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Litecoin Casinos Guide
Online casino gambling continues to gain popularity with millions of people logging into casino sites every day to enjoy the thrills of placing their stakes online. Thanks to the ease of accessing them, casino lovers can play games wherever they are right in the comfort of their own homes.
While most online casinos still accept cash, some companies are tapping into the potential of cryptocurrency payments to attract players from all parts of the world. Bitcoin casinos are cropping up every day while some casinos go the extra mile of accepting altcoins like Litecoin.
Dubbed as silver to Bitcoin’s Gold, Litecoin (LTC) has received a warm welcome in the online gambling community, credit to its fast and cheaper transactions. Additionally, LTC is less volatile compared to other cryptos used in gambling such as Bitcoin. Thus, players are assured of more value for their money. Atop of it all, LTC can easily be exchanged for fiat currencies or into other virtual currencies.
What does Litecoins have to do with casinos?
It is hard to talk of Litecoins or any other cryptocurrency without mentioning blockchain technology. Almost every cryptocurrency runs on the protocols of this digitalized public ledger system-blockchain- which is why cryptos continue to find new applications in practically all spheres of global economy.
Likewise, online casinos have picked up the pace and adopted cryptos in their systems as a solution to all the woes that come with using fiat currencies. As mentioned earlier, LTC has had a quite impressive acceptance among many online casinos mainly due to its fast transactions. Users no longer have to wait for hours to withdraw their winnings like it’s a trend with most casinos that only accept fiat.
For long, the gambling industry has struggled with issues of privacy of users. Some payment options are known to share the identities of online gamblers without their consent.
Luckily, with the pseudonymous nature of any LTC casino, you can build a bankroll without the fear of ‘someone is watching over your shoulder.’ Besides, what fun is there in gambling without privacy?
The best thing about Litecoin casinos is that you can play from anywhere in the world without the fear of losing your money. Firstly, because all LTC transactions are open source, you will have full access to the entire history of transactions thereby closely monitoring every game and bet.
Lastly, the level of player protection in Litecoin casinos is arguably the best in the world. Simply due to the default principle of LTC and other virtual currencies transactions, they are more secure. This is also a huge plus for operators who over the years have been haunted by breaches and hacks not to mention the huge losses in the event players lose their money to hackers.
That aside, before you gamble with Litecoin, there are several factors you ought to consider so as to ascertain the legitimacy as well as the authenticity of a Litecoin casino.
What to check before using a Litecoin casino?
Casino license and regulation
Although Litecoin casinos and any other crypto casinos are not obliged to having a license, it is always a good idea to ensure that your preferred casino is licensed. This gives you peace of mind knowing that the operators are recognized by the state law and hence can be trusted.
Usually, license information about a casino can be found at the bottom page of their website, along with its jurisdiction. A good Litecoin casino will have a link to its master license owner as well as the logo of the regulatory body. Some of the most popular casino licenses are from Caribbean based nations such as Curacao.
It is imperative to check the payments options and payment providers of Litecoin casinos in order to decide on which payment gateway is convenient for you. Some of the most common options are Litepay and Litepal owned by the LTC developers that allow the users to receive and accept Litecoin payments. However, check the casino’s website for more details on payment options available or alternatively reach out to customer care desk for inquiries on payments.
Like any other business, customer support is paramount in ensuring clients’ satisfaction. Additionally, as a customer, it is convenient to know that your service provider is readily available for any inquiries or suggestions. You should, therefore, ensure your preferred casino has a strong customer care base. This may be through the casino’s social media platforms or customers’ support telephone.
Basically, provably fair means the principles adopted to ensure the fairness of casino games. Although the principles vary from game to game, the specifics are the same for all single player games. The key to the provable system is that it uses a cryptographic algorithm that runs on hash functions. This makes the information sent to the player and casino difficult to decode. In simpler terms, the player can be assured that the operator didn’t cheat.
Here is how it works. A casino creates a certain seed number for a bet. But to ensure no interference occurs on the number, the casino will have to compute the hash of the seed number and give the hash value to you as a player. You will then add your own seed number, hash it and the bet plays out. At the end of the bet, if the two hashes match, the bet is verified meaning no interference occurred.
Check reviews online
It is recommended you do a thorough online review on a Litecoin casino before depositing your funds. By doing this, you will have an opportunity to ascertain the integrity as well as the casino’s legitimacy. You can start by scrutinizing the casino over the search engines and go through some of the casinos’ review pages. Additionally, online casinos forums such as Casinomeister and AskGamblers can be used as a source of information.
Top Litecoin casinos
Here is a detailed review of the best Litecoin casinos right now;
Bitstarz is an online casino licensed by Antillephone n.v that gives players across the globe an extensive array of games to choose from including live dealers and 3D slots. Apart from its aesthetically pleasing webpage layout, you will definitely love the generous bonuses and promotions Bitstarz offers to both newbies and existing members.
For new players, by just signing up and confirming your account, you get 20 free spins. The best part; you get a whopping 100% bonus on your first deposit. But that’s not all! You get another 180 free spins adding to 200 spins. Deposits can conveniently be made through MasterCard, Neteller, BTC, LTC, and online bank transfers. To crown it all, the casino has one of the best customer service personnel, who are readily available 24/7 through the online live chat interface.
7bitcasino is among the fast-rising online casinos regulated and licensed by Curacao government. Although the casino primarily accepts Bitcoins, players can use conventional currencies as well as LTC. Additionally, both deposits and withdrawals can be made through Bank wire, BTC, Visa, and MasterCard. However, it is important to note that each transaction is limited to 5000 EUR or equivalent.
In addition to the popular table games such as blackjack, poker, and roulette; 7bitcasino has also partnered with reputable brands in the casino games industry, giving the users a variety of games to play. Of course, 7bitstarz also offers live games including the most sought-after live lottery and live Keno.
This SoftSwiss casino has earned a spot among the most secure online casinos due to its huge efforts to protect its players. Whilst LTC gaming eliminates the security concerns by itself, players who decide to use traditional payment methods are protected with a 128-bit SSL encryption from COMODO, which is a leading cybersecurity platform. As a measure to ensure fairness, the casino uses provably fair technology in running all games.
7bitcasino has customer service as one of their top priorities with a team of the friendly and professional support team that is readily available. You can contact them through e-mail with their inquiry form found in the casino lobby. Alternatively, you can also get in touch with them via their live-chat interface that is available round the clock.
Established in 2014, fortune jack is one of the oldest online gambling casinos owned by Nexus Group Enterprises Casinos and is licensed by Curacao. The site is built to transact only with BTC, ETH, LTC, XMR and DASH which serves both as withdrawal and deposit options. Fortune jack offers a mixture of both live and virtual casinos as well as binary trading options.
There are two main ways you can earn bonuses with fortune jack- affiliate program and through deposits. When you sign up for the affiliate program, you earn monthly commissions of up to 70% of the total revenue gained by the players you referred. You will also enjoy an additionally 2% commission on sub-affiliates, signed by a member you originally referred. For the deposit bonus, you are rewarded a solid 130% bonus on your total deposit along with 250 spins.
Fortune jack has adopted high measures to assure its players of their safety through the SSL encryption. Moreover, the site itself relies on cryptocurrencies for transactions to install extra safety. Nonetheless, this online casino does require your personal or financial information upon signing up thereby further safeguarding the players’ privacy.
The customer support is readily available and easy to reach through live chat and typically resolves complains in a matter of days.
mBit casino is a leading online casino with a huge collection of live games as well as virtual table games. These include Baccarat, Triple Edge, Red dog in addition to a number of video pokers and specialty games. One feature that distinguishes mBit casino from the rest is its mobile-optimized website that can be accessed from Android and iOS devices. The web is well laid out with eye-catching details designed to attract players giving them an exciting gaming experience.
Deposits and withdrawals are done using BTC, LTC, DOGE, ETH, and BCH. This goes a long way into ensuring safe transactions due to the tamper-proof nature of all crypto transactions. In case of any inquiries, players can contact the customer support through their live chat button on the bottom page of the site.
Crypto-games online casino houses a full array of game options with competitive odds; from dice and slots to roulettes and video pokers. The site is beginner friendly, offers full support for auto betting and a functional community you can communicate with via chat box. Players can also reap huge bonuses from promotions and contests supported by the platform in addition to the progressive jackpot offered.
Although this gambling platform was exclusively for Dogecoin, it now supports a variety of other digital currencies including LTC. The best thing about the crypto game is its almost instant account creation which takes about 10 minutes.
All you need is a valid email address and a strong password to secure your account. You will be blown away by how fast withdrawal and deposits are made no matter the cryptocurrency you are using. As a way of rewarding their players, crypto-games offer a 25% bonus on every bet made by direct referrals.
Gambling is frowned upon in many countries with some going to the extent of prohibiting it. Well, given the losses incurred when one is addicted to gambling, it’s only fair to discourage this practice.
However, we cannot deny the fact that gambling is entertaining and can be played just to pass the time or even as a way to make some extra bucks. By leveraging the power of cryptocurrency, gambling can be safer and efficient thanks to the underlying protocol of digital currencies.
Check our site for more updates and reviews on Litecoin casinos. Thank you.