Bitcoin is undoubtedly the most used cryptocurrency in gambling but it is not the only one. There are crypto-friendly casinos accepting less popular digital money such as Litecoin, Ethereum, or Dash. Today, we will check the best Litecoin casino sites in 2024.
Cryptocurrency is gaining popularity at online casinos these days. There are already many Bitcoin-friendly casinos accepting and paying out this digital cash. Although Bitcoin is the most used crypto in gambling for obvious reasons, it is not the only type of CC that can be found at gambling sites.
Litecoin, Dash, Ethereum, Monero – these are cryptocurrencies that are also used by gamblers as a payment method. Not all casinos work with them yet but still some sites are open to all types of digital cash. Let’s check the best Litecoin casinos that make payouts and accept payments in LTC in 2024.
What is Litecoin?
First of all, let’s see what Litecoin is and how it is different from other cryptocurrencies. Also, follow the latest online gambling news to learn more about crypto gambling.
Litecoin is usually called a Bitcoin spinoff or altcoin. It was first released in 2011 – three years after the Bitcoin invention. In its characteristics, Litecoin is very similar to Bitcoin but has some key differences. The main advantage of Litecoin is its transaction speed. It confirms payments almost 5 times faster than its “big brother”. Also, LTC uses a newer algorithm called Scrypt, while Bitcoin is still on SHA-256.
In terms of making a profit in the market, Litecoin is not as profitable as Bitcoin. However, it is no worse as a gambling currency. It is not too expensive, it is faster and easier to buy than Bitcoin. That’s why LTC is a good choice for gamblers who want to start betting with cryptocurrency.
Pros and cons of LTC gambling
Like any other payment method, Litecoin casino sites in 2024 have their own advantages and disadvantages. Let’s see why you should try crypto gambling or why it is better to leave it until better times.
There are many pros of using Litecoin in gambling. First of all, transactions are not tracked and are completely anonymous. It is fast, cheaper by transaction cost, and has a good market cap. Also, LTC has good chances to surpass Bitcoin one day, so saving winning money in this currency could be a wise decision.
The only disadvantage of Litecoin usage is its unpopularity in comparison to Bitcoin as it can be difficult to find casinos accepting it. However, even this minus can be fixed as we know good casinos accepting LTC.
5 best Litecoin casino sites in 2024
Most crypto-friendly casinos offer good conditions for new and eligible users to attract gamblers. Use an online gambling bonus search engine to find them but check the list of Litecoin casinos to play using your bonuses first.
- VegasPlus Casino
- 22Bet Casino
- King Billy Casino
- BitStarz Casino
- 1xBet Casino
All the gambling sites mentioned above accept Litecoin as payment currency. Choose one of them to play the newest games and enjoy receiving your winnings within 1-2 hours – it is possible at the best Litecoin casinos!