Cryptocurrencies have established themselves as a popular alternative to common currencies. This is not only true for online trading, but also for online casinos. There are a large number of crypto casinos that specialize in digital currencies. The cryptocurrency that this guide is going to be about is Litecoin. Compared to the top dog Bitcoin, Litecoin is less known but offers great potential for casino players. In the following, we provide you with all the important information about Litecoin, so that you can check whether a Litecoin casino suits your needs.
What is Litecoin exactly?
Before going into the benefits of a Litecoin casino, it should first be shown what Litecoin is exactly about. Similar to Bitcoin, Litecoin is a cryptocurrency that follows the open-source principle. Basically, any private individual can download the necessary software and generate Litecoin using the processing power of their home computer. This process is called mining. However, since the algorithms for mining require a lot of computing power and time, these private individuals usually join together to form so-called mining pools. These pools combine their generated Litecoin and divide them among themselves.
The Litecoin obtained in this way can be used to pay online or to trade on exchanges. Of course, this cryptocurrency is also ideally suited for use in an online casino.
The best ways to get Litecoin
The method of mining shown above is the original variant used by individuals to generate Litecoin. However, this requires that the right equipment is procured so that mining can be carried out efficiently. Furthermore, mining takes a certain amount of time and involves high power consumption. So if you don't plan to generate Litecoin permanently, but just need seed money to play at the Litecoin casino of your choice, it makes sense to buy the cryptocurrency on the market instead. Since Litecoin doesn't have such a high market capitalization as other cryptocurrencies, it is quite cheap to buy in the currency. In addition, the market value of Litecoin is growing steadily on average, which makes the cryptocurrency a good investment opportunity.
Litecoin casino: Advantages
If you decide to play at a Litecoin casino, there are some special advantages waiting for you, which are not available in conventional online casinos. These advantages are due to the properties of the cryptocurrency itself, which generally favor online transactions and also have a positive impact on the online casino experience.
1. Litecoin allows a high degree of anonymity
The first big advantage is the anonymity that players can enjoy thanks to Litecoin in an online casino. This feature is due to the fact that it is not necessary to provide personal data in order to receive Litecoin. The people in the mining pools act anonymously and no personal data needs to be provided for a corresponding wallet either. This quality transfers directly to the Litecoin casino. For the most part, only a username and a password have to be entered for registration and then you can start playing. Especially in the context of gambling, this feature of Litecoin is advantageous. Many people consider online casinos as a private matter. It is very convenient that Litecoin makes it impossible for sensitive data to fall into the hands of third parties.
2. Litecoin offers high speed for transactions
Since Litecoin is purely digital, transactions are guaranteed in real time. This is especially beneficial for playing at an online casino and facilitates many situations. For example, once you have found a suitable Litecoin casino for you, it is normal that you want to start playing immediately. When you make your deposit with Litecoin, you can instantly enjoy your favorite games, while a transfer can take several days, which can be frustrating. The same is true for withdrawals. If it is important to you that you have your winnings quickly at hand, Litecoin guarantees a fast payout.
What games can be played in a Litecoin casino?
Basically, all popular casino games are also available in a Litecoin casino. Cryptocurrencies have long been established in the casino industry, so there are many providers that offer large parts of their game portfolio for Litecoin.
Nevertheless, there are restrictions depending on the provider. For online casinos that accept many other currencies, it may be the case that they provide only a part of their games for Litecoin. If the game you like the most can't be played with the cryptocurrency, it's a disappointing situation.
For this reason, you should make sure that the provider offers your favorite Litecoin games in their portfolio before signing up. Alternatively, you can also sign up specifically at a specialized Litecoin casino, as you can be sure that these providers accept Litecoin for their entire game selection.
Is there a Litecoin bonus in online casinos?
Another positive aspect of Litecoin casinos is that players can enjoy the same bonus offer that is offered in traditional online casinos. Thanks to these offers, especially new players can get started more easily, as they offer additional starting capital and room to maneuver.
1. Litecoin deposit bonus
One of the most popular bonus types is the deposit bonus. Depending on the amount of your deposit, you will receive a percentage bonus. Often the rate is 100%. So if you deposit 10 Litecoin, you will have a total of 20 Litecoin at your disposal. This bonus is an effective start-up aid and is suitable for players who want to make both small and large deposits.
2. Freespins at a Litecoin casino
Free spins are often offered in addition to a deposit bonus. These allow you to try out the casino's offer to find out which games are best suited for you before playing for real stakes. Free spins therefore ensure that especially new players have a good Litecoin Casino experience.
Conclusion: Litecoin casinos are an attractive alternative
Overall, a Litecoin casino offers numerous advantages that make it an exciting option for casino fans. For example, the anonymity offered and the high speed of the cryptocurrency allow for a comfort that guarantees a pleasant casino experience. Nevertheless, you should pay attention to which casino you choose to play with Litecoin. For example, the Litecoin casino should offer a wide range of bonuses and games.
The 5 best Litecoin casinos
As you can see, playing at Litecoin casinos is a rewarding hobby. This is especially true if you follow our tips when choosing your Litecoin casino. Thanks to them, you will be able to easily choose the Litecoin casino that best suits your needs. Nevertheless, the search for the best possible Litecoin casino can take a lot of time, which is solely due to the large selection of appealing providers. The fact that the market is constantly growing does not make things any easier.
For this reason, we will guide you a little further and offer you our selection of the 5 best Litecoin casinos. If you use this list as a guide in your search, you will save yourself a lot of time and can start playing faster.
1. 1xBit: Large welcome bonus offers strong entry
The main advantages:
- Lucrative bonus offer
- Extensive and high-quality range of games
The first entry in our selection goes to the provider 1xBit. Especially the welcome bonus of this Litecoin casino makes it well suited for new players. In total, up to 7 Bitcoin or the equivalent in another cryptocurrency like Litecoin can be received. Accordingly, it is possible to receive a large total amount of Litecoin. However, the bonus is not credited in one go - instead, it is spread over the first four deposits. For this reason, it is worthwhile to opt for 1xBit in the long term.
The strong welcome bonus can also be put to best use at 1xBit. The provider has an extensive game portfolio that includes a large selection of slots and all classic table games. The high quality of the games is also ensured by preferably using software from well-known developers such as Evolution Gaming.
2 BitStarz: Beginner-friendly offer for new players
The main advantages:
- 20 freespins
- Lucrative bonus offer provides long-term motivation
The next Litecoin casino in our selection is the provider BitStarz. This provider also offers new players an attractive welcome bonus. This time, up to four Bitcoin or the equivalent in another cryptocurrency can be received. Once again, the total amount is split between the first four deposits. A special advantage, however, is that you can receive a bonus of 20 free spins without a deposit at BitStarz - to unlock these free spins, you simply need to register at the casino. The 20 free spins can be used well to try out the range of Litecoin games - with a bit of luck and skill, you might even start winning.
3. Crypto wild: free spins provide a dynamic start to the game
The main advantages:
- Bonus of up to 200 Litecoin
- 150 Freespins
The third entry in our list goes to the provider Crypto Wild, which, as the name already suggests, also knows how to deal with Litecoin. This is already visible with a look at the welcome bonus - which is especially aimed at Litecoin users. For the first deposit, a premium of 150% beckons, with which up to 50 extra Litecoin can be received. This significantly increases the starting capital for beginners. But Crypto Wild also provides long-term motivation - a bonus of 50% also applies to subsequent deposits, which can bring in up to 50 Litecoin each. This strong offer is complemented by 150 free spins, which accrue after the first deposit and open up further opportunities to play.
All of this is designed to ensure that players can experience a straightforward and quick start at this Litecoin casino. This principle continues thanks to other features as well. For example, Litecoin transactions can be processed in real time. Furthermore, there are no fees whatsoever for deposits and withdrawals. In this way, hidden costs are avoided. Crypto Wild thus attaches great importance to making players feel at home in the casino - and it succeeds!
4. 7 Bit Casino: Varied game selection ensures long-term motivation
The main advantages:
- 100 freespins for the first deposit
- High quality game portfolio
The 7 Bit Casino is also a recommendable Litecoin casino. Here, too, the first reason is the sophisticated bonus system. The welcome bonus in the 7 Bit Casino corresponds to the rule that it is divided among the first four deposits. In total, you can receive a bonus of 8 Litecoin at this provider. This amount is not too big, but can be just right for players who prefer to play with low risk and smaller amounts anyway. Furthermore, it is worth mentioning that 100 free spins are also credited for the first deposit, which open up even more possibilities for you to explore this Litecoin casino.
The second feature that is a big plus for Bit Casino is the game portfolio. Overall, players can look forward to numerous themed slots and a successful selection of table games. Accordingly, it is ensured that every type of player gets their money's worth. Another big advantage is that the game selection comes from many different developers, which gives the game pool additional variance. Many games come from top-class developers such as NetEnt, Microgaming and Evolution Gaming.
5 PlayAmo: A convincing all-round package
The main advantages:
- Game portfolio of top-class developers
- No transaction fees for Litecoin
Last but not least, we would like to introduce you to the Litecoin Casino PlayAmo. PlayAmo also has a promising line-up of developers who can enrich your everyday gaming life. For example, you will also find titles from the popular providers NetEnt and Microgaming in the portfolio of this Litecoin Casino. Among other things, you can enjoy the Egypt slot "Book of Dead" and go in search of the great pharaohs' treasures. Friends of traditional table games will also feel at home at PlayAmo. For example, there is an entire section dedicated exclusively to Blackjack. You can choose from a large selection of different variants of this popular card game. The same applies to the well-equipped live casino.
The quality of the game selection alone ensures that players will quickly feel at home in this Litecoin casino. However, this effect is further enhanced by other features. For example, Litecoin transactions take place in real time. So if you want to play a round spontaneously, you don't have to wait until your deposit has been processed. Furthermore, there are no fees for deposits or withdrawals, which means you don't have to worry about this common hidden cost.