live games, he may not worry that his anonymity will remain.
- Reliability. Even if the main site is blocked for users, the resources create mirrors so that players always have secure access to their accounts and their favorite entertainment .
- Small bets. If we compare LTC gambling sites with dollar clubs, then sites with cryptocurrencies allow you to play on micro bets. Litecoin can be divided into smaller parts and played with minimal losses if luck does not smile at the gambler.
- The ability to easily track the transaction. Advanced resources run on the blockchain. Each completed transaction is recorded in a sequence, and it is very difficult to delete it. Therefore, the user can be sure that all translations will be visible.
How to Use Litecoin in Gambling
Playing in an LTC casino can take place on various types of entertainment:
- Slots. The site may contain various slot machines — from classic to modern video slots with high-quality animation. Players can choose among multi-reel machines, different numbers of pay lines, etc.
- Roulette. Even though this game belongs to traditional entertainment, the sites offer different modifications — European, French, mini, and others.
- Blackjack. A famous card game with simple rules. The goal of the player is to beat the dealer by scoring the required number of points, no more than 21.
- Poker. This game can have several varieties — Russian, Caribbean poker, and others.
- Baccarat. A popular card game based on scoring.
Deposit and Withdrawal of Funds
Litecoin is a fast means of mutual settlement with a small commission percentage, which is much less than a bank one. In addition, users are guaranteed anonymity, since the regulatory authorities are not able to track bitcoin transactions. Services for depositing and withdrawing currency take no more than 3 business days. Payment is made from a special wallet. The transaction itself takes no more than 1 minute.
How to Choose the Best Litecoin Casino
Now on the network, you can find many online casinos that accept digital currency. To avoid becoming a victim of scammers, when choosing the optimal site, we recommend paying attention to several important characteristics:
- Jurisdiction. Double-check that the site you have chosen is legal and accepts players from your country.
- Availability of a license. On the website of a virtual club, there must certainly be a license indicating that the institution is subject to regular checks and conducts honest activities.
- HTTPS protocol support. If this set of letters is present at the very beginning of the address bar, then the client can be sure that he visited the site of a real registered company.
- Reviews. The opinions of the players are equally important in making an impression on the club. You can find truthful reviews on thematic forums or in expert reviews.
The appearance of Litecoin is a revolutionary event in the gambling entertainment industry. Now, gamblers no longer need to worry about the interference of third parties in their finances — only you and the club itself are in the game. Due to these sites, you get acquainted with a new popular direction and can earn digital money.